In EURUSD, as precisely mentioned in Wednesday’s analysis, the price broke above the 1.13540 zone. Now, if it provides a close above 1.14350, then it could reach the 1.14950–1.15310, 1.16460–1.16920, and 1.18420 zones. But if the price comes below the 1.11670 zone and breaks it with a close below 1.11300, then it could decrease further toward 1.10060, 1.09370, and also the 1.0800 zone.
In WTI, as mentioned in Wednesday’s analysis, the price was unable to break above the 62.300-62.770 zone with a close above 64.750 and it has started to retrace some of its movement and if it provides a close below 59.800, then it could move toward the 59.200-58.800 and 58.140-57.600 zones to receive support from them. But if it increases once more toward the 62.300-62.770 and breaks above it, then it could reach our next targets at the 65.700-65.970 and 68.280-68.500 zones.
In XAUUSD, as mentioned in Monday’s analysis, the price tested the 3289 zone and has started to move toward the 3384, 3393-3405, and 3448 zones. Now the price might come back to test the 3304-3298 zone for support and then continue to move toward the 3384, 3393-3405, and 3448 zones. But the retracement could be deeper, and price tries to test the 3239–3247 or 3220–3211 zones, but if these zones fail to support the price and we observe a price close below 3150, then it could decrease further toward the 3112–3097, 3077, 3054, and 2996–2988 zones.
In the S&P 500, as aforementioned in Wednesday’s analysis, the 5973 zone stopped the price's bullish momentum and pushed it toward our target at 5838-5814. Now, if we observe a price close below 5740, it could continue to decrease further toward 5692-5674, and if this zone fails to support the price and we witness a close below the 5571 zone, then it could further decrease toward the 5269-5227, 5115, and 5010-4947 zones. But if it breaks above the 5973 zone in order to continue its bullish trend, then it could reach the 6041-6068 and 6120-6136 zones.
