Silent Master Forex robot

Forex Technical Analysis & Forecast 21/02/2020

EURUSD, “Euro vs US Dollar”

After updating the low of 1.0777 and returning to 1.0814, the EURUSD pair broke through 1.0797 again. Now it is consolidating below this level. Perhaps, today the pair can start a new decline, reaching 1.0769. After that the instrument can resume trading in the upward direction to return to 1.0797.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has reached the level of 1.2848. Now the pair is trading to break the downward channel up. Perhaps, the pair may adjust to 1.2925, and then begin a new decline with the target of 1.2825.

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is still consolidating around 0.9834. The main scenario implies that the pair can grow to 0.9851. If later the price breaks this range downward, the instrument may be corrected towards 0.9800. If in the direction of increase – the beginning of a new movement to the level of 0.9860 is expected.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is moving up. Perhaps, the pair can grow to 112.44. Later the market may begin another decline with a target at 111.11.

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD completed the downward wave at 0.6600. Now the pair is consolidating near the lows. Today the pair can grow to 0.6626, and then continue the correction to 0.6684.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is moving up to the level of 64.50. After that the instrument can resume trading within the downtrend with the first target at 63.68.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD today may rise to the level of 1.3286, and then form a new downward movement to reach the level of 1.3203. Later the market may resume trading up with a target at 1.3245.

XAUUSD, “Gold vs US Dollar”

Gold is moving up. The instrument has already broken through the level of 1625.98. Perhaps, the pair may fall to the level of 1613.45, and then form another upward movement with the target at 1633.58.


Brent completed the upward movement at 59.99. Now the instrument is being corrected in the direction of 58.50. After that it is possible to resume trading inside the uptrend with a target at 60.60.

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD is consolidating around 9588.00. Perhaps, today the pair can be corrected to the level of 9790.00, and then start a new decline to break through 9315.00. Later the market may continue to trade down with a short-term target at 8900.00.


Forecasts should not be considered as guidance for trading.