Silent Master Forex robot

Forex Technical Analysis & Forecast 12.03.2020

EURUSD, “Euro vs US Dollar”

EURUSD is consolidating within the channel between the levels of 1.1280 and 1.1325. Today there are all the prerequisites for breaking of this channel down – 1.1245 and 1.1205 will become target levels. In case of breaking through the upper border of the channel, 1.1350 and 1.1375 can become targets.

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD with support of fundamental factors broke through all target levels below and stopped at 1.2800. Today a continuation of downward movement is possible to levels 1.2765 and 1.2725. In case of correction upwards, the targets may become 1.2855 and 1.2895.

USDCHF, “US Dollar vs Swiss Franc”

Swiss franc is being traded in a wide range between the levels of 0.9320 and 0.9400. Today movement is expected to continue within this range with delays near 0.9355 and 0.9375. In case of breaking down through the level of 0.9320, the closest targets may be the levels of 0.9300 and 0.9260.

USDJPY, “US Dollar vs Japanese Yen”

USDJPY demonstrates good volatility, but the full continuation of the downtrend is still constrained by the level of 103.05. If this level is passed, then the potential of movement to the levels 102.60 and 102.10 will be opened. The nearest targets at the top today will be 104.20 and 104.75.

AUDUSD, “Australian Dollar vs US Dollar”

Australian dollar is confidently moving towards a strong support level of 0.6435, but the level of 0.6450 is holding it back for now. In case of continue moving down through the level of 0.6435, the following targets will be opened below – 0.6405 and 0.6380. If the “bearish” potential is not enough, then the possible targets at the top are 0.6493 and 0.6523.

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is still showing growth potential due to the “oil confrontation 2020”. There are all prerequisites to expect growth today to the levels of 72.70 and 73.30. In case of a downward correction, targets may be levels 71.75 and 71.10.

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD continues to update highs – it reached the level of 1.3820, after which there was a rollback below 1.3800. Today we will focus on the level of 1.3800. In case of continued growth, yesterday’s maximum of 1.3820 and further – 1.3850 will become possible targets. If the trading goes below the level of 1.3800, then the target levels will be 1.3765 and 1.3730.

XAUUSD, “Gold vs US Dollar”

Gold is moving down to a strong level of 1626.00. Now the instrument is trading above the level of 1631.00, and in case of breakdown, the nearest targets will be 1626.00 and 1618.00. In case of correction upwards, the target levels will be 1641.00 and 1650.00.


Brent continues its downward movement amid fundamental factors. Now the instrument is trading near the level of 33.50, but with the start of European trading there is a high probability of movement to the levels of 32.00 and 31.00. In the case of an upward correction, targets may be levels 34.25 and 35.00.

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD came close to the level of 7528.00. In case of breaking through this level down, the nearest targets will be levels 7330.00 and further – 7175.00. If trading continues above the level of 7528.00, then the possible targets are the levels of 7628.00 and 7734.00.


Forecasts should not be considered as guidance for trading.