EUR/USD. Technical Analysis on November 3, 2025

[Ben Graham]

Trend Analysis (Fig. 1).On Monday, the market from the level 1.1537 (Friday's daily candle close) may begin to move upward toward the target of 1.1556 – a historical resistance level (light blue dashed line). Upon reaching this level, a downward movement may follow toward the target of 1.1542 – the lower fractal (yellow dashed line).

Fig. 1 (Daily Chart).

Comprehensive Analysis:

• Indicator analysis – upward;
• Fibonacci levels – upward;
• Volumes – upward;
• Candlestick analysis – upward;
• Trend analysis – upward;
• Bollinger Bands – upward;
• Weekly chart – upward.

Overall conclusion: Upward trend.

Alternative scenario:From the level 1.1537 (Friday's daily candle close), the price may continue moving downward toward the 1.1515 level – the 76.4% retracement level (blue dashed line). Upon reaching this level, a corrective upward movement toward 1.1556 – the historical resistance level (light blue dashed line) – is possible.

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