Technical Analysis - 13/07/2016

EURUSD

The EURUSD pair closed on Tuesday, 12th of July 2016, at 1.10639. A breakout below daily pivot which is 1.10788 will technically lead us to S1 = 1.10321, and later to S2 = 1.10047. Overextension of price will lead us to S3, which is 1.09580. A breakout above daily pivot which is 1.10788 will technically lead us to R1 = 1.11062 and later to R2 = 1.11529. Overextension of price will lead us to R3, which is 1.11803. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

14:00 – GMT – CAD – BOC Monetary Policy Report
14:00 – GMT – CAD – BOC Rate Statement
14:00 – GMT – CAD – Overnight Rate
14:30 – GMT – USD – Crude Oil Inventories
15:15 – GMT – CAD – BOC Press Conference
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.09580 1.10047 1.10321 1.10788 1.11062 1.11529 1.11803


USDJPY

The USDJPY pair closed on Tuesday, 12th of July 2016, at 104.720. A breakout above daily pivot which is 104.029 will technically lead us to R1 = 105.617 and later to R2 = 106.566 Overextension of price will lead us to R3, which is 108.154. A breakout below daily pivot which is 104.029 will technically lead us to S1 = 103.080 and later to S2 = 101.492. Overextension of price will lead us to S3, which is 100.543. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 100.543 101.492 103.080 104.029 105.617 106.566 108.154


GBPUSD

The GBPUSD pair closed on Tuesday, 12th of July 2016, at 1.32483. A breakout above daily pivot which is 1.31694 will technically lead us to R1 = 1.33680 and later to R2 = 1.34920. Overextension of price will lead us to R3, which is 1.36906. A breakout below daily pivot which is 1.31694 will technically lead us to S1 = 1.30454, and later to S2 = 1.28468. Overextension of price will lead us to S3, which is 1.27228. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.27228 1.28468 1.30454 1.31694 1.33680 1.34920 1.36906


USDCHF

The USDCHF pair closed on Tuesday, 12th of July 2016, at 0.98858 A breakout above daily pivot which is 0.98593 will technically lead us to R1 = 0.99579 and later to R2 = 0.99579. Overextension of price will lead us to R3, which is 1.00225. A breakout below daily pivot which is 0.98593 will technically lead us to S1 = 0.98253, and later to S2 = 0.97607. Overextension of price will lead us to S3, which is 0.97267. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 0.97267 0.97607 0.98253 0.98593 0.99579 0.99579 1.00225