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FX.co ★ EUR/USD. Indicator Analysis and Daily Overview for August 5, 2025

EUR/USD. Indicator Analysis and Daily Overview for August 5, 2025

Trend Analysis (Fig. 1)

On Tuesday, the market may continue moving downward from the level of 1.1570 (closing of yesterday's daily candle), targeting 1.1549 – the 38.2% retracement level (yellow dashed line). Upon testing this level, the price may rebound upward toward the 76.4% retracement level at 1.1611 (red dashed line).

EUR/USD. Indicator Analysis and Daily Overview for August 5, 2025

Fig. 1 (Daily Chart)

Comprehensive Analysis:

  • Indicator analysis – down
  • Volume – down
  • Candlestick analysis – down
  • Trend analysis – down
  • Bollinger Bands – down
  • Weekly chart – down

Overall conclusion: Downward trend.

Alternative Scenario: The price may continue moving downward from the level of 1.1570 (closing of yesterday's daily candle) toward 1.1519 – the lower fractal (daily candle of July 29, 2025). Upon testing this level, the price may rebound upward toward the 76.4% retracement level at 1.1611 (red dashed line).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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