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Forecast update for EURUSD -16-10-2025.
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Forecast update for EURUSD -16-10-2025.
Oct 16, 2025 5:25 AM

The price of (EURUSD) declined in its last intraday trading, to gather its previous rises and attempt to gain bullish momentum that might help it to recover and rise again, besides offloading its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, amid the continuation of the dynamic support due to its trading above EMA50, affected by bullish technical formation on the short-term basis (the double bottom pattern).

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