October 30, 2015
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.1013 | 1.1041 | 1.1096 |
| Support | 1.0930 | 1.0874 | 1.0847 |
| Primary Scenario | EURUSD bounced up from the previous low and is now trading above the daily pivot at 1.0958. Further correction of the market will lead the exchange rate to climb towards the resistance levels at 1.1013 and then higher at 1.1041. | ||
| Alternative Scenario | A setback of the currency pair below the daily pivot will open the way down to 1.0930. | ||
 | GBPUSD | H4 | |
| Resistance | 1.5341 | 1.5370 | 1.5420 |
| Support | 1.5261 | 1.5212 | 1.5182 |
| Primary Scenario | The pair is now poised to surpass the hurdle at 1.5341. If that happens, the next resistance is seen at 1.5370. | ||
| Alternative Scenario | Alternatively, a plunge of GBPUSD below the daily pivot (1.5291) will push prices down to 1.5261. | ||
 | USDCHF | H4 |  |
| Resistance | 0.9934 | 0.9979 | 1.0004 |
| Support | 0.9865 | 0.9839 | 0.9795 |
| Primary Scenario | USDCHF topped up at 0.9956, before retracing below the daily pivot at 0.9909. A deeper correction of the market will lead the pair underway towards the support level at 0.9865 and then lower at 0.9839. | ||
| Alternative Scenario | An upward wave would lift the exchange rate above the daily pivot and even higher at 0.9934. | ||
 | USDJPY | H4 | |
| Resistance | 121.19 | 121.47 | 121.75 |
| Support | 120.82 | 120.27 | 119.77 |
| Primary Scenario | The pair is pivoting above the Kumo. Any decisive movement to the north will generate strength for the market to eliminate the barrier at 121.19 and further up to 121.47. Further increase of the rate will fuel USDJPY towards the resistance level at 121.75. | ||
| Alternative Scenario | On the other hand, should the pair manage to breach the support level at 120.82, the next target is estimated within the cloud at 120.27. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7109 | 0.7140 | 0.7161 |
| Support | 0.7057 | 0.7036 | 0.7005 |
| Primary Scenario | AUDUSD has retested the hurdle in line at 0.7109. A successful penetration of this level will most likely trigger the market towards the resistance levels at 0.7140 and 0.7161. | ||
| Alternative Scenario. | A break back below the daily pivot (0.7088) will push the pair to find support at 0.7057. | ||
Article by ForexTime
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