{"id":130303,"date":"2018-07-18T08:18:39","date_gmt":"2018-07-18T12:18:39","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=130303"},"modified":"2018-07-18T06:59:51","modified_gmt":"2018-07-18T10:59:51","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2018-07-18","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/07\/the-analytical-overview-of-the-main-currency-pairs-on-2018-07-18\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2018.07.18"},"content":{"rendered":"<div id=\"inves-237222415\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 18, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>Analytics by\u00a0<a href=\"https:\/\/justforex.com\/?utm_source=countingpips&amp;utm_medium=article&amp;utm_campaign=analytics_daily_forecast\" target=\"_blank\" rel=\"noopener\"><u>JustForex<\/u><\/a><\/strong><\/p>\n<h2 class=\"ag-analytics_title\">The EUR\/USD currency pair<\/h2>\n<div class=\"ag-analytics_list-title\">Technical indicators of the currency pair:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Prev Open: 1.17101<\/li>\n<li class=\"ag-analytics_item\">Open: 1.16596<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.49<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.16251 \u2013 1.16649<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.0571 \u2013 1.2557<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The bearish sentiment prevails on the EUR\/USD currency pair. During yesterday&#8217;s and today&#8217;s trading sessions, the drop in quotations has counted to 80 points. Demand for the American currency grew after the speech by the Fed&#8217;s head. The regulator noted the stability of the labor market and his plans for a gradual increase in the key interest rate. At the moment, the key trading range is 1.16250-1.16500. We recommend opening positions from these marks. We are waiting for important economic reports.<\/p>\n<div class=\"ag-analytics_list-title\">The news feed on 2018.07.18:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">&#8211; The consumer price index in the Eurozone at 12:00 (GMT+3:00);<\/li>\n<li class=\"ag-analytics_item\">&#8211; Statistics on the real estate market in the US at 15:30 (GMT+3:00);<\/li>\n<li class=\"ag-analytics_item\">&#8211; The Fed&#8217;s &#8220;Beige book&#8221; at 21:00 (GMT+3:00).<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">We also recommend paying attention to the speech by the Fed&#8217;s head.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-07-18.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-07-18.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price has fixed below 50 MA and 200 MA, which indicates the power of sellers.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is located in the negative zone and below the signal line, which gives a strong signal to sell EUR\/USD.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in oversold zone, the %K line is crossing the %D line. There are no accurate signals.<\/p><div id=\"inves-1703429577\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.16250, 1.16000, 1.15500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.16500, 1.16750, 1.17000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the support level of 1.16250, further decline in EUR\/USD is expected. The movement is tending to 1.16000-1.15500.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes above 1.16500, we recommend you to look for entry points to open long positions. The target movement level is 1.16750-1.17000.<\/p>\n<h2 class=\"ag-analytics_title\">The GBP\/USD currency pair<\/h2>\n<div class=\"ag-analytics_list-title\">Technical indicators of the currency pair:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Prev Open: 1.32330<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31103<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.99<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.30793 \u2013 1.31169<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2361 \u2013 1.4345<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">Yesterday aggressive sales were observed on the GBP\/USD currency pair. The drop in quotations exceeded 130 points. Demand for the US dollar has grown significantly after the statements by the Fed&#8217;s head. Additional pressure on the pound was caused by a weak report on the labor market in the UK. At the moment, GBP\/USD is testing the local support and resistance levels: 1.30750 and 1.31150, respectively. The positions must be opened from these marks.<\/p>\n<p class=\"ag-analytics_text\">At 11:30 (GMT+3:00), the UK consumer price index will be published.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-07-18.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-07-18.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators point to the power of sellers. The price has fixed below 50 MA and 200 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the negative zone, but above the signal line, which gives a weak signal to sell GBP\/USD.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is located in the neutral zone, the %K line is below the %D line, which indicates the bearish sentiment.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.30750, 1.30250, 1.30000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31150, 1.31700, 1.32000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price falls below the support level of 1.30750, further fall of the GBP\/USD currency pair is expected. The movement is tending to 1.30300-1.30000.