November 25, 2015
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.0669 | 1.0697 | 1.0723 |
| Support | 1.0616 | 1.0590 | 1.0562 |
| Primary Scenario | EURUSD is now testing the resistance level at 1.0669. A successful penetration of this level will trigger the market to hit the forthcoming resistance level at 1.0697. | ||
| Alternative Scenario | A setback of the currency pair below the daily pivot will pave the path down to 1.0616. | ||
 | GBPUSD | H4 | |
| Resistance | 1.5136 | 1.5196 | 1.5238 |
| Support | 1.5034 | 1.4992 | 1.4932 |
| Primary Scenario | The pair bounced up from the previous bottom and is now negotiating above the daily pivot (1.5094). If GBPUSD manages to withhold the sellers’ pressure, the next resistance is seen at 1.5136 and then higher at 1.5196. | ||
| Alternative Scenario | A plunge of the exchange rate will push the pair below the daily pivot, with immediate target the support level at 1.5034. | ||
 | USDCHF | H4 |  |
| Resistance | 1.0190 | 1.0216 | 1.0240 |
| Support | 1.0140 | 1.0116 | 1.0090 |
| Primary Scenario | USDCHF is pivoting around the daily pivot point at 1.0166. A decisive movement to the south will push prices to find support at 1.0140 and even lower at 1.0116. | ||
| Alternative Scenario | An upward wave above the daily pivot will lead the way up to 1.0190. | ||
 | USDJPY | H4 | |
| Resistance | 122.47 | 122.77 | 122.97 |
| Support | 122.25 | 121.91 | 121.51 |
| Primary Scenario | The pair is now trading below the Kumo. If the bears achieve to take control of the bulls, the level at 122.25 will be breached and the next support level is estimated at 121.91. | ||
| Alternative Scenario | On the other hand, a higher thrust of USDJPY will exceed the hurdle at 122.47, targeting the next resistance at 122.77. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7277 | 0.7302 | 0.7349 |
| Support | 0.7205 | 0.7159 | 0.7134 |
| Primary Scenario | AUDUSD surged in this month’s highs. If the pair manages to extend its momentum, it will surpass the hurdle at 0.7277, targeting the forthcoming resistance level at 0.7302. | ||
| Alternative Scenario. | A comeback of the market will push the rate to find support at 0.7205. RSI oscillator supports this outlook. | ||
Article by ForexTime
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