Month: November 2013

The Organisation for the Prohibition of Chemical Weapons announced the U.S. will contribute both technology and financing to the weapons dismantling.

Investors too often fail to talk to their families about their finances, say Ken Dychtwald, CEO Age Wave, and David Tyrie, managing director at Bank of America Merrill Lynch. Advisers sometimes need to push them into these conversations.

2013.11.29 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 today. Price action is currently trading slightly above the daily pivot point at the 102.312 price level, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.601 while the low of day reached 102.107. The pair opened the Asian trading session earlier today over the daily pivot and has traded sideways overall so far today.

Daily Pivot Point: 102.198
— S1 – 102.034
— S2 – 101.763
— S3 – 101.599
— R1 – 102.469
— R2 – 102.633
— R3 – 102.904

Weekly Pivot Points: USDJPY

Prices are currently trading over the weekly pivot point at time of writing. The USDJPY has been on an overall bullish pace this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 100.718
— S1 – 100.093
— S2 – 98.937
— S3 – 98.312
— R1 – 101.874
— R2 – 102.499
— R3 – 103.655

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.

2013.11.29 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 today. Price action is currently trading just above the daily pivot point at the 1.63341 price level, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.63730 while the low of day reached 1.63137. The pair opened the Asian trading session earlier today above the daily pivot and traded higher then lower over the course of the day with resistance at the R1 level and support being found around the pivot area.

Daily Pivot Point: 1.63250
— S1 – 1.62935
— S2 – 1.62446
— S3 – 1.62131
— R1 – 1.63739
— R2 – 1.64054
— R3 – 1.64543

Weekly Pivot Points: GBPUSD

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on a bullish pace this week after opening the trading week above the weekly pivot. The pair has reached above the R2 resistance level and currently trades slightly below this level at 1.6334.

Weekly Pivot Point: 1.61691
— S1 – 1.61121
— S2 – 1.60016
— S3 – 1.59446
— R1 – 1.62796
— R2 – 1.63366
— R3 – 1.64471

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.

2013.11.29 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 today. Price action is currently trading over the daily pivot point at the 1.36105 price level, according to data at 6:30 AM ET. The
EURUSD high for the day has been 1.36210 while the low of day reached 1.35950. The pair opened the Asian trading session earlier today modestly above the daily pivot and has traded overall higher over the course of the day with prices currently consolidating above 1.3600.

Daily Pivot Point: 1.35948
— S1 – 1.35719
— S2 – 1.35401
— S3 – 1.35172
— R1 – 1.36266
— R2 – 1.36495
— R3 – 1.36813

Weekly Pivot Points: EURUSD

Prices are currently trading above the weekly pivot point on the last trading day of the week. The EURUSD has been on a steady bullish pace this week after opening the trading week above the weekly pivot and has extended its run to the R1 resistance level at 1.3623.

Weekly Pivot Point: 1.35110
— S1 – 1.34434
— S2 – 1.33310
— S3 – 1.32634
— R1 – 1.36234
— R2 – 1.36910
— R3 – 1.38034

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.

2013.11.29 13:30 6:30AM ET | USDCHF Currency Pair

Here are the current Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading below the daily pivot point at the 0.90390 price level, according to data at 6:30 AM ET. The
USDCHF high for the day has been 0.90643 while the low of day reached 0.90349. The pair opened the Asian trading session earlier today slightly below the daily pivot and has trended lower over the course of the day with the pair reaching a low right at the  S1 support level today.

Daily Pivot Point: 0.90600
— S1 – 0.90345
— S2 – 0.90145
— S3 – 0.89890
— R1 – 0.90800
— R2 – 0.91055
— R3 – 0.91255

Weekly Pivot Points: USDCHF

Prices are currently trading under the weekly pivot point on the last day the trading week. The USDCHF has been on a bearish pace this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 0.91056
— S1 – 0.90208
— S2 – 0.89784
— S3 – 0.88936
— R1 – 0.91480
— R2 – 0.92328
— R3 – 0.92752

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.

Turkey Day has a way of increasing investors’ appetite for U.S. stocks. In fact, investors tend to gobble up stocks and push prices higher from the end of Thanksgiving week through year’s end, according to data compiled by Bespoke Investment Group. Going back to 1945, the broad Standard & Poor’s 500-stock index has posted has average gains of 1.8%, with positive returns 71% of the time in the period from Thanksgiving to year’s end

Pope Francis named his personal secretary to supervise the activities of the Vatican bank on Thursday, in a sign the pontiff wants to keep a tight grip on the drive to clean up its operations and image. Alfred Xuereb, a 55-year-old Maltese prelate, will be responsible for overseeing two commissions created by the pope to supervise the bank itself and the economic structure and finances of the Holy See, the Vatican said in a statement. Since taking office in March, Francis has moved to tackle years of financial scandals involving the Vatican bank, formally known as the Institute for Works of Religion, which is under investigation on suspicion of money laundering.

2013.11.28 | USDJPY Market Analysis

USDJPY Trends & Fibonacci Retracement Levels

The USDJPY currency pair has been rising sharply in forex market trading in recent days and weeks with the USDJPY registering a high of 102.282 and a low of 101.928 for today. Trends data shows the pair is currently in a short-term uptrend as prices are trading over the 21-period linear short-term moving average. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels indicator, the pair continues to be in an uptrend and is currently breaking through the fibonacci retracement cycle high at 102.18.

USDJPY Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 275.9 pips
30-day current trend is BULLISH / Trend strength of 466.5 pips
60-day current trend is BULLISH / Trend strength of 163.0 pips
90-day current trend is BULLISH / Trend strength of 194.7 pips
180-day current trend is BULLISH / Trend strength of 125.0 pips

Fibonacci Retracement Levels: Past 100 Days

— 0.000 – 102.184
— 0.236 – 100.677
— 0.382 – 99.745
— 0.500 – 98.992
— 0.618 – 98.238
— 0.764 – 97.306
— 1.000 – 95.799

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.

2013.11.28 | USDCHF Market Analysis

USDCHF Trends & Fibonacci Retracement Levels

The USDCHF currency pair has been falling in forex market trading today with the USDCHF registering a high of 0.90854 and a low of 0.90399 on the day. Trends data shows the pair is currently in a short-term downtrend as prices are trading under the short-term 21 period linear moving average. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels indicator, the pair continues to be in a downtrend with prices trading at the 23.6% fibonacci retracement level of the pullback from 0.8889 low.

USDCHF Trends Data: Linear Regression Indicator

10-day current trend is BEARISH / Trend strength of -109.2 pips
30-day current trend is BULLISH / Trend strength of 173.2 pips
60-day current trend is BEARISH / Trend strength of -154.5 pips
90-day current trend is BEARISH / Trend strength of -275.1 pips
180-day current trend is BEARISH / Trend strength of -473.5 pips

Fibonacci Retracement Levels: Past 100 Days

— 0.000 – 0.88892
— 0.236 – 0.90552
— 0.382 – 0.91578
— 0.500 – 0.92408
— 0.618 – 0.93238
— 0.764 – 0.94264
— 1.000 – 0.95924

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.