Gold Speculators decreased bullish positions from 1-year high in COT data

By CountingPips.com

Weekly CFTC Net Speculator Report

GOLD: Large futures market traders cut back on their overall bullish bets in gold futures last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Comex gold futures, traded by large speculators and hedge funds, totaled a net position of 117,317 contracts in the data reported for March 25th. This was a change of -19,497 contracts from the previous week’s total of 136,814 net contracts that was recorded on March 18th.

The previous week’s total, on March 18th, had been the highest level of gold net positions since February 5, 2013 when large speculator positions equaled 137,465 contracts.

Over the weekly reporting time-frame, from Tuesday March 18th to Tuesday March 25th, the gold price fell from approximately $1,359.00 to $1,311.00 per ounce, according to gold price data from the MarketWatch.

Last 6 Weeks of Large Trader Non-Commercial Positions

Date Open Interest Long Specs Short Specs Net Large Specs Weekly Change Gold Spot Price
02/18/2014 390535 164478 79847 84631 13430 1324.4
02/25/2014 387503 169870 60406 109464 24833 1342.7
03/4/2014 393266 171404 56238 115166 5702 1337.9
03/11/2014 415340 170482 51592 118890 3724 1346.7
03/18/2014 420626 183324 46510 136814 17924 1359
03/25/2014 398264 169083 51766 117317 -19497 1311

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article by CountingPips.comForex Trading Apps

 

 

Large Currency Speculators sharply reduced Canadian dollar bearish positions in latest COT data

By CountingPips.com

cot-standings

The latest data for the weekly Commitments of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and speculators sharply reduced their Canadian dollar bearish positions last week while large specs trimmed their euro positions that had reached their highest level since October the previous week.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, increased their bets for the Canadian dollar, British pound sterling, Australian dollar and the New Zealand dollar last week, according to the data through March 25th. Meanwhile, there was weekly declines for the euro, Japanese yen, Swiss franc and the Mexican peso net positions.

Canadian dollar large speculator positions were the biggest movers on the week with a change of +36,590 contracts to bring the overall net positions to -33,215 contracts. Net bearish CAD positions had marked their highest level on March 18th since a total of -70,327 positions were registered on January 21st. The weekly CAD data saw long positions rise by +12,690 contracts while the short positions declined by -23,900 contracts for a net change of +36,590 on the week.

Euro large speculator positions dipped last week to a net total of +39,634 contracts after rising to approximately a 5-month high of +52,991 contracts the previous week. The data showed that long euro positions fell by -10,905 contracts while short positions rose by +2,452 contracts for a net change of -13,357 for euro contracts on the week.

* All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the dollar will gain versus the euro. Please see charts and data below.




Charts: Large Speculators Weekly Positions vs Currency Spot Price

EuroFX:

eurofx

Last Six Weeks data for EuroFX futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/18/2014 291360 88634 80035 8599 15528
02/25/2014 296924 93003 79103 13900 5301
03/04/2014 304308 103868 80416 23452 9552
03/11/2014 322020 110103 73718 36385 12933
03/18/2014 264443 117819 64828 52991 16606
03/25/2014 262179 106914 67280 39634 -13357



British Pound Sterling:

gbp

Last Six Weeks data for Pound Sterling futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/18/2014 241471 76271 53948 22323 11651
02/25/2014 257037 74558 45756 28802 6479
03/04/2014 254013 71021 41416 29605 803
03/11/2014 250867 64553 42554 21999 -7606
03/18/2014 208961 64141 38605 25536 3537
03/25/2014 202115 66751 37027 29724 4188



Japanese Yen:

jpy

Last Six Weeks data for Yen Futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/18/2014 200057 16736 96520 -79784 -998
02/25/2014 203743 14727 99817 -85090 -5306
03/04/2014 205886 20407 100116 -79709 5381
03/11/2014 242170 15726 115082 -99356 -19647
03/18/2014 156922 24144 85243 -61099 38257
03/25/2014 158280 17600 86487 -68887 -7788



