**Forex Technical Major Pairs Analysis – August 22, 2025**
*Original analysis by Ahmad Faiz, via FXDailyReport.com*
The foreign exchange market remains active as traders monitor key currency pairs for clues on upcoming directional moves. On August 22, 2025, technical patterns emerged across major forex pairs, offering vital insights for positioning. This comprehensive analysis explores the latest developments in EUR/USD, GBP/USD, USD/JPY, USD/CHF, and AUD/USD, highlighting crucial support, resistance, and trend-based outlooks.
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### EUR/USD – Price Facing Resistance Near 1.09500
The EUR/USD pair extended its recovery in recent sessions, moving higher to test the 1.09500 resistance zone. This resistance may present a critical turning point for the pair.
– **Short-Term Outlook**:
– The pair rebounded from the 1.08500 support region, signaling that buyers are regaining confidence.
– The current rally appears corrective, occurring after an extended downtrend that began in early August.
– **Resistance Levels**:
– Primary resistance at 1.09500. A break above this level may clear the path for a continuation toward 1.10000.
– If the pair is unable to breach this resistance, a reversal back to 1.09000 or even 1.08500 is likely.
– **Support Levels**:
– First support at 1.09000, followed by the more crucial 1.08500 region.
– Consolidation above these supports would maintain a bullish retracement view.
– **Technical Indicators**:
– RSI hovering near the 50 level, indicating a neutral momentum.
– Moving averages still point downward, suggesting the pair remains under broad selling pressure.
**Trading Strategy**:
– Traders should closely observe price action at the 1.09500 level. A decisive break and retest of this area could provide entry opportunities for bullish setups toward 1.10000.
– On the other hand, if price fails to sustain above 1.09500, selling pressure could resume, targeting 1.09000 or lower.
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### GBP/USD – Bullish Momentum Continues
The British Pound is making steady gains against the US Dollar, with the GBP/USD pair climbing above 1.28000 and inching closer to the next resistance.
– **Current Trend**:
– The pair formed a strong bullish candle on the daily timeframe, confirming bullish momentum.
– Upward trajectory remains intact as long as price trades above the 1.27000 handle.
– **Resistance Levels**:
– The key resistance stands at 1.29000, a psychological barrier and previously contested price region.
– A breakout above 1.29000 could initiate a stronger rally toward 1.30000.
– **Support Levels**:
– Immediate support lies near 1.28000, followed by 1.27200.
– Staying above 1.27200 will preserve the upward trend structure.
– **Technical Outlook**:
– Momentum indicators such as MACD and RSI are tilting bullish.
– RSI is approaching overbought territory but has not triggered reversal signals.
**Trading Strategy**:
– Traders may consider long opportunities while the pair holds above 1.28000.
– Caution is advised near 1.29000 resistance, as rejection could result in pullback trades to the support zones mentioned.
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### USD/JPY – Consolidation Continues After Weakness
The USD/JPY pair saw mixed movements amid a weakening US Dollar. After reaching highs near 147.50, the pair entered a consolidation phase.
– **Price Behavior**:
– Price is moving sideways within a broad range between 144.50 and 147.50.
– Buyers appear cautious with momentum fading near the upper band.
– **Support Levels**:
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