EURUSD price is falling -0.4%
October 29, 2026
NEWS: EURUSD price is falling -0.4% after the European Central Bank kept rates unchanged at 2.65%
Possible Scenarios:
If EURUSD fails to breach through S2 of 1.11088, our Analysis Department expects EURUSD to undergo a short- term upward correction.
If EURUSD manages to break below its S2 of 1.11088, our Analysis Department expects EURUSD to extend its losses to its S3 of 1.10923
Support and Resistance Levels:
|
EURUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1.10923 |
1.11088 |
1.11253 |
1.11473 |
1.11693 |
1.11858 |
1.12023 |
Potential Profit or Potential Loss Calculations:
|
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €90.02 |
(+/-) £75.16 |
|||
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.11090
***GBP/USD = 1.33042
Calculations for exchange rate used as of Thursday, October 29, 2026, 1:21: PM