I welcome my fellow merchants! I’ve made a value forecast for US Crude, XAUUSD, and EURUSD utilizing a mixture of margin zones methodology and technical evaluation. Based available on the market evaluation, I counsel entry alerts for intraday merchants.
Gold is buying and selling within the short-term downtrend.
Oil value forecast for immediately: USCrude evaluation
The oil short-term uptrend continues; the upside goal is Target Zone 84.03 – 82.98. I like to recommend coming into purchases after the false breakout of the low of February 17. The first upside goal is the excessive of February 13.
If the important thing assist 75.79 – 75.29 is damaged out and the worth consolidates under, the short-term pattern will flip down. In this case, it will likely be related to promote oil with a goal on the decrease Target Zone 70.84 – 69.85.
USCrude buying and selling concepts for immediately:
Buy in line with the sample at assist (В) 75.79 – 75.29. TakeProfit: 80.72. StopLoss: in line with the sample guidelines.
Gold forecast for immediately: XAUUSD evaluation
Gold is buying and selling within the short-term downtrend. The value hasn’t damaged out the Gold Zone 1830 – 1827, so the worth is being corrected. A potential correction goal is resistance (A) 1859 – 1855. When resistance (A) is reached by the worth, it will likely be related to enter new promote trades with a goal on the low of February 17.
If the worth breaks out resistance (A), the worth will go as much as resistance (B) 1879 – 1874. This is the pattern border, the place one can also enter promote trades.
XAUUSD buying and selling concepts for immediately:
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Sell in line with the sample at resistance (А) 1859 – 1855. TakeProfit: 1819. StopLoss: in line with the sample guidelines.
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Sell in line with the sample at resistance (В) 1879 – 1874. TakeProfit: 1819. StopLoss: in line with the sample guidelines.
Euro/Dollar forecast for immediately: EURUSD evaluation
The EURUSD downtrend continues. Traders tried to achieve resistance (A) 1.0729 – 1.0718 yesterday however failed. Buyers may attempt to take a look at this zone once more. Once the resistance (A) is examined by the worth, I like to recommend promoting the instrument in line with the sample with a goal on the low of February 17.
The pattern border is within the resistance zone of 1.0787 – 1.0771. If the pattern border is reached as part of the correction, one may additionally enter new promote trades.
EURUSD buying and selling concepts for immediately:
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Sell in line with the sample at resistance (А) 1.0729 – 1.0718. TakeProfit: 1.0615. StopLoss: in line with the sample guidelines.
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Sell in line with the sample at resistance (В) 1.0787 – 1.0771. TakeProfit: 1.0615. StopLoss: in line with the sample guidelines.
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Price chart of XAUUSD in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.
