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Friday, October 31, 2025

EUR/USD. Technical Analysis on October 31, 2025

Trend Analysis (Fig. 1)

On Friday, the market may continue moving downward from the 1.1569 level (the closing price of yesterday's daily candle) toward the 1.1542 target — the lower fractal (yellow dotted line). Upon testing this level, a pullback movement upward toward 1.1556 is possible — a historical resistance level (blue dotted line).

Photo for the article EUR/USD. Technical Analysis on October 31, 2025

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

Overall conclusion: Downward trend.

Alternative scenario:Today, from the 1.1569 level (closing price of yesterday's daily candle), the price may start moving downward toward 1.1516 — the 76.4% retracement level (blue dotted line). Upon testing this level, a pullback upward movement toward 1.1542 — the lower fractal (yellow dotted line) — is possible.

The material has been provided by - RobotFX.Org

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