December 31, 2015
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.0948 | 1.0966 | 1.0990 |
| Support | 1.0906 | 1.0883 | 1.0864 |
| Primary Scenario | EURUSD is oscillating around the daily pivot point at 1.0924. A decisive movement to the north will fuel the pair to retest the hurdle at 1.0948 and further up the resistance level at 1.0966. | ||
| Alternative Scenario | If the pair break below the daily pivot, the next support is seen at 1.0906. | ||
 | GBPUSD | H4 | |
| Resistance | 1.4842 | 1.4872 | 1.4897 |
| Support | 1.4786 | 1.4761 | 1.4731 |
| Primary Scenario | The pair is pivoting around the daily pivot (1.4817). A bounce up from current levels will trigger GBPUSD to hit the resistance at 1.4842 and then higher 1.4872. | ||
| Alternative Scenario | Alternatively, a plunge of the market below the daily pivot will lead the currency pair to find support at 1.4786. | ||
 | USDCHF | H4 |  |
| Resistance | 0.9922 | 0.9961 | 0.9993 |
| Support | 0.9850 | 0.9817 | 0.9778 |
| Primary Scenario | USDCHF is trading slightly below the daily pivot at 0.9889. A tumble of the market will push prices to find support at 0.9850 and further down to 0.9817. | ||
| Alternative Scenario | An upward wave above the daily pivot would lift the currency pair towards the resistance at 0.9922. | ||
 | USDJPY | H4 | |
| Resistance | 120.55 | 120.86 | 121.34 |
| Support | 120.33 | 119.88 | 119.59 |
| Primary Scenario | The trend has been overall neutral this week. Should the pair manage to violate the key support at 120.33, the next support is estimated at 119.88. | ||
| Alternative Scenario | On the other hand, a surge of the pair will accelerate the market to penetrate the barrier at 120.55, with immediate target the resistance at 120.86. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7300 | 0.7317 | 0.7332 |
| Support | 0.7268 | 0.7253 | 0.7236 |
| Primary Scenario | AUDUSD has just surpassed the key resistance at 0.7300. If the pair manages to extend its momentum, it will target the forthcoming resistance level at 0.7317 and even higher at 0.7332. | ||
| Alternative Scenario. | A reversal back below the support at 0.7300 will lead the currency pair to hit the daily pivot point at 0.7285. | ||
Article by ForexTime
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