Technical analysis for 23.11.2020

23.11.2020

EURUSD

euro currency pair to US dollar creates a consolidation range above 1.1850. With a split of 1.1880, it will open up growth potential to 1.1900 with a forecast of 1.1950. With the level of 1.1850 down, the correction potential will open up to 1.1815. Then – increase to 1.1950.

Technical analysis for 23.11.2020

GBPUSD

Pound currency to US dollar continues to trade under upward pressure. Today, the market is trying to break the level of 1.3330 up. If successful, the growth potential will open to 1.3345 with a view to reaching 1.3360. After its development, we expect to start the correction to 1.3240.

Technical analysis for 23.11.2020

USDRUB

US dollar currency pair to Russian rouble is traded in a structure falling to 75.00. After that, a correction link to 75.60 is not excluded. Then we expect a drop to 74.50. Once this level has been worked out, the probability of starting a correction to 77.70 should be taken into account.

Technical analysis for 23.11.2020

USDJPY

Japanese dollar currency pair to Japanese yen continues to expand its consolidation range above 103.70. Today we will consider the probability of a drop to 103.30. Subsequently, the link between growth and 103.70 is not excluded. Then we expect the trend to continue to 102.50.

Technical analysis for 23.11.2020

USDCHF

US dollar-to-Swiss franc currency pair is trading in the consolidation range above 0.9099. With its breakout down it will open up the potential to drop to .9077. Then an increase to 0.9099 is not excluded. Next, we expect the development of another reduction structure to 0.9060.

Technical analysis for 23.11.2020

AUDUSD

US dollar creates a consolidation range around 0.7292. It is not excluded to expand to 0.7330. Next, let’s look at the probability of a drop to 0.7292. If you split this level down, you will be able to adjust to 0.7244.

Technical analysis for 23.11.2020

BRENT

Oil has formed a consolidation range around 44.30 and has emerged from it. The growth potential is open at 45.55. Once this level has been worked out, the correction is not excluded until 44.30. Next, consider the probability of starting the next wave of growth to 48.50.

Technical analysis for 23.11.2020

GOLD

Gold was up 1874.30. Today, the market continues to develop the scope of consolidation under it. We expect a drop to 1863.50. And with this level broken down it will open up the potential to drop to 1849.74.

Technical analysis for 23.11.2020

Bitcoin

Bitcoin market has made a wave of growth to 18880. Today we will consider the probability of a correction to the level of 17600. The goal is the first. After that, we expect to link growth to 18250. For these levels, consider the probability of a consolidation scope. With the exit from it down, consider the probability of continuing the correction to the level of 16600. The target is local.

Technical analysis for 23.11.2020

S’P 500

The stock market index continues to develop a downward tide to 3531.1. After its development, we expect growth to 3586.8. In this way, the market will create a new scope for consolidation. With its exit, it will open up growth potential to 3650.0. Taking into account the likelihood of a continuation of the correction to 3450.0.

Technical analysis for 23.11.2020Ind.) 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.