May 27, 2016
Article by ForexTime
 | EURUSD | H4 |  |
| Resistance | 1.1222 | 1.1252 | 1.1289 |
| Support | 1.1155 | 1.1118 | 1.1088 |
| Primary Scenario | EURUSD is negotiating on the daily pivot point at 1.1185. A bounce up from current levels will fuel the pair to retest the hurdle at 1.2222 and even higher at 1.1252. | ||
| Alternative Scenario | A break back below the daily pivot will pave the path down to 1.1155. | ||
 | GBPUSD | H4 |  |
| Resistance | 1.4722 | 1.4780 | 1.4821 |
| Support | 1.4623 | 1.4581 | 1.4524 |
| Primary Scenario | The pair edged up at 1.4738, before closing below the daily pivot (1.4681). A deeper correction of GBPUSD will push prices to find support at 1.4623 and further down to 1.4581. | ||
| Alternative Scenario | Alternatively, a surge of the exchange rate above the daily pivot will lift the market towards 1.4722. | ||
 | USDCHF | H4 | |
| Resistance | 0.9920 | 0.9952 | 0.9977 |
| Support | 0.9864 | 0.9839 | 0.9807 |
| Primary Scenario | USDCHF is gyrating the daily pivot at 0.9895. A decisive movement to the south will lead the currency pair down to 0.9864 and then lower at 0.9839. | ||
| Alternative Scenario | A higher thrust of the market will trigger the market to hit the resistance level at 0.9920. | ||
 | USDJPY | H4 | |
| Resistance | 109.99 | 110.19 | 110.57 |
| Support | 109.74 | 109.40 | 109.09 |
| Primary Scenario | The pair has entered the kumo. If the pair manages to withstand the sellers’ pressure, the next resistance is estimated at 109.99 and even higher at 110.19. | ||
| Alternative Scenario | On the other hand, a plunge of USDJPY below the key support at 109.74 will open the way down to 109.40. | ||
 | AUDUSD | H4 | |
| Resistance | 0.7256 | 0.7290 | 0.7338 |
| Support | 0.7174 | 0.7126 | 0.7092 |
| Primary Scenario | AUDUSD is trading slightly above the daily pivot (0.7208). Should a breakout occur, the pair will penetrate the hurdle at 0.7256, with immediate target the resistance level at 0.7290. | ||
| Alternative Scenario | A comeback of the currency pair will lead the market below the daily pivot, targeting the support level at 0.7174. | ||
Article by ForexTime
ForexTime Ltd (FXTM) is an award winning international online forex broker regulated by CySEC 185/12 www.forextime.com
