Free Forex Signal: Daily Pivot Points

What Are Pivot Points?

A central reference level with surrounding support (S1–S3) and resistance (R1–R3) based on the prior day’s price action.

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How This Signal Works

Calculation Formula

  • Pivot = (High + Low + Close) / 3
  • R1 = (2 × Pivot) – Low
  • S1 = (2 × Pivot) – High
  • R2 = Pivot + (High – Low)
  • S2 = Pivot – (High – Low)
  • R3 = High + (Pivot – 2 × Low)
  • S3 = Low – (2 × High – Pivot)

How to Use It:

Support Zones (S1–S3): Potential bounce areas

Resistance Zones (R1–R3): Possible reversal or breakout targets

Combine with indicators like RSI or MACD for confirmation

Quick Visual Reference

  • R1–R3: Potential resistance targets
  • P:Central pivot — trend bias reference
  • S1–S3: Potential support zones

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Understand What These Levels Mean

Pivot points are just one part of a smart trading plan. Forex University teaches you how to combine support/resistance, momentum, and price action into a real trading strategy.

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