Month: November 2013

2013.11.13 | EURUSD Market Analysis

EURUSD Trends & Fibonacci Retracement Levels

The EURUSD currency pair has been showing a small decline in forex market trading today with the EURUSD registering a high of 1.34500 and a low of 1.34074 on the day. Trends data shows the pair is potentially crossing over into a short-term uptrend as prices are trading right on our favored short-term moving average. 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.

EURUSD Trends Data: Linear Regression Indicator

10-day current trend is BEARISH / Trend strength of -279.8 pips
30-day current trend is BEARISH / Trend strength of -128.3 pips
60-day current trend is BULLISH / Trend strength of 377.8 pips
90-day current trend is BULLISH / Trend strength of 521.5 pips
180-day current trend is BULLISH / Trend strength of 722.5 pips

Fibonacci Retracement Levels over last 100 Days

— 0.000 – 1.38316
— 0.236 – 1.35774
— 0.382 – 1.34201
— 0.500 – 1.32930
— 0.618 – 1.31659
— 0.764 – 1.30086
— 1.000 – 1.27544

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.

2013.11.13 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 over the daily pivot point at the 1.59549 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 spiked higher in today’s trading with prices reaching up to the major 1.6000 level.

Daily Pivot Point: 1.59158
— S1 – 1.58407
— S2 – 1.57784
— S3 – 1.57033
— R1 – 1.59781
— R2 – 1.60532
— R3 – 1.61155

Weekly Pivot Points: GBPUSD

Prices are currently trading under the weekly pivot point at time of writing. The GBPUSD has been on a mostly bearish pace this week after opening the trading week slightly below the weekly and monthly pivots.

Weekly Pivot Point: 1.60101
— S1 – 1.59035
— S2 – 1.57957
— S3 – 1.56891
— R1 – 1.61179
— R2 – 1.62245
— R3 – 1.63323

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.

2013.11.13 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 slightly under the daily pivot point at the 0.91813 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 higher over the course of the day and finding resistance at the pivot.

Daily Pivot Point: 0.91843
— S1 – 0.91434
— S2 – 0.91128
— S3 – 0.90719
— R1 – 0.92149
— R2 – 0.92558
— R3 – 0.92864

Weekly Pivot Points: USDCHF

Prices are currently trading just under the weekly pivot point at time of writing. The USDCHF has been on a moderately bearish pace this week after opening the trading week above the weekly and monthly pivots.

Weekly Pivot Point: 0.91860
— S1 – 0.91233
— S2 – 0.90273
— S3 – 0.89646
— R1 – 0.92820
— R2 – 0.93447
— R3 – 0.94407

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.

2013.11.13 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 slightly over the daily pivot point at the 99.533 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 traded lower over the course of the day to around the pivot level.

Daily Pivot Point: 99.503
— S1 – 99.217
— S2 – 98.810
— S3 – 98.524
— R1 – 99.910
— R2 – 100.196
— R3 – 100.603

Weekly Pivot Points: USDJPY

Prices are currently trading higher than the weekly pivot point at time of writing. The USDJPY has been on a bullish pace this week and has touched a high near the R1 level after opening the trading week above the weekly and monthly pivots.

Weekly Pivot Point: 98.721
— S1 – 98.040
— S2 – 96.929
— S3 – 96.248
— R1 – 99.832
— R2 – 100.513
— R3 – 101.624

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.

2013.11.13 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 just slightly under the daily pivot point at the 1.34150 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 fallen lower over the progress of the day.

Daily Pivot Point: 1.34162
— S1 – 1.33769
— S2 – 1.33189
— S3 – 1.32796
— R1 – 1.34742
— R2 – 1.35135
— R3 – 1.35715

Weekly Pivot Points: EURUSD

Prices are currently trading slightly over the weekly pivot point at time of writing. The EURUSD has been on a moderately bullish pace this week after opening the trading week below the weekly and monthly pivots.

Weekly Pivot Point: 1.34001
— S1 – 1.32535
— S2 – 1.31482
— S3 – 1.30016
— R1 – 1.35054
— R2 – 1.36520
— R3 – 1.37573

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.

