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Technical Analysis - 29/06/2016

HiWayFX

EURUSD

The EURUSD pair closed on Tuesday, 28th of June 2016, at 1.10744. A breakout above daily pivot which is 1.10613 will technically lead us to R1 = 1.11130, and later to R2 = 1.11629. Overextension of price will lead us to R3, which is 1.12146. A breakout below daily pivot which is 1.10613 will technically lead us to S1 = 1.10114 and later to S2 = 1.09597. Overextension of price will lead us to S3, which is 1.09098. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

14:30 – GMT – USD – Crude Oil Inventories
Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.09098 1.09597 1.10114 1.10613 1.11130 1.11629 1.12146


USDJPY

The USDJPY pair closed on Tuesday, 28th of June 2016, at 103.205. A breakout above daily pivot which is 102.378 will technically lead us to R1 = 103.205 and later to R2 = 103.662 Overextension of price will lead us to R3, which is 104.489. A breakout below daily pivot which is 102.378 will technically lead us to S1 = 101.921, and later to S2 = 101.094. Overextension of price will lead us to S3, which is 100.637. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 100.637 101.094 101.921 102.378 103.205 103.662 104.489


GBPUSD

The GBPUSD pair closed on Tuesday, 28th of June 2016, at 1.33462. A breakout above daily pivot which is 1.33181 will technically lead us to R1 = 1.34366 and later to R2 = 1.35363. Overextension of price will lead us to R3, which is 1.36548. A breakout below daily pivot which is 1.33181 will technically lead us to S1 = 1.32184, and later to S2 = 1.30999. Overextension of price will lead us to S3, which is 1.30002. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.30002 1.30999 1.32184 1.33181 1.34366 1.35363 1.36548


USDCHF

The USDCHF pair closed on Tuesday, 28th of June 2016, at 0.98016 A breakout below daily pivot which is 0.98050 will technically lead us to S1 = 0.97735 and later to S2 = 0.97308. Overextension of price will lead us to S3, which is 1.96993. A breakout above daily pivot which is 0.98050 will technically lead us to R1 = 0.98477, and later to R2 = 0.98792. Overextension of price will lead us to R3, which is 0.99219. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour
S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.96993 0.97308 0.97735 0.98050 0.98477 0.98792 0.99219

Source: https://www.hiwayfx.com/tools/technical-analysis/technical-analysis-29-06-2016
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