Greetings colleagues, I have made a forecast on such assets as US Crude, XAUUSD and EURUSD using a combination of margin zone techniques and classical technical analysis. Based on this analysis, I have generated a list of trade entry signals for intraday traders.

Euro is correcting within the framework of a short-term uptrend.

OIL OUTLOOK FOR TODAY: USCRUDE ANALYSIS

The short-term trend in oil remains upward. The growth target is the target zone 84.17 – 83.12. On Friday last week we could observe a sharp price correction to the support area (A) 79.17 – 78.82. This support was not broken, so today I suggest to consider long positions from this zone with the target at the maximum of January 23.

If support (A) is broken downward during the trades, the correction will continue to the support area (B) 77.42 – 76.89. This area is the trend boundary.

TODAY’S USCRUDE TRADING DECISIONS: Buy on the pattern from the support (A) 79.17 – 78.82. TakeProfit: 82.63. StopLoss: according to the pattern rules. Buy on the pattern from the support (B) 77.42 – 76.89. TakeProfit: 82.63. StopLoss: according to the pattern rules. GOLD TODAY Prediction: XAUUSD ANALYSIS

The short-term uptrend in gold is still in place. Last week market participants tested the support (A) 1914 – 1911. The zone was held, after its test the buyers formed an upward impulse.

Accordingly, today we can consider long positions from support (A) with the target at the high of January 26. To open long positions we need to wait for a corresponding pattern, for example, a “false breakdown” of the low of January 27.

The trend boundary is shifting to the levels of 1897 – 1892.

TODAY’S TRADING DECISIONS ON XAUUSD: Buy on the pattern from the support (A) 1914 – 1911. TakeProfit: 1948. StopLoss: according to the pattern rules. Buying on the pattern from the support (B) 1897 – 1892. TakeProfit: 1948. StopLoss: according to the pattern rules. EURUSD TODAY Prediction: EURUSD ANALYSIS

The Euro is correcting within the short-term uptrend. A test of the support (A) 1.0823 – 1.0812 is a likely target of the correction. After the test of the support, I suggest considering new purchases with the target at the high of January 26. If the high of January 26 is updated, the target zone of 1.0985 – 1.0964 will be the next buying target.

If support (A) is broken downward during the correction, the correction will continue to the area of the trend boundary 1.0770 – 1.0754. Long positions can also be considered from this area.

EURUSD TODAY’S TRADING DECISIONS: Buy on the pattern from support (A) 1.0823 – 1.0812. TakeProfit: 1.0927. StopLoss: according to the pattern rules. Buy the pattern from the support (B) 1.0770 – 1.0754. TakeProfit: 1.0927. StopLoss: according to the pattern rules.
*** Translated with www.DeepL.com/Translator (free version) ***