Technical analysis for 17.11.2020

17.11.2020 EURUSD euro Currency pair against the US dollar worked a wave of growth to 1.1866 and corrected to 1.1815. Today, the market remains in the structure of the next wave of growth to 1.1880. After its development, we expect a drop to 1.1815. For these levels, consider the probability of a new consolidation range. With its exit, it will open up growth potential to 1.1930. A further correction to 1.1740 is not excluded from the way down.

technical analysis for 17.11.2020

GBPUSD U.S. dollar rose to 1.3241 and adjusted to 1.3174. Currently, the market maintains a growth structure of up to 1.3300. The target is local. After its development, we expect a corrective connection to 1.3242 (pre-test). Then there is the increase to 1.3360.

technical analysis for 17.11.2020

USDRUB US dollar currency pair against the Russian ruble has worked a wave of decline to 76.32. Today we will consider the probability of correction by 77.00. Once completed, we expect the next wave of decline to start at 75.44 with the prospect of reaching 75.00.

technical analysis for 17.11.2020

USDJPY Japanese yen was trading at 104.00. The target is local. Then we expect a correction to 104.55 (test from below). Then – drop to 103.50.

technical analysis for 17.11.2020

USDCHF US dollar currency pair to Swiss franc to 0.9100 and correction to 0.9148. Today, the market is trading at a further wave of declines to 0.9100. And with its breakout down it will open up the potential to drop to .9068.

technical analysis for 17.11.2020

AUDUSD US dollar to 0.7315. Today, the market is creating a series of consolidations around it. Consider the probability of an increase to 0.7314. With the development of production, growth potential will open up to 0.7361. From the way down, a correction to the level of 0.7267 is not excluded.

technical analysis for 17.11.2020

BRENT Oil down 44.00 points consolidation. We expect a new level of growth of 45.50. After working out this level, the correction link is not excluded by 44.00 (pre-test). Next, let’s look at the probability of a further increase to 48.50.

technical analysis for 17.11.2020

GOLD Gold has worked a correction link to 1875.00. At the moment the market is trading in a growth structure until 1903.00. After working out this level, we expect the connection to drop to 1875.00. And with the division of this level, it is necessary to take into account the probability of a decrease to 1840.00. technical analysis for 17.11.2020 101,000 Bitcoin Bitcoin market worked growth link to 16300 level. At its outbreak, a form of constant growth was formed. At the moment, the market has met the local growth wave target – 16800. Today, let us consider the likelihood of consolidation in this area. With the exit from it down is not excluded link 16300 (upper test). Then you can rise to the level of 16950.

technical analysis for 17.11.2020

S’P 500 The stock index broke 3587.1 and rose to 3637.0. At the moment, the market is trading under it in terms of consolidation. Dropping to level 3587.0 (pre-test) is not excluded. Next, consider the probability of another wave of growth to 3655.6. technical analysis for 17.11.2020Ind.) 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.

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