Market Analysis 31 Dec 2025
In EURUSD, the situation has remained unchanged since Monday's analysis; the price continued to retrace some of its bullish momentum. If the price receives support from the 1.16920–1.17150 zone and continues to increase with a close above 1.18100, it could potentially reach our targets at 1.18420–1.18710, 1.19230, or possibly 1.20040. However, if the price fails to find support at this zone and the 1.16160 level also fails to provide support, the price could decrease further to reach targets at the 1.14950, 1.13540–1.13750, and 1.13150–1.12890 levels.
In WTI, as precisely mentioned in Monday's analysis, the 56.570-56.180 zone supported the price and pushed it toward our target at 58.230. Now if the price breaks above the 58.230 zone with a close above 59.000, it could reach our targets at 59.610-59.900, 60.980-61.400, 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. However, if the price encounters resistance at the 58.230 level, it may begin to move towards the 56.570–56.180 range once more to seek support; additionally, if it fails to find support there, it could decline further towards the levels of 54.630, 52.020, and 49.880.
In XAUUSD, as precisely mentioned in Monday’s analysis. The price began to decline after the 4455 failed to support it. It then broke below the 4410–4399 zone and continued to decline toward our targets at 4352, 4343–4331, and 4303. The 4303 then provided support, and it began to move toward our target at 4399–4410 to test it for resistance, which pushed it down toward our next target at 4273–4262. The price may now retrace some of its bearish momentum and return to our targets at 4331-4343 and 4399-4410 if it receives support from the 4273-4262 zone. If it breaks through, it may continue to rise toward our targets at 4455-4460, 4482-4488, 4415, and 4529-4538. However, the price may drop further toward 4216-4205, 4149-4143, 4101, and 4076-4068 for support if 4462-4473 is unable to hold.
In the S&P 500, as precisely mentioned in Monday’s analysis, the 6939 zone acted as resistance and pushed the price toward our targets at the 6914-6904 and 6880 zones. Now if the price receives support and continues its bullish momentum, it could reach our targets at 6904-6914 and 6939. Furthermore, if it breaks this zone with a close above the 6946 level, it could reach our targets at the 6978, 7019-7031, and 7118-7141 zones. However, if the 6880 zone fails to support the price, it could decrease further toward the 6837-6830, 6803-6788, 6750, 6727-6720, 6698, and 6675-6665 zones to seek support.