U.S. municipal bonds issued by Chicago held up in light trading even as the city’s debt suffered another triple-notch ratings downgrade on mounting concerns about its public pension liabilities. Late on Friday, Fitch Ratings cut its credit rating on Chicago’s $8 billion of unlimited tax general obligation bonds to A-minus from AA-minus, citing the city’s lack of meaningful fixes for its underfunded city worker retirement system. In one of a handful of small Chicago debt trades on Monday, some of the city’s 30-year taxable bonds, due January 2040, opened lower at 92.6 cents on the dollar from 93.5 cents on Friday.

2013.11.12 | GBPUSD Market Analysis

GBPUSD Trends & Fibonacci Retracement Levels

The GBPUSD currency pair has been falling fast in forex market trading today with the GBPUSD registering a high of 1.59908 and a low of 1.58534 so far on the day. Trends data shows the pair is currently in a short-term downtrend as prices are trading under 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, this pair continues to be in an uptrend although with prices declining outside the channels, we have to watch for a possible change in trend.

GBPUSD Trends Data: Linear Regression Indicator

10-day current trend is BEARISH / Trend strength of -66.2 pips
30-day current trend is BEARISH / Trend strength of -95.0 pips
60-day current trend is BULLISH / Trend strength of 571.2 pips
90-day current trend is BULLISH / Trend strength of 1118.0 pips
180-day current trend is BULLISH / Trend strength of 1020.5 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.

2013.11.12 | USDJPY Market Analysis

USDJPY Trends & Fibonacci Retracement Levels

The USDJPY currency pair has been riding higher in forex market trading today with the USDJPY registering a high of 99.789 and a low of 99.096 so far on the day. Trends data shows the pair is currently in a short-term uptrend as prices are trading higher than our favored short-term moving average (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 slight downtrend and prices are currently heading for a collision with the 100 major price level.

USDJPY Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 116.3 pips
30-day current trend is BULLISH / Trend strength of 158.1 pips
60-day current trend is BEARISH / Trend strength of -52.0 pips
90-day current trend is BEARISH / Trend strength of -83.8 pips
180-day current trend is BULLISH / Trend strength of 156.7 pips

Fibonacci Retracement Levels over last 100 Days

— 0.000 – 101.524
— 0.236 – 100.173
— 0.382 – 99.337
— 0.500 – 98.661
— 0.618 – 97.985
— 0.764 – 97.149
— 1.000 – 95.798

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.

2013.11.12 | USDCHF Market Analysis

USDCHF Trends & Fibonacci Retracement Levels

The USDCHF currency pair has been rising in forex market trading over the past week. The USDCHF has registered a high of 0.92253 and a low of 0.91906 so far on the day. Trends data shows the pair is currently in a short-term uptrend (and perhaps topping out) as prices are trading over our favored short-term moving average. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels, the pair continues to be in an downtrend while with prices sustained outside the channels will threaten this overall trend.

USDCHF Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 245.8 pips
30-day current trend is BULLISH / Trend strength of 94.7 pips
60-day current trend is BEARISH / Trend strength of -272.4 pips
90-day current trend is BEARISH / Trend strength of -424.4 pips
180-day current trend is BEARISH / Trend strength of -450.1 pips

Fibonacci Retracement Levels over last 100 Days

— 0.000 – 0.88893
— 0.236 – 0.90925
— 0.382 – 0.92182
— 0.500 – 0.93199
— 0.618 – 0.94215
— 0.764 – 0.95472
— 1.000 – 0.97504

By CountingPips.com – Forex News & Forex Trading Apps

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.

2013.11.12 | EURUSD Market Analysis

EURUSD Trends & Fibonacci Retracement Levels

The EURUSD currency pair has been declining modestly in forex market trading today with the EURUSD registering a high of 1.34136 and a low of 1.33583 on the day. Trends data shows the pair is currently in a short-term downtrend as prices are trading under our favored short-term moving average. 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 and look for the 1.3400 level to act as important support/resistance going forward.

EURUSD Trends Data: Linear Regression Indicator

10-day current trend is BEARISH / Trend strength of -395.4 pips
30-day current trend is BEARISH / Trend strength of -92.9 pips
60-day current trend is BULLISH / Trend strength of 383.9 pips
90-day current trend is BULLISH / Trend strength of 556.6 pips
180-day current trend is BULLISH / Trend strength of 719.2 pips

Fibonacci Retracement Levels over last 100 Days

— 0.000 – 1.38316
— 0.236 – 1.35774
— 0.382 – 1.34201
— 0.500 – 1.32930
— 0.618 – 1.31659
— 0.764 – 1.30086
— 1.000 – 1.27544

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.