Short-term analysis for oil, gold, and EURUSD for 12.01.2024

I welcome my fellow traders! I have made a price forecast for the USCrude, 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 euro is approaching resistance (B) 1.1015 – 1.1002.

Oil price forecast for today: USCrude analysis

Oil continues to trade in a flat between resistance 74.81 – 74.31 and support 71.26 – 70.76. Today, the price is approaching resistance. If resistance is held, consider sales with the target at support.

If the resistance 74.81 – 74.31 is broken out upside, the… Read full author’s opinion and review in blog of #LiteFinance