Technical Analysis - 24/06/2016

EURUSD

The EURUSD pair closed on Thursday, 23th of June 2016, at 1.13797. A breakout above daily pivot which is 1.13651 will technically lead us to R1 = 1.14366, and later to R2 = 1.14914. Overextension of price will lead us to R3, which is 1.15629. A breakout below daily pivot which is 1.13651 will technically lead us to S1 = 1.13103 and later to S2 = 1.12388. Overextension of price will lead us to S3, which is 1.11840. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

08:00 – GMT – EUR – German Info Business Climate
12:30 – GMT – USD – Core Durable Goods Orders m/m
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.11840 1.12388 1.13103 1.13651 1.14366 1.14914 1.15629


USDJPY

The USDJPY pair closed on Thursday, 23th of June 2016, at 106.043. A breakout above daily pivot which is 105.427 will technically lead us to R1 = 106.853 and later to R2 = 107.582 Overextension of price will lead us to R3, which is 109.008. A breakout below daily below which is 105.427 will technically lead us to S1 = 104.698, and later to S2 = 103.272. Overextension of price will lead us to S3, which is 102.543. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 102.543 103.272 104.698 105.427 106.853 107.582 109.008


GBPUSD

The GBPUSD pair closed on Thursday, 23th of June 2016, at 1.48796. A breakout above daily pivot which is 1.48355 will technically lead us to R1 = 1.49729 and later to R2 = 1.50825. Overextension of price will lead us to R3, which is 1.52199. A breakout below daily pivot which is 1.48355 will technically lead us to S1 = 1.47259, and later to S2 = 1.45885. Overextension of price will lead us to S3, which is 1.44789. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.44789 1.45885 1.47259 1.48355 1.49729 1.50825 1.52199


USDCHF

The USDCHF pair closed on Thursday, 23th of June 2016, at 0.95844 A breakout above daily pivot which is 0.95686 will technically lead us to R1 = 0.96166 and later to R2 = 0.96485. Overextension of price will lead us to R3, which is 1.96965. A breakout below daily pivot which is 0.95686 will technically lead us to S1 = 0.95367, and later to S2 = 0.94887. Overextension of price will lead us to S3, which is 0.94568. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 0.94568 0.94887 0.95367 0.95686 0.96166 0.96485 1.96965