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Short-term analysis for oil, gold, and EURUSD for 12.05.2023 | LiteFinance

Short-term analysis for oil, gold, and EURUSD for 12.05.2023

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.

Oil is being corrected in the short-term uptrend and is about to reach support (А) 70.89 – 70.60.



Oil price forecast for today: USCrude analysis

Oil is being corrected in the short-term uptrend and is about to reach support (А) 70.89 – 70.60. One could enter new purchases in the first support zone with a target at the high of May... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/42GTxhq