Author: FX_Trdr

The Panama Canal and a Spanish-led construction consortium expanding the major global waterway discussed options to keep the multibillion-dollar project afloat amid a dispute over costs, but any deal seemed unlikely ahead of a looming deadline. The disagreement between the two parties over $1.6 billion in cost-overruns and how to maintain financing has already halted work on the project for two weeks and has delayed its projected completion until at least December 2015. Delays could cost Panama millions of dollars in lost shipping tolls and are a setback for companies worldwide that are eager to move larger ships through the canal, including liquefied natural gas producers that want to ship from the U.S. Gulf Coast to Asian markets.

AskMen took a trip to Breckenridge, Colorado to spend a day with Tim Thiessen, Dogsled Guide and Professional Dog Racer and learn the ins and outs of what is involved with all things dog sledding. We’re thinking this should definitely be one of the next Winter Olympic sports.

If you are the sort to base your personal finance decisions on the boasts contained in Bow Wow lyrics, you may have considered upgrading to the recently launched Visa Black Card. At first glance, it could seem like an appealing signifier of a certain kind of financial prowess — the card itself, for instance, is made of stainless steel. While this may solve your issues with credit card rust (très déclassé), the card itself is gaining a reputation as something of a joke. Modeled after American Express’ Centurion card — a product only available to those with over 16.3 million in assets — Visa’s Black Card has apparently been created to impress people who don’t know the difference. Offering fewer rewards than a comparable AmEx Platinum, and commanding a hefty $495 annual fee, the Visa Black signifies status anxiety rather than wealth, and should be avoided.

2014.02.18 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 1.37326 price level and over the daily pivot point, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.37338 while the low of day has reached to 1.36941. The pair earlier today opened the Asian trading session slightly below the daily pivot and has trended higher to over the R1 resistance level so far today.

Daily Pivot Point: 1.37068
— S1 – 1.36900
— S2 – 1.36743
— S3 – 1.36575
— R1 – 1.37225
— R2 – 1.37393
— R3 – 1.37550

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 bullish trend early 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.

2014.02.18 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 0.88986 price level and under the daily pivot point, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.89279 while the low of day has reached to 0.88945. The pair earlier today opened the Asian trading session virtually on top of the daily pivot, saw some early bullish action and then trended sharply lower to the S1 support level.

Daily Pivot Point: 0.89122
— S1 – 0.88991
— S2 – 0.88864
— S3 – 0.88733
— R1 – 0.89249
— R2 – 0.89380
— R3 – 0.89507

Weekly Pivot Points: USDCHF

Prices are currently trading under the weekly pivot point at time of writing. The USDCHF has been on an overall sideways to slightly bearish trend early 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.

2014.02.18 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 1.67023 price level and under the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.67403 while the low of day has fallen to 1.66537. The pair earlier today opened the Asian trading session below the daily pivot, hit resistance near the main pivot and trended lower to the S1 support level.

Daily Pivot Point: 1.67430
— S1 – 1.66642
— S2 – 1.66160
— S3 – 1.65372
— R1 – 1.67912
— R2 – 1.68700
— R3 – 1.69182

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 early this week after opening the trading week 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.

2014.02.18 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 102.414 price level and over the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.733 while the low of day has reached to 101.751. The pair earlier today opened the Asian trading session above the daily pivot and trended sharply higher to the R3 level before retreating back to the R2 resistance level.

Daily Pivot Point: 101.753
— S1 – 101.527
— S2 – 101.151
— S3 – 100.925
— R1 – 102.129
— R2 – 102.355
— R3 – 102.731

Weekly Pivot Points: USDJPY

Prices are currently trading over the weekly pivot point and just below the weekly R1 level at time of writing. The USDJPY has been on an overall bullish trend early 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.

Prime Minister Benjamin Netanyahu voiced confidence on Monday that world demand for Israeli high technology will enable his country to outflank pro-Palestinian groups advocating its economic boycott. “I think it’s important that the boycotters must be exposed for what they are – they’re classical anti-Semites in modern garb. And I think we have to fight them,” Netanyahu said in a speech to a conference of U.S. Jewish leaders. He was referring to the Boycott, Divestment and Sanctions movement, sponsored by pro-Palestinian intellectuals and bloggers, which campaigns for a blanket boycott of all Israeli goods and questions Israel’s legitimacy. But Netanyahu, citing in particular Israel’s cybersecurity industry, said the heads of international high-tech companies he has met “all want the same three things: Israeli technology, Israeli technology and Israeli technology”.

The chairman of euro zone finance ministers Jeroen Dijsselbloem said on Monday, that a mission of international lenders will return to Greece later this week to review progress made in delivering on the country’s reforms that are key for further loans. the International Monetary Fund, the European Commission and the European Central Bank, interrupted a visit to Athens last year because there was no progress in discussions with Greek authorities. This has held up disbursements of loans due since September 2013.

Chairman of euro zone finance ministers, Jeroen Dijsselbloem said on Monday that a mission of international lenders will return to Greece later this week to review progress made in delivering on the country’s reforms that are key for further loans. International lenders — the International Monetary Fund, the European Commission and the European Central Bank, interrupted a visit to Athens last year because there was no progress in discussions with Greek authorities. This has held up disbursements of loans due since September 2013.