The Euro Dollar EUR/USD currency pair is ending the trading week with a decline near 1.1575. Moving averages indicate a bullish trend for the pair. Prices are again testing the area between the signal lines, indicating pressure from buyers of the European currency and a likely continuation of growth from current levels. As part of the Euro exchange rate forecast for the trading week, we expect an attempt to continue the upward movement of the EUR/USD pair and a test of the resistance area near 1.1725. From here, a downward rebound and continued decline in the Euro Dollar currency pair are expected this trading week. A potential upside target is below 1.0975.
EUR/USD Weekly Forecast October 13 – 17, 2025
An additional signal favoring a decline in the EUR/USD pair on Forex will be a test of the resistance line on the relative strength indicator (RSI). The second signal will be a rebound from the upper boundary of the Wedge reversal pattern. A strong rally and a breakout of 1.2145 will cancel the downward trend in the EUR/USD pair during the current trading week (October 13-17, 2025). This will indicate a breakout of the resistance area and continued growth above 1.2465. A breakout of the support area and a close below 1.1415 should confirm the pair’s decline, indicating a breakout of the lower boundary of the Wedge reversal pattern and the beginning of the pattern’s implementation with targets below.
EUR/USD Weekly Forecast October 13 – 17, 2025 suggests an attempt to develop a bullish correction and a test of the resistance area near 1.1725. From here, we should expect a price rebound and a continued decline in the Forex pair below 1.0975. A test of the resistance line on the relative strength indicator (RSI) would be an additional signal of decline. A strong rally and a breakout of 1.2145 would cancel out the EUR/USD decline. In this case, we should expect continued upside with a potential target at 1.2465.
