Technical Analysis - 28/06/2016

EURUSD

The EURUSD pair closed on Monday, 27th of June 2016, at 1.10220. A breakout below daily pivot which is 1.10254 will technically lead us to S1 = 1.09678, and later to S2 = 1.09127. Overextension of price will lead us to S3, which is 1.08551. A breakout above daily pivot which is 1.10254 will technically lead us to R1 = 1.10805 and later to R2 = 1.11381. Overextension of price will lead us to R3, which is 1.11932. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

12:30 – GMT – EUR – Final GDP q/q
14:00 – GMT – USD – CB Consumer Confidence
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.08551 1.09127 1.09678 1.10254 1.10805 1.11381 1.11932


USDJPY

The USDJPY pair closed on Monday, 27th of June 2016, at 101.899. A breakout below daily pivot which is 101.950 will technically lead us to S1 = 101.439 and later to S2 = 100.884 Overextension of price will lead us to S3, which is 100.373. A breakout above daily pivot which is 101.950 will technically lead us to R1 = 102.505, and later to R2 = 103.016. Overextension of price will lead us to R3, which is 103.571. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 100.373 100.884 101.439 101.950 102.505 103.016 103.571


GBPUSD

The GBPUSD pair closed on Monday, 27th of June 2016, at 1.32242. A below above daily pivot which is 1.32743 will technically lead us to S1 = 1.30679 and later to S2 = 1.29122. Overextension of price will lead us to S3, which is 1.27058. A breakout above daily pivot which is 1.32743 will technically lead us to R1 = 1.34300, and later to R2 = 1.36364. Overextension of price will lead us to R3, which is 1.37921. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.27058 1.29122 1.30679 1.32743 1.34300 1.36364 1.37921


USDCHF

The USDCHF pair closed on Monday, 27th of June 2016, at 0.97830 A breakout above daily pivot which is 0.97689 will technically lead us to R1 = 0.98337 and later to R2 = 0.98832. Overextension of price will lead us to R3, which is 1.99480. A breakout below daily pivot which is 0.97689 will technically lead us to S1 = 0.97194, and later to S2 = 0.96546. Overextension of price will lead us to S3, which is 0.96051. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 0.96051 0.96546 0.97194 0.97689 0.98337 0.98832 1.99480