Market Analysis 08 Dec 2025
In EURUSD, as precisely mentioned in Wednesday's analysis, the price received support from the 1.16160 level and is trying to break above the 1.16600 zone. Now if the price continues to increase with a close above 1.16830, 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 1.16920 zone acts as resistance and the 1.16160 level fails to support the price, along with the 1.14950 level also failing to provide support, the price could decrease further to reach the targets at the 1.13540–1.13750 and 1.13150–1.12890 zones.
In WTI, as specifically mentioned in Wednesday's analysis, the 58.150–57.600 zone acted as support, and the price is trying to reach our target at 60.980. Now if the price continues to increase, it could reach our targets 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 59.240 or 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 Wednesday’s analysis, The 4192-4205 zone supported the price and it started to increase toward our targets at the 4235-4248 and 4260 zones and, after facing resistance, has returned to the 4205-4192 zone. 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 4192 zone fails to support the price, then it could decrease toward 4149-4143 for support. And if it breaks below this zone, then it could move toward our next targets at 4101, 4076-4068, 4053-4040, and 4013.
In the S&P 500, as precisely mentioned in Wednesday’s analysis, the price continued to increase and after providing a close above 6860, it has reached our target at 6880. Now if the price continues to increase and provide a close above the 6897 zone, it could reach our targets at the 6914, 6939, 6978, and 7019-7031 zones. But if it fails to break above 6897 and also the 6837-6830 level fails to support the price, then it could decrease toward the 6803-6788, 6750, 6727-6720, 6698, and 6675-6665 zones to receive support from them.
