Category: Forex News, News

Forecast update for EURUSD -28-10-2026

By │Published On: October 29, 2026│0.4 min read│Views: 1│0 Comments on Forecast update for EURUSD -28-10-2026│

 

 

The EURUSD pair continues to extend its consecutive losses in recent intraday trading, breaking the key support level of 1.1130 and intensifying the negative pressure on the pair. This comes amid the dominance of the short-term bearish trend, with the pair moving alongside a supporting trend line. Additional negative pressure stems from trading below EMA50. However, a positive crossover has begun to emerge on the relative strength indicators, helping the pair maintain some stability against these bearish pressures.

 




Source link

banner image

Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Share this article:

Leave A Comment