Technical analysis on 12.02.2021

123

Technical analysis on 12.02.2021

12.02.2021

EURUSD

euro Currency pair against the US dollar continues to form a consolidation range around the level of 1.2120. Today, the expansion of the range to 1.2114 is being considered. Next, we expect the price to return to 1.2135. When exiting this range upwards, consider the probability of an increase to 1.2155. As the way down will open up the potential for a drop to 1.2088.

GBPUSD

The currency pound to the US dollar has broken the level of 1.3810 and continues to develop the wave to 1.3770. After working out this level, consider the probability of an increase to 1.3820 (test from below). Subsequently, the relapse to 1.3760.

USDRUB

US dollar currency pair against the Russian ruble is traded under pressure to fall to 73.40. After its development, a correction link with 74.48 is not excluded. It then narrowed to 72.52.

USDJPY

THE CURRENCY PAIR OF THE US DOLLAR TO THE JAPANESE YEN IS TRADING HIGHER TO 105.30. Then – reduced to 104.70. At these levels, we expect to create a scope for consolidation. With its exit, it will open up growth potential to 105.90. From the way down it is possible to continue the correction to 103.30.

USDCHF

the currency pair of the US dollar to the Swiss franc remains in a narrow range of consolidation around the level of 0.8903. The main scenario includes an output of up to 0.8975. And with its disintegration this will open up the potential technical analysis on 12.02.2021
12.02.2021

EURUSD

euro Currency pair against the US dollar continues to form a consolidation range around the level of 1.2120. Today, the expansion of the range to 1.2114 is being considered. Next, we expect the price to return to 1.2135. When exiting this range upwards, consider the probability of an increase to 1.2155. As the way down will open up the potential for a drop to 1.2088.

GBPUSD

The currency pound to the US dollar has broken the level of 1.3810 and continues to develop the wave to 1.3770. After reaching this level, the probability of an increase to 1.3820 (bottom test) should be taken into account. Subsequently, the relapse to 1.3760.

USDRUB

US dollar currency pair against the Russian ruble is traded under pressure to fall to 73.40. After its development, a correction link with 74.48 is not excluded. It then narrowed to 72.52.

USDJPY

THE CURRENCY PAIR OF THE US DOLLAR TO THE JAPANESE YEN IS TRADING HIGHER TO 105.30. Then – reduced to 104.70. At these levels, we expect to create a scope for consolidation. With its exit, it will open up growth potential to 105.90. From the way down it is possible to continue the correction to 103.30.

USDCHF

the currency pair of the US dollar to the Swiss franc remains in a narrow range of consolidation around the level of 0.8903. The main scenario includes an output of up to 0.8975. And with its decay it will open up a potential of 0.9070.

AUDUSD

The Australian dollar against the US dollar remains in a downward structure to 0.7730. After its development, we expect growth to 0.7750. Creating a consolidation range around 0.7750 is practically taken into account. With the exit from it, the potential to drop to .7666 will open.

101,000 BRENT

Crude oil today is trading under pressure to fall to 60.00. After its development, we expect growth to 60.70. If this level is divided, an increase of 61.00 is possible. And with the division and this level up will open up the potential for development 62.50.

GOLD

Gold broke the level of 1834.42 down and worked the downward wave to 1821.60. Today, consider the probability of the connection rising to 1834.40 (bottom test). Then – fall to 1812,00. After working out this level, consider the probability of an increase to 1861.30.

101 000 Bitcoin

Bitcoin market has created another wave of growth to the level of 48800. Today we are considering a reduction structure to 43666. Next – increase to 45700. At these levels, we expect a reversal value. The first objective of the decrease is to 38800. Stock index

S’P 500

continues to form a consolidation range around 3917.0. Today we will consider the probability of an increase to 3940.0. Then – drop to 3917.0 (pre-test). Then you can grow to 3950,2. This will be the end of the growth wave potential.

/>Inadd to ListIndescription! 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.