{"id":89051,"date":"2016-05-03T06:56:42","date_gmt":"2016-05-03T10:56:42","guid":{"rendered":"http:\/\/countingpips.com\/?p=89051"},"modified":"2016-05-03T06:56:42","modified_gmt":"2016-05-03T10:56:42","slug":"audusd-collapsed-in-todays-session-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/05\/audusd-collapsed-in-todays-session-2\/","title":{"rendered":"AUDUSD collapsed in today\u2019s session."},"content":{"rendered":"<div id=\"inves-2924793888\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">May 3, 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\/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\">1.1563<\/td>\n<td class=\"resistance\">1.1593<\/td>\n<td class=\"resistance\">1.1651<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.1475<\/td>\n<td class=\"support\">1.1417<\/td>\n<td class=\"support\">1.1387<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">EURUSD\u00a0surged into fresh grounds in the previous session. If the pair manages to extend its momentum, it will climb towards the resistance level at 1.1563 and further up to 1.1593.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A correction course would push prices to find support at the daily pivot (1.1505) and then lower at 1.1475. RSI supports this scenario.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/05\/EURUSDH41.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-11423\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/05\/EURUSDH41-300x150.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\/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\">1.4717<\/td>\n<td class=\"resistance\">1.4763<\/td>\n<td class=\"resistance\">1.4830<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">1.4603<\/td>\n<td class=\"support\">1.4536<\/td>\n<td class=\"support\">1.4490<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">The pair\u00a0is\u00a0oscillating narrowly above the daily pivot point at 1.4649. A decisive movement to the north will trigger the market to hit the resistance levels at 1.4717 and 1.4763.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">Alternatively, a comeback of GBPUSD below the daily pivot will pave the path down to 1.4603.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/05\/GBPUSDH41.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-11424\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/05\/GBPUSDH41-300x150.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\/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\">0.9584<\/td>\n<td class=\"resistance\">0.9629<\/td>\n<td class=\"resistance\">0.9654<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.9514<\/td>\n<td class=\"support\">0.9489<\/td>\n<td class=\"support\">0.9444<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">USDCHF is following a downtrend. Should the bears achieve to take control of the bulls, the next support is seen at 0.9514 and then lower at 0.9489.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">\u00a0An upward wave will accelerate the pair to penetrate the daily pivot, with immediate target the resistance at 0.9584. RSI is trading within the oversold area.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/05\/USDCHFH41.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-11425\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/05\/USDCHFH41-300x150.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\/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\">106.56<\/td>\n<td class=\"resistance\">107.37<\/td>\n<td class=\"resistance\">108.19<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">105.84<\/td>\n<td class=\"support\">105.05<\/td>\n<td class=\"support\">104.15<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">\u00a0The USDJPY pair\u00a0has reached a multi-year\u00a0low at 105.84. If the pair manages to violate this level, it will open the way deeper towards the forthcoming support at 105.05. The next support level is estimated at 104.15.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">On the other hand, a higher thrust of the market will lift the exchange rate above the hurdle at 106.56, targeting the resistance at 107.37. RSI oscillator is trading at 22, within the oversold zone.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: center;\"><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/05\/USDJPYH41.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-11426\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/05\/USDJPYH41-300x150.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\">0.7694<\/td>\n<td class=\"resistance\">0.7723<\/td>\n<td class=\"resistance\">0.7775<\/td>\n<\/tr>\n<tr>\n<td class=\"title\">Support<\/td>\n<td class=\"support\">0.7613<\/td>\n<td class=\"support\">0.7561<\/td>\n<td class=\"support\">0.7531<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Primary Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">AUDUSD\u00a0collapsed in today\u2019s session. Further drop of the market will lead the currency pair below the support at 0.7561, opening the way down to 0.7531 and even lower at 0.7490.<\/td>\n<\/tr>\n<tr>\n<td class=\"tbd title\">Alternative Scenario<\/td>\n<td class=\"commentary\" colspan=\"3\">A surge of the exchange rate would fuel the pair towards the daily pivot point at 0.7642.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><a href=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/05\/AUDUSDH41.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-11427\" src=\"http:\/\/blog.forextime.com\/wp-content\/uploads\/2016\/05\/AUDUSDH41-300x150.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 1.1563 1.1593 1.1651 Support 1.1475 1.1417 1.1387 Primary Scenario EURUSD\u00a0surged into fresh grounds in the previous session. If the pair manages to extend its momentum, it will climb towards the resistance level at 1.1563 and further up to 1.1593. Alternative Scenario A correction course would push prices to find [&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-89051","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/89051","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=89051"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/89051\/revisions"}],"predecessor-version":[{"id":89066,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/89051\/revisions\/89066"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=89051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=89051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=89051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}