{"id":70961,"date":"2015-04-13T04:45:52","date_gmt":"2015-04-13T08:45:52","guid":{"rendered":"http:\/\/countingpips.com\/?p=70961"},"modified":"2015-04-13T07:25:04","modified_gmt":"2015-04-13T11:25:04","slug":"audusd-has-violated-the-critical-support-level-at-0-7636-and-0-7594","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/04\/audusd-has-violated-the-critical-support-level-at-0-7636-and-0-7594\/","title":{"rendered":"AUDUSD has violated the critical support level at 0.7636 and 0.7594."},"content":{"rendered":"
April 13, 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>\n1.0668<\/td>\n1.0733<\/td>\n1.0784<\/td>\n<\/tr>\n
Support<\/td>\n1.0552<\/td>\n1.0502<\/td>\n1.0437<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD faced fresh lows in the previous session. If the pair manages to extend its downtrend, it will drop further towards the support level at 1.0552 and then lower at 1.0502. RSI is trading within an oversold territory.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAn upward momentum would bring the exchange rate into a correction course targeting the daily pivot at 1.0617 and even higher at 1.0668.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"EURUSDH4\"<\/a>
\n<\/a>
\n<\/a>
\n<\/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>\n1.4707<\/td>\n1.4784<\/td>\n1.4845<\/td>\n<\/tr>\n
Support<\/td>\n1.4570<\/td>\n1.4509<\/td>\n1.4432<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair is now testing the previous bottom at 1.4570. Should GBPUSD achieve to violate this level will lead the market underway down to 1.4509 and further down to 1.4432.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, an upward wave will lift the market above the daily pivot point at 1.4647, targeting the next resistance at 1.4707. RSI oscillator supports this outlook.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"GBPUSDH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"USDCHF<\/a><\/td>\nUSDCHF<\/td>\nH4<\/td>\n\"Up<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.9831<\/td>\n0.9876<\/td>\n0.9917<\/td>\n<\/tr>\n
Support<\/td>\n0.9745<\/td>\n0.9704<\/td>\n0.9659<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF is negotiating narrowly above the daily pivot at 0.9790. Any decisive movement to the north will most likely trigger the market to penetrate the hurdle at 0.9831. The next resistance is seen at 0.9876.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA\u00a0reversal back of the currency pair will push prices to find support at 0.9745.<\/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<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n120.73<\/td>\n121.20<\/td>\n122.03<\/td>\n<\/tr>\n
Support<\/td>\n120.29<\/td>\n119.77<\/td>\n119.33<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDJPY is ranging between 119.70 and 120.73. If bulls take control of the bears, the market will gain momentum to exceed the obstacle at 120.73 with immediate target the resistance level at 121.20.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA\u00a0setback of the exchange rate will push the pair to\u00a0breach the support at\u00a0120.29, falling lower down to 119.77.<\/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>\n0.7719<\/td>\n0.7761<\/td>\n0.7802<\/td>\n<\/tr>\n
Support<\/td>\n0.7636<\/td>\n0.7594<\/td>\n0.7552<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nA strong bearish movement led AUDUSD to violate the critical support level at 0.7636 and 0.7594. Further drop of the market will lead the currency pair to target the next support levels at 0.7552 and then lower at 0.7477 (Fibonacci support level 161.8%).<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA\u00a0bounce up would trigger the market\u00a0to surpass the resistance at 0.7594, targeting the next level at 0.7636.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"AUDUSDH4\"<\/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

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

Article by ForexTime EURUSD H4 Resistance 1.0668 1.0733 1.0784 Support 1.0552 1.0502 1.0437 Primary Scenario EURUSD faced fresh lows in the previous session. If the pair manages to extend its downtrend, it will drop further towards the support level at 1.0552 and then lower at 1.0502. RSI is trading within an oversold territory. Alternative Scenario […]<\/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-70961","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/70961","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=70961"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/70961\/revisions"}],"predecessor-version":[{"id":70981,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/70961\/revisions\/70981"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=70961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=70961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=70961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}