{"id":94157,"date":"2025-10-22T19:37:45","date_gmt":"2025-10-22T12:37:45","guid":{"rendered":"https:\/\/pediafx.com\/en\/zigzag-and-bb-decline-sharply-eurusd-set-to-continue-selling-pressure-tonight\/"},"modified":"2025-10-22T19:37:45","modified_gmt":"2025-10-22T12:37:45","slug":"zigzag-and-bb-decline-sharply-eurusd-set-to-continue-selling-pressure-tonight","status":"publish","type":"post","link":"https:\/\/pediafx.com\/en\/zigzag-and-bb-decline-sharply-eurusd-set-to-continue-selling-pressure-tonight\/","title":{"rendered":"ZigZag and BB Decline Sharply, EURUSD Set to Continue Selling Pressure Tonight"},"content":{"rendered":"<p>The EURUSD pair is currently experiencing increased selling pressure after struggling to maintain upward momentum above the <em>bearish resistance channel.<\/em> Despite briefly breaking through the upper boundary of the channel, prices failed to establish a new high and instead sharply reversed back into the downward trend area. This situation indicates a weakening buying force, allowing sellers to regain control. The movement reverting into the <em>bearish channel<\/em> serves as a strong signal that the technical structure still supports ongoing declines, especially as we approach the evening session.<\/p>\n<p>From a technical perspective, the Bollinger Bands (BB) are showing a clear downward trend, which aligns with the ZigZag pattern that is starting to form a new <em>lower high<\/em> and <em>lower low<\/em>. This combination reinforces the idea that bearish momentum is currently active, and the potential for further weakening remains open. As long as the price stays below the resistance channel and cannot break through its upper boundary, the EURUSD is likely to continue its decline, aiming to test the next <em>support<\/em> area in the coming hours.<\/p>\n<p><\/p>\n<p><img decoding=\"async\" alt=\"\" class=\"fr-fic fr-dib\" src=\"http:\/\/pediafx.com\/wp-content\/uploads\/2025\/10\/eurusd.mm15_eropa_22-10-25-1.png\" style=\"width: 100%;\" title=\"\"\/><\/p>\n<p><\/p>\n<p>On the <em>15-minute timeframe<\/em>, the established <em>bearish channel<\/em> further emphasizes the dominance of <em>sellers<\/em> in the EURUSD movement. The sharply declining Moving Average (MA) line indicates an increasingly strong selling pressure, while the Stochastic indicator, turning down from overbought territory, signifies that the bearish momentum is becoming more solid. With this technical signal support, the EURUSD pair looks poised to continue its descent to test an important <em>support<\/em> level around 1.15550.<\/p>\n<p><strong>Technical Reference: sell while below 1.16200<\/strong><br \/><strong>Potential Stop Loss 1: 1.16080<\/strong><br \/><strong>Potential Stop Loss 2: 1.16200<\/strong><br \/><strong>Potential Take Profit 1: 1.15645<\/strong><br \/><strong>Potential Take Profit 2: 1.15550<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EURUSD pair is currently experiencing increased selling pressure after struggling to maintain upward momentum above the bearish resistance channel. Despite briefly breaking through the upper boundary of the channel, prices failed to establish a new high and instead sharply reversed back into the downward trend area. This situation indicates a weakening buying force, allowing [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":94156,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142,5173],"tags":[5174],"class_list":["post-94157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trading-analysis","tag-eurusd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ZigZag and BB Decline Sharply, EURUSD Set to Continue Selling Pressure Tonight - PediaFX - Your Trusted Global Online Broker Review Service - Top-Rated Forex Brokers 2024<\/title>\n<meta name=\"description\" content=\"Discover PediaFX: Your trusted platform for honest and unbiased global broker reviews. 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