Technical analysis at the 29.07.2021

29.07.2021

EURUSD

The euro/US dollar currency pair has worked a wave of growth to 1.1850. Today, the market is forming a range of consolidation around it. With it coming up, consider the probability of continuing correction by 1.1924. After that, we expect a decrease to the level of 1.1850 (test from above).

GBPUSD

The pound-to-US dollar currency pair has formed a consolidation range around 1.3876. Consider the probability of continuing correction to 1.3975. After that, expect a reduction link to 1.3876 (test from above). Next, consider the probability of rising to 1.4000.

USDRUB

The US dollar currency pair to the Russian ruble worked a wave of decline to the level of 73.45. Today, consider the probability of a growth link by 73.88. Further, we expect a decrease to 73.00. And with a breakdown and this level down, the potential to reach 72.66 will open. The target is local.

USDJPY

The currency pair of the US dollar to the Japanese yen with a break from the level of 110.25 is trading in the next structure of the decline by 109.40. After this is worked out level, consider the beginning of correction by 110.20.

USDCHF

The US dollar/Swiss franc currency pair has worked a wave of decline to 0.9105. At the moment, the market has formed a consolidation range around it and with a breakdown down suggests considering the probability of stretching the correction down to 0.9044.

AUDUSD

The Australian dollar-to-US dollar currency pair continues to form a consolidation range of 0.7388. With its breakdown up will open potential for growth by 0.7510. Next, we expect a decrease to 0.7380 (test from above). Then consider the probability of developing another growth link to 0.7542.

BRENT

Oil today trades at the top of the consolidation range. We expect the trend to continue to the level of 77.00. After its development, the correction link is not excluded until 73.00. Then we expect the development of another wave of growth to the level of 81.00.

GOLD

Gold broke 1810.00 up. Market suggests considering continued correction to 1825.95. After that, lowering to 1810.0 (test from above) is not excluded. Then consider the formation of another growth structure to the level of 1828.88.

S

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.