Hello, my fellow traders! Here's my forecast for US Crude, XAUUSD, and EURUSD made using margin zones and classical technical analysis. Based on this analysis, I made a list of entry signals for intraday traders.
The euro is trading in an expanding range.
Oil Forecast for today: USCrude analysis
Oil is testing the key resistance of a short-term downtrend at 69.32 - 68.87. That zone isn't broken, so we can open short trades there today, with a target at 20 March's low. To start selling, we need a reversal pattern.
Market participants must break out at 69.32 and consolidate positions... Read full author’s opinion and review in blog of #LiteFinance
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