Analysis

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 […]

Gold is trading in a short-term downtrend. Yesterday, the price broke through the Gold Zone 2570 – 2564. The next bearish target is the Target Zone 2510 – 2498. Now, the asset is trying to correct upward. If the correction proceeds, the price may test the resistance (A) 2600 – 2594. Once this zone is tested,

Oil continues to trade in a short-term downtrend. The main bearish target is 66.56. If the price pierces this level, the asset may test the Gold Zone 65.93 – 65.63. An alternative scenario suggests that the quotes will rise above 69.28. In this case, the correction may continue to the level of 72.00. If the price

The euro has touched the resistance (A) 1.0884 – 1.0873 during an upward correction but failed to settle above it. Therefore, consider short trades with the first target of 1.0822. If the asset pierces the 1.0822 level from above, the price may continue to fall with the target of 1.0761. If the euro breaks through the resistance

Gold traded in a correction yesterday and reached the support (A) 2735 – 2729 but failed to pierce it. Today, the price has approached the first bullish target near 2759. Consider closing some of the long trades, placing the rest at the breakeven level. If the asset breaks through the 2759 level today, the growth will continue

Yesterday, oil continued its correction and hit the resistance (A) 70.19 – 69.86. If the price fails to settle above this area today, the decline will continue to the first target of 68.37 and the second one of 66.56. If bulls manage to hold the price above the resistance (A), the correction will extend to the resistance

The euro continued its correction yesterday. As a result, the price has approached the resistance (A) 1.0884 – 1.0873. If the asset tests this zone, consider short trades with the first target of 1.0822 and the second one of 1.0761. If the price breaks through the resistance (A) today, the correction will extend to the resistance (B)

Yesterday, gold hit the Gold Zone 2789 – 2784 but failed to pierce it. Today, the price is correcting downward. If the correction persists, the quotes may fall to the support (A) 2735 – 2729. Consider long trades near this zone with the main target at today’s high. If the asset breaches the support (A), the price will

Oil has started a correction with the target at the resistance (A) 70.19 – 69.86. Once this area is reached, consider short trades with the first target of 68.37 and the second one of 70.86. If the price breaks through the resistance (A) today, the correction will continue to the resistance (B) 72.01 – 71.51. USCrude

The euro is maintaining its short-term downtrend. The price is testing the Target Zone 1.0794 – 1.0777. Since the asset has failed to break through this zone, an upward correction may start with the targets at the resistance (A) 1.0884 – 1.0873 and resistance (B) 1.0946 – 1.0929. Once these zones are reached, one may consider short trades,