{"id":78356,"date":"2015-09-17T01:35:30","date_gmt":"2015-09-17T05:35:30","guid":{"rendered":"http:\/\/countingpips.com\/?p=78356"},"modified":"2015-09-17T07:04:16","modified_gmt":"2015-09-17T11:04:16","slug":"usdchf-is-hovering-below-the-daily-pivot","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/09\/usdchf-is-hovering-below-the-daily-pivot\/","title":{"rendered":"USDCHF is hovering below the daily pivot."},"content":{"rendered":"<div id=\"inves-2446332678\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 17, 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\">1.1334<\/td>\n<td class=\"resistance\">1.1380<\/td>\n<td class=\"resistance\">1.1441<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.1228<\/td>\n<td class=\"support\">1.1167<\/td>\n<td class=\"support\">1.1121<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">EURUSD\u00a0is oscillating around the daily pivot point at 1.1274. Any forceful attempt to penetrate the hurdle at 1.1334 will most likely lead the currency pair to hit the resistance level at 1.1380.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A breach of the daily pivot will pave the way down to the support level at 1.1228.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/EURUSDH412.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-9106\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/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\">1.5567<\/td>\n<td class=\"resistance\">1.5646<\/td>\n<td class=\"resistance\">1.5765<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.5369<\/td>\n<td class=\"support\">1.5250<\/td>\n<td class=\"support\">1.5170<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The pair\u00a0bounced up from the previous low and managed to surpass the\u00a0daily pivot at 1.5448, a key level. If GBPUSD\u00a0achieves to extend its momentum, the next resistance is seen at 1.5567 and even higher at 1.5646.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">Alternatively, a plunge of the market below the daily pivot will push prices to find support at 1.5369.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/GBPUSDH412.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-9107\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/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\">0.9758<\/td>\n<td class=\"resistance\">0.9806<\/td>\n<td class=\"resistance\">0.9851<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.9665<\/td>\n<td class=\"support\">0.9620<\/td>\n<td class=\"support\">0.9572<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">USDCHF\u00a0is\u00a0hovering below the daily pivot at 0.9713. A decisive movement to the north will push the pair lower towards the support level at 0.9665 and further down to 0.9620.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A\u00a0successful attempt to penetrate the daily pivot will lift the exchange rate to retest the resistance level at 0.9758.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/USDCHFH412.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-9108\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/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\/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\">120.83<\/td>\n<td class=\"resistance\">121.31<\/td>\n<td class=\"resistance\">121.84<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">120.62<\/td>\n<td class=\"support\">120.36<\/td>\n<td class=\"support\">119.97<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The USDJPY pair\u00a0is now poised to eliminate the barrier at 120.83. If that happens, the next resistance is estimated at 121.31.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">On the other hand, a break back below the support level at 120.62 will push the pair to find support at 120.36.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/USDJPYH412.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-9109\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/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\/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\">0.7222<\/td>\n<td class=\"resistance\">0.7249<\/td>\n<td class=\"resistance\">0.7299<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.7145<\/td>\n<td class=\"support\">0.7095<\/td>\n<td class=\"support\">0.7068<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">AUDUSD\u00a0is\u00a0following an uptrend. If the pair manages to withstand the sellers\u2019 pressure, it will climb towards the resistance levels at 0.7222 and 0.7249.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario.<\/td>\n<td class=\"commentary\" colspan=\"3\">\u00a0A comeback of the exchange rate would bring the market into a correction course, targeting the daily pivot point (0.7172) and then lower at 0.7145.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/AUDUSDH414.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-9110\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/AUDUSDH414-300x150.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 1.1334 1.1380 1.1441 Support 1.1228 1.1167 1.1121 Primary Scenario EURUSD\u00a0is oscillating around the daily pivot point at 1.1274. Any forceful attempt to penetrate the hurdle at 1.1334 will most likely lead the currency pair to hit the resistance level at 1.1380. Alternative Scenario A breach of 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-78356","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78356","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=78356"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78356\/revisions"}],"predecessor-version":[{"id":78381,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78356\/revisions\/78381"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=78356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=78356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=78356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}