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Short-term analysis for oil, gold, and EURUSD for 11.05.2023 | LiteFinance

Short-term analysis for oil, gold, and EURUSD for 11.05.2023

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 oil short-term uptrend continues.



Oil price forecast for today: USCrude analysis

The oil short-term uptrend continues. The oil traders are trying to break out the Target Zone 73.53 – 72.66. If the price breaks out the TZ and consolidates above, the next upside target will be the Gold Zone 75.85 – 75.56.

It is relevant to enter new purchases at... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3HWykbi