Analysis for oil, gold, and EUR/USD for 15.04.2020

USCrude – oil

There wasn’t a buy pattern in the middle-term uptrend. The key support has been broken out downside today. Now, the downside target is Target Zone 2 [17.69 – 17.13]. The border of the middle-term downtrend is in the zone of [27.23 — 26.56].

Oil is still trading in the short-term downtrend. Gold Zone [20.249 – 20.21] was tested yesterday. Traders are trying to break it out today. If they succeed, the next downside target Target Zone 2 [17.69 – 17.13].

Strong resistances are now:

Additional Zone [21.70 – 21.53].

Intermediary Zone [23.54 — 23.21].

One may enter…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>