Technical analysis for 09.11.2020

Technical analysis for 09.11.2020

09.11.2020

EURUSD

Euro A currency pair against the US dollar has created a consolidation range around 1.1825 and, with the development of production, has been linked to growth to 1.1880. Today, the market is trading in a collapse and this level is up. Consider the probability of an increase of 1.1966. After working out this level, a correction link to 1.1880 (pre-test) is not excluded. Next, let’s look at the probability of developing its uniform growth structure to 1.2040.

Technical analysis for 09.11.2020

GBPUSD

U.S. dollar currency-to-dollar worked to link the rise to 1.3080. The market has created a number of consolidations around it and with production up suggests to consider the likelihood of another wave of growth to 1.3238. After working out this level, consider the probability of correction to 1.3080 (pre-test). It is then possible to develop a different growth structure up to 1.3307.

Technical analysis for 09.11.2020

USDRUB

THE CURRENCY PAIR OF THE US DOLLAR TO THE RUSSIAN RUBLE has worked out the structure of the next wave of decline to 77.00. Today, the link with correction 78.18 is not excluded. Once this level has been reached, the probability of a continuation of the wave of decline to 76.26 should be taken into account.

Technical analysis for 09.11.2020

USDJPY

THE CURRENCY PAIR OF THE US DOLLAR TO THE JAPANESE YEN has developed another pattern of downward tide to 103.18. At the moment, the market is creating a series of consolidations over it. With output does not exclude the correction link to 103,90. With our path down, we expect to reach 102.77 with a 102.50 prospect.

Technical analysis for 09.11.2020 101.000 USDCHF

US dollar-to-Swiss franc currency pair is traded at 0.8968. Once it has been developed, it is not excluded to link the correction to 0.9020 (at least). Once completed, we will consider the probability of falling to 0.8955.

Technical analysis for 09.11.2020

AUDUSD

The Australian dollar against the US dollar is trading in a narrow consolidation range around 0.7266. At the exit from it should take into account the probability of an increase to 0.7333. Next, we expect a correction link to 0.7160 9 (pre-test).

Technical analysis for 09.11.2020

BRENT

Oil was down to 39.60. The market is currently under pressure to rise to 41.41. With this level broken down, it will open up growth potential to 42.72. Once this level has been worked out, the probability of adjustment to 39.50 should be taken into account.

Technical analysis for 09.11.2020

GOLD

Gold is traded above 1946.15. Extending the scope to 1964.04 is not excluded. Next, consider the probability of starting a correction to the level of 1918.88. Once completed, we will consider the likelihood of developing a different growth structure by 1979.06.

Technical analysis for 09.11.2020

Bitcoin

Bitcoin market worked correction link to 14250 level and today met another growth link to 15300. At the moment, the market is creating a series of consolidations around this level. With its exit, growth will open until 16200.

Technical analysis for 09.11.2020

S’P 500

Stock Index has created a consolidation range above 3461.5 and today broke it. Consider the probability of an increase to 3596.4. In addition, it is not excluded to link the correction to 3460.0. When completed, the development of another growth structure to 3685.8 is not excluded.

Technical analysis for 09.11.2020Ind.) 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.