Trend Analysis (Fig. 1)

This week, the market may start moving upward from the level of 1.0815 (closing of the last weekly candle), targeting 1.0957 – the upper fractal (blue dashed line). Upon testing this level, the price may continue rising toward 1.1002 – the historical resistance level (light blue dashed line).

Fig. 1 (Weekly Chart)

Comprehensive Analysis:

• Indicator analysis – upward
• Fibonacci levels – upward
• Volume – upward
• Candlestick analysis – upward
• Trend analysis – upward
• Bollinger Bands – upward
• Monthly chart – upward

Conclusion based on the comprehensive analysis: upward movement.

Overall forecast for the EUR/USD weekly candle: the price will most likely show an upward trend throughout the week, with no lower shadow on the weekly white candle (Monday – upward movement) and a potential upper shadow (Friday – pullback).

Alternative scenario: the pair may start moving upward from the level of 1.0815 (closing of the last weekly candle), targeting 1.0957 – the upper fractal (blue dashed line). Upon testing this level, the price may pull back downward to 1.0890 – resistance line (bold white line).