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EURUSD Shows Further Negative Signals – Analysis –29-10-2026
The EURUSD pair declined in its latest intraday trading, preparing to break the key support of 1.1115, amid continued negative pressure from trading below EMA50, which acts as dynamic resistance and reinforces the dominance of the main short-term downtrend, as the pair moves alongside a trend line supporting this bearish path.
This coincides with the emergence of a bearish crossover in the relative strength indicators after they reached extremely overbought levels, reinforcing the likelihood of further declines in the near term, amid converging negative signals and the continued dominance of the bearish trend.
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Evening update for Bitcoin – 28-10-2026
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