Technical Analysis - 10/06/2016

EURUSD

The EURUSD pair closed on Thursday, 9th of June 2016, at 1.13163. A breakout below daily pivot which is 1.13444 will technically lead us to S1 = 1.12738, and later to S2 = 1.12323. Overextension of price will lead us to S3, which is 1.11617. A breakout above daily pivot which is 1.13444 will technically lead us to R1 = 1.13859 and later to R2 = 1.14565. Overextension of price will lead us to R3, which is 1.14980. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

12:30 – GMT – CAD – Employment Change
12:30 – GMT – CAD – Unemployment Rate
14:00 – GMT – USD – Prelim UoM Consumer Sentiment
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.11617 1.12323 1.12738 1.13444 1.13859 1.14565 1.14980


USDJPY

The USDJPY pair closed on Thursday, 9th of June 2016, at 106.909. A breakout above daily pivot which is 106.824 will technically lead us to R1 = 107.419 and later to R2 = 107.746 Overextension of price will lead us to R3, which is 108.341. A breakout below daily pivot which is 106.824 will technically lead us to S1 = 106.497, and later to S2 = 105.902. Overextension of price will lead us to S3, which is 105.575. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 105.575 105.902 106.497 106.824 107.419 107.746 108.341


GBPUSD

The GBPUSD pair closed on Thursday, 9th of June 2016, at 1.44540. A breakout below daily pivot which is 1.44748 will technically lead us to S1 = 1.44233 and later to S2 = 1.43935. Overextension of price will lead us to S3, which is 1.43420. A breakout above daily pivot which is 1.44748 will technically lead us to R1 = 1.45046, and later to R2 = 1.45561. Overextension of price will lead us to R3, which is 1.45859. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.43420 1.43935 1.44233 1.44748 1.45046 1.45561 1.45859


USDCHF

The USDCHF pair closed on Thursday, 9th of June 2016, at 0.96439 A breakout above daily pivot which is 0.96254 will technically lead us to R1 = 0.96735 and later to R2 = 0.97035. Overextension of price will lead us to R3, which is 1.97516. A breakout below daily pivot which is 0.96254 will technically lead us to S1 = 0.95954, and later to S2 = 0.95473. Overextension of price will lead us to S3, which is 0.95173. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 0.95173 0.95473 0.95954 0.96254 0.96735 0.97035 1.97516