USDCHF Forex Trading Pivot Points & Trend Levels for 2013.11.07

2013.11.07 14:00 7:00AM ET | USDCHF Currency Pair

Here are today’s current Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair. Price action is currently trading over the daily pivot point at the 0.91247 price level, according to data at 7:00 AM ET. The pair opened the Asian trading session earlier today right at the daily pivot and trended lower early then has turned higher over the course of the day.

SC USDCHF 2013.11.07

Daily Pivot Point: 0.91185
— S1 – 0.90987
— S2 – 0.90772
— S3 – 0.90574
— R1 – 0.91400
— R2 – 0.91598
— R3 – 0.91813


Weekly Pivot Points: USDCHF

Prices are currently trading over the weekly pivot point at time of writing. The USDCHF has continued on a sideways path so far this week after opening the trading week above the weekly pivot.

SC USDCHF 2013.11.07

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 rising in forex market trading today with the USDCHF registering a high of 0.91320 and a low of 0.91080 on the day. Trend data shows the pair is currently in a short-term uptrend as prices are trading higher than 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 with prices between the 1st and 2nd channels.

SC USDCHF 2013.11.07


USDCHF Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 268.1 pips
30-day current trend is BEARISH / Trend strength of -5.2 pips
60-day current trend is BEARISH / Trend strength of -325.0 pips
90-day current trend is BEARISH / Trend strength of -501.2 pips
180-day current trend is BEARISH / Trend strength of -446.4 pips

Fibonacci Retracement Levels

— 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

 

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