Technical analysis of US Crude, XAUUSD, and EURUSD for today (30 March 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, after Russian-Ukrainian talks in Turkey, the euro strengthened.

The article covers the following subjects:

Oil price forecast for today: USCrude analysis

As part of a short-term oil downtrend yesterday, the price reached the Gold Zone 97.82 – 97.22. After that, the price corrected and tested the trend border of 103.59 – 103.05.

Today, traders are trying to break out the key resistance and consolidate the price higher. If successful, the trend will reverse up. Thus, from tomorrow look for oil purchases with the target in the upper Target Zone 109.50 – 108.43.

However, when the price returns to the resistance level of 103.05, a sell pattern will form. In this case, open short trades within the current trend with the target at yesterday’s low.

USCrude trading ideas for today:

Sell according to the pattern in Intermediary Zone 103.59 – 103.05. TakeProfit: 97.82. StopLoss: according to the pattern rules.


Gold price forecast for today: XAUUSD analysis

The short-term gold trend reversed down. As a result, the lower Target Zone 1894 – 1886 was reached. After testing the TZ, the price corrected and reached the Intermediary Zone 1929 – 1926.

The Intermediary Zone serves as the border of a short-term downtrend. Today it would be profitable to look for sales in the beforementioned IZ. The sales target will be to update yesterday’s low.

To enter gold purchases, it is required to break out level 1929 and consolidate the price at the American session higher.

XAUUSD trading ideas for today:

Sell according to the pattern in Intermediary Zone 1929 – 1926. TakeProfit: 1890. StopLoss: according to the pattern rules.


Euro/Dollar forecast for today: EURUSD analysis  

Yesterday, after Russian-Ukrainian talks in Turkey, the euro strengthened. The short-term trend reversed up. The upper Target Zone 1.1155 – 1.1136 was immediately reached. After reaching the TZ, the price corrected and tested the Additional Zone 1.1089 – 1.1084. The AZ serves as a strong support. Today consider the euro purchases in the beforementioned IZ to update yesterday’s high.

If the Additional Zone is broken out during trading and the price consolidates lower, then the correction will continue with the target in the Intermediary Zone 1.1041 – 1.1031. The IZ serves as the border of the trend and provides the most favorable prices for opening purchases according to the methodology.

EURUSD trading ideas for today:

  1. Buy according to the pattern in Additional Zone 1.1089 – 1.1084. TakeProfit: 1.1136. StopLoss: according to the pattern rules.

  2. Buy according to the pattern in Intermediary Zone 1.1041 – 1.1031. TakeProfit: 1.1136. 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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