Short-term analysis for oil, gold, and EURUSD for 20.10.2023

I welcome my fellow traders! I have made a price forecast for 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 EURUSD is trading in the short-term uptrend.

Oil price forecast for today: USCrude analysis

The short-term oil trend continued yesterday. The price tested support (А) 85.19 – 84.86 and continued growing, exceeding the high of October 18. The next upside target is the Target Zone 91.50 – 90.51.

It is relevant to enter new purchases on the corrections to support (А) 86.08 -… Read full author’s opinion and review in blog of #LiteFinance