USDJPY Forex Trading Pivot Point Levels for 2014.03.21

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

SC USDJPY 2014.03.21

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading at the 102.266 price level and under the daily pivot point , according to data at 6:30 AM ET. The USDJPY high for the day has been 102.422 while the low of day has reached 102.005. The pair earlier today opened the Asian trading session slightly above the daily pivot and has trended lower over the course of the day with support being found at the S2 support area.

Daily Pivot Point: 102.376
— S1 – 102.215
— S2 – 102.041
— S3 – 101.880
— R1 – 102.550
— R2 – 102.711
— R3 – 102.885


Weekly Pivot Points: USDJPY

SC USDJPY 2014.03.21

Prices are currently trading over the weekly pivot point at time of writing. The USDJPY has been on an overall bullish trend this week after opening the trading week below the weekly pivot while resistance has been present at the 102.50 exchange level.

Weekly Pivot Point: 101.984
— S1 – 100.549
— S2 – 99.767
— S3 – 98.332
— R1 – 102.766
— R2 – 104.201
— R3 – 104.983


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.

 

 

 

EURUSD Forex Trading Pivot Point Levels for 2014.03.21

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

SC EURUSD 2014.03.21

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Price action is currently trading at the 1.37955 price level and just above the daily pivot point, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.38014 while the low of day has reached to 1.37648. The pair earlier today opened the Asian trading session below the daily pivot and has trended slightly higher over the course of the day so far.

Daily Pivot Point: 1.37905
— S1 – 1.37368
— S2 – 1.36944
— S3 – 1.36407
— R1 – 1.38329
— R2 – 1.38866
— R3 – 1.39290


Weekly Pivot Points: EURUSD

SC EURUSD 2014.03.21

Prices are currently trading under the weekly pivot point and slightly above the S2 support level at time of writing. The EURUSD has been on an overall sharply bearish trend this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 1.39036
— S1 – 1.38412
— S2 – 1.37706
— S3 – 1.37082
— R1 – 1.39742
— R2 – 1.40366
— R3 – 1.41072


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.

 

 

 

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EURUSD Forex Trading Pivot Point Levels for 2014.03.18

2014.03.18 13:30 6:30AM ET | EURUSD Currency Pair

SC EURUSD 2014.03.18

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Price action is currently trading at the 1.39042 price level and under the daily pivot point, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.39369 while the low of day has reached to 1.38887. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower with support for the pair being found above the S1 support area.

Daily Pivot Point: 1.39150
— S1 – 1.38832
— S2 – 1.38465
— S3 – 1.38147
— R1 – 1.39517
— R2 – 1.39835
— R3 – 1.40202


Weekly Pivot Points: EURUSD

SC EURUSD 2014.03.18

Prices are currently trading at the weekly pivot point at time of writing. The EURUSD has been on an overall sideways trend this week after opening the trading week just above the weekly pivot.

Weekly Pivot Point: 1.39036
— S1 – 1.38412
— S2 – 1.37706
— S3 – 1.37082
— R1 – 1.39742
— R2 – 1.40366
— R3 – 1.41072


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.

 

 

 

USDCHF Forex Trading Pivot Point Levels for 2014.03.18

2014.03.18 13:30 6:30AM ET | USDCHF Currency Pair

SC USDCHF 2014.03.18

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading at the 0.87414 price level and over the daily pivot point, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.87490 while the low of day has reached to 0.87230. The pair earlier today opened the Asian trading session just below the daily pivot and has trended modestly higher to between the pivot point and the R1 resistance level.

Daily Pivot Point: 0.87335
— S1 – 0.87119
— S2 – 0.86912
— S3 – 0.86696
— R1 – 0.87542
— R2 – 0.87758
— R3 – 0.87965


Weekly Pivot Points: USDCHF

SC USDCHF 2014.03.18

Prices are currently trading at the weekly pivot point at time of writing. The USDCHF has been on an overall small 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.

 

 

 

GBPUSD Forex Trading Pivot Point Levels for 2014.03.18

2014.03.18 13:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.03.18

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading at the 1.66012 price level and under the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.66466 while the low of day has reached to 1.65884. The pair earlier today opened the Asian trading session virtually on top of the daily pivot and has trended sharply lower in the morning today to the S1 support level.

Daily Pivot Point: 1.66336
— S1 – 1.66025
— S2 – 1.65725
— S3 – 1.65414
— R1 – 1.66636
— R2 – 1.66947
— R3 – 1.67247


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.03.18

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

Weekly Pivot Point: 1.66525
— S1 – 1.65645
— S2 – 1.64795
— S3 – 1.63915
— R1 – 1.67375
— R2 – 1.68255
— R3 – 1.69105


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 cut back on US Dollar bullish bets for 5th Week

By CountingPips.com

cot-values

Large Speculator bullish bets fall to $10.56 billion on March 11th

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 futures speculators decreased their bullish positions of the US dollar for a fifth straight week through March 11th.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, had an overall US dollar long position totaling $10.56 billion as of Tuesday March 11th, according to the latest data from the CFTC and Reuters. This was a weekly change of -$1.04 billion from the $11.60 billion total bullish position that was registered on March 4th, according to the calculations by Reuters that totals the US dollar contracts against the combined contracts of the euro, British pound, Japanese yen, Australian dollar, Canadian dollar and the Swiss franc.

The five weeks of decline has pushed the US dollar aggregate position to a new low level since November 5th 2013 when the overall bullish position totaled just $7.02 billion.

 

Net Contract Standings for the week:




cot-standings




Individual Currencies – Large Speculator Weekly changes:

The non-commercial net positions for each of the individual currencies directly against the US dollar showed weekly gains for the euro, Swiss franc, Canadian dollar, Australian dollar, New Zealand dollar and the Mexican peso while there were weekly declines for the British pound sterling and the Japanese yen. See charts & data below.




Individual Currency Charts: Large & Small Speculator Positions vs Spot Price

EuroFX:

eurfx

Last Six Weeks data for EuroFX futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/04/2014 274146 67614 81224 -13610 -27957
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



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
02/04/2014 202690 52098 41147 10951 -11221
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



Japanese Yen:

jpy

Last Six Weeks data for Yen Futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/04/2014 199361 15896 92725 -76829 9363
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



Swiss Franc:

chf

Last Six Weeks data for Franc futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/04/2014 41918 13236 11016 2220 2661
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



Canadian Dollar:

cad

Last Six Weeks data for Canadian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/04/2014 160625 29439 89739 -60300 2489
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



Australian Dollar:

aud

Last Six Weeks data for Australian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/04/2014 125394 11696 67219 -55523 10200
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



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
02/04/2014 20098 14588 6556 8032 -1653
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



Mexican Peso:

mxn

Last Six Weeks data for Mexican Peso futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/04/2014 131832 13694 48209 -34515 801
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



*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