FX.co ★ EUR/USD. Technical Analysis on November 4, 2025

Trend Analysis (Fig. 1).On Tuesday, the market from the level of 1.1518 (the close of yesterday's daily candle) may begin moving upward toward the target of 1.1560 — the 14.6% retracement level (yellow dashed line). When testing this level, the price may possibly pull back downward toward the 5-period EMA — 1.1545 (thin red line).

Fig. 1 (Daily Chart).

Comprehensive Analysis:

• Indicator analysis – upward;
• Volume – upward;
• Candlestick analysis – upward;
• Trend analysis – upward;
• Bollinger Bands – upward;
• Weekly chart – upward.

Overall conclusion: Upward trend.

Alternative scenario: From the level of 1.1518 (the close of yesterday's daily candle), the price may begin moving upward toward the target of 1.1545 — the 5-period EMA (thin red line). Upon testing this line, the price may possibly pull back downward toward 1.1515 — the 76.4% retracement level (blue dashed line).