{"id":91755,"date":"2016-06-22T07:19:43","date_gmt":"2016-06-22T11:19:43","guid":{"rendered":"http:\/\/countingpips.com\/?p=91755"},"modified":"2016-06-22T07:19:43","modified_gmt":"2016-06-22T11:19:43","slug":"eurusd-turned-back-sharply-in-the-previous-session","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/eurusd-turned-back-sharply-in-the-previous-session\/","title":{"rendered":"EURUSD turned back sharply in the previous session."},"content":{"rendered":"
June 22, 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>\n1.1313<\/td>\n1.1385<\/td>\n1.1421<\/td>\n<\/tr>\n
Support<\/td>\n1.1206<\/td>\n1.1169<\/td>\n1.1098<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD\u00a0turned back sharply in the previous session. Further drop of the market will push the pair to retest the key support at 1.1206 and even lower at 1.1169.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA surge of the exchange rate above the daily pivot (1.1277) will lift the currency pair towards 1.1313.<\/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>\n1.4747<\/td>\n1.4847<\/td>\n1.4913<\/td>\n<\/tr>\n
Support<\/td>\n1.4580<\/td>\n1.4515<\/td>\n1.4414<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair\u00a0is\u00a0gyrating the daily pivot point at 1.4681. A decisive movement to the north will most likely lead GBPUSD to retest the hurdle in line at 1.4747. A successful penetration of this level will pave the path towards 1.4847.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a reversal back below the daily pivot will push prices to hit the support at 1.4580.<\/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>\n0.9638<\/td>\n0.9656<\/td>\n0.9689<\/td>\n<\/tr>\n
Support<\/td>\n0.9586<\/td>\n0.9553<\/td>\n0.9534<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0is\u00a0oscillating around the daily pivot point at 0.9604. If the pair manages to withhold the sellers\u2019 pressure, it will climb towards the resistance levels at 0.9638 and 0.9656.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA comeback of the market below the daily pivot will open the way down to 0.9586.<\/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>\n104.61<\/td>\n105.04<\/td>\n105.75<\/td>\n<\/tr>\n
Support<\/td>\n104.33<\/td>\n103.55<\/td>\n103.02<\/td>\n<\/tr>\n
Primary Scenario<\/td>\n\u00a0The\u00a0trend has been overall neutral between 103.55 and 105.04. Any forceful attempt to violate the support at 104.33 will target the previous low\u00a0at 103.55<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, an upward wave would fuel the pair above the barrier at 104.61, targeting the resistance at 105.04.<\/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\"Down<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n0.7492<\/td>\n0.7535<\/td>\n0.7558<\/td>\n<\/tr>\n
Support<\/td>\n0.7425<\/td>\n0.7402<\/td>\n0.7359<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0edged up at 0.7478, before retracing below the daily pivot (0.7468). A deeper correction of the market will lead the pair to find support at 0.7425 and further down to 0.7402.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA higher thrust of the market above the daily pivot will push the exchange rate towards 0.7492.<\/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 1.1313 1.1385 1.1421 Support 1.1206 1.1169 1.1098 Primary Scenario EURUSD\u00a0turned back sharply in the previous session. Further drop of the market will push the pair to retest the key support at 1.1206 and even lower at 1.1169. Alternative Scenario A surge of the exchange rate above 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-91755","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91755","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=91755"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91755\/revisions"}],"predecessor-version":[{"id":91775,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91755\/revisions\/91775"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=91755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=91755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=91755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}