{"id":136833,"date":"2018-11-08T08:15:24","date_gmt":"2018-11-08T13:15:24","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=136833"},"modified":"2018-11-08T06:44:01","modified_gmt":"2018-11-08T11:44:01","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2018-11-08","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/11\/the-analytical-overview-of-the-main-currency-pairs-on-2018-11-08\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2018.11.08"},"content":{"rendered":"<div id=\"inves-320893496\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 8, 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: 1.14265<\/li>\n<li class=\"ag-analytics_item\">Open: 1.14256<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.05<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.14119 \u2013 1.14366<\/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 trends on the EUR\/USD were highly ambiguous. At the moment, the quotes are consolidating. The local support and resistance levels are 1.14200 and 1.14500 respectively. Positions should be opened from these levels. The market participants are waiting for the Federal Reserve decision regarding the key interest rate.<\/p>\n<p class=\"ag-analytics_text\">At 21:00 (GMT+2:00) the Federal Reserve will determine the key interest rate.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-11-08.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-11-08.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not provide precise signals, the price is trending between 50 MA and 200 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the negative and below the signal line, which provides a strong signal towards the purchase of EUR\/USD.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is near the overbought zone, the %K line crosses the %D line. There are no signals at the moment.<\/p><div id=\"inves-625381891\" 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: 1.14200, 1.13900, 1.13600<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.14500, 1.14750, 1.15000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price holds above the resistance level 1.14500, we can expect further growth. The movement will tend toward 1.15000-1.15250.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the price fixes below 1.14200, and you should look for the market entry points to open the short positions. The movement will tend toward 1.13750-1.13500.<\/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: 1.29981<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31227<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.22<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.31366 \u2013 1.31440<\/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\">GBP\/USD is showing an ambiguous technical picture. The GBP is trading in flat. The key support and resistance levels are 1.31000 and 1.31600, respectively. The GBP\/USD quotes have a potential for further growth. We recommend you watch out for the relevant data regarding Brexit.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for Great Britain is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-11-08.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-11-08.jpg\" alt=\"GBP\/USD\" \/> <\/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 near 0.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is around the overbought zone, the %K line is above the %D line, which provides a weak signal for purchase.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.31000, 1.30500, 1.30000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31600, 1.32000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the resistance level 1.31600, we can expect further growth. The movement will tend toward 1.32000-1.32200.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the GBP\/USD quotes can fall to 1.30500-1.30200.<\/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: 1.31209<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31130<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.05<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.30989 \u2013 1.31059<\/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 a variety of trends. Yesterday, Ivey published the Purchasing Managers\u2019 Index for October in Canada, which reached 61.8 instead of the expected 50.9. The key support and resistance levels are 1.30900 \u0438 1.31300, respectively. Positions should be opened from these levels. We recommend you keep an eye on the oil quotes.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 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-2018-11-08.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-11-08.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not provide precise signals: 50 \u041c\u0410 is over 200 \u041c\u0410.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is near 0.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is near the overbought 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: 1.30900, 1.30600, 1.30300<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31300, 1.31600, 1.32000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.30900, we recommend you to sell USD\/CAD. The movement will tend toward 1.30600-1.30300.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the currency pair can grow towards 1.31600-1.31800.<\/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: 113.400<\/li>\n<li class=\"ag-analytics_item\">Open: 113.400<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.11<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 112.947 \u2013 113.102<\/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 is showing a bullish sentiment. During today\u2019s and yesterday\u2019s trading, the quotes have updated the local maximums. The local support and resistance levels are 113.500 and 113.800 respectively. Positions should be opened from these levels. The USD\/JPY quotes have prospects for further growth. We recommend you keep an eye on the 10-year US government bonds yield.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 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-2018-11-08.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-11-08.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators show the buyers\u2019 power: the price is trading above the 50 MA and 200 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the positive zone and above the signal line, which provides a strong signal toward the purchase of USD\/JPY.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in the neutral zone, the %L line crosses the %D line. There are no price signals.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 113.500, 113.200, 113.000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 113.800, 114.000, 114.500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the support 113.500, we should expect the descend. The movement will tend toward 113.000. Alternatively, the currency pair can grow toward 114.200-114.500.<\/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: 1.14265 Open: 1.14256 % chg. over the last day: +0.05 Day&#8217;s range: 1.14119 \u2013 1.14366 52 wk range: 1.1299\u00a0\u2013 1.2557 Yesterday, the trends on the EUR\/USD were highly ambiguous. At the moment, the quotes are consolidating. The local support and resistance [&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-136833","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136833","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=136833"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136833\/revisions"}],"predecessor-version":[{"id":136834,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136833\/revisions\/136834"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=136833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=136833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=136833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}