EURUSD Forex Trading Pivot Point Levels & Trends for 2013.11.06

2013.11.06 14:00 7:00AM 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 over the daily pivot point at the 1.35074 price level, according to data at 7:00 AM ET. The pair opened the Asian trading session earlier today below the daily pivot and has trended higher over the course of the day and finding resistance at the R1 level.

forex euro EURUSD 2013.11.06

Daily Pivot Point: 1.34811
— S1 – 1.34406
— S2 – 1.34077
— S3 – 1.33672
— R1 – 1.35140
— R2 – 1.35545
— R3 – 1.35874


Weekly Pivot Points: EURUSD

Prices are currently trading under the weekly pivot point at time of writing. The EURUSD has been trading sideways this week after opening the trading week below the weekly pivot.

SC EURUSD 2013.11.06

Weekly Pivot Point: 1.35941
— S1 – 1.33711
— S2 – 1.32565
— S3 – 1.30335
— R1 – 1.37087
— R2 – 1.39317
— R3 – 1.40463


Monthly Pivot Point: 1.36305
— S1 – 1.34295
— S2 – 1.32711
— S3 – 1.30701
— R1 – 1.37889
— R2 – 1.39899
— R3 – 1.41483


EURUSD Trends & Fibonacci Retracement Levels

The EURUSD currency pair has been rising in forex market trading today with the EURUSD registering a high of 1.35317 and a low of 1.34670 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 Channel, the pair continues to be in an uptrend although prices have deviated to the outer channel at the moment.

SC EURUSD 2013.11.06


EURUSD Trends Data: Linear Regression Indicator

10-day current trend is BEARISH / Trend strength of -427.0 pips
30-day current trend is BULLISH / Trend strength of 128.5 pips
60-day current trend is BULLISH / Trend strength of 476.1 pips
90-day current trend is BULLISH / Trend strength of 676.8 pips
180-day current trend is BULLISH / Trend strength of 713.7 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

 

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