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

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).