Technical analysis on 09.03.2021
Euro Currency pair to US dollar creates a consolidation range above 1.1840. With its exit, it will open up growth potential to 1.1983. The goal is the first.
The pound-to-US dollar currency pair is traded for consolidation around 1.3830. With its exit, it will open up growth potential to 1.3895. And with the division and this level up we will consider continuing the trend to 1.4000.
US dollar currency pair against the Russian ruble continues to develop a wide range of consolidation around the level of 74.00. At 74.74, it will open up growth potential to 75.50. At 73.50 a.m. down 73.50 points,
U.S. dollar-to-Japanese currency pair and the growth wave stretched to 109.20. Today we will consider the probability of a drop to 108.10. At these levels, we expect the scope of consolidation to develop. With the exit from it, the potential for a wave of decline to the level of 106.90 will open. The goal is the first.
US dollar-to-Swiss franc currency pair rose to .9370. Today we expect a drop to 0.9250. At these levels, we expect to create a scope for consolidation. With the way out of it, the potential to drop to .9131 will open. The goal is the first.
Australian dollar currency pair the US dollar continues to form a consolidation range below 0.7719. We expect it to expand to .7600. And with the division of this level down will open the potential to fall to 0.7425.
Oil has made adjustments to the level of 67,67. Today we expect growth to 70.10. With this level broken down, it will open up growth potential by 73.10. In the event of a fall and a split of 67.50, the potential for a fall to 62.50.
Gold continues to trade on the downward wave channel. Currently, the level 1673.00 update is not excluded. Next, let’s look at the probability of an increase of 1707.00. At these levels, we expect a reversal model and an early growth wave to 1744.55.
The stock index has pushed its growth to 3879.0. Correcting link to 3792.4 is not excluded. At these levels, we expect the scope of consolidation to develop. With its exit, the growth potential will open up to 3973.0. From the way down, you can reduce to 3660.0.
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.