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USDCHF recovered from the correction phase.

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EURUSD Technical AnalysisEURUSDH4Up Trend
Resistance1.14451.15111.1594
Support1.12961.12131.1147
Primary ScenarioEURUSD is revolving around the daily pivot at 1.1362. A decisive movement to the north will generate strength for the market to target the forthcoming resistances at 1.1445 and 1.1511.
Alternative ScenarioA setback of the pair will lead the rate to breach the daily pivot with immediate target the support level at 1.1296.

 

EURUSDH4

GBPUSD Technical AnalysisGBPUSDH4Down Trend
Resistance1.54381.54811.5528
Support1.53481.53001.5257
Primary ScenarioThe pair is trading narrowly below the daily pivot point (1.5390). A fruitless attempt to penetrate this level will push prices to retest the barrier at 1.5348. A break back below this level will open the way down to 1.5300.
Alternative ScenarioA higher thrust of GBPUSD will lift the pair above the daily pivot. The next resistance is seen at 1.5438.

 

GBPUSDH4

USDCHF Technical AnalysisUSDCHFH4Up Trend
Resistance0.94810.95900.9646
Support0.93150.92590.9149
Primary ScenarioUSDCHF recovered from the correction phase. Should the market manage to extend its uptrend, it will target the resistance level at 0.9481 and then higher at 0.9590.
Alternative ScenarioA comeback of the exchange rate below the daily pivot (0.9425) will lead the pair to find support at 0.9315.

 

USDCHFH4

USDJPY Technical AnalysisUSDJPYH4Up Trend
Resistance119.08119.40119.87
Support118.73118.45118.22
Primary ScenarioThe pair is now testing the upper level of the Kumo. If USDJPY achieves to exceed this key level, it will trigger the market to retest the previous top at 119.40
Alternative ScenarioA drop of the market will push prices to find support at 118.73.

 

USDJPYH4

AUDUSD Technical AnalysiAUDUSDH4Up Trend
Resistance0.78610.78850.7922
Support0.78010.77640.7740
Primary ScenarioThe pair is negotiating near the previous high. A sustained trading above the daily pivot at 0.7824, will fuel AUDUSD further towards the resistance levels at 0.7861 and even higher at 0.7885.
Alternative ScenarioShould the pair manage to violate the daily pivot, the next support is seen at 0.7801.

 

AUDUSDH4

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