In EURUSD, as precisely mentioned in Monday’s analysis, the price received support from the 1.14550–1.15310 zone and reached our target at 1.16460–1.16920. Now the price might face resistance from 1.16460 and could come back to test the 1.15310-1.14550 zone to receive support from it before moving toward the 1.16460 and 1.18420 zones. If this zone fails to support the price, and it provides a price close below 1.14450, then it could decrease toward the 1.13540-1.13750 zone, and also the price can break below this zone to move further to the 1.12890 and 1.11670 zones, and if it breaks it with a close below 1.11300, then it could decrease further toward 1.10060, 1.09370, and even to the 1.0800 zone.
In WTI, as precisely mentioned in Monday’s analysis, due to the ceasefire and cooling down of the geopolitical conflicts, the price started to decrease and after providing a close below 67.700, it has reached our targets at 65.970-65.710 and 64.690. Now, the price might receive support from 64.690 and start to move toward 65.970, 68.360, and 70.690. But if this zone fails to support the price and it provides a close below 63.750, it could decrease further toward 62.770-62.300 and 59.200-58.840.
In XAUUSD, as mentioned in Monday’s analysis, the 3345-3334 zone failed to support the price and after providing a close below 3312, it moved toward our target at 3298. Now the price is trying to return and test the 3334-3345 zone. If this zone acts as a resistance, the price could decrease further toward 3289, 3247, and 3224. But if the price continues to increase, it could reach our targets at 3358, 3384, 3405, 3448, and 3491-3501.
In the S&P 500, as precisely mentioned in Monday’s analysis, the price received support from the 5973 zone and continued its bullish momentum and reached our target at 6041-6068. Now if the 6041-6068 acts as support, then it could increase further toward 6120-6136, 6149 for an ATH and further toward 6197.5. But if the 6041 fails to support the price and it provides a close below the 5910, then it could decrease toward the 5896-5875, 5815-5788, and 5690-5672 zones.
