March 30, 2015
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.0955 | 1.1025 | 1.1102 |
| Support | 1.0807 | 1.0730 | 1.0660 |
| Primary Scenario | EURUSD is gyrating the daily pivot point at 1.0877. A decisive momentum to the south will push prices to find support at 1.0807 and further down to 1.0730. | ||
| Alternative Scenario | An upward wave would lead the market to exceed the daily pivot, targeting the resistance level at 1.0955. | ||
 | GBPUSD | H4 | |
| Resistance | 1.4931 | 1.4988 | 1.5055 |
| Support | 1.4806 | 1.4739 | 1.4682 |
| Primary Scenario | The cable is still moving sideways. A plunge of the market will push GBPUSD to hit the support level at 1.4806 and even lower at 1.4739. | ||
| Alternative Scenario | Should the pair manage to penetrate the daily pivot (1.4863), it will reach the resistance level at 1.4931. | ||
 | USDCHF | H4 |  |
| Resistance | 0.9680 | 0.9752 | 0.9814 |
| Support | 0.9546 | 0.9485 | 0.9413 |
| Primary Scenario | USDCHF is revolving the daily pivot at 0.9619. Any forceful movement the north will trigger the market to retest the hurdle at 0.9680. The next resistance level is seen at 0.9752. | ||
| Alternative Scenario | A break back below the daily pivot will lead the exchange rate towards the support at 0.9546. | ||
 | USDJPY | H4 | |
| Resistance | 119.48 | 119.89 | 120.39 |
| Support | 118.93 | 118.31 | 117.84 |
| Primary Scenario | USDJPY lost its momentum and is trading in the range of 119.48 and 118.93. A downward wave would put pressure to the currency pair to breach the obstacle at 118.93, opening the way down to the forthcoming support level at 118.31. | ||
| Alternative Scenario | On the other hand, a successful attempt to surpass the hurdle at 119.48 will lift the market towards the resistance level at 119.89. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7807 | 0.7865 | 0.7897 |
| Support | 0.7717 | 0.7685 | 0.7627 |
| Primary Scenario | The pair has just violated the key support at 0.7717. If AUDUSD manages to extend its downtrend, it will target the forthcoming support levels at 0.7685 and 0.7627. | ||
| Alternative Scenario | A reversal back above the now-resistance level at 0.7717 will bring the pair into a correction course towards the daily pivot point at 0.7775. | ||
Article by ForexTime
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