Market Analysis 01 Dec 2025

In EURUSD, as precisely mentioned in Wednesday's analysis, after the price received support from the 1.14950 level, it increased and reached our target at 1.16160. Now if the price continues to increase with a close above 1.16600, it could continue to reach our targets at 1.16920, 1.17300, 1.18420–1.18710, 1.19230, or possibly 1.20040. However, if the 1.16160 acts as resistance and the 1.14950 level fails to support the price, it could decrease more to see the targets at the 1.13540-1.13750 and 1.13150-1.12890 zones.

In WTI, as precisely mentioned in Wednesday's analysis, the price finally received support from the 57.600-58.150 zone and reached our target at 59.100. Now if the 58.800–59.100 acts as support, then it could continue to increase and reach our target at 60.980 and 61.850, and if it provides a close above 62.500, then it might continue to move toward the ranges of 64.690, 65.710, 67.790–67.980, and even 69.100. But if the 58.800 and 58.150–57.600 zones fail to act as support, and prices provide a close below the 57.000 level, then it could decrease further toward the ranges of 55.840, 54.635, and 52.020.

In XAUUSD, as precisely mentioned in Wednesday’s analysis, The price continued to increase and after breaking above the 4150 zone with a close above the aforementioned 4171 level, it has reached our targets at 4185, 4192-4205, and 4235. Now if it breaks the 4235-4248 level with a close above 4257, then it could start to increase toward 4262, 4318-4331, 4353, and even the all-time high of 4399-4410. But if the 4318-4331 zone acts as resistance, then it could start to decrease toward 4262, 4248-4235, 4205-4192, and 4149-4143 zones to receive support.

In the S&P 500, as precisely mentioned in Wednesday’s analysis, the price continued to increase and it has reached our target at the 6830-6837 zone and faced a resistance at this zone and has returned to test the 6803-6788 zone. Now if this zone supports the price and it continues to increase, it could reach our targets at the 6830-6837, 6880, 6914, 6939, 6978, and 7019-7031 zones. But if the 6788 level fails to support the price, then it could decrease toward the 6750, 6727-6720, 6698, and 6675-6665 zones to receive support from them.