British Pound continues to trend higher vs US Dollar in Forex Trading

2014.01.23 13:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.01.23

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 1.66015 price level and higher than the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.66151 while the low of day has reached to 1.65558. The pair earlier today opened the Asian trading session above the daily pivot and has continued to trend higher over the course of the day.

Daily Pivot Point: 1.65361
— S1 – 1.64859
— S2 – 1.63992
— S3 – 1.63490
— R1 – 1.66228
— R2 – 1.66730
— R3 – 1.67597


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.01.23

Prices are currently trading over the weekly pivot point and finding resistance at the R2 resistance level at time of writing. The GBPUSD has been on an overall bullish trend this week after opening the trading week virtually on top of the weekly pivot.

Weekly Pivot Point: 1.64123
— S1 – 1.63177
— S2 – 1.62135
— S3 – 1.61189
— R1 – 1.65165
— R2 – 1.66111
— R3 – 1.67153


By CountingPips.comForex 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.

 

 

USDCHF takes bearish turn today bringing weekly trend down in Forex

2014.01.23 13:30 6:30AM ET | USDCHF Currency Pair

SC USDCHF 2014.01.23

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading sharply under the daily pivot point at the 0.90314 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.91330 while the low of day has reached to 0.90181. The pair earlier today opened the Asian trading session above the daily pivot and has trended sharply lower to below the S3 support level.

Daily Pivot Point: 0.91077
— S1 – 0.90938
— S2 – 0.90736
— S3 – 0.90597
— R1 – 0.91279
— R2 – 0.91418
— R3 – 0.91620


Weekly Pivot Points: USDCHF

SC USDCHF 2014.01.23

Prices are currently trading under the weekly pivot point at time of writing. The USDCHF is now on an overall bearish trend this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 0.90661
— S1 – 0.90130
— S2 – 0.89322
— S3 – 0.88791
— R1 – 0.91469
— R2 – 0.92000
— R3 – 0.92808


By CountingPips.comForex 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.

 

 

VIDEO: Google Nest Acquisition – Google Is Going Hardware

Nest marks yet another purchase into emerging fields of hardware. They recently acquired Motorola and Boston Dynamics, the company responsible for the incredibly creepy and incredibly life-like robots which saw which saw funding and oversight by the US Department of Defense. Google is clearly trying to claim a big stake in the smart future of the physical world, and we imagine that all of these purchases play a part in that journey. We have no idea what Google’s plan is to do with humanoid robots and smart thermostats, but the prospects are almost as exciting as they are terrifying. As long as this doesn’t mean we need a Google+ account to adjust the temperature on our thermostats, we’re okay with it for now. Google plans to be pretty hands off with Nest as a company for the foreseeable future, so we’re curious to see what else they come up with.

GBPUSD jumps in Forex Trading as UK unemployment rate falls to 7.1%

2014.01.22 13:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.01.22

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading sharply over the daily pivot point at the 1.65485 price level, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.65507 while the low of day has reached to 1.64495. The pair earlier today opened the Asian trading session modestly above the daily pivot and has spiked higher to above the R2 resistance level on the news of better than expected employment data. The UK unemployment rate fell to 7.1% from 7.4% previously and beat the market expectations of a dip to the rate of 7.3% unemployment.

Daily Pivot Point: 1.64527
— S1 – 1.64207
— S2 – 1.63662
— S3 – 1.63342
— R1 – 1.65072
— R2 – 1.65392
— R3 – 1.65937


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.01.22

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

Weekly Pivot Point: 1.64123
— S1 – 1.63177
— S2 – 1.62135
— S3 – 1.61189
— R1 – 1.65165
— R2 – 1.66111
— R3 – 1.67153


By CountingPips.comForex 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.

 

 

EURUSD finds resistance at 1.3575 area today in Forex Pivot Point Trading

2014.01.22 13:30 6:30AM ET | EURUSD Currency Pair

SC EURUSD 2014.01.22

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 1.35526 price level and just over the daily pivot point, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.35796 while the low of day has reached to 1.35338. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower over the course of the day.

