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

Trend Analysis (Fig. 1).

On Wednesday, the market may continue moving upward from the 1.1621 level (yesterday's daily candle close) toward the target of 1.1655 — the 50% pullback level (blue dotted line). When testing this level, the price may possibly pull back downward to the target of 1.1640 — the 38.2% pullback level (yellow dotted line).

Fig. 1 (daily chart).

Comprehensive Analysis:

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

Overall conclusion: upward trend.

Alternative scenario: From the 1.1621 level (yesterday's daily candle close), the price may continue moving upward toward the target of 1.1640 — the 38.2% pullback level (yellow dotted line). When testing this level, the price may possibly pull back downward toward the target of 1.1625 — the upper fractal (daily candle of December 2, 2025).