Swiss Franc:

chf

Last Six Weeks data for Franc futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/18/2014 51003 14188 17016 -2828 -3383
02/25/2014 55157 19396 19038 358 3186
03/04/2014 60532 21818 19650 2168 1810
03/11/2014 66889 23097 14140 8957 6789
03/18/2014 49391 25311 10195 15116 6159
03/25/2014 47353 25037 10218 14819 -297



Canadian Dollar:

cad

Last Six Weeks data for Canadian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/18/2014 154862 27756 92756 -65000 -6072
02/25/2014 141519 24865 83456 -58591 6409
03/04/2014 147033 23306 84402 -61096 -2505
03/11/2014 153639 25180 77371 -52191 8905
03/18/2014 186782 27751 97556 -69805 -17614
03/25/2014 133246 40441 73656 -33215 36590



Australian Dollar:

aud

Last Six Weeks data for Australian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/18/2014 103049 9439 53837 -44398 3005
02/25/2014 98643 10299 49290 -38991 5407
03/04/2014 105792 12262 53370 -41108 -2117
03/11/2014 122241 8627 49477 -40850 258
03/18/2014 81737 21577 46040 -24463 16387
03/25/2014 84232 24387 44914 -20527 3936



New Zealand Dollar:

nzd

Last Six Weeks data for New Zealand dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/18/2014 21516 15331 6425 8906 1265
02/25/2014 22142 16529 5547 10982 2076
03/04/2014 25616 19346 5914 13432 2450
03/11/2014 31905 21155 6706 14449 1017
03/18/2014 31463 24645 8894 15751 1302
03/25/2014 32748 26243 8030 18213 2462



Mexican Peso:

mxn

Last Six Weeks data for Mexican Peso futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/18/2014 131097 8094 31406 -23312 10628
02/25/2014 128542 9971 31540 -21569 1743
03/04/2014 126885 8230 28980 -20750 819
03/11/2014 166949 12739 20986 -8247 12503
03/18/2014 111057 19320 20590 -1270 6977
03/25/2014 115858 22769 24423 -1654 -384



*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

The Commitment of Traders report is published every Friday by the Commodity Futures Trading Commission (CFTC) and shows futures positions data that was reported as of the previous Tuesday (3 days behind).

Each currency contract is a quote for that currency directly against the U.S. dollar, a net short amount of contracts means that more speculators are betting that currency to fall against the dollar and a net long position expect that currency to rise versus the dollar.

(The graphs overlay the forex spot closing price of each Tuesday when COT trader positions are reported for each corresponding spot currency pair.)

See more information and explanation on the weekly COT report from the CFTC website.




Article by CountingPips.comForex Apps & News

US 10-Year Treasury Note Speculators added to bearish positions last week from 2-month low

By CountingPips.com

Weekly CFTC Net Speculator Report




10-year-note

Large Speculators bearish positions rise to a total of -61,765 contracts

10 Year Treasuries: Large futures market traders slightly increased their overall bearish bets in the 10-year treasury note futures last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of the 10-year treasury notes, primarily traded by large speculators and hedge funds, totaled a net position of -61,765 contracts in the data reported for March 25th. This was a change of -6,751 contracts from the previous week’s total of -55,014 net contracts that was recorded on March 18th.

The previous week’s reduction in bearish positions, on March 18th, had brought overall net large spec positions in the 10-year note to the lowest level since January 14th when positions were at a total of -50,790 contracts before last week’s slight turnaround.

Over the weekly reporting time-frame, from Tuesday March 18th to Tuesday March 25th, the yield on the 10-Year treasury note rose from 2.68 to a yield of 2.75, according to data from the United States Treasury Department.


Last 6 Weeks of Large Trader Non-Commercial Positions

Date Open Interest Long Specs Short Specs Net Large Specs Weekly Change 10 Year Yield
02/18/2014 2430028 380817 437961 -57144 85389 2.71
02/25/2014 2513746 333437 346404 -12967 44177 2.7
03/04/2014 2407282 312136 413506 -101370 -88403 2.7
03/11/2014 2412737 301102 419312 -118210 -16840 2.77
03/18/2014 2441194 360226 415240 -55014 63196 2.68
03/25/2014 2490662 333722 395487 -61765 -6751 2.75



*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).




