{"id":119513,"date":"2025-10-03T09:24:47","date_gmt":"2025-10-03T05:24:47","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=119513"},"modified":"2025-10-03T09:24:51","modified_gmt":"2025-10-03T05:24:51","slug":"below-the-downtrend-line-where-is-eur-usd-heading-3-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/below-the-downtrend-line-where-is-eur-usd-heading-3-10-2025\/10\/03\/tech-analysis\/","title":{"rendered":"Below the Downtrend Line: Where Is EUR\/USD Heading? 3\/10\/2025"},"content":{"rendered":"\n<p>The pair moved lower in line with the previous bearish outlook, approaching the first downside target at <strong>1.1665<\/strong> and recording a low of <strong>1.1683<\/strong>.<\/p>\n\n\n\n<p><strong>Technical Outlook:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>50-day SMA:<\/strong> Price action remains capped below the moving average, which acts as dynamic resistance, limiting upside potential.<\/li>\n\n\n\n<li><strong>RSI:<\/strong> After a brief intraday rise, the indicator entered overbought territory, reflecting weak bullish momentum.<\/li>\n\n\n\n<li><strong>Trendline:<\/strong> Movement remains aligned with a descending channel, confirming the broader downtrend.<\/li>\n<\/ul>\n\n\n\n<p><strong>Probable Scenario:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bearish Case:<\/strong> Stability below <strong>1.1760<\/strong> reinforces the downside bias, with a break of <strong>1.1690<\/strong> paving the way toward <strong>1.1645<\/strong> and then <strong>1.1605<\/strong>.<\/li>\n\n\n\n<li><strong>Bullish Case:<\/strong> A confirmed break above <strong>1.1765<\/strong> could restart recovery attempts, targeting <strong>1.1800<\/strong> and potentially extending gains to <strong>1.1835<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Risk Warning:<\/strong> Today\u2019s high-impact <strong>US data releases (Nonfarm Payrolls, Unemployment Rate, and Average Hourly Earnings)<\/strong> could trigger strong volatility. Risks remain elevated amid trade tensions and geopolitical uncertainty, keeping all scenarios possible.<br><br><strong>Risk Disclaimer:<\/strong> Trading CFDs involves risks, and therefore the scenarios outlined above are not a recommendation to sell or buy but rather an explanatory reading of price movement on the chart.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>S1: 1.1685<\/strong><\/td><td><strong>R1: 1.1760<\/strong><\/td><\/tr><tr><td><strong>S2: 1.1645<\/strong><\/td><td><strong>R2: 1.1800<\/strong><\/td><\/tr><tr><td><strong>S3: 1.1600<\/strong><\/td><td><strong>R3: 1.1835<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><br><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pair moved lower in line with the previous bearish outlook, approaching the first downside target at 1.1665 and recording a low of 1.1683. Technical Outlook: 50-day SMA: Price action remains capped below the moving average, which acts as dynamic resistance, limiting upside potential. RSI: After a brief intraday rise, the indicator entered overbought territory, &hellip;<\/p>\n","protected":false},"author":9,"featured_media":119519,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[],"class_list":["post-119513","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=119513"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119513\/revisions"}],"predecessor-version":[{"id":119520,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119513\/revisions\/119520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/119519"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}