In EURUSD, the situation has not changed since Monday’s analysis. If the price receives support from our zone at 1.08060-1.07620 and the price continues its bullish momentum, then we have a target zone at 1.09070-1.09370 , 1.09820-1.10000, as well as 1.11450-1.11690. But if we see a price close below 1.07200 , then we have targets at 1.06950-1.06820 and 1.0630-1.0610; also, the price might decrease further and toward the 1.05270-1.05100 zone.
In WTI, as precisely mentioned in Monday’s analysis, the price, after testing the 68.100-67.900 zone, continued its bullish momentum toward our target at 70.510. If this zone supports the price, then it can move further toward our targets at 72.280 and 74.270. But if it fails to support, then the price will decrease toward our zones at 68.400 and 65.900.
In XAUUSD, as mentioned in Monday’s analysis, the price continued its bullish movement toward the 3118-3131 zone and is currently trading within this zone. If the price continues its bullish movement, then the price could move toward the 3160 , 3174-3185, and 3205 zones. But if the price breaks below 3100 with a strong close below the 3089 zone, then it could reach 3073-3066, 3045, and 3026-3018 as well.
In the S&P 500, as precisely mentioned in Monday’s analysis, the 5540-5523 zone acted as support and held the price, and it started to increase and moved toward the 5620 zone. Now if the price continues its bullish movement, then it can reach our next target at 5702-5720, 5750, and 5815-5840. But if this zone acts as resistance and the price continues its bearish movement and we see a strong close below 5489, then it can move lower and reach our target in the 5349-5336 and 5267-5222 zones.
