{"id":141609,"date":"2019-02-11T08:46:54","date_gmt":"2019-02-11T13:46:54","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=141609"},"modified":"2019-02-11T06:58:21","modified_gmt":"2019-02-11T11:58:21","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2019-02-11","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/02\/the-analytical-overview-of-the-main-currency-pairs-on-2019-02-11\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2019.02.11"},"content":{"rendered":"<div id=\"inves-76963036\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 11, 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: 1.13383<\/li>\n<li class=\"ag-analytics_item\">Open: 1.13191<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.10<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.13146 \u2013 1.13300<\/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 stabilized after a long fall since the beginning of the month. Right now EUR\/USD quotes are consolidating. The key support and resistance levels are 1.13150 and 1.13350. A US\/China trading conflict is in the spotlight. Keep in mind that the countries made a truce until March 1 to find a compromise. The investors are waiting for the next round, set to commence this week. Keep an eye on the relevant intel regarding and open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 11.02.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-02-11.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-02-11.jpg\" alt=\"EUR\/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 EUR\/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><div id=\"inves-2438503758\" 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: 1.13150, 1.13000, 1.12500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.13350, 1.13600, 1.13800<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the local support 1.13150, expect the quotes to fall toward 1.12800-1.12600.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can recover toward 1.13600-1.13800.<\/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: 1.29480<\/li>\n<li class=\"ag-analytics_item\">Open: 1.29289<\/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: 1.29075 \u2013 1.29386<\/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 has an ambiguous technical picture. The pound is being traded in a flat. The key range is 1.29000-1.29450. The financial market participants are waiting for new information regarding Brexit. This week the UK will publish some important reports which may change the GBP\/USD balance in the short-term. Open the positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 11.02.2019:<\/p>\n<ul>\n<li>&#8211; GDP Report (GB) \u2013 11:30 (GMT+2:00);<\/li>\n<li>&#8211; Volume of Industrial Production (GB) \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-2019-02-11.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-02-11.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 and below the signal line, which points to the bearish mood.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is near the oversold zone, the %K line is below the %D line which gives a weak signal to sell GBP\/USD.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.29000, 1.28600<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.29450, 1.29750, 1.30000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the round 1.29000 consider selling GBP\/USD. The movement will tend toward 1.28600-1.28400.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can grow toward 1.29750-1.30000.<\/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: 1.32979<\/li>\n<li class=\"ag-analytics_item\">Open: 1.32630<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.23<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.32629 \u2013 1.32965<\/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 had a little sell-off on Friday and updated the local minimums. The demand on the CAD grew after an optimistic Labour Market report and the primary construction data. Right now USD\/CAD is consolidating around 1.32600-1.32950 and can correct further. Open the positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 11.02.2019:= is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-02-11.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-02-11.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 below the %D line, which gives a signal to sell 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: 1.32600, 1.32300, 1.32000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.32950, 1.33250<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.32600 expect the quotes to correct toward 1.32300-1.32000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes can grow toward 1.33250-1.33500.<\/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: 109.790<\/li>\n<li class=\"ag-analytics_item\">Open: 109.736<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.07<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 109.722 \u2013 110.028<\/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 keeps trading in a long flat. There is no single defined trend. The financial market participants are waiting for additional drivers. The USD\/JPY quotes are testing the 110.000-110.150 zone. The local support is 109.750. You should open positions from the key levels and keep an eye on the US\/China trading conflict.<\/p>\n<p class=\"ag-analytics_text\">Today the trading activity and volatility on USD\/JPY may be smaller than usual due to the celebrations in Japan.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-02-11.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-02-11.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 and keeps rising 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: 109.750, 109.550, 109.200<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 110.000, 110.150, 110.500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 110.150, expect it to grow toward 110.500-110.700.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the price can fall toward 109.500-109.300.<\/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: 1.13383 Open: 1.13191 % chg. over the last day: -0.10 Day&#8217;s range: 1.13146 \u2013 1.13300 52 wk range: 1.1214 \u2013 1.2557 EUR stabilized after a long fall since the beginning of the month. Right now EUR\/USD quotes are consolidating. The key [&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-141609","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141609","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=141609"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141609\/revisions"}],"predecessor-version":[{"id":141611,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141609\/revisions\/141611"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=141609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=141609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=141609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}