{"id":143488,"date":"2019-03-12T08:45:04","date_gmt":"2019-03-12T12:45:04","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=143488"},"modified":"2019-03-12T06:38:24","modified_gmt":"2019-03-12T10:38:24","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2019-03-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/03\/the-analytical-overview-of-the-main-currency-pairs-on-2019-03-12\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2019.03.12"},"content":{"rendered":"<div id=\"inves-545348877\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 12, 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: 1.12342<\/li>\n<li class=\"ag-analytics_item\">Open: 1.12474<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.25<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.12473 \u2013 1.12739<\/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 keeps recovering after the sharp fall last week. The EUR\/USD quotes are testing the local resistance at 1.12700. 1.12450 acts as a mirror support. At the same time, EUR remains under pressure due to weak economic reports from the EU, as well a growing spread between Germany and US government bonds yields. Soon EUR\/USD may start descending again. Right now the investors are looking at the UK Parliament and the Brexit vote. You should open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">At 14:30 (GMT+2:00) the US will publish an inflation report.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-03-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-03-12.jpg\" alt=\"EUR\/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 and keeps rising which points toward the further correction.<\/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 toward a bullish mood.<\/p><div id=\"inves-1589108986\" 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: 1.12450, 1.12200, 1.11800<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.12700, 1.12900, 1.13200<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.12700, expect the quotes to recover toward 1.13000-1.13200.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can descend toward 1.12200-1.12000.<\/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: 1.29668<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31890<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +2.00<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.31885 \u2013 1.32871<\/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 had an aggressive sell-off yesterday. The pound added 250 points against the USD. Theresa May finalized the negotiations with Jean-Claud Yunker regarding the backstop instrument. Today the attention is focused on the vote in the UK Parliament regarding the new Brexit agreement. The exact time of the vote is unknown. You should keep an eye on this event. The GBP\/USD quotes are consolidating around 1.31850-1.32500. You should open positions from these levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 12.03.2019:<\/p>\n<ul>\n<li>&#8211; GDP report (UK) \u2013 11:30 (GMT+2:00);<\/li>\n<li>&#8211; Industrial Production Volume (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-2019-03-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-03-12.jpg\" alt=\"GBP\/USD\" \/> <\/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 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 toward 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: 1.31850, 1.31100, 1.30700<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.32500, 1.33000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the resistance level of 1.32500, expect the quotes to grow toward 1.33000-1.33500.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can fall toward 1.31200-1.30700.<\/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: 1.34148<\/li>\n<li class=\"ag-analytics_item\">Open: 1.33944<\/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: 1.33853 \u2013 1.34060<\/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 keeps trading in a flat. There is no single defined trend. Right now the local support and resistance levels are 1.33850 and 1.34200. A technical correction for CAD is possible soon. Keep an eye on the US inflation report and the oil quotes dynamics. You should open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 12.03.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-03-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-03-12.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators do not provide precise data, 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 USD\/CAD.<\/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: 1.33850, 1.33350, 1.33000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.34200, 1.34600, 1.35000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.33850, expect the quotes to correct toward 1.33400-1.33200.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can grow toward 1.34600-1.34800.<\/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: 111.003<\/li>\n<li class=\"ag-analytics_item\">Open: 111.205<\/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: 111.193 \u2013 111.464<\/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 has an ambiguous picture. Right now the quotes are consolidating, with local support and resistance being 111.200 and 111.500. The demand for safe haven assets grows before the Brexit vote. The investors are waiting for the US inflatio report. You should open positions from the key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 12.03.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-03-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-03-12.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 positive zone and keeps rising which points toward a bullish mood.<\/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 toward the growth of USD\/JPY.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 111.200, 110.900, 110.600<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 111.500, 111.800, 112.000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 111.200, expect the quotes to fall toward 110.900-110.700.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes can grow toward 111.800-112.000.<\/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: 1.12342 Open: 1.12474 % chg. over the last day: +0.25 Day&#8217;s range: 1.12473 \u2013 1.12739 52 wk range: 1.1214 \u2013 1.2557 EUR keeps recovering after the sharp fall last week. The EUR\/USD quotes are testing the local resistance at 1.12700. 1.12450 [&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-143488","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143488","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=143488"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143488\/revisions"}],"predecessor-version":[{"id":143490,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/143488\/revisions\/143490"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=143488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=143488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=143488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}