In EURUSD, as mentioned in Wednesday’s analysis, the price is still trading between the 1.16920-1.16460 and 1.15310 zones. Now if it breaks above 1.16920, then it could start to move toward its bullish targets at 1.18420-1.18710, 1.19230 and 1.20040. But if the 1.15310 zone fails to support the price and it provides a close below 1.14450, it could then decrease toward the 1.13540-1.13750 zone.
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In WTI, as precisely mentioned in Wednesday’s analysis, the 64.690 zone acted as support and pushed the price toward our zone at 65.970. If this zone acts as support again, it could begin to increase further toward 68.360, 70.690, and 72.200. But if the 65.970-65.710 fails to support the price and the 64.690 or 63.900 zones also fail to stop the price and it provides a close below 63.400, it could decrease further toward 62.770-62.300 and 59.200-58.840.
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In XAUUSD, as precisely mentioned in Monday’s analysis, the price faced a resistance and started to decrease toward our target at 3320 and then received support from it and reached our targets at 3358 and 3368. Now if the price continues to increase and provides a close above 3378, then it could reach our targets at 3384, 3398-3407, 3429, and 3448. But if it fails to provide a close and faces resistance from the 3368 zone once more, then it could start to decrease further toward the 3320, 3289, 3247, 3224-3213, and 3182-3173 zones.
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In the S&P 500, as precisely mentioned in Wednesday’s analysis, the price received support from the 6214-6227 zone once more and reached our target at 6300. Now it is trying to reach our next targets at 6236-6335 and 6361. But the price might face a resistance and come back to test the 6214–6227 zone once more, and if this zone fails to support the price, then it could decrease further toward our targets at 6177, 6132–6119, 6063, and 5973.
