September 3, 2015
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.1289 | 1.1355 | 1.1392 |
| Support | 1.1186 | 1.1149 | 1.1083 |
| Primary Scenario | EURUSD is negotiating around the daily pivot point during this week. A decisive movement to breach the barrier at 1.1186 will push prices to find support down to 1.1149. | ||
| Alternative Scenario | Alternatively, an upside momentum would lift the currency pair above the daily pivot to retest the hurdle at 1.1289. | ||
 | GBPUSD | H4 | |
| Resistance | 1.5327 | 1.5357 | 1.5389 |
| Support | 1.5265 | 1.5233 | 1.5203 |
| Primary Scenario | The pair is gyrating the daily pivot (1.5295). A drop of the market will lead GBPUSD to eliminate the support at 1.5265, targeting the forthcoming level at 1.5233. | ||
| Alternative Scenario | Should the pair achieve to penetrate the daily pivot, the next resistance is seen at 1.5327. | ||
 | USDCHF | H4 |  |
| Resistance | 0.9733 | 0.9777 | 0.9856 |
| Support | 0.9609 | 0.9531 | 0.9486 |
| Primary Scenario | USDCHF has finally surpassed the daily pivot at 0.9654 and set to reach the forthcoming resistance at 0.9733. A successful attempt to exceed this level will fuel the pair further towards the next target at 0.9777 and even higher at 0.9856. | ||
| Alternative Scenario | A plunge of the exchange rate would push the pair to find support at the daily pivot and even deeper at 0.9609. | ||
 | USDJPY | H4 | |
| Resistance | 120.69 | 121.26 | 121.73 |
| Support | 120.36 | 119.96 | 119.59 |
| Primary Scenario | The pair has achieved to exit the Kumo and a new bullish outlook is now in force. If USDJPY manages to withhold the sellers’ pressure, it will climb towards the resistance level at 120.69 and then higher to 121.26. | ||
| Alternative Scenario | On the other hand, a break back below the upper level of the cloud at 120.36 will most likely lead the market down to 119.96 (Tenkan-sen) line. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7062 | 0.7088 | 0.7129 |
| Support | 0.6996 | 0.6955 | 0.6929 |
| Primary Scenario | AUDUSD has finished its correction course and is now poised to retest the key support level at 0.6996. A drop of the market below this level will generate strength for the bears to push the exchange rate lower towards the next target at 0.6955. | ||
| Alternative Scenario. | If the pair achieves to surpass the daily pivot, it will attempt to retest the resistance level at 0.7062. | ||
Article by ForexTime
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