Analysis

The euro continues to trade in a short-term downtrend. Market participants tested the trend’s key resistance of 1.1051 – 1.1035 yesterday. The zone was held by sellers, so quotes declined and reached the first sell target near 1.0965. The second sell target is 1.0879. The correction may continue today, with market participants retesting the trend’s key resistance. […]

Gold’s short-term downtrend continued yesterday, reaching all sell targets from resistance (А) 3048 – 3041. The lower Target Zone 2957 – 2936 was reached, too. There was heavy selling in that area, and the price then corrected upward. If the correction continues today, expect the price to test resistance (А) 3033 – 3026. Once this

Yesterday, oil prices corrected up to the key resistance area of the short-term downtrend, at 63.03 – 62.64. As sellers held that area, the price declined and reached the first sell target of 60.90. The next sell target is yesterday’s low near 58.75. If resistance (В) 63.03 – 62.64 is broken to the upside today, the short-term

The euro remained in a short-term uptrend yesterday, and the Gold Zone 1.1017 – 1.1006 was broken out. The price then reached the next growth target — the Target Zone 1.1131 – 1.1110. This zone was held by sellers, triggering a downside correction during the U.S. trading session. As part of this correction, support (A) 1.1042 – 1.1032

Gold corrected downward yesterday, to the support area (B) 3062 – 3052. The zone wasn’t broken out, and the asset started to grow, quickly reaching the first buy target at around 3109. As that level was held, further growth remains uncertain. If the price continues to trade below the 3109 level, it is likely to resume

Yesterday, oil prices broke below the key support of a short-term uptrend at 67.53 – 67.09, thus reversing the trend to the downside. So, consider selling the asset with a target in the lower Target Zone of 63.13 – 62.25. New shorts could be opened once strong resistance levels — resistance (А) 68.51 – 68.25 and (В) 69.93

The euro reached the first bearish target after hitting the resistance 1.0362 – 1.0348 yesterday. After that, the price started to grow and broke through this resistance. Besides, the asset closed higher in the US trading session. As a result, the short-term downtrend has reversed. For the remaining week, consider long trades at the support (A) 1.0295

Gold continues to strengthen within the short-term uptrend. The price pierced the Gold Zone 2819 – 2813 yesterday. The next bullish target is the Target Zone 2, 2882 – 2871. Consider holding long trades open until the asset reaches the target. If a correction unfolds, the quotes may drop to the support (A) 2800 – 2794.

Oil is maintaining its short-term downtrend. Yesterday, a correction started. If it continues today, the price may climb to the resistance (A) 74.04 – 73.71. Once this zone is reached, one may consider short trades with the first target of 72.22 and the second one near yesterday’s low of 70.41. If the asset breaks through the

The euro is testing the short-term uptrend’s key support 1.0395 – 1.0381 but cannot pierce it. Consequently, consider long trades today. The first bullish target will be 1.0457, and the second one will be the January 27 high near 1.0533. If the asset breaks through the support (B) 1.0395 – 1.0381 today, the uptrend will reverse. In