Market Analysis 03 Dec 2025

In EURUSD, as mentioned in Monday's analysis, the price is trying to receive support from the 1.16160 level. 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 level fails to support the price and the 1.14950 level also fails, the price could decrease further to reach the targets in the 1.13540-1.13750 and 1.13150-1.12890 zones.

In WTI, as mentioned in Monday's analysis, 58.800 failed to support the price and it has moved toward the 58.150-57.600 zone. If this zone acts as support, the price could continue to increase and reach our targets at 60.980 and 61.850; if it closes above 62.500, the price might then move toward the ranges of 64.690, 65.710, 67.790-67.980, and even 69.100. But if the 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 mentioned in Monday’s analysis, The price failed to provide a close above 4257 and faced resistance at the 4262 zone, then started to move toward our targets at 4248-4235 and 4205-4192. Now if 4192-4205 supports the price and then breaks the 4262 level with a close above 4265, it could start to increase toward 4318-4331, 4353, and even the all-time high of 4399-4410. But if the 4262 zone acts as resistance, then it could start to decrease toward the 4248-4235, 4205-4192, and 4149-4143 zones to receive support.

In the S&P 500, as precisely mentioned in Monday’s analysis, the price received support from the 6803-6788 zone and has reached our target at 6837-6830. Now if the price continues to increase and provide a close above the 6860 zone, it could reach our targets at the 6880, 6914, 6939, 6978, and 7019-7031 zones. However, if the price fails to break above 6860 and subsequently declines, and then if the 6788 level does not provide support, it could lead to a decrease toward the 6750, 6727-6720, 6698, and 6675-6665 zones in search of support.