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XAU/USD

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Latest Research

BREXIT: Disaster for PM May as Raab among several ministers to quit

Fawad Razaqzada November 15, 2018 5:48 AM

The handling of the whole Brexit process by the UK government has frankly been a total disaster, to put it nicely. Today saw several more ministers resign, this time over the Draft Withdrawal Agreement from the EU which was secured last night.

TAGS: Brexit, FX, GBPJPY, GBPUSD

Brexit Update: Up, Down, Up, Down, Down…Up…

November 14, 2018 2:05 PM

TAGS: Brexit, British Pound, GBP, GBP/USD, GBPUSD

EUR/USD: 1.1300 is the “Line in the Sand” This Week

November 13, 2018 3:25 PM

TAGS: EUR/USD, EURO, EURUSD, Technical Analysis, Trading

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Pivot Points

  • Pivot Point
  • Distance

    Distance

    Distance shows the difference between the pivot point and bid rate. It is calculated by subtracting the ask rate from the pivot point rate.

  • Bid
  • Ask
HIGH
LOW
Close
R3
R2
R1
S1
S2
S3
HIGH
LOW
Close
R3
R2
R1
S1
S2
S3
HIGH
LOW
Close
R3
R2
R1
S1
S2
S3

Last Updated:

Understanding Pivot Points

Pivot points are used by traders as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can...Read More
Learn more about Technical Analysis