Short-term analysis for oil, gold, and EURUSD for 31.01.2024

BY admin admin

I welcome my fellow traders! I have made a price forecast for the USCrude, 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 euro continues to trade in a short-term downtrend.

Oil price forecast for today: USCrude analysis

Yesterday, the oil price tested support (A) 75.87 – 75.54. The price began to rise in this zone. If growth continues today, January 29 high will be updated.

However, if the price decreases during today's trading, expect a breakout of support (A). In this case,… Read full author’s opinion and review in blog of #LiteFinance

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