HiWayFX - Analytics

    HiWayFX

    449.00 9.50/10
    33% of positive reviews
    Real

    Technical Analysis - 25/05/2016

    EURUSD

    The EURUSD pair closed on Tuesday, 24th of May 2016, at 1.11398. A breakout below daily pivot which is 1.11659 will technically lead us to S1 = 1.11053, and later to S2 = 1.10706. Overextension of price will lead us to S3, which is 1.10100. A breakout above daily pivot which is 1.11659 will technically lead us to R1 = 1.12006 and later to R2 = 1.12612. Overextension of price will lead us to R3, which is 1.12959. Exponential moving average of 21 periods indicates a bullish price movement.

    Important Economic News

    • 08:00 – GMT – EUR – German Ifo Business Climate
    • 14:00 – GMT – CAD – BOC Rate Statement
    • 14:00 – GMT – CAD – Overnight Rate
    • 14:30 – GMT – USD – Crude Oil Inventories  

    Pivot Point 1 Hour

     

      S3 S2 S1 Daily Pivot R1 R2 R3
    Classic 1.10100 1.10706 1.11053 1.11659 1.12006 1.12612 1.12959


    USDJPY

     

    The USDJPY pair closed on Tuesday, 24th of May 2016, at 109.987. A breakout above daily pivot which is 109.750 will technically lead us to R1 = 110.339 and later to R2 = 110.703 Overextension of price will lead us to R3, which is 111.292. A breakout below daily pivot which is 109.750 will technically lead us to S1 = 109.386, and later to S2 = 108.797. Overextension of price will lead us to S3, which is 108.433. Exponential moving average of 21 periods indicates a bearish price movement.

    Pivot Point 1 Hour

     

      S3 S2 S1 Daily Pivot R1 R2 R3
    Classic 108.433 108.797 109.386 109.750 110.339 110.703 111.292


    GBPUSD

     

    The GBPUSD pair closed Tuesday, 24th of May 2016, at 1.46308. A breakout above daily pivot which is 1.45825 will technically lead us to R1 = 1.46919 and later to R2 = 1.47506. Overextension of price will lead us to R3, which is 1.48600. A breakout below daily pivot which is 1.45825 will technically lead us to S1 = 1.45238, and later to S2 = 1.44144. Overextension of price will lead us to S3, which is 1.43557. Exponential moving average of 21 periods indicates a bearish price movement.

    Pivot Point 1 Hour

     

      S3 S2 S1 Daily Pivot R1 R2 R3
    Classic 1.43557 1.44144 1.45238 1.45825 1.46919 1.47506 1.48600


    USDCHF

     

    The USDCHF pair closed on Tuesday, 24th of May 2016, at 0.99300 A breakout above daily pivot which is 0.99190 will technically lead us to R1 = 0.99488 and later to R2 = 0.99666. Overextension of price will lead us to R3, which is 0.99964. A breakout below daily pivot which is 0.99190 will technically lead us to S1 = 0.99012, and later to S2 = 0.98714. Overextension of price will lead us to S3, which is 0.98536. Exponential moving average of 21 periods indicates a bearish price movement.

    Pivot Point 1 Hour

     

      S3 S2 S1 Daily Pivot R1 R2 R3
    Classic 0.98536 0.98714 0.99012 0.99190 0.99488 0.99666 0.99964



    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree