{"id":90152,"date":"2016-05-23T06:51:41","date_gmt":"2016-05-23T10:51:41","guid":{"rendered":"http:\/\/countingpips.com\/?p=90152"},"modified":"2016-05-23T06:51:41","modified_gmt":"2016-05-23T10:51:41","slug":"usdjpy-the-strength-of-the-market-faded-4","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/05\/usdjpy-the-strength-of-the-market-faded-4\/","title":{"rendered":"USDJPY: The strength of the market faded."},"content":{"rendered":"
May 23, 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\"<\/td>\n<\/tr>\n
Resistance<\/td>\n1.1238<\/td>\n1.1258<\/td>\n1.1279<\/td>\n<\/tr>\n
Support<\/td>\n1.1197<\/td>\n1.1176<\/td>\n1.1156<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD\u00a0bounced up from the previous bottom and is now testing the hurdle at 1.1238. A successful attempt to penetrate this level will most likely trigger the market to hit the forthcoming resistance at 1.1258.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA reversal back below the daily pivot point (1.1217) will push prices to find support at 1.1197.<\/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>\n1.4575<\/td>\n1.4657<\/td>\n1.4702<\/td>\n<\/tr>\n
Support<\/td>\n1.4447<\/td>\n1.4402<\/td>\n1.4320<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair\u00a0has finished its correction course and is now trading below the daily pivot at 1.4530. A failed attempt to move above this level will lead the exchange rate in deeper correction, targeting the support at 1.4447.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a surge of GBPUSD above the daily pivot, will lift the market towards 1.4575.<\/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>\n0.9917<\/td>\n0.9937<\/td>\n0.9947<\/td>\n<\/tr>\n
Support<\/td>\n0.9886<\/td>\n0.9875<\/td>\n0.9855<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0topped up at 0.9926, before closing below the daily pivot at 0.9906. A drop of the market below the key support at 0.9886 will open the way down to 0.9875.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\n\u00a0A higher thrust of the market above the daily pivot will fuel the pair towards the resistance level at 0.9917.<\/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\"up-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n110.11<\/td>\n110.57<\/td>\n110.94<\/td>\n<\/tr>\n
Support<\/td>\n109.63<\/td>\n109.28<\/td>\n108.94<\/td>\n<\/tr>\n
Primary Scenario<\/td>\n\u00a0The\u00a0strength of the market faded.\u00a0If the pair manages to withstand the sellers\u2019 pressure, it will climb towards the resistance at 110.11 and then higher at 110.57.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a break back below the support at 109.63 will open the way down to 109.28.<\/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>\n0.7242<\/td>\n0.7264<\/td>\n0.7280<\/td>\n<\/tr>\n
Support<\/td>\n0.7204<\/td>\n0.7189<\/td>\n0.7167<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD has just cleared the barrier at 0.7242 and is now poised to test the next level at 0.7264. A successful penetration of this level will lead the pair higher towards 0.7280.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA setback of the exchange rate below the now-support at 0.7242 will push the pair down to the daily pivot point (0.7226).<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"AUDUSDH4\"<\/a><\/p>\n

 <\/p>\n

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\"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 1.1238 1.1258 1.1279 Support 1.1197 1.1176 1.1156 Primary Scenario EURUSD\u00a0bounced up from the previous bottom and is now testing the hurdle at 1.1238. A successful attempt to penetrate this level will most likely trigger the market to hit the forthcoming resistance at 1.1258. Alternative Scenario A reversal back below […]<\/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-90152","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90152","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=90152"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90152\/revisions"}],"predecessor-version":[{"id":90170,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90152\/revisions\/90170"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=90152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=90152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=90152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}