{"id":77068,"date":"2015-08-19T01:37:52","date_gmt":"2015-08-19T05:37:52","guid":{"rendered":"http:\/\/countingpips.com\/?p=77068"},"modified":"2015-08-19T07:23:38","modified_gmt":"2015-08-19T11:23:38","slug":"aussie-has-tested-the-critical-support-level-at-0-7310","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/08\/aussie-has-tested-the-critical-support-level-at-0-7310\/","title":{"rendered":"Aussie has tested the critical support level at 0.7310."},"content":{"rendered":"<div id=\"inves-895533236\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 19, 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\">1.1069<\/td>\n<td class=\"resistance\">1.1119<\/td>\n<td class=\"resistance\">1.1145<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.0994<\/td>\n<td class=\"support\">1.0967<\/td>\n<td class=\"support\">1.0918<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">EURUSD bounced up from the previous low and is now trading above the daily pivot point at 1.1043. If the pair manages to extend its correction, the next resistance is seen at 1.1069 and further up to 1.1119.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A tumble of the currency pair will push prices below the daily pivot, targeting the support level at 1.0994.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/08\/EURUSDH412.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8736\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/08\/EURUSDH412-300x150.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\">1.5727<\/td>\n<td class=\"resistance\">1.5799<\/td>\n<td class=\"resistance\">1.5882<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.5573<\/td>\n<td class=\"support\">1.5490<\/td>\n<td class=\"support\">1.5418<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The\u00a0pair is hovering around the daily pivot at 1.5644. Any decisive movement to the north will generate strength for GBPUSD to exceed the hurdle at 1.5727, with immediate target the forthcoming resistance at 1.5799.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">Alternatively, a break back below the daily pivot will open the way down to 1.5573.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/08\/GBPUSDH412.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8737\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/08\/GBPUSDH412-300x150.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\">0.9793<\/td>\n<td class=\"resistance\">0.9816<\/td>\n<td class=\"resistance\">0.9838<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.9749<\/td>\n<td class=\"support\">0.9728<\/td>\n<td class=\"support\">0.9705<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">USDCHF is gyrating the daily pivot point at 0.9772. A plunge of the market will lead the pair to retest\u00a0the support levels at 0.9749 and 0.9728.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">An upward wave would lift the currency pair above the daily pivot point, towards the resistance level at 0.9793.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/08\/USDCHFH412.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8738\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/08\/USDCHFH412-300x150.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\/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\">124.38<\/td>\n<td class=\"resistance\">124.53<\/td>\n<td class=\"resistance\">124.88<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">124.21<\/td>\n<td class=\"support\">123.92<\/td>\n<td class=\"support\">123.50<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The\u00a0USDJPY pair\u00a0is negotiating below the Kumo and a new bearish outlook is now in force. Any fruitful attempt to violate the key support level at 124.21 will pave the way down to 123.92.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">On the other hand, a higher thrust of the market will lead the pair to penetrate the resistance at 124.38, targeting the upper level of the cloud at 124.53.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/08\/USDJPYH412.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8739\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/08\/USDJPYH412-300x150.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\">0.7376<\/td>\n<td class=\"resistance\">0.7413<\/td>\n<td class=\"resistance\">0.7442<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.7310<\/td>\n<td class=\"support\">0.7282<\/td>\n<td class=\"support\">0.7244<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">Aussie\u00a0has tested the critical support level at 0.7310. If the bears manage to take control of the bulls and eliminate this level, it will target the next support at 0.7282.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario.<\/td>\n<td class=\"commentary\" colspan=\"3\">\u00a0A surge of the market above the daily pivot will fuel the pair to retest the hurdle at 0.7376.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/08\/AUDUSDH413.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8740\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/08\/AUDUSDH413-300x150.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 1.1069 1.1119 1.1145 Support 1.0994 1.0967 1.0918 Primary Scenario EURUSD bounced up from the previous low and is now trading above the daily pivot point at 1.1043. If the pair manages to extend its correction, the next resistance is seen at 1.1069 and further up to 1.1119. Alternative Scenario [&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-77068","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77068","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=77068"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77068\/revisions"}],"predecessor-version":[{"id":77094,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77068\/revisions\/77094"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=77068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=77068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=77068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}