09/20/2020

Silent Master Forex robot


Forex Technical Analysis & Forecast 20/02/2020

EURUSD, “Euro vs US Dollar”

EURUSD pair updated the minimum at the level of 1.0781 and returned to the level of 1.0814. The market forms a consolidation range around the level of 1.0797. With the breaking of the level of 1.0815, the upside potential will open to 1.0828. With the breaking of 1.0780 down, a decline to the level of 1.0755 is possible.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD continues a wave of decline to the level of 1.2868. After its achievement, a correction to 1.2947 is possible. And then – the continuation of the trend to the level of 1.2828.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF pair worked out a correction to the level of 0.9822. Today the market is trading up and 0.9855 seems to be possible to reach. And with the breaking of this level upward, the continuation of movement to 0.9888 is possible.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is consolidating around the level of 111.35. Probably fall to the level of 111.11. And with the breaking of this level down, the potential of movement to the level of 110.70 will appear.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD broke through the consolidation range down and is now trading near the level of 0.6640. Further correction to the level of 0.6660 is possible. And after that a decline to 0.6622 is expected.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB continues to trade in the consolidation range around the level of 63.63. Decline to 63.23 is expected. And with the breaking of this level down, the potential of movement to the level of 61.85 will be opened.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD has worked out the target of the decline wave – 1.3211. Today a correction to the level of 1.3244 is possible. After that a decline to 1.3161 is expected.

XAUUSD, “Gold vs US Dollar”

Gold is trading around the level of 1606.60. With the exit from this area up, the trend may continue to 1633.60. With the exit downward, correction to the level of 1595.50 is not excluded.

BRENT

Brent is trading in a range of consolidation around the level of 58.98. With the exit from it up, the possibility of working out the level of 60.60 will be considered. After that a correction to the level of 58.50 is possible.

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD worked out a decline to the level of 9588.00. It is possible to form a consolidation range around this level. With the breakdown of the lower border of the range, a trend is expected to continue to the level of 8900.00.

Attention!

Forecasts should not be considered as guidance for trading.