Technical analysis on 17.02.2021

17.02.2021 EURUSD euro currency pair against the US dollar worked link increase to 1.2168. The scope of consolidation within the technical number “Triangle” was practically created, and the market fell to 1.2100 with a break from the upper limit. At the moment, a new scope of consolidation is emerging around this level. Today we expect a drop to 1.2077. Then the combination of growth with 1.2100 (bottom test) is not excluded. It then narrows down to 1.2040. GBPUSD The pound-to-US dollar currency pair continues to expand its consolidation range around 1.3900. Today we expect a drop to 1.3850. Then there is the increase to 1.3900. With the exit from this range down, the potential to drop to 1.3770 will open up. With the exit upwards, it is possible to increase to the next target at 1.3980. USDRUB US dollar currency pair against the Russian ruble continues to expand the scope of consolidation around the level of 73.33. Today, the market has enlarged it to 73.90. Then we expect it to drop to 72.90. Then the increase is not excluded to 73.30 (test from below). It then fell to 72.50. USDJPY THE CURRENCY PAIR OF THE US DOLLAR TO THE JAPANESE YEN has worked a wave of growth to 106.21. Today, the market is trading at 105.75. The creation of a consolidation range with a maximum growth wave is practically taken into account. With the exit from it will open to 105.20. The goal is the first. USDCHF U.S. dollar-to-Swiss franc currency pair rose to .8870. The market then met the growth rate to 0.8926 and today creates a scope for consolidation around this level. We expect it to expand to .8945. Then relapse to 0.8926. Then – increase to 0.8988. The goal is the first. AUDUSD AUSTRALIAN DOLLAR to US dollar has created a consolidation range around 0.7760. Currently, it is not excluded to combine the increase with 0.7810. Next, we expect the connection to drop to .7679. BRENT Crude oil today continues to form a narrow range of consolidation above 62.50. With it going up, we expect to realize growth potential for a wave extending to 64.90. After reaching this level, we expect a correction link to 62.50. GOLD Gold fell out of the consolidation range and worked 1792.43. Then the market returned to 1814.00 (test from below) and today trades another wave of decline. The level of 1787.00 has been worked out. This trend is expected to continue to 1772.52. After working out this level, consider the probability of correction by 1820.00. Bitcoin Bitcoin market brought the first boost to the fall to 47700 and correction to 50.000. Practically, the market has outlined the scope of consolidation. With the exit from it, the potential will open 44,600. The target is local. The S’P 500 continues to form a consolidation range around 3927.1. Today, the price of “ejection” to 3971.0 is not excluded. Then we expect to move out of this range to 3829.0. And with its distribution, we expect a wave of decline to 3609.0. 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.

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