{"id":67135,"date":"2015-01-27T04:29:49","date_gmt":"2015-01-27T09:29:49","guid":{"rendered":"http:\/\/countingpips.com\/?p=67135"},"modified":"2015-01-27T08:08:16","modified_gmt":"2015-01-27T13:08:16","slug":"eurusd-recovered-from-the-previous-bottom","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/01\/eurusd-recovered-from-the-previous-bottom\/","title":{"rendered":"EURUSD recovered from the previous bottom."},"content":{"rendered":"<div id=\"inves-1816505333\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 27, 2015<\/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\">1.1322<\/td>\n<td class=\"resistance\">1.1407<\/td>\n<td class=\"resistance\">1.1519<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.1124<\/td>\n<td class=\"support\">1.1012<\/td>\n<td class=\"support\">1.0927<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">EURUSD recovered from the previous bottom and it is now trading above the daily pivot at 1.1209. A sustained trading above this level, will most likely lead the market to hit the resistance level at 1.1322 and even higher at 1.1407.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A plunge of the pair below the daily pivot will open the way down to the support level at 1.1124.<\/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\/2015\/01\/EURUSDH419.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-5909\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/01\/EURUSDH419-300x150.png\" alt=\"EURUSDH4\" width=\"300\" height=\"150\" \/><\/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\">1.5123<\/td>\n<td class=\"resistance\">1.5171<\/td>\n<td class=\"resistance\">1.5240<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.5007<\/td>\n<td class=\"support\">1.4938<\/td>\n<td class=\"support\">1.4890<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A strong movement led the pair to penetrate the daily pivot (1.5055). If GBPUSD manages to withhold the sellers\u2019 pressure, it will surpass the hurdle at 1.5123, targeting the forthcoming resistance at 1.5171.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A comeback of the market will push prices to find support at the daily pivot point at 1.5055.<\/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\/2015\/01\/GBPUSDH419.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-5910\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/01\/GBPUSDH419-300x150.png\" alt=\"GBPUSDH4\" width=\"300\" height=\"150\" \/><\/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><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\">0.9122<\/td>\n<td class=\"resistance\">0.9220<\/td>\n<td class=\"resistance\">0.9400<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.8844<\/td>\n<td class=\"support\">0.8664<\/td>\n<td class=\"support\">0.8566<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">USDCHF is surging today and it is poised to reach the resistance level at 0.9122. A successful attempt to exceed this level, will generate strength for the market to target the next level at 0.9220.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A setback of the exchange rate, will lead USDCHF to find support at the daily pivot (0.8942) and then lower at 0.8844.<\/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\/2015\/01\/USDCHFH419.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-5911\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/01\/USDCHFH419-300x150.png\" alt=\"USDCHFH4\" width=\"300\" height=\"150\" \/><\/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\">118.39<\/td>\n<td class=\"resistance\">118.81<\/td>\n<td class=\"resistance\">119.32<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">117.92<\/td>\n<td class=\"support\">117.23<\/td>\n<td class=\"support\">116.63<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The USDJPY pair is still negotiating above the Kumo. An upward wave would act as a catalyst for the market to penetrate the barrier at 118.39. The next resistance is seen at 118.81.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">Any fruitless attempt to move higher, will push the pair to hit the support level at the upper level of the cloud at 117.92.<\/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\/2015\/01\/USDJPYH419.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-5907\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/01\/USDJPYH419-300x150.png\" alt=\"USDJPYH4\" width=\"300\" height=\"150\" \/><\/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\">0.7951<\/td>\n<td class=\"resistance\">0.7979<\/td>\n<td class=\"resistance\">0.8026<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.7876<\/td>\n<td class=\"support\">0.7829<\/td>\n<td class=\"support\">0.7800<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">AUDUSD is now testing the hurdle at 0.7951. Any decisive movement to the north will lift the pair above this level, with immediate target the forthcoming resistance at 0.7979.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A failed attempt to breach the resistance level at 0.7951, will lead the pair down to the daily pivot at 0.7904.<\/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\/2015\/01\/AUDUSDH419.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-5908\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/01\/AUDUSDH419-300x150.png\" alt=\"AUDUSDH4\" width=\"300\" height=\"150\" \/><\/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 1.1322 1.1407 1.1519 Support 1.1124 1.1012 1.0927 Primary Scenario EURUSD recovered from the previous bottom and it is now trading above the daily pivot at 1.1209. A sustained trading above this level, will most likely lead the market to hit the resistance level at 1.1322 and even higher at [&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-67135","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/67135","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=67135"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/67135\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=67135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=67135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=67135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}