The pivot points chart for the AUD / USD pair for this week indicates that pivot points are set according to the weekly highs and lows of the pair as well as the close price. This chart will enable you to place Take Profits or Stop Losses. These pivot levels can serve as a trading map allowing you to know beforehand the prospect hghs and lows of the pair.

Therefore it is recommended to open short positions at the R1 level and long positions at the S1 level. If the weekly pivot is considered as a target, it can be a good strategy for swing trading. The strategy can be used in other way by opening long positions in S2 positions and short R2 weekly with S1 or R1 seen as weekly targets or to the pivot point.

_____WEEKLY_____
Weekly – R3 = 1.0226
Weekly – R2 = 1.0130
Weekly – R1 = 0.9987
Weekly Pivot = 0.9891
Weekly – S1 = 0.9748
Weekly – S2 = 0.9652
Weekly – S3 = 0.9509

_____MONTHLY____
Monthly – R3 = 1.0774
Monthly – R2 = 1.0624
Monthly – R1 = 1.0527
Monthly Pivot = 1.0377
Monthly – S1 = 1.0280
Monthly – S2 = 1.0130
Monthly – S3 = 1.0033
 

The material has been provided by Instaforex Company – instaforex.com

The pivot points’ chart for the EUR/USD pair for this week indicates that pivot points are set according to the weekly highs and lows of the pair as well as the close price. This chart will enable you to place Take Profits or Stop Losses. These pivot levels can serve as a trading map allowing you to know beforehand the prospect highs and lows of the pair.

Therefore it is recommended to open short positions at the R1 level and long positions at the S1 level. If the weekly pivot is considered as a target, it can be a good strategy for swing trading. The strategy can be used in other way by opening long positions in S2 positions and short R2 weekly with S1 or R1 seen as weekly targets or to the pivot point.

____WEEKLY_____
Weekly – R3 = 1.3171
Weekly – R2 = 1.3038
Weekly – R1 = 1.2908
Weekly Pivot = 1.2775
Weekly – S1 = 1.2645
Weekly – S2 = 1.2512
Weekly – S3 = 1.2382

____MONTHLY______
Monthly – R3 = 1.3801
Monthly – R2 = 1.3590
Monthly – R1 = 1.3415
Monthly Pivot = 1.3204
Monthly – S1 = 1.3029
Monthly – S2 = 1.2818
Monthly – S3 = 1.2643

The material has been provided by Instaforex Company – instaforex.com

The pivot points’ chart for the GBP / USD pair for this week indicates that pivot points are set according to the weekly highs and lows of the pair, as well as the close price. This chart will enable you to place Take Profits or Stop Losses. These pivot levels can serve as a trading map allowing you to know beforehand the prospect highs and lows of the pair.
Therefore it is recommended to open short positions at the R1 level and long positions at the S1 level. If the weekly pivot is considered as a target, it can be a good strategy for swing trading. The strategy can be used in other way by opening long positions in S2 positions and short R2 weekly with S1 or R1 seen as weekly targets or to the pivot point.

____WEEKLY_____

Weekly – R3 = 1.6437
Weekly – R2 = 1.6279
Weekly – R1 = 1.6047
Weekly Pivot = 1.5889
Weekly – S1 = 1.5657
Weekly – S2 = 1.5499
Weekly – S3 = 1.5267

_____MONTHLY____
Monthly – R3 = 1.6920
Monthly – R2 = 1.6610
Monthly – R1 = 1.6423
Monthly Pivot = 1.6113
Monthly – S1 = 1.5926
Monthly – S2 = 1.5616
Monthly – S3 = 1.5429

The material has been provided by Instaforex Company – instaforex.com