Here we provide daily forex pivot points for intrday levels when forex trading. Pivot points can show you possible support and resistance areas during a trading day, they are calculated by using the proevious days open, high, low and close price and applying those calculations on todays chart or quotes.
One strategy is to look for bullish moves above the pivot point up towards any pivot resistance areas. Similar in reverse for bearish moves under the pivot point towards pivot supports. There are many other strategies in forex trading using these types of levels, try Google and see what other ideas others are using.