Article by CountingPips.comForex Trading Apps

 

 

 

VIX Futures Market COT Speculators bearish positions rise after two weeks of declines

By CountingPips.com

Weekly CFTC Net Speculator Report




vix


VIX Futures Contracts: Large traders and speculators raised their bearish bets in the VIX futures market last week after two weeks of declining short positions, according to the latest data from the Commodity Futures Trading Commission (CFTC) released on Friday.

The VIX non-commercial futures contracts, comprising of large speculator and hedge fund positions, totaled a net bearish position of -7,204
contracts in the data reported for March 25th. This was a change of -6,141 contracts from the previous week’s total of -1,063 net contracts that was registered on March 18th.

The data saw large speculators increase both their long and short positions for the week although the short positions rose by a greater margin.

The VIX index, meanwhile, edged slightly lower for a second week in a row from a 14.52 reading on Tuesday March 18th to a 14.02 reading on Tuesday March 25th, according to the Chicago Board Options Exchange (CBOE) Volatility Index.



Last 6 Weeks of Large Trader Positions

Date Open Interest Long Specs Short Specs Net Non-Commercials Weekly Change VIX Score
02/18/2014 409111 107597 122520 -14923 26185 13.87
02/25/2014 367042 108739 124777 -16038 -1115 13.67
03/04/2014 362996 104145 124591 -20446 -4408 14.1
03/11/2014 355040 114455 121309 -6854 13592 14.8
03/18/2014 336625 107861 108924 -1063 5791 14.52
03/25/2014 335826 109110 116314 -7204 -6141 14.02



*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).




Article by CountingPips.comForex Apps & Analysis

 

 

 

GBPUSD Forex Trading Pivot Point Levels for 2014.03.25

2014.03.25 12:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.03.25

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading just under the daily pivot point at the 1.64970 price level, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.65081 while the low of day has reached 1.64797. The pair earlier today opened the Asian trading session slightly below the daily pivot and has trended basically sideways so far today.

Daily Pivot Point: 1.64985
— S1 – 1.64617
— S2 – 1.64276
— S3 – 1.63908
— R1 – 1.65326
— R2 – 1.65694
— R3 – 1.66035


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.03.25

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

Weekly Pivot Point: 1.65411
— S1 – 1.64175
— S2 – 1.63508
— S3 – 1.62272
— R1 – 1.66078
— R2 – 1.67314
— R3 – 1.67981


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.

 

 

 

Large Currency Speculators boosted Euro bets last week to highest level since October

By CountingPips.com

cot-standings

The latest data for the weekly Commitments of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and speculators boosted their euro positions last week to the highest level in almost five months while increasing bets for the other major currencies as well.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, placed bets in favor of the European common currency, Swiss franc, British pound sterling, Japanese yen, Australian dollar, New Zealand dollar and the Mexican peso last week, according to the data through March 18th.

There was a decline for just the Canadian dollar net positions on the week. All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the dollar will gain versus the euro.

Euro large speculator positions rose to a net total of +52,991 contracts through March 18th from a total of +36,385 on March 11th. This marks the highest level of euro positions since October 29th, 2013 when net euro positions stood at +70,617 contracts. The biggest mover of the week was the Japanese yen which saw a weekly change of +38,257 contracts that brought the bearish overall net position down to -61,099 on March 18th from -99,356 on March 11th.

Please see charts and data below.




Charts: Large Speculators Weekly Positions vs Currency Spot Price

EuroFX:

eurfx

Last Six Weeks data for EuroFX futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/11/2014 281037 75048 81977 -6929 6681
02/18/2014 291360 88634 80035 8599 15528
02/25/2014 296924 93003 79103 13900 5301
03/04/2014 304308 103868 80416 23452 9552
03/11/2014 322020 110103 73718 36385 12933
03/18/2014 264443 117819 64828 52991 16606



