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Australia 200 AUS200

HIGH LOW CHANGE % CHANGE
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Latest Research

Could AUD/CAD extend rally despite BOC being more hawkish than RBA?

Fawad Razaqzada November 15, 2018 12:31 PM

Although at the moment the Bank of Canada is clearly more hawkish than the Reserve Bank of Australia, the recent sell-off in oil prices has dented the appeal of the Loonie a little. Meanwhile economic data from Australia has improved – as indicated, for example, by the 32,800 jump in October employment – while hopes have risen that the nation’s larg... Read More

TAGS: AUDCAD, forex, FX

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

November 15, 2018 5:48 AM

TAGS: Brexit, FX, GBPJPY, GBPUSD

Pound surges on reports EU and UK have agreed on Brexit text

November 13, 2018 11:21 AM

TAGS: Brexit, forex, FX, GBPCAD

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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