Short-term analysis for oil, gold, and EURUSD for 03.02.2022

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, the euro reached the upper Target Zone 1.1315 – 1.1297 as part of a short-term uptrend.

Oil price forecast for today: USCrude analysis

Yesterday, the oil local high was updated again. Level 88.69, which serves as the upper border of Target Zone 2, was also tested. However, the buyers failed to break out the TZ 2. At the close of the… Read full author’s opinion and review in blog of #LiteForex