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Technical Analysis - 26/07/2016

EURUSD

The EURUSD pair closed on Monday, 25th of July 2016, at 1.09920. A breakout above daily pivot which is 1.09809 will technically lead us to R1 = 1.10104, and later to R2 = 1.10273. Overextension of price will lead us to R3, which is 1.10568. A breakout below daily pivot which is 1.09809 will technically lead us to S1 = 1.09640 and later to S2 = 1.09345. Overextension of price will lead us to S3, which is 1.09176. Exponential moving average of 21 periods indicates a bullish price movement.

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14:00 – GMT – USD – CB Consumer Confidence
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.09176 1.09345 1.09640 1.09809 1.10104 1.10273 1.10568

USDJPY

The USDJPY pair closed on Monday, 25th of July 2016, at 105.805. A breakout below daily pivot which is 106.081 will technically lead us to S1 = 105.447 and later to S2 = 105.097 Overextension of price will lead us to S3, which is 104.463. A breakout above daily pivot which is 106.081 will technically lead us to R1 = 106.431 and later to R2 = 107.065. Overextension of price will lead us to R3, which is 107.415. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 104.463 105.097 105.447 106.081 106.431 107.065 107.415

GBPUSD

The GBPUSD pair closed on Monday, 25th of July 2016, at 1.31307. A breakout below daily pivot which is 1.31316 will technically lead us to S1 = 1.30995 and later to S2 = 1.30617. Overextension of price will lead us to S3, which is 1.30296. A breakout above daily pivot which is 1.31316 will technically lead us to R1 = 1.31694, and later to R2 = 1.32015. Overextension of price will lead us to R3, which is 1.32393. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.30296 1.30617 1.30995 1.31316 1.31694 1.32015 1.32393

USDCHF

The USDCHF pair closed on Monday, 25th of July 2016, at 0.98600 A breakout below daily pivot which is 0.98669 will technically lead us to S1 = 0.98397 and later to S2 = 0.98216. Overextension of price will lead us to S3, which is 0.97944. A breakout above daily pivot which is 0.98669 will technically lead us to R1 = 0.98850, and later to R2 = 0.99122. Overextension of price will lead us to R3, which is 0.99303. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 0.97944 0.98216 0.98397 0.98669 0.98850 0.99122 0.99303