EURUSD price extends its gains-Analysis-17-10-2025-October 2024-www.financetom.com

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EURUSD price extends its gains-Analysis-17-10-2025

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EURUSD price extends its gains-Analysis-17-10-2025

Oct 16, 2025 10:49 PM

The (EURUSD) price continued its rise in its recent intraday trading, taking advantage of forming positive technical patterns on the short-term basis, represented by the double bottom pattern, which supports the continuation of the current bullish momentum, reinforcing the trading above EMA50, as dynamic support that keeps the stability of the bullish corrective trend.

This comes amid the emergence of the positive signals on the relative strength indicators, supporting the continuation of its gains on the near-term basis.

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