{"id":173636,"date":"2020-07-14T08:45:42","date_gmt":"2020-07-14T12:45:42","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173636"},"modified":"2020-07-14T08:39:44","modified_gmt":"2020-07-14T12:39:44","slug":"the-analytical-overview-of-the-main-currency-pairs-on-2020-07-14","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/the-analytical-overview-of-the-main-currency-pairs-on-2020-07-14\/","title":{"rendered":"The Analytical Overview of the Main Currency Pairs on 2020.07.14"},"content":{"rendered":"<div id=\"inves-1975725199\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">July 14, 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: 1.13023<\/li>\n<li class=\"ag-analytics_item\">Open: 1.13416<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.29<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.13253 \u2013 1.13503<\/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 technical pattern is still ambiguous on the EUR\/USD currency pair. A trading instrument is consolidating. Investors expect additional drivers. The second wave of the COVID-19 epidemic remains in the spotlight. Governor of California, Gavin Newsom, imposed new statewide restrictions due to a sharp increase in the number of people infected with coronavirus. At the moment, the key range is 1.1325-1.1370. We expect important economic releases from Germany and the US. Positions should be opened from key levels.<\/p>\n<div class=\"ag-analytics_title\">The news feed on 2020.07.14:<\/div>\n<ul class=\"ag-analytics_list\">\n<li class=\"ag-analytics_item\">&#8211; German ZEW economic sentiment index at 12:00 (GMT+3:00);<\/li>\n<li class=\"ag-analytics_item\">&#8211; US inflation report at 15:30 (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-2020-07-14.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/eurusd-2020-07-14.jpg\" alt=\"EUR\/USD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: the price is testing 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 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: 1.1325, 1.1300, 1.1260<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.1370, 1.1400<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.1325, EUR\/USD quotes are expected to fall. The movement is tending to 1.1300-1.1270.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be the growth of the EUR\/USD currency pair to 1.1400-1.1420.<\/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: 1.26203<\/li>\n<li class=\"ag-analytics_item\">Open: 1.25539<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: -0.57<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.25063 \u2013 1.25609<\/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 have been declining. During yesterday&#8217;s and today&#8217;s trading sessions, the British pound has lost more than 100 points against the greenback. At the moment, the GBP\/USD currency pair is testing the support level of 1.2510. The 1.2555 mark is the nearest resistance. A trading instrument has the potential for further decline. Great Britain published a weak report on the country&#8217;s GDP. Positions should be opened from key levels.<\/p>\n<p class=\"ag-analytics_text\">We recommend paying attention to economic releases from the US.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-07-14.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/gbpusd-2020-07-14.jpg\" alt=\"GBP\/USD\" \/> <\/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: 1.2510, 1.2470, 1.2440<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.2555, 1.2580, 1.2620<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes below 1.2510, a further fall in GBP\/USD quotes is expected. The movement is tending to 1.2470-1.2440.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be the growth of the GBP\/USD currency pair to 1.2580-1.2620.<\/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: 1.35851<\/li>\n<li class=\"ag-analytics_item\">Open: 1.36079<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.08<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 1.35931 \u2013 1.36463<\/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\">Purchases prevail on the USD\/CAD currency pair. The trading instrument has updated local highs. USD\/CAD quotes found resistance at 1.3645. The 1.3610 mark is already a \u201cmirror\u201d support. The continuation of the upward trend is possible. 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-2020-07-14.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdcad-2020-07-14.jpg\" alt=\"USD\/CAD\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators signal the power of buyers: the price has fixed above 50 MA and 100 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the positive zone, indicating the bullish sentiment.<\/p>\n<p class=\"ag-analytics_text\">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: 1.3610, 1.3580, 1.3545<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 1.3645, 1.3700<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 1.3645, further growth of the USD\/CAD quotes is expected. The movement is tending to the round level of 1.3700.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be a decrease in the USD\/CAD currency pair to 1.3585-1.3560.<\/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: 106.884<\/li>\n<li class=\"ag-analytics_item\">Open: 107.238<\/li>\n<li class=\"ag-analytics_item\">% chg. over the last day: +0.34<\/li>\n<li class=\"ag-analytics_item\">Day&#8217;s range: 107.116 \u2013 107.366<\/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 been growing. The trading instrument has updated local highs. At the moment, the USD\/JPY currency pair is testing the following support and resistance levels: 107.10 and 107.35, respectively. The technical pattern signals a further increase in USD\/JPY quotes. We recommend pay\u0448\u0442\u043f 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 calm.<\/p>\n<figure class=\"ag-analytics_img-box\"><a class=\"lightbox\" href=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2020-07-14.jpg\" rel=\"chapter\"> <img decoding=\"async\" class=\"ag-analytics_img\" src=\"https:\/\/justforex.com\/uploads\/category-analytics-page\/daily-forecast\/usdjpy-2020-07-14.jpg\" alt=\"USD\/JPY\" \/> <\/a><\/figure>\n<p class=\"ag-analytics_text\">Indicators do not give accurate signals: the price has crossed 100 MA.<\/p>\n<p class=\"ag-analytics_text\">The MACD histogram is in the positive zone, indicating the 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: 107.10, 106.95, 106.80<\/li>\n<li class=\"ag-analytics_item\">Resistance levels: 107.35, 107.60, 107.75<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">If the price fixes above 107.35, further growth of the USD\/JPY quotes is expected. The movement is tending to 107.60-107.80.<\/p>\n<p class=\"ag-analytics_text\">An alternative could be a decrease in the USD\/JPY currency pair to 106.90-106.70.<\/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: 1.13023 Open: 1.13416 % chg. over the last day: +0.29 Day&#8217;s range: 1.13253 \u2013 1.13503 52 wk range: 1.0777\u00a0 \u2013 1.1494 The technical pattern is still ambiguous on the EUR\/USD currency pair. A trading instrument is consolidating. Investors expect additional drivers. [&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-173636","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173636","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=173636"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173636\/revisions"}],"predecessor-version":[{"id":173637,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173636\/revisions\/173637"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=173636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=173636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=173636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}