British Pound Sterling:

gbp

Last Six Weeks data for Pound Sterling futures

Date Open Interest Long Specs Short Specs Large Specs Net Lg Specs Weekly Change
02/11/2014 204982 53199 42527 10672 -279
02/18/2014 241471 76271 53948 22323 11651
02/25/2014 257037 74558 45756 28802 6479
03/04/2014 254013 71021 41416 29605 803
03/11/2014 250867 64553 42554 21999 -7606
03/18/2014 208961 64141 38605 25536 3537



Japanese Yen:

jpy

Last Six Weeks data for Yen Futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/11/2014 196435 13686 92472 -78786 -1957
02/18/2014 200057 16736 96520 -79784 -998
02/25/2014 203743 14727 99817 -85090 -5306
03/04/2014 205886 20407 100116 -79709 5381
03/11/2014 242170 15726 115082 -99356 -19647
03/18/2014 156922 24144 85243 -61099 38257



Swiss Franc:

chf

Last Six Weeks data for Franc futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/11/2014 42433 12166 11611 555 -1665
02/18/2014 51003 14188 17016 -2828 -3383
02/25/2014 55157 19396 19038 358 3186
03/04/2014 60532 21818 19650 2168 1810
03/11/2014 66889 23097 14140 8957 6789
03/18/2014 49391 25311 10195 15116 6159



Canadian Dollar:

cad

Last Six Weeks data for Canadian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/11/2014 157495 27745 86673 -58928 1372
02/18/2014 154862 27756 92756 -65000 -6072
02/25/2014 141519 24865 83456 -58591 6409
03/04/2014 147033 23306 84402 -61096 -2505
03/11/2014 153639 25180 77371 -52191 8905
03/18/2014 186782 27751 97556 -69805 -17614



Australian Dollar:

aud

Last Six Weeks data for Australian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/11/2014 110523 10202 57605 -47403 8120
02/18/2014 103049 9439 53837 -44398 3005
02/25/2014 98643 10299 49290 -38991 5407
03/04/2014 105792 12262 53370 -41108 -2117
03/11/2014 122241 8627 49477 -40850 258
03/18/2014 81737 21577 46040 -24463 16387



New Zealand Dollar:

nzd

Last Six Weeks data for New Zealand dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/11/2014 19085 13176 5535 7641 -391
02/18/2014 21516 15331 6425 8906 1265
02/25/2014 22142 16529 5547 10982 2076
03/04/2014 25616 19346 5914 13432 2450
03/11/2014 31905 21155 6706 14449 1017
03/18/2014 31463 24645 8894 15751 1302



Mexican Peso:

mxn

Last Six Weeks data for Mexican Peso futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/11/2014 127225 9682 43622 -33940 575
02/18/2014 131097 8094 31406 -23312 10628
02/25/2014 128542 9971 31540 -21569 1743
03/04/2014 126885 8230 28980 -20750 819
03/11/2014 166949 12739 20986 -8247 12503
03/18/2014 111057 19320 20590 -1270 6977



*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

The Commitment of Traders report is published every Friday by the Commodity Futures Trading Commission (CFTC) and shows futures positions data that was reported as of the previous Tuesday (3 days behind).

Each currency contract is a quote for that currency directly against the U.S. dollar, a net short amount of contracts means that more speculators are betting that currency to fall against the dollar and a net long position expect that currency to rise versus the dollar.

(The graphs overlay the forex spot closing price of each Tuesday when COT trader positions are reported for each corresponding spot currency pair.)

See more information and explanation on the weekly COT report from the CFTC website.




Article by CountingPips.comForex Apps & News

US 10-Year Treasury Note Speculators reduced bearish positions last week

By CountingPips.com

Weekly CFTC Net Speculator Report




10Yr

Large Speculators bearish positions fall to lowest level since January 14th

10 Year Treasuries: Large futures market traders reduced their overall bearish bets in the 10-year treasury note futures last week for the first time in three weeks and to the lowest level in two months, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of the 10-year treasury notes, primarily traded by large speculators and hedge funds, totaled a net position of -55,014 contracts in the data reported for March 18th. This was a change of +63,196 contracts from the previous week’s total of -118,210 net contracts that was recorded on March 11th.

Last week’s reduction in bearish positions brought overall net large spec positions in the 10-year note to the lowest level since January 14th when positions were at a total of -50,790 contracts.

