Technical Analysis of US Crude, XAUUSD, and EURUSD for Today (April 22, 2026)
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 entered a short-term uptrend yesterday.
The article covers the following subjects:
Major Takeaways
- USCrude: Oil has shifted to a bullish trend in the short term.
- XAUUSD: Gold is rising after testing the support A of 4,721–4,704.
- EURUSD: The euro is once again testing the support A of 1.1741–1.1730.
Oil Price Forecast for Today: USCrude Analysis
Oil changed its short-term trend to an uptrend yesterday, breaking above the resistance B of 87.76–86.95. Therefore, consider long trades today, once the price tests the support A of 86.21–85.67 and a Price Action pattern forms. The first target will be at 88.64, and the second one at 91.60.
If the oil price breaks below the support A, the correction will continue to the trend boundary at 83.52–82.71. Long trades can also be considered near this zone.
USCrude Trading Ideas for Today:
Buy near support A at 86.21–85.67. TakeProfit: 88.64, 91.60. StopLoss: 84.30.
Gold Forecast for Today: XAUUSD Analysis
Yesterday, the gold price tested the support A of 4,721–4,704 during a correction within the short-term uptrend. At the end of the US trading session, a Bullish Engulfing pattern emerged, signaling a buy opportunity. Thus, consider holding long trades opened at the support A, targeting 4,798 and the April 17 high around 4,891.
If the metal breaks below the support A today, the correction will extend toward the support B at 4,636–4,610.
XAUUSD Trading Ideas for Today:
Hold long trades opened at support A of 4,721–4,704. TakeProfit: 4,798, 4,891. StopLoss: 4,665.
Euro/Dollar Forecast for Today: EURUSD Analysis
The euro price has retreated to the support A at 1.1741–1.1730. Long trades can be considered near this zone, with the first target at 1.1790 and the second one at last week’s high of 1.1849.
If the price settles below the support A, the correction will continue to the support B of 1.1687–1.1670, the trend boundary. Consider long trades near this zone with the primary target at 1.1849.
EURUSD Trading Ideas for Today:
Hold long trades opened at support A of 1.1741–1.1730. TakeProfit: 1.1790, 1.1849. StopLoss: 1.1703.
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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