{"id":120511,"date":"2025-11-03T10:35:01","date_gmt":"2025-11-03T06:35:01","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120511"},"modified":"2025-11-03T10:35:05","modified_gmt":"2025-11-03T06:35:05","slug":"euro-tracks-along-a-descending-trendline-3-11-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/euro-tracks-along-a-descending-trendline-3-11-2025\/11\/03\/tech-analysis\/","title":{"rendered":"Euro Tracks Along a Descending Trendline 3\/11\/2025"},"content":{"rendered":"\n

The pair extended last week\u2019s downtrend in line with our bearish view, reaching the first target at 1.1550<\/strong> and posting a 1.1532<\/strong> low.<\/p>\n\n\n\n

Technical outlook (4H)<\/h3>\n\n\n\n
    \n
  • RSI:<\/strong> Deep in oversold territory, which may prompt a brief corrective bounce<\/strong> before the primary downtrend resumes.<\/li>\n\n\n\n
  • SMAs & structure:<\/strong> Price remains below the simple moving averages<\/strong> and continues to respect a descending trendline<\/strong>, keeping recovery attempts capped.<\/li>\n<\/ul>\n\n\n\n

    Base case (bearish while below 1.1560\/1.1600)<\/h3>\n\n\n\n
      \n
    • Maintaining trade below 1.1560<\/strong>\u2014and more broadly below 1.1600<\/strong>\u2014keeps the downside favored<\/strong>.<\/li>\n\n\n\n
    • A clean break\/4H close beneath 1.1550<\/strong> would expose 1.1500<\/strong>, then 1.1450<\/strong>.<\/li>\n<\/ul>\n\n\n\n

      Invalidation \/ upside toggle<\/h3>\n\n\n\n
        \n
      • Reclaiming 1.1600<\/strong> and then 1.1630<\/strong> would neutralize immediate downside pressure and allow a limited corrective move<\/strong> higher.<\/li>\n<\/ul>\n\n\n\n

        Risk note<\/h3>\n\n\n\n

        Volatility remains elevated amid trade tensions; use prudent sizing and hard stops. Scenario probabilities can shift quickly if these levels break.

        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

        S1: 1.1500<\/strong><\/td>R1: 1.1560<\/strong><\/td><\/tr>
        S2: 1.1450<\/strong><\/td>R2: 1.1595<\/strong><\/td><\/tr>
        S3: 1.1420<\/strong><\/td>R3: 1.1630<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n


        <\/p>\n\n\n\n

        <\/p>\n","protected":false},"excerpt":{"rendered":"

        The pair extended last week\u2019s downtrend in line with our bearish view, reaching the first target at 1.1550 and posting a 1.1532 low. Technical outlook (4H) RSI: Deep in oversold territory, which may prompt a brief corrective bounce before the primary downtrend resumes. SMAs & structure: Price remains below the simple moving averages and continues …<\/p>\n","protected":false},"author":9,"featured_media":120517,"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-120511","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\/120511","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=120511"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120511\/revisions"}],"predecessor-version":[{"id":120518,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120511\/revisions\/120518"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120517"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}