Author: FX_Trdr

2014.02.21 13:30 6:30AM ET | GBPUSD Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading at the 1.66749 price level and over the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.66879 while the low of day has reached to 1.66104. The pair earlier today opened the Asian trading session a touch below the daily pivot and has trended modestly higher so far on the last trading day of the week.

Daily Pivot Point: 1.66574
— S1 – 1.66159
— S2 – 1.65823
— S3 – 1.65408
— R1 – 1.66910
— R2 – 1.67325
— R3 – 1.67661

Weekly Pivot Points: GBPUSD

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on an overall bearish trend this week after opening the trading week well above the weekly pivot and has found support at the main pivot point.

Weekly Pivot Point: 1.66278
— S1 – 1.65008
— S2 – 1.62549
— S3 – 1.61279
— R1 – 1.68737
— R2 – 1.70007
— R3 – 1.72466

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.

Work on the multibillion-dollar Panama Canal expansion was set to restart on Thursday after a partial agreement between the canal authorities and a Spanish-led consortium, raising hopes for the program after a two-week hiatus due to a row over costs. An agreement announced late on Wednesday allows work to restart while the two sides continue talks on how the project is financed through to completion, a process which they have given themselves 72 hours to complete. The dispute between the GUPC consortium led by Spanish builder Sacyr and the Panama Canal Authority had threatened delays that could cost Panama millions of dollars in lost shipping tolls, as well as being a setback for companies worldwide that want to move larger ships through the waterway that links the U.S. Gulf Coast to Asian markets.

2014.02.20 13:30 6:30AM ET | USDJPY Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading at the 101.961 price level and under the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.401 while the low of day has been reached at 101.659. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower so far today with prices trading just above the S1 support level.

Daily Pivot Point: 102.198
— S1 – 101.937
— S2 – 101.580
— S3 – 101.319
— R1 – 102.555
— R2 – 102.816
— R3 – 103.173

Weekly Pivot Points: USDJPY

Prices are currently trading just under the weekly pivot point at time of writing. The USDJPY has been on an overall bullish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 102.012
— S1 – 101.330
— S2 – 100.880
— S3 – 100.198
— R1 – 102.462
— R2 – 103.144
— R3 – 103.594

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.

2014.02.20 13:30 6:30AM ET | EURUSD Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Price action is currently trading at the 1.36917 price level and under the daily pivot point, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.37621 while the low of day has reached to 1.36850. The pair earlier today opened the Asian trading session slightly below the daily pivot, saw bullish action to the R1 level and then has trended sharply lower with prices falling to the S2 support area at time of writing.

Daily Pivot Point: 1.37428
— S1 – 1.37131
— S2 – 1.36937
— S3 – 1.36640
— R1 – 1.37622
— R2 – 1.37919
— R3 – 1.38113

Weekly Pivot Points: EURUSD

Prices are currently trading over the weekly pivot point at time of writing. The EURUSD has been on an overall sideways to slightly bearish trend this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 1.36555
— S1 – 1.35969
— S2 – 1.35028
— S3 – 1.34442
— R1 – 1.37496
— R2 – 1.38082
— R3 – 1.39023

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.

2014.02.20 13:30 6:30AM ET | GBPUSD Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading at the 1.66551 price level and under the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.66942 while the low of day has reached to 1.66343. The pair earlier today opened the Asian trading session a few pips below the daily pivot and has trended lower after finding resistance around the pivot area.

Daily Pivot Point: 1.66821
— S1 – 1.66316
— S2 – 1.65853
— S3 – 1.65348
— R1 – 1.67284
— R2 – 1.67789
— R3 – 1.68252

Weekly Pivot Points: GBPUSD

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on an overall bearish trend this week after opening the trading week well above the weekly pivot.

Weekly Pivot Point: 1.66278
— S1 – 1.65008
— S2 – 1.62549
— S3 – 1.61279
— R1 – 1.68737
— R2 – 1.70007
— R3 – 1.72466

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.

Comcast’s proposed merger with Time Warner Cable will boost the cable industry’s profit potential. That’s because the deal, if it is approved will tweak each of the five forces that drive profitability in the industry that HBS professor Michael Porter first identified. And those tweaks will enhance Comcast’s long-term cash flows.

Ireland is the first euro zone country to emerge from a bailout brought on by unsustainable debt, but the long slog of cutting back what it owes is only just starting for its 4.6 million austerity-hit people. Finance Minister, Michael Noonan, said conditions in Ireland were bad. How its succeeds or fails in this will be a guide to how easily other heavily indebted states such as Portugal and Greece will be able to ease up on austerity as they strive to escape from their own bailout programs. Growth has returned in Ireland. Unemployment is falling and Irish debt is attracting bumper demand. But the recovery remains fragile, exposed to shocks elsewhere and needing more money to be taken from the economy this year to complete rebalancing.

2014.02.19 13:30 6:30AM ET | USDCHF Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading at the 0.8885 price level and under the daily pivot point, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.8888 while the low of the day has reached to 0.8866. The pair earlier today opened the Asian trading session below the daily pivot and has trended modestly higher so far today with prices coming back towards the main pivot.

Daily Pivot Point: 0.88914
— S1 – 0.88550
— S2 – 0.88316
— S3 – 0.87952
— R1 – 0.89148
— R2 – 0.89512
— R3 – 0.89746

Weekly Pivot Points: USDCHF

Prices are currently trading well under the weekly pivot point and just above the S1 support area. The USDCHF has been on an overall bearish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 0.89533
— S1 – 0.88696
— S2 – 0.88183
— S3 – 0.87346
— R1 – 0.90046
— R2 – 0.90883
— R3 – 0.91396

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.

2014.02.19 13:30 6:30AM ET | USDJPY Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading at the 102.032 price level and under the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.406 while the low of day has been reached at 102.010. The pair earlier today opened the Asian trading session above the daily pivot and has trended steadily lower so far today.

Daily Pivot Point: 102.276
— S1 – 101.820
— S2 – 101.294
— S3 – 100.838
— R1 – 102.802
— R2 – 103.258
— R3 – 103.784

Weekly Pivot Points: USDJPY

Prices are currently trading virtually on top of the weekly pivot point at time of writing. The USDJPY has been on an overall bullish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 102.012
— S1 – 101.330
— S2 – 100.880
— S3 – 100.198
— R1 – 102.462
— R2 – 103.144
— R3 – 103.594

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.

2014.02.19 13:30 6:30AM ET | GBPUSD Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading at the 1.66669 price level and under the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.6732 while the low of day has reached to 1.6658. The pair earlier today opened the Asian trading session slightly below the daily pivot and trended higher with selling resistance being found at the R1 resistance level of 1.6729 which pushed the pair back below the pivot.

Daily Pivot Point: 1.66917
— S1 – 1.66432
— S2 – 1.66051
— S3 – 1.65566
— R1 – 1.67298
— R2 – 1.67783
— R3 – 1.68164

Weekly Pivot Points: GBPUSD

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on an overall bearish trend this week after opening the trading week high above the weekly pivot.

Weekly Pivot Point: 1.66278
— S1 – 1.65008
— S2 – 1.62549
— S3 – 1.61279
— R1 – 1.68737
— R2 – 1.70007
— R3 – 1.72466

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.