Technical analysis 20.01.2021

20.01.2021 EURUSD Euro Currency pair against the US dollar worked a wave of growth to 1.2147. Today we will consider the probability of a correction to 1.2100. Once completed, we expect the next wave of growth to rise to 1.2230. The target is local. 101,000 GBPUSD Pound currency pair to US dollar continues to develop a wave of growth. We do not rule out overlapping levels of 1.3656. After its development, it is possible to adjust to 1.3600. Next, consider the probability of developing the next growth structure to 1.3683. USDRUB THE CURRENCY PAIR OF THE US DOLLAR AGAINST THE RUSSIAN RUBLE has made a wave of decline to 73.65. At the moment, the market is creating a series of consolidations over it. Expect to break its lower limit. The target is at 73.00. And with its division, we expect a continuation of the wave of declines to 72.20. USDJPY THE CURRENCY PAIR OF THE US DOLLAR TO THE JAPANESE YEN has worked a wave of decline to 103.76. Today we expect the extent of consolidation around it. With the exit from it, the potential to drop to 103.44 will open. Then we expect a rise to 104.60. USDCHF THE CURRENCY PAIR OF THE US DOLLAR TO THE SWISS FRANC is trading in a downward wave structure to 0.8858. Then – correction to 0.8890. For these levels, consideration should be given to consolidating the scope. As we move out of this, the potential for a continuation of the downward tide will open at 0.8844. AUDUSD The Australian dollar against the US dollar is trading in a growth pattern of 0.7742. Then let’s look at the drop to .7696. At these levels, we expect the scope of consolidation to develop. With the way out of it, the potential to drop to .7590 will open. With the increase in production, the probability of rising to 0.7780. 101 000 BRENT Oil broke the level of 55.25. Today we expect to work out 56.22. Then it is not excluded to associate the correction with the level of 55.30. Next – increase to 57.50. The goal is to Local. GOLD Gold continues its growth wave to 1863.50. Then – fall to 1834,00. At these levels, we expect to create a scope for consolidation. With the exit from it, the potential to drop to the level of 1803.00 will open. Bitcoin Bitcoin market is trading in a down structure to the level of 34600. After its development, it is not excluded to link the increase with 36700. It then relapsed to 31700. S’P 500 Stock Index recorded a wave of growth to 3806.1. At the moment, a number of consolidations are being built around him. With the way out of it, the potential to drop to 3778.5 will open. And with the breakdown and this level, we expect the trend to continue to 3737.2. 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.

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