{"id":161627,"date":"2019-12-12T08:15:51","date_gmt":"2019-12-12T13:15:51","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=161627"},"modified":"2019-12-12T06:59:06","modified_gmt":"2019-12-12T11:59:06","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2019-12-12","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/12\/the-analytical-overview-of-the-main-currency-pairs-on-2019-12-12\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2019.12.12"},"content":{"rendered":"<div id=\"inves-3602434634\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 12, 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: 1.10885<\/li>\n<li class=\"ag-analytics_item\">Open: 1.11289<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.36<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.10818 &#8211; 1.10848<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.0884 &#8211; 1.1623<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The EUR\/USD currency pair rose during yesterday&#8217;s trading. The US dollar weakened after the Fed meeting. The regulator kept interest rates unchanged at 1.75% and gave a signal that they are likely to remain unchanged until the end of 2020, while it is expected that moderate economic growth and low unemployment will continue until the next year\u2019s presidential election . At the moment, the key support and resistance levels are 1.11200 and 1.11500, respectively. Open positions from these marks.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 12.12.2019:<\/p>\n<ul>\n<li class=\"ag-analytics_item\">&#8211; ECB decision on interest rate &#8211; 14:45 (GMT+2:00);<\/li>\n<li class=\"ag-analytics_item\">&#8211; US manufacturer price index &#8211; 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-2019-12-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-12-12.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators point to the strength of buyers: the price is being traded 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 EUR\/USD.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is near the oversold zone, the% K line is below the% D line, which indicates a bearish 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: 1.11200, 1.10900, 1.10600<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.11500, 1.11800<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates above 1.11500, expect further growth toward 1.11800.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could fix below 1.11200 and descend toward 1.10900-1.10750.<\/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: 1.31546<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31964<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.12<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.32074 \u2013 1.32097<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1959 \u2013 1.3385<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The GBP\/USD currency pair has also moved up. Today, investors will look into the early parliamentary elections. Prime Minister Boris Johnson has decided to hold early parliamentary elections, as he hopes that the new parliament will support his Brexit deal. At the moment, the key support level is 1.31900. The key resistance level is 1.32250. We recommend opening positions from these marks.<\/p>\n<p class=\"ag-analytics_text\">The news background on the UK economy is calm. Today, parliamentary elections will be held.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-12-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-12-12.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators point to the strength 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 GBP\/USD.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in the neutral zone, the %K line crossed the %D line. There are no signals.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.31900, 1.31600, 1.31200<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.32250, 1.32600<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates above 1.32250, expect further growth toward 1.32600-1.32800.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could fix below 1.31900 and descend toward 1.31600-1.31500.<\/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: 1.32300<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31723<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.40<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.31667 \u2013 1.31694<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2727 \u2013 1.3664<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">During yesterday&#8217;s trading, the USD\/CAD quotes fell significantly due to Fed forecasts. The currency pair fell by more than 60 points. At the moment, the trading instrument is in lateral movement. The local support and resistance levels are still 1.31550 and 1.31800, respectively. We recommend paying attention to the dynamics of oil prices. Open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">Today, the publication of important news from Canada is not expected. We recommend you to pay attention to the speech of the head of the Bank of Canada.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-12-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-12-12.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators point to the strength of sellers: the price is being traded 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 USD\/CAD.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in the neutral zone, the %K line crossed the %D line. There are no exact signals.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.31550, 1.31200<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31800, 1.32150, 1.32500<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates below 1.31550, expect the quotes to descend toward 1.31550 and eventually reach 1.31200-1.31000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could correct toward 1.32150-1.32300.<\/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: 108.716<\/li>\n<li class=\"ag-analytics_item\">Open: 108.550<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.14<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 108.608 &#8211; 108.656<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 104.97 &#8211; 114.56<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">Quotes USD\/JPY also fell during yesterday&#8217;s trading. Today, during the Asian trading session, the USD\/JPY currency pair has moved into recovery. Currently, the key support and resistance levels are 108.600 and 108.800, respectively. We recommend you to pay attention to the dynamics of yield on US government bonds and open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 12.12.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-12-12.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-12-12.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: the price is crossing 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 USD\/JPY.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in the overbought zone, the %K line crosses the %D line. There are no exact signals.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 108.600, 108.400<\/li>\n<\/ul>\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: 1.10885 Open: 1.11289 % chg. over the last day: +0.36 Day&#8217;s range: 1.10818 &#8211; 1.10848 52 wk range: 1.0884 &#8211; 1.1623 The EUR\/USD currency pair rose during yesterday&#8217;s trading. The US dollar weakened after the Fed meeting. The regulator kept interest [&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-161627","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161627","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=161627"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161627\/revisions"}],"predecessor-version":[{"id":161629,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161627\/revisions\/161629"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=161627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=161627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=161627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}