2026.08.18 2026.08.18
Short-Term Analysis for Oil, Gold, and EURUSD for 18.08.2026

Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/

Welcome, my fellow traders! I have prepared a price forecast for the 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 prices continued to rise yesterday.

Major Takeaways

• USCrude: Oil has climbed to the second bullish target of 83.54.
• XAUUSD: Gold is rising and approaching the August 13 high.
• EURUSD: The euro has failed to break through the upper Target Zone of 1.1601–1.1576.

Oil Price Forecast for Today: USCrude Analysis

Yesterday, the oil rally continued. As a result, the price reached the second bullish target of 83.54. The asset pierced this level but was unable to stay above it. The next bullish target is the upper Target Zone of 86.82–85.61. If this zone is breached, the next target will be the Gold Zone of 90.05–89.64.

If a downward correction begins, the oil price can fall to the support zone A at 80.73–80.32. Once this zone is tested, long trades can be considered, with the first target at 82.54 and the second one near today’s high of 84.77.

USCrude Trading Ideas for Today:

Buy near support A of 80.73–80.32. TakeProfit: 82.54, 84.7. StopLoss: 79.30.

Gold Forecast for Today: XAUUSD Analysis

Gold is maintaining its short-term uptrend. The primary bullish target is at 4,449. If the price exceeds this level, it will likely reach the Target Zone 2 of 4,493–4,472.

Long trades can be considered during a pullback at the support A of 4,347–4,336, once it is tested and a buy pattern emerges. In this case, the first target will be 4,393, and the second one will be 4,449.

XAUUSD Trading Ideas for Today:

Buy near support A of 4,347–4,336. TakeProfit: 4,393, 4,449. StopLoss: 4,319.

Euro/Dollar Forecast for Today: EURUSD Analysis

Yesterday, the euro remained within the upper Target Zone of 1.1601–1.1576. Today, the price is declining during a correction. If the asset reaches the support zone A at 1.1530–1.1521, long trades can be considered, with the first target at 1.1568 and the second one around 1.1614.

If the EURUSD pair breaks below the support A, the correction will extend toward the trend boundary of 1.1488–1.1475. Once the trend boundary is tested, long trades can be considered.

EURUSD Trading Ideas for Today:

Buy near support A of 1.1530–1.1521. TakeProfit: 1.1568, 1.1614. StopLoss: 1.1499.

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

The copper price prediction for tomorrow follows a -0.68% pullback on 18 August after MCX Copper surged 1.13% on 17 August. The contract opened at Rs 1,380, touched Rs 1,384.45, then sold to a low of Rs 1,370, settling at Rs 1,373.80. Ankit Jaiswal, Research Analyst at Univest, notes this corrective session is consistent with normal post-surge profit-taking in the copper price prediction for tomorrow cycle.

Kunal Singla, Research Analyst at Univest, observes that the copper price prediction for tomorrow benefits from underlying demand drivers: India’s infrastructure push and China’s construction sector. RSI correcting from overbought (above 65 yesterday) to neutral (52 to 55 today) creates a healthier base for the next leg up in the copper price prediction for tomorrow. LME copper above $9,500/tonne remains the key international support for the copper price prediction for tomorrow.

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Today’s Market Recap: Copper on 18 August 2026

• MCX Copper (31 Aug): Settled at Rs 1,373.80/kg (-0.68%). Normal profit-taking after yesterday’s 1.13% surge in the copper price prediction for tomorrow cycle.
• Nifty Metal: Fell -0.61% on 18 August, confirming broad base metal profit-taking that drove the copper price prediction for tomorrow lower.
• Hindustan Copper: After yesterday’s extraordinary 8.24% equity surge, profit-taking today is expected and signals normalisation in the copper price prediction for tomorrow.

Copper Price Prediction for Tomorrow: Technical Analysis

Ankit Jaiswal’s copper price prediction for tomorrow identifies Rs 1,368 to 1,370 as critical support, near today’s low of Rs 1,370. A hold above Rs 1,368 in the copper price prediction for tomorrow suggests the correction is healthy rather than a reversal. A break below targets Rs 1,355.

Resistance at Rs 1,384.45 (today’s high) is the first hurdle in the copper price prediction for tomorrow. Kunal Singla notes that RSI at 52 to 55 is a healthy neutral reading, removing overbought conditions. A recovery above Rs 1,384.45 targets Rs 1,400 in the copper price prediction for tomorrow.

