{"id":71165,"date":"2015-04-17T01:31:56","date_gmt":"2015-04-17T05:31:56","guid":{"rendered":"http:\/\/countingpips.com\/?p=71165"},"modified":"2015-04-17T07:53:01","modified_gmt":"2015-04-17T11:53:01","slug":"usdjpy-the-bearish-outlook-remains-in-effect","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/04\/usdjpy-the-bearish-outlook-remains-in-effect\/","title":{"rendered":"USDJPY: The bearish outlook remains in effect."},"content":{"rendered":"
April 17, 2015<\/div>
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Article by ForexTime<\/a><\/p>\n\n\n\n\n\n\n\n
\"EURUSD<\/a><\/td>\nEURUSD<\/td>\nH4<\/td>\n\"Up<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.0843<\/td>\n1.0926<\/td>\n1.1036<\/td>\n<\/tr>\n
Support<\/td>\n1.0650<\/td>\n1.0541<\/td>\n1.0458<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD\u00a0has successfully\u00a0penetrated the daily pivot (1.0734) \u2013 a key resistance. If the pair manages to withhold the sellers\u2019 pressure, it will climb towards the resistance level at 1.0843 and even higher at 1.0926.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nShould the pair manage to break back below the daily pivot, the next support is seen at 1.0650.<\/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\"Up<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.4996<\/td>\n1.5061<\/td>\n1.5153<\/td>\n<\/tr>\n
Support<\/td>\n1.4838<\/td>\n1.4746<\/td>\n1.4681<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair is following an uptrend. A persistent trading above the daily pivot at 1.4904 will most likely generate strength for the market to target the resistance level at 1.4996 and then higher at 1.5061.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a tumble of GBPUSD below the daily pivot will push the pair to hit the support level at 1.4838.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"GBPUSDH4\"<\/a><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n
\"USDCHF<\/a><\/td>\nUSDCHF<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.9664<\/td>\n0.9773<\/td>\n0.9835<\/td>\n<\/tr>\n
Support<\/td>\n0.9493<\/td>\n0.9430<\/td>\n0.9322<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF is following a bearish sentiment and it is now negotiating below the daily pivot point at 0.9601.\u00a0A decisive movement to the south will push prices to find support at 0.9493 and further down to 0.9430.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAn upside momentum would bring the exchange rate into a correction course, exceeding the daily pivot and targeting the resistance at 0.9664.<\/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\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n119.13<\/td>\n119.43<\/td>\n119.72<\/td>\n<\/tr>\n
Support<\/td>\n118.78<\/td>\n118.32<\/td>\n117.82<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe bearish outlook remains in effect. If USDJPY manages to extend its downtrend, it will violate the support level at 118.78. The next support is estimated at 118.32.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA higher thrust of the market will lift the pair towards the resistance levels at 119.13 and 119.43.<\/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\"Up<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.7858<\/td>\n0.7914<\/td>\n0.8007<\/td>\n<\/tr>\n
Support<\/td>\n0.7708<\/td>\n0.7615<\/td>\n0.7559<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0indicated bullish implications, after successfully surpassing the daily pivot point at 0.7765. A sustained trading above this level will trigger the market to target the forthcoming resistance levels at 0.7858 and 0.7914.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA reversal back below the daily pivot will open the way down to 0.7708.<\/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

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

Article by ForexTime EURUSD H4 Resistance 1.0843 1.0926 1.1036 Support 1.0650 1.0541 1.0458 Primary Scenario EURUSD\u00a0has successfully\u00a0penetrated the daily pivot (1.0734) \u2013 a key resistance. If the pair manages to withhold the sellers\u2019 pressure, it will climb towards the resistance level at 1.0843 and even higher at 1.0926. Alternative Scenario Should the pair manage to […]<\/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-71165","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/71165","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=71165"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/71165\/revisions"}],"predecessor-version":[{"id":71181,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/71165\/revisions\/71181"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=71165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=71165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=71165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}