In EURUSD, as mentioned in Monday's analysis, the price continued its bullish movement and has reached our target zone at 1.09070-1.09370. If the price continues its strong bullish momentum, we have a target zone at 1.09820-1.10000, as well as 1.11450-1.11690. But if the price starts to retrace its bullish movement, 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 mentioned in Monday’s analysis, the price was retesting the 68.000-68.400 zone, and it has acted as a resistance and pushed the price lower toward our target at 65.810 once more. If this zone holds and acts as support and the price starts a bullish movement toward our resistance once more at 68.400, then if the price breaks above this zone and we get close above 68.820, then a bullish movement can begin toward our targets at 70.510, then 72.285, and also 74.270. But if the price breaks below our support zone at 65.810, the price can continue its bearish movement toward our support at 62.770-62.010 and also 60.590.
In XAUUSD, the price broke below the trading range mentioned in Monday's analysis, and we saw a good support from the 2880 zone, which pushed the price higher toward 2920 and within the mentioned trading range from 2893 to 2930, so first we should wait for CPI and a breakout from either side of this range if it starts another bullish trend and then movement toward the 2942-2945 zone is at reach; another bullish target will be at 2957 and 2974-2990. But if the price decreases and breaks below this trading range, then we can have eyes on 2843, and if we see a strong 4H close below 2829, then a bearish movement toward 2819, 2807, and 2754-2750 is foreseeable.
In the S&P 500, as mentioned in Monday’s analysis, the price continued its bearish momentum and reached our targets at 5690 and 5615. The price currently is trading below our zone at 5615-5592 if this zone holds as resistance and pushes the price lower, then we have targets at 5349-5336 zone. for the bullish movements, traders must wait for a close above 5870 before the price continues toward our bullish targets at 5902 and 6069.
