Technical analysis for 12.11.2020
12.11.2020 10100 EURUSD
The euro against the US dollar rebounded from 1.1830 and produced another link to the fall to 1.1760. Today, let’s look at the probability of a test from the bottom of the level of 1.1800. Then you can reduce to 1.1737. Then – rise to 1.1800. If it disintegrates, it will open up growth potential to 1.1900.
Pound currency pair to US dollar is traded under pressure to fall to 1.3183. Then we expect a combination of growth to 1.3246. The likelihood of a development of the scope of consolidation at these levels is almost taken into account. After leaving, we expect it to rise to 1.3333. As the road goes down it will open up the potential for a drop to 1.3000.
US dollar currency pair to Russian ruble is traded under upward pressure. Today we will consider the probability of reaching the level of 77.30. Then – drop to 76.70. We then expect it to rise to 77.70.
Japanese dollar currency pair to Japanese yen still forms a consolidation range around 105.30. Today we expect a drop to the lower end of the range – 104.97. If this level collapses down, the possibility of reducing to 104.40 will open up.
US dollar-to-Swiss franc currency pair continues to form a consolidation range around 0.9141. Today we expect a drop to 0.9112. This does not exclude price increases to 0.9150. You can then reduce it to 0.9048.
US dollar versus US dollar continues to expand its consolidation range around 0.7292. The reduction compound to 0.7245 is not excluded. Next, let’s look at the probability of an increase to 0.7292. If it disintegrates, the growth potential will open up to 0.7333. If you split 0.7245 down, you can adjust to 0.7175.
Oil exceeded 43.80 and continues to expand over it. Today, it is not excluded to return up to 43.80 (pre-test). Next, let’s look at the probability of rising to 47.65. The target is local.
Gold continues to trade for consolidation around 1870.30. Today, a drop to 1850.50 cannot be ruled out. Next, we expect growth to be paired with 1930 levels. Then consider the probability of falling to 1840.10.
Bitcoin market continues to expand the scope of consolidation around the level of 15600. Its expansion to 15350 is not excluded. Then consider the probability of rising to 16200. This will be the end of the growth wave potential. Then we expect the beginning of the wave to drop to 14700.
Stock Index corrected the link to 3585.1. Today we expect the development of another reduction structure to 3466.7. After training, the probability of an increase to 3585.1 (lower test).
Ind.) 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.