EUR/USD remains under pressure from the prevailing bearish trend – Analysis – 04/11/2025

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The EUR/USD pair declined during its most recent intraday trading session, after briefly easing some of its oversold conditions reflected on the relative strength indicators. This renewed downside pressure on the pair, as it continues to trade below the 50-day Exponential Moving Average (EMA50), which acts as dynamic resistance and limits any meaningful recovery attempts.

Technical indicators highlight the dominance of the main bearish trend in the short term, with price action moving along the descending trend line—confirming the strength of the ongoing negative momentum. As a result, the bearish outlook remains intact.

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