Technical analysis at the 30.08.2021

30.08.2021 EURUSD The euro/US dollar currency pair was supported at 1.1733. Against the news background, the market broke 1.1777 up. Today, the local goal of expanding the range is 1.1807. Next, we expect a decrease in the correction of Friday’s growth to the level of 1.1777 (test from above). After that, the development of another growth link by 1.1814 is not excluded. All growth structures are considered as an alternative with continued correction. At any time, the market can “break down” to continue the trend. GBPUSD The pound-to-US dollar currency pair received support at 1.3701. Against the news background, the market has worked out the potential to expand the range to 1.3780 and today is trading at the top of the growth structure. It is considered as corrective. We expect the development of the decline structure by 1.3743. Then another growth structure is possible to the level of 1.3797. USDRUB The currency pair of the US dollar to the Russian ruble broke down the level of 73.88. Today we will consider the probability of continuing the wave of decline until 73.30. Purpose – Local. After it, it does not exclude correction to the level of 73.88 (test below). Then – decline to 73.17. USDJPY Currency pair Dollar USA to Japanese yen with chopping down from level 110.25 traded in a decrease structure to 109.47. With the breakdown and this level will open the potential for the decline to 108.80. The goal is local. USDCHF Currency pair Dollar USA to the Swiss franc with a selection of 0.9198 worked out a decrease to 0.9155 and on a newspaper broke down this level down. Worked out the local target of the reduction structure is 0.9111. Today we will consider the development of the growth structure to the level of 0.9150. Further, the development of its one reduction structure by 0.9097 is not excluded. Then – growth to the level of 0.9198. AUDUSD The Australian dollar to the US dollar currency pair received support at 0.7222 and worked out another growth structure by 0.7314. Today we expect a decrease to 0.7210. And with a breakdown and this level down, we expect a continuation of the trend to 0.7070. BRENT Oil spent wave growth to 72.87. Today, the market is trading in the structure of decline by 71.30. If this level breaks down, the potential for correction to 70.25 will open. GOLD Gold worked a wave of growth to the level of 1822.00. The target is local. Today, the market has fulfilled the momentum of decline by 1813.33. We expect the correction link to the level of 1818.70. After that, consider continuing the decrease to 1800.90. S Consolidation range. The probability of reduction to 4497.3 is considered. After that, the formation of another growth structure to the level of 4530.0 is not excluded. 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.

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