Forexpamm

Technical analysis for 15.10.2020

15.10.2020 EURUSD euro Currency pair against the US dollar worked a wave of correction to 1.1765. Today, the market is down to 1.1730. Creating a consolidation range around 1.1744 is practically taken into account. With the way out of it, the potential to drop to 1.1698 will open. The goal is the first. If raised, we will consider the probability of a continuation of the correction to 1.1790. Then – drop to 1.1690.

GBPUSD The pound of currency pair to the US dollar has made a wave of rise to 1.2960. The market almost broke through the channel of the wave of declines and after the failure created a series of consolidations. With the exit of it worked measured movement to the level of 1.3060. Today, the market is creating another scope of consolidation under it. We expect its production to fall to 1.2960, which is a pre-test. Then – increase to 1.3010.

USDRUB US dollar to Russian ruble broke the level of 77.24 with the form of continuous growth. Today, consider the probability of working out 77.80. This whole growth structure is seen as a correction of the recent wave of decline. At the end of the day, we expect it to drop to 77.00. And with its breakout down it will open up the potential to drop to 76.40 with the prospect of stretching the structure to 76.10. The goal is the first.

USDJPY US dollar currency pair to Japanese yen made a wave of 105.00. Currently, the market maintains a growth structure of 105.50. Once it’s worked out, consider the probability of creating a consolidation scope for those levels. As the road goes down, it will open up the potential for a drop to 104.40. The target is local.

USDCHF US dollar-to-Swiss franc currency pair revised to 0.9127. At the moment, the market is creating a number of consolidations around it. We expect the next level of growth to rise to 0.9170. The goal is the first. Once worked out, consider the probability of starting a correction to 0.9127.

AUDUSD US dollar to continue trading in the next wave structure to 0.7105. Once worked out, consider the probability of a correction to 0.7150. You can then continue the trend to 0.7052. The goal is the first.

BRENT Oil has formed a consolidation range around 42.60 and smashed it. The measured growth rate to 43.60 has been worked out. The market is currently below this level, creating a new scope for consolidation. With its exit, the growth potential will open at 44.22. From the way down, the development of another structure of decline to 42.60 is not excluded.

GOLD Gold has made a combination of rising to 1905.00 and is currently trading in a structured decline to 1891.10. After reaching this level, we expect an increase of 1901.50. Practically, the market creates a wide range of consolidation at 1905.00. The main scenario is considered to fall to 1877.40. The goal is the first.

Bitcoin Bitcoin market continues to expand the scope of consolidation around the level of 11400. The main scenario for today will consider the probability of a drop to 11111. Then it is possible to adjust to level 11400, the test from below. Then we expect it to drop to 10900.

S’P 500 The stock index broke 3500.0 down and continued to develop a wave of decline to 3470.0. The target is local. Once it’s growing, we expect growth to be paired with 3,500.2, a test from below. Next, let’s look at the probability of a drop to 3457.7 (at least). 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.