Technical analysis on 05/02/2021

05.02.2021 EURUSD Euro Currency pair against the US dollar worked at 1.2000, recorded a decrease in consolidation and with a break down continues today to fall to 1.1950. After working out this level, the correction link is not excluded until 1.1970. Next, let’s look at the probability of falling to 1.1941. Practically, the market continues to stretch the tide of declines. As you exit the channel, expect growth to start at 1.2155. The goal is the first. GBPUSD Pound currency pair to US dollar worked a downward tide to 1.3565. After its development, the market returned to 1.3670 and at the moment remains in the consolidation around this level. We expect it to move up to continue the trend to 1.3755. In the case of a descent, a further adjustment of 1.3490. USDRUB US dollar currency pair to the Russian ruble shall be traded in a structure of decline to 75,00. Once it has been development, we expect to see the creation of a scope for consolidation. With the way out of it, the potential to drop to 73.52 will open. USDJPY US dollar currency pair to The Japanese yen continues to stretch the tide of growth. Today, we expect to see a consolidation range below 105.55. With the way out of it, the potential to drop to 105.00 will open. And with this level broken down, we expect the trend to continue to 103.33. USDCHF The currency of the US dollar against the Swiss franc remains under upward pressure. The potential of the wave has been developed. Another growth structure of 0.9062 is not excluded. But at any time the market can “break” on the wave of decline. The first goal is .8968. AUDUSD Australian dollar versus US dollar continues to develop another wave of decline to 0.7550. After its development, we expect an early wave of growth to 0.7650. BRENT Crude oil has worked a wave of growth to the level of 59.20. Corrective link is not excluded until 57.30. Then there is the increase to 59.69. GOLD Gold fell to 1795.50. Today we will consider the probability of an increase of 1818.60. You can then decrease to 1761.50. Bitcoin Bitcoin market is trading in correction to the level of 35300. Then consider the probability of an increase to 39,000. Then we expect a drop to 31700. S’P 500 The stock market index has emerged from the consolidation range upwards. The growth potential to 3917.0 is open. After its development, we expect it to drop to 3821.7. Next, let’s look at the probability of an increase to 3948.7. 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 applying the commercial recommendations of the presented reviews.

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