{"id":92347,"date":"2016-07-04T07:54:44","date_gmt":"2016-07-04T11:54:44","guid":{"rendered":"http:\/\/countingpips.com\/?p=92347"},"modified":"2016-07-04T07:54:44","modified_gmt":"2016-07-04T11:54:44","slug":"audusd-is-trading-near-the-previous-top","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/07\/audusd-is-trading-near-the-previous-top\/","title":{"rendered":"AUDUSD is trading near the previous top."},"content":{"rendered":"
July 4, 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>\n1.1179<\/td>\n1.1222<\/td>\n1.1277<\/td>\n<\/tr>\n
Support<\/td>\n1.1082<\/td>\n1.1028<\/td>\n1.0984<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nEURUSD is trading slightly above the daily pivot point (1.1125). A bounce up from current levels will most likely lead the market to retest the hurdle at 1.1179 and even higher at 1.1222.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA plunge of the market below the daily pivot will pave the path down to 1.1082.<\/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>\n1.3332<\/td>\n1.3393<\/td>\n1.3437<\/td>\n<\/tr>\n
Support<\/td>\n1.3227<\/td>\n1.3183<\/td>\n1.3122<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nThe pair\u00a0is\u00a0negotiating on the daily pivot at 1.3288. A decisive movement to the south will trigger the market to find support at 1.3227 and further down to 1.3183.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nAlternatively, a successful attempt to penetrate the daily pivot will fuel the pair towards 1.3332.<\/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>\n0.9766<\/td>\n0.9808<\/td>\n0.9837<\/td>\n<\/tr>\n
Support<\/td>\n0.9696<\/td>\n0.9667<\/td>\n0.9625<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nUSDCHF\u00a0is trading narrowly below the daily pivot at 0.9738. Further drop of the market will open the way down to 0.9696 and then lower at 0.9667.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA surge of the market above the daily pivot will lift the exchange rate to retest the hurdle at 0.9766.<\/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>\n102.91<\/td>\n103.36<\/td>\n103.97<\/td>\n<\/tr>\n
Support<\/td>\n102.42<\/td>\n102.15<\/td>\n101.75<\/td>\n<\/tr>\n
Primary Scenario<\/td>\n\u00a0The USDJPY pair is trading within the\u00a0Kumo. Should the pair manage to exceed the barrier at 102.91, it will target the forthcoming resistance level at 103.36.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nOn the other hand, a reversal back below the key support at 102.42 will push the pair to find support at 102.15.<\/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>\n0.7517<\/td>\n0.7542<\/td>\n0.7583<\/td>\n<\/tr>\n
Support<\/td>\n0.7451<\/td>\n0.7411<\/td>\n0.7386<\/td>\n<\/tr>\n
Primary Scenario<\/td>\nAUDUSD\u00a0is trading near the previous top. An upward wave would accelerate the pair to surpass the hurdle in line at 0.7517, targeting the next resistance level at 0.7542.<\/td>\n<\/tr>\n
Alternative Scenario<\/td>\nA setback of the currency pair below the daily pivot (0.7477) will lead the rate to retest the support at 0.7451.<\/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 1.1179 1.1222 1.1277 Support 1.1082 1.1028 1.0984 Primary Scenario EURUSD is trading slightly above the daily pivot point (1.1125). A bounce up from current levels will most likely lead the market to retest the hurdle at 1.1179 and even higher at 1.1222. Alternative Scenario A plunge of the market […]<\/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-92347","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92347","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=92347"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92347\/revisions"}],"predecessor-version":[{"id":92365,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92347\/revisions\/92365"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=92347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=92347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=92347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}