FX.co ★ EUR/USD. Indicator Analysis and Daily Overview on August 1, 2025

Trend Analysis (Fig. 1)

On Friday, starting from the 1.1414 level (yesterday's daily candle close), the market may continue moving upward toward the target of 1.1456 — the 14.6% retracement level (yellow dashed line). Upon testing this level, a further upward move is possible toward the target of 1.1492 — the 23.6% retracement level (yellow dashed line).

Figure 1 (Daily Chart)

Comprehensive Analysis Summary:

• Indicator analysis – upward;
• Fibonacci levels – upward;
• Volume – upward;
• Candlestick analysis – upward;
• Trend analysis – upward;
• Bollinger Bands – upward;
• Weekly chart – upward.

Overall conclusion: Upward trend.

Alternative Scenario: Today, starting from the 1.1414 level (yesterday's daily candle close), the price may begin an upward movement toward the target of 1.1471 — a historical resistance level (blue dashed line). Upon testing this level, a pullback downward is possible toward 1.1456 — the 14.6% retracement level (yellow dashed line).