Forexpamm

Technical analysis on 22.03.2021

22.03.2021 EURUSD euro currency pair against the US dollar continues to expand the scope of consolidation around the level of 1.1944. Today, the market remains close to the lower limit. We expect growth to be 1.1944. And with this level broken down, it will open up growth potential to 1.2020. The goal is the first. GBPUSD Pound currency pair to US dollar is traded in terms of consolidation around 1.3862. The main scenario is to consider an increase to 1.4000. And with its eruption upwards, the growth potential will open up to 1.4217. The target is local. USDRUB US dollar currency pair to Russian ruble continues to expand the scope of consolidation around the level of 74.00. Today, it is not excluded from extending its range to 74.45. Next, consider the probability of a correction to 73.50. USDJPY THE CURRENCY PAIR OF THE US DOLLAR TO THE JAPANESE YEN continues to form a consolidation range around 108.77. We expect it to drop to 108.50 today. Next ā€“ rise to 108.77. Then we expect a drop to 107.55. USDCHF US dollar currency pair to Swiss franc continues to form a consolidation range around the level of 0.9260 without a clear trend. Today we expect a drop to 0.9186. Then ā€“ increase to 0.9250. With the range going down it will open up the potential for a reduction to 0.9050. AUDUSD A pair of Australian currencies The dollar against the US dollar has worked a wave of growth to 0.7844. Today, the market has revised up to 0.7729. We expect another increase to 0.7844. And with its distribution it will open up growth potential to 0.7989. The target is local. BRENT Oil is trading in the growth structure to 65.50 (test from below). Then we expect a drop to 60.00. The goal is the first. After reaching this level, we expect a correction to 65.50. GOLD Gold forms a consolidation range around 1741.30. Today we expect a combination of growth to 1763.30. Subsequently, the correction is not excluded until 1741,44. Next ā€“ rise to 1783.96. The target is local. Sā€™P 500 The stock market index traded lower to 3888.0 and is trading at 3,940.4 today. Once this level has been developed, we expect to see the scope of consolidation around it. With the development of production, growth potential will open up to 4000.0. With delay, a correction of 3777.0. 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.