{"id":75792,"date":"2015-07-27T01:30:51","date_gmt":"2015-07-27T05:30:51","guid":{"rendered":"http:\/\/countingpips.com\/?p=75792"},"modified":"2015-07-27T07:14:53","modified_gmt":"2015-07-27T11:14:53","slug":"eurusd-intends-to-penetrate-the-resistance-level-at-1-1008","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/07\/eurusd-intends-to-penetrate-the-resistance-level-at-1-1008\/","title":{"rendered":"EURUSD intends to penetrate the resistance level at 1.1008."},"content":{"rendered":"<div id=\"inves-4030466231\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 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><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/up.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-768\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/up.jpg\" alt=\"Up Trend\" width=\"22\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">1.1008<\/td>\n<td class=\"resistance\">1.1037<\/td>\n<td class=\"resistance\">1.1079<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.0938<\/td>\n<td class=\"support\">1.0896<\/td>\n<td class=\"support\">1.0868<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">EURUSD\u00a0intends to penetrate the hurdle at 1.1008. If that happens, the next resistance is seen at 1.1037 and even higher at 1.1079.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A tumble of the market will lead the pair to find support at the daily pivot point at 1.0938.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/07\/EURUSDH418.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8441\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/07\/EURUSDH418-300x150.png\" alt=\"EURUSDH4\" width=\"300\" height=\"150\" \/><\/a><\/p>\n<p>&nbsp;<\/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><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/up.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-768\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/up.jpg\" alt=\"Up Trend\" width=\"22\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">1.5530<\/td>\n<td class=\"resistance\">1.5557<\/td>\n<td class=\"resistance\">1.5589<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.5471<\/td>\n<td class=\"support\">1.5439<\/td>\n<td class=\"support\">1.5412<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The\u00a0pair\u00a0is now testing the critical resistance at 1.5530. A successful attempt to surpass this level will most likely trigger the market to target the resistance level at 1.5557 and further up to 1.5589.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">On the other hand, a plunge of GBPUSD will lead the market to face the daily pivot (1.5498) and then lower at 1.5471.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/07\/GBPUSDH419.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8442\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/07\/GBPUSDH419-300x150.png\" alt=\"GBPUSDH4\" width=\"300\" height=\"150\" \/><\/a><\/p>\n<p>&nbsp;<\/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><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-786\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\" alt=\"Down Trend\" width=\"27\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">0.9646<\/td>\n<td class=\"resistance\">0.9671<\/td>\n<td class=\"resistance\">0.9708<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.9584<\/td>\n<td class=\"support\">0.9547<\/td>\n<td class=\"support\">0.9522<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">USDCHF\u00a0is oscillating around the daily pivot point at 0.9609. A decisive movement to the south will push prices to find support at 0.9584. Further drop of the market will lead the exchange rate to hit the support level at 0.9547.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">An upward wave would generate strength for the market to exceed the daily pivot, with immediate target the resistance at 0.9646.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/07\/USDCHFH419.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8443\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/07\/USDCHFH419-300x150.png\" alt=\"USDCHFH4\" width=\"300\" height=\"150\" \/><\/a><\/p>\n<p>&nbsp;<\/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><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/up.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-768\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/up.jpg\" alt=\"Up Trend\" width=\"22\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">123.74<\/td>\n<td class=\"resistance\">124.09<\/td>\n<td class=\"resistance\">124.47<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">123.24<\/td>\n<td class=\"support\">122.91<\/td>\n<td class=\"support\">122.52<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The USDJPY pair has entered within the cloud, after a violation of the upper level of the Kumo. A comeback of the market will lift the currency pair to breach the hurdle at 123.74, targeting the resistance level at 124.09.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A deeper correction within the cloud will see the support levels at 123.24 and even lower at 122.91.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/07\/USDJPYH419.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8444\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/07\/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><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-786\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\" alt=\"Down Trend\" width=\"27\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">0.7340<\/td>\n<td class=\"resistance\">0.7401<\/td>\n<td class=\"resistance\">0.7442<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.7238<\/td>\n<td class=\"support\">0.7197<\/td>\n<td class=\"support\">0.7136<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">AUDUSD is negotiating slightly below the daily pivot at 0.7299. Any downward momentum will push the pair to reach the support level at 0.7238 and then lower at 0.7197.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A higher thrust of the market will fuel the pair to penetrate the daily pivot. The next resistance is seen at 0.7340.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/07\/AUDUSDH418.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8440\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/07\/AUDUSDH418-300x150.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","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime EURUSD H4 Resistance 1.1008 1.1037 1.1079 Support 1.0938 1.0896 1.0868 Primary Scenario EURUSD\u00a0intends to penetrate the hurdle at 1.1008. If that happens, the next resistance is seen at 1.1037 and even higher at 1.1079. Alternative Scenario A tumble of the market will lead the pair to find support at the daily pivot [&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-75792","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/75792","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=75792"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/75792\/revisions"}],"predecessor-version":[{"id":75816,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/75792\/revisions\/75816"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=75792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=75792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=75792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}