Short-term forecast for oil, gold, and EURUSD for 28.01.2021

I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.

Yesterday, euro traders worked out the zone [1.2165 – 1.2146]. Traders showed an active reaction to the zone ahead of the Fed's interest rate decision.

Oil price forecast for today: USCrude analysis

Oil is correcting to a medium-term uptrend. A pattern is required for selling, and a breakout of level 51.88 is needed for pattern forming.

According to the margin zones, the oil… Read full author’s opinion and review in blog of #LiteForex