Welcome to my fellow traders! I have forecasted the price of USCrude (XAUUSD), EURUSD and XAUUSD by combining margin zones and technical analysis. I have suggested intraday trading signals based on my analysis of the market.
Yesterday, the short-term oil price trend began to decline.
USCrude Analysis: Oil Price Forecast for Today
Oil’s short-term trend has reverted downward. The price broke out support (В) 84.66 – 84.16 yesterday. The downside target is now the Target Zone 79.71 – 78.72. It is relevant to enter new sell trades on the correction to resistance (А) 86.37 – 86.04 or resistance (В) 88.19 – 87.69…. Read full author’s opinion and review in blog of #LiteFinance