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 downtrend in oil continues.
The article covers the following topics:
Today’s Oil Price Forecast: USCrude analysis
Short term oil downtrend continues. Yesterday traders broke zone 2 target 104.62 – 103.79 within trend. Next target for sell is Gold Zone 2 100.45 – 100.03.
On June 22nd and 23rd, traders tested the resistance of the main trend at 105.71 – 105.29. Resistance was held, so today’s short trading with the first target at the June 22 low was a thing. first priority
to enter the purchase of oil Traders will need to separate the Intermediary Zone and consolidate the prices of the US session higher. In this case, the short-term trend will reverse. And the target for buying will be the target zone on 110.30 – 109.47.
USCrude trading ideas for today:
Stop the trade entered in the mediation zone 105.71 – 105.29. Take profit: 101.18. Stop loss: 106.55.
Gold Price Forecast Today: XAUUSD Analysis
Gold is trading in the short term uptrend. The fix is unfolding right now. part of the adjustment Traders are ready to test the Intermediary Zone 1821 – 1817 which serves as the border of the short term uptrend. Therefore, while the trading price increases Look for long trades with the first target high June 16. The second target for buying is the target zone on 1884 – 1877.
to enter a sell and reverse the trend Traders have to break through the 1817 level and consolidate the bottom price at the US session. In this case, the short-term trend reverses. And the sales target will be at the lower Target Zone 1785 – 1778.
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 short-term uptrend of the euro continues. Yesterday, the price corrected in the middle region 1.0509 – 1.0500. IZ was held because this zone acts as the main support. Consider buying according to the pattern with the highest target of 22 Jun.
If the purchase pattern does not appear The price will fall and consolidate below the 1.0500 level, the trend will reverse down. In this case, starting from the next trading day. Consider sales of Euros with a target in the target zone below 1.0413 – 1.0394.
EURUSD Trading Ideas For Today:
Buy according to the middle zone pattern 1.0509 – 1.0500 Take Profit: 1.0603. StopLoss: according to the pattern rules.
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USCRUDE price chart in real time mode
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