Technical analysis at the 08.09.2021

08.09.2021 EURUSD The euro currency pair to the US dollar worked out a decline to the level of 1.1859 and the trend’s continuation figure drove it down. Today we expect to work out 1.1834. After that, the level of growth to the level of 1.1859 (test below) is not excluded. Then – decrease to 1.1822. The goal is local. Later we expect growth to the level of 1.1859. Next – a decline to 1.1800. GBPUSD Currency pair Pound to US dollar struck down level 1.3809 and traded in the structure of another wave of decline to 1.3762. The goal is local. After her we expect a growth link to the level of 1.3809 (test from below). Then – decrease to 1.3726. The goal is the first. USDRUB The currency pair of the US dollar against the Russian ruble continues to develop correction. Today we will consider the probability of growth to the level of 73.80. And with its breakdown up, the continuation of correction to 73.90 is not excluded. After working out this level, we expect the start of a new wave of decline by 72.37. USDJPY US dollar to Japanese yen currency pair broke up 110.00 and suggests considering probability of correction continuation to level 110.43. Almost the market has returned to the upper bound of the consolidation range. We expect to take it down and down to 110.00. And with a breakdown of this level, the potential for development 109.60 will open. USDCHF The US dollar/Swiss franc currency pair broke up 0.9166 and continues to wave towards 0.9200. The target is local. After working out this level, we expect the development of the reduction structure to 0.9166 (test from above). Then – growth to the level of 0.9220. AUDUSD The Australian dollar-to-US dollar currency pair broke 0.7404 down and today continues to trade in a downward wave pattern by 0.7343. The target is local. Next, we expect a growth link to the level of 0.7404. Then – decrease to 0.7332. BRENT Oil continues to develop the consolidation range around 72.42. At the moment, the market worked out its expansion down to 71.20 and today is trading in growth to the level of 72.42. Then we can get another down and down to 70.87. Then we expect the beginning of another wave of growth to the level of 74.55. GOLD Gold worked a wave of decline to the level of 1816.06. The market formed a compact consolidation range around it and broke it down. Today, the entire potential of the wave of decline to 1795.00 has been worked out. We expect development at the current lows of the consolidation range. With it coming up, consider the probability of correction with a return to 1814.00 (test from below). Then it is possible to develop another structure of decline by 1780.00. С may occur when using trade recommendations from the provided reviews.

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