{"id":77757,"date":"2015-09-03T01:46:26","date_gmt":"2015-09-03T05:46:26","guid":{"rendered":"http:\/\/countingpips.com\/?p=77757"},"modified":"2015-09-03T07:41:45","modified_gmt":"2015-09-03T11:41:45","slug":"audusd-has-finished-its-correction-course","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/09\/audusd-has-finished-its-correction-course\/","title":{"rendered":"AUDUSD has finished its correction course."},"content":{"rendered":"
September 3, 2015<\/div>
\r\n<\/div><\/div>

Article by ForexTime<\/a><\/p>\n

 <\/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>\n1.1289<\/td>\n1.1355<\/td>\n1.1392<\/td>\n<\/tr>\n
Support<\/td>\n1.1186<\/td>\n1.1149<\/td>\n1.1083<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD is negotiating around the daily pivot point during this week. A decisive movement to breach the barrier at 1.1186 will push prices to find support down to 1.1149.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, an upside momentum would lift the currency pair above the daily pivot to retest the hurdle at 1.1289.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"EURUSDH4\"<\/a><\/p>\n

 <\/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>\n1.5327<\/td>\n1.5357<\/td>\n1.5389<\/td>\n<\/tr>\n
Support<\/td>\n1.5265<\/td>\n1.5233<\/td>\n1.5203<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair is\u00a0gyrating the daily pivot (1.5295). A drop of the market will lead GBPUSD to eliminate the support at 1.5265, targeting the forthcoming level at 1.5233.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nShould the pair achieve to penetrate the daily pivot, the next resistance is seen at 1.5327.<\/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\"Up<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.9733<\/td>\n0.9777<\/td>\n0.9856<\/td>\n<\/tr>\n
Support<\/td>\n0.9609<\/td>\n0.9531<\/td>\n0.9486<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0has finally surpassed the daily pivot at 0.9654 and set to reach the forthcoming resistance at 0.9733. A successful attempt to exceed this level will fuel the pair further towards the next target at 0.9777 and even higher at 0.9856.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA plunge of the exchange rate would push the pair to find support at the daily pivot and even deeper at 0.9609.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

\"USDCHFH4\"<\/a><\/p>\n

 <\/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>\n120.69<\/td>\n121.26<\/td>\n121.73<\/td>\n<\/tr>\n
Support<\/td>\n120.36<\/td>\n119.96<\/td>\n119.59<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair has achieved\u00a0to exit the Kumo and a new bullish outlook is now in force. If USDJPY manages to withhold the sellers\u2019 pressure, it will climb towards the resistance level at 120.69 and then higher to 121.26.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a break back below the upper level of the cloud at 120.36 will most likely lead the market down to 119.96 (Tenkan-sen) line.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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>\n0.7062<\/td>\n0.7088<\/td>\n0.7129<\/td>\n<\/tr>\n
Support<\/td>\n0.6996<\/td>\n0.6955<\/td>\n0.6929<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD has finished its correction course and is now poised to retest the key support level at 0.6996. A drop of the market below this level will generate strength for the bears to push the exchange rate lower towards the next target at 0.6955.<\/td>\n<\/tr>\n
Alternative Scenario.<\/td>\n\u00a0If the pair achieves to surpass the daily pivot, it will attempt to retest the resistance level at 0.7062.<\/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","protected":false},"excerpt":{"rendered":"

Article by ForexTime   EURUSD H4 Resistance 1.1289 1.1355 1.1392 Support 1.1186 1.1149 1.1083 Primary Scenario EURUSD is negotiating around the daily pivot point during this week. A decisive movement to breach the barrier at 1.1186 will push prices to find support down to 1.1149. Alternative Scenario Alternatively, an upside momentum would lift the currency […]<\/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-77757","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77757","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=77757"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77757\/revisions"}],"predecessor-version":[{"id":77786,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77757\/revisions\/77786"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=77757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=77757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=77757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}