Month: November 2013

2013.11.22 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 above the daily pivot point at the 101.215 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today higher than the daily pivot and has dipped some but has traded higher over the course of the day.

Daily Pivot Point: 100.764
— S1 – 100.374
— S2 – 99.606
— S3 – 99.216
— R1 – 101.532
— R2 – 101.922
— R3 – 102.690

Weekly Pivot Points: USDJPY

Prices are currently trading well the weekly pivot point and prices trade near the R2 resistance level. The USDJPY has been on a bullish pace this week after opening the trading week above the weekly and monthly pivots.

Weekly Pivot Point: 99.833
— S1 – 99.241
— S2 – 98.323
— S3 – 97.731
— R1 – 100.751
— R2 – 101.343
— R3 – 102.261

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.

2013.11.22 | EURUSD Market Analysis

EURUSD Trends & Fibonacci Retracement Levels

The EURUSD currency pair has been gaining ground in forex market trading today with the EURUSD registering a high of 1.35264 and a low of 1.34616 on the day. Trends data shows the pair is currently in a short-term uptrend as prices are trading above our favored short-term linear moving average of 21 periods. 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 prices bouncing off the 50% fibo retracement level of 1.3460 as the Euro bulls have come back strong after a large daily decline took place a couple days ago.

EURUSD Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 118.5 pips
30-day current trend is BEARISH / Trend strength of -254.3 pips
60-day current trend is BULLISH / Trend strength of 295.7 pips
90-day current trend is BULLISH / Trend strength of 410.3 pips
180-day current trend is BULLISH / Trend strength of 739.8 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.

2013.11.22 | AUDUSD Market Analysis

AUDUSD Trends & Fibonacci Retracement Levels

The AUDUSD currency pair has been declining for the third straight day in forex market trading today with the AUDUSD registering a high of 0.92482 and a low of 0.91553 on the day. Trends data shows the pair has crossed into a short-term downtrend as prices are trading under our favored short-term 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 an uptrend although prices have deviated outside the second channel (2 standard deviations from center line). Downside targets include the 76.4% fibo level at 0.9061 and further down the line 100 % retracement level at 0.88468.

AUDUSD Trends Data: Linear Regression Indicator

10-day current trend is BEARISH / Trend strength of -126.9 pips
30-day current trend is BEARISH / Trend strength of -359.3 pips
60-day current trend is BULLISH / Trend strength of 242.2 pips
90-day current trend is BULLISH / Trend strength of 499.9 pips
180-day current trend is BEARISH / Trend strength of -1139.2 pips

Fibonacci Retracement Levels over last 100 Days

— 0.000 – 0.97568
— 0.236 – 0.95420
— 0.382 – 0.94092
— 0.500 – 0.93018
— 0.618 – 0.91944
— 0.764 – 0.90616
— 1.000 – 0.88468

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.

2013.11.22 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 0.91039 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 traded lower over the course of the day after finding resistance into the daily pivot area.

Daily Pivot Point: 0.91471
— S1 – 0.91065
— S2 – 0.90860
— S3 – 0.90454
— R1 – 0.91676
— R2 – 0.92082
— R3 – 0.92287

Weekly Pivot Points: USDCHF

Prices are currently trading under the weekly pivot point and exchange at the S1 support level at time of writing. The USDCHF has been up and down on the week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 0.91662
— S1 – 0.91019
— S2 – 0.90580
— S3 – 0.89937
— R1 – 0.92101
— R2 – 0.92744
— R3 – 0.93183

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.

2013.11.22 | GBPUSD Market Analysis

GBPUSD Trends & Fibonacci Retracement Levels

The GBPUSD currency pair has been virtually unchanged in forex market trading today with the GBPUSD registering a high of 1.62162 and a low of 1.61759 on the day. Trends data shows the pair is currently in a short-term uptrend with as prices trading above our favored short-term linear moving average of 21 periods. 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 as prices converge on the 1.6200 level with a recent high of 1.6259 looming up ahead (0% fibo level).

GBPUSD Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 250.8 pips
30-day current trend is BULLISH / Trend strength of 37.4 pips
60-day current trend is BULLISH / Trend strength of 401.9 pips
90-day current trend is BULLISH / Trend strength of 951.3 pips
180-day current trend is BULLISH / Trend strength of 1033.1 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.

Terrell Owens recently confessed that he is broke to Oprah’s life coach, Iyanla Vanzant but now he is making money and “omg! Insider” co-anchor Kevin Frazier was behind the scenes of with him at his new gig. Still brash and cocky as ever, Terrell is trying to make amends with the city of Philadelphia in a new Carl’s Jr. and Hardee’s commercial for the Philly cheesesteak burger. This commercial is part of the former NFL receiver’s plan to get his life and his finances back on track.

Uh oh! Mike “The Situation” Sorrentino from The Jersey Shore is being investigated for a felony believed to be involved with finances, by the FBI. Ref: SPL655358 211113 Video by: SNTV / Splash News

The Senate Banking Committee on Nov. 21 approved Janet Yellen’s nomination to become the first woman to lead the Federal Reserve, sending it to the full Senate for a final vote. If confirmed, as is widely expected, the current number two at the central bank will replace its chairman, Ben Bernanke, when his term expires on January 31, making her the most powerful woman in world finance. The vote was 14 in favor and 8 against.

The Bank of Japan maintained its ultra-loose monetary policy on Thursday and reiterated that the economy was recovering moderately, in a nod to signs of an increase in exports that is key to sustaining the momentum generated by Prime Minister Shinzo Abe’s stimulus policies. “Japan’s economy is recovering moderately,” the Bank of Japan said in a statement announcing the decision. Weak exports have been a major concern for Bank of Japan officials, who hope the global economy will pick up in time to make up for the expected downturn in household spending after the tax increase.

2013.11.21 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 above the daily pivot point today at the 0.91693 price level, according to data at 6:30 AM ET. The dollar/franc currency pair opened the Asian trading session earlier today above the daily pivot and has traded virtually sideways over the course of the day.

Daily Pivot Point: 0.91428
— S1 – 0.90951
— S2 – 0.90303
— S3 – 0.89826
— R1 – 0.92076
— R2 – 0.92553
— R3 – 0.93201

Weekly Pivot Points: USDCHF

Prices are currently trading slightly higher than the weekly pivot point at time of writing. The USDCHF has been on a bullish pace this week after opening the trading week below the weekly pivot and falling all the way to below the S1 support area. The pair has since recovered to trade at the weekly pivot level of 0.91662.

Weekly Pivot Point: 0.91662
— S1 – 0.91019
— S2 – 0.90580
— S3 – 0.89937
— R1 – 0.92101
— R2 – 0.92744
— R3 – 0.93183

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.