Technical analysis on 26.03.2021

Technical analysis on 26.03.2021

26.03.2021

EURUSD

Euro Currency pair against the US dollar continues to trade under downward pressure. Today, consider the probability of reaching 1.1752. After its development, we expect growth to 1.1845. Next, let’s look at the probability of a drop to 1.1707.

GBPUSD

Pound currency pair to US dollar broke the level of 1.3732. The growth potential is almost open to 1.3800. After reaching this level, we expect a correction to 1.3732.

USDRUB

THE CURRENCY PAIR OF THE US DOLLAR TO THE RUSSIAN RUBLE continues to expand the scope of consolidation below the level of 76.66. Today we expect a drop to 75.50. And with this level down, the potential to fall to 74.50.

USDJPY

US dollar currency pair to Japanese yen is trading under upward pressure. Today we expect to reach 109.35. Then you can reduce it to 109.00. We almost expect the creation of a scope for consolidation at these levels.

USDCHF

US dollar-to-Swiss franc currency pair is trading under upward pressure. We expect the level of 0.9440 to be smooth. It is then possible to correct to 0.9340.

AUDUSD

The Australian dollar to the US dollar continues to expand its consolidation range at 0.7642 without a clear trend. Today we expect a drop to 0.7516. Next – correction to 0.7640. Then – down to 0.7451.

BRENT

Oil fell to 60.85 and has now corrected to 62.85. We expect it to drop to 60.00. The goal in the correction is the first. After its development, we expect growth to 65.55.

GOLD

Gold continues to form a consolidation range above 1727.00. At present, it is not excluded to link the reduction with the extension of the range to 1711,67. We then expect it to rise to 1776.08. After that, a correction to 1727.00 is not excluded. Then there is the increase to 1813,88. The target is local.

S’P 500

Stock The index fell to 3,860.0. A link between growth and 3925.6 has now been developed. We expect consolidation to develop around this level of scope. With its exit, it will open up growth potential to 4000.0. Once this level has been developed, it is not excluded to develop a further correction to 3925,6.

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.