FX.co ★ EUR/USD. Indicator Analysis on August 29, 2025

Trend Analysis (Fig. 1).

On Friday, from the level of 1.1682 (yesterday's daily close), the market may begin moving down with a target of 1.1647 – the 21-day EMA (thin black line). When testing this line, a corrective upward move is possible with a target of 1.1697 – the 76.4% retracement level (yellow dotted 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 – up.

General conclusion: bearish trend.

Alternative scenario: Today, from the level of 1.1682 (yesterday's daily close), the price may start moving down with a target of 1.1640 – the 61.8% retracement level (yellow dotted line). When testing this level, a corrective upward move is possible with a target of 1.1697 – the 76.4% retracement level (yellow dotted line).