RoboForex - Analytics

RoboForex

887.75 5.25/10
79% of positive reviews
Real
How to join the service?

Forex Technical Analysis & Forecast 15.01.2021

EURUSD, “Euro vs US Dollar”

After finishing the descending wave at 1.2111 and then ascending structure towards 1.2170, EURUSD is consolidating below the latter level. If later the price grows and breaks to the upside at 1.2170, the market may start a new growth with the target at 1.2230; if to the downside – form a new descending structure to break 1.2111 and then continue trading downwards to reach 1.2050.

Forex Technical Analysis & Forecast 15.01.2021 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 completing the ascending wave at 1.3702, GBPUSD is consolidating below this level. Possibly, the pair may start a new decline to break 1.36540 and then continue falling towards 1.3570.

Forex Technical Analysis & Forecast 15.01.2021 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 is falling; right now, it is trading not far from the downside border of the range at 73.30. If later the price breaks this range to the downside, the market may start a new decline with the short-term target at 72.23; if to the upside – form one more ascending structure to reach 75.00 and then resume moving within the downtrend towards 72.00.

Forex Technical Analysis & Forecast 15.01.2021 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 finishing the descending wave at 103.55, USDJPY is expected to break this level downwards and start a new decline to with the target at 103.40. Later, the market may resume trading upwards to reach 104.60.

Forex Technical Analysis & Forecast 15.01.2021 USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

USDCHF is still consolidating around 0.8877 and has equal chances to expand this range both upwards and downwards, to reach 0.8922 and 0.8840 respectively. If the price rebounds from the latter level, the market may resume trading within the uptrend with the target at 0.9000.

Forex Technical Analysis & Forecast 15.01.2021 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 rebounding from 0.7725, AUDUSD has complete the ascending structure towards 0.7788; right now, it is falling to return to 0.7725. Later, the market may break the latter level to the downside and then start another decline with the target at 0.7666.

Forex Technical Analysis & Forecast 15.01.2021 AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

Brent is consolidating around 56.00. Possibly, today the asset may expand the range up to 56.68 and then form a new descending structure towards 54.60. After that, the instrument may start another growth to break 57.30 and then continue trading upwards with the target at 58.00.

Forex Technical Analysis & Forecast 15.01.2021 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 above 1837.40; right now, it is moving towards the upside border at 1863.44. If later the price breaks this level to the upside, the market may form one more ascending structure to reach 1897.30. However, if the asset falls and breaks 1837.40 to the downside, the instrument may resume falling with the target at 1814.88.

Forex Technical Analysis & Forecast 15.01.2021 GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BTCUSD, “Bitcoin vs US Dollar”

After finishing the ascending wave at 39800.00, BTCUSD is correcting towards 36000.00. After that, the instrument may start a new growth to reach 40500.00 and then resume trading downwards to with the first target at 30000.00.

Forex Technical Analysis & Forecast 15.01.2021 BITCOIN
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

S&P 500

After failing to fix above 3818.9 and continue rising, the S&P index is falling to reach the downside border of the range at 3780.0. If later the price falls and breaks 3784.4 to the downside, the market may continue trading downwards with the short-term target at 3744.4.

Forex Technical Analysis & Forecast 15.01.2021 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