{"id":79862,"date":"2015-10-21T01:45:18","date_gmt":"2015-10-21T05:45:18","guid":{"rendered":"http:\/\/countingpips.com\/?p=79862"},"modified":"2015-10-21T08:06:30","modified_gmt":"2015-10-21T12:06:30","slug":"eurusd-is-searching-for-direction","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/10\/eurusd-is-searching-for-direction\/","title":{"rendered":"EURUSD is searching for direction."},"content":{"rendered":"
October 21, 2015<\/div>
\r\n<\/div><\/div>

Article by ForexTime<\/a><\/p>\n\n\n\n\n\n\n\n
\"EURUSD<\/a><\/td>\nEURUSD<\/td>\nH4<\/td>\n\"Up<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.1379<\/td>\n1.1414<\/td>\n1.1443<\/td>\n<\/tr>\n
Support<\/td>\n1.1316<\/td>\n1.1287<\/td>\n1.1252<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD is searching for direction, while trading around the daily pivot (1.1351). If the pair manages to withstand the sellers\u2019 pressure, the next resistance is seen at 1.1379 and even higher at 1.1414.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA\u00a0plunge of the market below the daily pivot will open the way down to 1.1316.<\/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>\n1.5486<\/td>\n1.5531<\/td>\n1.5557<\/td>\n<\/tr>\n
Support<\/td>\n1.5417<\/td>\n1.5390<\/td>\n1.5345<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe\u00a0strength of the market faded and led GBPUSD below the daily pivot point at 1.5460. Further correction of the currency \u00a0pair will push prices to find support at 1.5417 and then lower at 1.5390.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a surge of the exchange rate will lift the market above the daily pivot, with immediate target the resistance at 1.5486.<\/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>\n0.9589<\/td>\n0.9618<\/td>\n0.9665<\/td>\n<\/tr>\n
Support<\/td>\n0.9512<\/td>\n0.9464<\/td>\n0.9435<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0turned sharply bullish in the previous session. If the pair achieves to extend its momentum, it will target the resistance level at 0.9589 and further up to 0.9618.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA plunge of the market below the daily pivot will see the rate reaching the support level at 0.9512.<\/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>\n120.00<\/td>\n120.34<\/td>\n120.91<\/td>\n<\/tr>\n
Support<\/td>\n119.85<\/td>\n119.59<\/td>\n119.30<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe USDJPY pair is now testing the previous top at 120.00. A successful attempt to penetrate this level will trigger the market to hit the forthcoming resistance at 120.34.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a break back below the support at 119.85 will push USDJPY to find support at 119.59.<\/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\"Up<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.7290<\/td>\n0.7322<\/td>\n0.7346<\/td>\n<\/tr>\n
Support<\/td>\n0.7234<\/td>\n0.7209<\/td>\n0.7177<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0is\u00a0gyrating the daily pivot point at 0.7265. A bounce up from current levels will generate strength for the market to retest the barrier at 0.7290 and then higher at 0.7322.<\/td>\n<\/tr>\n
Alternative Scenario.<\/td>\nIf the pair manages to breach the daily pivot, the next support is seen at 0.7234.<\/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 1.1379 1.1414 1.1443 Support 1.1316 1.1287 1.1252 Primary Scenario EURUSD is searching for direction, while trading around the daily pivot (1.1351). If the pair manages to withstand the sellers\u2019 pressure, the next resistance is seen at 1.1379 and even higher at 1.1414. Alternative Scenario A\u00a0plunge of the market below […]<\/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-79862","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79862","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=79862"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79862\/revisions"}],"predecessor-version":[{"id":79884,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/79862\/revisions\/79884"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=79862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=79862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=79862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}