Short-term analysis for oil, gold, and EURUSD for 16.01.2024

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 price is falling as part of a short-term downtrend.

Oil price forecast for today: USCrude analysis

Oil continues trading in the range of 74.81 – 70.76. Last Friday, the upper limit of the range was tested. Now the price is falling. The lower limit of the range of 71.26 – 70.76 serves as the sales target. After reaching this zone,… Read full author’s opinion and review in blog of #LiteFinance