{"id":138778,"date":"2018-12-12T08:45:55","date_gmt":"2018-12-12T13:45:55","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=138778"},"modified":"2018-12-12T07:03:23","modified_gmt":"2018-12-12T12:03:23","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2018-12-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/12\/the-analytical-overview-of-the-main-currency-pairs-on-2018-12-12\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2018.12.12"},"content":{"rendered":"<div id=\"inves-1674267877\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 12, 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: 1.13552<\/li>\n<li class=\"ag-analytics_item\">Open: 1.13160<\/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: 1.13148 \u2013 1.13340<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1214 \u2013 1.2557<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The EUR\/USD keep having a negative dynamic. The demand on the USD remains due to recovery of the US Treasury bonds yield and positive reports. The EUR is consolidating. The local support and resistance are 1.13100 and 1.13350. The trading instrument can descend further. Investors expect important stats from the US.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 12.12.2018:<\/p>\n<ul>\n<li>&#8211; Inflation Report (US) \u2013 12:00 (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-2018-12-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2018-12-12.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price fixed below 50 MA and 200 MA which indicates the power of the buyers.<\/p>\n<p class=\"ag-analytics_text\">MACD is in the negative zone but above the signal line, which gives a weak signal to sell EUR\/USD.<\/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 mood.<\/p><div id=\"inves-488639911\" 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: 1.13100, 1.12800, 1.12500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.13350, 1.13700, 1.14000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the support 1.13100, expect further descend towards 1.12800-1.12500.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can recover toward 1.13500-1.13750.<\/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: 1.25557<\/li>\n<li class=\"ag-analytics_item\">Open: 1.24846<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.55<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.24763 \u2013 1.25497<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2510 \u2013 1.4378<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">GBP\/USD keeps falling. The trading instrument updated the local minimums. GBP remains under pressure due to the Brexit conundrum after Theresa May cancelled the vote regarding the country leaving the EU. We recommend you keep an eye on the issue. The quotes are consolidating around 1.24850-1.25400.<\/p>\n<p class=\"ag-analytics_text\">The News Feed is calm for today.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-12-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2018-12-12.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators show the power of the sellers. The price is 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 indicates a weak bearish sentiment.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in the overbought zone, the %K line crosses %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: 1.24850, 1.24500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.25400, 1.25800, 1.26300<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.24850, the GBP\/USD quotes are expected to fall. The movement is tending to 1.24500-1.24250.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be a growth in the GBP\/USD currency pair to 1.25800-1.26000.<\/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: 1.33986<\/li>\n<li class=\"ag-analytics_item\">Open: 1.33892<\/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: 1.33703 \u2013 1.33958<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2248\u00a0\u2013 1.3445<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">USD\/CAD has an ambigous technical picture. CAD is being traded in flat with local support and resistance being 1.33700 and 1.34000. The USD\/CAD quotes have prospects for growth. The US inflation report is in the spotlight. You should open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The 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-2018-12-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2018-12-12.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not provide singals: the price has crossed 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 points towards the decline of the USD\/CAD 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: 1.33700, 1.33300, 1.32900<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.34000, 1.34200, 1.34450<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.34000, further growth of the USD\/CAD quotes is expected. The movement is tending to 1.34300-1.34500.<\/p>\n<p class=\"ag-analytics_text\">Alternative option. If the price fixes below 1.33700, we recommend looking for market entry points to open short positions. The movement is tending to 1.33300-1.33000.<\/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: 113.317<\/li>\n<li class=\"ag-analytics_item\">Open: 113.364<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.04<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 113.309 \u2013 113.516<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 104.56 \u2013 114.56<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">USD\/JPY is consolidating around 113.500. 113.250 is the mirror support. The trading instrument has prospects for growth. The financial market participants expect reports from the US and new data regarding the Treasury bond yield. Positions should be opened from the key levels.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-12-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2018-12-12.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price has crossed the 200 MA and 50 MA which points towards a bullish mood.<\/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 USD\/JPY.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in the neutral zone, the %K line crosses 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: 113.250, 113.000, 112.750<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 113.500, 113.750<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the support level of 113.500,, it is necessary to consider buying USD\/JPY. The movement is tending to 113.750-114.000.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be the descend of the USD\/JPY quotes to 113.000.<\/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: 1.13552 Open: 1.13160 % chg. over the last day: -0.30 Day&#8217;s range: 1.13148 \u2013 1.13340 52 wk range: 1.1214 \u2013 1.2557 The EUR\/USD keep having a negative dynamic. The demand on the USD remains due to recovery of the US Treasury [&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-138778","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138778","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=138778"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138778\/revisions"}],"predecessor-version":[{"id":138780,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/138778\/revisions\/138780"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=138778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=138778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=138778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}