The Euro Dollar EUR/USD currency pair is ending the trading week with a decline near 1.1626. Moving averages indicate a bullish trend for the pair. Prices have broken above the signal lines, indicating upward 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 rise in the EUR/USD pair and a test of the resistance area near 1.1865. 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 1.1125.
EUR/USD Weekly Forecast October 27 – 31, 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 1.2075 will cancel the downward trend in the EUR/USD pair during the current trading week (October 27-31, 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 27 – 31, 2025 suggests an attempt at a bullish correction and a test of the resistance area near 1.1865. From there, a downward rebound and a continued decline in the pair on the Forex market below 1.1125 should be expected. 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 1.2075 would cancel the EUR/USD decline scenario. In this case, we should expect continued upward movement of the pair, with a potential target at 1.2465.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
