{"id":130446,"date":"2018-07-20T07:45:49","date_gmt":"2018-07-20T11:45:49","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=130446"},"modified":"2018-07-20T06:33:46","modified_gmt":"2018-07-20T10:33:46","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2018-07-20","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/07\/the-analytical-overview-of-the-main-currency-pairs-on-2018-07-20\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2018.07.20"},"content":{"rendered":"<div id=\"inves-3395398102\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 20, 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: 1.16366<\/li>\n<li class=\"ag-analytics_item\">Open: 1.16417<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.13<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.16262 \u2013 1.16736<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.0571 \u2013 1.2557<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">On the EUR\/USD currency pair, an ambiguous technical pattern has occured. The quotes are in a sideways trend. The trading instrument is testing local support and resistance levels: 1.16350 and 1.16750, respectively. Investors expect additional drivers. We recommend opening positions from the key levels.<\/p>\n<div class=\"ag-analytics_list-title\">The news feed on 2018.07.20:<\/div>\n<p class=\"ag-analytics_text\">Today, the publication of important economic reports from the US and the eurozone is not planned.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-07-20.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-07-20.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not send accurate signals. The price has fixed between 50 MA and 200 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is located in the positive zone and above the signal line, which indicates the bullish 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 sends a signal to sell EUR\/USD.<\/p><div id=\"inves-2774467088\" 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: 1.16350, 1.16100, 1.15850<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.16750, 1.17000, 1.17400<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.16350, EUR\/USD is expected to fall. The movement is tending to 1.16100-1.15850.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price above fixes the resistance level of 1.16750, it is necessary to consider buying EUR\/USD. The movement is tending to 1.17000-1.17400.<\/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: 1.30659<\/li>\n<li class=\"ag-analytics_item\">Open: 1.30131<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.36<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.29949 \u2013 1.30366<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2361 \u2013 1.4345<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">Currently, GBP\/USD is consolidating. The technical pattern is ambiguous. The key support and resistance levels are 1.30000 and 1.30400, respectively. Pressure on the pound is put by a weak report on retail sales in the UK. In June, retail sales in the country fell by 0.5%. Experts expected the growth rate of 0.1%. Positions must be opened from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The news feed on the UK economy is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-07-20.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-07-20.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 also 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: 1.30000, 1.29600<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.30400, 1.30800, 1.31150<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price falls below the round level of 1.30000, a further drop in GBP\/USD is expected. The movement is tending to 1.29600-1.29500.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes above 1.30400, it is necessary to consider buying GBP\/USD. The movement is tending to 1.30750-1.31000.<\/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: 1.31654<\/li>\n<li class=\"ag-analytics_item\">Open: 1.32706<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.68<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.32461 \u2013 1.32897<\/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, the USD\/CAD currency pair is consolidating near the monthly highs. A unidirectional trend is not observed. The key trading range is 1.32500-1.32800. In the near future, a technical correction is not ruled out. Investors are awaiting the publication of important economic reports from Canada. Positions must be opened from the key levels.<\/p>\n<p class=\"ag-analytics_text\">At 15:30 (GMT+3:00) data on inflation and retail sales in Canada will be published.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-07-20.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-07-20.jpg\" alt=\"USD\/CAD\" \/> <\/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\/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: 1.32500, 1.32150, 1.31900<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.32800, 1.33250<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the support level of 1.32500, correction movement is expected. The movement is tending to 1.32150-1.32000.<\/p>\n<p class=\"ag-analytics_text\">If the price fixes above 1.32800, you need to look for entry points to the market to open long positions. The target movement level is 1.33000-1.33250.<\/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: 112.829<\/li>\n<li class=\"ag-analytics_item\">Open: 112.430<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.43<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 112.208 \u2013 112.622<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 104.56 \u2013 114.74<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">Yesterday, the bearish sentiment prevailed on the USD\/JPY currency pair. The trading instrument updated local extremes. At the moment the quotations are consolidating in the range 112.200-112.550. Further correction of the USD\/JPY quotes is expected. We recommend opening positions from the key support and resistance levels.<\/p>\n<p class=\"ag-analytics_text\">The news feed on the economy of Japan is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-07-20.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-07-20.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not send accurate signals. The price has fixed between 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 USD\/JPY.<\/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: 112.200, 111.850, 111.300<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 112.550, 113.100<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 112.200, further correction of the USD\/JPY currency pair is expected. The movement is tending to 111.850-111.500.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes above the 112.550 level, one should consider buying USD\/JPY. The movement is tending to the round level of 113.000.<\/p>\n<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","protected":false},"excerpt":{"rendered":"<p>Analytics by\u00a0JustForex The EUR\/USD currency pair Technical indicators of the currency pair: Prev Open: 1.16366 Open: 1.16417 % chg. over the last day: +0.13 Day&#8217;s range: 1.16262 \u2013 1.16736 52 wk range: 1.0571 \u2013 1.2557 On the EUR\/USD currency pair, an ambiguous technical pattern has occured. The quotes are in a sideways trend. The trading [&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-130446","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/130446","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=130446"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/130446\/revisions"}],"predecessor-version":[{"id":130449,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/130446\/revisions\/130449"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=130446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=130446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=130446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}