Short-term Analysis for Oil, Gold, and EURUSD for 20.08.2024

1 min read

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.

Oil has corrected to the key support.

Highlights and key points

USCrude: oil is trying to consolidate below the key support (B) 73.80 – 73.30.

XAUUSD: gold is still maintaining its short-term uptrend. If a correction emerges, one may consider long trades.

EURUSD: the euro’s short-term uptrend continued today. As a result, the price has broken through the Target Zone 1.1054… Read full author’s opinion and review in blog of #LiteFinance

You May Also Like

More From Author

+ There are no comments

Add yours