December 21, 2015
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.0887 | 1.0915 | 1.0957 |
| Support | 1.0817 | 1.0776 | 1.0748 |
| Primary Scenario | EURUSD is now heading towards the hurdle at 1.0887. A successful penetration of this level will fuel the pair further, targeting the resistance at 1.0915 and even higher at 1.0957. | ||
| Alternative Scenario | A comeback of the exchange rate would push prices to find support at the daily pivot (1.0845) and then lower at 1.0817 | ||
 | GBPUSD | H4 | |
| Resistance | 1.4931 | 1.4972 | 1.4995 |
| Support | 1.4867 | 1.4844 | 1.4803 |
| Primary Scenario | The pair is gyrating the daily pivot point at 1.4908. If GBPUSD achieves to exceed the barrier at 1.4931, it will climb towards the resistance at 1.4972. | ||
| Alternative Scenario | Alternatively, should the pair manage to break below the daily pivot, the next support is seen at 1.4867. | ||
 | USDCHF | H4 |  |
| Resistance | 0.9954 | 0.9995 | 1.0015 |
| Support | 0.9894 | 0.9874 | 0.9833 |
| Primary Scenario | USDCHF has finally plunged below the daily pivot point (0.9934). Further drop of the market will push the pair to find support at 0.9894 and even lower at 0.9874. | ||
| Alternative Scenario | If the pair manages to surpass the daily pivot, it will lift the exchange rate towards the resistance level at 0.9954. | ||
 | USDJPY | H4 | |
| Resistance | 121.50 | 121.95 | 122.59 |
| Support | 121.03 | 120.57 | 120.33 |
| Primary Scenario | The pair is negotiating slightly below the cloud. A decisive movement to the south will lead USDJPY to breach the support at 121.03, with immediate target the forthcoming level at 120.57. | ||
| Alternative Scenario | On the other hand, an upward wave would trigger the market to enter the Kumo and to eliminate the barrier at 121.50. The next resistance is estimated at 121.95. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7210 | 0.7249 | 0.7298 |
| Support | 0.7121 | 0.7072 | 0.7033 |
| Primary Scenario | AUDUSD is trading above the daily pivot at 0.7160. A bounce up from current levels will generate strength for the market to hit the resistance at 0.7210 and further up to 0.7249. | ||
| Alternative Scenario. | A tumble of the market below the daily pivot will lead the pair to find support at 0.7121. | ||
Article by ForexTime
ForexTime Ltd (FXTM) is an award winning international online forex broker regulated by CySEC 185/12 www.forextime.com
