{"id":171827,"date":"2020-06-09T08:15:30","date_gmt":"2020-06-09T12:15:30","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=171827"},"modified":"2020-06-09T08:01:19","modified_gmt":"2020-06-09T12:01:19","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2020-06-09","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/06\/the-analytical-overview-of-the-main-currency-pairs-on-2020-06-09\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2020.06.09"},"content":{"rendered":"<div id=\"inves-533398568\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">June 9, 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: 1.12933<\/li>\n<li class=\"ag-analytics_item\">Open: 1.12949<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.20<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.12552 \u2013 1.13148<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.0777 \u2013 1.1494<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The EUR\/USD currency pair has become stable. Investors have started partially fixing positions before the Fed meeting. The trading instrument is testing the following key support and resistance levels: 1.1250 and 1.1320, respectively. In the near future, the technical correction of EUR\/USD quotes is possible after a significant rally last week. We recommend following current information regarding the conflict between Washington and Beijing. Positions should be opened from key levels.<\/p>\n<div class=\"ag-analytics_title\">The Economic News Feed for 2020.06.09:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">&#8211; Preliminary data on Eurozone GDP at 12:00 (GMT+3:00);<\/li>\n<li class=\"ag-analytics_item\">&#8211; JOLTS job openings at 17:00 (GMT+3:00).<\/li>\n<\/ul>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2020-06-09.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2020-06-09.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: the price has fixed between 50 MA and 100 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram has started declining, which indicates the development of the correction movement.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in the oversold 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: 1.1250, 1.1195, 1.1155<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.1320, 1.1380<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.1320, EUR\/USD purchases should be considered. The movement is tending to 1.1380-1.1420.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be a decrease in the EUR\/USD currency pair to 1.1200-1.1180.<\/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: 1.26758<\/li>\n<li class=\"ag-analytics_item\">Open: 1.27232<\/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: 1.26592 \u2013 1.27556<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1466 \u2013 1.3516<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">GBP\/USD quotes have become stable after prolonged growth. Currently, the British pound is being traded in a flat. There is no defined trend. Financial market participants have taken a wait-and-see attitude before the Fed meeting. The key range is 1.2635-1.2740. In the near future, a technical correction of the trading instrument is possible. We recommend opening positions from key levels.<\/p>\n<p class=\"ag-analytics_text\">The news feed on the UK economy is calm today.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-06-09.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-06-09.jpg\" alt=\"GBP\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: the price has 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\">Stochastic Oscillator is near the oversold 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: 1.2635, 1.2585, 1.2500<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.2740, 1.2800<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.2740, further growth of GBP\/USD quotes is expected. The movement is tending to 1.2800-1.2830.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be a decrease in the GBP\/USD currency pair to 1.2580-1.2550.<\/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: 1.34098<\/li>\n<li class=\"ag-analytics_item\">Open: 1.33753<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.10<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.33598 \u2013 1.34565<\/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 USD\/CAD currency pair has been growing. The trading instrument has updated local highs. The loonie is currently consolidating in the range of 1.3400-1.3465. In the near future, the technical correction of USD\/CAD quotes is possible after a prolonged fall. We recommend paying attention to the dynamics of &#8220;black gold&#8221; prices. Positions should be opened from key levels.<\/p>\n<p class=\"ag-analytics_text\">Today, the publication of important economic releases from Canada is not expected.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2020-06-09.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2020-06-09.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: the price has crossed 50 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram has started growing, which indicates the development of bullish sentiment.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in the overbought 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: 1.3400, 1.3360<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.3465, 1.3530, 1.3570<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.3465, further growth of USD\/CAD quotes is expected. The movement is tending to 1.3530-1.3570.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be a decrease in the USD\/CAD currency pair to 1.3360-1.3320.<\/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: 109.589<\/li>\n<li class=\"ag-analytics_item\">Open: 108.434<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -1.09<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 107.793 \u2013 108.543<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 101.19 \u2013 112.41<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">There are aggressive sales on the USD\/JPY currency pair. During yesterday&#8217;s and today&#8217;s trading sessions, the drop in quotes exceeded 170 points. The trading instrument has set new local lows. At the moment, USD\/JPY quotes are consolidating in the range of 107.90-108.25. The yen has the potential for further growth against the greenback. Positions should be opened from key levels.<\/p>\n<p class=\"ag-analytics_text\">The news feed on Japan&#8217;s 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-2020-06-09.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2020-06-09.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators signal the power of sellers: the price has fixed below 100 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the negative zone, indicating the bearish sentiment.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in the neutral zone, the %K line has 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: 107.90, 107.60, 107.40<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 108.25, 108.55<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 107.90, a further drop in USD\/JPY quotes is expected. The movement is tending to 107.60-107.40.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be the growth of the USD\/JPY currency pair to 108.50-108.80.<\/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: 1.12933 Open: 1.12949 % chg. over the last day: -0.20 Day&#8217;s range: 1.12552 \u2013 1.13148 52 wk range: 1.0777 \u2013 1.1494 The EUR\/USD currency pair has become stable. Investors have started partially fixing positions before the Fed meeting. The trading instrument [&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-171827","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/171827","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=171827"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/171827\/revisions"}],"predecessor-version":[{"id":171828,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/171827\/revisions\/171828"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=171827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=171827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=171827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}