USDJPY Forex Trading Pivot Point Levels for 2014.05.07

2014.05.07 12:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.05.07

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading below the daily pivot point at the 101.573 price level, according to data at 6:30 AM ET. The USDJPY high for the day has been 101.755 while the low of day has reached to 101.422. The pair earlier today opened the Asian trading session below the daily pivot and has trended lower into the North American morning session.

Daily Pivot Point: 101.779
— S1 – 101.379
— S2 – 101.088
— S3 – 100.688
— R1 – 102.070
— R2 – 102.470
— R3 – 102.761


Weekly Pivot Points: USDJPY

SC USDJPY 2014.05.07

Prices are currently trading under the weekly pivot point and below the S1 support level at time of writing. The USDJPY has been on an overall bearish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 102.399
— S1 – 101.793
— S2 – 101.414
— S3 – 100.808
— R1 – 102.778
— R2 – 103.384
— R3 – 103.763


By CountingPips.comForex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.

 

 

 

CategoriesUncategorized