Technical analysis on 18.01.2021

18.01.2021 EURUSD euro Currency pair against the US dollar has created a consolidation range around the level of 1.2111 and spoiled it. The market is currently expanding on a wave of declines to 1.2050. Once this level is reached, we expect a combination of growth to 1.2130. And with this level broken down, it will open up growth potential to 1.2230. The goal is the first. GBPUSD The currency to the US dollar has created a consolidation range above 1.3616 and has spoiled it. The potential for a drop to 1.3540 was discovered. After reaching this level, we expect an upward call of 1.3616 (at least). Next, consider the likelihood of developing another reduction structure to the level of 1.3523. USDRUB US dollar currency pair to the Russian ruble continues to trade in terms of consolidation around the level of 73.73. The combination of growth is not excluded until 74.00. In addition, we expect a drop to 72.23. The target is local. USDJPY US dollar currency pair to Japanese yen with a break from 103.91 traded under pressure to fall to 103.44. After reaching this level, we expect an increase of 104.00. And with this level broken up, it will open up growth potential to 104.60. USDCHF US dollar currency pair to Swiss franc was trading at 0.8923. Today, the market is creating a series of consolidations around it. It is not excluded to extend to 0.8937. After we expect the development of another reduction structure to the level of 0.8844. AUDUSD Australian dollar against the US dollar has worked a wave of decline to the level of 0.7660. Today, a correction link to 0.7760 is not excluded. Next, we expect the next reduction structure to grow to 0.7660. And with its breakout down it will open up the potential to drop to .7530. BRENT Oil worked the wave correction to 54.60. Today we expect the extent of consolidation around it. When exiting it upwards, it is necessary to take into account the probability of starting the development of the next wave to 56.00. And with its outburst it will open up growth potential by 58.00. GOLD Gold traded consolidation range above 1834.00 and today the division worked to fall to 1805.80. At the moment, the market trades the growth structure to 1834.00 (test from below). Next, we expect to develop another reduction structure to 1790.00. 101 000 Bitcoin Bitcoin market has developed a downward wave to 34,000. Today, we expect the correction to grow to 37,000. When finished, we’re likely to drop to 35,000. Creating a consolidation range around level 37,000 is practically taken into account. With the way out of it, the potential for reduction to 30,000 will open. Production up does not rule out an increase to 40500. S’P 500 The stock market index continues to develop a downward tide to 3737.2. After its development we expect a link correction to 3783.8. Then you can reduce to 3730.0. And with the division of this level down will open up the potential to fall to 3660.6. 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.

close