Market Analysis 03 Nov 2025

In EURUSD, as mentioned in Wednesday's analysis, the price has broken below 1.16160 and moved toward our target at 1.15310. Now if this zone supports the price, then it could continue to increase and start to reach our targets at 1.16160, 1.17300, 1.18420-1.18710, 1.19230, or possibly 1.20040. However, if the 1.15310 level does not support the price, it could decrease further to reach the targets at the 1.14550 and 1.13540-1.13750 zones.

In WTI, as precisely mentioned in Wednesday's analysis, the price received support  from the 59.200-58.800 zone and started to move toward our target at 60.980-61.400. Now if the price continues to increase with 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 59.200-58.800 zone fails to act as support, then it decreases further toward the ranges of 58.100-57.700, 55.840, 54.635 and 52.020.

In XAUUSD, as precisely mentioned in Wednesday’s analysis, the price broke above 4016 and reached our target range of 4040-4045; however, after facing resistance, it has now entered a trading range between 3925 and 4040. Now if it breaks above 4045, then it could start to increase toward 4068-4076, 4098-4101, 4143-4149, and even 4192-4205. But if it breaks below 3925, then it could continue to move toward  3880, 3861, 3846-3839, 3821, 3806-3804, and 3782.

In the S&P 500, as precisely mentioned in Wednesday’s analysis, the price faced resistance at 6914 and it moved toward our targets at 6880 and 6873-6830.  Now if this zone acts as support and continues to increase and break above the 6923 level, then it could continue to reach our next targets in the 6939, 6978, and 7019–7031 zones. But if the 6830 zone fails to support the price, then it could decrease toward 6803-6788, 6750, 6727-6720, and 6698.