Short-term analysis for oil, gold, and EURUSD for 18.08.2023

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.

The EURUSD short-term downtrend continued yesterday.

Oil price forecast for today: USCrude analysis

The oil price is still trading down in the short term. The market was corrected up yesterday. If the correction continues today, the price will reach resistance (А) 81.77 – 81.48. One could enter sell trades in the first resistance zone with a target at yesterday’s low.

If… Read full author’s opinion and review in blog of #LiteFinance