2013.11.07 14:00 7:00AM ET | EURUSD Currency Pair
Here are today’s current Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair. Price action is currently trading slightly under the daily pivot point at the 1.35055 price level, according to data at 7:00 AM ET. The pair opened the Asian trading session earlier today above the daily pivot and saw a bit of bullish action before turning lower and under the pivot.
Daily Pivot Point: 1.35086
— S1 – 1.34704
— S2 – 1.34288
— S3 – 1.33906
— R1 – 1.35502
— R2 – 1.35884
— R3 – 1.36300
Weekly Pivot Points: EURUSD
Prices are currently trading under the weekly pivot point at time of writing. The EURUSD has been on a mostly sideways path so far this week after opening the trading week below the weekly pivot.
Weekly Pivot Point: 1.35941
— S1 – 1.33711
— S2 – 1.32565
— S3 – 1.30335
— R1 – 1.37087
— R2 – 1.39317
— R3 – 1.40463
EURUSD Trends & Fibonacci Retracement Levels
The EURUSD currency pair has been falling in forex market trading today with the EURUSD registering a high of 1.35282 and a low of 1.35000 on the day. Trend data shows the pair is currently in a short-term downtrend (and consolidating around 1.3500) as prices are trading over/under our favored short-term moving average. Over the longer term trend, as seen on the chart by the 90 day Linear Regression Channels, the pair continues to be in an uptrend.
EURUSD Trends Data: Linear Regression Indicator
10-day current trend is BEARISH / Trend strength of -428.7 pips
30-day current trend is BULLISH / Trend strength of 95.1 pips
60-day current trend is BULLISH / Trend strength of 458.7 pips
90-day current trend is BULLISH / Trend strength of 662.3 pips
180-day current trend is BULLISH / Trend strength of 721.7 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
By CountingPips.com – Currency Trading Apps & 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.
