Technical Analysis - 14/06/2016

EURUSD

The EURUSD pair closed on Monday, 13th of June 2016, at 1.12905. A breakout above daily pivot which is 1.12748 will technically lead us to R1 = 1.13183, and later to R2 = 1.13459. Overextension of price will lead us to R3, which is 1.13894. A breakout below daily pivot which is 1.12748 will technically lead us to S1 = 1.12472 and later to S2 = 1.12037. Overextension of price will lead us to S3, which is 1.11761. Exponential moving average of 21 periods indicates a bullish price movement.

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08:30 – GMT – GBP – CPI y/y
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Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.11761 1.12037 1.12472 1.12748 1.13183 1.13459 1.13894


USDJPY

The USDJPY pair closed on Monday, 13th of June 2016, at 106.168. A breakout below daily pivot which is 106.269 will technically lead us to S1 = 105.703 and later to S2 = 105.158 Overextension of price will lead us to S3, which is 104.592. A breakout above daily pivot which is 106.269 will technically lead us to R1 = 106.814, and later to R2 = 107.380. Overextension of price will lead us to R3, which is 107.925. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 104.592 105.158 105.703 106.269 106.814 107.380 107.925


GBPUSD

The GBPUSD pair closed on Monday, 13th of June 2016, at 1.42664. A breakout above daily pivot which is 1.42358 will technically lead us to R1 = 1.43577 and later to R2 = 1.44465. Overextension of price will lead us to R3, which is 1.45684. A breakout below daily pivot which is 1.42358 will technically lead us to S1 = 1.41470, and later to S2 = 1.40251. Overextension of price will lead us to S3, which is 1.39363. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.39363 1.40251 1.41470 1.42358 1.43577 1.44465 1.45684


USDCHF

The USDCHF pair closed on Monday, 13th of June 2016, at 0.96407 A breakout below daily pivot which is 0.96496 will technically lead us to S1 = 0.96217 and later to S2 = 0.96008. Overextension of price will lead us to S3, which is 1.95729. A breakout above daily pivot which is 0.96496 will technically lead us to R1 = 0.96705, and later to R2 = 0.96984. Overextension of price will lead us to R3, which is 0.97193. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.95729 0.96008 0.96217 0.96496 0.96705 0.96984 0.97193