Technical Analysis & Forecast November 10, 2023
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/06/TA_2-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Technical Analysis & Forecast" decoding="async" style="margin-bottom: 15px;" loading="lazy" /></div><p>The S&P 500 index is on a downward trend, and we also examine the dynamics of <a href="https://roboforex.com/beginners/info/charts/forex/eurusd/" data-internallinksmanager029f6b8e52c="35" title="EUR/USD">EUR</a>, <a href="https://roboforex.com/beginners/info/charts/forex/gbpusd/" data-internallinksmanager029f6b8e52c="36" title="GBP/USD">GBP</a>, <a href="https://roboforex.com/beginners/info/charts/forex/usdjpy/" data-internallinksmanager029f6b8e52c="40" title="USD/JPY">JPY</a>, <a href="https://roboforex.com/beginners/info/charts/forex/usdchf/" data-internallinksmanager029f6b8e52c="39" title="USD/CHF">CHF</a>, <a href="https://roboforex.com/beginners/info/charts/forex/audusd/" data-internallinksmanager029f6b8e52c="33" title="AUD/USD">AUD</a>, Brent, and <a href="https://roboforex.com/beginners/info/charts/metals/xauusd/" data-internallinksmanager029f6b8e52c="43" title="XAU/USD">Gold</a>.</p>
<h2>EUR/USD (Euro vs US Dollar)</h2>
<figure><img decoding="async" loading="lazy" width="1592" height="705" src="https://blog.roboforex.com/wp-content/uploads/2023/11/EURUSDH1-6.png" alt="EUR/USD (Euro vs US Dollar)" class="wp-image-18982" srcset="https://blog.roboforex.com/wp-content/uploads/2023/11/EURUSDH1-6.png 1592w, https://blog.roboforex.com/wp-content/uploads/2023/11/EURUSDH1-6-360×159.png 360w, https://blog.roboforex.com/wp-content/uploads/2023/11/EURUSDH1-6-768×340.png 768w, https://blog.roboforex.com/wp-content/uploads/2023/11/EURUSDH1-6-1536×680.png 1536w" sizes="(max-width: 1592px) 100vw, 1592px" /><figcaption>EUR/USD (Euro vs US Dollar)</figcaption></figure><p>The Euro vs US Dollar has broken the 1.0677 level down and may test this level from below. A decline to 1.0632 and then to 1.0540 is possible.</p>
<h2>GBP/USD (Great Britain Pound vs US Dollar)</h2>
<figure><img decoding="async" loading="lazy" width="1592" height="705" src="https://blog.roboforex.com/wp-content/uploads/2023/11/GBPUSDH1-6.png" alt="GBP/USD (Great Britain Pound vs US Dollar)" class="wp-image-18981" srcset="https://blog.roboforex.com/wp-content/uploads/2023/11/GBPUSDH1-6.png 1592w, https://blog.roboforex.com/wp-content/uploads/2023/11/GBPUSDH1-6-360×159.png 360w, https://blog.roboforex.com/wp-content/uploads/2023/11/GBPUSDH1-6-768×340.png 768w, https://blog.roboforex.com/wp-content/uploads/2023/11/GBPUSDH1-6-1536×680.png 1536w" sizes="(max-width: 1592px) 100vw, 1592px" /><figcaption>GBP/USD (Great Britain Pound vs US Dollar)</figcaption></figure><p>The Great Britain Pound vs US Dollar has broken the 1.2233 level down and may decline to 1.2160 and then to 1.2097.</p>
<h2>USD/JPY (US Dollar vs Japanese Yen)</h2>
<figure><img decoding="async" loading="lazy" width="1592" height="705" src="https://blog.roboforex.com/wp-content/uploads/2023/11/USDJPYH1-6.png" alt="USD/JPY (US Dollar vs Japanese Yen)" class="wp-image-18980" srcset="https://blog.roboforex.com/wp-content/uploads/2023/11/USDJPYH1-6.png 1592w, https://blog.roboforex.com/wp-content/uploads/2023/11/USDJPYH1-6-360×159.png 360w, https://blog.roboforex.com/wp-content/uploads/2023/11/USDJPYH1-6-768×340.png 768w, https://blog.roboforex.com/wp-content/uploads/2023/11/USDJPYH1-6-1536×680.png 1536w" sizes="(max-width: 1592px) 100vw, 1592px" /><figcaption>USD/JPY (US Dollar vs Japanese Yen)</figcaption></figure><p>The US Dollar vs Japanese Yen has broken the 151.00 level upwards and may extend the growth to 151.60 before a correction to 150.90 and then a rise to 152.20.</p>
<div>
<div>
<div>
<p>Discover the <span>R MobileTrader app</span></p>
<p>Get a portable trading workstation on your phone. Click on the button and install the application!</p>
</div>
<div>
<img decoding="async" class="block-banner__image block-banner__image_mobile" src="https://blog.roboforex.com/wp-content/uploads/2023/09/mt-mobile.png" alt="mobiletrader" /></div>
<div>
<a href="https://mobiletrader.onelink.me/MuKg/rfbannerandroid" target="_blank" rel="noopener"><img decoding="async" src="https://blog.roboforex.com/wp-content/themes/robo-blog-2021/images/footer/google-play-en.svg" /></a>
<a href="https://mobiletrader.onelink.me/MuKg/rfbannerios/" target="_blank" rel="noopener"><img decoding="async" src="https://blog.roboforex.com/wp-content/themes/robo-blog-2021/images/footer/app-store-en.svg" /></a>
</div>
</div>
<div>
