{"id":69046,"date":"2015-03-05T01:45:38","date_gmt":"2015-03-05T06:45:38","guid":{"rendered":"http:\/\/countingpips.com\/?p=69046"},"modified":"2015-03-05T06:50:50","modified_gmt":"2015-03-05T11:50:50","slug":"eurusd-is-now-testing-the-key-support-level-at-1-1030","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/03\/eurusd-is-now-testing-the-key-support-level-at-1-1030\/","title":{"rendered":"EURUSD is now testing the key support level at 1.1030."},"content":{"rendered":"
March 5, 2015<\/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>\n1.1154<\/td>\n1.1231<\/td>\n1.1278<\/td>\n<\/tr>\n
Support<\/td>\n1.1030<\/td>\n1.0983<\/td>\n1.0906<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD is now testing the key support level at 1.1030. A break below this level will push prices to find support at 1.0983. Further drop of the market will lead the exchange rate lower towards the next target at 1.0906.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAn upward wave would trigger the market to penetrate the daily pivot at 1.1107 and then higher at 1.1154. RSI oscillator supports this outlook.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"EURUSDH4\"<\/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>\n1.5339<\/td>\n1.5415<\/td>\n1.5459<\/td>\n<\/tr>\n
Support<\/td>\n1.5219<\/td>\n1.5175<\/td>\n1.5099<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair is heading towards the support level at 1.5219. A successful attempt to violate this level will open the way down to 1.5175.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA failed attempt to move lower will lead the market to a correction phase towards the daily pivot at 1.5295. RSI is trading at 24 within an oversold territory.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"GBPUSDH4\"<\/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>\n0.9671<\/td>\n0.9715<\/td>\n0.9754<\/td>\n<\/tr>\n
Support<\/td>\n0.9587<\/td>\n0.9548<\/td>\n0.9504<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF is negotiating near the hurdle at 0.9671. A fruitful movement upwards will lift the pair above this level, targeting the forthcoming resistance at 0.9715 and then higher at 0.9754.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA plunge of the pair below the daily pivot will push the pair to find support at 0.9587.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"USDCHFH4\"<\/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>\n119.89<\/td>\n120.25<\/td>\n120.47<\/td>\n<\/tr>\n
Support<\/td>\n119.67<\/td>\n119.37<\/td>\n119.14<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDJPY is now poised to retest the resistance level at 119.89. Should the pair achieve to penetrate this level, it will climb towards the next target at 120.25.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA setback of the market will lead the pair to hit the support at 119.67.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"USDJPYH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"AUDUSD<\/a><\/td>\nAUDUSD<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.7851<\/td>\n0.7887<\/td>\n0.7916<\/td>\n<\/tr>\n
Support<\/td>\n0.7786<\/td>\n0.7758<\/td>\n0.7722<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair is gyrating the daily pivot at 0.7823. A decisive movement to the south will push prices to reach the support at 0.7786. The next support is seen at 0.7758.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a higher thrust of AUDUSD will fuel the pair to exceed the daily pivot and even higher at 0.7851.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"AUDUSDH4\"<\/a><\/p>\n

 <\/p>\n

\n

\"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 1.1154 1.1231 1.1278 Support 1.1030 1.0983 1.0906 Primary Scenario EURUSD is now testing the key support level at 1.1030. A break below this level will push prices to find support at 1.0983. Further drop of the market will lead the exchange rate lower towards the next target at 1.0906. […]<\/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-69046","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/69046","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=69046"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/69046\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=69046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=69046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=69046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}