Trend for 19 August 2026: Sideways (Corrective After 1.13% Surge)
Support: 1,368-1,370 | 1,355
Resistance: 1,384.45 | 1,400

Global Cues for Copper Price Prediction for Tomorrow

• US Markets (14 Aug close): Dow Jones at 53,732 (-0.20%), S&P 500 at 7,785 (-0.20%), Nasdaq at 26,729 (-0.30%). Weak retail sales data (-0.6% in July) and subdued University of Michigan consumer sentiment (51, below forecast 55) signal caution.
• Asian Markets: Japan’s Nikkei 225 gained 2.1% to 66,970 on Monday, providing a partially positive cue for Asian risk assets.
• Institutional Flows (14 Aug): FII were net buyers of Rs 508 Cr and DII were net buyers of Rs 356 Cr in the cash segment, reflecting continued institutional support for Indian equities.

Key Events for 19 August 2026

• MCX Aug crude expires 19 Aug — rollover to Sep mandatory for crude traders
• MCX commodity options expiry 24 Aug adds near-term volatility
• US EIA natural gas storage report (weekly) will be key for natural gas prices
• Q1 FY27 results continue; company updates may affect commodity-linked equity stocks

Stocks Linked to Copper Price Prediction for Tomorrow

Explore Copper-Linked Stocks on Univest Screener

Trading Strategy for Copper on 19 August 2026

• Buy MCX Copper near Rs 1,368 to 1,370 support with stop below Rs 1,355 for the copper price prediction for tomorrow
• A recovery above Rs 1,384.45 in the copper price prediction for tomorrow targets Rs 1,400; trail stop at Rs 1,372
• RSI at 52 to 55 signals a dip-buying opportunity rather than a short in the copper price prediction for tomorrow
• Monitor Hindustan Copper equity above Rs 545 as confirming signal for the copper price prediction for tomorrow support

What Does Sentiment Indicate for Copper Price Prediction for Tomorrow?

Sentiment for the the copper price outlook for 19 August is corrective but not bearish. The -0.68% decline follows a 1.13% surge and is a normal profit-taking session. Ankit Jaiswal notes underlying demand drivers (India infrastructure, China construction) remain intact for the tomorrow’s MCX copper price forecast.

Kunal Singla observes that RSI correcting from overbought to neutral (~52) is actually a positive development for the Wednesday’s copper price outlook. This normalisation creates a healthier base for the next leg up. As long as MCX Copper holds Rs 1,368, the the 19 August copper price outlook stays in a dip-buying mode.

Risks to the MCX copper price forecast for tomorrow

• A break below Rs 1,368 in the copper price’s 19 August outlook signals a deeper correction toward Rs 1,355
• Continued Nifty Metal weakness or a sharp China PMI miss could accelerate the the copper price outlook for 19 August decline
• Profit-taking from Hindustan Copper’s 8.24% equity surge may amplify copper selling pressure in the tomorrow’s MCX copper price forecast
• US dollar strength overnight would compress MCX copper prices in the Wednesday’s copper price outlook

Download the Univest iOS App or Univest Android App to track live MCX copper prices and get expert copper price predictions.

Conclusion

The the 19 August copper price outlook, 19 August 2026, is sideways in a healthy corrective phase. MCX Copper settled at Rs 1,373.80/kg (-0.68%) on 18 August after yesterday’s 1.13% surge. Ankit Jaiswal’s the MCX copper price forecast for tomorrow places support at Rs 1,368 and resistance at Rs 1,384.45.

Monitor the Rs 1,368 support as the key reference for the copper price’s 19 August outlook. Download the Univest app for live MCX copper prices and expert research.

Disclaimer: Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. Univest Research Analyst Registration No. INH000013776.

Frequently Asked Questions

What is the the copper price outlook for 19 August, 19 August 2026?

Ans. The tomorrow’s MCX copper price forecast is sideways in a corrective phase. MCX Copper fell -0.68% to Rs 1,373.80/kg on 18 August after yesterday’s 1.13% surge. Support at Rs 1,368, resistance at Rs 1,384.45. Ankit Jaiswal notes this is a normal correction in the Wednesday’s copper price outlook.

Why did MCX copper fall on 18 August?

Ans. MCX Copper fell -0.68% on 18 August due to profit-taking after yesterday’s 1.13% surge and broader Nifty Metal weakness (-0.61%). Ankit Jaiswal notes this is corrective, not a reversal, in the the 19 August copper price outlook.

What are MCX copper support levels for 19 August 2026?

Ans. The the MCX copper price forecast for tomorrow places immediate support at Rs 1,368 to 1,370 (near today’s low Rs 1,370) and strong support at Rs 1,355. Resistance is at Rs 1,384.45 and Rs 1,400.

Is the copper price’s 19 August outlook a buying opportunity?

Ans. Kunal Singla notes that RSI correcting from overbought to neutral (~52) in the the copper price outlook for 19 August is a healthy sign, creating a dip-buying opportunity near Rs 1,368 support if it holds.

What is the copper trading strategy for 19 August 2026?

Ans. For the tomorrow’s MCX copper price forecast, Ankit Jaiswal recommends buying near Rs 1,368 with stop below Rs 1,355. A recovery above Rs 1,384.45 targets Rs 1,400. Monitor Hindustan Copper equity as the confirming indicator.

