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The EURUSD price slipped lower during its recent intraday trading, following the consolidation of the 1.1490 resistance level, amid the dominance of the short-term bearish correction. Negative pressure continues to stem from trading below EMA50, which acts as dynamic resistance and reduces the pair’s chances of a full recovery in the near term. This comes especially as negative signals began to emerge from the relative strength indicators after the pair managed to offload its oversold conditions, leaving room for further losses in the coming period.
The article covers the following subjects:
Consider long positions from corrections above 4,233.40 with a target of 4,900.00–5,610.00.
Breakout and consolidation below 4,233.40 will allow the asset to continue declining to the levels of 3,954.50–3,720.00.
An ascending third wave of larger degree (3) is presumably developing on the weekly chart. Within it, a descending correction has been completed as the fourth wave of smaller degree 4 of (3). Apparently, the fifth wave 5 of (3) has started developing on the daily chart, with wave i of 5 forming as its part. The H4 chart shows that wave (iii) of i of 5 has formed, a local correction has been completed as wave (iv) of i, and wave (v) of i has likely started unfolding. If the presumption is correct, XAU/USD will continue to rise to 4,900.00–5,610.00. The level of 4,233.40 is critical in this scenario as a breakout below it will enable the asset to continue declining to the levels of 3,954.50–3,720.00.
This forecast is based on the Elliott Wave Theory. When developing trading strategies, it is essential to consider fundamental factors, as the market situation can change at any time.
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.
According to copyright law, this article is considered intellectual property, which includes a prohibition on copying and distributing it without consent.
Platinum price began providing some bullish trading due to stability above $1705.00, approaching the sideways track’s barrier at $1840.00.
Note that providing positive momentum by the main indicators will increase the chances of achieving the required breach, to confirm its readiness to record several gains by its rally towards $1880.00 reaching the next main target at $1960.00.
The expected trading range for today is between $1760.00 and $1880.00
Trend forecast: Bullish
Coffee price faced strong negative pressure, to force it settle below $292.00, suffering clear losses by reaching $274.00 level, approaching a key support, as it formed a strong demand zone at $269.25, which represents a confirmation key for the main trend in the upcoming trading.
The stability of the price above the support makes us wait for gathering positive momentum, to form strong bullish waves, to pressure the obstacle at $295.00, where surpassing it will confirm its readiness to record extra gains that might begin at $305.60 and $319.20.
The expected trading range for today is between 270.00 and 295.00
Trend forecast: Bullish
USOIL, commonly referred to as West Texas Intermediate (WTI) crude oil, is a light, sweet crude oil that serves as one of the primary benchmarks for oil pricing in the global market. Sourced primarily from oil fields in the United States, particularly in Texas and Oklahoma, WTI crude oil is known for its API gravity of around 39.6 degrees, which classifies it as ‘light,’ and its low sulfur content, which makes it ‘sweet.’ These characteristics make WTI crude highly desirable for refining into gasoline, diesel, and other high-value petroleum products.
The price of USOIL is set on the New York Mercantile Exchange (NYMEX) and is traded in the form of futures contracts, which allow market participants to buy and sell the commodity for delivery at a future date. These contracts are standardized, with each representing 1,000 barrels of crude oil. The USOIL futures market is one of the most liquid in the world, attracting a diverse range of traders, including producers, refiners, hedge funds, and individual investors.
The price of USOIL is influenced by a complex interplay of factors, including:
Global supply and demand dynamics: Fluctuations in oil production, particularly from major producers like the United States, Russia, and Saudi Arabia, as well as changes in global consumption patterns, can significantly impact prices.
OPEC and non-OPEC production quotas: Decisions by the Organization of the Petroleum Exporting Countries (OPEC) and its allies to increase or decrease oil production can cause substantial price movements.
Geopolitical events: Conflicts, sanctions, and political instability in oil-producing regions can lead to supply disruptions and volatility in oil prices.
Economic indicators: The health of the global economy, as indicated by GDP growth rates, industrial production, and other economic data, affects the demand for oil and, consequently, its price.
Inventory levels: Reports on oil stockpiles, particularly those published by the American Petroleum Institute (API) and the Energy Information Administration (EIA), can influence prices based on whether they show a surplus or a deficit in supply.
Currency fluctuations: Since oil is traded in U.S. dollars, movements in the value of the dollar can affect the price of oil in other currencies, influencing international demand.
Given its importance in the global energy market, USOIL is a key commodity for traders looking to speculate on price movements or hedge against oil price volatility. However, trading USOIL can be risky and requires a solid understanding of the market forces at play, as well as careful risk management.
Welcome, my fellow traders! I have prepared a price forecast for US Crude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I have identified entry signals for intraday traders.
The euro extended its short-term downtrend yesterday.
The article covers the following subjects:
Oil is pulling back within a short-term uptrend. Yesterday, the price tested support A at 97.73–97.30.
Today, this zone was pierced. The next target for the corrective movement is support B at 95.55–94.90, the trend boundary. Consider long trades near this zone, with the first target at 98.49 and the second at 102.09.
Buy near support B at 95.55–94.90. TakeProfit: 98.49, 102.09. StopLoss: 93.56.
Yesterday, the gold price tested resistance A at 4,373–4,362. Bears defended this zone, and the asset dropped amid the US Fed’s interest rate decision. As a result, the price reached all the bearish targets and fell below the September 14 low.
