September 28, 2015
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.1241 | 1.1294 | 1.1356 |
| Support | 1.1125 | 1.1062 | 1.1009 |
| Primary Scenario | EURUSD is gyrating the daily pivot point at 1.1178. A decisive movement to the south will push the pair to find support at 1.1125 and further down to 1.1062. | ||
| Alternative Scenario | A higher thrust of the exchange rate would fuel the pair above the daily pivot, targeting the resistance level at 1.1241. | ||
 | GBPUSD | H4 |  |
| Resistance | 1.5242 | 1.5313 | 1.5367 |
| Support | 1.5117 | 1.5063 | 1.4993 |
| Primary Scenario | The pair is trading slightly above the daily pivot (1.5188). A surge of GBPUSD above this level will lead the market towards the resistance level at 1.5242 and then higher at 1.5313. | ||
| Alternative Scenario | A drop of the pair below the daily pivot point will open the way down to 1.5117. | ||
 | USDCHF | H4 | |
| Resistance | 0.9839 | 0.9891 | 0.9939 |
| Support | 0.9739 | 0.9691 | 0.9640 |
| Primary Scenario | USDCHF is oscillating around the daily pivot at 0.9791. If the pair manages to withstand the sellers’ pressure, it will climb towards the resistance level at 0.9839 and even higher at 0.9891. | ||
| Alternative Scenario | A plunge of the market below the daily pivot will push prices to find support at 0.9739. | ||
 | USDJPY | H4 | |
| Resistance | 120.46 | 120.91 | 121.22 |
| Support | 120.18 | 119.87 | 119.52 |
| Primary Scenario | The pair is trading narrowly above the upper level of the cloud at 120.18. Should the pair achieve to gain its bullish momentum, the next resistance is seen at 120.46 and even higher at 120.91. | ||
| Alternative Scenario | Alternatively, a break back below the support at 120.18 will lead the currency pair down to 119.87. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7050 | 0.7078 | 0.7114 |
| Support | 0.6987 | 0.6950 | 0.6923 |
| Primary Scenario | AUDUSD is revolving the daily pivot point (0.7014). Any forceful attempt to retest the hurdle at 0.7050 will trigger the market to hit the forthcoming level at 0.7078. | ||
| Alternative Scenario. | A comeback of the exchange rate will pave the path lower towards the support level at 0.6987. | ||
Article by ForexTime
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