Technical analysis for 04.12.2020

04.12.2020 EURUSD Euro Currency pair to US dollar has created a consolidation range around the level of 1.2107 and has worked with the division of expansion potential to 1.2172. Today, the market fell to 1.2131 and correction to 1.2152. We expect the scope of consolidation to develop at these summits. With their release, it will open up the potential to reach the level of 1.2070. The goal is the first.

technical analysis for 04.12.2020

GBPUSD The currency pound to the US dollar has built a growth structure to 1.3375 and formed a consolidation range around it. With his exit, the goal was set at 1.3477. Today, the market fell to 1.3437 and the correction to 1.3464. We expect the reduction structure to grow to 1.3380. The goal is the first.

technical analysis for 04.12.2020

USDRUB US dollar to Russian ruble worked the first wave of decline with overlap of 74.31. Today, we expect to create a scope for consolidation at current lows. As we move upwards, we will consider the start of the correction to 77.70. technical analysis for 04.12.2020 101.000 USDJPY THE CURRENCY PAIR OF THE US DOLLAR TO THE JAPANESE YEN has made a downward decline structure to the lower end of the consolidation range. Today we expect growth to be paired with 104.00 (bottom test). Next, let’s look at the probability of a reduction to 103.60. And with the division of this level down will open the potential to reach 103.30. The target is local. />technical analysis for 04.12.2020 USDCHF THE CURRENCY PAIR OF THE US DOLLAR TO THE SWISS FRANC HAS MET THE FALL WAVE TARGET WITH A LID OF 0.8893. Today, we expect to create a scope for consolidation at current lows. With its output, we will consider the beginning of the growth wave to 0.8971. The goal is the first.

technical analysis for 04.12.2020

AUDUSD US dollar to 0.7447. Today, the market remains in a downward trend to 0.7391. After working out this level, we expect a correction link to 0.7418. At these levels, we expect to create a scope for consolidation. With the exit from it, the potential for a wave of decline to the level of 0.7340 will open.

technical analysis for 04.12.2020

BRENT Oil rose another wave of growth to 49.59. We expect to create a scope for consolidation at current highs. Starting from this, we expect the beginning of the development of a wave of declines to 48.40. The goal is the first.

technical analysis for 04.12.2020

GOLD Gold was down 1827.60. Today we consider the structure of the growth wave to 1853.95 with the prospect of reaching 1857.70. Once it has developed, we expect the scope of consolidation to develop at these summits. With the way out of it, the potential to drop to 1810.70 will open.

technical analysis for 04.12.2020

Bitcoin Bitcoin market today is trading in terms of consolidation around 19400 level. With the exit from it should take into account the probability of “throwing out” the price by 20,000. From the road down it is possible to reject until 18200. Next – rise to 18800.

technical analysis for 04.12.2020

S’P 500 Stock Index extended the consolidation range to 3683.8 and followed a downward trend to 3657.2. The scope of consolidation is practically continuing. With its exit, we expect the growth wave to continue to reach 3730.7. With the change of direction, it is not excluded that the correction to 3600,6. technical analysis for 04.12.2020Ind.) 101,000 Financial Market Forecasts are private opinions of the authors. The current analysis is not a guide to trade. RoboForex is not responsible for the results of the work that may occur when using the trading recommendations of the presented reviews.

close