Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (April 24, 2026)

2026.04.24 2026.04.24 Short-Term Analysis for Oil, Gold, and EURUSD for 24.04.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold has broken below the support A…

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France April consumer confidence 84 vs 88 expected

French household sentiment worsened significantly in April with this being the lowest reading since May 2023. Of note, households’ opinion regarding their personal financial situation, both past and future, has clearly deteriorated. The index on the future financial situation fell to -20, marking its lowest estimate since March 2023. Inflation worries are evidently the biggest concern with opinion on…

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Aims to stabilize above 20-day EMA after three-day rally

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto gains near the weekly high around 99.00 in the Asian trade on Friday. The US Dollar (USD) reflects strength as oil prices remain elevated amid fears of a prolonged closure of the Strait of Hormuz, a critical passage to almost 20% of global…

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Holds above 186.50 to test nine-day EMA barrier

EUR/JPY inches higher after three days of gains, trading around 186.60 during Asian hours on Friday. The technical analysis of the daily chart indicates the currency cross is positioned slightly below the ascending channel, signaling potential for a bearish reversal. However, the EUR/JPY cross holds a constructive bullish bias as it remains above the 50-day Exponential Moving Average (EMA)…

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Goldman Sachs: Gulf crude production may mostly rebound quickly after Hormuz opens

Goldman Sachs estimates 57% of Gulf crude output was offline in April. A Hormuz reopening could restore most supply within months, but tanker shortages and well damage may slow recovery. (Reuters with the info) Summary Goldman Sachs estimates around 14.5 million bpd of Gulf crude output, roughly 57% of pre-war supply, was offline in April Shutdowns are largely precautionary…

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Japan Corporate Service Price Index (YoY) rose from previous 2.7% to 3.1% in March

Gold steadies around $4,700 during the Asian session on Friday, above a nearly two-week low set the previous day, though the upside potential seems limited. The US Dollar pauses after a three-day rally, offering some support to the bullion. However, the US-Iran standoff, elevated Oil prices, renewed inflationary concerns, and less dovish Fed expectations act as a tailwind for…

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Trump warns UK: drop digital services tax or face fresh tariffs

Trump threatens fresh UK tariffs unless London drops its 2% digital services tax on large US tech platforms. The levy raises £800m annually and has survived prior UK-US trade talks. Trump has threatened tariffs on the UK unless it scraps its Digital Services Tax The DST is a 2% levy on revenues from large digital platforms operating in the…

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