FX.co ★ EUR/USD. Technical Analysis on October 2, 2025

Trend Analysis (Fig. 1).

On Thursday, the market from the level of 1.1729 (yesterday's daily close) may continue moving upward toward the target of 1.1782 – the 50% retracement level (red dashed line). Upon testing this level, the price may roll back downward with a target of 1.1717 – the 38.2% retracement level (blue dashed line).

Fig. 1 (daily chart).

Comprehensive Analysis:

• indicator analysis – upward;
• Fibonacci levels – upward;
• volumes – upward;
• candlestick analysis – upward;
• trend analysis – upward;
• Bollinger Bands – upward;
• weekly chart – upward.

General conclusion: upward trend.

Alternative scenario: on Thursday, the market from the level of 1.1729 (yesterday's daily close) may continue moving upward toward the target of 1.1749 – the 38.2% retracement level (red dashed line). Upon testing this level, the price may roll back downward with a target of 1.1685 – the 14.6% retracement level (red dashed line).