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes above 1.31150, it is necessary to consider buying GBP\/USD. The movement is tending to 1.31500-1.31700.<\/p>\n<h2 class=\"ag-analytics_title\">The USD\/CAD currency pair<\/h2>\n<div class=\"ag-analytics_list-title\">Technical indicators of the currency pair:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Prev Open: 1.31367<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31928<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.52<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.31907 \u2013 1.32453<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2059 \u2013 1.3795<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">At the moment there are aggressive purchases of USD\/CAD. During yesterday&#8217;s and today&#8217;s trading, the growth of quotations exceeded 100 points. The trading instrument has updated a monthly maximum. At the moment the USD\/CAD quotes are testing the local resistance of 1.32400. The mark of 1.32150 is already a &#8220;mirror&#8221; support. The currency pair is tending to grow. We recommend opening positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The news feed on Canada&#8217;s economy is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-07-18.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-07-18.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators point to the power of buyers: the price has fixed above 50 MA and 200 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the positive zone and above the signal line, which gives a strong signal to buy USD\/CAD.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is located in the overbought zone, the %K line is crossing the %D line. There are no signals at the moment.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.32150, 1.31850, 1.31550<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.32400, 1.33000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the local resistance of 1.32400, further growth of the USD\/CAD currency pair is expected. The movement is tending to the round level of 1.33000.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes below the &#8220;mirror&#8221; support of 1.32150, a correction movement is expected. The target level of movement is 1.31850-1.31700.<\/p>\n<h2 class=\"ag-analytics_title\">The USD\/JPY currency pair<\/h2>\n<div class=\"ag-analytics_list-title\">Technical indicators of the currency pair:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Prev Open: 112.269<\/li>\n<li class=\"ag-analytics_item\">Open: 112.858<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.65<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 112.833 \u2013 113.137<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 104.56 \u2013 114.74<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">USD\/JPY continues to show positive dynamics. Currently, quotes are testing monthly highs. The key trading range is 112.800-113.100. In the near future, a technical correction is not ruled out. We recommend paying attention to the news feed from the USA. Positions must be opened from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The publication of important economic reports from Japan is not planned.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-07-18.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-07-18.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price has fixed above 50 MA and 200 MA, which indicates the power of buyers.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the positive zone, but below the signal line, which gives a weak signal to buy USD\/JPY.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is located in the neutral zone, the %K line is crossing the %D line. There are no signals at the moment.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 112.800, 112.500, 112.200<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 113.100, 113.500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the 113.100 level, you should consider buying USD\/JPY. The movement is tending to 113.500-113.750.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price falls below the &#8220;mirror&#8221; support level of 112.800, the correction of the USD\/JPY currency pair is expected. The target level of movement is 112.500-112.300.<\/p>\n<p class=\"ag-analytics_text\"><strong>Analytics by\u00a0<a href=\"https:\/\/justforex.com\/?utm_source=countingpips&amp;utm_medium=article&amp;utm_campaign=analytics_daily_forecast\" target=\"_blank\" rel=\"noopener\"><u>JustForex<\/u><\/a>, <span class=\"updated\">2018.07.18<\/span><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analytics by\u00a0JustForex The EUR\/USD currency pair Technical indicators of the currency pair: Prev Open: 1.17101 Open: 1.16596 % chg. over the last day: -0.49 Day&#8217;s range: 1.16251 \u2013 1.16649 52 wk range: 1.0571 \u2013 1.2557 The bearish sentiment prevails on the EUR\/USD currency pair. During yesterday&#8217;s and today&#8217;s trading sessions, the drop in quotations has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-130303","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/130303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=130303"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/130303\/revisions"}],"predecessor-version":[{"id":130304,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/130303\/revisions\/130304"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=130303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=130303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=130303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}