Technical analysis on 19.03.2021

19.03.2021 EURUSD Euro Currency pair against the US dollar has formed a consolidation range around the level of 1.1944 and with profitability continued to adjust to 1.1903. Today we expect it to rise to 1.1944. Moreover, the link of the inheritance to 1.1925 is not excluded. Next, consider continuing to rise to 1.2020. GBPUSD Pound currency to US dollar trades at 1.3888. At the end of the year, we expect it to rise to 1.3944. And with the division of this level upwards will open up growth potential to 1.4055. USDRUB US dollar currency pair against the Russian ruble continues to develop a wave of growth to 74.41. This is seen as a correction. At its conclusion, we expect to start the next wave of decline to 72.30. USDJPY Japanese dollar currency pair to the Japanese yen continues to form a consolidation range around the level of 109.02. We expect today’s drop to 108.70. Then there is the increase to 109.02. With the range up, it will open up growth potential to 109.44. From the way down, it is possible to fall to the level of 107.50. USDCHF currency pair of the U.S. dollar to the Swiss franc continues to form a consolidation range around the level of 0.9250. Today we expect a drop to 0.9186. Then – increase to 0.9250. With the range going down it will open up the potential to fall to 0.9050. AUDUSD The Australian dollar against the US dollar continues to form a consolidation range around 0.7789. It is expected to rise to 0.7729. Next – up to 0.7861. BRENT Oil rose to 65.50 and dragged the tide to 61.35. Practically develops the continuation of correction. Today, we expect growth to be paired with 65.45. Then – reduction to 60.00. This level is considered the minimum corrective. Then – increase to 65.50. GOLD Gold trades in correction. The local target is 1720.00. Subsequently, the technical return to 1736.40 (test from below). Today, we expect the next reduction structure to be 1717.70. Next – up to 1740.00. S’P 500 Stock Index broke down 3940.0. Today, the market continues to fall to 3904.0. After working out this level, we expect an increase to 3940.0 (test from below). Then – decrease to 3888.0. 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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