Analysis for oil, gold, and EUR/USD for 30.06.2020

Oil price forecast for today: USCrude analysis

Last week, oil buyers were testing the resistance at Target Zone 5 [41.67 – 40.92]. They haven’t broken the zone out or consolidated the price above. As a result, the price is now being corrected. The correction target is likely to be the trend key support [33.64 — 32.86].

Let us analyze the short-term oil price chart. The short-term trend is up. Yesterday, the price reached the intraday resistance Additional Zone [39.06 – 38.87] and drew a 1-2-3 buy pattern.

Today, we can trade this pattern and enter oil buy trades with the target…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>