Month: October 2013

Officials in a struggling California city are pushing a plan to use the power of eminent domain to seize “underwater” mortgages and help homeowners at risk of foreclosure. But some say the plan is illegal and could hurt the local economy. (Oct. 18)

Baldwin to pay another $100,000 toward NY tax bill; ‘Fifty Shades’ fiasco discussed at studio meeting; Galaxy of stars help open performing arts center. (Oct. 18)

2013.10.18 13:30 6:30AM 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 over the daily pivot point at the 1.62136 price level, according to data at 6:30 AM ET on Friday Oct 17th. The pair opened the Asian trading session earlier today above the daily pivot and has continued its bullish action of the week into today.

Daily Pivot Point: 1.60911
— S1 – 1.60111
— S2 – 1.58590
— S3 – 1.57790
— R1 – 1.62432
— R2 – 1.63232
— R3 – 1.64753

Weekly Pivot Points: GBPUSD

Prices are also currently trading well above the weekly pivot point at time of writing. The GBPUSD has been on a bullish pace later in the week after the US government debt ceiling deal came through. The pair had opened the trading week below the weekly pivot and see-sawed around the pivot level earlier in the week before the bulls put wind into this pair.

Weekly Pivot Point: 1.59958
— S1 – 1.58683
— S2 – 1.57855
— S3 – 1.56580
— R1 – 1.60786
— R2 – 1.62061
— R3 – 1.62889

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.

2013.10.18 13:30 6:30AM 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 under the daily pivot point at the 97.607 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today below the daily pivot and has trended lower over the course of the day.

Daily Pivot Point: 98.210
— S1 – 97.425
— S2 – 96.944
— S3 – 96.159
— R1 – 98.691
— R2 – 99.476
— R3 – 99.957

Weekly Pivot Points: USDJPY

Prices are currently trading under the weekly pivot point at time of writing after spending most of the week above this level. The USDJPY gapped lower to open the trading week although above the weekly pivot and saw bullish action earlier in the week. Prices were contained at the resistance area around the 99.00 level (near monthly pivot). The pair has since dropped to trading in the 97.50 area on Friday.

Weekly Pivot Point: 97.910
— S1 – 97.234
— S2 – 95.891
— S3 – 95.215
— R1 – 99.253
— R2 – 99.929
— R3 – 101.272

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.

2013.10.18 13:30 6:30AM 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 above the daily pivot point at the 1.36964 price level, according to data at 6:30 AM ET on Friday. The pair opened the Asian trading session earlier today well above the daily pivot and has continued higher over the course of the day so far.

Daily Pivot Point: 1.36236
— S1 – 1.35660
— S2 – 1.34575
— S3 – 1.33999
— R1 – 1.37321
— R2 – 1.37897
— R3 – 1.38982

Weekly Pivot Points: EURUSD

Prices are also currently trading over the weekly pivot point at time of writing. The EURUSD has been on a bullish pace later in the week after the US government came to an agreement on their shutdown and debt ceiling issues. The pair opened the trading week above the weekly pivot, fell below earlier in the week to the S1 support level and then broke higher through R2 level.

Weekly Pivot Point: 1.35448
— S1 – 1.34830
— S2 – 1.34233
— S3 – 1.33615
— R1 – 1.36045
— R2 – 1.36663
— R3 – 1.37260

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.

After 16 days of shutdown, the government reopened its doors Thursday and hundreds of thousands of federal employees returned to work. Meanwhile, congressional budget negotiators began working to avert another showdown in a matter of weeks. (Oct. 17)

Post-shutdown agenda to focus on budget, immigration and a new farm bill. (Oct. 17)

2013.10.17 13:30 6:30AM 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 over the daily pivot point at 6:30 am ET at the 1.36206 price level. The pair opened the Asian trading session above the daily pivot and ran through the R1 level and above R2.

Please see our pivot calculations below.

Daily Pivot Point: 1.35241
— S1 – 1.34814
— S2 – 1.34296
— S3 – 1.33869
— R1 – 1.35759
— R2 – 1.36186
— R3 – 1.36704

Weekly Pivot Point: 1.35448
— S1 – 1.34830
— S2 – 1.34233
— S3 – 1.33615
— R1 – 1.36045
— R2 – 1.36663
— R3 – 1.37260

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

2013.10.17 13:30 6:30AM 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 under the daily pivot point at 6:30 am ET at the 98.032 price level. The pair opened the Asian trading session above the daily pivot and fell through the daily pivot as well as the S1 level.

Please see our pivot calculations below.

Daily Pivot Point: 98.614
— S1 – 98.268
— S2 – 97.779
— S3 – 97.433
— R1 – 99.103
— R2 – 99.449
— R3 – 99.938

Weekly Pivot Point: 97.910
— S1 – 97.234
— S2 – 95.891
— S3 – 95.215
— R1 – 99.253
— R2 – 99.929
— R3 – 101.272

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

2013.10.17 13:30 6:30AM 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 well over the daily pivot point at 6:30 am ET at the 1.60698 price level. The pair opened the Asian trading session below the daily pivot and has ascended through the daily R1.

Daily Pivot Point: 1.59663
— S1 – 1.58754
— S2 – 1.58020
— S3 – 1.57111
— R1 – 1.60397
— R2 – 1.61306
— R3 – 1.62040

Weekly Pivot Point: 1.59958
— S1 – 1.58683
— S2 – 1.57855
— S3 – 1.56580
— R1 – 1.60786
— R2 – 1.62061
— R3 – 1.62889

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