{"id":92102,"date":"2016-06-29T07:03:37","date_gmt":"2016-06-29T11:03:37","guid":{"rendered":"http:\/\/countingpips.com\/?p=92102"},"modified":"2016-06-29T07:03:37","modified_gmt":"2016-06-29T11:03:37","slug":"eurusd-is-revolving-the-daily-pivot-point-at-1-1061","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/eurusd-is-revolving-the-daily-pivot-point-at-1-1061\/","title":{"rendered":"EURUSD is revolving the daily pivot point at 1.1061."},"content":{"rendered":"
June 29, 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\"<\/a><\/td>\n<\/tr>\n
Resistance<\/td>\n1.1112<\/td>\n1.1162<\/td>\n1.1214<\/td>\n<\/tr>\n
Support<\/td>\n1.1011<\/td>\n1.0959<\/td>\n1.0909<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD is revolving the daily pivot point at 1.1061. A bounce up from current levels will accelerate the pair to retest the barrier at 1.1112 and even higher at 1.1162.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA reversal back below the daily pivot will push the market down to 1.1011.<\/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>\n1.3438<\/td>\n1.3538<\/td>\n1.3659<\/td>\n<\/tr>\n
Support<\/td>\n1.3218<\/td>\n1.3097<\/td>\n1.2998<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair\u00a0is\u00a0gyrating the daily pivot (1.3317). If the pair manages to withstand the sellers\u2019 pressure, the next resistance is seen at 1.3438 and then higher at 1.3538.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a plunge of GBPUSD below the daily pivot will pave the path down to 1.3218.<\/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>\n0.9848<\/td>\n0.9879<\/td>\n0.9922<\/td>\n<\/tr>\n
Support<\/td>\n0.9774<\/td>\n0.9731<\/td>\n0.9700<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0topped up at 0.9836, before closing below the daily pivot at 0.9805. A deeper correction of the exchange rate would push prices to find support at 0.9774 and further down to 0.9731.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAn upward wave above the daily pivot will lift the currency pair towards 0.9848.<\/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>\n102.56<\/td>\n103.23<\/td>\n103.95<\/td>\n<\/tr>\n
Support<\/td>\n102.23<\/td>\n101.11<\/td>\n100.22<\/td>\n<\/tr>\n
Primary Scenario<\/td>\n\u00a0The\u00a0pair is oscillating between the suppoort level at 101.11 and the resistance level at 103.23. A break back below the support at 102.23 will open the way down to 101.11.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a higher thrust above the hurdle at 102.56 will fuel the pair towards 103.23.<\/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>\n0.7424<\/td>\n0.7466<\/td>\n0.7518<\/td>\n<\/tr>\n
Support<\/td>\n0.7331<\/td>\n0.7279<\/td>\n0.7238<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0is now testing the important resistance level at 0.7424. A successful attempt to penetrate this level will trigger the market to retest the forthcoming resistance at 0.7466 and even higher at 0.7518.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA comeback of the pair below the daily pivot (0.7373) will lead the market down to 0.7331.<\/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 1.1112 1.1162 1.1214 Support 1.1011 1.0959 1.0909 Primary Scenario EURUSD is revolving the daily pivot point at 1.1061. A bounce up from current levels will accelerate the pair to retest the barrier at 1.1112 and even higher at 1.1162. Alternative Scenario A reversal back below the daily pivot will […]<\/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-92102","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92102","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=92102"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92102\/revisions"}],"predecessor-version":[{"id":92124,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92102\/revisions\/92124"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=92102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=92102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=92102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}