Technical analysis on 19.01.2021

19.01.2021

EURUSD

euro Currency pair against the US dollar extended the scope of consolidation to 1.2053. The market is currently trading at 1.2137. After reaching this level, we expect it to drop to 1.2100. Next, let’s look at the probability of an increase to 1.2181. The target is local.

GBPUSD

U.S. dollar rose to 1.3520. The market is currently trading at 1.3626. After reaching this level, we expect the call to drop to 1.3580. Next – rise to 1.3666.

USDRUB

US dollar currency pair to Russian ruble traded consolidation range around 73.73 and with exit upfront worked adjustments to 74.40. Today we expect a drop to 73.70. And with this level broken down, the potential to fall to 73.00.

USDJPY

Japanese dollar currency pair to Japanese yen creates a consolidation range around the level of 103.75. Today we expect a combination of growth to 103.96. Once this level has been worked out, the probability of a reduction to 103.75 should be taken into account. And with the split and this level down, the potential to drop to 103.44 will open up. It is then rising to 104.60.

USDCHF

THE CURRENCY PAIR OF THE US DOLLAR TO THE SWISS FRANC IS TRADED in a wave structure falling to 0.8894. Then – correction to 0.8910. Next, let’s look at the probability of a drop to .8875. The goal is the first.

AUDUSD

Australian dollar versus US dollar traded down to 0.7660. The market is currently trading at a rising tide to 0.7742. Next, we expect to create a consolidation scope below this level. Its expansion to 0.7777 is not excluded. Subsequently, it fell to 0.7666.

BRENT

Crude oil continues to expand its consolidation range below 55.20. It is not excluded to extend to 54.34. Next, let’s look at the probability of a growth wave to 56.00. And with its breakout up it will open up growth potential to 58.50.

GOLD

Gold has made a technical return to 1834.00 and today continues to form a range of consolidation around it. Its expansion to 1863.50 is not excluded. Next, let’s look at the probability of developing another reduction structure to 1790.00.

Bitcoin

Bitcoin the market has developed a wave of growth to the level of 37000 and at the moment a consolidation range is formed under it. With its exit, it will open up growth potential to 40,500. From the road down, you can reduce to 32800. The target is local.

S’P 500

Stock Index has formed a consolidation range around 3778.5 and today trades its expansion upwards. We expect to work out 3806.1. It then narrows to 3,778.5. And in case of its disintegration, the probability of continuation of the trend to 3737,2 should be taken into account. The goal is the first.

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