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Short-term analysis for oil, gold, and EURUSD for 02.05.2023 | LiteFinance

Short-term analysis for oil, gold, and EURUSD for 02.05.2023

I welcome my fellow traders! I have made a price forecast for US Crude, 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.

The EURUSD is trading in the short-term uptrend.



Oil price forecast for today: USCrude analysis

The oil short-term downtrend continues. The downside target is the low of April 28. It is relevant to sell close to resistance (А) 77.05 – 76.76 or resistance (В) 78.64 – 78.21.

If the low of April 28 is broken through, the next downside target will... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/40Ul1Pg