<img decoding="async" class="block-banner__image block-banner__image_desktop" src="https://blog.roboforex.com/wp-content/uploads/2023/09/mt-desktop.png" alt="mobiletrader" /></div>
</div>
<h2>USD/CHF (US Dollar vs Swiss Franc)</h2>
<figure><img decoding="async" loading="lazy" width="1592" height="705" src="https://blog.roboforex.com/wp-content/uploads/2023/11/USDCHFH1-6.png" alt="USD/CHF (US Dollar vs Swiss Franc)" class="wp-image-18979" srcset="https://blog.roboforex.com/wp-content/uploads/2023/11/USDCHFH1-6.png 1592w, https://blog.roboforex.com/wp-content/uploads/2023/11/USDCHFH1-6-360×159.png 360w, https://blog.roboforex.com/wp-content/uploads/2023/11/USDCHFH1-6-768×340.png 768w, https://blog.roboforex.com/wp-content/uploads/2023/11/USDCHFH1-6-1536×680.png 1536w" sizes="(max-width: 1592px) 100vw, 1592px" /><figcaption>USD/CHF (US Dollar vs Swiss Franc)</figcaption></figure><p>The US Dollar vs Swiss Franc has broken the 0.9022 level upwards, possibly rising to 0.9055 and then to 0.9133 after a correction.</p>
<h2>AUD/USD (Australian Dollar vs US Dollar)</h2>
<figure><img decoding="async" loading="lazy" width="1592" height="705" src="https://blog.roboforex.com/wp-content/uploads/2023/11/AUDUSDH1-6.png" alt="AUD/USD (Australian Dollar vs US Dollar)" class="wp-image-18978" srcset="https://blog.roboforex.com/wp-content/uploads/2023/11/AUDUSDH1-6.png 1592w, https://blog.roboforex.com/wp-content/uploads/2023/11/AUDUSDH1-6-360×159.png 360w, https://blog.roboforex.com/wp-content/uploads/2023/11/AUDUSDH1-6-768×340.png 768w, https://blog.roboforex.com/wp-content/uploads/2023/11/AUDUSDH1-6-1536×680.png 1536w" sizes="(max-width: 1592px) 100vw, 1592px" /><figcaption>AUD/USD (Australian Dollar vs US Dollar)</figcaption></figure><p>The Australian Dollar vs US Dollar has broken the 0.6380 level downwards and may decline to 0.6311 and then to 0.6240.</p>
<h2>BRENT</h2>
<figure><img decoding="async" loading="lazy" width="1592" height="705" src="https://blog.roboforex.com/wp-content/uploads/2023/11/BRENTH1-6.png" alt="BRENT" class="wp-image-18977" srcset="https://blog.roboforex.com/wp-content/uploads/2023/11/BRENTH1-6.png 1592w, https://blog.roboforex.com/wp-content/uploads/2023/11/BRENTH1-6-360×159.png 360w, https://blog.roboforex.com/wp-content/uploads/2023/11/BRENTH1-6-768×340.png 768w, https://blog.roboforex.com/wp-content/uploads/2023/11/BRENTH1-6-1536×680.png 1536w" sizes="(max-width: 1592px) 100vw, 1592px" /><figcaption>BRENT</figcaption></figure><p>Brent has risen to 81.25, correcting to 79.66 and forming a new rising wave to 82.40, potentially continuing to 85.70.</p>
<h2>XAU/USD (Gold vs US Dollar)</h2>
<figure><img decoding="async" loading="lazy" width="1592" height="705" src="https://blog.roboforex.com/wp-content/uploads/2023/11/XAUUSDH4-6.png" alt="XAU/USD (Gold vs US Dollar)" class="wp-image-18976" srcset="https://blog.roboforex.com/wp-content/uploads/2023/11/XAUUSDH4-6.png 1592w, https://blog.roboforex.com/wp-content/uploads/2023/11/XAUUSDH4-6-360×159.png 360w, https://blog.roboforex.com/wp-content/uploads/2023/11/XAUUSDH4-6-768×340.png 768w, https://blog.roboforex.com/wp-content/uploads/2023/11/XAUUSDH4-6-1536×680.png 1536w" sizes="(max-width: 1592px) 100vw, 1592px" /><figcaption>XAU/USD (Gold vs US Dollar)</figcaption></figure><p>Gold has completed a declining wave to 1944.40 and may consolidate around this level before rising to 1974.44 and then declining to 1911.00.</p>
<h2>S&P 500</h2>
<figure><img decoding="async" loading="lazy" width="1592" height="705" src="https://blog.roboforex.com/wp-content/uploads/2023/11/US500CashH1-6.png" alt="S&P 500" class="wp-image-18975" srcset="https://blog.roboforex.com/wp-content/uploads/2023/11/US500CashH1-6.png 1592w, https://blog.roboforex.com/wp-content/uploads/2023/11/US500CashH1-6-360×159.png 360w, https://blog.roboforex.com/wp-content/uploads/2023/11/US500CashH1-6-768×340.png 768w, https://blog.roboforex.com/wp-content/uploads/2023/11/US500CashH1-6-1536×680.png 1536w" sizes="(max-width: 1592px) 100vw, 1592px" /><figcaption>S&P 500</figcaption></figure><p>The stock index has broken the 4358.5 level downwards, completing a wave of decline to 4344.4 and may continue to 4318.0 before correcting to 4349.0 and dropping to 4298.0.</p>
<p>
<a href="https://my.roboforex.com/en/register/">Open Trading Account</a></p><p>The post <a rel="nofollow" href="https://blog.roboforex.com/blog/2023/11/10/technical-analysis-forecast-november-10-2023/">Technical Analysis & Forecast November 10, 2023</a> appeared first at <a rel="nofollow" href="https://blog.roboforex.com">R Blog – RoboForex</a>.</p>
Leave a Comment