Short-term forecast for oil, gold, and EURUSD for 01.02.2021

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.

Euro is correcting to the medium-term downtrend. The target of the correction is to test the key resistance [1.2229 – 1.2213]. 

Oil price forecast for today: USCrude analysis

The medium-term chart shows that oil is trading in the medium-term uptrend. The growth target is Target Zone 4 [54.72 – 54.21]. Wait for a correction to enter purchases at favorable prices.

Let's take a look at the chart… Read full author’s opinion and review in blog of #LiteForex