Trend analysis.
In the coming week, the price will move down with the first target of 1.1181 – the lower fractal.
Fig. 1 (weekly chart).
Complex analysis:
- Indicator analysis – up;
- Fibonacci levels – down;
- Volumes – down;
- Candlestick analysis – down;
- Trend analysis – down;
- Bollinger Bands – down;
- Monthly schedule – down.
The conclusion from the complex analysis is the downward movement.
The overall result of the calculation of the EUR/USD currency pair candle on the weekly chart: the price of the week is likely to have a downward trend with the absence of the first upper shadow of the weekly black candle (Monday – down) and the presence of the second lower shadow (Friday – up).
