Technical analysis on 16.03.2021

16.03.2021 EURUSD The euro currency pair against the US dollar has made another rise link to 1.1911. Today, the market continues to develop another wave to 1.1937. And with the breakdown of this level we expect to work out 1.1963. The goal is the first. We are practically considering the beginning of the growth structure to the level of 1.2000. GBPUSD The currency pound to the US dollar is traded in a structure of decline to the level of 1.3849. After its development, we expect a growth wave to 1.3947. The goal is the first. Practically considering the beginning of the wave of growth to the level of 1.4055. USDRUB currency pair of the US dollar to the Russian ruble has worked a wave of decline to the level of 73.00. The market is currently in the consolidation range around 73.27. We expect it to reach 72.80. Once developed, the correction link is not excluded until 73.30. It then narrowed to 72.00. USDJPY Japanese dollar currency pair to Japanese yen continues to form a consolidation range around 109.12. We expect it to expand to 109.40. Next, let’s look at the probability of falling to 108.40. USDCHF US dollar currency pair to Swiss franc continues to develop a downward tide to 0.9186. After its development, we expect a correction to 0.9278. It then relapsed to 0.9023. AUDUSD US dollar 0.7740. Today, we expect the next growth structure to grow to 0.7800. And with this level broken down, it will open up growth potential to 0.7860. BRENT Oil made a correction to 68.86. Today we expect the extent of consolidation around it. We expect to get out of it to work out a level of 70.00. Then the reduction connection is not excluded until 69.00. It then rose to 71.20. GOLD Gold rose to 1721.72. Today, we expect to see the creation of a scope for consolidation over it. With its exit, it will open up the potential of to 1743.15. Next, let’s look at the probability of a correction to 1721.72. S’P 500 The stock market index continues to trade the growth structure to 4000.0. After its development, we expect a correction link to 3850.0. Next, let’s look at the probability of an increase to 4126.0. 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.