{"id":163618,"date":"2020-01-21T08:15:42","date_gmt":"2020-01-21T13:15:42","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=163618"},"modified":"2020-01-21T06:54:40","modified_gmt":"2020-01-21T11:54:40","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2020-01-21","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/01\/the-analytical-overview-of-the-main-currency-pairs-on-2020-01-21\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2020.01.21"},"content":{"rendered":"<div id=\"inves-2366997812\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 21, 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: 1.10905<\/li>\n<li class=\"ag-analytics_item\">Open: 1.10939<\/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: 1.10889 &#8211; 1.10994<\/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 stabilized after a sharp decline at the end of last week. At the moment, the trading instrument is in lateral movement. Unidirectional trends are not observed. EUR \/ USD quotes test local support and resistance levels: 1.10800 and 1.11000, respectively. Participants in financial markets expect additional drivers. The demand for greenback is still at a fairly high level. We recommend opening positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">At 12:00 (GMT+2: 00), Germany will publish the ZEW economic sentiment indices.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2020-01-21.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2020-01-21.jpg\" alt=\"EUR\/USD\" \/> <\/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 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: 1.10800, 1.10500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.11000, 1.11200, 1.11450<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates below 1.10800, expect a further descend toward 1.10500-1.10300.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could recover 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: 1.29928<\/li>\n<li class=\"ag-analytics_item\">Open: 1.30076<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.02<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.29956 &#8211; 1.30216<\/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 retreated from local lows. The pound is currently consolidating. The local support and resistance levels are 1.29900 and 1.30200, respectively. The current technical picture signals a further correction of the GBP\/USD currency pair. Investors expect important statistics on the UK economy. Open positions be opened from key levels.<\/p>\n<p class=\"ag-analytics_text\">At 11:30 (GMT+2:00) a report on the UK labor market will be published.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-01-21.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-01-21.jpg\" alt=\"GBP\/USD\" \/> <\/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 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: 1.29900, 1.29600<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.30200, 1.30550, 1.31000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates above 1.30200, expect the quotes to rise toward 1.30500-1.30800.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could descend toward 1.29600-1.29400.<\/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: 1.30579<\/li>\n<li class=\"ag-analytics_item\">Open: 1.30474<\/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: 1.30446 &#8211; 1.30658<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2949 &#8211; 1.3566<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">CAD is still trading in a protracted flat. Unidirectional trends are not observed. At the moment, the following key support and resistance levels can be identified: 1.30450 and 1.30750, respectively. USD\/CAD quotes have a potential for recovery. We recommend you to 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 sales in Canada\u2019s manufacturing sector will be published.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2020-01-21.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2020-01-21.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicatorsdo not give accurate signals: the price crossed 50 MA and 100 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 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: 1.30450, 1.30300, 1.30200<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.30750, 1.31000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price consolidates above 1.30750, expect the quotes to rise toward 1.31000-1.31300.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could descend toward 1.30200-1.30000.<\/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: 110.077<\/li>\n<li class=\"ag-analytics_item\">Open: 110.176<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.04<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 109.887 \u2013 110.221<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 104.45 \u2013 113.53<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The USD\/JPY currency pair went down. A trading instrument has the potential for further correction after a protracted rally. At the moment, the key range is 109.850-110.300. The Bank of Japan, as expected, kept the basic parameters of monetary policy unchanged. The regulator published optimistic forecasts for the country&#8217;s GDP. We recommend that you pay attention to the dynamics of yield on US government bonds. Open positions from key levels.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2020-01-21.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2020-01-21.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators of accurate signals do not give: the price crossed 50 MA and 100 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the negative zone, which indicates a bearish mood.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in 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: 109.850, 109.650, 109.350<\/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 below 109.850, expect a correction toward 109.500-109.200.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could grow toward 110.500-110.700.<\/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: 1.10905 Open: 1.10939 % chg. over the last day: +0.01 Day&#8217;s range: 1.10889 &#8211; 1.10994 52 wk range: 1.0879 &#8211; 1.1572 The EUR\/USD currency pair stabilized after a sharp decline at the end of last week. At the moment, the trading [&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-163618","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163618","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=163618"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163618\/revisions"}],"predecessor-version":[{"id":163619,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163618\/revisions\/163619"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=163618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=163618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=163618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}