{"id":88521,"date":"2016-04-22T07:11:33","date_gmt":"2016-04-22T11:11:33","guid":{"rendered":"http:\/\/countingpips.com\/?p=88521"},"modified":"2016-04-22T07:11:33","modified_gmt":"2016-04-22T11:11:33","slug":"usdjpy-fresh-higher-grounds","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/usdjpy-fresh-higher-grounds\/","title":{"rendered":"USDJPY : Fresh higher grounds."},"content":{"rendered":"<div id=\"inves-2682468780\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">April 22, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<table class=\"technical-analysis\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/eurusd-technical-analysis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-763\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/eurusd-technical-analysis.jpg\" alt=\"EURUSD Technical Analysis\" width=\"61\" height=\"20\" \/><\/a><\/td>\n<td class=\"title currency-pair\">EURUSD<\/td>\n<td class=\"title interval\">H4<\/td>\n<td><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-786\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\" alt=\"Down Trend\" width=\"27\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">1.1365<\/td>\n<td class=\"resistance\">1.1445<\/td>\n<td class=\"resistance\">1.1493<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.1238<\/td>\n<td class=\"support\">1.1189<\/td>\n<td class=\"support\">1.1110<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">EURUSD is hovering below the daily pivot point at 1.1317. Any forceful attempt to retest the support at 1.1238 will push prices to target the next level at 1.1189.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A higher thrust of the market above the daily pivot will encourage the exchange rate to hit the resistance at 1.1365.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/04\/EURUSDH415.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-11328\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/04\/EURUSDH415-300x150.png\" alt=\"EURUSDH4\" width=\"300\" height=\"150\" \/><\/a><\/p>\n<table class=\"technical-analysis\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/gbpusd-technical-analysis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-777\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/gbpusd-technical-analysis.jpg\" alt=\"GBPUSD Technical Analysis\" width=\"64\" height=\"20\" \/><\/a><\/td>\n<td class=\"title currency-pair\">GBPUSD<\/td>\n<td class=\"title interval\">H4<\/td>\n<td><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-786\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\" alt=\"Down Trend\" width=\"27\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">1.4407<\/td>\n<td class=\"resistance\">1.4493<\/td>\n<td class=\"resistance\">1.4548<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.4266<\/td>\n<td class=\"support\">1.4212<\/td>\n<td class=\"support\">1.4125<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The pair\u00a0is negotiating slightly below the daily pivot (1.4352). A plunge of GBPUSD will pave the path down to 1.4266 and then lower at 1.4212.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">On the other hand, a successful attempt to exceed the daily pivot will fuel the pair to target the resistance level at 1.4407.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/04\/GBPUSDH415.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-11329\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/04\/GBPUSDH415-300x150.png\" alt=\"GBPUSDH4\" width=\"300\" height=\"150\" \/><\/a><\/p>\n<table class=\"technical-analysis\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/usdchf-technical-analysis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-779\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/usdchf-technical-analysis.jpg\" alt=\"USDCHF Technical Analysis\" width=\"63\" height=\"20\" \/><\/a><\/td>\n<td class=\"title currency-pair\">USDCHF<\/td>\n<td class=\"title interval\">H4<\/td>\n<td><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/up-trend.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-765\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/up-trend.jpg\" alt=\"up-trend\" width=\"17\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">0.9785<\/td>\n<td class=\"resistance\">0.9821<\/td>\n<td class=\"resistance\">0.9891<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.9680<\/td>\n<td class=\"support\">0.9611<\/td>\n<td class=\"support\">0.9575<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">USDCHF\u00a0finished its correction course in the previous session and managed to cross the daily pivot point at 0.9716. If the pair achieves to extend its uptrend, the next resistance is seen at 0.9785 and 0.9821.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A comeback of the exchange rate below the daily pivot, will push the pair to find support at 0.9680.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/04\/USDCHFH415.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-11330\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/04\/USDCHFH415-300x150.png\" alt=\"USDCHFH4\" width=\"300\" height=\"150\" \/><\/a><\/p>\n<table class=\"technical-analysis\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/usdjpy-technical-analysis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-781\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/usdjpy-technical-analysis.jpg\" alt=\"USDJPY Technical Analysis\" width=\"59\" height=\"20\" \/><\/a><\/td>\n<td class=\"title currency-pair\">USDJPY<\/td>\n<td class=\"title interval\">H4<\/td>\n<td><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/up-trend.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-765\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/up-trend.jpg\" alt=\"up-trend\" width=\"17\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">110.18<\/td>\n<td class=\"resistance\">110.66<\/td>\n<td class=\"resistance\">111.06<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">109.73<\/td>\n<td class=\"support\">109.47<\/td>\n<td class=\"support\">109.13<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">\u00a0A strong bullish movement led USDJPY into fresh higher grounds. Further increase of the rate will accelerate the pair to penetrate the hurdle at 110.18, with immediate target the forthcoming resistance at 110.66.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">Alternatively, a tumble of the market below the key support at 109.73 will open the way down to 109.47.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: center;\"><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/04\/USDJPYH415.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-11331\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/04\/USDJPYH415-300x150.png\" alt=\"USDJPYH4\" width=\"300\" height=\"150\" \/><\/a><\/p>\n<table class=\"technical-analysis\">\n<tbody>\n<tr>\n<td><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/audusd-technical-analysis.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-782\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2014\/03\/audusd-technical-analysis.jpg\" alt=\"AUDUSD Technical Analysi\" width=\"81\" height=\"20\" \/><\/a><\/td>\n<td class=\"title currency-pair\">AUDUSD<\/td>\n<td class=\"title interval\">H4<\/td>\n<td><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-786\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2014\/03\/down-trend.jpg\" alt=\"Down Trend\" width=\"27\" height=\"20\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Resistance<\/td>\n<td class=\"resistance\">0.7802<\/td>\n<td class=\"resistance\">0.7869<\/td>\n<td class=\"resistance\">0.7904<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.7700<\/td>\n<td class=\"support\">0.7665<\/td>\n<td class=\"support\">0.7598<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">AUDUSD\u00a0collapsed in the previous session. If the bears manage to take control of the bulls, the market will attempt to target the support level at 0.7700 and further down to 0.7665.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A reversal back above the daily pivot (0.7767) would lift the currency pair\u00a0towards the resistance level at 0.7802.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/04\/AUDUSDH415.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-11332\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/04\/AUDUSDH415-300x150.png\" alt=\"AUDUSDH4\" width=\"300\" height=\"150\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime EURUSD H4 Resistance 1.1365 1.1445 1.1493 Support 1.1238 1.1189 1.1110 Primary Scenario EURUSD is hovering below the daily pivot point at 1.1317. Any forceful attempt to retest the support at 1.1238 will push prices to target the next level at 1.1189. Alternative Scenario A higher thrust of the market above the daily [&hellip;]<\/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-88521","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88521","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=88521"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88521\/revisions"}],"predecessor-version":[{"id":88533,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88521\/revisions\/88533"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=88521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=88521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=88521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}