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Main » 2018 » November » 20 » Forex forecast for today 20/11/2018: Trading ranges earlier
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Forex forecast for today 20/11/2018: Trading ranges earlier

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Market volatility, with the exception of crypto, remains low. The US dollar held near the local minima, but no serious fluctuations. Economic statistics today is secondary. 

EURUSD - the pair went up to 1.1450-60. Sales growth was stopped, but the decline is not observed, and attempts to reach 1.1500 can not be ruled out.Range of 1.1430-1.1480.

 

 

 

 

GBPUSD - the pair stopped between 1.2830 and 1.2880 in anticipation of news on Brexit. 

USDJPY - the pressure is maintained, the range of 112.30-112.80. 

EURCHF - range 1.1350-1.1400 today will cover all variations. 

AUDUSD - today 0.7270-0.7300 range, activity is low. 

USDCAD - remain range 1.3150-1.3200. 

Gold - Today the range of 1220-1225, there are risks to growth in 1230, but overall activity remains low. 

Brent crude oil - will continue today range 66-67. 

USDRUB - Russian currency strengthened slowly in the absence of a negative. Today the range of 65.40-65.80, have a chance to decline towards 65.00-20.

BTCUSD - kriptorynkov collapse continues. Bitcoin fell below 5000, sales increase. Today it is possible to assume a range of 4600-4900, but a new wave of sales is quite able to send the first cryptocurrency to 4500 or lower. Specific reason for the growth is not yet marked.

 

Analyst Vasily Barsukov WELTRADE

 

 

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