FX.co ★ EUR/USD. Technical Analysis on October 24, 2025

Trend Analysis (Fig. 1)On Friday, from the 1.1617 level (yesterday's daily candle close), the market may start moving downward toward the target of 1.1576 — the lower fractal (daily candle from October 22, 2025). When testing this level, a corrective upward price movement is possible, targeting 1.1593 — the 61.8% retracement level (blue dashed line).

Fig. 1 (Daily Chart)

Comprehensive Analysis:

• Indicator analysis — down
• Fibonacci levels — down
• Volume — down
• Candlestick analysis — down
• Trend analysis — down
• Bollinger Bands — down
• Weekly chart — up

Overall conclusion: Downward trend.

Alternative Scenario:

Today, from the 1.1617 level (yesterday's daily candle close), the price may begin moving downward toward 1.1556 — a historical support level (blue dashed line). When testing this level, a corrective upward price movement is possible, targeting 1.1576 — the lower fractal (daily candle from October 22, 2025).