{"id":162329,"date":"2019-12-23T08:00:38","date_gmt":"2019-12-23T13:00:38","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=162329"},"modified":"2019-12-23T06:27:26","modified_gmt":"2019-12-23T11:27:26","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2019-12-23","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/12\/the-analytical-overview-of-the-main-currency-pairs-on-2019-12-23\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2019.12.23"},"content":{"rendered":"<div id=\"inves-2397301870\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 23, 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: 1.11215<\/li>\n<li class=\"ag-analytics_item\">Open: 1.10785<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.39<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.10730 &#8211; 1.10864<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.0879 &#8211; 1.1572<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The EUR\/USD currency pair went down. The trading tool has updated local lows. The demand for USD rose after optimistic US GDP data came out. Currently, EUR\/USD quotes are consolidating in the range of 1.10650-1.10900. The American currency has the potential for further growth. This week, trading activity and volatility may be reduced due to the Christmas holidays. Investors expect up-to-date information regarding trade negotiations between Washington and Beijing. We recommend opening positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 23.12.2019:<\/p>\n<ul>\n<li class=\"ag-analytics_item\">&#8211; Data on orders for durable goods (US) \u2013 15:30 (GMT+2:00);<\/li>\n<li class=\"ag-analytics_item\">&#8211; New Real Estate Sales (US) \u2013 17:00 (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-2019-12-23.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2019-12-23.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators signal 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\">The Stochastic Oscillator is in the neutral zone, the %K line is above the %D line, which indicates 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: 1.10650, 1.10300<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.10900, 1.11100, 1.11300<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates below 1.10650, expect the quotes to fall further toward 1.10400-1.10200.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could grow toward 1.11200-1.11400.<\/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: 1.30083<\/li>\n<li class=\"ag-analytics_item\">Open: 1.30007<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.01<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.29865 &#8211; 1.30245<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1959 &#8211; 1.3516<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The GBP \/ USD currency pair stabilized after a significant drop last week. The pound lost in price against the US dollar more than 340 points. Currently, GBP \/ USD quotes are consolidating. The local support and resistance levels are: 1.29900 and 1.30650, respectively. In the near future, technical correction is not ruled out. We recommend keeping track of current information on the Brexit issue. Open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 23.12.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-12-23.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2019-12-23.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: the price is testing 50 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is close to the 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 indicates a bearish sentiment.<\/p>\n<div class=\"ag-analytics_title\">The Stochastic Oscillator is in the neutral zone, the %K line is below the %D line, which indicates a bearish sentiment.<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.29900, 1.29500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.30650, 1.31350, 1.32100<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates below 1.29900, expect the quotes to drop toward 1.29500-1.29300.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could grow toward 1.31200-1.31400.<\/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: 1.31210<\/li>\n<li class=\"ag-analytics_item\">Open: 1.31463<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.16<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.31400 &#8211; 1.31604<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.3014 &#8211; 1.3664<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">On Friday, December 20, the USD \/ CAD currency pair retreated from local lows. Looney is currently consolidating. The technical picture is ambiguous. The key range is 1.31450-1.31750. Participants in financial markets expect the release of important statistical data from the United States and Canada. We also recommend that you pay attention to the dynamics of prices of black gold. Open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">At 15:30 (GMT+2:00) a report on Canada will publish a GDP report.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-12-23.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2019-12-23.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price has fixed above 100 MA, which signals the power of 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 USD\/CAD.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is near the overbought zone, the %K line 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: 1.31450, 1.31250, 1.31050<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.31750, 1.32000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates below 1.31450, USD\/CAD is expected to fall toward 1.31000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively the quotes could grow toward 1.32000-1.32200.<\/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: 109.364<\/li>\n<li class=\"ag-analytics_item\">Open: 109.402<\/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: 109.366 &#8211; 109.539<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 104.45 &#8211; 113.53<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The USD\/JPY currency pair continues to trade in a long flat. There is no defined trend. At the moment, the following local support and resistance levels can be distinguished: 109.300 and 109.500. Participants in financial markets expect additional drivers. A trading instrument has a downside potential. We recommend you to pay attention to the dynamics of the yield of US government securities. Open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 23.12.2019 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-12-23.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2019-12-23.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: the price crossed 50 MA and 100 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is close to the 0 mark. There are no signals at the moment.<\/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: 109.300, 109.200, 109.000.<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 109.500, 109.700, 110.000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates below 109.300, expect the quotes to fall toward 109.000-108.800.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could grow toward 109.700-110.000.<\/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: 1.11215 Open: 1.10785 % chg. over the last day: -0.39 Day&#8217;s range: 1.10730 &#8211; 1.10864 52 wk range: 1.0879 &#8211; 1.1572 The EUR\/USD currency pair went down. The trading tool has updated local lows. The demand for USD rose after optimistic [&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-162329","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162329","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=162329"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162329\/revisions"}],"predecessor-version":[{"id":162330,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/162329\/revisions\/162330"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=162329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=162329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=162329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}