FX.co ★ EUR/USD. Technical Analysis on November 3, 2025

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.