November 10, 2015
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.0786 | 1.0822 | 1.0856 |
| Support | 1.0716 | 1.0682 | 1.0646 |
| Primary Scenario | EURUSD is oscillating around the daily pivot point at 1.0752. A decisive movement to the south will lead the pair to violate the support level at 1.0716, opening the way down to 1.0682. | ||
| Alternative Scenario | Should the pair achieve to exceed the daily pivot, it will retest the hurdle in line at 1.0786. | ||
 | GBPUSD | H4 |  |
| Resistance | 1.5145 | 1.5180 | 1.5232 |
| Support | 1.5058 | 1.5005 | 1.4971 |
| Primary Scenario | The pair bottomed at 1.5026, before closing above the daily pivot (1.5093). Further correction of GBPUSD will trigger the market towards the resistance levels at 1.5145 and 1.5180. | ||
| Alternative Scenario | On the other hand, a plunge of the market below the daily pivot will push prices to find support at 1.5058. | ||
 | USDCHF | H4 | |
| Resistance | 1.0063 | 1.0094 | 1.0127 |
| Support | 0.9999 | 0.9966 | 0.9935 |
| Primary Scenario | USDCHF keeps its bullish momentum and is negotiating near the previous high. If the pair manages to extend its uptrend, it will eliminate the barrier at 1.0063, with immediate target the resistance at 1.0094. | ||
| Alternative Scenario | A comeback of the exchange rate would breach the daily pivot, with the scope to find support at 0.9999. | ||
 | USDJPY | H4 | |
| Resistance | 123.59 | 123.91 | 124.59 |
| Support | 123.02 | 122.67 | 122.26 |
| Primary Scenario | The pair is still negotiating in a bullish sentiment. If the pair manages to withstand the sellers’ pressure, it will target the previous top at 123.59 and further up to 123.91. | ||
| Alternative Scenario | Alternatively, a setback of USDJPY will pave the path down to 123.02 and then lower at 122.67. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7066 | 0.7090 | 0.7111 |
| Support | 0.7022 | 0.7001 | 0.6978 |
| Primary Scenario | AUDUSD is now poised to retest the hurdle at 0.7066. A successful attempt to penetrate this level will fuel the pair further towards the resistance level at 0.7090. | ||
| Alternative Scenario. | A tumble of the market below the daily pivot (0.7045) will push the currency pair to hit the support level at 0.7022. | ||
Article by ForexTime
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