{"id":134908,"date":"2018-10-04T08:46:49","date_gmt":"2018-10-04T12:46:49","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=134908"},"modified":"2018-10-04T07:03:46","modified_gmt":"2018-10-04T11:03:46","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2018-10-04","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/the-analytical-overview-of-the-main-currency-pairs-on-2018-10-04\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2018.10.04"},"content":{"rendered":"<div id=\"inves-3576980170\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 4, 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: 1.15457<\/li>\n<li class=\"ag-analytics_item\">Open: 1.14732<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.61<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.14634 \u2013 1.14909<\/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\">Negative dynamics is still observed on the EUR\/USD currency pair. Yesterday, the drop in quotes exceeded 70 points. The trading instrument updated local lows. The American currency was supported by positive economic reports from the USA. At the moment, the EUR\/USD currency pair is consolidating near the local support of 1.14650. The mark of 1.15150 is already a \u201cmirror\u201d resistance. The EUR\/USD quotes are tending to further decline. Positions must be opened from the key levels.<\/p>\n<div class=\"ag-analytics_list-title\">Today the news feed is rather calm:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">&#8211; The number of initial jobless claims in the US at 15:30 (GMT+3:00);<\/li>\n<li class=\"ag-analytics_item\">&#8211; Factory orders 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-2018-10-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-10-04.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 the sellers.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the negative zone, which indicates the bearish sentiment.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in the neutral zone, the %K line is above the %D line, which gives a signal to buy EUR\/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: 1.14650, 1.14250, 1.14000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.15150, 1.15650, 1.15900<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates below the local support of 1.14650, a further drop in the EUR\/USD quotes is expected. The movement is tending to 1.14250-1.14000.<\/p><div id=\"inves-892789177\" 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\">An alternative could be the growth of the EUR\/USD currency pair to the level of 1.15300-1.15600.<\/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: 1.29770<\/li>\n<li class=\"ag-analytics_item\">Open: 1.29363<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.30<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.29219 \u2013 1.29613<\/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\">The bearish sentiment prevails on the GBP\/USD currency pair. Pressure on the pound is pout by weak data on economic activity in the UK. At the moment, the GBP\/USD quotes are testing the local demand zone of 1.29250-1.29400. The nearest resistance is at 1.29750. Trading instrument is tending to further decline. We recommend opening positions 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-2018-10-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-10-04.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price has fixed below 50 MA and 200 MA, which indicates the bearish sentiment.<\/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\">The Stochastic Oscillator is in the neutral zone, the %K line is above the %D line, which indicates that GBP\/USD is rising.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.29250, 1.29000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.29750, 1.30150, 1.30600<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.29250, a further drop in the GBP\/USD quotes is expected. The movement is tending to 1.29000-1.28750.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be the growth of the GBP\/USD currency pair to the level of 1.30000-1.30250.<\/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: 1.28233<\/li>\n<li class=\"ag-analytics_item\">Open: 1.28656<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.45<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.28615 \u2013 1.28880<\/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\">The USD\/CAD currency pair has started to recover after a sharp fall in late September. At the moment, the quotes are consolidating. The key trading range is 1.28600-1.29000. Demand for US currency remains high. In the near future, we do not rule out further correction of the USD\/CAD currency pair. We recommend opening positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">At 17:00 (GMT+3:00) the economic activity index in Canada from Ivey 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-2018-10-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-10-04.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give 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 positive zone and continues to rise, which indicates the growth of the USD\/CAD quotes.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in the neutral zone, the %K line is below %D line, which sends 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: 1.28600, 1.28400, 1.28000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.29000, 1.29400, 1.29700<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price is consolidating above the round level of 1.29000, a further correction of the USD\/CAD currency pair is expected. The movement is tending to 1.29400-1.29700.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes below 1.28600, you need to consider selling USD\/CAD. The movement is tending to 1.28300-1.28000.<\/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: 113.632<\/li>\n<li class=\"ag-analytics_item\">Open: 114.503<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.74<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 114.217 \u2013 114.549<\/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 a pronounced uptrend on the USD\/JPY currency pair. Yesterday, the growth of quotations exceeded 80 points. The trading instrument overcame and fixed above the key mark of 114.000. At the moment, the USD\/JPY currency pair is consolidating in the range of 114.200-114.500. We do not exclude further growth of the USD\/JPY quotes. We recommend paying attention to the yield of US government bonds.<\/p>\n<p class=\"ag-analytics_text\">The news feed on the Japan&#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\/usdjpy-2018-10-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-10-04.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 located 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 in the neutral zone, the %K line has started to cross 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: 114.200, 114.000, 113.800<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 114.500, 115.000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the resistance level of 114.500, further growth of the USD\/JPY quotes is expected. The movement is tending to the round level of 115.000.<\/p>\n<p class=\"ag-analytics_text\">An alternative may be the correction of the USD\/JPY currency pair to the level of 114.000-113.800.<\/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: 1.15457 Open: 1.14732 % chg. over the last day: -0.61 Day&#8217;s range: 1.14634 \u2013 1.14909 52 wk range: 1.0571\u00a0\u2013 1.2557 Negative dynamics is still observed on the EUR\/USD currency pair. Yesterday, the drop in quotes exceeded 70 points. The trading instrument [&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-134908","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134908","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=134908"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134908\/revisions"}],"predecessor-version":[{"id":134910,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134908\/revisions\/134910"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=134908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=134908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=134908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}