November 18, 2015
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.0676 | 1.0713 | 1.0736 |
| Support | 1.0616 | 1.0593 | 1.0557 |
| Primary Scenario | EURUSD is following a downtrend. If the pair manages to extend its momentum, the next support is seen at 1.0616 and further down to 1.0593. | ||
| Alternative Scenario | Should the pair achieve to surpass the daily pivot at 1.0653, it will retest the resistance level at 1.0676. | ||
 | GBPUSD | H4 |  |
| Resistance | 1.5247 | 1.5285 | 1.5332 |
| Support | 1.5163 | 1.5116 | 1.5079 |
| Primary Scenario | The pair is revolving the daily pivot point at 1.5200. A decisive movement to the north will trigger the market to penetrate the barrier at 1.5247, targeting the resistance level at 1.5285. | ||
| Alternative Scenario | A plunge of GBPUSD below the daily pivot will push prices to find support at 1.5163. | ||
 | USDCHF | H4 | |
| Resistance | 1.0178 | 1.0213 | 1.0257 |
| Support | 1.0100 | 1.0057 | 1.0022 |
| Primary Scenario | USDCHF is still rising north. A successful attempt to exceed the hurdle at 1.0178 will act as a catalyst for the market to hit the forthcoming resistance level at 1.0213. | ||
| Alternative Scenario | A reversal back below the daily pivot (1.0135) will lead the exchange rate down to 1.0100. RSI supports this outlook. | ||
 | USDJPY | H4 | |
| Resistance | 123.48 | 124.14 | 124.64 |
| Support | 123.15 | 122.83 | 122.37 |
| Primary Scenario | The USDJPY pair is still negotiating in a bullish sentiment. A higher thrust of the market above the barrier at 123.48 will lead the rate to reach the estimated resistance level at 124.14. | ||
| Alternative Scenario | Alternatively, a comeback of the currency pair below the level at 123.15 will push prices to find support at 122.83. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7141 | 0.7174 | 0.7209 |
| Support | 0.7074 | 0.7039 | 0.7007 |
| Primary Scenario | AUDUSD is oscillating around the daily pivot point (0.7106). Any forceful attempt to violate the barrier at 0.7074 will open the way down to 0.7039. | ||
| Alternative Scenario. | On the other hand, an upward wave would fuel the pair above the daily pivot, with immediate target the resistance level at 0.7141. | ||
Article by ForexTime
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