2014.06.23 | Forex Major Currency Pair Weekly Pivot Points
Weekly Pivot Points: EURUSD
Here are the current weekly Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Prices are currently trading slightly under the weekly pivot point (1.3584) at the beginning of the trading week. The EURUSD overcame a slow start last week finding support near the 1.3500 level to ascend above last week’s pivot with prices closing almost at the 1.3600 level.
Weekly Pivot Point: 1.35846
— S1 – 1.35267
— S2 – 1.34542
— S3 – 1.33963
— R1 – 1.36571
— R2 – 1.37150
— R3 – 1.37875
Weekly Pivot Points: GBPUSD
GBPUSD prices are currently trading over the weekly pivot point at the start of the trading week. The GBPUSD has been on a consistent bullish trend the past few weeks with the currency pair breaking above the major 1.7000 level.
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Weekly Pivot Point: 1.69975
— S1 – 1.69329
— S2 – 1.68527
— S3 – 1.67881
— R1 – 1.70777
— R2 – 1.71423
— R3 – 1.72225
Weekly Pivot Points: USDJPY
USDJPY prices are currently trading under the weekly pivot point at the beginning of the week. The USDJPY has been on a bearish trajectory the past few weeks with prices falling under the 102 exchange rate where this week’s pivot sits (102.03) and could present a important resistance level.
Weekly Pivot Point: 102.039
— S1 – 101.739
— S2 – 101.413
— S3 – 101.113
— R1 – 102.365
— R2 – 102.665
— R3 – 102.991
Weekly Pivot Points: USDCHF
USDCHF prices are currently trading just over the weekly pivot point at the beginning of this week. The USDCHF had been on a bearish trend last week with prices running into resistance around the 0.9000 area and falling to a low near the 0.8900 level.
Weekly Pivot Point: 0.89570
— S1 – 0.89018
— S2 – 0.88546
— S3 – 0.87994
— R1 – 0.90042
— R2 – 0.90594
— R3 – 0.91066
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