2013.09.26 – New York Close – End of US Session
EURUSD Currency Pair Levels & Trend Strength Data
The euro declined against the US dollar today as the pair closed below the major 1.3500 exchange rate. The trend for the euro against the dollar is bullish although the 10 day short-term trend is showing signs of a top and losing steam as the pair consolidates near the 1.3500 level. The pair is also starting to trade under our 21 day moving average further the signaling the uptrend may be ready to take a breather.
Current Market Price: 1.34876
Today’s Pivot Point Levels:
Daily Pivot Point: 1.35077
Weekly Pivot Point: 1.34710
Monthly Pivot Point: 1.32810
Linear Regression Indicator Trend Strength Data:
10-day current trend is BULLISH / Trend strength of 256.8 pips
30-day current trend is BULLISH / Trend strength of 159.1 pips
60-day current trend is BULLISH / Trend strength of 417.2 pips
90-day current trend is BULLISH / Trend strength of 378.9 pips
180-day current trend is BULLISH / Trend strength of 101.7 pips
365-day current trend is BULLISH / Trend strength of 815.1 pips
GBPUSD Currency Pair Levels & Trend Strength Data
The British pound sterling today fell against the US dollar although the GBPUSD currency pair continues to find buying support around the 1.6000 level. The GBPUSD remains in consolidation mode following last week’s sharp bullish action. The pair’s trend is strongly bullish although the 10 day short-term trend is evening out due to prices consolidating this week. Look for the 1.6000 level to continue to play a major role either as support or resistance going forward.
Current Market Price: 1.60391
Today’s Pivot Point Levels:
Daily Pivot Point: 1.60483
Weekly Pivot Point: 1.60162
Monthly Pivot Point: 1.54355
Linear Regression Indicator Trend Strength Data:
10-day current trend is BULLISH / Trend strength of 245.6 pips
30-day current trend is BULLISH / Trend strength of 572.9 pips
60-day current trend is BULLISH / Trend strength of 1009.0 pips
90-day current trend is BULLISH / Trend strength of 631.4 pips
180-day current trend is BULLISH / Trend strength of 211.6 pips
365-day current trend is BEARISH / Trend strength of -538.2 pips
USDJPY Currency Pair Levels & Trend Strength Data
The dollar rose against the Japanese yen today to buck the trend of four consecutive losing days. The USD JPY trades currently at the 99.00 level and looks to build a base of support for higher levels. The 10 day short-term trend is slightly bearish to neutral.
Current Market Price: 99.012
Today’s Pivot Point Levels:
Daily Pivot Point: 98.534
Weekly Pivot Point: 98.900
Monthly Pivot Point: 97.937
Linear Regression Indicator Trend Strength Data:
10-day current trend is BEARISH / Trend strength of -64.2 pips
30-day current trend is BULLISH / Trend strength of 169.5 pips
60-day current trend is BEARISH / Trend strength of -79.5 pips
90-day current trend is BEARISH / Trend strength of -22.8 pips
180-day current trend is BULLISH / Trend strength of 736.6 pips
365-day current trend is BULLISH / Trend strength of 2864.9 pips
USDCHF Currency Pair Levels & Trend Strength Data
The Swiss franc fell slightly against the dollar today as the USDCHF pair consolidates among the lowest levels of the year. This pair has range-traded between 0.9075 and 0.9135 for the past six trading days and has only traded lower this year in February when this pair reached a low of 0.9021. The trend data for this pair continues to be overall bearish with the 10 day short-term bearish trend easing because of the consolidation of the last week.
Current Market Price: 0.91013
Today’s Pivot Point Levels:
Daily Pivot Point: 0.91015
Weekly Pivot Point: 0.91551
Monthly Pivot Point: 0.92785
Linear Regression Indicator Trend Strength Data:
10-day current trend is BEARISH / Trend strength of -257.8 pips
30-day current trend is BEARISH / Trend strength of -113.7 pips
60-day current trend is BEARISH / Trend strength of -332.1 pips
90-day current trend is BEARISH / Trend strength of -307.8 pips
180-day current trend is BEARISH / Trend strength of -32.9 pips
365-day current trend is BEARISH / Trend strength of -254.0 pips
By CountingPips.com – Get our Free Metatrader 4 Pivot Point Indicator