09/20/2020

Silent Master Forex robot


Forex Technical Analysis & Forecast 12.02.2020

EURUSD, “Euro vs US Dollar”

EURUSD has fixed in the region of 1.0915 level. If later the pair moves up, the target will be the level of 1.0955. If down, the target will be to test 1.0891 again.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD formed a consolidation range around 1.2940. Now the instrument is trading up. Perhaps, the pair can break through the range up to 1.2988. But most likely the price will move down with the target at 1.2855.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF broke down the level of 0.9760. Perhaps, the pair may correct towards 0.9728, and then start a new growth to break through 0.9788. After that the instrument can continue to trade upward with the target at 0.9829.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY forms a narrow consolidating range near the level of 109.71. If later the price breaks this range to the downward level of 109.60, the instrument may start a new correction with the target at 109.25. If it breaks the level of 109.90 up – form another ascending structure in the direction of 110.22.

AUDUSD, “Australian Dollar vs US Dollar”

After the formation of the next consolidation range, about 0.6707, AUDUSD broke it up. Today the pair can continue to trade up, reaching the level of 0.6745, and then start a new downward movement with the target of 0.6707.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB completed the downward momentum to 63.25. Perhaps, today the pair can correct to 63.80, and then start a new decline with a short-term target at 62.70.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is moving down. Perhaps, the pair may reach 1.3233 and then resume trading upward with the target at 1.3288, forming a new range of consolidation. If later the price breaks this range downward, the instrument may start a new correction in the direction of 1.3155; if up – form another ascending structure to reach 1.3345.

XAUUSD, “Gold vs US Dollar”

Gold is still consolidating around 1567.90. Today the pair may fall to 1558.45 and then resume trading up to return to 1567.90.

BRENT

Brent is moving up. Perhaps, the pair may reach the level of 55.15, and then begin a new downward movement in the direction of 54.10. If later the price drops and breaks 53.90, the instrument may continue to fall with the target at 52.50. If it grows and breaks through the level of 55.20 – form another ascending structure to reach 56.45.

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD completed the upward structure at 10300.00, thus almost reaching the short-term growth target. According to the main scenario, the pair is expected to fall and break through the level of 9800.00, and then continue to correct with the target of at least 8500.00.

Attention!

Forecasts should not be considered as guidance for trading.