03.11.202511:17 Forex Analysis & Reviews: EUR/USD. Technical Analysis for November 2025

Trend Analysis.In November, from the 1.1537 level (closing of the October monthly candle), the price may continue moving downward toward the target of 1.1252 – the 38.2% retracement level (yellow dashed line). From this level, a corrective upward movement of the market is possible toward 1.1446 – the 8-period EMA (thin blue line).

Fig. 1 (Monthly Chart).

Indicator Analysis:

Indicator analysis – downward;
Fibonacci levels – downward;
Volumes – downward;
Candlestick analysis – downward;
Trend analysis – downward;
Bollinger Bands – downward.

Conclusion from comprehensive analysis: A downward trend is possible.

Overall summary of the monthly EUR/USD candle calculation:The price will most likely show a downward trend, with no upper shadow on the monthly black (bearish) candle (the first week of the month – bearish), and with the second lower shadow forming later (the last week of the month – bullish).

Alternative scenario:From the 1.1537 level (closing of the October monthly candle), the price may continue moving downward toward 1.1217 – a historical support level (light blue dashed line). From this line, an upward movement toward 1.1252 – the 38.2% retracement level (yellow dashed line) – is possible.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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