Over the same weekly reporting time-frame, from Tuesday March 11th to Tuesday March 18th, the yield on the 10-Year treasury note dipped from 2.77 to a yield of 2.68, according to data from the United States Treasury Department.


Last 6 Weeks of Large Trader Non-Commercial Positions

Date Open Interest Long Specs Short Specs Net Large Specs Weekly Change 10 Year Yield
02/11/2014 2410966 322845 465378 -142533 -7232 2.75
02/18/2014 2430028 380817 437961 -57144 85389 2.71
02/25/2014 2513746 333437 346404 -12967 44177 2.7
03/04/2014 2407282 312136 413506 -101370 -88403 2.7
03/11/2014 2412737 301102 419312 -118210 -16840 2.77
03/18/2014 2441194 360226 415240 -55014 63196 2.68



*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).




Article by CountingPips.comForex Trading Apps

 

 

 

VIX Futures Market COT Speculators trimmed bearish positions for a 2nd week

By CountingPips.com

Weekly CFTC Net Speculator Report




VIX


VIX Futures Contracts: Large traders and speculators reduced their bearish bets in the VIX futures market last week for a second straight week and to the lowest level this year, according to the latest data from the Commodity Futures Trading Commission (CFTC) released on Friday.

The VIX non-commercial futures contracts, comprising of large speculator and hedge fund positions, totaled a net bearish position of just -1,063 contracts in the data reported for March 18th. This was a change of +5,791 contracts from the previous week’s total of -6,854 net contracts that was registered on March 11th.

The VIX index, meanwhile, edged slightly lower from a 14.80 reading on Tuesday March 11th to a 14.52 reading on Tuesday March 18th, according to the Chicago Board Options Exchange (CBOE) Volatility Index.



Last 6 Weeks of Large Trader Positions

Date Open Interest Long Specs Short Specs Net Non-Commercials Weekly Change VIX Score
02/11/2014 378851 85350 126458 -41108 10122 14.51
02/18/2014 409111 107597 122520 -14923 26185 13.87
02/25/2014 367042 108739 124777 -16038 -1115 13.67
03/04/2014 362996 104145 124591 -20446 -4408 14.1
03/11/2014 355040 114455 121309 -6854 13592 14.8
03/18/2014 336625 107861 108924 -1063 5791 14.52



*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).




Article by CountingPips.comForex Apps & Analysis

 

 

 

VIDEO: Gwyneth Paltrow Buys Malibu Estate For $14 Million

Gwyneth Paltrow and her Coldplay rocker husband Chris Martin have just spent $14 million on a seaside escape in Malibu. First reported by The Real Estalker, Paltrow and Martin purchased ‘The Garwood Residence,’ designed by world-renowned architect, John Lautner. This secluded and gated Malibu estate in the heart of the celebrity-infested Point Dume area is inspired by the award winning luxury brand, Aman Resorts. Inside the four bedroom post-and-beam estate, Gwyneth and Chris’s new home has heated sandstone floors, a Chef’s Kitchen, and a unique floor plan encompassing both indoor and outdoor living space.

USDCHF Forex Trading Pivot Point Levels for 2014.03.21

2014.03.21 12:30 6:30AM ET | USDCHF Currency Pair

SC USDCHF 2014.03.21

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading slightly under the daily pivot point at the 0.88264 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.88404 while the low of day reached 0.88220. The pair earlier today opened the Asian trading session on top of the daily pivot and has edged lower so far today

Daily Pivot Point: 0.88340
— S1 – 0.87999
— S2 – 0.87648
— S3 – 0.87307
— R1 – 0.88691
— R2 – 0.89032
— R3 – 0.89383


Weekly Pivot Points: USDCHF

SC USDCHF 2014.03.21

Prices are currently trading over the weekly pivot point and just below the R2 resistance level at time of writing. The USDCHF has been on an overall bullish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 0.87405
— S1 – 0.86769
— S2 – 0.86343
— S3 – 0.85707
— R1 – 0.87831
— R2 – 0.88467
— R3 – 0.88893


By CountingPips.comForex 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.