In EURUSD, as precisely mentioned in Wednesday’s analysis, the price received support and continued to move toward our targets at 1.16920 and 1.17455. Now if the price continues to increase, it could reach 1.18420-1.18710, 1.19230 and even 1.20040. But if it fails to provide a close above the 1.17500 and face a resistance then it could start to decrease toward 1.16160 and 1.15310, if these two fails to support the price, then it could decrease further toward our targets at 1.14550 and 1.13540-1.13750 zones.
In WTI, as precisely mentioned in Wednesday's analysis, the price breaked above 62.350 and increased toward our target at 63.250. Now if it provides a close above the 63.800 then it could continue to increase toward 64.690, 65.970-65.710, 67.790-67.980 and 69.100. It also might come back to test the 61.400-60.990 zone for support, but if it brakes below 60.980 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 received support from the 3314-3305 zone and struck toward our targets at 3358 and 3368. Now if the 3368 zone acts as a support and price provides a close above the 3379, then it could start to increase toward 3383, 3398-3407 and 3429. But if the 3368 or 3358-3350 zones fails to support the price, then it could decrease toward 3314-3305 once more and If the price break below this zone , it could decrease further toward 3289, 3247, 3213-3224, and 3173-3182.
In the S&P 500, as precisely mentioned in Wednesday’s analysis, the price received support from 6361-6364 and moved toward our targets at 6418 and 6478-6456. Now if the price continues to increase and breaks the 6478-6456 with a close above the 6490, then it could continue to increase toward 6504-6519 and 6598. but if the 6478-6456 zone act as resistance, then it could decrease further toward our target at 6418, 6361-6364 and 6335-6326 to receive support, but if these zones fails to do so then it could decrease further toward 6300, 6227-6214, 6177, and 6132-6119.
