Technical analysis on 23.03.2021

23.03.2021 EURUSD Euro Currency pair against the US dollar has worked a wave of growth to 1.1946. Today, we expect to see the creation of a consolidation scope underneath it. It is not excluded to link the correction to the level of 1.1922 (at least). Then – increase to 1.1950. Another link between the correction and the level of 1.1910 is not excluded. Then we expect an increase to 1.1985. GBPUSD Pound currency pair to US dollar is trading in terms of consolidation around the level of 1.3848. It is not excluded to extend to 1.3810. The main scenario takes into account production with an increase to 1.4000. And with its eruption upwards, the growth potential will open up to 1.4217. The target is local. If it goes down, a continuation of the correction to 1.3777 is not excluded. USDRUB US dollar currency pair against the Russian ruble has increased to 74.45. We expect to create a consolidation scope around it. Its expansion to 75.05 is not excluded. It then narrowed to 74.40. USDJPY Japanese dollar currency pair to Japanese yen continues to form a consolidation range around 108.80. We expect today’s drop to 108.29. Next – rise to 108.77. It is then expected to fall to 107.55. USDCHF THE CURRENCY PAIR OF THE US DOLLAR TO THE SWISS FRANC HAS BROKEN THE LEVEL OF 0.9260 AND CONTINUES TO FALL TO 0.9186. Then – increase to 0.9250. Then – down to 0.9123. AUDUSD The Australian dollar against the US dollar is trading in the consolidation range around 0.7729. Today it is not excluded that it will extend to 0.7680. Next, let’s look at the probability of an increase to 0.7844. BRENT Crude oil is traded in the consolidation range around 63.44. It is not excluded that it will lengthen to 65.50. It then narrows down to 60.00. The goal is the first. GOLD Gold forms the scope of consolidation around 1740.18. Today we expect a combination of growth to 1761.30. An adjustment of 1741.40 is then not excluded. Next – rise to 1803,88. The target is local. S’P 500 The stock market index is trading at 3963.7 today. It is possible to “throw away” the price up to 4000.0. Next, let’s look at the probability of a correction to 3925.5. For these levels, consider creating a consolidation scope. With the exit from it, the correction potential to the level of 3860.0 will open. With growth potential to continue the trend to 4160.0. 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.

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