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EUR/USD Forex Trading Pivot Point Levels: Trending Lower

ByZachary Storella
Published 10/29/2013, 08:09 AM
Updated 07/09/2023, 06:31 AM
EUR/USD
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2013.10.29 13:30 7:30AM ET | EUR/USD Currency Pair

Here are the current Pivot Points Levels with Support (S) and Resistance (R) for the EUR/USD currency pair. Price action is currently trading below the daily pivot point and under the S1 support at the 1.37573 price level, according to data at 7:30 AM ET. The pair opened the Asian trading session earlier today below the daily pivot and has continued to trend lower over the course of the day.
<span class=EUR/USD" border="0" height="250" width="655">
Daily Pivot Point: 1.37923

– S1 – 1.37676
– S2 – 1.37496
– S3 – 1.37249
– R1 – 1.38103
– R2 – 1.38350
– R3 – 1.38530

Weekly Pivot Points: EUR/USD

Prices are currently trading slightly under the weekly pivot point and approaching the 1.3750 level at time of writing. The EUR/USD has been on a bearish pace so far this week after opening the trading week above the weekly pivot.
<span class=EUR/USD" border="0" height="250" width="655">
Weekly Pivot Point: 1.37612

– S1 – 1.36908
– S2 – 1.35800
– S3 – 1.35096
– R1 – 1.38720
– R2 – 1.39424
– R3 – 1.40532

Monthly Pivot Point: 1.33989

– S1 – 1.32298
– S2 – 1.29350
– S3 – 1.27659
– R1 – 1.36937
– R2 – 1.38628
– R3 – 1.41576

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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