Analysis

The euro is trading in a short-term downtrend. If the price fails to break through the resistance (A) 1.0619 – 1.0608 today, one may consider short trades with the first target near 1.0557 and the second one near 1.0496. If the asset pierces the resistance (A), the correction will continue to the trend’s boundary 1.0681 – 1.0664. […]

Gold is testing the short-term downtrend’s key resistance 2631 – 2623. Consider short trades near this zone with the first target of 2584 and the second one near 2536. A stop-loss order can be placed above today’s high. If the asset settles above the resistance 2631 – 2623 today, the short-term downtrend will reverse. In this

Yesterday, oil reached the resistance (A) 69.84 – 69.54 but remained below this zone. Thus, today, the quotes may decline to the first target of 68.18 and the second one near 66.51. If the price grows and breaks through the resistance (A), the correction will continue to the resistance (B) 71.51 – 71.05, the short-term downtrend’s boundary.

Yesterday, the euro traded in an upward correction within a short-term downtrend. The price tried to test the resistance (A) 1.0619 – 1.0608. However, the asset has remained below this zone. Therefore, the quotes may reach it today. Once the resistance (A) is hit, consider short trades with the first target of 1.0557 and the second one

Gold has touched the resistance (B) 2631 – 2623 within an upward correction. Consider short trades near this zone within the short-term downtrend with the first target of 2584 and the second one near 2536. If the price pierces the resistance (B) today, the short-term downtrend will reverse. In this case, consider long trades with the target

Yesterday, oil started an upward correction. If the correction continues today, the price may test the resistance (A) 69.84 – 69.54. Once this zone is tested, consider short trades with the first target of 68.18 and the second one of 66.51. If the asset breaks through the resistance (A) today, the correction will extend to the resistance

As of Monday morning, the euro is still trading in a short-term downtrend. The main target within the trend is the Gold Zone 1.0458 – 1.0446. Consider short trades at the resistance (A) 1.0619 – 1.0608 and resistance (B) 1.0681 – 1.0664. Once these zones are reached, consider short trades with the first target of 1.0557 and

Gold is trading in a correction within the short-term downtrend. Today, the price has tested the resistance (A) 2600 – 2594. Consider short trades near this zone with the first target of 2568 and the second one near 2536. If the price pierces the resistance (A) from below today, the correction will continue to the resistance

Oil has reached all bearish targets within the short-term downtrend today. The price has dropped below the October 29 low. The next target can be the Gold Zone 65.93 – 65.63. Consider short trades on a correction at the strong resistances. The resistance (A) 69.84 – 69.54 is the nearest. Once the price hits this zone, consider

The euro continued to trade in a short-term downtrend yesterday. As a result, the price has pierced the Target Zone 1.0570 – 1.0547. The next bearish target is the Gold Zone 1.0458 – 1.0446. Consider short trades on a correction at the resistance (A) 1.0619 – 1.0608 or resistance (B) 1.0681 – 1.0664. The price should break