RoboForex - Analytics

RoboForex

872.75 5.25/10
79% of positive reviews
Real
How to join the service?

Forex Technical Analysis & Forecast 13.01.2021

EURUSD, “Euro vs US Dollar”

After forming a new consolidation range below 1.2180 and breaking it to the upside, EURUSD is still correcting with the short-term target at 1.2222. Later, the market may resume trading downwards to test 1.2180 from above and then start another growth to complete the correction at 1.2230. After that, the instrument may form a new descending structure with the target at 1.2111.

Forex Technical Analysis & Forecast 13.01.2021 EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

After breaking 1.3570 to the upside, GBPUSD is still growing towards 1.3694. Later, the market may start another decline to break 1.3570 and then form a new descending structure with the target at 1.3451.

Forex Technical Analysis & Forecast 13.01.2021 GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has completed the descending structure at 73.73. Possibly, today the pair may form a new consolidation range around this level. If later the price breaks this range to the downside, the market may resume falling with the short-term target at 72.23.

Forex Technical Analysis & Forecast 13.01.2021 USDRUB
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

After breaking 104.00 to the downside, USDJPY has reached the short-term downside target at 103.54. Today, the pair may form one more ascending structure towards 103.92 and then start a new decline to reach 103.44. Later, the market may resume trading upwards with the target at 104.64.

Forex Technical Analysis & Forecast 13.01.2021 USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

After forming a new consolidation range above 0.8879 and breaking it to the downside, USDCHF is still falling towards 0.8844. After that, the instrument may form one more ascending structure to return to 0.8879 and then start a new decline with the target at 0.8840.

Forex Technical Analysis & Forecast 13.01.2021 USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

After completing the ascending wave at 0.7770, AUDUSD is consolidating around this level. If later the price breaks this range to the downside, the market may form a new descending structure to break 0.7713 and then continue trading downwards with the short-term target at 0.7650.

Forex Technical Analysis & Forecast 13.01.2021 AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Brent has finished the ascending wave at 57.00. Possibly, today the asset may consolidate above this level. After that, the instrument may break the range to the downside to start a new correction towards 55.00 and then form one more ascending structure with the target at 57.50.

Forex Technical Analysis & Forecast 13.01.2021 BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

Gold is still consolidating around 1840.60. Today, the metal may break 1857.50 and then grow with the target at 1878.97. Later, the market may form a new descending structure to test 1857.50 from above and then resume trading upwards to reach 1897.30.

Forex Technical Analysis & Forecast 13.01.2021 GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD is trading to break 33500.00 to the downside and may later continue falling towards 30900.00. After that, the instrument may return to test 33500.00 from below and then resume trading downwards with the target at 30000.00.

Forex Technical Analysis & Forecast 13.01.2021 BITCOIN
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

S&P 500

The S&P index is still consolidating above 3784.9 without any particular direction. Possibly, the asset may break the range to the downside and resume falling with the short-term target at 3745.0. After that, the instrument may return to 3784.0 to test it from below and then continue trading downwards to reach 3738.3.

Forex Technical Analysis & Forecast 13.01.2021 S&P 500
Risk Warning: the result of previous trading operations do not guarantee the same results in the future


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree