I welcome my fellow merchants! I’ve made a value forecast for US Crude, XAUUSD, and EURUSD utilizing a mix of margin zones methodology and technical evaluation. Based available on the market evaluation, I recommend entry indicators for intraday merchants.
The oil value continues falling and will break by means of the low of February 17 quickly.
Oil value forecast for immediately: USCrude evaluation
The oil value continues falling and will break by means of the low of February 17 quickly. If the low is damaged by means of, the worth might consolidate under the important thing help of the short-term uptrend 75.79 – 75.29. If so, the development will flip down, and will probably be related to promote oil with a goal on the decrease Target Zone 70.84 – 69.85.
If the margin zone 75.79 – 75.29 shouldn’t be damaged out and there’s a purchase sample, you would enter a protracted commerce with a goal on the excessive of February 13.
USCrude buying and selling concepts for immediately:
Buy in response to the sample at help (В) 75.79 – 75.29. TakeProfit: 80.72. StopLoss: in response to the sample guidelines.
Gold forecast for immediately: XAUUSD evaluation
Gold continues buying and selling within the short-term downtrend. If the Gold Zone is damaged out, the worth will go under the low of February 17. The subsequent draw back goal would be the Target Zone 1796 – 1789.
However, if the Gold Zone is held up, the upward correction will begin, and the worth will attain resistance (А) 1859 – 1855. In this resistance zone, one might enter new promote trades with a goal on the low of February 7.
XAUUSD buying and selling concepts for immediately:
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Sell in response to the sample at resistance (А) 1859 – 1855. TakeProfit: 1819. StopLoss: in response to the sample guidelines.
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Sell in response to the sample at resistance (В) 1879 – 1874. TakeProfit: 1819. StopLoss: in response to the sample guidelines.
Euro/Dollar forecast for immediately: EURUSD evaluation
The EURUSD is buying and selling within the short-term downtrend. The draw back goal is the low of February 17. If the worth breaks by means of the low of February 17 and breaks out the Gold Zone 1.0609 – 1.0598, the market will proceed falling to the Target Zone 1.0503 – 1.0481.
I like to recommend getting into new promote trades on the correction to the robust resistance ranges, resembling resistance (А) 1.0729 – 1.0718 and resistance (В) 1.0787 – 1.0771. The draw back goal is the low of February 17.
EURUSD buying and selling concepts for immediately:
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Sell in response to the sample at resistance (А) 1.0729 – 1.0718. TakeProfit: 1.0615. StopLoss: in response to the sample guidelines.
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Sell in response to the sample at resistance (В) 1.0787 – 1.0771. TakeProfit: 1.0615. StopLoss: in response to the sample guidelines.
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Price chart of USCRUDE 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.
