{"id":92209,"date":"2016-07-01T06:17:03","date_gmt":"2016-07-01T10:17:03","guid":{"rendered":"http:\/\/countingpips.com\/?p=92209"},"modified":"2016-07-01T06:17:03","modified_gmt":"2016-07-01T10:17:03","slug":"eurusd-has-experienced-strong-resistance-during-the-week","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/07\/eurusd-has-experienced-strong-resistance-during-the-week\/","title":{"rendered":"EURUSD has experienced strong resistance during the week."},"content":{"rendered":"
July 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\"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 has experienced strong resistance during the week. A successful attempt to penetrate the hurdle at 1.1112 will trigger the market to hit the resistance at 1.1162.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA reversal back below the daily pivot at 1.1061 will pave the path 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\"Down<\/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\u00a0trading slightly below the daily pivot point at 1.3317. Any forceful movement to the south will push prices to find support at 1.3218 and then lower at 1.3097.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a higher thrust of the exchange rate would lead GBPUSD to retest the resistance at 1.3438.<\/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\u00a0has tested the support level at 0.9731. If the bears manage to overweigh the bulls pressure, the pair will eliminate the key support at 0.9731, with immediate target the next level at 0.9700.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAn upward wave above the hurdle at 0.9774 will fuel the pair to hit the daily pivot point at 0.9805.<\/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>\n103.37<\/td>\n103.95<\/td>\n104.86<\/td>\n<\/tr>\n
Support<\/td>\n102.32<\/td>\n101.52<\/td>\n100.69<\/td>\n<\/tr>\n
Primary Scenario<\/td>\n\u00a0The\u00a0pair is trading on the Kumo. A decisive movement to the south will lead USDJPY towards the support level at 102.32 and further down to 101.52.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a surge of the market above the cloud will lift the exchange rate to retest the hurdle at 103.37.<\/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 at 0.7466. If the pair manages to withhold the sellers\u2019 pressure, it will surpass this level, targeting the forthcoming resistance level at 0.7518.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA comeback of the market will push the pair to find support at 0.7424.<\/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 has experienced strong resistance during the week. A successful attempt to penetrate the hurdle at 1.1112 will trigger the market to hit the resistance at 1.1162. Alternative Scenario A reversal back below the daily pivot at 1.1061 will pave […]<\/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-92209","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92209","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=92209"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92209\/revisions"}],"predecessor-version":[{"id":92226,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92209\/revisions\/92226"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=92209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=92209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=92209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}