2013.11.06 14:00 7:00AM ET | USDCHF Currency Pair
Here are the current Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair. Price action is currently trading under the daily pivot point at the 0.91188 price level, according to data at 7:00 AM ET. The pair opened the Asian trading session earlier today above the daily pivot and has traded lower with support being found at the S1 support level twice.
Daily Pivot Point: 0.91249
— S1 – 0.91033
— S2 – 0.90720
— S3 – 0.90504
— R1 – 0.91562
— R2 – 0.91778
— R3 – 0.92091
Weekly Pivot Points: USDCHF
Prices are currently trading over the weekly pivot point at time of writing. The USDCHF has been on a sideways path this week after opening the trading week above the weekly pivot.
Weekly Pivot Point: 0.90591
— S1 – 0.89814
— S2 – 0.88424
— S3 – 0.87647
— R1 – 0.91981
— R2 – 0.92758
— R3 – 0.94148
USDCHF Trends & Fibonacci Retracement Levels
The USDCHF currency pair has been on the decline in forex market trading today with the USDCHF registering a high of 0.91383 and a low of 0.91030 over the past day. Trends data shows the pair is currently in a short-term uptrend (topping?) as prices are trading over 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 downtrend.
USDCHF Trends Data: Linear Regression Indicator
10-day current trend is BULLISH / Trend strength of 276.1 pips
30-day current trend is BEARISH / Trend strength of -29.1 pips
60-day current trend is BEARISH / Trend strength of -343.0 pips
90-day current trend is BEARISH / Trend strength of -510.3 pips
180-day current trend is BEARISH / Trend strength of -438.6 pips
Fibonacci Retracement Levels & Targets
— 0.000 – 0.88893
— 0.236 – 0.90925
— 0.382 – 0.92182
— 0.500 – 0.93199
— 0.618 – 0.94215
— 0.764 – 0.95472
— 1.000 – 0.97504
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.
