In EURUSD, as precisely mentioned in Monday’s analysis, the price failed to provide a close above the 1.17350 and the 1.16920 acted as resistance and pushed the price toward our target at 1.16120. Now if this zone supports the price then it could continue to move higher and hit the level 1.16920, 1.17455, 1.18420-1.18710, 1.19230 and even 1.20040. But if it fails to support then it could start to decrease toward 1.15310 and if it breaks below, then it could decrease toward our targets at 1.14550 and 1.13540-1.13750 zones.
In WTI, as precisely mentioned in Monday's analysis, the price was unable to provide a close below the 61.000 and started to increase toward 62.350. Now if it breaks above this zone with a close above the 63.250 then it could continue to increase toward 64.690, 65.970-65.710, 67.790-67.980 and 69.100. but if it brakes below 59.900 then it could decrease further toward 59.200-58.840 and 57.800-58.100.
In XAUUSD, as precisely mentioned in Monday’s analysis, the price failed to break above 3368, therefore started to decrease with a close below 3323 and returned to test 3314-3305. Now if this zone acts as a support then it could start to increase toward 3358 and 3368, if it breaks above 3368, then it could continue to move toward 3383, 3398-3407. But if the 3314-3305 zone fails to support the price, then it could decrease toward 3289 for support and If then it fails to support, it could decrease further to 3247, 3213-3224, and 3173-3182.
In the S&P 500, as precisely mentioned in Monday’s analysis, the 6456-6475 level acted as resistance and pushed the price toward our target at 6418. Now if the 6361-6364 zone acts as support then the price could continue to increase toward 6418, 6478-6456, and if it breaks the 6478-6456 with a close above the 6490, then it could continue to increase toward 6504-6519 and 6598. but if the 6361-6364 zone fail to support the price then it could decrease further toward our target at 6335-6326 to receive support, but if it fails to do so then it could decrease further toward 6300, 6227-6214, 6177, and 6132-6119.
