{"id":163528,"date":"2020-01-20T09:45:51","date_gmt":"2020-01-20T14:45:51","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=163528"},"modified":"2020-01-20T08:29:42","modified_gmt":"2020-01-20T13:29:42","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2020-01-20","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/01\/the-analytical-overview-of-the-main-currency-pairs-on-2020-01-20\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2020.01.20"},"content":{"rendered":"<div id=\"inves-3915235163\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 20, 2020<\/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: 1.11351<\/li>\n<li class=\"ag-analytics_item\">Open: 1.10905<\/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: 1.10889 &#8211; 1.11024<\/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 is dominated by bearish sentiment. Greenback is supported by a series of optimistic economic releases from the US, which was published last week. At the moment, the trading instrument is testing a key support level of 1.10900. Mark 1.11100 is already a &#8220;mirror&#8221; resistance. The technical picture signals a further decline in the EUR \/ USD currency pair. We recommend opening positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">Today the news background is calm. US financial markets will be closed due to the holiday.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2020-01-20.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2020-01-20.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators signal the strength 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 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: 1.10900, 1.10500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.11100, 1.11300, 1.11450<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates below the level of 1.10900, expect a further drop toward 1.10600-1.10400.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could grow toward 1.11300-1.11400.<\/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: 1.30777<\/li>\n<li class=\"ag-analytics_item\">Open: 1.29928<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.64<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.29705 &#8211; 1.30090<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1959 &#8211; 1.3516<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">GBP\/USD quotes went down. Sterling set new local lows. Demand for the US dollar remains at a fairly high level. At the moment, the key support and resistance levels are 1.29600 and 1.30150, respectively. The GBP\/USD currency pair has the potential for further decline. Investors expect up-to-date information on Brexit. Open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 20.01.2020 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-01-20.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-01-20.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The price fixed below 100 MA, which signals the strength of sellers.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the negative zone and continues to decline, indicating a bearish mood.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is near the oversold 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: 1.29600, 1.29200, 1.29000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.30150, 1.30550, 1.31000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates below 1.29600, expect a further drop toward 1.29300-1.29100.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could grow toward 1.30400-1.30600.<\/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: 1.30415<\/li>\n<li class=\"ag-analytics_item\">Open: 1.30579<\/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: 1.30550 &#8211; 1.30710<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2949 &#8211; 1.3566<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The USD\/CAD currency pair continues to trade in a long flat. There are no defined trends. Participants in financial markets expect additional drivers. At the moment, the following local support and resistance levels can be distinguished: 1.30500 and 1.30750, respectively. A trading instrument has potential for growth. We recommend that you pay attention to the dynamics of prices of &#8220;black gold&#8221;. Open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 20.01.2020 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2020-01-20.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2020-01-20.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: 50 MA crossed 100 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram has moved into the positive zone, indicating bullish sentiment.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in the neutral zone, the% K line is above the% D line, which gives a signal to buy 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: 1.30500, 1.30300, 1.30000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.30750, 1.31000, 1.31300<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates above 1.30750, USD\/CAD quotes are expected to rise. The potential movement is to 1.31000-1.31200.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could descend toward 1.30300-1.30000.<\/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: 110.138<\/li>\n<li class=\"ag-analytics_item\">Open: 110.077<\/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: 110.077 &#8211; 110.216<\/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 has stabilized after continued growth. The trading instrument is currently consolidating. Local levels of support and resistance are: 110.000 and 110.300, respectively. In the near future, a technical correction is possible. We recommend that you keep track of current information regarding the second phase of the trade agreement between Washington and Beijing. Open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The news background on the Japanese economy is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2020-01-20.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2020-01-20.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: the price crossed 50 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is near the 0 mark.<\/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 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: 110.000, 109.800, 109.400<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 110.300, 110.600<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates above 110.300, expect further grotwht toward 110.600-110.800.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could correct toward 109.600-109.400.<\/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: 1.11351 Open: 1.10905 % chg. over the last day: -0.40 Day&#8217;s range: 1.10889 &#8211; 1.11024 52 wk range: 1.0879 &#8211; 1.1572 The EUR\/USD currency pair is dominated by bearish sentiment. Greenback is supported by a series of optimistic economic releases from [&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-163528","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163528","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=163528"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163528\/revisions"}],"predecessor-version":[{"id":163529,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163528\/revisions\/163529"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=163528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=163528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=163528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}