Forexpamm

Technical analysis on 03.04.2020

03.04.2020 EURUSD euro currency pair against the US dollar worked in the second half of the wave of decline to the level of 1.0830. At the moment, the market is trading at low consolidation. Today we expect the growth structure to grow to 1.0880. And with its explosion upwards, the potential to reach the level of 1.0900 will be revealed. The target is local.

GBPUSD Us dollar continues to trade in consolidation around 1.2343 without a clear trend. Today we will consider the possibility of falling to 1.2200. It will then rise to 1.2343. As the lower end of the range is broken down, the possibility of falling to 1.2055 will open up. As the upper end of the range is broken down, it will open up growth potential to 1.2555. This increase will only be considered as an alternative to stretching the correction. Next – a decrease in the downward trend.

USDCHF US dollar-to-Swiss franc currency pair has structured a growth wave to 0.9747. Today, the market is trading in terms of consolidation at the heights of this wave. In the main scenario, a decrease of 0.9700 was considered. And with its division, the possibility of correction will open up to the level of 0.9666.

USDJPY Japanese dollar currency pair to Japanese yen made a correction link to 108.14. Today we will consider the possibility of developing another wave of decline to 107.25. And with a breakdown, this level will open up the potential for level 106.25 development. The target is local.

AUDUSD US dollar vs. US dollar broke down 0.6066. Today we will consider the possibility of a test from the bottom of the broken level. It fell further to 0.5918. The target is local.

USDRUB US dollar currency pair to Russian ruble operated compound falling to 77.30. Today we will consider the possibility of exceeding this level. The target is 75.44. The target is local.

USDCAD U.S. dollar currency pair against the Canadian dollar continues to expand consolidation above 1.4060. Today we will consider the possibility of to 1.3825. The target is local.

GOLD Gold trades for consolidation above 1607.50. Today we will consider the possibility of falling to 1602.32. And with this level down, consider continuing the trend to 1586.70. 101.000 BRENT Oil gained a second rise to 34.06. Today, the market is trading against the correction of the latter impulse. The purpose of the correction is 24.35. Once the adjustment is complete, we will consider the possibility of rising to 35.86. Goal one.

Bitcoin Bitcoin market is trading in the growth wave structure to the level of 7330. Then adjust to 6600. Next, we expect the next growth structure to grow to 7,500. Then correction 5600. 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.