{"id":82196,"date":"2015-12-09T01:45:41","date_gmt":"2015-12-09T06:45:41","guid":{"rendered":"http:\/\/countingpips.com\/?p=82196"},"modified":"2015-12-09T06:17:27","modified_gmt":"2015-12-09T11:17:27","slug":"usdchf-is-now-heading-towards-the-support-level-at-0-9888","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/12\/usdchf-is-now-heading-towards-the-support-level-at-0-9888\/","title":{"rendered":"USDCHF is now heading towards the support level at 0.9888."},"content":{"rendered":"<div id=\"inves-3714152610\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 9, 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:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/up-trend.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-765\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/up-trend.jpg\" alt=\"up-trend\" width=\"17\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">1.0918<\/td>\n<td class=\"resistance\">1.0946<\/td>\n<td class=\"resistance\">1.0990<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.0846<\/td>\n<td class=\"support\">1.0801<\/td>\n<td class=\"support\">1.0774<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">EURUSD\u00a0is now testing the hurdle in line at 1.0918. If the pair manages to withstand the sellers\u2019 pressure, it will exceed this level, with immediate target the resistance level at 1.0946 and then higher at 1.0990.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A comeback of the currency pair will push prices to find support at the daily pivot point at 1.0873 and further down to 1.0846.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2015\/12\/EURUSDH45.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-10049\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2015\/12\/EURUSDH45-300x150.png\" alt=\"EURUSDH4\" 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\/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:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/up-trend.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-765\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/up-trend.jpg\" alt=\"up-trend\" width=\"17\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">1.5057<\/td>\n<td class=\"resistance\">1.5111<\/td>\n<td class=\"resistance\">1.5161<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.4953<\/td>\n<td class=\"support\">1.4902<\/td>\n<td class=\"support\">1.4849<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The\u00a0pair\u00a0bounced up from the previous low and is now negotiating above the daily pivot (1.5007). A decisive movement to the north will trigger the market to hit the resistance level at 1.5057 and even higher at 1.5111.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">Alternatively, should the pair achieve to violate the daily pivot, the next support is seen at 1.4953.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2015\/12\/GBPUSDH45.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-10050\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2015\/12\/GBPUSDH45-300x150.png\" alt=\"GBPUSDH4\" 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\/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\">09981<\/td>\n<td class=\"resistance\">1.0041<\/td>\n<td class=\"resistance\">1.0073<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.9888<\/td>\n<td class=\"support\">0.9856<\/td>\n<td class=\"support\">0.9795<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">USDCHF\u00a0is now heading towards the support level at 0.9888. A break below this level will lead the market underway down to 0.9856 and even lower at 0.9795.<\/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 fuel the pair to penetrate the daily pivot (0.9948), targeting the resistance level at 0.9981.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2015\/12\/USDCHFH45.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-10051\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2015\/12\/USDCHFH45-300x150.png\" alt=\"USDCHFH4\" 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\/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\">122.95<\/td>\n<td class=\"resistance\">123.18<\/td>\n<td class=\"resistance\">123.47<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">122.63<\/td>\n<td class=\"support\">122.47<\/td>\n<td class=\"support\">122.28<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The pair has finally breached the Kumo and a new bearish outlook is now in force. Further drop of USDJPY will push the market to eliminate the support at 122.63, paving the path down to 122.47 and then lower at 122.28.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">On the other hand, an upward wave would lift the exchange rate to hit the resistance level at 122.95.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: center;\"><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2015\/12\/USDJPYH45.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-10052\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2015\/12\/USDJPYH45-300x150.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\">0.7258<\/td>\n<td class=\"resistance\">0.7306<\/td>\n<td class=\"resistance\">0.7342<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.7175<\/td>\n<td class=\"support\">0.7138<\/td>\n<td class=\"support\">0.7091<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">AUDUSD\u00a0is oscillating around the daily pivot point at 0.7222. A plunge of the market below the support at 0.7175 will push the market to find support at 0.7138.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario.<\/td>\n<td class=\"commentary\" colspan=\"3\">A successful attempt to surpass the daily pivot will lead the market to retest the hurdle at 0.7258.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2015\/12\/AUDUSDH45.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-10053\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2015\/12\/AUDUSDH45-300x150.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 1.0918 1.0946 1.0990 Support 1.0846 1.0801 1.0774 Primary Scenario EURUSD\u00a0is now testing the hurdle in line at 1.0918. If the pair manages to withstand the sellers\u2019 pressure, it will exceed this level, with immediate target the resistance level at 1.0946 and then higher at 1.0990. Alternative Scenario A comeback [&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-82196","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82196","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=82196"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82196\/revisions"}],"predecessor-version":[{"id":82214,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82196\/revisions\/82214"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=82196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=82196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=82196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}