{"id":140928,"date":"2019-02-01T08:45:18","date_gmt":"2019-02-01T13:45:18","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=140928"},"modified":"2019-02-01T07:06:43","modified_gmt":"2019-02-01T12:06:43","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2019-02-01","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/02\/the-analytical-overview-of-the-main-currency-pairs-on-2019-02-01\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2019.02.01"},"content":{"rendered":"<div id=\"inves-2478021307\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 1, 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: 1.14782<\/li>\n<li class=\"ag-analytics_item\">Open: 1.14461<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.29<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.14344 \u2013 1.14510<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1214 \u2013 1.2557<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">USD partically recovered from the Wednesday`s collapse but remains under pressure. Yesterday Federal Reserve decided not to increase the interest rates this year. The quotes are consolidating in the narrow range 1.14350-1.14500. The investors are waiting for the January labour market report in the US and expect worsened indicators. Keep an eye on the difference between the factual and the forecasted values of the indicators. You should open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 01.02.2019:<\/p>\n<ul>\n<li>&#8211; Industrial PMI Report (GER) \u2013 10:55 (GMT+2:00);<\/li>\n<li>&#8211; Preliminary Inflation Report (EU) \u2013 12:00 (GMT+2:00);<\/li>\n<li>&#8211; Labour Market Report (US) \u2013 15:30 (GMT+2:00);<\/li>\n<li>&#8211; ISM`s Industrial PMI Report (US) \u2013 17:00 (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-2019-02-01.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-02-01.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators don&#8217;t provide precise signals, the price fixed between 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 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 points to the growth of the EUR\/USD quotes.<\/p><div id=\"inves-2414353503\" 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: 1.14350, 1.14100, 1.13900<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.14500, 1.14750, 1.15100<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.14350 expect the quotes to fall further toward 1.14000-1.13600.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, expect them to rise toward 1.15000.<\/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: 1.31067<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31010<\/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: 1.30770 \u2013 1.31148<\/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 remains in the long flat, the technical picture is ambiguous. The local support and resistance levels are 1.30900 and 1.31350. The Brexit conundrum is still in the spotlight. The financial market participants are going to review the US labour market report today, which is bound to affect GBP\/USD. You should open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">At 11:30 (GMT+2) the Great Britain will publish the PMI indexes.<\/p>\n<ul>\n<li>&#8211; Economic Event (GB) \u2013 00:00 (GMT+2:00);<\/li>\n<li>&#8211; Economic Event (GB) \u2013 00:00 (GMT+2:00);<\/li>\n<li>&#8211; Economic Event (GB) \u2013 00:00 (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\/gbpusd-2019-02-01.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-02-01.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 close to 0.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is near the overbought 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: 1.30900, 1.30550, 1.30000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31350, 1.31800, 1.32150<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.30900 consider selling GBP\/USD. The movement will tend toward 1.30300-1.30000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes can recover toward 1.31750-1.32000.<\/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: 1.31473<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31213<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.19<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.31204 \u2013 1.31573<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2248 \u2013 1.3664<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">Right now the CAD is consolidating after a long fall. The USD\/CAD quotes are testing the 1.31200-1.31550 key range and can descend further. The US Labour Market report is in the spotlight. Keep an eye on the oil quotes dynamics and open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 01.02.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-02-01.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-02-01.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not provide precise signals, the price is close the 50 MA which acts as a strong dynamic resistance.<\/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 to the further descend 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: 1.31200, 1.30750<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31550, 1.31900, 1.32100<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.31200, expect the quotes to fall further toward 1.30700-1.30500.<\/p>\n<p class=\"ag-analytics_text\">Alternatively. the quotes can correct toward 1.13800-1.32000.<\/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: 109.035<\/li>\n<li class=\"ag-analytics_item\">Open: 108.859<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.17<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 108.725 \u2013 108.969<\/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 stabilizing after a long fall. Right now the yen is consolidating. The quotes are testing the local support and resistance levels of 108.750 and 109.000. We expect reports from the US. Open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 01.02.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-02-01.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-02-01.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not provide signals, the price is testing 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: 108.750, 108.500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 109.000, 109.150, 109.400<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 108.750 expect the quotes to fall further toward 108.400-108.200.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can grow toward 109.300-109.500.<\/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: 1.14782 Open: 1.14461 % chg. over the last day: -0.29 Day&#8217;s range: 1.14344 \u2013 1.14510 52 wk range: 1.1214 \u2013 1.2557 USD partically recovered from the Wednesday`s collapse but remains under pressure. Yesterday Federal Reserve decided not to increase the interest [&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-140928","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/140928","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=140928"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/140928\/revisions"}],"predecessor-version":[{"id":140930,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/140928\/revisions\/140930"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=140928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=140928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=140928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}