The future of Royal Bank of Scotland should become clearer on Friday, with Britain’s finance ministry expected to reveal if it wants the state-backed lender to be broken up. Bankers and political sources say the most likely outcome is that RBS, 81 percent-owned by the government, will agree to create an internal ‘bad bank’ to house more of its problem loans, with the government deciding against a formal break-up.
USDJPY Forex Trading Pivot Point Levels for 2013.10.31
2013.10.31 7:30AM ET | USDJPY Currency Pair
Here are the current Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair. Price action is currently trading below the daily pivot point at the 98.227 price level, according to data at 7:30 AM ET. The pair opened the Asian trading session earlier today above the daily pivot and has traded steadily lower over the course of the day.
Daily Pivot Point: 98.378
— S1 – 98.089
— S2 – 97.750
— S3 – 97.461
— R1 – 98.717
— R2 – 99.006
— R3 – 99.345
Weekly Pivot Points: USDJPY
Prices are currently trading higher than the weekly pivot point and exchanging now at the R1 resistance level on Thursday morning of the US session. The USDJPY has been on a bullish path so far this week after opening the trading week slightly below the weekly pivot.
Weekly Pivot Point: 97.602
— S1 – 96.730
— S2 – 96.059
— S3 – 95.187
— R1 – 98.273
— R2 – 99.145
— R3 – 99.816
Monthly Pivot Point: 98.806
— S1 – 97.009
— S2 – 95.814
— S3 – 94.017
— R1 – 100.001
— R2 – 101.798
— R3 – 102.993
By CountingPips.com – Forex 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.
GBPUSD Forex Trading Pivot Point Levels for 2013.10.31
2013.10.31 13:30 7:30AM ET | GBPUSD Currency Pair
Here are the current Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair. Price action is currently trading just under the daily pivot point at the 1.60319 price level, according to data at 7:30 AM ET. The pair opened the Asian trading session earlier today virtually on top of the daily pivot and has traded slightly lower over the course of the day so far.
Daily Pivot Point: 1.60363
— S1 – 1.59957
— S2 – 1.59569
— S3 – 1.59163
— R1 – 1.60751
— R2 – 1.61157
— R3 – 1.61545
Weekly Pivot Points: GBPUSD
Prices are currently trading under the weekly pivot point and below the S2 support level at time of writing. The GBPUSD has been on a bearish trend so far this week after opening the trading week close to even with the weekly pivot.
Weekly Pivot Point: 1.61774
— S1 – 1.60989
— S2 – 1.60359
— S3 – 1.59574
— R1 – 1.62404
— R2 – 1.63189
— R3 – 1.63819
Monthly Pivot Point: 1.59633
— S1 – 1.57258
— S2 – 1.52673
— S3 – 1.50298
— R1 – 1.64218
— R2 – 1.66593
— R3 – 1.71178
By CountingPips.com – Forex 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.
EURUSD Forex Trading Pivot Point Levels for 2013.10.31
2013.10.31 7:30AM ET | EURUSD Currency Pair
Here are the current Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair. Price action is currently trading sharply lower than the daily pivot point at the 1.36565 price level, according to data at 7:30 AM ET. The pair opened the Asian trading session earlier today below the daily pivot and has continued on a course lower down to the S2 support level today.
Daily Pivot Point: 1.37388
— S1 – 1.36931
— S2 – 1.36496
— S3 – 1.36039
— R1 – 1.37823
— R2 – 1.38280
— R3 – 1.38715
Weekly Pivot Points: EURUSD
Prices are currently trading under the weekly pivot point at time of writing. The EURUSD has been on a bearish path so far this week after opening the trading week above the weekly pivot.
Weekly Pivot Point: 1.37612
— S1 – 1.36908
— S2 – 1.35800
— S3 – 1.35096
— R1 – 1.38720
— R2 – 1.39424
— R3 – 1.40532
Monthly Pivot Point: 1.33989
— S1 – 1.32298
— S2 – 1.29350
— S3 – 1.27659
— R1 – 1.36937
— R2 – 1.38628
— R3 – 1.41576
By CountingPips.com – Forex 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.
USDCHF Forex Trading Pivot Point Levels for 2013.10.31
2013.10.31 7:30AM ET | USDCHF Currency Pair
Here are the current Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair. Price action is currently trading sharply over the daily pivot point at the 0.90328 price level, according to data at 7:30 AM ET. The pair opened the Asian trading session earlier today above the daily pivot and has continued on it way higher. Over the course of the day, the USDCHF has broken through the 0.9000 major level and ascended to trading above the R1 resistance level.
Daily Pivot Point: 0.89859
— S1 – 0.89487
— S2 – 0.89071
— S3 – 0.88699
— R1 – 0.90275
— R2 – 0.90647
— R3 – 0.91063
Weekly Pivot Points: USDCHF
Prices are currently trading over the weekly pivot point as of Thursday morning in the US. The USDCHF has been on a bullish pace so far this week after opening the trading week below the weekly pivot. This level has acted as support a few times this week with bounces pushing the USDCHF higher.
Weekly Pivot Point: 0.89530
— S1 – 0.88622
— S2 – 0.87986
— S3 – 0.87078
— R1 – 0.90166
— R2 – 0.91074
— R3 – 0.91710
Monthly Pivot Point: 0.91742
— S1 – 0.88938
— S2 – 0.87397
— S3 – 0.84593
— R1 – 0.93283
— R2 – 0.96087
— R3 – 0.97628
By CountingPips.com – Forex 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.
VIDEO: Turbulence for Air Traffic Control Modernization
Ten years after Congress gave the go-ahead to modernize the nation’s air traffic control system, one of the government’s most ambitious and complex technology programs is in trouble. (Oct. 31)
VIDEO: White House Concerned Over Senate Vote On Mortgage Regulator
The Obama administration expressed concern on Wednesday that Republicans may block a vote in the U.S. Senate on the nomination of the president’s choice to regulate mortgage finance firms Fannie Mae and Freddie Mac. The Senate scheduled a procedural vote on the nomination of Representative Mel Watt to head the Federal Housing Finance Agency, for early afternoon on Thursday.
VIDEO: HHS Secretary Apologizes for Health Care Site
Health and Human Services Secretary Kathleen Sebelius defended the health care overhaul against tough questions at a House committee hearing in Washington, but apologized for the problem-riddled enrollment launch. (Oct. 30)
VIDEO: Twitter Faces $124 Million Lawsuit Over Private Share Sale
Two financial firms filed a $124 million lawsuit against Twitter on Wednesday, just days before the microblogging company is set to debut on the New York Stock Exchange. The firms, Precedo Capital Group and Continental Advisors, alleged that Twitter intentionally orchestrated a failed private sale of its shares in an attempt to increase investor interest before the company’s initial public offering.
VIDEO: Stock Futures Edge Higher Ahead Of Fed Policy Decision
Stock index futures edged higher on Wednesday, a day after the Dow and the S&P 500 indexes hit a new closing record, on expectations that the Federal Reserve’s monthly bond purchases of $85 billion will be extended into next year. On the earnings front, shares of General Motors rose 1.5 percent in premarket trading after the company posted better-than-expected quarterly profit, thanks to strength in its core North American market and a smaller-than-anticipated loss in Europe.
