09/19/2020

Silent Master Forex robot


Forex Technical Analysis & Forecast 11.02.2020

EURUSD, “Euro vs US Dollar”

After the completion of the downward wave at 1.0909, EURUSD forms a narrow range of consolidation around it. Perhaps, the pair can update the level of 1.0905, and then start climbing to 1.0922. After that the instrument can break 1.0925 upward and start another correction with the target of 1.0960.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD forms a consolidation range around level of 1.2904. Today the pair can reach 1.2883 and then start a new growth to return to 1.2904. Later the market may resume trading down with a short-term target at 1.2861.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is consolidating near the level of 0.9760. Perhaps, today the pair can bounce off the upper border and begin a new downward movement in the direction of 0.9729, and then begin a new growth with the target of 0.9829.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is correcting in the direction of 109.90. Perhaps, the pair can reach this level, and then start another decline, reaching 109.70. If later the price goes down, the target to cjnsider will be the level of 109.25; if up – then the level is 110.22.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD completed the correction to 0.6707. Perhaps, today the pair can resume trading down to the level of 0.6684, and then continue to fall with the target of 0.6658.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is consolidating around 64.06. Perhaps the pair can expand the range to 64.40, and then start a new decline with a target of 63.55.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is still consolidating above 1.3287. The pair is likely to continue to trade higher with the target at 1.3348. However, if the price breaks down the level of 1.3285, the instrument may start a new correction to reach the level of 1.3235, and then resume growth in the direction of 1.3348.

XAUUSD, “Gold vs US Dollar”

Gold is consolidating around 1566.92. Now it is moving in the center of the range. Perhaps, the pair may grow to a breakdown of 1574.00, and then continue to trade up with the target of 1581.50.

BRENT

After the downward wave completed to 53.97 and the formation of a new range of consolidation around this level, Brent broke it down and reached 52.90. Now the instrument is returning to 53.97 to check it from below. Later the market may resume trading down with the target of 52.50.

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD completed the upward movement at 10166.00, thus almost reaching the short-term growth target. Now it is adjusted to 9655.00. Perhaps, the pair can break through this level and continue the correction in the direction of 9200.00. Later the market may form another upward movement with the target at 10250.00.

Attention!

Forecasts should not be considered as guidance for trading.