{"id":132715,"date":"2018-08-28T08:44:13","date_gmt":"2018-08-28T12:44:13","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=132715"},"modified":"2018-08-28T07:46:14","modified_gmt":"2018-08-28T11:46:14","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2018-08-28","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/08\/the-analytical-overview-of-the-main-currency-pairs-on-2018-08-28\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2018.08.28"},"content":{"rendered":"<div id=\"inves-2979847046\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 28, 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: 1.16160<\/li>\n<li class=\"ag-analytics_item\">Open: 1.16776<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.33<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.16625 \u2013 1.16970<\/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\">Yesterday, the US dollar continued to lose grounds relative to the single currency. The EUR\/USD quotations growth exceeded 70 points. Support was provided by positive data on the business climate in Germany from IFO. At the moment, the trading instrument is testing the round level of 1.17000. The local support is 1.16450. In the near future, the further growth of the EUR\/USD quotes is not excluded. We recommend opening positions from the key levels.<\/p>\n<div class=\"ag-analytics_list-title\">The news feed on 2018.08.28:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">&#8211; CB consumer confidence index in the USA 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-2018-08-28.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-08-28.jpg\" alt=\"EUR\/USD\" \/> <\/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 located in the positive zone, but below the signal line, which gives a weak signal to buy EUR\/USD.<\/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 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: 1.16450, 1.16000, 1.15350<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.17000, 1.17500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the round level of 1.17000, further growth of the EUR\/USD currency pair is expected. The movement is tending to 1.17400-1.17600.<\/p><div id=\"inves-2773794103\" 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 the support level of 1.16450, we recommend considering selling EUR\/USD. The movement is tending to 1.16000.<\/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: 1.28370<\/li>\n<li class=\"ag-analytics_item\">Open: 1.28893<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.31<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.28615 \u2013 1.29014<\/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\">Yesterday, the bullish sentiment prevailed on the GBP\/USD currency pair. At the moment the quotes are moving in the flat. The key levels of support and resistance are: 1.28600 and 1.29000 respectively. The trading instrument is tending to recover. We recommend you to keep track of the latest information on Brexit. Positions must be opened from the key levels.<\/p>\n<p class=\"ag-analytics_text\">Today, 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-2018-08-28.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-08-28.jpg\" alt=\"GBP\/USD\" \/> <\/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, but below the signal line, which gives a weak signal to buy GBP\/USD.<\/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: 1.28600, 1.28300, 1.28000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.29000, 1.29350, 1.29500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.29000, further growth of the GBP\/USD currency pair is expected. The target level of movement is 1.29350-1.29500.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes below 1.28600, we recommend to consider sales of GBP\/USD. The target movement level is 1.28300-1.28000.<\/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: 1.30135<\/li>\n<li class=\"ag-analytics_item\">Open: 1.29669<\/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: 1.29495 \u2013 1.29823<\/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 USD\/CAD currency pair held the offer zone of 1.30500-1.30650, which triggered aggressive sales. The trading instrument has updated local extremes. The United States and Mexico reached a new agreement on the future of the North American Free Trade Area (NAFTA). Currently, the quotes are consolidating in the range of 1.29500-1.29850. The USD\/CAD currency pair is tending to decrease. Positions must be opened 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-2018-08-28.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-08-28.jpg\" alt=\"USD\/CAD\" \/> <\/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 USD\/CAD.<\/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: 1.29500, 1.29000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.29850, 1.30150, 1.30500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.29500, the USD\/CAD quotes are expected to decline further. The movement is tending to the round level of 1.29000.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes above the resistance level of 1.29850, it is necessary to consider buying USD\/CAD. The movement is tending to 1.30150-1.30300.<\/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: 111.314<\/li>\n<li class=\"ag-analytics_item\">Open: 111.048<\/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: 110.989 \u2013 111.356<\/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 an ambiguous technical pattern on the USD\/JPY currency pair. The quotes are in a sideways trend. Local support and resistance levels are: 111.100 and 111.350, respectively. Investors expect additional drivers. We recommend you to pay attention to the news feed on the US economy.<\/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-2018-08-28.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-08-28.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 near the 0 mark.<\/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 fall in 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: 111.100, 110.750<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 111.350, 111.500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the resistance level of 111.350, it is necessary to consider buying USD\/JPY. The movement is tending to 111.500-111.700.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes below the 111.100 level, the correction of the USD\/JPY currency pair is expected. The movement is tending to 110.750-110.600.<\/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: 1.16160 Open: 1.16776 % chg. over the last day: +0.33 Day&#8217;s range: 1.16625 \u2013 1.16970 52 wk range: 1.0571\u00a0\u2013 1.2557 Yesterday, the US dollar continued to lose grounds relative to the single currency. The EUR\/USD quotations growth exceeded 70 points. Support [&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-132715","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132715","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=132715"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132715\/revisions"}],"predecessor-version":[{"id":132717,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132715\/revisions\/132717"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=132715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=132715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=132715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}