Technical analysis on 15.03.2021

15.03.2021 EURUSD euro currency pair against the US dollar ended the correction to 1.1910. Today, the market continues to develop another wave of growth to 1.2000. At the moment, the scope of consolidation arises around the level of 1.1960 as a continuation of the figure trend upwards. After reaching 1.2000 we expect a correction to 1.1960. GBPUSD Pound currency pair to US dollar made a wave of correction to 1.3864. The market is currently continuing to grow with another wave of growth, with consolidation currently forming around 1.3935. With its exit it will open up growth potential by 1.4015. USDRUB US dollar currency pair to the Russian ruble continues to expand the scope of consolidation around the level of 73.50. We expect it to expand to 73.15. Subsequently, it is not excluded to link the correction to 73.66. USDJPY The japanese dollar currency pair to the Japanese yen continues to form a consolidation range around 108.88. We expect it to rise to 109.40. Next, let’s look at the probability of falling to 108.40. USDCHF THE CURRENCY PAIR OF THE US DOLLAR TO THE SWISS FRANC HAS TRADED TO 0.9233. A correction to 0.9327 has been worked out. Today we will consider continuing the wave of declines to 0.9186. After its development, corrections to 0.9270 are not excluded. It then reversed to 0.9023. AUDUSD The Australian dollar versus the US dollar rose to 0.7800 and fell to 0.7740. Today we will consider the probability of an increase to 0.7860. After its development, we expect a correction to 0.7740. BRENT Oil has created a consolidation range above 68.86. Today we expect to finish it to 70.80. Once this level has been reached, a drop to 68.86 cannot be ruled out. It then rose to 71.20. GOLD Gold adjusted to 1700.44. Today we expect an increase of 1743.15. Then it is not excluded to link the correction to 1721.72. Then – growth to 1772.50. S’P 500 Stock Index is traded in the growth structure to 4000.0. After its development, we expect a correction link to 3850.0. Next, let’s look at the probability of an increase to 4126.0. Ind.)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.

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