Month: November 2013

2013.11.15 | USDJPY Market Analysis

USDJPY Trends & Fibonacci Retracement Levels

The USDJPY currency pair has been rising sharply in forex market trading today with the USDJPY registering a high of 100.425 and a low of 99.931 on the day. Trends data shows the pair is currently in a short-term uptrend as prices are trading over our favored 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 a slight downtrend and changing course fast.

USDJPY Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 193.6 pips
30-day current trend is BULLISH / Trend strength of 218.9 pips
60-day current trend is BEARISH / Trend strength of -30.1 pips
90-day current trend is BEARISH / Trend strength of -28.5 pips
180-day current trend is BULLISH / Trend strength of 129.2 pips

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.

2013.11.15 | EURUSD Market Analysis

EURUSD Trends & Fibonacci Retracement Levels

The EURUSD currency pair has been falling in forex market trading today with the EURUSD registering a high of 1.34633 and a low of 1.34314 on the day. Trends data shows the pair is currently in a short-term uptrend as prices are trading over our favored 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 with the 1.3400 level providing an important support.

EURUSD Trends Data: Linear Regression Indicator

10-day current trend is BEARISH / Trend strength of -55.4 pips
30-day current trend is BEARISH / Trend strength of -162.3 pips
60-day current trend is BULLISH / Trend strength of 355.1 pips
90-day current trend is BULLISH / Trend strength of 484.2 pips
180-day current trend is BULLISH / Trend strength of 728.6 pips

Fibonacci Retracement Levels over last 100 Days

— 0.000 – 1.38316
— 0.236 – 1.35774
— 0.382 – 1.34201
— 0.500 – 1.32930
— 0.618 – 1.31659
— 0.764 – 1.30086
— 1.000 – 1.27544

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.

2013.11.15 | GBPUSD Market Analysis

GBPUSD Trends & Fibonacci Retracement Levels

The GBPUSD currency pair has been rising slightly in forex market trading today with the GBPUSD registering a high of 1.60895 and a low of 1.60471 on the day. Trends data shows the pair is currently in a short-term uptrend as prices are trading over our favored 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.

GBPUSD Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 71.6 pips
30-day current trend is BEARISH / Trend strength of -10.6 pips
60-day current trend is BULLISH / Trend strength of 523.5 pips
90-day current trend is BULLISH / Trend strength of 1039.7 pips
180-day current trend is BULLISH / Trend strength of 1030.4 pips

Fibonacci Retracement Levels over last 100 Days

— 0.000 – 1.62592
— 0.236 – 1.59178
— 0.382 – 1.57065
— 0.500 – 1.55358
— 0.618 – 1.53651
— 0.764 – 1.51538
— 1.000 – 1.48124

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.

2013.11.15 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. Price action is currently trading higher than the daily pivot point at the 0.91796 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today slightly above the daily pivot and has continued higher over the course of the day topping out so far close to the 0.9130 R1 level.

Daily Pivot Point: 0.91578
— S1 – 0.91280
— S2 – 0.90929
— S3 – 0.90631
— R1 – 0.91929
— R2 – 0.92227
— R3 – 0.92578

Weekly Pivot Points: USDCHF

Prices are currently trading just under the weekly pivot point at time of writing. The USDCHF has been on a bearish pace this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 0.91860
— S1 – 0.91233
— S2 – 0.90273
— S3 – 0.89646
— R1 – 0.92820
— R2 – 0.93447
— R3 – 0.94407

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.

2013.11.15 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 below the daily pivot point at the 1.34482 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today on top of the daily pivot and has traded lower over the course of the day finding resistance around the 1.3450 area.

Daily Pivot Point: 1.34576
— S1 – 1.34182
— S2 – 1.33784
— S3 – 1.33390
— R1 – 1.34974
— R2 – 1.35368
— R3 – 1.35766

Weekly Pivot Points: EURUSD

Prices are currently trading over the weekly pivot point at time of writing. The EURUSD has been on a bullish pace this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 1.34001
— S1 – 1.32535
— S2 – 1.31482
— S3 – 1.30016
— R1 – 1.35054
— R2 – 1.36520
— R3 – 1.37573

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.

2013.11.15 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 higher than the daily pivot point at the 100.376 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today above the daily pivot and has traded higher over the course of the day with prices finding support at the 100.00 major price level.

