In EURUSD, the situation has remained unchanged since Monday's analysis; the price received support from the 1.15350 zone once more and started to increase toward 1.16160. Now if this zone supports the price and it continues to increase, it could start to reach our targets at 1.17300, 1.18420-1.18710, 1.19230, or possibly 1.20040. However, if the 1.15310 level does not support the price, it could decrease more to see the targets at the 1.14550 and 1.13540-1.13750 zones.
In WTI, as precisely mentioned in Monday's analysis, the 58.100-57.800 zone is still trying to support the price. If this zone acts as support it may continue to increase toward the 60.980-61.400 level, and if it provides a close above 62.500, then it could continue to move toward the ranges of 64.690, 65.710, 67.790-67.980, and even 69.100. However, if the 58.100-57.800 zone fails to support the price then it could decrease further toward the ranges of 55.840, 54.635, and 52.020.
In XAUUSD, as precisely mentioned in Monday’s analysis, the price continued to increase and provided a close above 4079, then moved toward our targets at the 4098-4101, 4143-4149, and 4192-4205 zones. Now if the price continues to increase and provide a close above 4205, then it could continue to move toward the 4235-4246, 4262-4273, and 4307 zones. But if the 4192-4205 zone acts as resistance, then it could start to retrace some of its movements toward 4149-4143, 4104-4098, 4076-4068, 4053, 4017-4013, 3984-3976, 3925, 3905-3898, and 3880-3888.
In the S&P 500, the situation has remained unchanged from Monday’s analysis; the price is trading between the 6564 and 6675 zones. Now if it breaks below the 6500 zone, then it could continue to decrease toward 6478-6456, 6418, and 6364-6361. But if it continues to increase, it could move to 6698 and 6720-6727, and if it breaks above the 6760 level, then it could continue to reach our next targets at the 6788-6803, 6830-6837, and 6880 zones.
