EURUSD price surrenders to the negative pressure-Analysis-06-10-2025

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The (EURUSD) price declined in its last trading on an intraday basis, amid the dominance of the bearish corrective trend on the short-term basis and its trading alongside supportive trendline, thus decline comes with the continuation of the negative pressure due to its trading below EMA50, which reduces the recovery chances on the near-term basis.

A negative divergence is forming on the relative strength indicators, after reaching severe overbought levels compared to the price movement, besides the emergence of the negative signals from there, confirming the weakness on the current positive momentum, and increases the possibilities for continuing the decline in the upcoming period.

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