EUR/USD. Technical Analysis for the Week of November 3–8, 2025

[Ben Graham]

Trend Analysis (Fig. 1).This week, the market from the 1.1537 level (closing of the last weekly candle) may continue moving downward toward the target of 1.1391 – the 61.8% retracement level (blue dashed line). Upon testing this level, the price may rebound upward toward 1.1488 – a historical resistance level (light blue dashed line).

Fig. 1 (Weekly Chart).

Comprehensive Analysis:

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

Conclusion from comprehensive analysis: Downward movement.

Overall summary of the weekly EUR/USD candle calculation:The price will most likely show a downward trend during the week, with the first upper shadow forming on the weekly black (bearish) candle (Monday – upward movement), and the second lower shadow (Friday – upward movement).

Alternative scenario:From the 1.1537 level (closing of the last weekly candle), the pair may continue moving downward toward 1.1266 – the 76.4% retracement level (blue dashed line). Upon testing this level, the price may rebound upward toward 1.1391 – the 61.8% retracement level (blue dashed line).

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