{"id":140759,"date":"2019-01-29T09:04:55","date_gmt":"2019-01-29T14:04:55","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=140759"},"modified":"2019-01-29T07:06:35","modified_gmt":"2019-01-29T12:06:35","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2019-01-29","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/01\/the-analytical-overview-of-the-main-currency-pairs-on-2019-01-29\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2019.01.29"},"content":{"rendered":"<div id=\"inves-1493351522\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 29, 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: 1.14006<\/li>\n<li class=\"ag-analytics_item\">Open: 1.14253<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.15<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.14204 \u2013 1.14449<\/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 kept rising against the USD. Right now the local support and resistance levels are 1.14200 and 1.14450. Mario Draghi, the head of the Central Bank of Europe, is worried about the growing risks on the global markets. The regulator intends to keep the monetary policy the same. The investors are waiting for the Federal Reserve meeting. Keep an eye on the US\/China trading conflict and open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">At 17:00 (GMT +2:00) US will publish the Customer Trust Index.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-01-29.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-01-29.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price fixed above 50 MA and 200 MA which showcases the power of the buyers.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the positve zone and keeps rising which gives a signal to buy 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 shows a bearish mood.<\/p><div id=\"inves-568494256\" 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, 1.13700<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.14450, 1.15000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.14450, expect the price to grow toward 1.14800-1.15000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively the price can fall toward 1.14000-1.13800.<\/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: 1.31838<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31520<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.36<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.31294 \u2013 1.31683<\/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 stabilized around the key range of 1.31300 and 1.32000. The financial market participants are waiting for the Brexit vote in the parliament. Today you should minimize risks when opening GBP\/USD orders.<\/p>\n<p class=\"ag-analytics_text\">Keep an eye on the US economic reports.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-01-29.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-01-29.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.<\/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 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: 1.31300, 1.30600, 1.30000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.32000, 1.32500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.32000 expect it to grow further toward 1.32500-1.32750.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can fall toward 1.30700-1.30400.<\/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: 1.32183<\/li>\n<li class=\"ag-analytics_item\">Open: 1.32592<\/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: 1.32448 \u2013 1.32784<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2248 \u2013 1.3664<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">Yesterday USD recovered against the CAD. Right now the quotes are moving sideways. The trading instrument created the local support and resistance levels at 1.32500 and 1.32800. USD\/CAD has a tendency to descend. You should open positions from the key levels. Keep an eye on the US newsfeed.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 29.01.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-01-29.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-01-29.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not provide precise signals, the price fixed betwee 50 MA and 200 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 above the %D line which gives a sinal to buy 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: 1.32500, 1.32250<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.32800, 1.33150<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the local support 1.32500 expect the quotes to fall further toward 1.32250-1.32000..<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes can recover toward 1.33000-1.33200.<\/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: 109.541<\/li>\n<li class=\"ag-analytics_item\">Open: 109.317<\/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: 109.130 \u2013 109.392<\/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 technical picture remains ambiguous. The yen remains in a flat. The key range is 109.150-109.400, with prospects to descend. Keep an eye on the US Treasury bonds yield and open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 29.01.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-01-29.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-01-29.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 and 200 MA.<\/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\/JPY.<\/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 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: 109.150, 108.900, 108.700<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 109.400, 109.600, 109.850<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 109.150, expect the quotes to fall toward 108.900-108.700.<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes can grow toward 109.600-109.800.<\/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: 1.14006 Open: 1.14253 % chg. over the last day: +0.15 Day&#8217;s range: 1.14204 \u2013 1.14449 52 wk range: 1.1214 \u2013 1.2557 EUR kept rising against the USD. Right now the local support and resistance levels are 1.14200 and 1.14450. Mario Draghi, [&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-140759","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/140759","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=140759"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/140759\/revisions"}],"predecessor-version":[{"id":140762,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/140759\/revisions\/140762"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=140759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=140759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=140759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}