Ethereum (ETHUSD) declined in recent intraday trading, preparing to break below the key support level at $2,250, which previously acted as our price target. This comes amid the dominance of a short-term bearish corrective wave, with continued downside pressure as the price remains below EMA50, beside the emergence of bearish signals from the relative strength indicators.

Accordingly, our expectations point to a decline in Ethereum during the upcoming intraday trading, especially if it breaks below the mentioned $2,250 support level, targeting the next support at $2,175.

2026.04.30 2026.04.30
Short-Term Analysis for Oil, Gold, and EURUSD for 30.04.2026

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.

The euro price continues to test the key support of the short-term uptrend.

Major Takeaways

• USCrude: Oil has reached the Target Zone 2 of 106.90–105.82.
• XAUUSD: The gold price is correcting upward.
• EURUSD: The euro is trying to rebound from the support B of 1.1687–1.1670.

Oil Price Forecast for Today: USCrude Analysis

Yesterday, oil extended its short-term uptrend, piercing the Gold Zone of 100.97–100.43. Today, the price has reached the Target Zone 2 of 106.90–105.82. If the asset breaks above this zone, the next buy target will be the Gold Zone 2 of 111.75–111.21.

If bears defend the Target Zone 2, a downward correction may begin. In this case, the oil price may test the support A of 101.93–101.39. Once this zone is tested, long trades can be considered.

USCrude Trading Ideas for Today:

Buy near support A of 101.93–101.39. TakeProfit: 104.39, 107.32. StopLoss: 99.99.

Gold Forecast for Today: XAUUSD Analysis

Yesterday, the gold price continued to fall and broke below the April 28 low. Today, the metal is undergoing a correction. During this correction, the price may test the resistance A of 4,666–4,651. Once it is tested, consider short trades, with the first target at 4,588 and the second one around 4,510.

If the price breaks above the resistance A today, the correction will continue toward the resistance B at 4,743–4,722.

XAUUSD Trading Ideas for Today:

Sell near resistance A at 4,666–4,651. TakeProfit: 4,588, 4,510. StopLoss: 4,700.

Euro/Dollar Forecast for Today: EURUSD Analysis

The euro price keeps testing the key support of the short-term uptrend at 1.1687–1.1670. So far, bulls are holding this zone. Therefore, consider holding long trades open today, targeting 1.1760. The second buy target will be the April high of 1.1849.

If the EURUSD pair settles below the support B of 1.1687–1.1670, the short-term trend will turn bearish. In this case, one may consider selling the euro on the next trading day, targeting the lower Target Zone of 1.1525–1.1492.

EURUSD Trading Ideas for Today:

Hold long trades opened at support B at 1.1687–1.1670. TakeProfit: 1.1760, 1.1849. StopLoss: 1.1629.

Would you like to learn more about technical analysis methods and principles? Explore our comprehensive guide.

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Price chart of EURUSD in real time mode

The EURJPY pair ended the last corrective decline by targeting 186.05 level, activating with the main indicators’ positivity, to rally towards 186.90, announcing its attempt to renew the bullish attempts.

Our bullish scenario depends on forming initial support level at 185.65 level, and surpassing 50 level by stochastic will increase the chances of gathering positive momentum, to ease the mission of targeting 187.40 level, to press on 187.75 barrier again, to find an exit for recording extra gains in the upcoming period.

The expected trading range for today is between 186.40 and 187.75

Trend forecast: Bullish

Copper price activated the corrective decline by reaching below $5.9700 level, activating with the negativity of the indicators by reaching $5.850, approaching the suggested targets in the previous report.

Note that holding above $5.8100 level might allow it to begin forming bullish waves, to target $6.0200 level, to press at $6.1200 barrier, while facing new bearish pressures might force it to resume the corrective decline by reaching below $5.8100, to expect targeting $5.7000 and $5.5900 level.

The expected trading range for today is between $5.8100 and $6.0200

Trend forecast: Fluctuating within the bullish trend

Domestic coffee prices today

The domestic coffee market this morning, April 29th, recorded very strong growth momentum in all key growing areas of the Central Highlands.

According to surveys, the average purchase price throughout the region has jumped up by another 1,700 VND/kg, bringing the average price level to the threshold of 88,700 VND/kg.

In Dak Nong province (old), coffee prices recorded the highest increase with 1,800 VND, pushing the purchase price to the mark of 88,800 VND/kg.

Dak Lak and Gia Lai provinces both have an increase of 1,600 VND, currently trading stably at 88,600 VND/kg.

Lam Dong area listed a price of 88. 100 VND/kg after recovering by another 1,600 VND compared to yesterday’s session. This increase shows that the market is reacting positively to signals of tightening supply from international reserves.

World coffee prices today

Developments on world exchanges last night were also brilliantly green as the decline in inventory triggered a buying wave. Robusta coffee prices on the London exchange for July delivery increased by another 53 USD (equivalent to 1.55%), closing the session at 3,481 USD/ton.

At the same time, the New York exchange witnessed the price of Arabica for July delivery increase by another 2.20 cent (equivalent to 0.76%), closing at 290.70 cents/lb. Arabica inventories monitored by ICE have fallen to a 2-month low of 494,508 bags, while Robusta inventories also anchored at a 16-month record low of only 3,755 lots. These figures show that actual supply is being significantly tightened, creating a solid momentum for futures prices to break through.

Besides the inventory factor, geopolitical tensions in the Middle East continue to be an important pillar for coffee prices. Concerns about a prolonged war between the US and Iran that would cause the Hormuz Strait to be closed are disrupting the global supply chain. The blockade of this vital sea route has directly pushed up freight rates, insurance costs, fuel and fertilizer prices, putting great pressure on the cost of goods from roasters and international importers.

