Category: Forex News, News
Technical Analysis of US Crude, XAUUSD and EURUSD for Today (November 9, 2026)
Welcome, my fellow traders! I have prepared a price forecast for 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.
Oil remains in a short-term downtrend.
The article covers the following subjects:
Major Takeaways
- USCrude: Oil is falling from resistance A at 90.87–90.43.
- XAUUSD: Gold has risen from support A at 4,045–4,035.
- EURUSD: The euro broke below the 1.1173 level but is now correcting higher.
Oil Price Forecast for Today: USCrude Analysis
Oil maintains its short-term downtrend. Last week, the price tested resistance zone A at 90.87–90.43. However, sellers managed to hold this zone, and the price subsequently began to decline.
Today, the oil price attempted to break through this resistance zone once again, but sellers defended it, and the price began to fall. Now, the price is testing the 88.43 level for the second time. If the price breaches this level, it may fall further to 85.99.
USCrude Trading Ideas for Today:
Hold part of the short trades opened at resistance A at 90.87–90.43. TakeProfit: 85.99. StopLoss: at breakeven.
Gold Forecast for Today: XAUUSD Analysis
On Friday, the gold price tested the support zone A at 4,045–4,035. Buyers held this zone, and the price started to rise.
As a result, gold has reached the first buy target of 4,091 and settled higher. The second buy target is the November 5 high of 4,146.
If the price breaks above 4,146, the rally may continue toward the upper Target Zone of 4,205–4,174.
XAUUSD Trading Ideas for Today:
Hold part of the long trades opened at support A at 4,045–4,035. TakeProfit: 4,146. StopLoss: at breakeven.
Euro/Dollar Forecast for Today: EURUSD Analysis
The euro continued to decline last week, breaking below the 1.1173 level and nearing the Target Zone of 1.1123–1.1106. The next downside target is the October 29 low around 1.1104.
However, if market participants push the price up to the 1.1173 level, a correction may develop. Should a correction occur, the euro may reach the resistance zone B at 1.1243–1.1230. If sellers hold this resistance level, short trades can be reconsidered.
Should the euro price settle above the 1.1243 level, the trend will likely reverse, creating buying opportunities.
EURUSD Trading Ideas for Today:
Hold part of the short trades opened at resistance B at 1.1243–1.1230. TakeProfit: 1.1104. StopLoss: at breakeven.
Would you like to learn more about technical analysis methods and principles? Explore our comprehensive guide.
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Price chart of USCRUDE in real time mode
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