I welcome my fellow traders! I have forecasted the price of US crude oil, XAUUSD and EURUSD using a combination of margin zone method and technical analysis. from market analysis I recommend entry signals for intraday traders.
The short-term gold trend continues to rise.
The article covers the following topics:
Today’s Oil Price Forecast: USCrude analysis
Short-term oil trend key resistance at 110.76 – 110.35 persists, after which the downtrend continues. and the price fell to the target zone 2 104.62 – 103.79
Now the price is adjusting Possible correction target is 106.83 level. After testing, reconsider sales to update today’s lowest price.
If additional fields are broken apart Correction will continue with targets in the central zone 109.14 – 108.72.
USCrude trading ideas for today:
Sell pattern at 106.83 level, take profit: 104.62. StopLoss: according to pattern rules.
Sell according to the middle zone pattern 109.14 – 108.72 Take Profit: 104.62. StopLoss: according to the pattern rules.
Gold Price Forecast Today: XAUUSD Analysis
The short-term uptrend of gold continues. The fix is developing. The key support of the 1821–1817 trend serves as a correction target. after testing important support Reconsider buying on the pattern, aiming for a high of 16 Jun.
If the total price exceeds the June 16 high, growth will continue as targeted in the target zone on 1884 – 1877.
To enter a sell and reverse the trend Traders need to isolate the Intermediary Zone disadvantage and consolidate the lower price.
XAUUSD Trading Ideas For Today:
Buy according to the pattern in the Intermediary Zone 1821 – 1817 TakeProfit: 1857 StopLoss: according to the pattern rule.
Euro/dollar forecast for today: EURUSD analysis
The euro trades between Target Zone 1.0570 – 1.0550 and Intermediary Zone 1.0505 – 1.0495. The short-term trend is still up, however, there is no buying pattern. So keep following the market.
If the Intermediary Zone breaks during trading and the price consolidates lower in the US trading session The short-term trend reverses. In this case, start selling the Euro with a target in the Target Zone below 1.0409 – 1.0390.
EURUSD Trading Ideas For Today:
Buy according to the middle zone pattern 1.0505 – 1.0495 Take Profit: 1.0600. StopLoss: according to the pattern rule.
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XAUUSD price chart in real time mode
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