October 1, 2026
NEWS: EURUSD price is falling -0.3% . The euro has been pressured by concerns over Europe’s debt outlook and the impact of higher energy prices.
Possible Scenarios:
If EURUSD fails to breach through S1 of 1.12992, our Analysis Department expects EURUSD to undergo a short- term upward correction.
If EURUSD manages to break below its S1 of 1.12992, our Analysis Department expects EURUSD to extend its losses to its S2 of 1.12849
Support and Resistance Levels:
|
EURUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1.12706 |
1.12849 |
1.12992 |
1.13183 |
1.13374 |
1.13517 |
1.13660 |
Potential Profit or Potential Loss Calculations:
|
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €88.5 |
(+/-) £75.55 |
|||
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.12997
***GBP/USD = 1.32355
Calculations for exchange rate used as of Thursday, October 1, 2026, 8:34: AM
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