{"id":139676,"date":"2019-01-04T08:45:39","date_gmt":"2019-01-04T13:45:39","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=139676"},"modified":"2019-01-04T06:57:15","modified_gmt":"2019-01-04T11:57:15","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2019-01-04","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/01\/the-analytical-overview-of-the-main-currency-pairs-on-2019-01-04\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2019.01.04"},"content":{"rendered":"<div id=\"inves-2629752941\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 4, 2019<\/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: 1.13461<\/li>\n<li class=\"ag-analytics_item\">Open: 1.13925<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.67<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.13832 \u2013 1.14116<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1214 \u2013 1.2557<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">EUR has recovered the majority of the losses after a sharp descend on Wednesday. At the moment the quotes are consolidating at 1.13800-1.14100, you should open positions from these levels. The investors are waiting for the US labour report for December. Keep in mind that the forecasted and real values can be different.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 04.01.2019:<\/p>\n<ul>\n<li>&#8211; Labour Market Report (GER) \u2013 10:55 (GMT+2:00);<\/li>\n<li>&#8211; Consumer Price Index (EU) \u2013 12:00 (GMT+2:00);<\/li>\n<li>&#8211; Labour Market Report (US) \u2013 15:30 (GMT+2:00);<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">You should also keep an eye on the statements by the head of Federal Reserve.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-01-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-01-04.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not provide precise signals, the price has crossed 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 EUR\/USD.<\/p><div id=\"inves-910367874\" 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\">The Stochastic Oscillator is in the neutral zone, the %K line is crossing 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: 1.13800, 1.13450, 1.13100<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.14100, 1.14350, 1.14650<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the mirror support of 1.13800, expect the quotes to fall toward 1.13500-1.13200<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes can correct toward 1.14500-1.14700.<\/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: 1.25984<\/li>\n<li class=\"ag-analytics_item\">Open: 1.26211<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.89<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.26156 \u2013 1.26572<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2438 \u2013 1.4378<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The pound has started to recover after a sharp downfall before. The financial market participants are waiting for fresh news regarding Brexit. The GBP\/USD quotes are consolidating. The key trading range is 1.26000-1.26500, you should open positions from these levels. Keep an eye on the US Labour Market report.<\/p>\n<p class=\"ag-analytics_text\">At 11:30 (GMT+2:00) the UK will publish the Service PMI.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-01-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-01-04.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not provide precise signals, the price has crossed 50 MA and 200 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the positive zone and keeps rising, which points toward a bullish sentiment.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in the neutral zone, the %K line is crossing the %D line. There are no precise 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: 1.26000, 1.25400, 1.25000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.26500, 1.27000, 1.27350<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.26500, expect the further correction of the GBP\/USD toward 1.27000-1.27400.<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes can correct toward 1.25500-1.25000.<\/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: 1.35840<\/li>\n<li class=\"ag-analytics_item\">Open: 1.34850<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -1.14<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.34449 \u2013 1.34956<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2248 \u2013 1.3664<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">USD\/CAD is showing an aggressive sell-off. During the last two days, the quotes have fallen by 130 points. The CAD has updated the local minimums despite being supported by the positive oil quotes trend. The key range is 1.34450-1.34850, you should open the positions from these levels. The currency pair has prospects for further descend, based on the Labour Market reports for US and Canada.<\/p>\n<p class=\"ag-analytics_text\">At 15:30 (GMT+2:00) Canada will publish the Labour Market report.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-01-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-01-04.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price 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, but above the signal line, which gives a weak signal to sell USD\/CAD.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is around the oversold zone, the %K line is below the %D line, which also 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: 1.34450, 1.34000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.34850, 1.35250, 1.35700<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.34450, expect the quotes to fall further toward 1.34000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes can rise toward 1.35000-1.35250.<\/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: 108.863<\/li>\n<li class=\"ag-analytics_item\">Open: 107.649<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.38<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 107.512 \u2013 108.445<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 104.56 \u2013 114.56<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The USD\/JPY currency pair is consolidating after a long fall. There is no defined trend. The key support and resistance levels are 107.400-108.400. A tecnical correction is possible soon. The US labour market report is in the spotlight.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 04.01.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-01-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-01-04.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not provide precise signals, the price has crossed 50 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is close to 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 toward the fall of the USD\/JPY 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: 107.400, 106.500, 106.00<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 108.400, 109.000, 109.500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 108.400, expect the quotes to correct toward 109.000-109.500.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can fall toward 107.000-106.500.<\/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: 1.13461 Open: 1.13925 % chg. over the last day: +0.67 Day&#8217;s range: 1.13832 \u2013 1.14116 52 wk range: 1.1214 \u2013 1.2557 EUR has recovered the majority of the losses after a sharp descend on Wednesday. At the moment the quotes are [&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-139676","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139676","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=139676"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139676\/revisions"}],"predecessor-version":[{"id":139678,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139676\/revisions\/139678"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=139676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=139676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=139676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}