{"id":143207,"date":"2019-03-07T08:45:27","date_gmt":"2019-03-07T13:45:27","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=143207"},"modified":"2019-03-07T06:46:59","modified_gmt":"2019-03-07T11:46:59","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2019-03-07","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/03\/the-analytical-overview-of-the-main-currency-pairs-on-2019-03-07\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2019.03.07"},"content":{"rendered":"<div id=\"inves-3372050542\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 7, 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 noreferrer\">JustForex<\/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: 1.13073<\/li>\n<li class=\"ag-analytics_item\">Open: 1.13068<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.03<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.13011 \u2013 1.13157<\/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 has stabilized. The financial market participants are waiting for the Central Bank meeting. The regulator is supposed to leave the interest rate without changes. Keep an eye on the comments and rhetorics by the CBE representatives. The bank is also discussing the possibility of renewal of the long-term credit operations TLTRO to stimulate the European economy. The EUR\/USD currency pair is consolidating around 1.12900-1.13200. You should open positions from these levels.<\/p>\n<p class=\"ag-analytics_text\">At 14:45 (GMT+2:00) CBE will declare the new key interest rate.<\/p>\n<ul>\n<li>&#8211; GDP Report (EU) \u2013 12:00 (GMT+2:00);<\/li>\n<li>&#8211; Report on primary unemployment benefits requests (US) \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\/eurusd-2019-03-07.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-03-07.jpg\" alt=\"EUR\/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 above the %D line, which points to the bullish mood.<\/p><div id=\"inves-2670727411\" 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: 1.12900, 1.12500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.13200, 1.13450, 1.13650<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below the support level of 1.12900, expect the quotes to fall toward 1.12500-1.12300.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can grow toward 1.13500-1.13700.<\/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: 1.31729<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31690<\/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: 1.31586 \u2013 1.31846<\/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 stabilized. The financial market participants are waiting for the new info regarding Brexit. The quotes have stabilized around 1.31350 and 1.31850. The trading instrument started to descend. The demand for the USD remains high. You should open positions from these levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 07.03.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-03-07.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-03-07.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not 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 positive zone but below the signal line, which gives a weak signal to buy GBP\/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 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: 1.31350, 1.30800, 1.30500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31850, 1.32400, 1.32800<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.31350, expect the quotes to fall toward 1.30800-1.30500.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can grow toward 1.32300-1.32600.<\/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: 1.33502<\/li>\n<li class=\"ag-analytics_item\">Open: 1.34366<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.66<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.34299 \u2013 1.34471<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2248 \u2013 1.3664<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">CAD started losing positions yesterday, since Bank of Canada kept the monetary positions at the same level. The regulator is worried about the economic situation in the country and is not going to raise the rates any time soon. An additional pressure on CAD is caused by weak economic reports from canada. Right now the quotes are consolidating around 1.34150-1.34500. You should open positions from these levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 07.03.2019 is calm. At 15:30 (GMT+2:00) Canada will publish a report on the building permissions.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-03-07.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-03-07.jpg\" alt=\"USD\/CAD\" \/> <\/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 points toward the correction of the USD\/CAD quotes.<\/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 toward the 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: 1.34150, 1.33700, 1.33350<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.34500, 1.35000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.34500, expect tje qiptes to grow toward 1.35000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can correct toward 1.33800-1.33600.<\/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: 111.849<\/li>\n<li class=\"ag-analytics_item\">Open: 111.765<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.21<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 111.575 \u2013 111.800<\/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 moving sideways. There is no single defined trend. The investors are waiting for additional drivers. The demand for the safe haven currencies remains before the ECB meeting today and the US Labour Market report for December set to release on March 8. The local support and resistance levels are 111.550 and 111.800. You should open positions from these levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 07.03.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-03-07.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-03-07.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not 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 points toward selling USD\/JPY.<\/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: 111.550, 111.200, 111.050<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 111.800, 112.000, 112.500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixed below 111.500, expect the quotes to fall toward 111.250-111.000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can correct toward 112.000-112.300.<\/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 noreferrer\">JustForex<\/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: 1.13073 Open: 1.13068 % chg. over the last day: -0.03 Day&#8217;s range: 1.13011 \u2013 1.13157 52 wk range: 1.1214 \u2013 1.2557 EUR has stabilized. The financial market participants are waiting for the Central Bank meeting. The regulator is supposed to leave [&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-143207","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143207","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=143207"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143207\/revisions"}],"predecessor-version":[{"id":143210,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143207\/revisions\/143210"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=143207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=143207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=143207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}