Short-term analysis for oil, gold, and EURUSD for 17.08.2023

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.

The EURUSD short-term downtrend continued yesterday.

Oil price forecast for today: USCrude analysis

The oil price broke out the key support of the short-term uptrend 79.95 – 79.52. The short-term trend turned down. The downside target is the lower Target Zone 75.60 – 74.73.

I suggest entering sell trades on the correction at resistance (А) 81.77 – 81.48 and resistance (В)… Read full author’s opinion and review in blog of #LiteFinance