Technical analysis for 2021 08/02/2021

Technical analysis for 2021 08/02/2021

08.02.2021

EURUSD

Euro Currency pair against the US dollar worked the correction to 1.2050 (test from below). Today we expect formation in this maximum range of consolidation, with the output from which down takes into account the likelihood of a continuation of the wave of decline to 1.1944.

GBPUSD

Pound currency to US dollar worked on a rising tide to the level of 1.3739. It is currently not excluded to link the decline to 1.3671. Next, let’s look at the probability of an increase to 1.3830.

USDRUB

THE CURRENCY PAIR OF THE US DOLLAR AGAINST THE RUSSIAN RUBLE IS TRADING IN A CONTINUATION OF THE DOWNWARD TREND, TO 74.24. After overwork, consider the probability of a combination of growth with 75.00 (test from below). In addition, we expect a drop to 73.63.

USDJPY

Japanese dollar currency pair to Japanese yen continues to expand the scope of consolidation around the level of 105.55. We expect him to come out of it down to work out 104.52. Next, let’s look at the likelihood of another growth structure rising to 105.91.

101,000 USDCHF

the currency pair of the US dollar to the Swiss franc met the target of a local growth wave – 0.9040. The market is currently trading at 0.8968. It is then expected to rise to 0.9062.

AUDUSD

The Australian dollar against the US dollar broke the level of 0.7651 and worked up to 0.7680. At present, the association of the decrease to 0.7650 (pre-test) is not excluded. Next, let’s look at the probability of an increase to 0.7720.

BRENT

Oil continues the wave of growth to 60.00. Once it has been worked out, we will consider the probability of a correction to 58.25. Next, let’s look at the probability of an increase to 61.77.

GOLD

Gold worked a wave of growth to 1818.60. Today, we expect maximum consolidation. With the way out of it, the potential to drop to 1761.50 will open.

Bitcoin

Bitcoin market has achieved a wave of growth to 40400 and is currently trading in terms of consolidation around the level of 38800. We expect to be able to get out of it to the development of 36200. And with the division of this level will open the possibility of reducing to 31700.

S’P 500

Stock Index continues to develop a wave of growth to the level of 3917.0. After its development, a corrective link with 3812.0 is not excluded. Next, let’s look at the probability of an increase to 3940.5.

Ind.) 101,000 Financial Market Forecasts are private opinions of the authors. The current analysis is not a guide to trade. RoboForex is not responsible for the results of the work that may occur when using the trading recommendations of the presented reviews.