Get No Deposit Bonus

Forex Technical Analysis & Forecast 29.11.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

29 november 2019 - Fx4News

EURUSD, “Euro vs US Dollar”

EURUSD is still consolidating around 1.1000. Possibly, today the pair may expand the range towards 1.1018 and then return to 1.1000. After breaking this level to the downside, the instrument may continue trading inside the downtrend with the short-term target at 1.0984.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD is consolidating around 1.2909. Today, the pair may form one more ascending structure to reach 1.2920 and then start a new decline towards 1.2889.

GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is consolidating around 0.9988. Possibly, the pair may form a new descending structure towards 0.9974 and then resume growing to return to 0.9988. If later the price breaks this range to the downside, the market may continue the correction with the target at 0.9932.

USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is still consolidating around 109.44. Possibly, today the pair may fall to break 109.32 and then start a new correction with the short-term target at 109.05.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is consolidating above 0.6760. If the price breaks the descending channel at 0.6780, the market may start a new correction with the first target at 0.6792.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has reached its upside target; right now, it is correcting towards 63.89. After that, the instrument may form one more ascending structure to reach 64.04 and then continue trading inside the downtrend with the short-term target at 63.61.

USDRUB
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is still consolidating above 1.3276. Possibly, today the pair may break this level to the downside and continue trading inside the downtrend with the short-term target at 1.3254.

USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

Gold is consolidating below 1458.15. Today, the pair may choose an alternative scenario to break this level to the upside and start a new correction towards 1462.50. However, the main scenario implies that the price may continue falling with the target at 1444.00.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Brent continues consolidating below 63.77. Today, the pair may fall to reach 63.16 and then start another growth towards 64.40. If later the price breaks this level to the upside, the market may continue trading inside the uptrend with the short-term target at 65.50.

BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD is consolidating around 7487.00. Possibly, today the pair may continue the correction towards 7333.00 and then start a new growth to break 7645.00ю Later, the market may continue trading upwards with the short-term target at 7980.00.

BITCOIN
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Forex analitiks

<a data-cke-saved-href="https://www.instaforex.org/" href="https://www.instaforex.org/">Forex Portal</a>