Platinum price continues to consolidate below the resistance level at $1,785.00. However, the ongoing conflict between the main indicators has pushed the price into another period of sideways fluctuation, keeping it stable near $1,750.00, as clearly shown on the attached chart.

We emphasize the importance of gathering additional negative momentum, to reinforce the previously suggested bearish bias to begin targeting the downside levels, initially moving toward $1,685.00 and $1,642.00, while breaching the resistance and holding above it will open the way for the bullish attack to target $1820.00 initially, followed by $1865.00.

The expected trading range for today is between $1685.00 and $1770.00

Trend forecast: Bearish

Domestic coffee prices today

Coffee prices today in the domestic market increased sharply in key areas. According to giacaphe. com, coffee prices on August 18th averaged 96,900 VND/kg, an increase of 1,800 VND/kg compared to the previous session.

In Dak Lak, coffee prices were recorded at 96,800 VND/kg, an increase of 1,800 VND/kg.

In Lam Dong, coffee prices reached 96,200 VND/kg, an increase of 1,700 VND/kg. This is the lowest level among the surveyed areas.

In Gia Lai, coffee prices are at 96,800 VND/kg, an increase of 1,800 VND/kg.

The old Dak Nong area recorded a level of 97,000 VND/kg, an increase of 1,700 VND/kg. This is the highest level in today’s price list.

The USD/VND exchange rate according to Vietcombank is recorded at 25,920 VND/USD.

World coffee prices

In the world market, coffee prices increased on both the London and New York exchanges.

On the London exchange, the September 2026 Robusta futures contract increased by 49 USD/ton, equivalent to 1.35%, to 3,670 USD/ton. The November 2026 futures increased by 50 USD/ton, equivalent to 1.39%, to 3,644 USD/ton.

Further terms also increased. Robusta in January 2027 increased by 52 USD/ton, to 3,628 USD/ton; March 2027 term increased by 49 USD/ton, to 3,603 USD/ton; May 2027 term increased by 47 USD/ton, to 3,582 USD/ton.

On the New York exchange, the September 2026 Arabica contract increased by 7 US cents/lb, equivalent to 2.07%, to 345.10 US cents/lb. The December 2026 contract increased by 3.60 US cents/lb, to 317.90 US cents/lb.

The terms for March, May and July 2027 also increased by 3 US cents/lb, 2.35 US cents/lb and 1.70 US cents/lb respectively.

Coffee price assessment

Domestic coffee prices increased sharply after a period of adjustment, in the same direction as positive developments in the world market. The increase of Robusta London by more than 1% is a noteworthy factor for Vietnamese coffee prices, because Robusta is the main commodity group of the domestic market.

According to Barchart, coffee prices increased due to concerns about global supply, in which Brazil’s coffee harvest progress was slower than the same period. Safras & Mercado said Brazil’s 2026-2027 coffee harvest reached 90% as of August 12, lower than 97% in the same period last year and the 5-year average of 94%. Barchart also recorded Arabica certified inventories on ICE falling to a 2.75-year low, while Robusta inventories increased to a 5-month high.

Domestically, the increase of 1,700-1,800 VND/kg helped coffee prices regain some of the previous decline. However, the current level is still only around 97,000 VND/kg, lower than the high price zone recorded at the end of July and the beginning of August.

According to the Ministry of Agriculture and Environment, in July, Vietnam exported about 147,600 tons of coffee, worth 639.5 million USD. Accumulated in the first 7 months of the year, coffee exports reached about 1.2 million tons, an increase of 10.8% in volume but turnover decreased by 11.2%, to 5.45 billion USD. This development is mainly due to the average export price decreasing by 19.9% compared to the same period, down to 4,537 USD/ton.

Regarding the weather, the National Center for Hydro-Meteorological Forecasting said that on the day and night of August 18, the Central Highlands area will have showers and thunderstorms in some places; especially in the afternoon and night there will be showers, scattered thunderstorms, locally heavy rain. Lowest temperature 21-24 degrees C, in some places below 20 degrees C; highest 26-29 degrees C, in some places above 29 degrees C.

Rainstorms in this season need to be monitored in terms of garden care, pest and disease prevention, and goods preservation.

Copper price touched the $6.6900 level during its latest bullish surge before making a temporary corrective rebound, currently stabilizing near $6.5200. This comes amid the Stochastic indicator fluctuating below the 50 level, which contrasts with the positive stance of the 55-period moving average.

We note that repeated stability above the current ascending minor channel support at $6.4500, in addition to the $6.4000 level forming a strong barrier against the current downside movements, supports the bullish scenario. This should facilitate the price’s upcoming advance toward $6.7000, followed by the next target near $6.8500.

The expected trading range for today is between $6.4500 and $6.6200

Trend forecast: Fluctuated