Technical analysis on 17.03.2021

Technical analysis on 17.03.2021

17.03.2021

EURUSD

The euro currency pair against the US dollar has made another fall to 1.1888. Today, the market remains in the next structure of the growth wave to 1.1937. Once this level has been worked out, the correction is not excluded until 1.1910. It is then rising to 1.2000.

GBPUSD

Pound currency pair against the US dollar has made another link of decline to the level of 1.3810. The market is currently trading at 1.3931. Once this level has been worked out, a correction to 1.3871 cannot be excluded. Then there is the increase to the level of 1.4055.

USDRUB

currency pair of the US dollar against the Russian ruble worked a wave of decline to 72.30 and correction to 72.80. We expect the next call to drop to 72.30. After that, a growth compound of up to 72.55 is not excluded. It then narrowed to 72.00.

USDJPY

The currency pair of the US dollar to the Japanese yen continues to form a consolidation range around 109.12 without a clear trend. We expect it to expand to 109.40. Next, let’s look at the probability of a drop to 108.40.

USDCHF

THE CURRENCY PAIR OF THE US DOLLAR TO THE SWISS FRANC CONTINUES TO DEVELOP THE SCOPE OF CONSOLIDATION AROUND THE LEVEL OF 0.9255. Expect it to end at .9186. After reaching this level, we expect a correction to 0.9260. It then narrowed to 0.9160.

AUDUSD

a pair of Australian dollar-to-dollar currencies the United States continues to expand its consolidation range around 0.7740. Today, we expect the next growth structure to grow to 0.7780. And with the division of this level upwards will open up growth potential to 0.7860.

101 000 BRENT

Oil has made a correction to 67.00. Today we expect the growth structure to increase by 68.60. Once this level has been reached, a drop to 67.90 cannot be ruled out. Then we expect growth to 70.00.

GOLD

Gold trades in a wide range of consolidation around the level Today we will consider the likelihood of its expansion to 1742,15. Next, we expect a correction link to 1710.00.

S’P 500

The stock market index is traded in terms of consolidation at 3960.0. We expect it to rise to 4000.0. After you work out this level, consider the probability of linking the correction to 3860.0. You can then expand the 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.