{"id":90609,"date":"2016-06-01T07:24:58","date_gmt":"2016-06-01T11:24:58","guid":{"rendered":"http:\/\/countingpips.com\/?p=90609"},"modified":"2016-06-01T07:24:58","modified_gmt":"2016-06-01T11:24:58","slug":"gbpusd-collapsed-in-the-previous-session","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/gbpusd-collapsed-in-the-previous-session\/","title":{"rendered":"GBPUSD collapsed in the previous session."},"content":{"rendered":"
June 1, 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>\n1.1161<\/td>\n1.1192<\/td>\n1.1212<\/td>\n<\/tr>\n
Support<\/td>\n1.1109<\/td>\n1.1090<\/td>\n1.1058<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD\u00a0is\u00a0now testing the key support at 1.1109. A break back below this level will open the way down to 1.1090 and even lower at 1.1058.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA higher thrust of the market will lead the exchange rate towards the daily pivot (1.1141) and further up to 1.1161.<\/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>\n1.4646<\/td>\n1.4815<\/td>\n1.4906<\/td>\n<\/tr>\n
Support<\/td>\n1.4387<\/td>\n1.4296<\/td>\n1.4128<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair\u00a0collapsed in the previous session. Further bearish momentum will push prices to find support at 1.4387.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a correction course would lift GBPUSD to hit the daily pivot at 1.4555.<\/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\"up-trend\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.9961<\/td>\n0.9988<\/td>\n1.0026<\/td>\n<\/tr>\n
Support<\/td>\n0.9897<\/td>\n0.9859<\/td>\n0.9832<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0is now poised to retest the barrier at 0.9961. A successful attempt to penetrate this level will trigger the pair to target the forthcoming resistance level at 0.9988.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\n\u00a0A reversal back below the daily pivot point (0.9923) will pave the path down to 0.9897.<\/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>\n110.50<\/td>\n111.22<\/td>\n111.83<\/td>\n<\/tr>\n
Support<\/td>\n109.90<\/td>\n109.51<\/td>\n109.16<\/td>\n<\/tr>\n
Primary Scenario<\/td>\n\u00a0The USDJPY pair is negotiating slightly above the upper level of the cloud. A bounce up from current levels will fuel the pair to retest the hurdle at 110.50 and further up to 111.22.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a breach of the upper level of the Kumo at 109.90 will push the market to find support at 109.51.<\/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>\n0.7271<\/td>\n0.7313<\/td>\n0.7361<\/td>\n<\/tr>\n
Support<\/td>\n0.7182<\/td>\n0.7135<\/td>\n0.7093<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0surged above the key resistance at 0.7271 in today\u2019s session. If the pair manages to extend its uptrend, it will target the next level at 0.7313 and then higher at 0.7361.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nShould the pair achieve to breach the now-support at 0.7271, the next support is seen at 0.7224 (daily pivot point).<\/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 1.1161 1.1192 1.1212 Support 1.1109 1.1090 1.1058 Primary Scenario EURUSD\u00a0is\u00a0now testing the key support at 1.1109. A break back below this level will open the way down to 1.1090 and even lower at 1.1058. Alternative Scenario A higher thrust of the market will lead the exchange rate towards the […]<\/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-90609","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90609","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=90609"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90609\/revisions"}],"predecessor-version":[{"id":90636,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/90609\/revisions\/90636"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=90609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=90609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=90609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}