Technical Analysis - 28/07/2016

EURUSD

The EURUSD pair closed on Wednesday, 27th of July 2016, at 1.10572. A breakout above daily pivot which is 1.10272 will technically lead us to R1 = 1.10942, and later to R2 = 1.11309. Overextension of price will lead us to R3, which is 1.11979. A breakout below daily pivot which is 1.10272 will technically lead us to S1 = 1.09905 and later to S2 = 1.09235. Overextension of price will lead us to S3, which is 1.08868. Exponential moving average of 21 periods indicates a bullish price movement.

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Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.08868 1.09235 1.09905 1.10272 1.10942 1.11309 1.11979


USDJPY

The USDJPY pair closed on Wednesday, 27th of July 2016, at 105.260. A breakout below daily pivot which is 105.464 will technically lead us to S1 = 104.393 and later to S2 = 103.408 Overextension of price will lead us to S3, which is 102.337. A breakout above daily pivot which is 105.464 will technically lead us to R1 = 106.449 and later to R2 = 107.520. Overextension of price will lead us to R3, which is 108.505. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 102.337 103.408 104.393 105.464 106.449 107.520 108.505


GBPUSD

The GBPUSD pair closed on Wednesday, 27th of July 2016, at 1.32209. A breakout above daily pivot which is 1.31758 will technically lead us to R1 = 1.32807 and later to R2 = 1.33387. Overextension of price will lead us to R3, which is 1.34436. A breakout below daily pivot which is 1.31758 will technically lead us to S1 = 1.31178, and later to S2 = 1.30129. Overextension of price will lead us to S3, which is 1.29549. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.29549 1.30129 1.31178 1.31758 1.32807 1.33387 1.34436


USDCHF

The USDCHF pair closed on Wednesday, 27th of July 2016, at 0.98603 A breakout below daily pivot which is 0.98884 will technically lead us to S1 = 0.98273 and later to S2 = 0.97963. Overextension of price will lead us to S3, which is 1.97352. A breakout above daily pivot which is 0.98884 will technically lead us to R1 = 0.99194, and later to R2 = 0.99805. Overextension of price will lead us to R3, which is 1.00115. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.97352 0.97963 0.98273 0.98884 0.99194 0.99805 1.00115