{"id":141085,"date":"2019-02-04T08:45:08","date_gmt":"2019-02-04T13:45:08","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=141085"},"modified":"2019-02-04T07:03:28","modified_gmt":"2019-02-04T12:03:28","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2019-02-04","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/02\/the-analytical-overview-of-the-main-currency-pairs-on-2019-02-04\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2019.02.04"},"content":{"rendered":"<div id=\"inves-1752572999\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 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: 1.14461<\/li>\n<li class=\"ag-analytics_item\">Open: 1.14511<\/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: 1.14380 \u2013 1.14598<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1214 \u2013 1.2557<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">On Friday the financial markets participants evaluated the labour reports from the US. In January the number of employees in the non-agricultural sector of the country reached 304 000 which was way above the predicted 165 000. At the same time, the other key indicators had a negative effect: the growth of the hourly wage slowed down from 0.4% (m\/m) to 0.1% (m\/m), while the unemployment level grew to 4%. The industrial PMI by ISM grew by 4.2% in January, up to 56.6. The attention will be focused on the statements by Donald Trump and the Federal Reserve representatives. Right now the currency pair is consolidating around 1.14350-1.14600. You should open positions from these levels.<\/p>\n<p class=\"ag-analytics_text\">At 17:00 (GMT+2:00) the US will publish the report on the industrial orders&#8217; volume.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-02-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-02-04.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 and below the signal line, which gives a strong signal to sell EUR\/USD..<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is around the oversold zone, the %K line is crossing the %D line. There are no signals at the moment.<\/p><div id=\"inves-608328745\" 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: 1.14600, 1.14800, 1.15100<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the 1.14350 mark, expect the quotes to descend toward 1.14000-1.13800.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can recover toward the round 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: 1.31010<\/li>\n<li class=\"ag-analytics_item\">Open: 1.30612<\/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: 1.30552 \u2013 1.30960<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2438 \u2013 1.4378<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">GBP\/USD remains ambiguous, keeps trading in a flat. The financial market participants are waiting for new information on Brexit. Keep an eye on the UK economic reports and open positions from the key levels of 1.30500 and 1.31000.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 04.02.2019:<\/p>\n<ul>\n<li>&#8211; Construction PMI (UK) \u2013 11:30 (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-2019-02-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-02-04.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not provide precise signals, 50 MA is crossing 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 GBP\/USD.<\/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: 1.30500, 1.30000, 1.29450<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31000, 1.31350, 1.31600<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the key support of 1.30500 expect the quotes to correct toward 1.30000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can recover toward 1.31350-1.31600.<\/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: 1.31213<\/li>\n<li class=\"ag-analytics_item\">Open: 1.30891<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.18<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.30836 \u2013 1.31065<\/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 remains in a bearish mood, the quotes are consolidating around the 3-month minimums of 1.30700-1.31200. A technical correction is possible soon. Keep an eye on the oil quotes and open positons from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 04.02.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-02-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-02-04.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price fixed below 50 MA and 200 MA which points to 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 in the neutral zone, the %K line is below the %D line which also points toward a downward trend.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.30700, 1.30200, 1.30000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31200, 1.31600, 1.31900<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.30700 expect the USD\/CAD quotes to fall toward 1.30300-1.30000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes can grow toward 1.31400-1.31600.<\/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: 108.859<\/li>\n<li class=\"ag-analytics_item\">Open: 109.513<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.57<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 109.432 \u2013 109.909<\/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 in an aggressive buy-out, the quotes have updated the local maximums and are testing the resistance at 109.900. 109.650 acts as a mirror support. The quotes have prospects for future growth. 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 04.02.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-02-04.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-02-04.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price fixed below 50 MA and 200 MA which points to the power of the buyers.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the positive zone and above the signal line which points to a bullish mood.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in 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: 109.650, 109.400, 109.200<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 109.900, 110.400<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the resistance level of 109.900 expect the USD\/JPY quotes to grow toward 110.300-110.500.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can descend toward 109.500-109.400.<\/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: 1.14461 Open: 1.14511 % chg. over the last day: +0.12 Day&#8217;s range: 1.14380 \u2013 1.14598 52 wk range: 1.1214 \u2013 1.2557 On Friday the financial markets participants evaluated the labour reports from the US. In January the number of employees in [&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-141085","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141085","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=141085"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141085\/revisions"}],"predecessor-version":[{"id":141087,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141085\/revisions\/141087"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=141085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=141085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=141085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}