Month: November 2013

2013.11.20 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 at the daily pivot point at the 1.35221 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today above the daily pivot, spiking higher to the 1.3580 level and has traded lower  over the course of the day.

Daily Pivot Point: 1.35234
— S1 – 1.35005
— S2 – 1.34640
— S3 – 1.34411
— R1 – 1.35599
— R2 – 1.35828
— R3 – 1.36193

Weekly Pivot Points: EURUSD

Prices are currently trading over the weekly pivot point at time of writing and reside near the  R1 resistance level. The EURUSD has been on a bullish pace this week after opening the trading week above the weekly and monthly pivots.

Weekly Pivot Point: 1.34479
— S1 – 1.33907
— S2 – 1.32871
— S3 – 1.32299
— R1 – 1.35515
— R2 – 1.36087
— R3 – 1.37123

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.

2013.11.20 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 under the daily pivot point at the 99.878 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 trended lower over the course of the day although not straying too far from the pivot.

Daily Pivot Point: 99.974
— S1 – 99.703
— S2 – 99.292
— S3 – 99.021
— R1 – 100.385
— R2 – 100.656
— R3 – 101.067

Weekly Pivot Points: USDJPY

Prices are currently trading slightly above the weekly pivot point at time of writing. The USDJPY has been on an overall  bearish 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.

Lockheed Martin CEO Marillyn Hewson talks exclusively to WSJ at the Dubai Airshow about the challenges and opportunities facing the world’s largest defense contractor after her first year in charge. Photo: Reuters

Senator John Edwards is opening a new law firm with his eldest daughter Cate, shedding the low profile he has kept since standing trial last year on campaign finance fraud charges that arose from a failed 2008 White House bid. The firm, billed as a national plaintiffs’ practice with offices in Raleigh, North Carolina, and Washington, D.C.

Short-seller Jim Chanos said it is time for typical equity investors to be “a little more cautious” even as the stock market may continue to rise. Chanos said his fund Kynikos Associates is “very bearish on coal” and he is “pretty much short” all the U.S. leveraged coal companies.

2013.11.19 | EURUSD Market Analysis

EURUSD Trends & Fibonacci Retracement Levels

The EURUSD currency pair has been falling slightly in forex market trading today with the EURUSD registering a high of 1.35424 and a low of 1.34913 on the day. Trends data shows the pair is currently in a short-term uptrend as prices have crossed-over our favored short-term moving average of 21 periods. 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 coming off of last week’s lows back to the 1.3500 level.

EURUSD Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 58.2 pips
30-day current trend is BEARISH / Trend strength of -185.6 pips
60-day current trend is BULLISH / Trend strength of 342.7 pips
90-day current trend is BULLISH / Trend strength of 453.9 pips
180-day current trend is BULLISH / Trend strength of 736.3 pips

Fibonacci Retracement Levels over last 100 Days

— 0.000 – 1.38317
— 0.236 – 1.35775
— 0.382 – 1.34202
— 0.500 – 1.32931
— 0.618 – 1.31660
— 0.764 – 1.30087
— 1.000 – 1.27545

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.

2013.11.19 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 sharply under the daily pivot point at the 1.60680 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today slightly below the daily pivot and has traded lower over the course of the day to below the S1 support level at 1.60763.

Daily Pivot Point: 1.61119
— S1 – 1.60762
— S2 – 1.60449
— S3 – 1.60092
— R1 – 1.61432
— R2 – 1.61789
— R3 – 1.62102

Weekly Pivot Points: GBPUSD

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on a bearish path so far  this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 1.60339
— S1 – 1.59341
— S2 – 1.57534
— S3 – 1.56536
— R1 – 1.62146
— R2 – 1.63144
— R3 – 1.64951

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.

2013.11.19 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 0.91366 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today virtually at the same level as the daily pivot and has trended higher as the day has progressed.

Daily Pivot Point: 0.91276
— S1 – 0.90941
— S2 – 0.90612
— S3 – 0.90277
— R1 – 0.91605
— R2 – 0.91940
— R3 – 0.92269

Weekly Pivot Points: USDCHF

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

2013.11.19 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 99.883 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today below the daily pivot, traded lower near 99.50 and now the bulls are  fighting back to bring the pair possibly towards the 100 level.

Daily Pivot Point: 100.046
— S1 – 99.710
— S2 – 99.446
— S3 – 99.110
— R1 – 100.310
— R2 – 100.646
— R3 – 100.910

Weekly Pivot Points: USDJPY

Prices are currently trading over the weekly pivot point at time of writing. The USDJPY has been on a bearish pace so far this week (falling below 100 major level) 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.

2013.11.19 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 under the daily pivot point at the 1.34978 price level, according to data at 6:30 AM ET. The pair opened the Asian trading session earlier today slightly below the daily pivot and has traded lower over the course of the day with the pair finding resistance at the R1 level above.

Daily Pivot Point: 1.35066
— S1 – 1.34720
— S2 – 1.34393
— S3 – 1.34047
— R1 – 1.35393
— R2 – 1.35739
— R3 – 1.36066

Weekly Pivot Points: EURUSD

Prices are currently trading over the weekly pivot point and residing at the major 1.3500 level at time of writing. The EURUSD has been on a bullish pace this week after opening the trading week higher than the weekly pivot at 1.34479.

Weekly Pivot Point: 1.34479
— S1 – 1.33907
— S2 – 1.32871
— S3 – 1.32299
— R1 – 1.35515
— R2 – 1.36087
— R3 – 1.37123

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