EUR/USD Daily Market Overview and Indicator Insights on October 22, 2025

Trend analysis (Figure 1).

On Wednesday, starting from the 1.1598 level (yesterday's daily close), the market may begin an upward move toward the 23.6% retracement at 1.1631 (yellow dotted line). Upon testing this level, the price may retreat toward the 61.8% retracement at 1.1593 (blue dotted line).

Figure 1: (Daily chart)

Comprehensive analysis:

• indicator-based analysis – up
• Fibonacci levels – up
• volume analysis – down
• candlestick analysis – down
• trend analysis – up
• Bollinger Bands – up
• weekly chart – up

Conclusion: bullish outlook

Alternative scenario: From the 1.1598 level (previous daily close), the euro/dollar pair may attempt an upward move toward 1.1608, a historical resistance level (light blue dotted line). If tested, the price could face pressure and retreat toward the 61.8% retracement at 1.1593 (blue dotted line).