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Tuesday, October 28, 2025

EUR/USD. Technical Analysis on October 28, 2025

Trend Analysis (Fig. 1).On Tuesday, the market, starting from the level of 1.1644 (yesterday's daily candle close), may continue moving upward toward the target of 1.1686 — the 38.2% retracement level (yellow dashed line). Upon testing this level, the price may pull back downward to test the support line at 1.1668 (thick red line).

Photo for the article EUR/USD. Technical Analysis on October 28, 2025

Fig. 1 (Daily Chart).

Comprehensive Analysis:

  • Indicator analysis – 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 1.1644 (yesterday's daily candle close), the price may continue moving upward toward 1.1668 — the support line (thick red line). Upon testing this line, the price may pull back downward toward 1.1645 — the upper fractal (red dashed line).

The material has been provided by - RobotFX.Org

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