Short-term analysis for oil, gold, and EURUSD for 08.08.2023

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.

EURUSD is trading in the short-term downtrend.

Oil price forecast for today: USCrude analysis

The oil price has not broken out the upper Target Zone 82.21 – 81.63. The price is being corrected down currently and could reach support (А) 79.99 – 79.70. When this zone is reached, one could enter new purchases with a target at yesterday’s high.

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

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