Technical analysis on 03/02/2021

03.02.2021 EURUSD Euro The currency pair against the US dollar has worked a wave of decline to 1.2011. Today, the market has smashed the boundary of the channel’s last link of decline – 1.2041. We expect to create a consolidation scope around this level. With its exit, it will open up growth potential to 1.2077. The goal is the first. After working out this level, we take into account the probability of correction to 1.2041. GBPUSD Currency pound to US dollar has worked out a reduction structure to 1.3611 and made a correction link to 1.3666. Today we expect a drop to 1.3587. Then you can start the wave of growth to the level of 1.3700. USDRUB currency pair of the U.S. dollar to the Russian ruble continues to form a consolidation range above the level of 75.25. Price increases to 76.22 were not excluded. Then relapse to 75.00. And with its distribution, we expect the trend to continue to 73.77. The target is local. USDJPY Japanese dollar currency pair to Japanese yen continues to expand its consolidation range above 104.80. We expect the lower limit to break through and the correction to fall to 104.26. After developing this level, the probability of developing a different growth structure by 105.20 should be taken into account. Then we expect the beginning of a wave of declines to 103.33. USDCHF The currency pair of the US dollar to the Swiss franc creates consolidation around the level of 0.8966. “Throwing away” the price to 0.8994 is not excluded. Next, let’s look at the probability of a drop to 0.8920. At the end of the correction, we expect a rise to 0.9000. AUDUSD The Australian dollar against the US dollar has broken the level of 0.7626 and reworked the structure of the decline to 0.7565. Today, the market maintains its growth structure to check below 0.7626. Then – down to 0.7552. 101,000 BRENT 101,000 Crude oil is trading under upward pressure. Today, consider the probability of reaching 58.00. After this maximum, you can create a consolidation scope. With output the beginning of the correction to 56.30 is not excluded. Then there is the increase to 58.25. GOLD Gold worked the reduction structure to the level of 1830.00. The target is local. Currently, the growth compound is not excluded until 1851.00 (test from below). It then narrowed to 1827.00. 101,000 Bitcoin Bitcoin market worked growth link to 36400. Then consider the probability of starting a wave of decline to 31700. And with this level down, it will open up the possibility of a reduction to 26,500. If you split 36500 with a number, the continuation of the trend will open up the growth potential to 40400. S’P 500 Stock Index has been successful in rising to 3822.2. At the moment, the market is creating a number of consolidations around it. With the exit from it upwards, it is not excluded to continue the increase to 3940.0. The probability of reaching 3609.0. 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.

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