{"id":61323,"date":"2014-10-03T01:52:48","date_gmt":"2014-10-03T05:52:48","guid":{"rendered":"http:\/\/countingpips.com\/?p=61323"},"modified":"2014-10-03T07:10:57","modified_gmt":"2014-10-03T11:10:57","slug":"usdjpy-is-testing-the-upper-level-of-the-cloud","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/10\/usdjpy-is-testing-the-upper-level-of-the-cloud\/","title":{"rendered":"USDJPY is testing the upper level of the cloud."},"content":{"rendered":"
October 3, 2014<\/div>
\r\n<\/div><\/div>

Article by ForexTime<\/a><\/p>\n\n\n\n\n\n\n\n
\"EURUSD<\/a><\/td>\nEURUSD<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.2706<\/td>\n1.2744<\/td>\n1.2790<\/td>\n<\/tr>\n
Support<\/td>\n1.2621<\/td>\n1.2575<\/td>\n1.2537<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD is pivoting around the daily pivot at 1.2659. If the history repeats, will push prices lower to hit the support level at 1.2621. A further drop of the market will lead the pair to find support at 1.2575.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nShould the pair manage to surpass above the daily pivot, will target the next resistance at 1.2706.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"EURUSD\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"GBPUSD<\/a><\/td>\nGBPUSD<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.6224<\/td>\n1.6305<\/td>\n1.6361<\/td>\n<\/tr>\n
Support<\/td>\n1.6087<\/td>\n1.6031<\/td>\n1.5950<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair finally breached the daily pivot (1.6168). If GBPUSD achieves to extend its downtrend, it will move lower to the supports at 1.6087 and 1.6031.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA higher thrust of the market, will generate strength for the pair to reach the daily pivot and further up at 1.6224.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"GBPUSD\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"USDCHF<\/a><\/td>\nUSDCHF<\/td>\nH4<\/td>\n\"Up<\/td>\n<\/tr>\n
Resistance<\/td>\n0.9573<\/td>\n0.9607<\/td>\n0.9636<\/td>\n<\/tr>\n
Support<\/td>\n0.9510<\/td>\n0.9482<\/td>\n0.9448<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF has been trapped between the support level at 0.9510 and the resistance level at 0.9573. A decisive movement upwards will lift the pair to retest the hurdle at 0.9573 and even higher at 0.9607.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA break back below the daily pivot, will push prices to find support at 0.9510.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"USDCHF\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"USDJPY<\/a><\/td>\nUSDJPY<\/td>\nH4<\/td>\n\"Up<\/td>\n<\/tr>\n
Resistance<\/td>\n108.94<\/td>\n109.36<\/td>\n110.07<\/td>\n<\/tr>\n
Support<\/td>\n108.56<\/td>\n108.13<\/td>\n107.73<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDJPY is now on an attempt to test the upper level of the kumo at 108.94. A successful penetration of this level will trigger the market to hit the next resistance at 109.36.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA comeback of the pair will lead the pair towards the support within the cloud at 108.56.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"USDJPY\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"AUDUSD<\/a><\/td>\nAUDUSD<\/td>\nH4<\/td>\n\"Up<\/td>\n<\/tr>\n
Resistance<\/td>\n0.8843<\/td>\n0.8884<\/td>\n0.8944<\/td>\n<\/tr>\n
Support<\/td>\n0.8742<\/td>\n0.8683<\/td>\n0.8641<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair is hovering above the daily pivot at 0.8783. A bounce up from current levels, will push the market to target the resistance level at 0.8843. The next resistance is estimated at 0.8884.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nIf AUDUSD manages to violate the daily pivot, it will fall lower, targeting the support at 0.8742.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"AUDUSD\"<\/a><\/p>\n

 <\/p>\n

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\"Forex-Time-Logo\"Article by ForexTime<\/a><\/span><\/strong><\/p>\n

ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 www.forextime.com<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Article by ForexTime EURUSD H4 Resistance 1.2706 1.2744 1.2790 Support 1.2621 1.2575 1.2537 Primary Scenario EURUSD is pivoting around the daily pivot at 1.2659. If the history repeats, will push prices lower to hit the support level at 1.2621. A further drop of the market will lead the pair to find support at 1.2575. Alternative […]<\/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-61323","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/61323","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=61323"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/61323\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=61323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=61323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=61323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}