{"id":132434,"date":"2018-08-23T08:45:22","date_gmt":"2018-08-23T12:45:22","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=132434"},"modified":"2018-08-23T07:16:32","modified_gmt":"2018-08-23T11:16:32","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2018-08-23","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/08\/the-analytical-overview-of-the-main-currency-pairs-on-2018-08-23\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2018.08.23"},"content":{"rendered":"<div id=\"inves-2068354482\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 23, 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_market_overview\" 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: 1.15703<\/li>\n<li class=\"ag-analytics_item\">Open: 1.15938<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.12<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.15591 \u2013 1.15744<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.0571\u00a0\u2013 1.2557<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The technical pattern on the EUR\/USD currency pair is ambiguous. Quotes are in a sideways trend. Investors assess the FOMC minutes. At the moment, the key support and resistance levels are 1.15400 and 1.15800, respectively. We recommend opening positions from these marks.<\/p>\n<div class=\"ag-analytics_list-title\">The news feed on 2018.08.23:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">&#8211; Data on economic activity in Germany and the Eurozone at 10:30 (GMT+3:00) and 11:00 (GMT+3:00);<\/li>\n<li class=\"ag-analytics_item\">&#8211; Publication of the ECB account of monetary policy meeting at 14:30 (GMT+3:00);<\/li>\n<li class=\"ag-analytics_item\">&#8211; New home sales in the US at 17:00 (GMT+3:00).<\/li>\n<\/ul>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-08-23.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-08-23.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not send accurate signals: the price is testing 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 in the neutral zone, the %K line is above the %D line, which indicates the EUR\/USD quotes growth.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.15400, 1.14900, 1.14400<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.15800, 1.16200<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the resistance level of 1.15800, the growth of the EUR\/USD currency pair is expected. The movement is tending to 1.16200-1.16500.<\/p><div id=\"inves-4105840893\" 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<p class=\"ag-analytics_text\">Alternative option. If the price fixes below 1.15400, we recommend considering sales of EUR\/USD. The movement is tending to 1.14900-1.14700.<\/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: 1.28750<\/li>\n<li class=\"ag-analytics_item\">Open: 1.29006<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.03<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.28741 \u2013 1.28831<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2361\u00a0\u2013 1.4345<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">There is a variety of trends on the GBP\/USD currency pair. Financial market participants expect additional drivers. At the moment, the local support and resistance levels are 1.28600 and 1.28900, respectively. The positions should be opened from these marks.<\/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-2018-08-23.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-08-23.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not send accurate signals: the price is being traded between 50 MA and 200 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram has moved to the negative zone, which indicates a decrease in the GBP\/USD quotes.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is located in the neutral zone, the %K line is above the %D line, which signals to buy 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: 1.28600, 1.28250, 1.27700<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.28900, 1.29200, 1.29500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.28900, the GBP\/USD currency pair is expected to grow. The target movement level is 1.29200-1.29500.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes below 1.28600, we recommend considering sales of GBP\/USD. The target movement level is 1.28250-1.28000.<\/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: 1.30367<\/li>\n<li class=\"ag-analytics_item\">Open: 1.29893<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.21<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.30334 \u2013 1.30458<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2059\u00a0\u2013 1.3795<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">Yesterday, the bearish sentiment was observed on the USD\/CAD currency pair. However, today quotes are recovering. At the moment, the local support and resistance levels are 1.30250 and 1.30500, respectively. We recommend opening positions from these marks. The trading instrument has the potential for further growth.<\/p>\n<p class=\"ag-analytics_text\">The news feed on the 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-2018-08-23.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-08-23.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price has fixed between 50 MA and 200 MA, which are strong dynamic support and resistance levels.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram has moved to the positive zone, which indicates the USD\/CAD quotes growth.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is located in the overbought zone, the %K line is below the %D line, which gives a signal to sell USD\/CAD.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.30250, 1.30000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.30500, 1.30800, 1.31100<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.30250, the USD\/CAD quotes are expected to decline. The movement is tending to 1.30000-1.29800.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes above the resistance of 1.30500, it is necessary to consider purchases of USD\/CAD. The movement is tending to 1.30800-1.31100.<\/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: 110.231<\/li>\n<li class=\"ag-analytics_item\">Open: 110.549<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.25<\/li>\n<li class=\"ag-analytics_item\">Day`s range: 110.787 \u2013 110.882<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 104.56\u00a0\u2013 114.74<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">There is the bullish sentiment on the USD\/JPY currency pair. During yesterday&#8217;s and today&#8217;s trading sessions, quotes have risen by more than 80 points. At the moment, quotes are testing the local resistance level of 110.900. Local support is the level of 110.700. The positions should be opened from these marks.<\/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-2018-08-23.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-08-23.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators point to the power of buyers: the price is above 50 MA and 200 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the positive zone, above the signal line, which gives a strong signal to buy USD\/JPY.<\/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 a decrease in quotes.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 110.700, 110.400, 110.100<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 110.900, 111.150, 111.400<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the resistance level of 110.900, the growth of the USD\/JPY currency pair is expected. The movement is tending to 111.150-111.400.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes below the 110.700 mark, it is necessary to consider sales of USD\/JPY. The movement is tending to 110.400-110.100.<\/p>\n<p><strong>Analytics by\u00a0<a href=\"https:\/\/justforex.com\/?utm_source=countingpips&amp;utm_medium=article&amp;utm_campaign=analytics_market_overview\" 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: 1.15703 Open: 1.15938 % chg. over the last day: +0.12 Day&#8217;s range: 1.15591 \u2013 1.15744 52 wk range: 1.0571\u00a0\u2013 1.2557 The technical pattern on the EUR\/USD currency pair is ambiguous. Quotes are in a sideways trend. Investors assess the FOMC minutes. [&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-132434","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132434","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=132434"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132434\/revisions"}],"predecessor-version":[{"id":132436,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132434\/revisions\/132436"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=132434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=132434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=132434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}