Technical analysis at the 13.09.2021

13.09.2021

EURUSD

The euro/US dollar currency pair has worked a wave of growth to 1.1850. This structure is seen as a correction to the last wave of decline. Today, the market is trading under pressure to decline by 1.1790. The goal in this wave of decline is the main one. After its development, we expect the formation of a consolidation range. With it coming up, consider the development of a wave of growth to the level of 1.1850.

GBPUSD

The pound-to-US dollar currency pair has worked a wave of growth against 1.3887. The target is local. Today, the market is trading in the structure of decline by 1.3809. After working out this level, consider the probability of growth by 1.3850. Then – decrease to 1.3830. We anticipate the formation of a consolidation range around this level. With leaving it down, the potential for a decrease to the level of 1.3785 will open. With the way up, consider the continuation of the growth wave by 1.3900.

USDRUB

The US dollar currency pair against the Russian ruble has worked out the growth structure to the level of 73.14. It is seen as a correction to the last wave of decline. Today we expect the development of another wave of decline by 72.50 with the prospect of continuing the trend to the level of 72.20.

USDJPY

The US dollar to Japanese yen currency pair has worked out the growth structure against the level of 109.98. Today, the market is forming a range of consolidation beneath it. We expect to leave it down to the level of 109.69. And with its breakdown, the potential for a wave of descent to 109.44 will open. If you go up, the correction continues to level 110.17.

USDCHF

Currency pair dollar The United States to the Swiss franc worked out another wave of decline to the level of 0.9150. Today, the market is trading in the next wave of growth by 0.9195. After working out this level, consider the probability of correction up to 0.9172. Then it is possible to grow to the level of 0.9220.

AUDUSD

The Australian dollar to the US dollar currency pair formed a correction to 0.7404. Today, the market is trading in the fifth structure of the decline wave. We expect development of 0.7332. After that, we expect to form a consolidation range at these lows. We consider the probability of leaving it upwards, to work out the correction of the entire wave of decline to the level of 0.7404.

BRENT

Oil produced a wave of growth to the level of 73.30. At the moment, the market is trading around it in the consolidation range. With it coming down, consider the probability of correction to level 72.22. With the way up, the potential for growth will open by 75.50. The target is local.

GOLD

Gold has worked the growth link to the level of 1803.30 and continues to develop with a break down from it the fifth pattern of decline. The target is at 1775.90. After its development, we expect the start of a wave of growth by 1803.30.

S 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.