EUR/USD. Technical Analysis on October 20, 2025

[Redator]

Trend Analysis (Fig. 1)On Monday, from the level of 1.1650 (the closing price of Friday's daily candle), the market may begin an upward movement with the target at 1.1710 — the 23.6% retracement level (red dashed line). Upon reaching this level, a downward movement is possible toward 1.1686 — the 38.2% retracement level (yellow dashed line).

Fig. 1 (Daily Chart)

Comprehensive Analysis:

• 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:

From the level of 1.1650 (the closing price of Friday's daily candle), the price may begin an upward movement toward 1.1689 — the historical resistance level (blue dashed line). Upon reaching this level, a corrective downward move is possible toward 1.1765 — the 50% retracement level (blue dashed line).

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