{"id":166865,"date":"2020-03-19T09:15:59","date_gmt":"2020-03-19T13:15:59","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=166865"},"modified":"2020-03-19T08:08:56","modified_gmt":"2020-03-19T12:08:56","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2020-03-19","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/03\/the-analytical-overview-of-the-main-currency-pairs-on-2020-03-19\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2020.03.19"},"content":{"rendered":"<div id=\"inves-232114379\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 19, 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: 1.10070<\/li>\n<li class=\"ag-analytics_item\">Open: 1.09119<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.49<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.08134 \u2013 1.09812<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.0777 \u2013 1.1494<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">EUR\/USD quotes show negative \u0435\u043a\u0443\u0442\u0432\u044b. The demand for risky assets remains at a low level. The coronavirus pandemic is still in the spotlight. The ECB launched an emergency asset buyback program for 750 bln EUR. The US Federal Reserve announced a new $3.8 trillion credit program to fight the consequences of the virus crisis. Currently, EUR\/USD currency pair is consolidating in the range of 1.08000-1.09550. The trading instrument can decline further. Open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">At 14:30 (GMT+2:00), the Philadelphian PMI will be published.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2020-03-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2020-03-19.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators signal the sellers&#8217; power: 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, which indicates a bearish sentiment.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in the neutral 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: 1.08000, 1.07000<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.09550, 1.10600, 1.11600.<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.08000, expect further descend toward 1.07000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could recover toward 1.10500-1.11000.<\/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: 1.20594<\/li>\n<li class=\"ag-analytics_item\">Open: 1.15803<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -3.69<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.14746 \u2013 1.16614<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1466 \u2013 1.3516<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The British pound fell on Wednesday to its lowest level against the dollar since 1985 and to more than a decade low against the euro due to concerns about the coronavirus and investors&#8217; desire to hold on to the US dollar. Currently, GBP\/USD quotes are consolidating in the range of 1.14500-1.16500. Technical correction of the trading instrument after a significant collapse is not ruled out in the nearest future. Open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 19.03.2020 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-03-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-03-19.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators signal the sellers&#8217; power: 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, which indicates a bearish sentiment.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is in the neutral zone, the %K line started crossing 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: 1.14500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.16500, 1.20000, 1.21350<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.14500, expect the quotes to fall toward 1.13000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could correct 1.18000-1.19000.<\/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: 1.42021<\/li>\n<li class=\"ag-analytics_item\">Open: 1.45086<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +1.99<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.44256 \u2013 1.46679<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2949 \u2013 1.4668<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The CAD keeps losing ground against the USD. During yesterday and today&#8217;s trades the growth of USD\/CAD quotes exceeded 400 points. The Canadian dollar remains under pressure amid a significant collapse of oil quotations. At the moment the trading instrument has stabilized. The key range is 1.44000-1.46600. Technical correction is not ruled out in the nearest future. Open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 19.03.2020 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2020-03-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2020-03-19.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators signal the strength of buyers: the price has fixed above 50 MA and 100 MA.<\/p>\n<p class=\"ag-analytics_text\">MACD histogram is in the positive zone, which indicates a bullish sentiment.<\/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 possible correction of the USD\/CAD currency pair.<\/p>\n<div class=\"ag-analytics_title\">Trading recommendations<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">Support levels: 1.44000, 1.42750, 1.41500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.46600, 1.48000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.46600, consider buying USD\/CAD as the price rises toward 1.48000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could descend toward 1.42500-1.41500.<\/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: 107.604<\/li>\n<li class=\"ag-analytics_item\">Open: 108.042<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.63<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 107.996 \u2013 109.551<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 101.19 \u2013 112.41<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The USD\/JPY currency pair has moved up. The quotes have updated the local highs. At the moment the trading instrument is consolidating in the range 108.500-109.500. Financial markets participants are waiting for additional drivers. We recommend you to pay attention to the dynamics of US government securities yield. USD\/JPY currency pair has potential for further growth. Open positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The Economic News Feed for 19.03.2020 is calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2020-03-19.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2020-03-19.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">The indicators signal the strength of buyers: the price has fixed above 50 MA and 100 MA.<\/p>\n<p class=\"ag-analytics_text\">MACD histogram is in the positive zone, which gives a signal to buy USD\/JPY.<\/p>\n<p class=\"ag-analytics_text\">The Stochastic Oscillator is located in the neutral zone, the %K line crosses 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: 108.500, 107.850, 106.500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 109.500, 111.000<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 109.500, expect further growth toward 110.500-111.000.<\/p>\n<p class=\"ag-analytics_text\">Alternatively, the quotes could descend toward 107.000-106.500.<\/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: 1.10070 Open: 1.09119 % chg. over the last day: -0.49 Day&#8217;s range: 1.08134 \u2013 1.09812 52 wk range: 1.0777 \u2013 1.1494 EUR\/USD quotes show negative \u0435\u043a\u0443\u0442\u0432\u044b. The demand for risky assets remains at a low level. The coronavirus pandemic is still [&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-166865","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166865","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=166865"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166865\/revisions"}],"predecessor-version":[{"id":166866,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166865\/revisions\/166866"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=166865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=166865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=166865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}