{"id":82254,"date":"2015-12-10T06:01:34","date_gmt":"2015-12-10T11:01:34","guid":{"rendered":"http:\/\/countingpips.com\/?p=82254"},"modified":"2015-12-10T06:01:34","modified_gmt":"2015-12-10T11:01:34","slug":"usdjpy-pummeled-in-the-previous-session","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/12\/usdjpy-pummeled-in-the-previous-session\/","title":{"rendered":"USDJPY pummeled in the previous session."},"content":{"rendered":"
December 10, 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-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.1082<\/td>\n1.1144<\/td>\n1.1246<\/td>\n<\/tr>\n
Support<\/td>\n1.0919<\/td>\n1.0817<\/td>\n1.0755<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD\u00a0surged in a multi-month high. If the pair achieves to extend its momentum, it will climb towards the resistance levels at 1.1082 and then higher at 1.1144.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA reversal back below the daily pivot (1.0980) will open the way down to 1.0919. RSI oscillator is trading within the overbought zone.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"EURUSDH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"GBPUSD<\/a><\/td>\nGBPUSD<\/td>\nH4<\/td>\n\"up-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.5242<\/td>\n1.5310<\/td>\n1.5429<\/td>\n<\/tr>\n
Support<\/td>\n1.5055<\/td>\n1.4936<\/td>\n1.4868<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe\u00a0pair\u00a0has finally managed to penetrate the daily pivot point at 1.5123. A sustained trading above this level will trigger GBPUSD to target the resistance level at 1.5242 and further up to 1.5310.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a plunge of the pair below the daily pivot will push prices to find support at 1.5055.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"GBPUSDH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"USDCHF<\/a><\/td>\nUSDCHF<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.9907<\/td>\n0.9987<\/td>\n1.0031<\/td>\n<\/tr>\n
Support<\/td>\n0.9783<\/td>\n0.9739<\/td>\n0.9659<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0is\u00a0following a downtrend. Further drop of the market will lead the pair to hit the support level at 0.9783 and even lower to 0.9739.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nShould the pair manage to exceed the daily pivot (0.9863), the next resistance is seen at 0.9907. RSI supports this outlook.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"USDCHFH4\"<\/a><\/p>\n\n\n\n\n\n\n\n
\"USDJPY<\/a><\/td>\nUSDJPY<\/td>\nH4<\/td>\n\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n121.74<\/td>\n122.06<\/td>\n122.47<\/td>\n<\/tr>\n
Support<\/td>\n121.44<\/td>\n121.06<\/td>\n120.53<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe\u00a0USDJPY pair pummeled in the previous session. A decisive movement to the south will push the exchange rate to breach the support at 121.44, targeting the forthcoming support level at 121.06. RSI is trading within the oversold territory.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a higher thrust of the pair above the barrier at 121.74 will lift the market towards 122.06.<\/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-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.7257<\/td>\n0.7287<\/td>\n0.7330<\/td>\n<\/tr>\n
Support<\/td>\n0.7184<\/td>\n0.7141<\/td>\n0.7110<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0turned sharply bullish in today\u2019s session. If the pair manages to surpass the resistance at 0.7287, the next resistance is seen at 0.7330.<\/td>\n<\/tr>\n
Alternative Scenario.<\/td>\nA comeback of the currency pair will push the market to breach the support at 0.7257, with immediate target the daily pivot at 0.7214.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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 1.1082 1.1144 1.1246 Support 1.0919 1.0817 1.0755 Primary Scenario EURUSD\u00a0surged in a multi-month high. If the pair achieves to extend its momentum, it will climb towards the resistance levels at 1.1082 and then higher at 1.1144. Alternative Scenario A reversal back below the daily pivot (1.0980) will open the […]<\/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-82254","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82254","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=82254"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82254\/revisions"}],"predecessor-version":[{"id":82274,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82254\/revisions\/82274"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=82254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=82254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=82254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}