Technical analysis on 09/02/2021

09.02.2021 EURUSD Euro Currency pair against the US dollar has created a consolidation range around the level of 1.2050. Today, the market has expanded it to 1.2080. In addition, we expect a drop to 1.2015 levels. And with its outbreak will open up the potential for development 1.1944. GBPUSD Currency pound to US dollar extended the scope of consolidation to 1.3782. Today we expect a drop to 1.3740. The development of a further link between growth and 1.3820 is not excluded. Then there is the drop to 1.3672. And with the division of this level down will open the potential to reach 1.3600. USDRUB US dollar currency pair against the Russian ruble worked a wave of decline to 74.24. At the moment, the market is creating a number of consolidations around it. We expect the trend to continue to 73.63. The target is local. USDJPY THE CURRENCY PAIR OF THE US DOLLAR TO THE JAPANESE YEN continues to develop a downward tide to 104.64. After its development, the growth compound is not excluded until 105.10. It then narrowed to 104.50. USDCHF THE CURRENCY PAIR OF THE US DOLLAR TO THE SWISS FRANC MET THE MAIN ADJUSTMENT TARGET TO 0.8969. At the moment, the market is trading in terms of consolidation at this minimum. An extension of the range to 0.8955 cannot be excluded. Next, consider the likelihood that the growth wave will start at 0.9070. AUDUSD para currency Australian dollar to dollar United States met the local growth wave target of 0.7720. Today, we expect to see the creation of a consolidation area around it. After exiting it, we expect a correction to 0.7651. Next, consider the probability of another wave of growth to 0.7739. 101.000 BRENT Oil has worked a wave of growth to 60.00. The market traded around it the scope of consolidation and with the exit up today worked 61.00. Corrective link is not excluded until 60.00. Then we expect it to rise to 62.50. The goal is the main one. GOLD Gold has formed a consolidation range around the level of 1813.50 and with the exit to the top today worked a wave section to 1842.22. Practically the growth potential is exhausted. Next, we expect to create a consolidation scope at this maximum. With the exit, consider the beginning of the wave of decline to the level of 1780.70. Bitcoin Bitcoin market has created a consolidation range around the level of 38800 and with the division upwards continue to stretch the wave of growth. Its potential is estimated at 48100. It is then expected to fall to 38800. S’P 500 The stock market index has traded at 3917.0. The target is local. We expect to develop the scope of consolidation around it today. With the way out of it, the correction potential to 3821.7 will open. Then there is the increase to 3940.5. Ind.) 101,000 Financial Market Forecasts is a 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 occur when using the trading recommendations of the presented reviews.

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