Forexpamm

Technical analysis at the 06.08.2021

06.08.2021 EURUSD The euro currency pair against the US dollar has worked out the link of the wave of decline to the level of 1.1827. At the moment, the market is under pressure to decline. Today we consider the probability of stretching the wave of decline and development of the level 1.1815. Further, we expect growth by 1.1872. GBPUSD The pound-to-US dollar currency pair trades in a consolidation range around 1.3920. Today we expect a reduction link to 1.3900. Then we expect growth to the level of 1.3974. After it is worked out, consider the probability of a decrease to 1.3866. USDRUB The US dollar to the Russian ruble currency pair continues to develop the consolidation range at the lows of the decline wave. The growth link to the level of 73.37 is not excluded. Then we expect a decrease to 72.60. And with a breakdown and this level, the potential for a decrease to 72.16 will open. USDJPY The US dollar to Japanese yen currency pair has worked a wave of growth to 109.86. Today we expect the start of another wave of decline by 108.11. The goal is the first. After that we expect the correction to begin to the level of 110.00. USDCHF The US dollar/Swiss franc currency pair continues to grow against 0.9686. After its development, we expect a decrease to 0.9050. By these levels, consider the probability of developing a consolidation range. With its way up, the potential for growth by 0.9105 will open. With a way down, we expect a decrease to the level of 0.9015. AUDUSD The Australian dollar-to-US dollar currency pair continues to trade in the correction structure channel target at 0.7440. At the moment, the market formed a figure of continued growth around 0.7383, which confirms the potential to reach 0.7440. After its development, consider the beginning of the development of another wave of decline by 0.7272. And with the breakdown of this level down, the potential for lowering to 0.7200 will open. BRENT Oil trades in the growth wave structure to the level of 72.55. After working it out, consider the probability of developing another structure of decline by 69.07. Next, we expect the beginning of a wave of growth to the level of 77.33. GOLD Gold worked a decline to 1806.40. At the moment, the market has formed a consolidation range around it and is trading down today. In case of breakdown of 1797.00, the potential for reduction to 1780.80 will open. The target is local. S – local. Back to a spiskuvnimaniye! Forecasts of financial markets are the private opinion of their authors. The current analysis is not a guide to trade. RoboForex is not responsible for the results of the work that may arise when using the trading recommendations from the submitted reviews.