{"id":87792,"date":"2016-04-07T07:35:47","date_gmt":"2016-04-07T11:35:47","guid":{"rendered":"http:\/\/countingpips.com\/?p=87792"},"modified":"2016-04-07T07:35:47","modified_gmt":"2016-04-07T11:35:47","slug":"usdjpy-is-still-under-pressure","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/usdjpy-is-still-under-pressure\/","title":{"rendered":"USDJPY is still under pressure."},"content":{"rendered":"
April 7, 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\"up-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.1444<\/td>\n1.1490<\/td>\n1.1549<\/td>\n<\/tr>\n
Support<\/td>\n1.1339<\/td>\n1.1280<\/td>\n1.1234<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD\u00a0has experienced strong resistance in the zone above the daily pivot (1.1385). A successful attempt to surpass the hurdle at 1.1444 will fuel the pair further towards the forthcoming resistance at 1.1490.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA\u00a0reversal back below the daily pivot point will pave the path down to 1.1339.<\/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>\n1.4192<\/td>\n1.4264<\/td>\n1.4358<\/td>\n<\/tr>\n
Support<\/td>\n1.4026<\/td>\n1.3932<\/td>\n1.3860<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair\u00a0bounced up from the previous low and is now negotiating slightly above the daily pivot at 1.4192. If GBPUSD manages to withstand the sellers\u2019 pressure, it will climb towards the resistance levels at 1.4192 and 1.4264.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, if the market plunges below the daily pivot, the currency pair will find support at 1.4026.<\/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>\n0.9607<\/td>\n0.9660<\/td>\n0.9698<\/td>\n<\/tr>\n
Support<\/td>\n0.9516<\/td>\n0.9477<\/td>\n0.9424<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0is\u00a0hovering narrowly below the daily pivot at 0.9568. Any forceful attempt to move downwards will lead the pair to hit the support level at 0.9516 and even lower at 0.9477.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAn upward wave would eliminate the daily pivot point, with immediate target the resistance at 0.9607.<\/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>\n109.67<\/td>\n110.38<\/td>\n111.06<\/td>\n<\/tr>\n
Support<\/td>\n108.98<\/td>\n108.32<\/td>\n107.55<\/td>\n<\/tr>\n
Primary Scenario<\/td>\n\u00a0The USDJPY pair\u00a0is still under pressure. Any decisive movement below the key support at 107.98 will open the way down to 108.32 and further down to 107.55.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a higher thrust of the exchange rate will lift the market towards 109.67 and then higher at 110.38. RSI oscillator supports this scenario.<\/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>\n0.7633<\/td>\n0.7669<\/td>\n0.7719<\/td>\n<\/tr>\n
Support<\/td>\n0.7546<\/td>\n0.7496<\/td>\n0.7460<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0is\u00a0heading towards the hurdle at 0.7633. If the pair manages to exceed this level, it will target the next resistance at 0.7669 and further up to 0.7719.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA comeback of the currency pair below the daily pivot (0.7582) will push prices to find support at 0.7546.<\/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 1.1444 1.1490 1.1549 Support 1.1339 1.1280 1.1234 Primary Scenario EURUSD\u00a0has experienced strong resistance in the zone above the daily pivot (1.1385). A successful attempt to surpass the hurdle at 1.1444 will fuel the pair further towards the forthcoming resistance at 1.1490. Alternative Scenario A\u00a0reversal back below the daily pivot […]<\/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-87792","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87792","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=87792"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87792\/revisions"}],"predecessor-version":[{"id":87814,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/87792\/revisions\/87814"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=87792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=87792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=87792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}