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

Trend Analysis (Fig. 1)

On Thursday, from the level of 1.1670 (yesterday's daily candle close), the market may begin moving downward toward the target of 1.1640 — the 38.2% retracement level (yellow dashed line). When testing this level, the price may pull back upward toward the target of 1.1655 — the 50% retracement level (blue dashed line).

Fig. 1 (Daily Chart)

Comprehensive Analysis:

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

Overall Conclusion: A downward trend.

Alternative Scenario:On Thursday, from the level of 1.1670 (yesterday's daily candle close), the market may begin moving downward toward the target of 1.1619 — the 8-period EMA (thin blue line). When testing this line, the price may pull back upward toward the target of 1.1640 — the 38.2% retracement level (yellow dashed line).