Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (June 23, 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.
Short-term forecast for oil, gold, and euro-dollar today. Gold continues to decline within a correction of its short-term uptrend.
The article covers the following subjects:
Major Takeaways
- USCrude: Oil reached the upper target zone of 76.45 – 75.67 today. Thus, all the upside targets within the trend have been reached.
- XAUUSD: Gold is declining, targeting support (В) 3338 – 3327.
- EURUSD: The euro attempts to steady above support (А) 1.1495 – 1.1481.
Oil Price Forecast for Today: USCrude Analysis
Oil’s short-term uptrend continued at today’s opening of the trading session, with prices breaking above last week’s high. The price also tested the upper target zone 76.45 – 75.67. If this zone is broken to the upside, the price may continue growing to the golden zone of 78.98 – 78.68.
If a bearish correction develops, expect oil to test support (A) at 73.96 – 73.69. Once this zone is tested, new longs can be considered with the first target at 75.14 and the second one near 76.59. The trend boundary has shifted to the 72.64 – 72.25 area.
USCrude Trading Ideas for Today:
Buy near support (А) 73.96 – 73.69. TakeProfit: 75.14, 76.59. StopLoss: 73.16.
Gold Forecast for Today: XAUUSD Analysis
Gold continues to decline within a correction of its short-term uptrend. A potential target of this decline is support (В) 3338 – 3327. Once this zone is reached, new long positions can be considered, with an initial target at 3389 and a secondary target at 3451.
If support (B) is broken to the downside, the short-term trend will reverse downward. In this case, consider short trades with a target in the lower target zone 3226 – 3203.
XAUUSD Trading Ideas for Today:
Buy near support (В) 3338 – 3327. TakeProfit: 3389, 3451. StopLoss: 3306.
Euro/Dollar Forecast for Today: EURUSD Analysis
The euro price is trading within a short-term uptrend. Today, market participants are attempting to bring the price back to support zone (A) at 1.1495 – 1.1481. If the price holds above this support, a further rise can be expected, with the first target at 1.1556. The second target would be the June high near 1.1631.
If support (А) is broken to the downside, the bearish correction will reach the trend boundary at 1.1427 – 1.1407. Near the trend boundary, new buying opportunities may be considered, with the main target at the June high of 1.1631.
EURUSD Trading Ideas for Today:
Buy near support (A) 1.1495 – 1.1481. TakeProfit: 1.1557, 1.1631. StopLoss: 1.1455.
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Price chart of XAUUSD in real time mode
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