September 27, 2020

Technical analysis on EURUSD, XAUUSD and BTCUSD

Good afternoon dear friends!

Today I have prepared several forecasts for you on such trading Instruments like EURUSD, XAUUSD and BTCUSD.

EURUSD

</strong>Well, let's start with the euro.

I believe that the time has not yet come for buying the euro.

The trend continues to fall. Nearby is a strong resistance line and until we break it, it makes no sense to look for purchases.

I expect a false break through the level of 1.1 and the achievement of the resistance line, after which the price will fall to the support level of 1.0905.

Technical analysis on EURUSD, XAUUSD and BTCUSD

XAUUSD

</strong>As for gold, now the price is atsupport level 1487. But it bothers me that there was a false breakdown of the important resistance line and resistance level 1510. And this may give XAUUSD strength to go further.

Nevertheless, I believe that the price will rise again to the level of 1510, before the fall.

Technical analysis on EURUSD, XAUUSD and BTCUSD

BTCUSD

</strong>And finally, bitcoin against the US dollar.

I am inclined to believe that the breakdown of the strong resistance level of 8250 was false.

The price has reached a small resistance line, and I expect that from it there will be a fall to the support level of 7940.

Technical analysis on EURUSD, XAUUSD and BTCUSD

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And for today, dear friends, that’s it!

Good trading and profit to all!