Daily Pivot Point: 1.35479
— S1 – 1.35277
— S2 – 1.34954
— S3 – 1.34752
— R1 – 1.35802
— R2 – 1.36004
— R3 – 1.36327


Weekly Pivot Points: EURUSD

SC EURUSD 2014.01.22

Prices are currently trading under the weekly pivot point at time of writing. The EURUSD has been on an overall sideways trend this week after opening the trading week below the weekly pivot and the pair has found resistance this week at the 1.3575 area.

Weekly Pivot Point: 1.35847
— S1 – 1.34708
— S2 – 1.34023
— S3 – 1.32884
— R1 – 1.36532
— R2 – 1.37671
— R3 – 1.38356


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.

 

 

USDCHF dips below the daily pivot point today in forex trading

2014.01.22 13:30 6:30AM ET | USDCHF Currency Pair

SC USDCHF 2014.01.22

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading under the daily pivot point at the 0.91045 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.91215 while the low of day has reached to 0.90924. The pair earlier today opened the Asian trading session below the daily pivot and trended higher to above the main pivot before finding resistance selling.

Daily Pivot Point: 0.91126
— S1 – 0.90696
— S2 – 0.90407
— S3 – 0.89977
— R1 – 0.91415
— R2 – 0.91845
— R3 – 0.92134


Weekly Pivot Points: USDCHF

SC USDCHF 2014.01.22

Prices are currently trading over the weekly pivot point at time of writing. The USDCHF has been on an overall sideways trend this week after opening the trading week higher than the weekly pivot.

Weekly Pivot Point: 0.90661
— S1 – 0.90130
— S2 – 0.89322
— S3 – 0.88791
— R1 – 0.91469
— R2 – 0.92000
— R3 – 0.92808


By CountingPips.comForex 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.

 

 

USDJPY trades around the daily Pivot Point in forex market this morning

2014.01.22 13:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.01.22

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 104.339 price level and virtually on top of the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 104.562 while the low of day has reached to 103.962. The pair earlier today opened the Asian trading session slightly below the daily pivot and has trended sideways overall after bursts lower and then higher earlier in the day.

Daily Pivot Point: 104.346
— S1 – 103.955
— S2 – 103.623
— S3 – 103.232
— R1 – 104.678
— R2 – 105.069
— R3 – 105.401


Weekly Pivot Points: USDJPY

SC USDJPY 2014.01.22

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

Weekly Pivot Point: 104.015
— S1 – 103.116
— S2 – 101.948
— S3 – 101.049
— R1 – 105.183
— R2 – 106.082
— R3 – 107.250


By CountingPips.comForex 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.

 

USDCHF Forex Trading Pivot Point Levels for 2014.01.21

2014.01.21 13:30 6:30AM ET | USDCHF Currency Pair

SC USDCHF 2014.01.21

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading over the daily pivot point at the 0.91369 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.91447 while the low of day reached to 0.90922. The pair earlier today opened the Asian trading session below the daily pivot and has trended higher with prices approaching the R2 resistance level at 0.9149.

Daily Pivot Point: 0.91059
— S1 – 0.90803
— S2 – 0.90627
— S3 – 0.90371
— R1 – 0.91235
— R2 – 0.91491
— R3 – 0.91667


Weekly Pivot Points: USDCHF

SC USDCHF 2014.01.21

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

Weekly Pivot Point: 0.90661
— S1 – 0.90130
— S2 – 0.89322
— S3 – 0.88791
— R1 – 0.91469
— R2 – 0.92000
— R3 – 0.92808


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.

 

 

USDJPY Forex Trading Pivot Point Levels for 2014.01.21

2014.01.21 13:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.01.21

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading over the daily pivot point at the 104.707 price level, according to data at 6:30 AM ET. The USDJPY high for the day has been 104.738 while the low of day reached to 104.142. The pair earlier today opened the Asian trading session slightly above the daily pivot and has trended sharply higher over the course of the day to above the R2 level.

Daily Pivot Point: 104.108
— S1 – 103.906
— S2 – 103.651
— S3 – 103.449
— R1 – 104.363
— R2 – 104.565
— R3 – 104.820


Weekly Pivot Points: USDJPY

SC USDJPY 2014.01.21

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

Weekly Pivot Point: 104.015
— S1 – 103.116
— S2 – 101.948
— S3 – 101.049
— R1 – 105.183
— R2 – 106.082
— R3 – 107.250


By CountingPips.comForex 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.