Month: January 2014

Sacyr, the Spanish building company leading a consortium expanding the Panama Canal, said on Friday it was making progress in negotiations with the waterway’s operator over financing to avoid a damaging work stoppage on the massive project. Visiting Panama, Sacyr Chairman Manuel Manrique played down an acrimonious spat over cost overruns, in which the consortium demanded more money from the canal administrator to continue work. The canal authority and consortium have both floated financing proposals, but it was not immediately clear how they would ensure cash-flow in the short term to keep the project going.

Twitter’s first earnings report as a public company, due on Wednesday, February 5 after the close, is gonna be big. Twitter is the biggest, brightest shining star in the red-hot social media sector, which, of course, itself sits in one heck of a tech bull market. On its first day of trading on November 7, 2013, Twitter opened at $45.10, before hitting an insane $74.73 in December. After enduring a few analyst downgrades that knocked out some of the froth, it’s trading at about $60, still a good 131% above the $26 IPO price, and 33% above the opening tick.

2014.01.09 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 1.64552 price level and over the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.64780 while the low of day reached to 1.64402. The pair earlier today opened the Asian trading session above the daily pivot and has trended higher over the course of the day.

Daily Pivot Point: 1.64312
— S1 – 1.63917
— S2 – 1.63362
— S3 – 1.62967
— R1 – 1.64867
— R2 – 1.65262
— R3 – 1.65817

Weekly Pivot Points: GBPUSD

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

Weekly Pivot Point: 1.64709
— S1 – 1.63392
— S2 – 1.62625
— S3 – 1.61308
— R1 – 1.65476
— R2 – 1.66793
— R3 – 1.67560

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.

2014.01.09 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 1.36029 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

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

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.

2014.01.09 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 0.90939 price level and under the daily pivot point, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.91226 while the low of day reached to 0.90734. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower to the S1 support level as the day has progressed.

Daily Pivot Point: 0.91040
— S1 – 0.90819
— S2 – 0.90534
— S3 – 0.90313
— R1 – 0.91325
— R2 – 0.91546
— R3 – 0.91831

Weekly Pivot Points: USDCHF

Prices are currently trading over the weekly pivot point after opening the trading week above the weekly pivot. The USDCHF has been on an overall bullish trend this week with prices finding resistance today at the R1 level.

Weekly Pivot Point: 0.89876
— S1 – 0.89185
— S2 – 0.87897
— S3 – 0.87206
— R1 – 0.91164
— R2 – 0.91855
— R3 – 0.93143

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.

2014.01.09 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 104.915 price level and over the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 105.050 while the low of day reached to 104.733. The pair earlier today opened the Asian trading session slightly below the daily pivot and has trended modestly higher over the course of the day.

Daily Pivot Point: 104.841
— S1 – 104.566
— S2 – 104.300
— S3 – 104.025
— R1 – 105.107
— R2 – 105.382
— R3 – 105.648

Weekly Pivot Points: USDJPY

Prices are currently trading above the weekly pivot point at time of writing. The USDJPY has been on an overall bullish trend this week after opening the trading week just a touch above the weekly pivot and falling down to the S1 level before staging a bullish turnaround.

Weekly Pivot Point: 104.778
— S1 – 104.125
— S2 – 103.413
— S3 – 102.760
— R1 – 105.490
— R2 – 106.143
— R3 – 106.855

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.

New York state Governor Andrew Cuomo gave a wide-ranging election-year speech in his annual address on Wednesday, pressing signature issues such as cutting taxes, revitalizing worn infrastructure and boosting the upstate economy. Cuomo, a Democrat who is up for re-election in November, delivered his hour-long speech to an enthusiastic audience in the state capital of Albany. The governor, regarded by some analysts as a possible presidential hopeful for the Democrats, was keen to stress his credentials as a strong fiscal manager, projecting a budget surplus of $2 billion in fiscal year 2016-2017 compared with a deficit of $10 billion when he took office three years ago.

If you choose your travel plans carefully, you can make room for a standby flight without completely ruining your travel arrangements. This might not make sense every time you travel, but if there is a little wiggle room in your plans, then it could be a good way to save some money.

2014.01.08 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 under the daily pivot point at the 1.35856 price level, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.36346 while the low of day reached to 1.35792. The pair earlier today opened the Asian trading session slightly below the daily pivot and initially found buying support although prices turned around and trended lower to S1 support level as the day has progressed.

Daily Pivot Point: 1.36220
— S1 – 1.35883
— S2 – 1.35622
— S3 – 1.35285
— R1 – 1.36481
— R2 – 1.36818
— R3 – 1.37079

Weekly Pivot Points: EURUSD

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.

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

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.

2014.01.08 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 above the daily pivot point at the 104.732 price level, according to data at 6:30 AM ET. The USDJPY high for the day has been 105.115 while the low of day reached to 104.574. The pair earlier today opened the Asian trading session above the daily pivot and trended higher to the R2 level where resistance was met and pushed the pair back under R1 and at the 104.73 area.

Daily Pivot Point: 104.486
— S1 – 104.249
— S2 – 103.924
— S3 – 103.687
— R1 – 104.811
— R2 – 105.048
— R3 – 105.373

Weekly Pivot Points: USDJPY

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

Weekly Pivot Point: 104.778
— S1 – 104.125
— S2 – 103.413
— S3 – 102.760
— R1 – 105.490
— R2 – 106.143
— R3 – 106.855

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.