{"id":130359,"date":"2018-07-19T08:15:45","date_gmt":"2018-07-19T12:15:45","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=130359"},"modified":"2018-07-19T07:51:01","modified_gmt":"2018-07-19T11:51:01","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2018-07-19","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/07\/the-analytical-overview-of-the-main-currency-pairs-on-2018-07-19\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2018.07.19"},"content":{"rendered":"<div id=\"inves-2180200124\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 19, 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: 1.16596<\/li>\n<li class=\"ag-analytics_item\">Open: 1.16366<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.14<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.16255 \u2013 1.16566<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.0571 \u2013 1.2557<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">Yesterday&#8217;s trading on the EUR\/USD currency pair was very active. However, a unidirectional trend was not observed. At the moment, quotes are testing local support and resistance levels: 1.16250 and 1.16500, respectively. The trading instrument is tending to decline. We are waiting for statistics from the USA. We recommend opening positions from the key levels.<\/p>\n<div class=\"ag-analytics_list-title\">The news feed on 2018.07.19:<\/div>\n<p class=\"ag-analytics_text\">At 15:30 (GMT+3:00) the index of production activity from the Federal Reserve Bank of Philadelphia will be published.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-07-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-07-19.jpg\" alt=\"EUR\/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 located in the negative zone and continues to decline, which indicates a bearish sentiment on the EUR\/USD currency pair.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in the neutral zone, the %K line is below the %D line, which also gives a signal to sell EUR\/USD.<\/p><div id=\"inves-3627586764\" 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 is fixed below 1.16250, further fall of the EUR\/USD currency pair 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 the resistance level of 1.16500, it is necessary to consider buying EUR\/USD. The movement is tending to 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: 1.31103<\/li>\n<li class=\"ag-analytics_item\">Open: 1.30659<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.29<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.30441 \u2013 1.30832<\/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, GBP\/USD continued to decline. Pressure on the pound was put by a weak inflation report in the UK. In June, the consumer price index counted to 2.4% (year on year), which is below the market expectations of 2.6%. At the moment, the GBP\/USD is testing local support and resistance levels: 1.30400 and 1.30800, respectively. In the near future, a technical correction is not ruled out. Positions must be opened from the key levels.<\/p>\n<p class=\"ag-analytics_text\">At 11:30 (GMT+3:00) a report on retail sales in the UK 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-2018-07-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-07-19.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators point to the power 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 and continues to decline, which signals a bearish sentiment.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is located in the neutral zone, the %K line is below the %D line, which sends a signal to sell GBP\/USD.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.30400, 1.30100, 1.29750<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.30800, 1.31150, 1.31700<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price falls below the support level of 1.30400, further drop in the GBP\/USD price is expected. The closest target for fixing profits is the mark of 1.30100-1.30000.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes above 1.30800, a correction movement is expected. The movement is tending to 1.31150-1.31400.<\/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: 1.31928<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31654<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.16<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.31598 \u2013 1.31936<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2059 \u2013 1.3795<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">During yesterday&#8217;s trading the bearish sentiment prevailed on the USD\/CAD currency pair. The Canadian dollar has recovered a significant part of the losses. At the moment the USD\/CAD quotes are testing the &#8220;mirror&#8221; resistance of 1.31900. The key support is the mark 1.31600. We are waiting for statistics from the USA. We recommend opening positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The news feed on economy of Canada is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-07-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-07-19.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not send accurate signals. The price has crossed 50 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 USD\/CAD.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is located in the neutral zone, the %K line is above the %D line, which indicates the bullish 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: 1.31600, 1.31250<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31900, 1.32150, 1.32350<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the &#8220;mirror&#8221; resistance of 1.31900, it is necessary to consider buying USD\/CAD. The movement is tending to 1.32150-1.32350.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, USD\/CAD may drop to 1.31600-1.31500.<\/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: 112.858<\/li>\n<li class=\"ag-analytics_item\">Open: 112.829<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.06<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 112.652 \u2013 112.966<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 104.56 \u2013 114.74<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">On the USD\/JPY currency pair there was an ambiguous technical pattern. The trading instrument is in a sideways trend. The USD\/JPY quotes are testing monthly highs. The key levels of support and resistance are: 112.700 and 113.100 respectively. Correction is not ruled out in the near future. We recommend paying attention to the news feed on the US economy.<\/p>\n<p class=\"ag-analytics_text\">In the Asian trading session, mixed data on trade balance of Japan were published.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-07-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-07-19.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not send accurate signals. The price has crossed 50 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is located near the 0 mark.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is located in the neutral zone, the %K line is above the %D line, which indicates the growth of USD\/JPY.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 112.700, 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, further growth of the USD\/JPY currency pair is expected. The movement is tending to 113.500-113.750.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes below the 112.700 level, a correction movement is expected. The target level of movement is 112.500-112.200.<\/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><\/strong>, <span class=\"updated\">2018.07.19<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analytics by\u00a0JustForex The EUR\/USD currency pair Technical indicators of the currency pair: Prev Open: 1.16596 Open: 1.16366 % chg. over the last day: -0.14 Day&#8217;s range: 1.16255 \u2013 1.16566 52 wk range: 1.0571 \u2013 1.2557 Yesterday&#8217;s trading on the EUR\/USD currency pair was very active. However, a unidirectional trend was not observed. At the moment, [&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-130359","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/130359","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=130359"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/130359\/revisions"}],"predecessor-version":[{"id":130360,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/130359\/revisions\/130360"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=130359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=130359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=130359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}