{"id":136378,"date":"2018-10-31T08:45:19","date_gmt":"2018-10-31T12:45:19","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=136378"},"modified":"2018-10-31T07:49:56","modified_gmt":"2018-10-31T11:49:56","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2018-10-31","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/the-analytical-overview-of-the-main-currency-pairs-on-2018-10-31\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2018.10.31"},"content":{"rendered":"<div id=\"inves-2160684239\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">October 31, 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: 1.13724<\/li>\n<li class=\"ag-analytics_item\">Open: 1.13433<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.25<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.13459 \u2013 1.13563<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1299\u00a0\u2013 1.2557<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">Yesterday, the EUR\/USD was showing a bearish sentiment. The currency pair is weakened after weak economic stats from the Eurozone. Right now, the EUR\/USD quotes are consolidating. The local support and resistance levels are 1.13400 and 1.13650 respectively. Positions should be opened from these levels. A technical correction is possible soon.<\/p>\n<div class=\"ag-analytics_list-title\">The Economic News Feed for 31.10.2018:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">&#8211; Customer Price Index (EU) \u2013 12:00 (GMT+2:00);<\/li>\n<li class=\"ag-analytics_item\">&#8211; ADP Non-farm Employment Change (US) \u2013 14:15 (GMT+2:00).<\/li>\n<\/ul>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-10-31.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-10-31.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price fixed below 50 \u041c\u0410 and 200 \u041c\u0410, which indicates a bearish sentiment.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the red, but above the signal line, which gives a weak signal towards the sale of EUR\/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 a 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: 1.13400, 1.13000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.13650, 1.14000, 1.14400<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the local support level of 1.13400, we can expect a further fall of EUR\/USD towards 1.13000.<\/p><div id=\"inves-2363145692\" 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\">Alternatively, if the price fixes above the resistance level of 1.13650, you should look for market entry points to open long positions. The movement will tend toward 1.14000-1.14400.<\/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: 1.27968<\/li>\n<li class=\"ag-analytics_item\">Open: 1.27076<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.66<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.27223 \u2013 1.27394<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2662\u00a0\u2013 1.4378<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">Yesterday, the pound started losing positions against the USD. At the moment, the GBP\/USD quotes are recovering. The key support and resistance levels are 1.27000 and 1.27600 respectively. The investors are waiting for the additional drivers. Tomorrow, the Bank of England will publish their resolution regarding the key interest rate. You should open positions from the key levels. The trading instrument has some potential towards further growth.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 31.10.2018 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-10-31.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-10-31.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators show the sellers\u2019 strength \u2014 the price fixed below the 50 MA and 200 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the positive zone, but above the signal line, which gives a weak signal towards a sale of GBP\/USD.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is around the overbought zone, the %K line is above the %D line, which gives a weak signal towards a sale of 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: 1.27000, 1.26600<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.27600, 1.28000, 1.28400<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the resistance level of 1.27600, we can expect a correction. The movement will tend toward 1.28000-1.28400.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the GBP\/USD quotes will fall towards 1.27000-1.26750.<\/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: 1.31303<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31112<\/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: 1.31179 \u2013 1.31269<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2248\u00a0\u2013 1.3387<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The USD\/CAD currency pair is showing an ambiguous picture. The trading instrument is still moving sidewards. Investors are waiting for additional drivers. The local support and resistance levels are 1.31100 and 1.31400 respectively. Positions should be opened from these levels.<\/p>\n<div class=\"ag-analytics_list-title\">The Economic News Feed for 31.10.2018:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">&#8211; GDP report (Canada) \u2013 14:30 (GMT+2:00).<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">We also recommend you keep an eye on Stephen Poloz \u2013 Governor of the Bank of Canada \u2013 and his speech.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-10-31.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-10-31.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not provide precise signals: the price is testing 50 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is around 0.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in the neutral zone, the %K line is below the %D line, which indicates a 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: 1.31100, 1.30700, 1.30400<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31400, 1.31700<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the 1.31400, we can expect further growth of the USD\/CAD quotes. The movement will tend toward 1.31700-1.32000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the price can lower to 1.30700-1.30500.<\/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: 112.355<\/li>\n<li class=\"ag-analytics_item\">Open: 113.076<\/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: 113.029 \u2013 113.218<\/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\">The USD\/JPY currency pair is showing a positive trend. During yesterday\u2019s and today\u2019s trade, the quotes have grown almost by 100 points. Currently, the USD\/JPY quotes are consolidating. The local support and resistance levels are 112.900 \u0438 113.250, respectively. Positions should be opened from these levels. A technical correction is possible in the near future.<\/p>\n<p class=\"ag-analytics_text\">The Bank of Japan kept the key parameters of the monetary policy on the same level.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-10-31.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-10-31.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price fixed above 50 MA and 200 MA, which indicates the buyers\u2019 strength.<\/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 towards buying USD\/JPY.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in the neutral zone, the %K line is below the %D line, which indicates a 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: 112.900, 112.600, 112.300<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 113.250, 113.500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the mirror support 112.900, we can expect a correction of the USD\/JPY quotes. The movement will tend toward 112.600-112.300.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the price can grow towards 113.500-113.700.<\/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: 1.13724 Open: 1.13433 % chg. over the last day: -0.25 Day&#8217;s range: 1.13459 \u2013 1.13563 52 wk range: 1.1299\u00a0\u2013 1.2557 Yesterday, the EUR\/USD was showing a bearish sentiment. The currency pair is weakened after weak economic stats from the Eurozone. Right [&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-136378","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136378","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=136378"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136378\/revisions"}],"predecessor-version":[{"id":136385,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136378\/revisions\/136385"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=136378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=136378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=136378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}