Market Analysis 17 Nov 2025
In EURUSD, as precisely mentioned in Wednesday's analysis, the price continued to increase, reached our target at 1.16160, faced resistance, and is now trying to pull back to test the 1.15310 level. Now if the price receives support, then it could continue to increase and start to reach our targets at 1.16920, 1.17300, 1.18420-1.18710, 1.19230, or possibly 1.20040. However, if the 1.15310 or 1.14550 levels do not 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 60.980-61.400 zone acted as resistance and pushed the price toward our target at 59.200-58.800 and 58.100. Now if this zone supports the price, then it could increase and reach our target at 60.980 and 61.850 and if it provides a close above the 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 58.150–57.600 zone fails to act as support, then it decreases further toward the ranges of 55.840, 54.635 and 52.020.
In XAUUSD, as precisely mentioned in Wednesday’s analysis, The price found support at 4101 and subsequently broke through the 4152 zone and started to move toward our targets at 4192-4205 and 4235, then it faced resistance at 4235 and moved toward our targets at 4076-4068 and 4053-4040. Now if this zone supports the price, then it could start to increase toward 4101, 4143-4149, 4185, 4192-4205, 4235, 4262, and even 4331. But if it fails to support, then it could decrease toward our targets at 4013, 4008-4003, and 3986-3976. Also, 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 6880 zone acted as resistance, and the 6837-6830 zone failed to support the price, and then it decreased toward our targets at 6803-6788, 6750, 6727-6720, 6698, and 6675-6665. Now if the price receives support from this zone, it could continue to increase and reach our targets at the 6788-6803, 6830-6837, 6880, 6914, 6939, 6978, and 7019-7031 zones. But if the 6625-6636 zone fails to support the price, then it could decrease toward the 6611, 6573-6564, 6539, 6519-6504, and 6478-6456 zones.
