Technical Analysis - 17/06/2016

EURUSD

The EURUSD pair closed on Thursday, 16th of June 2016, at 1.12290. A breakout above daily pivot which is 1.12147 will technically lead us to R1 = 1.12986, and later to R2 = 1.13782. Overextension of price will lead us to R3, which is 1.14621. A breakout below daily pivot which is 1.12147 will technically lead us to S1 = 1.11351 and later to S2 = 1.10512. Overextension of price will lead us to S3, which is 1.09716. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

12:30 – GMT – CAD – Core CPI m/m
12:30 – GMT – USD – Building Permits
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.09716 1.10512 1.11351 1.12147 1.12986 1.13782 1.14621


USDJPY

The USDJPY pair closed on Thursday, 16th of June 2016, at 104.292. A breakout below daily pivot which is 104.597 will technically lead us to S1 = 103.177 and later to S2 = 102.119 Overextension of price will lead us to S3, which is 100.699. A breakout above daily pivot which is 104.597 will technically lead us to R1 = 105.655, and later to R2 = 107.075. Overextension of price will lead us to R3, which is 108.133. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 100.699 102.119 103.177 104.597 105.655 107.075 108.133


GBPUSD

The GBPUSD pair closed on Thursday, 16th of June 2016, at 1.42103. A breakout above daily pivot which is 1.41550 will technically lead us to R1 = 1.429979 and later to R2 = 1.43958. Overextension of price will lead us to R3, which is 1.45387. A breakout below daily pivot which is 1.41550 will technically lead us to S1 = 1.40571, and later to S2 = 1.39142. Overextension of price will lead us to S3, which is 1.38163. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.38163 1.39142 1.40571 1.41550 1.429979 1.43958 1.45387


USDCHF

The USDCHF pair closed on Thursday, 16th of June 2016, at 0.96478 A breakout above daily pivot which is 0.96348 will technically lead us to R1 = 0.96984 and later to R2 = 0.97497. Overextension of price will lead us to R3, which is 1.98133. A breakout below daily pivot which is 0.96348 will technically lead us to S1 = 0.95835, and later to S2 = 0.95199. Overextension of price will lead us to S3, which is 0.94686. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 0.94686 0.95199 0.95835 0.96348 0.96984 0.97497 1.98133