EURUSD

The EURUSD pair closed Wednesday, 16th of March 2016, at 1.12156. A breakout above daily pivot which is 1.11708 will technically lead us to R1 = 1.12413, and later to R2 = 1.12848. Overextension of price will lead us to R3, which is 1.15110. A breakout below daily pivot which is 1.11708 will technically lead us to S1 = 1.11002 and later to S2 = 1.10567. Overextension of price will lead us to S3, which is 1.09862. Exponential moving average of 21 periods indicates a bullish price movement.

Important Economic News

  • 08:30 – GMT – CHF – Libor Rate
  • 08:30 – GMT – CHF – SNB Monetary Policy Assessment
  • 12:00 – GMT – GBP – MPC Official Bank Rate Votes
  • 12:00 – GMT – GBP – Monetary Policy Summary
  • 12:30 – GMT – USD – Philly Fed Manufacturing Index
  • 12:30 – GMT – USD – Unemployment Claims

Pivot Point 1 Hour

  S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.09862 1.10567 1.11002 1.11708 1.12413 1.12848 1.15110

 


USDJPY

The USDJPY pair closed on Wednesday, 16th of March 2016, at 112.744. A breakout below daily pivot which is 112.939 will technically lead us to S1 = 112.369, and later to S2 = 112.017 Overextension of price will lead us to S3, which is 111.447. A breakout above daily pivot which is 112.939 will technically lead us to R1 = 113.509, and later to R2 = 113.861. Overextension of price will lead us to R3, which is 114.431. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour

  S3 S2 S1 Daily Pivot R1 R2 R3
Classic 111.447 112.017 112.369 112.939 113.509 113.861 114.431

USDJPY 18/03


GBPUSD

The GBPUSD pair closed on Wednesday, 16th of March 2016, at 1.42495. A breakout above daily pivot which is 1.41920 will technically lead us to R1 = 1.42764 and later to R2 = 1.43285. Overextension of price will lead us to R3, which is 1.44128. A breakout below daily pivot which is 1.41920 will technically lead us to S1 = 1.41077, and later to S2 = 1.40556. Overextension of price will lead us to S3, which is 1.39712. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour

  S3 S2 S1 Daily Pivot R1 R2 R3
Classic 1.39712 1.40556 1.41077 1.41920 1.42764 1.43285 1.44128

GBPUSD 18/03


USDCHF

The USDCHF pair closed on Wednesday, 16th of March 2016, at 0.97800 A breakout below daily pivot which is 0.98149 will technically lead us to S1 = 0.97524 and later to S2 = 0.97139. Overextension of price will lead us to S3, which is 0.96515. A breakout above daily pivot which is 0.98149 will technically lead us to R1 = 0.98773, and later to R2 = 0.99158. Overextension of price will lead us to R3, which is 0.99783. Exponential moving average of 21 periods indicates a bearish price movement.

Pivot Point 1 Hour

  S3 S2 S1 Daily Pivot R1 R2 R3
Classic 0.96515 0.97139 0.97524 0.98149 0.98773 0.99158 0.99783

USDCHF 18/03

The information provided is for educational purposes only and should not be considered as investment advice.