{"id":173565,"date":"2020-07-13T09:30:35","date_gmt":"2020-07-13T13:30:35","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173565"},"modified":"2020-07-13T09:04:36","modified_gmt":"2020-07-13T13:04:36","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2020-07-13","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/the-analytical-overview-of-the-main-currency-pairs-on-2020-07-13\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2020.07.13"},"content":{"rendered":"<div id=\"inves-1995414125\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 13, 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: 1.12834<\/li>\n<li class=\"ag-analytics_item\">Open: 1.13023<\/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: 1.13009\u00a0 \u2013 1.13361<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.0777\u00a0 \u2013 1.1494<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">The EUR\/USD currency pair is consolidating. The technical pattern is ambiguous. Sentiment in the financial markets continues to deteriorate amid the second wave of the COVID-19 epidemic. The World Health Organization reported a record 230,370 new cases last Sunday. The number of infected in the world has reached 13 million. At the moment, EUR\/USD quotes are testing local support and resistance levels: 1.1300 and 1.1335, respectively. The single currency is tending to decline. Positions should be opened from key support and resistance levels.<\/p>\n<p class=\"ag-analytics_text\">Today, the publication of important economic releases is not expected.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2020-07-13.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2020-07-13.jpg\" alt=\"EUR\/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 in the positive zone, but below the signal line, which gives a weak signal to buy EUR\/USD.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in the neutral zone, the %K line is below the %D line, which indicates the 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: 1.1300, 1.1260, 1.1220<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.1335, 1.1365<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.1300, EUR\/USD quotes are expected to fall. The movement is tending to 1.1260-1.1240.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be the growth of the EUR\/USD currency pair to 1.1360-1.1380.<\/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: 1.26063<\/li>\n<li class=\"ag-analytics_item\">Open: 1.26203<\/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: 1.25917\u00a0 \u2013 1.26662<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.1466\u00a0 \u2013 1.3516<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">GBP\/USD quotes are in a sideways trend. There is no defined trend. Financial market participants expect additional drivers. The British pound is testing the key support and resistance levels: 1.2580 and 1.2665, respectively. The demand for risky assets has weakened. The GBP\/USD currency pair is tending to decline. Positions should be opened from key levels.<\/p>\n<p class=\"ag-analytics_text\">We recommend paying attention to the speech by the head of the Bank of England.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-07-13.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-07-13.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 in the neutral zone, the %K line is below the %D line, which indicates the 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: 1.2580, 1.2520, 1.2470<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.2665, 1.2700<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.2580, GBP\/USD quotes are expected to correct. The movement is tending to the round level of 1.2500.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be the growth of the GBP\/USD currency pair to 1.2700-1.2720.<\/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: 1.35872<\/li>\n<li class=\"ag-analytics_item\">Open: 1.35851<\/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: 1.35552\u00a0 \u2013 1.36024<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 1.2949\u00a0 \u2013 1.4668<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">There is an ambiguous technical pattern on the USD\/CAD currency pair. The loonie is consolidating. Investors expect additional drivers. The local support and resistance levels are 1.3555 and 1.3585, respectively. 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\">The news feed on Canada&#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\/usdcad-2020-07-13.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2020-07-13.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: the price has crossed 50 MA and 100 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram has been declining, which gives a signal to sell USD\/CAD.<\/p>\n<p class=\"ag-analytics_text\">Stochastic Oscillator is in the neutral zone, the %K line is above the %D line, which indicates the 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: 1.3555, 1.3520, 1.3490<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.3585, 1.3625<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.3585, USD\/CAD quotes are expected to rise. The movement is tending to 1.3620-1.3640.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be a decrease in the USD\/CAD currency pair to 1.3520-1.3500.<\/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: 107.149<\/li>\n<li class=\"ag-analytics_item\">Open: 106.884<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.28<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 106.787\u00a0 \u2013 107.096<\/li>\n<li class=\"ag-analytics_item\">52 wk range: 101.19\u00a0 \u2013 112.41<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">USD\/JPY quotes have become stable. A trading instrument is consolidating. The local support and resistance levels are 106.80 and 107.10, respectively. The technical pattern signals a possible correction of the USD\/JPY currency pair. We recommend paying attention to the dynamics of US government bonds yield. Positions should be opened from key levels.<\/p>\n<p class=\"ag-analytics_text\">The news feed on Japan&#8217;s economy is quite calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2020-07-13.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2020-07-13.jpg\" alt=\"USD\/JPY\" \/> <\/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 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: 106.80, 106.65<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 107.10, 107.35, 107.60<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 106.80, a further drop in USD\/JPY quotes is expected. The movement is tending to 106.50-106.30.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be the growth of the USD\/JPY currency pair to 107.30-107.50.<\/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: 1.12834 Open: 1.13023 % chg. over the last day: +0.15 Day&#8217;s range: 1.13009\u00a0 \u2013 1.13361 52 wk range: 1.0777\u00a0 \u2013 1.1494 The EUR\/USD currency pair is consolidating. The technical pattern is ambiguous. Sentiment in the financial markets continues to deteriorate amid [&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-173565","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173565","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=173565"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173565\/revisions"}],"predecessor-version":[{"id":173566,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173565\/revisions\/173566"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=173565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=173565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=173565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}