
GBPUSD On Track To Settle Above 1.3700
The British pound sterling continues to keep a bullish hold. After failing to [...]
EURUSD
The EURUSD pair closed on Monday, 12th of July 2016, at 1.10592. A breakout above daily pivot which is 1.10482 will technically lead us to R1 = 1.10816, and later to R2 = 1.11076. Overextension of price will lead us to R3, which is 1.11410. A breakout below daily pivot which is 1.10482 will technically lead us to S1 = 1.10222 and later to S2 = 1.09888. Overextension of price will lead us to S3, which is 1.09628. Exponential moving average of 21 periods indicates a bullish price movement.
Important Economic News
09:00 – GMT – GBP – BOE Gov Carney Speaks
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.09628 1.09888 1.10222 1.10482 1.10816 1.11076 1.11410
USDJPY
The USDJPY pair closed on Monday, 12th of July 2016, at 102.733. A breakout above daily pivot which is 102.058 will technically lead us to R1 = 103.609 and later to R2 = 104.438 Overextension of price will lead us to R3, which is 105.989. A breakout below daily pivot which is 102.058 will technically lead us to S1 = 101.229 and later to S2 = 99.678. Overextension of price will lead us to S3, which is 98.849. Exponential moving average of 21 periods indicates a bearish price movement.
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 98.849 99.678 101.229 102.058 103.609 104.438 105.989
GBPUSD
The GBPUSD pair closed on Monday, 12th of July 2016, at 1.29938. A breakout above daily pivot which is 1.29543 will technically lead us to R1 = 1.30594 and later to R2 = 1.31221. Overextension of price will lead us to R3, which is 1.32272. A breakout below daily pivot which is 1.29543 will technically lead us to S1 = 1.28916, and later to S2 = 1.27865. Overextension of price will lead us to S3, which is 1.27238. Exponential moving average of 21 periods indicates a bearish price movement.
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.27238 1.27865 1.28916 1.29543 1.30594 1.31221 1.32272
USDCHF
The USDCHF pair closed on Monday, 12th of July 2016, at 0.98266 A breakout below daily pivot which is 0.98310 will technically lead us to S1 = 0.98050 and later to S2 = 0.97826. Overextension of price will lead us to S3, which is 1.97566. A breakout above daily pivot which is 0.98310 will technically lead us to R1 = 0.98534, and later to R2 = 0.98794. Overextension of price will lead us to R3, which is 0.99018. Exponential moving average of 21 periods indicates a bearish price movement.
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.97566 0.97826 0.98050 0.98310 0.98534 0.98794 0.99018
Tuesday, 12 Jul, 2016 / 6:09
Source : https://www.hiwayfx.com/tools/technical-analysis/technical-analysis-12-07-2016
GBPUSD On Track To Settle Above 1.3700
The British pound sterling continues to keep a bullish hold. After failing to [...]
The crude market saw a much quieter period of trading this week. Price [...]
Biden To Push Through Stimulus Aid
Greenback Fades as Bears Take Control The US index dropped towards the 90 [...]