EUR/USD Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
EUR/USD is testing the upper boundary of its multi-month descending channel and the 7-period SMA (~1.1165) around the 1.1202 – 1.1250 inflection zone after bottoming out in an October horizontal base between 1.1080 and 1.1100. The narrowing price action reflects waning bearish momentum, where a confirmed daily close above 1.1250 would trigger a bullish trend reversal targeting 1.1400 and 1.1600, while a rejection back below 1.1165 would keep the broader downtrend intact for a retest of the 1.1100 floor and potentially the lower channel boundary near 1.0950 – 1.1000.



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Thu, 29 Oct 2026 16:05:09 GMT

EUR/USD Technical Analysis

The Euro vs US Dollar is currently navigating a medium-term downtrend, having declined steadily from its early 2026 peak above 1.20000 with a clear sequence of lower highs and lower lows. Price action is now testing a critical horizontal support level at 1.11638, a structural zone that previously anchored the mid-2025 rally.

Wed, 28 Oct 2026 11:35:46 GMT

EUR/USD Technical Analysis

EUR/USD chart is testing a critical support zone around 1.1120 – 1.1125, following a steep, sustained sell-off from the recent rejection near 1.1220. This area represents the lower boundary of the broader multi-week range and aligns with the major mid-month swing low. While the prevailing short-term trend remains firmly bearish—marked by consecutive lower highs and lower lows—the RSI (14) has

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