Short-term analysis for oil, gold, and EURUSD for 04.08.2023
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.
Euro is trading down in the short term.
Oil price forecast for today: USCrude analysis
The long trades entered at support (А) 79.25 – 78.96 yielded profits yesterday. The price reached the Target Zone 82.21 – 81.63. If the price breaks out the TZ today, the next upside target will be the Gold Zone 84.82 – 84.53.
If the TZ is held down, the… Read full author’s opinion and review in blog of #LiteFinance
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