EURUSD surged slightly below the resistance level at 1.1365.

September 14, 2015

Article by ForexTime

EURUSD Technical AnalysisEURUSDH4Up Trend
Resistance1.13651.14051.1461
Support1.12691.12131.1174
Primary ScenarioEURUSD surged slightly below the resistance level at 1.1365. A successful attempt to penetrate this level will trigger the market to target the forthcoming levels at 1.1405 and 1.1461.
Alternative ScenarioA reversal back below the daily pivot point (1.1309) will push the pair to find support at 1.1269.

 

EURUSDH4

 

GBPUSD Technical AnalysisGBPUSDH4Up Trend
Resistance1.54571.54901.5519
Support1.53951.53661.5333
Primary ScenarioThe pair is revolving the daily pivot point at 1.5428. If the pair manages to withstand the sellers’ pressure, GBPUSD will climb towards the resistance level at 1.5457 and then higher to 1.5490.
Alternative ScenarioShould the pair achieve to breach the daily pivot, the next support lies ahead down to 1.5395.

 

GBPUSDH4

 

USDCHF Technical AnalysisUSDCHFH4Down Trend
Resistance0.97630.98360.9877
Support0.96490.96080.9536
Primary ScenarioUSDCHF is heading towards the support level at 0.9649. Further drop of the market will lead the exchange rate lower the support level at 0.9608.
Alternative ScenarioAn upward wave would lift the currency pair above the daily pivot, targeting the resistance level at 0.9763.

 

USDCHFH4

 

USDJPY Technical AnalysisUSDJPYH4Up Trend
Resistance120.60120.95121.31
Support120.14119.80119.34
Primary ScenarioThe pair is moving sideways above the Kumo. A decisive movement to the north will most likely fuel the pair above the hurdle at 120.60, with immediate target the resistance level at 120.95.
Alternative ScenarioOn the other hand, a tumble of the market below the upper level (120.14) of the cloud will push prices to hit the support at 119.80.

USDJPYH4

AUDUSD Technical AnalysiAUDUSDH4Up Trend
Resistance0.71060.71270.7162
Support0.70490.70140.6993
Primary ScenarioAUDUSD edged up at 0.7135, before retracing below the resistance at 0.7106. If the pair manages to retest and surpass the hurdle at 0.7106, the currency pair will retest the resistance at 0.7127 and even higher at 0.7162.
Alternative Scenario. A plunge of the market below the daily pivot (0.7070) will lead the pair down to 0.7049.

 

AUDUSDH4

 


Forex-Time-LogoArticle by ForexTime

ForexTime Ltd (FXTM) is an award winning international online forex broker regulated by CySEC 185/12 www.forextime.com