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Technical Analysis - 21/06/2016

EURUSD

The EURUSD pair closed on Monday, 20th of June 2016, at 1.13120. A breakout below daily pivot which is 1.13306 will technically lead us to S1 = 1.12798, and later to S2 = 1.12505. Overextension of price will lead us to S3, which is 1.11997. A breakout above daily pivot which is 1.13306 will technically lead us to R1 = 1.13559 and later to R2 = 1.14107. Overextension of price will lead us to R3, which is 1.14400. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

09:00 – GMT – EUR – German Zew Economic Sentiment
13:00 – GMT – EUR – ECB President Draghi Speaks
14:00 – GMT – USD – Fed Chair Yellen Testifies
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.11997 1.12505 1.12798 1.13306 1.13559 1.14107 1.14400


USDJPY

The USDJPY pair closed on Monday, 20th of June 2016, at 103.918. A breakout below daily pivot which is 104.178 will technically lead us to S1 = 103.523 and later to S2 = 103.122 Overextension of price will lead us to S3, which is 102.467. A breakout above daily pivot which is 104.178 will technically lead us to R1 = 104.579, and later to R2 = 105.234. Overextension of price will lead us to R3, which is 105.635. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 102.467 103.122 103.523 104.178 104.579 105.234 105.635


GBPUSD

The GBPUSD pair closed on Monday, 20th of June 2016, at 1.46769. A breakout above daily pivot which is 1.46103 will technically lead us to R1 = 1.47880 and later to R2 = 1.48947. Overextension of price will lead us to R3, which is 1.50724. A breakout below daily pivot which is 1.46103 will technically lead us to S1 = 1.45036, and later to S2 = 1.43259. Overextension of price will lead us to S3, which is 1.42192. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.42192 1.43259 1.45036 1.46103 1.47880 1.48947 1.50724


USDCHF

The USDCHF pair closed on Monday, 20th of June 2016, at 0.96171 A breakout above daily pivot which is 0.96118 will technically lead us to R1 = 0.96485 and later to R2 = 0.96781. Overextension of price will lead us to R3, which is 1.97148. A breakout below daily pivot which is 0.96118 will technically lead us to S1 = 0.95822, and later to S2 = 0.95455. Overextension of price will lead us to S3, which is 0.95159. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 0.95159 0.95455 0.95822 0.96118 0.96485 0.96781 1.97148

Tuesday, 21 Jun, 2016 / 6:31

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Source : https://www.hiwayfx.com/tools/technical-analysis/technical-analysis-21-06-2016

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