{"id":120353,"date":"2025-10-28T09:48:41","date_gmt":"2025-10-28T05:48:41","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120353"},"modified":"2025-10-28T09:48:43","modified_gmt":"2025-10-28T05:48:43","slug":"eur-usd-climbs-on-a-firm-rising-trendline-28-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eur-usd-climbs-on-a-firm-rising-trendline-28-10-2025\/10\/28\/tech-analysis\/","title":{"rendered":"EUR\/USD Climbs on a Firm Rising Trendline 28\/10\/2025"},"content":{"rendered":"\n<p>EUR\/USD extended its decline last session, with sellers repeatedly pressuring the <strong>1.1600<\/strong> psychological floor amid a persistent short-term downtrend.<\/p>\n\n\n\n<p><strong>Technical:<\/strong><br>Price is tracking a <strong>descending sub-channel<\/strong> and remains <strong>below the downtrend line<\/strong>, while <strong>simple moving averages<\/strong> cap rallies as <strong>dynamic resistance<\/strong>\u2014all consistent with continued seller control. <strong>RSI<\/strong> is nearing <strong>oversold<\/strong>, which could prompt a brief pause or shallow bounce to relieve downside momentum before trend pressure resumes.<\/p>\n\n\n\n<p><strong>Base case:<\/strong><br>Maintaining <strong>below 1.1650<\/strong> keeps the bearish bias intact. A <strong>decisive break under 1.1600<\/strong> would likely extend losses toward <strong>1.1575<\/strong>, then <strong>1.1530<\/strong>.<\/p>\n\n\n\n<p><strong>Alternative:<\/strong><br>A <strong>clear reclaim and hold above 1.1650<\/strong> would temper the downside and allow a <strong>retest of 1.1690<\/strong>, though the broader tone stays fragile unless higher levels are secured.<\/p>\n\n\n\n<p><strong>Risk:<\/strong><br>Trade\/geopolitical headlines can trigger abrupt two-way moves. Use disciplined sizing and clear invalidation levels; conditions may not suit all risk profiles.<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: 1.1630<\/strong><\/td><td><strong>R1: 1.1680<\/strong><\/td><\/tr><tr><td><strong>S2: 1.1600<\/strong><\/td><td><strong>R2: 1.1720<\/strong><\/td><\/tr><tr><td><strong>S3: 1.1575<\/strong><\/td><td><strong>R3: 1.1750<\/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>EUR\/USD extended its decline last session, with sellers repeatedly pressuring the 1.1600 psychological floor amid a persistent short-term downtrend. Technical:Price is tracking a descending sub-channel and remains below the downtrend line, while simple moving averages cap rallies as dynamic resistance\u2014all consistent with continued seller control. RSI is nearing oversold, which could prompt a brief pause &hellip;<\/p>\n","protected":false},"author":9,"featured_media":120358,"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-120353","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\/120353","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=120353"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120353\/revisions"}],"predecessor-version":[{"id":120359,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120353\/revisions\/120359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120358"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}