23 June Pivot Points

  23 June, AtoZForex – Today we have market expectations and setups along with pivot points for three currency pairs. 

Magic EURUSD trading strategy for June 23

Based on today’s AtoZ Magic Forex Trading Strategy analysis for EURUSD saw bullish price developments with price trading above 100SMA and today’s R1 level. With that in mind we expect further bullish continuation towards to R2 level. If bears manage to take control from R2 level we expect the pair to continue on a bearish direction towards to pivoted level and 100SMA at 1.1156 level. Hence, stochastic indicator is trading at 80 level with a bullish slope. 

Today’s Pivot points and trade setups for EURUSD are as follows: 

Pivot Point: 1.1156

 R1: 1.173, R2: 1.1195, R3: 1.1211

 S1: 1.1134, S2: 1.1117, S3: 1.1096 

 Fx Pending SELL LIMIT @ 1.1194 With Stop Loss: 1.1230 and Take Profit: 1.1155

Magic GBPUSD trading strategy for June 23

According to AtoZ magic Forex Trading Strategy for GBPUSD saw sharp bullish price developments and price is currently trading above R3 level. However, sellers can be found at 1.2760 and 1.2780 level respectively. Moreover, stochastic indicator has strong bullish signal. Although, we can expect some correction from this pair from 1.2780 towards to 1.2730 level.  

Today’s Pivot points and entry levels for GBPUSD are as follows: 

Pivot Point: 1.2675

 R1: 1.2695, R2: 1.2712, R3:1.2733 

S1: 1.2659, S2: 1.2638, S3: 1.2622   

Magic AUDUSD trading strategy for June 23

For today's AUDUSD AtoZ magic Forex Trading Strategy saw the price retracing from R2 level and 100SMA. However, a break above those levels will indicate further bullish price developments towards to R3 level. Stochastic indicator is trading above 80 level with a bullish slope. 

 Today’s Pivot points and entry levels for AUDUSD are as follows: 

Pivot Point: 0.7544 

R1: 0.7556, R2: 0.7572, R3: 0.7583 

S1: 0.7530, S2: 0.7519, S3: 0.7503 

Fx Pending SELL LIMIT @ 0.7572 With Stop Loss: 0.7610 and Take Profit: 0.7545