Forexpamm

Technical analysis at the 17.08.2021

17.08.2021 EURUSD The euro-to-US dollar currency pair today continues the development of the correction to the level of 1.1762. After working it out, consider the probability of developing another growth impulse by 1.1806. Next, we expect the trend to continue down to 1.1700. GBPUSD The pound-to-US dollar currency pair has worked a wave of growth to the level of 1.3877 and continues the downward wave of decline. At the moment, 1.3822 was punched. Almost the market continues to trade in the next structure of the wave of decline to level 1.3780 with the prospect of continuing the trend to 1.3750. USDRUB The US dollar/Russian ruble currency pair is trading steadily in the consolidation range around 73.33. Today we expect a decrease to its lower limit and a breakdown of 73.10. The next goal of the decrease is at the level of 72.72. USDJPY The US dollar to Japanese yen currency pair continues to form the consolidation range. We expect to leave it down and continue the trend to the level of 108.20. The target is local. In case of exit from consolidation up does not exclude the correction link by 110.00 (test from below). Next is the continuation of the trend to the level of 108.00. The goal is the first. USDCHF The US dollar to Swiss franc currency pair today can test 0.9145 from the bottom. Further – decrease to 0.9053. The target is local. After its development, we expect the development of correction to the level of 0.9145 (test from below). AUDUSD The Australian dollar to the United States dollar currency pair with a drop of 0.7340 trades in the pattern of the decline wave. Today level 0.7303 has been worked out. We expect a growth link by 0.7323 (test from below). Next – a decrease to the level of 0.7272. BRENT Oil produced a wave of decline to 68.20. Today, the market has fulfilled the growth momentum by 70.05. We expect the correction link to level 69.20. Then consider the beginning of the development of another wave of growth by 71.11. The target is local. GOLD Gold continues to develop a second growth momentum. We expect to work out the level of 1811.95. After that, it is possible to develop the correction by 1766.00 (test from above). Next, consider the probability of starting another growth pulse to 1865.10. The goal is the first. S to trade. RoboForex is not responsible for the results of the work that may arise when using the trading recommendations from the submitted reviews.