Daily Pivot Point: 99.758
— S1 – 99.373
— S2 – 98.743
— S3 – 98.358
— R1 – 100.388
— R2 – 100.773
— R3 – 101.403

Weekly Pivot Points: USDJPY

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

Weekly Pivot Point: 98.721
— S1 – 98.040
— S2 – 96.929
— S3 – 96.248
— R1 – 99.832
— R2 – 100.513
— R3 – 101.624

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.

2013.11.15 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 1.60819 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today above the daily pivot and has traded higher over the course of the day.

Daily Pivot Point: 1.60507
— S1 – 1.60010
— S2 – 1.59376
— S3 – 1.58879
— R1 – 1.61141
— R2 – 1.61638
— R3 – 1.62272

Weekly Pivot Points: GBPUSD

Prices are currently trading over the weekly and monthly pivot points on last trading day of the week. The GBPUSD is ending the week on a bullish pace after opening the trading week below the weekly and monthly pivots.

Weekly Pivot Point: 1.60101
— S1 – 1.59035
— S2 – 1.57957
— S3 – 1.56891
— R1 – 1.61179
— R2 – 1.62245
— R3 – 1.63323

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.

2013.11.14 | EURUSD Market Analysis

EURUSD Trends & Fibonacci Retracement Levels

The EURUSD currency pair has been falling in forex market trading today with the EURUSD registering a high of 1.34969 and a low of 1.34177 on the day. Trends data shows the pair is currently heading into a short-term uptrend as prices are trading over our favored short-term moving average. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels, the pair continues to be in an uptrend with prices remaining at the edge of our channels (2 standard deviations below the center regression line).

EURUSD Trends Data: Linear Regression Indicator

10-day current trend is BEARISH / Trend strength of -132.0 pips
30-day current trend is BEARISH / Trend strength of -148.2 pips
60-day current trend is BULLISH / Trend strength of 367.5 pips
90-day current trend is BULLISH / Trend strength of 499.8 pips
180-day current trend is BULLISH / Trend strength of 723.6 pips

Fibonacci Retracement Levels over last 100 Days

— 0.000 – 1.38316
— 0.236 – 1.35774
— 0.382 – 1.34201
— 0.500 – 1.32930
— 0.618 – 1.31659
— 0.764 – 1.30086
— 1.000 – 1.27544

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.

2013.11.14 | USDCHF Market Analysis

USDCHF Trends & Fibonacci Retracement Levels

The USDCHF currency pair has been gaining in forex market trading today with the USDCHF registering a high of 0.91875 and a low of 0.91226 on the day. Trends data shows the pair is currently in a short-term uptrend as prices are trading over our favored short-term moving average although a short-term top may be in with the potential for bearish trend change. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels, the pair remains in a downtrend.

USDCHF Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 107.9 pips
30-day current trend is BULLISH / Trend strength of 115.9 pips
60-day current trend is BEARISH / Trend strength of -262.1 pips
90-day current trend is BEARISH / Trend strength of -373.7 pips
180-day current trend is BEARISH / Trend strength of -453.8 pips

Fibonacci Retracement Levels

— 0.000 – 0.88893
— 0.236 – 0.90925
— 0.382 – 0.92182
— 0.500 – 0.93199
— 0.618 – 0.94215
— 0.764 – 0.95472
— 1.000 – 0.97504

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.

2013.11.14 | GBPUSD Market Analysis

GBPUSD Trends & Fibonacci Retracement Levels

The GBPUSD currency pair has been declining in forex market trading today with the GBPUSD registering a high of 1.60632 and a low of 1.59873 on the day. Trends data shows the pair is currently in a short-term  neutral trend. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels, the pair continues to be in an uptrend with prices remaining above the major 1.6000 level.

GBPUSD Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 2.8 pips
30-day current trend is BEARISH / Trend strength of -42.9 pips
60-day current trend is BULLISH / Trend strength of 540.8 pips
90-day current trend is BULLISH / Trend strength of 1053.3 pips
180-day current trend is BULLISH / Trend strength of 1027.1 pips

Fibonacci Retracement Levels over last 100 Days

— 0.000 – 1.62592
— 0.236 – 1.59178
— 0.382 – 1.57065
— 0.500 – 1.55358
— 0.618 – 1.53651
— 0.764 – 1.51538
— 1.000 – 1.48124

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.