The Euro Dollar EUR/USD currency pair continues to move within a growing and bullish channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, indicating selling pressure on the European currency and a potential further decline in the currency pair from current levels. At the time of publication of this forecast, the Euro to Dollar exchange rate is currently at 1.1661. As part of the Forex forecast for October 30, 2025, we expect an attempt to continue the decline and a test of the support level located near 1.1625 on the EUR/USD pair. Subsequently, an upward rebound in prices and the beginning of a bullish momentum in the Euro Dollar currency pair is expected. The potential target for such a move on Forex is above 1.1845.
EUR/USD Forecast Euro Dollar for October 30, 2025
An additional signal in favor of a growth scenario for the EUR/USD currency pair tomorrow will be a rebound from the support line on the RSI indicator. A second signal in favor of this scenario will be a rebound from the lower boundary of the bullish channel. A price decline and a breakout of 1.1545 will cancel the upward trend for the EUR/USD currency pair tomorrow. This will indicate a breakout of the support area and a continuation of the decline to 1.1395. Expect confirmation of the growth scenario for the EUR/USD currency pair with a breakout of the resistance area at 1.1730, which will indicate a breakout of the upper boundary of the downward correction channel.
EUR/USD Forecast Euro Dollar for October 30, 2025 suggests an attempt at a bearish correction in currency quotes, testing support near 1.1625. This is where we should expect an upward rebound in the EUR/USD pair and an attempt at continued growth to 1.1845. A rebound from the support line on the relative strength indicator (RSI) will serve as a supporting signal for an upside move in the Forex market. A decline in quotes and a breakout of 1.1545 will cancel out the EUR/USD rally. This will indicate a breakout of the support zone and a continued decline in the Forex currency pair toward 1.1395.
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