Short-term forecast for oil, gold, and EURUSD for 03.02.2021

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.

Several important reports on the eurozone economic indicators are published today, which could push the euro to a further decline.



Oil price forecast for today: USCrude analysis

The oil is trying to consolidate above Target Zone 4 [54.72 - 54.21]. If successful, the next growth target will be Target Zone 5 [59.82 - 59.31]. The trend key support is shifting to the zone of... Read full author’s opinion and review in blog of #LiteForex