Technical analysis on 10.02.2021
euro currency pair against the US dollar continues to stretch the structure of the growth wave. Today we expect to reach 1.2133. After that, we expect the scope of consolidation to develop underneath it. With the division of its lower limit, consider the beginning of the development of the downward wave to the level of 1.2050.
U.S. pound continues to develop a wave of growth to the level of 1.3820. After its development, we expect to create a scope for consolidation at this maximum. With the division of the lower limit, we expect the beginning of a wave of decline to 1.3696.
the currency pair of the US dollar to the Russian ruble continues to develop waves of decline to the level of 73.63. After its development, growth to 74.90 is not excluded. Then we expect a drop to 73.40.
THE CURRENCY PAIR OF THE US DOLLAR TO THE JAPANESE YEN has worked a wave of decline to 104.50. Today, the market is trading around this low in terms of consolidation. The growth compound is not excluded until 105.00 (test from below). Then – drop to 104.40. After it has relegated, consider the likelihood of a wave of growth starting at 105.90.
THE CURRENCY PAIR OF THE US DOLLAR TO THE SWISS FRANC continues to stretch the downward tide. Today, consider the probability of reaching the level of 0.8906. Once it’s over, we expect to create a consolidation scope at that minimum. With output likely to rise to 0.8975.
Australian dollar versus US dollar continues to form a consolidation range around 0.7720. It is not excluded to extend to 0.7755. In addition, we expect a drop to 0.7710. And with its division, the reduction potential will open up to 0.7650.
Oil converted into a wave of correction to 60.00 and today it is trading at an increase of 61.00. Practically, the market creates a consolidation range around 60.50. With the exit from it down does not exclude the continuation of the correction until 59.00. As production grows, growth potential will open up to 62.50.
Gold continues to form a consolidation range around 1842.22. As you exit, consider the beginning of the downward tide to 1813.50. And with the collapse and this level we expect the wave to continue to 1780.66.
Bitcoin market has worked a wave of growth to the level of 48130 and at the moment forms under it the scope of consolidation. Expect to break its lower limit. The reduction target is 38,800.
The stock market index continues to trade under upward pressure to its main target of 3950.2. Once this maximum has been reached, we expect to see the scope of consolidation around it. Thanks to their production, this will open up the potential for a decrease to 3821.7.
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