{"id":87726,"date":"2016-04-06T06:37:29","date_gmt":"2016-04-06T10:37:29","guid":{"rendered":"http:\/\/countingpips.com\/?p=87726"},"modified":"2016-04-06T06:37:29","modified_gmt":"2016-04-06T10:37:29","slug":"usdjpy-has-reached-a-multi-year-low-in-the-previous-session","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/usdjpy-has-reached-a-multi-year-low-in-the-previous-session\/","title":{"rendered":"USDJPY has reached a multi-year low in the previous session."},"content":{"rendered":"
April 6, 2016<\/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>\n1.1412<\/td>\n1.1443<\/td>\n1.1482<\/td>\n<\/tr>\n
Support<\/td>\n1.1343<\/td>\n1.1304<\/td>\n1.1274<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD\u00a0is revolving around the daily pivot (1.1374). A plunge of the market will push the market to find support at 1.1343. A successful violation of this key level will open the way down to 1.1304.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA higher thrust of the currency pair above the daily pivot will lead the exchange rate towards 1.1412.<\/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>\n1.4250<\/td>\n1.4342<\/td>\n1.4407<\/td>\n<\/tr>\n
Support<\/td>\n1.4093<\/td>\n1.4028<\/td>\n1.3936<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair is\u00a0following a downtrend. Should GBPUSD manage to extend its momentum, it will target the support level at 1.4093 and even lower at 1.4028.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a successful attempt to penetrate the daily pivot (1.4185) would lift the exchange rate towards the hurdle in line at 1.4250.<\/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>\n0.9592<\/td>\n0.9627<\/td>\n0.9650<\/td>\n<\/tr>\n
Support<\/td>\n0.9534<\/td>\n0.9511<\/td>\n0.9476<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0is trading on the daily pivot point at 0.9569. Any forceful movement downwards will trigger the market to hit the support level at 0.9534 and then lower at 0.9511.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA comeback of the market will lead the pair above the daily pivot, with immediate target the resistance at 0.9592.<\/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>\n110.63<\/td>\n111.06<\/td>\n111.72<\/td>\n<\/tr>\n
Support<\/td>\n110.24<\/td>\n109.92<\/td>\n109.40<\/td>\n<\/tr>\n
Primary Scenario<\/td>\n\u00a0The pair\u00a0has reached a multi-year low in the previous session. If USDJPY manages to extend its downtrend, it will eliminate the support level at 110.24 and 109.92, targeting the forthcoming level at 109.40.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a correction course of the pair will lead the exchange rate towards 110.63 and 111.06. RSI supports this outlook.<\/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>\n0.7610<\/td>\n0.7680<\/td>\n0.7731<\/td>\n<\/tr>\n
Support<\/td>\n0.7490<\/td>\n0.7439<\/td>\n0.7370<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0is negotiating on the daily pivot point (0.7560). A tumble of the market will pave the path down to 0.7490 and further down to 0.7439.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA setback of the exchange rate will fuel the pair towards the resistance level at 0.7610.<\/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 1.1412 1.1443 1.1482 Support 1.1343 1.1304 1.1274 Primary Scenario EURUSD\u00a0is revolving around the daily pivot (1.1374). A plunge of the market will push the market to find support at 1.1343. A successful violation of this key level will open the way down to 1.1304. Alternative Scenario A higher thrust […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-87726","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87726","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=87726"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87726\/revisions"}],"predecessor-version":[{"id":87741,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87726\/revisions\/87741"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=87726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=87726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=87726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}