Technical Analysis of US Crude, XAUUSD and EURUSD for Today (August 29, 2025)
I welcome my fellow traders! I have made a price forecast for the USCrude, 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.
Consider short-term long trades in gold.
The article covers the following subjects:
Major Takeaways
- USCrude: Oil maintains a bearish bias.
- XAUUSD: Gold has reversed its downtrend.
- EURUSD: The euro has reached its first bullish target near 1.1678.
Oil Price Forecast for Today: USCrude Analysis
Oil continues to trade in a short-term downtrend. The price is testing the resistance (A) 64.75 – 64.44, but bears are keeping it below this zone. Therefore, short trades can be considered with a target of 61.34.
If the asset pierces the resistance (A) today, the correction will continue to the resistance (B) 66.46 – 65.99, the trend boundary. Thus, consider short trades once this zone is tested.
USCrude Trading Ideas for Today:
Watch the market.
Gold Forecast for Today: XAUUSD Analysis
Gold has changed its short-term downtrend to an uptrend. Yesterday, the price broke through the resistance (B) 3391 – 3380. Now, the bullish target is the upper Target Zone 3515 – 3493. Consider new long trades at the resistance (B) 3391 – 3380 with the first target of 3436.
If a downward correction develops today, gold may fall to the support (A) 3348 – 3340 or support (B) 3310 – 3299. Consider long trades near these zones with the main target at this week’s high.
XAUUSD Trading Ideas for Today:
Buy near 3391 – 3380. TakeProfit: 3436, 3492. StopLoss: 3362.
Euro/Dollar Forecast for Today: EURUSD Analysis
The euro is maintaining its short-term uptrend. Yesterday, the asset hit its first bullish target near 1.1678. The next target is last week’s high of 1.1742. If the price consolidates above this level, it may try to break through the Target Zone 1.1774 – 1.1739 and exceed the July high.
If the quotes begin to decline today, a downward correction may start. In this case, the price may reach the support (B) 1.1568 – 1.1551, the trend boundary. Therefore, one may consider long trades near this zone.
EURUSD Trading Ideas for Today:
Hold up long trades opened at support (A) 1.1626 – 1.1615. TakeProfit: 1.1742. StopLoss: at the breakeven.
Would you like to learn more about technical analysis methods and principles? Explore our comprehensive guide.
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Price chart of XAUUSD in real time mode
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