{"id":82322,"date":"2015-12-11T06:25:19","date_gmt":"2015-12-11T11:25:19","guid":{"rendered":"http:\/\/countingpips.com\/?p=82322"},"modified":"2015-12-11T06:25:19","modified_gmt":"2015-12-11T11:25:19","slug":"gbpusd-the-strength-of-the-market-faded-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/12\/gbpusd-the-strength-of-the-market-faded-2\/","title":{"rendered":"GBPUSD: The strength of the market faded."},"content":{"rendered":"
December 11, 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\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.0999<\/td>\n1.1062<\/td>\n1.1099<\/td>\n<\/tr>\n
Support<\/td>\n1.0900<\/td>\n1.0862<\/td>\n1.0800<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD\u00a0topped up at 1.1041, before retracing below the daily pivot at 1.0962. A persistent trading below this level will pave the path down to 1.0900 and then lower at 1.0862.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nIf the pair manages to exceed the daily pivot, the next resistance is seen at 1.0999.<\/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\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.5201<\/td>\n1.5246<\/td>\n1.5292<\/td>\n<\/tr>\n
Support<\/td>\n1.5110<\/td>\n1.5065<\/td>\n1.5019<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe\u00a0strength of the market faded and GBPUSD is\u00a0trading below the daily pivot (1.5155). A decisive movement to the south will push prices to\u00a0retest the\u00a0support at 1.5110 and drop further down to 1.5065.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, an upward wave would trigger the market to penetrate the daily pivot, targeting the resistance at 1.5201.<\/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\"up-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.9910<\/td>\n0.9949<\/td>\n0.9991<\/td>\n<\/tr>\n
Support<\/td>\n0.9829<\/td>\n0.9787<\/td>\n0.9748<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0has recovered from the previous bottom and is now negotiating above the daily pivot at 0.9868. A bounce up from current levels will fuel the pair to hit the resistances at 0.9910 and even higher at 0.9949.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a plunge of the market below the daily pivot will lead the exchange rate down to 0.9829.<\/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>\n122.22<\/td>\n122.47<\/td>\n122.89<\/td>\n<\/tr>\n
Support<\/td>\n121.97<\/td>\n121.53<\/td>\n121.06<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe\u00a0bearish scenario is still in effect. Any forceful downward momentum will push USDJPY below the key support at 121.97, with immediate target the forthcoming support level at 121.53.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nShould the pair manage to surpass the hurdle at 122.22, the next resistance is estimated at 122.47.<\/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\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.7334<\/td>\n0.7390<\/td>\n0.7447<\/td>\n<\/tr>\n
Support<\/td>\n0.7222<\/td>\n0.7165<\/td>\n0.7110<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0is oscillating around the daily pivot point (0.7278). If the bears achieve to take control of the bulls, the rate would breach the barrier at 0.7222, opening the way down to 0.7165.<\/td>\n<\/tr>\n
Alternative Scenario.<\/td>\nA surge of the market above the daily pivot will lift the currency pair towards the resistance at 0.7334.<\/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 1.0999 1.1062 1.1099 Support 1.0900 1.0862 1.0800 Primary Scenario EURUSD\u00a0topped up at 1.1041, before retracing below the daily pivot at 1.0962. A persistent trading below this level will pave the path down to 1.0900 and then lower at 1.0862. Alternative Scenario If the pair manages to exceed the daily […]<\/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-82322","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82322","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=82322"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82322\/revisions"}],"predecessor-version":[{"id":82338,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82322\/revisions\/82338"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=82322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=82322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=82322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}