{"id":82473,"date":"2015-12-15T07:01:52","date_gmt":"2015-12-15T12:01:52","guid":{"rendered":"http:\/\/countingpips.com\/?p=82473"},"modified":"2015-12-15T07:01:52","modified_gmt":"2015-12-15T12:01:52","slug":"usdchf-is-revolving-the-daily-pivot-point","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/12\/usdchf-is-revolving-the-daily-pivot-point\/","title":{"rendered":"USDCHF is revolving the daily pivot point."},"content":{"rendered":"
December 15, 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>\n1.1044<\/td>\n1.1097<\/td>\n1.1147<\/td>\n<\/tr>\n
Support<\/td>\n1.0940<\/td>\n1.0891<\/td>\n1.0837<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD is\u00a0now\u00a0trading near the previous top at 1.1044. A successful attempt to penetrate this level will trigger the market to target the forthcoming resistance level at 1.1097.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a comeback of the exchange rate below the daily pivot (1.0994) will push the pair to find support at 1.0940.<\/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>\n1.5211<\/td>\n1.5282<\/td>\n1.5334<\/td>\n<\/tr>\n
Support<\/td>\n1.5087<\/td>\n1.5035<\/td>\n1.4964<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair\u00a0is gyrating the daily pivot point at 1.5159. A higher thrust of GBPUSD will fuel the pair to retest the hurdle in line at 1.5211. The next resistance is seen at 1.5282.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA decisive breach of the the daily pivot will open the way down to 1.5087.<\/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>\n0.9883<\/td>\n0.9920<\/td>\n0.9969<\/td>\n<\/tr>\n
Support<\/td>\n0.9797<\/td>\n0.9748<\/td>\n0.9711<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0is revolving the daily pivot point (0.9834). A drop of the market below the support level at 0.9797 will push prices lower towards the next target at 0.9748.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAn upward wave would lead the pair above the daily pivot, with immediate target the resistance at 0.9883.<\/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>\n121.08<\/td>\n121.51<\/td>\n121.94<\/td>\n<\/tr>\n
Support<\/td>\n120.64<\/td>\n120.33<\/td>\n119.99<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe\u00a0pair is following a downtrend. If USDJPY achieves to violate the support at 120.64, the next support is estimated at 120.33 and even lower at 119.99.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, should the pair manage to withhold the sellers\u2019 pressure, it will climb towards the resistance levels at 121.08 and 121.51.<\/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>\n0.7286<\/td>\n0.7332<\/td>\n0.7396<\/td>\n<\/tr>\n
Support<\/td>\n0.7176<\/td>\n0.7112<\/td>\n0.7066<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD has tested the hurdle at 0.7286. A surge of the market above this level will lift the exchange rate towards the resistance at 0.7332.<\/td>\n<\/tr>\n
Alternative Scenario.<\/td>\nA\u00a0plunge of the market below the daily pivot (0.7222) will lead Aussie down to 0.7176.<\/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 1.1044 1.1097 1.1147 Support 1.0940 1.0891 1.0837 Primary Scenario EURUSD is\u00a0now\u00a0trading near the previous top at 1.1044. A successful attempt to penetrate this level will trigger the market to target the forthcoming resistance level at 1.1097. Alternative Scenario Alternatively, a comeback of the exchange rate below the daily pivot […]<\/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-82473","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82473","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=82473"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82473\/revisions"}],"predecessor-version":[{"id":82494,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/82473\/revisions\/82494"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=82473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=82473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=82473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}