Technical analysis at the 06.09.2021

06.09.2021 EURUSD The euro-to-US dollar currency pair performed another “surge” of the price up with an overlap of 1.1908. We practically consider the local purpose of the spent growth wave. On Friday, the market fulfilled the momentum of decline to the level of 1.1865 and its correction by 1.1904. Today, the pair is trading under pressure to decline to 1.1865. With its breakdown, the potential for lowering to 1.1855 will open. After that, consider the probability of developing a growth link to the level of 1.1865 (test from below). Then a decrease by 1.1849 is possible. Target in correction wave – The first. GBPUSD Currency Course Pound to US dollar executed on Friday “Emission” Prices to level 1.3890 and a reduction impulse to 1.3845. Today, the market has adjusted it with a test below 1.3866 and is now trading in the structure of the next impulse to reduce 1.3845. And with the breakdown of this level, the potential for reaching 1.3800 will open. Then consider the likelihood of the development of the level of growth to the level of 1.3845 (test below). Next – we expect a decline to 1.3785. The goal in the correction wave is the first. USDRUB The currency pair of the US dollar to the Russian ruble worked out the structure of the wave of decline to the level of 72.55. Today we will consider the probability of developing a range of consolidation over it. With its exit up, the potential for correction to the level of 73.40 will open. After that, consider the probability of developing another wave of decline by 72.50. The target is local. USDJPY The US dollar to Japanese yen currency pair broke through 109.82 and worked out a measured decline to 109.59. Today, the market has performed the correction link to level 109.82 (bottom test). We consider the probability of pulling down and lowering by working out 109.39. And with a breakdown and this level, we expect a decrease to 109.20. The purpose in the structure of the descent wave is local. USDCHF The currency pair of the US dollar to the Swiss franc has worked out the correction link to the level of 0.9119. Today, the market is trading in the growth structure by 0.9157. And with a breakdown of this level, the potential for growth by 0.9193 will open. The target is local. AUDUSD Australian Dollar Currency Pair against the United States dollar, it broke the level of 0.7436 and worked out a measured move to 0.7477. Today we consider the probability of developing a wave of decline to the level of 0.7418. The target in the correction wave structure is the first. Next, consider the development of the growth link to 0.7448. BRENT Oil has worked out the growth structure to 74.04 level and today trades in a downward link to 71.80. After working out this level, we expect the formation of a consolidation range. With its way up, the potential for growth will open by 74.45. With going down, consider probability of correction development to 70.20 level. GOLD Gold performed another “ejection” of the price to the level of 1833.80. Almost the market has formed another growth matrix with stretching. We expect the formation of a consolidation range under this level. With it coming down, consider the probability of a decrease in correction by 1819.36. And with a breakdown and this level down, we expect the correction to continue until 1800.00. S continues to develop the growth structure by 4555.5. After working out this level, consider the probability of developing a reduction link by 4510.5. The goal is the first. Back to a spiskuvnimaniye! Forecasts of financial markets are the private opinion of their authors. The current analysis is not a guide to trade. RoboForex is not responsible for the results of the work that may arise when using the trading recommendations from the submitted reviews.

close