Technical Analysis - 01/07/2016

EURUSD

The EURUSD pair closed on Thursday, 30th of June 2016, at 1.11034. A breakout above daily pivot which is 1.10939 will technically lead us to R1 = 1.11642, and later to R2 = 1.12240. Overextension of price will lead us to R3, which is 1.12943. A breakout below daily pivot which is 1.11000 will technically lead us to S1 = 1.10341 and later to S2 = 1.09638. Overextension of price will lead us to S3, which is 1.09040. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

08:30 – GMT – GBP – Manufacturing PMI
14:00 – GMT – USD – ISM Manufacturing PMI
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.09040 1.09638 1.10341 1.10939 1.11642 1.12240 1.12943


USDJPY

The USDJPY pair closed on Thursday, 30th of June 2016, at 103.265. A breakout above daily pivot which is 102.937 will technically lead us to R1 = 103.523 and later to R2 = 103.873 Overextension of price will lead us to R3, which is 104.459. A breakout below daily pivot which is 102.937 will technically lead us to S1 = 102.587, and later to S2 = 102.001. Overextension of price will lead us to S3, which is 101.651. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 101.651 102.001 102.587 102.937 103.523 103.873 104.459


GBPUSD

The GBPUSD pair closed on Thursday, 30th of June 2016, at 1.33015. A breakout below daily pivot which is 1.33354 will technically lead us to S1 = 1.31759 and later to S2 = 1.30439. Overextension of price will lead us to S3, which is 1.28844. A breakout above daily pivot which is 1.33354 will technically lead us to R1 = 1.34674, and later to R2 = 1.36269. Overextension of price will lead us to R3, which is 1.37589. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.28844 1.30439 1.31759 1.33354 1.34674 1.36269 1.37589


USDCHF

The USDCHF pair closed on Thursday, 30th of June 2016, at 0.97602 A breakout below daily pivot which is 0.97685 will technically lead us to S1 = 0.97174 and later to S2 = 0.96758. Overextension of price will lead us to S3, which is 1.96247. A breakout above daily pivot which is 0.97685 will technically lead us to R1 = 0.98101, and later to R2 = 0.98612. Overextension of price will lead us to R3, which is 0.99028. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.96247 0.96758 0.97174 0.97685 0.98101 0.98612 0.99028