{"id":78307,"date":"2015-09-16T01:46:37","date_gmt":"2015-09-16T05:46:37","guid":{"rendered":"http:\/\/countingpips.com\/?p=78307"},"modified":"2015-09-16T08:06:53","modified_gmt":"2015-09-16T12:06:53","slug":"audusd-is-trading-near-the-previous-high","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/09\/audusd-is-trading-near-the-previous-high\/","title":{"rendered":"AUDUSD is trading near the previous high."},"content":{"rendered":"<div id=\"inves-1566282015\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 16, 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\">1.1310<\/td>\n<td class=\"resistance\">1.1354<\/td>\n<td class=\"resistance\">1.1381<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.1240<\/td>\n<td class=\"support\">1.1214<\/td>\n<td class=\"support\">1.1170<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">EURUSD\u00a0bounced up from the previous bottom and is now trading above the daily pivot (1.1284). Further increase of the exchange rate will fuel the pair further towards the resistance level at 1.1310 and even higher at 1.1354.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A comeback of the market will lead the currency pair below the daily pivot and then lower to 1.1240.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/EURUSDH411.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-9088\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/EURUSDH411-300x150.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\/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\">1.5423<\/td>\n<td class=\"resistance\">1.5503<\/td>\n<td class=\"resistance\">1.5550<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.5295<\/td>\n<td class=\"support\">1.5248<\/td>\n<td class=\"support\">1.5168<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The pair is\u00a0negotiating below the daily pivot point at 1.5376. A decisive movement to the south will most likely push GBPUSD to hit the support level at 1.5295 and further down to 1.5248.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">On the other hand, a surge of the pair will lift the exchange rate above the daily pivot, with immediate target the hurdle at 1.5423.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/GBPUSDH411.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-9089\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/GBPUSDH411-300x150.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\">0.9776<\/td>\n<td class=\"resistance\">0.9816<\/td>\n<td class=\"resistance\">0.9869<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.9683<\/td>\n<td class=\"support\">0.9630<\/td>\n<td class=\"support\">0.9590<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">USDCHF\u00a0is trading on\u00a0the daily pivot point at 0.9723.\u00a0If\u00a0the bears\u00a0momentum prevails the bulls pressure, the next support is seen at 0.9683 and then lower to 0.9630.<\/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 lead the exchange rate towards the resistance level at 0.9776.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/USDCHFH411.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-9090\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/USDCHFH411-300x150.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\">120.35<\/td>\n<td class=\"resistance\">120.64<\/td>\n<td class=\"resistance\">121.31<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">120.02<\/td>\n<td class=\"support\">119.80<\/td>\n<td class=\"support\">119.34<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The\u00a0pair\u00a0is searching for direction. A fruitful movement to the north will trigger the market to target the resistance level at 120.35 and even higher at 120.64.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">Alternatively, a plunge of USDJPY below the key support at 120.02 will open the way down to 119.80.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/USDJPYH411.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-9091\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/USDJPYH411-300x150.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\/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\">0.7175<\/td>\n<td class=\"resistance\">0.7210<\/td>\n<td class=\"resistance\">0.7255<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.7094<\/td>\n<td class=\"support\">0.7049<\/td>\n<td class=\"support\">0.7013<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">AUDUSD\u00a0is\u00a0trading near the previous high. If the pair manages to withhold the sellers\u2019 pressure, prices will climb towards the resistance levels at 0.7175 and 0.7210.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario.<\/td>\n<td class=\"commentary\" colspan=\"3\">\u00a0Should the pair achieve to breach the daily pivot at 0.7129, the market will find support at 0.7094.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/AUDUSDH413.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-9092\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/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","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime EURUSD H4 Resistance 1.1310 1.1354 1.1381 Support 1.1240 1.1214 1.1170 Primary Scenario EURUSD\u00a0bounced up from the previous bottom and is now trading above the daily pivot (1.1284). Further increase of the exchange rate will fuel the pair further towards the resistance level at 1.1310 and even higher at 1.1354. Alternative Scenario A [&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-78307","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78307","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=78307"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78307\/revisions"}],"predecessor-version":[{"id":78330,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78307\/revisions\/78330"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=78307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=78307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=78307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}