Technical analysis on 13.01.2021
euro currency pair to US dollar form the scope of consolidation below 1.2180 and with a break continues to develop the correction to 1.22222. The target is local. After working out this level, we expect to drop to 1.2180 (pre-test). After that, the development of the growth link with the level of 1.2230 is not excluded. On this potential correction will be exhausted. Then – down to 1.2111.
Pound currency pair to US dollar broke 1.3570 up and continues to rise to 1.3694. After reaching this level, we expect a drop to 1.3570. And with this level down, it is possible to reach the level of 1.3451.
the currency pair of the US dollar to the Russian ruble has worked the structure of the decline to the level of 73.73. Today, we expect to see the creation of a consolidation area around it. With the exit from it, the potential to drop to 72.23 will open. The target is local.
Japanese dollar currency pair to Japanese yen broke 104.00 down. The local reduction structure target is 103.54. Today we expect growth to be paired with 103.92. Then – fall to 103,44. Next, let’s look at the probability of an increase to 104.64.
US dollar-to-Swiss franc currency pair has created a consolidation range above 0.8879 and with it a downward division in the structure of decline to 0.8844. After training, this level does not exclude the development of another growth structure up to 0.8879 (lower test). It then fell to 0.8840.
The Australian dollar against the US dollar has worked a wave of growth to 0.7770. Today, the market trades around it for consolidation. With the way out of it, the potential to drop to .7713 will open. And with the division and this level down, it is possible to reach the local target of 0.7650.
Oil has worked a wave of growth to 57.00. Today, we expect to see the creation of a scope for consolidation over it. With the exit from it, the potential for correction will open up 55.00. Next, let’s look at the probability of an increase to 57.50.
Gold continues to form a consolidation range around 1840.60. Today it is necessary to take into account the probability of decay 1857.50 upwards. The growth target is 1878.97. Then consider the probability of reducing to 1857.50 (test in advance). Furthermore, the development of another growth structure to 1897,30 levels is not excluded.
Bitcoin market is now trading at a breakout level of 33,500 down. We expect a wave of decline to 30900. Next – rise to 33500 (test from below). Then – fall to 30,000.
The stock market index continues to form a consolidation range above 3784.9 without a clear trend. We’re waiting for it to come out of it. Possibility of relegation 3745.0. The target is local. Then – increase to 3784.0 (test from below). It then narrows down to 3738.3.
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.