The price attempted to break below the Gold Zone of 4,286–4,276 but failed. Consequently, the price is now rising within an upward correction and approaching the new resistance zone A at 4,355–4,344. Consider short trades near this zone.
Sell near resistance A at 4,355–4,344. TakeProfit: 4,295, 4,235. StopLoss: 4,379.
Yesterday, the euro continued its short-term downtrend, reaching the lower Target Zone of 1.1459–1.1434. After that, an upward correction began.
If the correction persists, the asset may climb to resistance A at 1.1548–1.1539. Once this zone is tested, consider short trades, with the primary target at today’s low.
Sell near resistance A at 1.1548–1.1539. TakeProfit: 1.1501, 1.1455. StopLoss: 1.1567.
Would you like to learn more about technical analysis methods and principles? Explore our comprehensive guide.
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The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance broker. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2014/65/EU.
According to copyright law, this article is considered intellectual property, which includes a prohibition on copying and distributing it without consent.
Quite frankly, this could be a very expensive year for natural gas in the cold weather. But right now, we still have plenty of supply in the United States. The differential between U.S. gas prices and some of the prices we see, for example, in Rotterdam, is quite drastic. That has been the case for a while, and that’s more likely than not only going to continue to get worse.
All things being equal, we continue to bounce around between $2.80 on the bottom and $3.00 on the top. We are getting ready to roll over into the November contract in about 10 days or so. That could provide a little bit of a boost for pricing because, in November, we are going to be needing more natural gas for heating.
Despite platinum price continuing to trade sideways recently, its repeated hold above the $1,705.00 support level, along with stochastic attempting to provide positive momentum, may increase the chances of renewed upward attempts, with the price currently stabilizing near $1,780.00.
We emphasize the importance of the price breaking above the $1,840.00 barrier in the upcoming trading sessions and holding above it, as this would open the way toward positive targets that may begin at $1,880.00 and $1,960.00, respectively. However, failure to break above this barrier would force the price to continue trading sideways, with a renewed opportunity to test the support level.
The expected trading range for today is between $1,740.00 and $1,880.00
Trend forecast: Bullish
Domestic coffee prices
Coffee prices today in the domestic market reversed to decrease by at least 300 VND/kg. According to giacaphe. com, coffee prices on September 17 averaged at 94. 300 VND/kg, anchored in the price range of 93. 500-94. 400 VND/kg.
In Gia Lai and Dak Lak, coffee prices were recorded at 94. 200 VND/kg, down 300 VND/kg.
In Lam Dong, the listed coffee price is at 93.500 VND/kg, down 500 VND/kg.
The old Dak Nong area recorded the highest price in the whole region at 94,400 VND/kg, down 300 VND/kg.
The USD/VND exchange rate according to Vietcombank was recorded at 25,795 VND/USD, an increase of 25 VND/USD.
World coffee prices
In the world market, coffee prices simultaneously decreased.
According to Barchart, the September 2026 Robusta futures contract is anchored at 3,400 USD/ton, down 51 USD/ton. In the opposite direction, the November 2026 term is listed at 3,430 USD/ton, down 51 USD/ton. The term from January 2027 to May 2027 is listed in the price range of 3,384 – 3,402 USD/ton, down the most by 48 USD/ton.
Similarly, the September 2026 Arabica futures contract continued to decline by 3.8 cents/lb, down to 295.85 cents/lb. The December 2026 term was offered to the market at 281.55 cents/lb, down 2.1 cents/lb. Further forwards were anchored in the 268.65-173.35 cent/lb range, a decrease of 1.55-1.70 cents/lb.

Assessments and forecasts
The inventory factor is currently a factor hindering the decline of coffee. Arabica coffee on the ICE exchange increased to 233,479 bags by the end of September 16, thereby leaving the 27-year low of 217,646 bags but not creating a truly abundant supply, according to ICE’s daily report. ICE added that 16,210 bags have passed quality accreditation to be included in certified inventory, while 2,960 bags do not meet requirements.
Favorable weather conditions in Brazil and Vietnam are also putting pressure on coffee prices. Rainfall higher than normal in Brazil during the current important flowering period may support the 2026-2027 coffee crop, thereby creating downward pressure on prices.
If Brazil’s key Arabica coffee growing region has recorded rainfall suitable for the development and fruiting of coffee trees. In Vietnam, the weather forecasting agency also said that abundant rainfall has improved soil moisture and is expected to support the coffee fruit development process in the Central Highlands region, the largest Robusta coffee production region in the country.
In the long term, the coffee market has been under pressure in the past three weeks due to the prospect of abundant global supply. In its latest report, the International Coffee Organization (ICO) forecasts record global coffee production and market surplus.
According to ICO, global coffee production in the 2025-2026 crop year is estimated to increase by 4.4% compared to the previous crop year to a record 183.6 million bags, while consumption decreased by 0.9% to 180.6 million bags. This caused output to exceed demand by about 3 million bags, the market fell into a state of oversupply for the first time after 4 years.
U.S. inventory data also added further pressure on prices. Crude stocks dropped by only 640,000 barrels last week compared with expectations for the decline of 1.62 million barrels. The smaller draw suggests that the domestic supply is not tightening as quickly as expected. It also encouraged profit taking after the oil price reached near the $110 level earlier this week.
In my view, the alternative export route for Saudi Arabia may limit gains in oil prices in the short term. But fresh attacks or prolonged disruption at Yanbu could quickly push oil prices higher again.