EUR/USD pair

Trend analysis (Figure 1)

In the coming week, the price will move up with the first target of 1.1235 – resistance line (white bold line), and then work up with the target of 1.1265 – 21 average EMA (black thin line). The probability of this event is 60%.

Fig. 1 (weekly chart).

Comprehensive analysis:

- Indicator analysis – up;

- Fibonacci levels – down;

- Volumes – down;

- Candle analysis – neutral;

- Trend analysis – up;

- Bollinger bands – down;

- Monthly chart – up.

The conclusion from the complex analysis – upward movement.

The overall result of the calculation of the EUR/USD currency pair candle on the weekly chart: the price in the week is likely to have an upward trend with the absence of the first lower shadow of the weekly white candle (Monday – up) and the absence of the second upper shadow (Friday – up)