Short-term analysis for oil, gold, and EURUSD for 25.08.2022

I welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.

Yesterday, euro trades in the Intermediary Zone 1.0016 – 1.0005 yielded profits.

The article covers the following subjects:

Oil price forecast for today: USCrude analysis

Yesterday, a short-term oil uptrend continued. As a result, the Additional Zone 92.91 – 92.70 worked out and the Target Zone 94.83 – 93.97 was broken out.

The next target for purchases is the Gold Zone 98.70 – 98.27. Consider new oil purchases on correction at strong support levels, Additional Zone 93.34 – 93.13 and Intermediary Zone 91.19 – 90.76.

To open a long trade, wait for the price to correct to the abovementioned levels and then look for a reversal buy pattern. Focus on today’s high as the first take-profit target.

USCrude trading ideas for today:

  1. Buy according to the pattern in Additional Zone 93.34 – 93.13. TakeProfit: 95.40. StopLoss: according to the pattern rules.

  2. Buy according to the pattern in Intermediary Zone 91.19 – 90.76. TakeProfit: 95.40. StopLoss: according to the pattern rules.


Gold price forecast for today: XAUUSD analysis

As part of an upward correction in a short-term downtrend, the gold reached the Intermediary Zone 1763 – 1760. The IZ serves as the trend’s border. There, I recommend looking for a pattern to enter sales with a target at August 22 low.

To enter purchases, a trend reversal is needed by breaking out the Intermediary Zone and closing the price at the American trading session above level 1763. In this case, the short-term trend will reverse up and the upper Target Zone 1799 – 1792 will become the target for purchases.

XAUUSD trading ideas for today:

Sell according to the pattern in Intermediary Zone 1763 – 1760. TakeProfit: 1728. StopLoss: according to the pattern rules.


Euro/Dollar forecast for today: EURUSD analysis

Yesterday, euro trades in the Intermediary Zone 1.0016 – 1.0005 yielded profits. As a result, the Target Zone 2, 0.9944 – 0.9923 was tested. The zone was held. After that, a new correction in the Intermediary Zone began.

Now traders are testing the Intermediary Zone 1.0016 – 1.0005, which serves as the border of the short-term downtrend. Today, looking for sales according to the pattern in the IZ with a target at August 23 low is a matter of primary importance.

If traders manage to break out the Intermediary Zone and consolidate the price higher in the American trading session, the short-term trend will reverse up. In this case, switch to the euro purchases from the next trading day with the target in the upper Target Zone 1.0133 – 1.0111.

EURUSD trading ideas for today:

Sell according to the pattern in Intermediary Zone 1.0016 – 1.0005. TakeProfit: 0.9902. StopLoss: according to the pattern rules.


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Price chart of EURUSD in real time mode

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.

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