FOREX: EURUSD range trading between 1.3650 and 1.3550 so far this week

2014.01.09 13:30 6:30AM ET | EURUSD Currency Pair

SC EURUSD 2014.01.09

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 1.36029 price level and over the daily pivot point, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.36211 while the low of day reached to 1.35660. The pair earlier today opened the Asian trading session below the daily pivot and has trended higher over the course of the day with the high point coinciding with the R1 resistance level.

Daily Pivot Point: 1.35873
— S1 – 1.35400
— S2 – 1.35054
— S3 – 1.34581
— R1 – 1.36219
— R2 – 1.36692
— R3 – 1.37038


Weekly Pivot Points: EURUSD range trading

SC EURUSD 2014.01.09

Prices are currently trading under the weekly pivot point at time of writing. The EURUSD has been on an overall almost sideways trend this week after opening the trading week below the weekly pivot. Prices have been capped in a range between 1.3650 and 1.3550 for most of the week and waiting for a catalyst to prompt a breakout.

Weekly Pivot Point: 1.36621
— S1 – 1.35059
— S2 – 1.34254
— S3 – 1.32692
— R1 – 1.37426
— R2 – 1.38988
— R3 – 1.39793


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