06.10.202508:03 Forex Analysis & Reviews: Trading Signals for EUR/USD for October 6-8, 2025: buy above 1.1700 (200 EMA - 8/8 Murray)

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Early in the American session, the EUR/USD pair is trading with a positive bias around 1.1727. The euro is now above the 8/8 Murray, above the 21SMA, and within an uptrend channel formed on September 25.

If the euro consolidates above 1.1700 in the coming hours, we could expect it to close the gap it left around 1.1735 and could even continue rising to reach the top of the uptrend channel around 1.1805.

If the uptrend continues, we could expect the EUR/USD pair to reach the +8/8 Murray around 1.1840.

On the other hand, if the euro consolidates below 1.1717 and below 8/8 Murray, we can expect a sharp breakout of the uptrend channel, and the price could reach 7/8 Murray around 1.1596.

The Eagle indicator is showing a positive signal, so we believe that as the euro price consolidates above 1.1718 in the coming days, we will look for opportunities to take long positions.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.