{"id":141152,"date":"2019-02-05T08:45:30","date_gmt":"2019-02-05T13:45:30","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=141152"},"modified":"2019-02-05T06:34:25","modified_gmt":"2019-02-05T11:34:25","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2019-02-05","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/02\/the-analytical-overview-of-the-main-currency-pairs-on-2019-02-05\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2019.02.05"},"content":{"rendered":"<div id=\"inves-2698960746\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 5, 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: 1.14511<\/li>\n<li class=\"ag-analytics_item\">Open: 1.14355<\/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: 1.14121 \u2013 1.14405<\/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\/USD is in a bearish mood. The USD is supported by the positive bond yield dynamics. The quotes are testing 1.14100 local support with 1.14400 acting as a mirror resistance. The trading instrument has prospects for further growth. Investors are waiting for an array of reports. You should open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 05.02.2019:<\/p>\n<ul>\n<li>&#8211; Business Activity Report (EU) \u2013 11:00 (GMT+2:00);<\/li>\n<li>&#8211; Non-Industrial PMI by ISM (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-2019-02-05.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-02-05.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not provide precise signals, the price has crossed 50 MA<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the negative zone and keeps descending, sending a strong signal yo sell EUR\/USD.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is near the oversold zone, the %K line is crossing the %D line. There are no signals at the moment.<\/p><div id=\"inves-892101691\" 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: 1.14100, 1.13800, 1.13500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.14400, 1.14600, 1.14800<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.14100 expect the EUR\/USD quotes to descend further toward 1.13800-1.13500.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can grow toward 1.14600-1.14800.<\/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: 1.30612<\/li>\n<li class=\"ag-analytics_item\">Open: 1.30360<\/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: 1.30266 \u2013 1.30511<\/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 in a long flat. The GBP is under pressure due to weak reports on business activity in the UK. GBP\/USD is consolidating around 1.30150-1.30550 with further descent prospects. Keep an eye on Brexit and open positons from the key levels.<\/p>\n<p class=\"ag-analytics_text\">At 11:30(GMT+2:00) the UK will publish a service industry PMI.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-02-05.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-02-05.jpg\" alt=\"GBP\/USD\" \/> <\/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 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: 1.30150, 1.29500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.30550, 1.31000, 1.31350<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the local support of 1.30150 expect the quotes to fall toward 1.29750-1.29500.<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes can grow toward the round 1.31000.<\/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: 1.30891<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31112<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.08<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.31022 \u2013 1.31211<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2248 \u2013 1.3664<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The CAD stabilized. USD\/CAD are moving in a flat. The key support and resistance levels are 1.31000 and 1.31350. A technical correction is possible after a long fall. Keep an eye on the US news feed and open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 05.02.2019:<\/p>\n<ul>\n<li>&#8211; Trading Balance Report (CAD) \u2013 15:30 (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\/usdcad-2019-02-05.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-02-05.jpg\" alt=\"USD\/CAD\" \/> <\/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 above the %D line, which points towards a correction of 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: 1.31000, 1.30700<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31350, 1.31650, 1.32000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.31350 expect the USD\/CAD quotes to correct toward 1.31650-1.32000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes can fall toward 1.30700-1.30500.<\/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: 109.513<\/li>\n<li class=\"ag-analytics_item\">Open: 109.858<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.48<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 109.779 \u2013 110.040<\/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 consolicating after a significant rally at the beginning of the month. The key levels are 109.800 and 110.100. The USD is supported by the positive Treasury bonds yield dynamic. The quotes have a potential to grow further. Keep an eye on the US economic reports.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 05.02.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-02-05.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-02-05.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price fixed above 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 but below 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 above the %D line which points to a bullish mood.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 109.800, 109.500, 109.200<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 110.100, 110.500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixe above 110.100 expect the quotes to grow toward 110.500-110.700.<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes can descend toward 109.600-109.400.<\/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: 1.14511 Open: 1.14355 % chg. over the last day: -0.17 Day&#8217;s range: 1.14121 \u2013 1.14405 52 wk range: 1.1214 \u2013 1.2557 EUR\/USD is in a bearish mood. The USD is supported by the positive bond yield dynamics. The quotes are testing [&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-141152","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141152","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=141152"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141152\/revisions"}],"predecessor-version":[{"id":141155,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141152\/revisions\/141155"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=141152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=141152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=141152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}