{"id":60752,"date":"2014-09-23T01:53:27","date_gmt":"2014-09-23T05:53:27","guid":{"rendered":"http:\/\/countingpips.com\/?p=60752"},"modified":"2014-09-23T07:09:07","modified_gmt":"2014-09-23T11:09:07","slug":"usdjpy-the-pair-is-currently-showing-some-hesitancy-in-the-area","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/09\/usdjpy-the-pair-is-currently-showing-some-hesitancy-in-the-area\/","title":{"rendered":"USDJPY: The pair is currently showing some hesitancy in the area."},"content":{"rendered":"<div id=\"inves-3067363979\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 23, 2014<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<table class=\"technical-analysis\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/eurusd-technical-analysis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-763\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/eurusd-technical-analysis.jpg\" alt=\"EURUSD Technical Analysis\" width=\"61\" height=\"20\" \/><\/a><\/td>\n<td class=\"title currency-pair\">EURUSD<\/td>\n<td class=\"title interval\">H4<\/td>\n<td><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-766\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/up-trend1.jpg\" alt=\"Up Trend\" width=\"17\" height=\"20\" \/><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">1.2871<\/td>\n<td class=\"resistance\">1.2895<\/td>\n<td class=\"resistance\">1.2923<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.2820<\/td>\n<td class=\"support\">1.2792<\/td>\n<td class=\"support\">1.2769<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">EURUSD is gyrating the daily pivot at 1.2843. An impulsive movement upwards will bring the pair into a correction course from its major trend, targeting the resistance levels at 1.2871 and 1.2895.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A setback of the market, will violate the daily pivot. The exchange rate will most likely retest the support at 1.2820.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/09\/EURUSD16.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-3936\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/09\/EURUSD16-300x145.jpg\" alt=\"EURUSD\" width=\"300\" height=\"145\" \/><\/a><\/p>\n<table class=\"technical-analysis\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/gbpusd-technical-analysis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-777\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/gbpusd-technical-analysis.jpg\" alt=\"GBPUSD Technical Analysis\" width=\"64\" height=\"20\" \/><\/a><\/td>\n<td class=\"title currency-pair\">GBPUSD<\/td>\n<td class=\"title interval\">H4<\/td>\n<td><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-766\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/up-trend1.jpg\" alt=\"Up Trend\" width=\"17\" height=\"20\" \/><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">1.6388<\/td>\n<td class=\"resistance\">1.6416<\/td>\n<td class=\"resistance\">1.6466<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.6310<\/td>\n<td class=\"support\">1.6260<\/td>\n<td class=\"support\">1.6232<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The pair is heading to the hurdle at 1.6388. A successful attempt to penetrate this level, will trigger the market to move higher towards the resistance level at 1.6416 and then higher at 1.6466.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">On the other hand, a reversal movement back will push prices to find support at the daily pivot (1.6338) and even lower at 1.6310.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/09\/GBPUSD16.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-3937\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/09\/GBPUSD16-300x145.jpg\" alt=\"GBPUSD\" width=\"300\" height=\"145\" \/><\/a><\/p>\n<table class=\"technical-analysis\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/usdchf-technical-analysis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-779\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/usdchf-technical-analysis.jpg\" alt=\"USDCHF Technical Analysis\" width=\"63\" height=\"20\" \/><\/a><\/td>\n<td class=\"title currency-pair\">USDCHF<\/td>\n<td class=\"title interval\">H4<\/td>\n<td><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-786\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\" alt=\"Down Trend\" width=\"27\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">0.9419<\/td>\n<td class=\"resistance\">0.9440<\/td>\n<td class=\"resistance\">0.9461<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.9377<\/td>\n<td class=\"support\">0.9357<\/td>\n<td class=\"support\">0.9335<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">USDCHF is pivoting around the daily pivot at 0.9398. Any decisive movement downwards will lead the pair to drop and retest the support at 0.9377 and further down to 0.9357.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A surge of the market, will generate strength for the exchange rate to exceed the daily pivot. The next resistance is seen at 0.9419.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/09\/USDCHF16.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-3938\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/09\/USDCHF16-300x145.jpg\" alt=\"USDCHF\" width=\"300\" height=\"145\" \/><\/a><\/p>\n<table class=\"technical-analysis\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/usdjpy-technical-analysis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-781\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/usdjpy-technical-analysis.jpg\" alt=\"USDJPY Technical Analysis\" width=\"59\" height=\"20\" \/><\/a><\/td>\n<td class=\"title currency-pair\">USDJPY<\/td>\n<td class=\"title interval\">H4<\/td>\n<td><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-766\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/up-trend1.jpg\" alt=\"Up Trend\" width=\"17\" height=\"20\" \/><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">108.87<\/td>\n<td class=\"resistance\">109.44<\/td>\n<td class=\"resistance\">109.98<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">108.58<\/td>\n<td class=\"support\">108.27<\/td>\n<td class=\"support\">107.95<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The pair is currently showing some hesitancy in the area. A bounce up of USDJPY, will accelerate the market to surpass the hurdle at 108.87 and target higher the resistance level at 109.44.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">Alternatively, a breach of the key support at 108.58 will push prices lower to the forthcoming support at 108.27.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/09\/USDJPY16.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-3939\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/09\/USDJPY16-300x145.jpg\" alt=\"USDJPY\" width=\"300\" height=\"145\" \/><\/a><\/p>\n<table class=\"technical-analysis\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/audusd-technical-analysis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-782\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/audusd-technical-analysis.jpg\" alt=\"AUDUSD Technical Analysi\" width=\"81\" height=\"20\" \/><\/a><\/td>\n<td class=\"title currency-pair\">AUDUSD<\/td>\n<td class=\"title interval\">H4<\/td>\n<td><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-766\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/up-trend1.jpg\" alt=\"Up Trend\" width=\"17\" height=\"20\" \/><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">0.8929<\/td>\n<td class=\"resistance\">0.8987<\/td>\n<td class=\"resistance\">0.9025<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.8833<\/td>\n<td class=\"support\">0.8794<\/td>\n<td class=\"support\">0.8736<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">AUDUSD is now poised to test the resistance level at 0.8929. If the pair manages to withstand the sellers\u2019 pressure, it will climb towards the resistance at 0.8987 and further higher at 0.9025.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">Any forceful movement to the south, will lead the pair below the daily pivot point (0.8890) and then lower to 0.8833.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/09\/AUDUSD16.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-3935\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/09\/AUDUSD16-300x145.jpg\" alt=\"AUDUSD\" width=\"300\" height=\"145\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime EURUSD H4 Resistance 1.2871 1.2895 1.2923 Support 1.2820 1.2792 1.2769 Primary Scenario EURUSD is gyrating the daily pivot at 1.2843. An impulsive movement upwards will bring the pair into a correction course from its major trend, targeting the resistance levels at 1.2871 and 1.2895. Alternative Scenario A setback of the market, will [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-60752","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/60752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=60752"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/60752\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=60752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=60752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=60752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}