{"id":153786,"date":"2019-08-19T08:45:20","date_gmt":"2019-08-19T12:45:20","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=153786"},"modified":"2019-08-19T07:41:41","modified_gmt":"2019-08-19T11:41:41","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2019-08-19","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/08\/the-analytical-overview-of-the-main-currency-pairs-on-2019-08-19\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2019.08.19"},"content":{"rendered":"<div id=\"inves-1623165588\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 19, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>by <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<div class=\"ag-analytics-block__daily-forecast\">\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: 1.11050<\/li>\n<li class=\"ag-analytics_item\">Open: 1.10921<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.15<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.10876 \u2013 1.11012<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1034 \u2013 1.1817<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The EUR\/USD currency pair had become stable after a rather significant fall last week. The trading instrument is currently consolidating. A unidirectional trend is not observed. Investors expect additional drivers. The local support and resistance levels are 1.10700 and 1.11000, respectively. Today we expect important statistics on the Eurozone&#8217;s economy. Positions should be opened from key levels.<\/p>\n<div class=\"ag-analytics_title\">The News Feed on 19.08.2019:<\/div>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li class=\"ag-analytics_item\">&#8211; Consumer price index in the Eurozone at 12:00 (GMT+3:00).<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-08-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-08-19.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators point to the power of sellers: the price has fixed below 50 MA and 100 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 EUR\/USD.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in the neutral zone, the %K line is above the %D line, which indicates the bullish sentiment.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.10700, 1.10500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.11000, 1.11300, 1.11650<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.10700, a further fall in the EUR\/USD quotes is expected. The movement is tending to 1.10500-1.10200.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be the growth of the EUR\/USD currency pair to 1.11300-1.11500.<\/p>\n<\/div>\n<div class=\"ag-analytics-block__daily-forecast\">\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: 1.20819<\/li>\n<li class=\"ag-analytics_item\">Open: 1.21500<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.53<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.21401 \u2013 1.21725<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2015 \u2013 1.3385<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The bullish sentiment prevails on the GBP\/USD currency pair. The British pound is currently testing key highs. The local support and resistance levels are 1.21400 and 1.21750, respectively. A trading instrument has the potential for further recovery after a continuous fall. Financial market participants continue to monitor the situation concerning Brexit. Positions should be opened from key levels.<\/p>\n<p class=\"ag-analytics_text\">Today, the publication of important economic releases from the UK is not planned.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-08-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-08-19.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators point to the power of buyers: the price has fixed above 50 MA and 100 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the positive zone and continues to rise, which signals the bullish sentiment.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is near the overbought zone, the %K line is above the %D line, which gives a weak signal to buy 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: 1.21400, 1.21000, 1.20750<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.21750, 1.22100<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.21750, further correction of the GBP\/USD quotes is expected. The movement is tending to 1.22000-1.22300.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be a decrease in the GBP\/USD currency pair to a round level of 1.21000.<\/p>\n<\/div>\n<div class=\"ag-analytics-block__daily-forecast\">\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: 1.33122<\/li>\n<li class=\"ag-analytics_item\">Open: 1.32694<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.29<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.32602 \u2013 1.33770<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2727 \u2013 1.3664<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">On Friday, the USD\/CAD currency pair moved away from local highs. The fall in quotes exceeded 45 points. The loonie is currently consolidating. The key range is 1.32600-1.32900. The positive dynamics of oil quotes support the Canadian dollar. At the same time, we do not exclude the further growth of USD\/CAD quotes. Today, the news feed is calm enough. We recommend opening positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The publication of important economic reports from Canada is not planned.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-08-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-08-19.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: the price has crossed 100 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\">Stochastic Oscillator is in the overbought zone, the %K line has crossed 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: 1.32600, 1.32150, 1.31850<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.32900, 1.33250, 1.33450<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above the level of 1.32900, further growth of the USD\/CAD currency pair is expected. The movement is tending to 1.33200-1.33500.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be a fall in the USD\/CAD quotes to 1.32300-1.32150.<\/p>\n<\/div>\n<div class=\"ag-analytics-block__daily-forecast\">\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: 106.056<\/li>\n<li class=\"ag-analytics_item\">Open: 106.250<\/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: 106.241 \u2013 106.473<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 104.97 \u2013 114.56<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The technical pattern is still ambiguous on the USD\/JPY currency pair. A trading instrument is consolidating. At the moment, USD\/JPY quotes are testing the resistance level of 106.500. The 106.100 mark is the nearest support. The USD\/JPY currency pair has the potential for further growth. We recommend paying attention to the dynamics of the US government bonds yield. Positions should be opened from key levels.<\/p>\n<p class=\"ag-analytics_text\">During the Asian trading session, mixed data on Japan&#8217;s trade balance have been published.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-08-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-08-19.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators point to the power of buyers: the price has fixed above 50 MA and 100 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 USD\/JPY.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in the neutral zone, the %K line is above the %D line, which indicates the bullish sentiment.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 106.100, 105.750, 105.500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 106.500, 107.000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 106.500, further growth of the USD\/JPY currency pair is expected. The movement is tending to the round level of 107.000.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be a fall in the USD\/JPY quotes to 105.750-105.500.<\/p>\n<\/div>\n<p><strong>by <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>by JustForex The EUR\/USD currency pair Technical indicators of the currency pair: Prev Open: 1.11050 Open: 1.10921 % chg. over the last day: -0.15 Day&#8217;s range: 1.10876 \u2013 1.11012 52 wk range: 1.1034 \u2013 1.1817 The EUR\/USD currency pair had become stable after a rather significant fall last week. The trading instrument is currently consolidating. [&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-153786","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153786","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=153786"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153786\/revisions"}],"predecessor-version":[{"id":153788,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/153786\/revisions\/153788"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=153786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=153786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=153786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}