EUR/USD. Technical Analysis on October 10, 2025

[Redator]

Trend Analysis (Fig. 1).

On Friday, from the level of 1.1556 (yesterday's daily candle close), the market may continue to move downward toward the target of 1.1529 – the lower boundary of the Bollinger Bands indicator (black dotted line). When testing this line, a pullback upward is possible with a target of 1.1556 – the historical support level (blue dotted line).

Fig. 1 (daily chart).

Comprehensive Analysis:

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

General conclusion: downward trend.

Alternative scenario: Today, from the level of 1.1556 (yesterday's daily candle close), the price may continue to move downward with a target of 1.1542 – the lower fractal (daily candle from October 9, 2025). When testing this level, a pullback upward is possible with a target of 1.1556 – the historical support level (blue dotted line).

The material has been provided by InstaForex Company - www.instaforex.com