Technical Analysis - 15/07/2016

EURUSD

The EURUSD pair closed on Thursday, 14th of July 2016, at 1.11189. A breakout below daily pivot which is 1.11234 will technically lead us to S1 = 1.10820, and later to S2 = 1.10448. Overextension of price will lead us to S3, which is 1.10034. A breakout above daily pivot which is 1.11234 will technically lead us to R1 = 1.11606 and later to R2 = 1.12020. Overextension of price will lead us to R3, which is 1.12392. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

12:30 – GMT – CAD – Manufacturing Sales m/m
12:30 – GMT – USD – CPI m/m
12:30 – GMT – USD – Core CPI m/m
12:30 – GMT – USD – Core Retail Sales m/m
12:30 – GMT – USD – Retail Sales m/m
14:00 – GMT – USD – Prelim UoM Consumer Sentiment
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.10034 1.10448 1.10820 1.11234 1.11606 1.12020 1.12392


USDJPY

The USDJPY pair closed on Thursday, 14th of July 2016, at 105.338. A breakout above daily pivot which is 105.074 will technically lead us to R1 = 106.184 and later to R2 = 107.048 Overextension of price will lead us to R3, which is 108.160. A breakout below daily pivot which is 105.074 will technically lead us to S1 = 104.212 and later to S2 = 103.100. Overextension of price will lead us to S3, which is 102.238. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 102.238 103.100 104.212 105.074 106.184 107.048 108.160


GBPUSD

The GBPUSD pair closed on Thursday, 14th of July 2016, at 1.33373. A breakout above daily pivot which is 1.33068 will technically lead us to R1 = 1.35098 and later to R2 = 1.36786. Overextension of price will lead us to R3, which is 1.38816. A breakout below daily pivot which is 1.33068 will technically lead us to S1 = 1.31380, and later to S2 = 1.29350. Overextension of price will lead us to S3, which is 1.27662. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.27662 1.29350 1.31380 1.33068 1.35098 1.36786 1.38816


USDCHF

The USDCHF pair closed on Thursday, 14th of July 2016, at 0.98095 A breakout above daily pivot which is 0.98073 will technically lead us to R1 = 0.98511 and later to R2 = 0.98957. Overextension of price will lead us to R3, which is 1.99395. A breakout below daily pivot which is 0.98073 will technically lead us to S1 = 0.97627, and later to S2 = 0.97189. Overextension of price will lead us to S3, which is 0.96743. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 0.96743 0.97189 0.97627 0.98073 0.98511 0.98957 1.99395