Month: February 2014

2014.02.07 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 102.104 price level and over the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.226 while the low of day has reached to 101.916. The pair earlier today opened the Asian trading session above the daily pivot and has trended mostly sideways so far today with the US nonfarm payrolls report due later in the morning.

Daily Pivot Point: 101.830
— S1 – 101.498
— S2 – 100.900
— S3 – 100.568
— R1 – 102.428
— R2 – 102.760
— R3 – 103.358

Weekly Pivot Points: USDJPY

Prices are currently trading under the weekly pivot point at time of writing. The USDJPY has been on an overall sideways trend this week after opening the trading week below the weekly pivot. Prices fell to under the S1 support level early this week before recovering later in the week.

Weekly Pivot Point: 102.390
— S1 – 101.344
— S2 – 100.709
— S3 – 99.663
— R1 – 103.025
— R2 – 104.071
— R3 – 104.706

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.

2014.02.07 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 just over the daily pivot point at the 0.90160 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.90212 while the low of day has reached to 0.90002. The pair earlier today opened the Asian trading session below the daily pivot and has trended slightly higher so far today.

Daily Pivot Point: 0.90127
— S1 – 0.89622
— S2 – 0.89167
— S3 – 0.88662
— R1 – 0.90582
— R2 – 0.91087
— R3 – 0.91542

Weekly Pivot Points: USDCHF

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

Weekly Pivot Point: 0.90234
— S1 – 0.89674
— S2 – 0.88751
— S3 – 0.88191
— R1 – 0.91157
— R2 – 0.91717
— R3 – 0.92640

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.

2014.02.07 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 over the daily pivot point at the 1.63431 price level, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.63576 while the low of day has reached to 1.63001. The pair earlier today opened the Asian trading session slightly above the daily pivot and has trended higher over the course of the day with more movement likely today as the important US jobs report is due later in the morning.

Daily Pivot Point: 1.63128
— S1 – 1.62782
— S2 – 1.62370
— S3 – 1.62024
— R1 – 1.63540
— R2 – 1.63886
— R3 – 1.64298

Weekly Pivot Points: GBPUSD

Prices are currently trading under the weekly pivot point on the last day of trading for the week. The GBPUSD has been on an overall bearish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 1.64948
— S1 – 1.63652
— S2 – 1.62963
— S3 – 1.61667
— R1 – 1.65637
— R2 – 1.66933
— R3 – 1.67622

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.

German Chancellor Angela Merkel threw her weight behind Luxembourg’s Jean-Claude Juncker on Thursday as the leading conservative candidate in May’s European Parliament elections, a potential springboard to head the European Commission. It was her first public endorsement of the veteran former prime minister and ex-chairman of euro zone finance ministers and it appeared to dim the prospects of French European Commissioner Michel Barnier, the only other declared candidate. As leader of Europe’s biggest economy and most powerful conservative party, Merkel wields strong influence in the center-right European People’s Party (EPP). “It is no secret that I have a lot of sympathy for Jean-Claude Juncker,” she said at a joint news conference with new Luxembourg Prime Minister Xavier Bettel, who ousted Juncker after a general election last October.

2014.02.06 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 1.35260 price level and under the daily pivot point, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.35390 while the low of day has reached to 1.35144. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower with the daily pivot acting as upper resistance.

Daily Pivot Point: 1.35285
— S1 – 1.35022
— S2 – 1.34720
— S3 – 1.34457
— R1 – 1.35587
— R2 – 1.35850
— R3 – 1.36152

Weekly Pivot Points: EURUSD

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

Weekly Pivot Point: 1.35594
— S1 – 1.34029
— S2 – 1.33217
— S3 – 1.31652
— R1 – 1.36406
— R2 – 1.37971
— R3 – 1.38783

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.

2014.02.06 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 101.497 price level and over the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 101.656 while the low of day has reached to 101.315. The pair earlier today opened the Asian trading session above the daily pivot and has trended mostly sideways so far today.

Daily Pivot Point: 101.330
— S1 – 100.903
— S2 – 100.366
— S3 – 99.939
— R1 – 101.867
— R2 – 102.294
— R3 – 102.831

Weekly Pivot Points: USDJPY

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

Weekly Pivot Point: 102.390
— S1 – 101.344
— S2 – 100.709
— S3 – 99.663
— R1 – 103.025
— R2 – 104.071
— R3 – 104.706

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.

2014.02.06 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 1.62913 price level and just slightly under the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.63281 while the low of day has reached to 1.62856. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower with prices falling below the 1.6300 level.

Daily Pivot Point: 1.62994
— S1 – 1.62588
— S2 – 1.62103
— S3 – 1.61697
— R1 – 1.63479
— R2 – 1.63885
— R3 – 1.64370

Weekly Pivot Points: GBPUSD

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

Weekly Pivot Point: 1.64948
— S1 – 1.63652
— S2 – 1.62963
— S3 – 1.61667
— R1 – 1.65637
— R2 – 1.66933
— R3 – 1.67622

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.

2014.02.06 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 over the daily pivot point at the 0.90355 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.90491 while the low of day has reached to 0.90296. The pair earlier today opened the Asian trading session slightly above the daily pivot and initially traded higher before coming back towards the daily pivot.

Daily Pivot Point: 0.90309
— S1 – 0.90060
— S2 – 0.89778
— S3 – 0.89529
— R1 – 0.90591
— R2 – 0.90840
— R3 – 0.91122

Weekly Pivot Points: USDCHF

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

Weekly Pivot Point: 0.90234
— S1 – 0.89674
— S2 – 0.88751
— S3 – 0.88191
— R1 – 0.91157
— R2 – 0.91717
— R3 – 0.92640

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.

The Spanish-led construction consortium leading the expansion of the Panama Canal says negotiations have broken down for how to finance a $1.6 billion cost overrun and is warning that 10,000 jobs are at risk as a result. Shares of Spanish firm Sacyr SA, which leads the consortium, plunged 6.4 percent Wednesday morning in Madrid. Shares of Italy’s Impreglio SpA construction firm, which is also in the consortium, fell 2.4 percent in Milan.

Revelations that prominent Germans have hoarded cash in secret bank accounts for years have prompted calls from Chancellor Angela Merkel’s Social Democrat coalition partners for a clampdown on tax dodging. Germany’s front pages have been dominated in recent days by public confessions from feminist activist Alice Schwarzer and Berlin city’s Culture Minister Andre Schmitz about tax evasion.