In South America, Brazil’s coffee exports in March recorded a sharp drop of 10% to 31% depending on the report, showing that the volume of goods pushed into the market from the world’s number one producer is showing signs of slowing down.

However, investors are still cautious about the prospect of Brazil’s record crop season next crop year with expected output reaching 75.9 million bags. At the same time, the global coffee surplus report for 2026 expanding to 10 million bags according to StoneX is still a factor hindering the overheated increase in the long term.

In Vietnam, export growth in the first quarter reached 14% with 585,000 tons, which is also a barrier preventing Robusta prices from breaking out of high resistance zones.

It is forecasted that in the coming sessions, domestic coffee prices will continue to fluctuate strongly around the 87. 500 – 89. 500 VND/kg range.

Note: The actual prices in localities may differ depending on the quality of the seeds and actual transaction agreements.

Brent crude oil price continued rising on Wednesday after a new report suggested that President Donald Trump was considering a prolonged blockade in a bid to pressure Iran. It jumped to $110, up sharply from this month’s low of $87.

Trump considers prolonged blockade 

A media report by Bloomberg suggests that President Trump is considering a prolonged blockade in a bid to put pressure on the Iranians as storage space runs out.

This is a reaction to a recent report in which Iranians submitted an offer to the US. Its offer was to reopen the Strait of Hormuz in exchange for deferred talks on the nuclear program.

A continued closure of the Strait will lead to higher crude oil prices since 20% of all crude oil passes there.

Worse, there is a risk that the ceasefire will end, leading to the resumption of fighting. Analysts believe that the next phase of fighting will be worse as it will involve critical infrastructure.

In a recent post, Iran’s parliamentary speaker highlighted some of the cards, including bombing a critical Saudi Arabian pipeline that is delivering over 7 million barrels of oil per day.

He also pointed out that Houthis may help to close the Red Sea, which accounts for 12% of all oil shipments. This disruption will likely not be offset by the soaring US exports,which have jumped sharply in the past few weeks.

Therefore, the most likely scenario is where the West Texas Intermediate and Brent benchmarks continue rising in the coming months as long as the crisis continues.

Trump’s preparation for a prolonged ceasefire comes two weeks after he hinted at a long war by comparing the operation with other conflicts like Vietnam and Afghanistan.

Meanwhile, Brent crude oil price is reacting to the major breaking news that the United Arab Emirates (UAE) was exiting the OPEC cartel after decades.

Analysts believe that the country hopes to boost oil production, with estimates being that it can move from 3 million today to 5 million in the next few months. It is unclear whether other countries will follow the footsteps and exit the organization.

Brent crude oil price technical analysis 

Crude oil price chart | Source: TradingView

The daily chart shows that the price of Brent bottomed at $87.47 on April 17th after the two sides announced their ceasefire. It then rebounded to the current $110 as the blockade continues.

The price has remained above the Supertrend indicator since January 12 this year, a sign that bulls remain in control. It also jumped above the 50-day and 100-day Exponential Moving Averages (EMA).

The Relative Strength Index (RSI) has moved above the neutral point at 50 and is pointing upwards.

Therefore, the most likely crude oil price forecast is bullish, with the next key target being at the year-to-date high of $119. A move above that price will point to more gains towards $120.

The bullish outlook aligns with the recent Goldman Sachs forecast. In their report, the analysts pointed to the ongoing tapping of oil reserves by the US and its allies.

On the flip side, a drop below the support at $100 will invalidate the bullish outlook and point to more downside.

Domestic coffee prices today

The domestic coffee market on April 27 recorded a sideways state after strong fluctuations last week. In key growing regions of the Central Highlands, the average purchase price for the whole region is anchored at the threshold of 88,000 VND/kg. This is a price level reflecting the caution of both buyers and sellers as the international market continuously sends signals about long-term surplus supply.

Detailed purchase prices in specific localities are as follows:

Dak Lak and Gia Lai: Trading simultaneously at 88,000 VND/kg.

Lam Dong: Keeping the lowest level in the region at 87,500 VND/kg.

In addition, pepper prices still maintained stability at a high level of 141,000 VND/kg, while the USD/VND exchange rate was listed at 26,108.

World coffee prices today

On the world exchange, red color covered both futures exchanges in the closing session on Monday. Arabica futures for July (KCN26) fell sharply by 6.40 cents (-2.17%), while Robusta futures for July (RMN26) in London also lost another 55 USD (-1.58%). This decline was mainly due to concerns about global coffee surplus as Brazil prepares to enter a new harvest with record production forecasts.

Coffee price assessment

The market is suffering “cushions” from surplus reports. Marex Group and StoneX both gave impressive figures for the Brazilian crop season 2026/27, which are 75.9 million bags and 75.3 million bags respectively. In particular, the global coffee surplus in 2026 is expected to reach 10 million bags, the highest level in the past 6 years. In Vietnam, exports in the first quarter increased by 14% (reaching 585,000 tons) is also a significant “bearish” (devaluation) factor for the London exchange.

However, there are still “bright spots” supporting prices that are not falling too deeply. The fact that the Hormuz Strait is still closed due to geopolitical tensions has sharply increased transportation, insurance and fertilizer costs, directly pushing up the cost of goods sold by roasters. In addition, Robusta inventories on the ICE floor hit a 16-month low and record low rainfall in Brazil (only reaching 20% of the historical average) are still variables that could trigger short-term technical recovery waves.

Note: The actual price may differ depending on the quality of the seeds and the actual transaction agreement.