09/30/2020

Silent Master Forex robot


Forex Technical Analysis & Forecast 18.02.2020

EURUSD, “Euro vs US Dollar”

EURUSD continues to fall. Perhaps today the pair can reach 1.0800, and then return to 1.0827 to test it from below. After that the instrument can continue to trade as part of a downtrend with the target of 1.0792.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD completed the downward wave at 1.2994. Today the pair may correct to 1.3030, and then start a new decline with the target of 1.2930.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is moving down to reach 0.9800. The main scenario implies that in the future the pair may grow to 0.9813, forming a new range of consolidation between the two levels. After that the instrument can break down the range and begin a new downward movement with the target of 0.9782.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is moving down. Perhaps, the pair may consolidate near the level of 109.69. If later the price breaks this range downward, the instrument may start another decline with a short-term target at 109.45.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is forming another downward wave with the target at 0.6677. After that the instrument can correct to 0.6700, and then resume moving down to reach 0.6665.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is consolidating above 63.33. Perhaps, the pair may rise to the upper border at 63.77, and then fall to 62.92. After that the instrument can break the range down and continue trading within the downtrend with a short-term target at 61.85.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is consolidating around 1.3251. Today the pair may rise to 1.3275 and then fall to 1.3232. Later the market can break down the range and start a new downward movement with a short-term target at 1.3180.

XAUUSD, “Gold vs US Dollar”

Gold continues to move down. Perhaps, the pair may reach 1587.93 and then continue its downward movement with the target at 1574.97.

BRENT

Brent is still consolidating on top. If the price later overcomes the level of 57.70, the instrument may resume trading as part of an uptrend to 59.30. If it drops to 56.70, another correction is possible with a target at 55.05.

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD completed the first correctional wave at 9500.00. Perhaps, today the pair may form another ascending structure to 9950.00 and then continue the correction with the target at 9000.00.

Attention!

Forecasts should not be considered as guidance for trading.