**Weekly Forex Forecast & Trading Strategies for DXY, EUR/USD, GBP/USD, USD/CHF, and XAU/USD (November 17-21, 2025)**
*Based on the analysis by SSBCRACK News Desk. Credit to the original author at ssbcrack.com.*
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**Introduction**
The upcoming trading week (November 17-21, 2025) presents several opportunities and risks across major Forex pairs and gold. With the global macroeconomic landscape shifting amidst central bank policy decisions, inflation data releases, and geopolitical developments, traders need to stay alert and adapt their strategies accordingly. This comprehensive analysis covers the U.S. Dollar Index (DXY), EUR/USD, GBP/USD, USD/CHF, and XAU/USD, providing both a technical overview and actionable trading guidance.
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**1. U.S. Dollar Index (DXY) Analysis**
**Technical Overview:**
– The DXY closed last week near the 104.80 mark, displaying resilience despite mixed U.S. data.
– The index remains range-bound between support at 104.00 and resistance at 105.50.
– Momentum indicators show indecisiveness, with the RSI hovering near the neutral 50 line.
– A symmetrical triangle formation is visible on the daily chart, hinting at an imminent breakout.
**Key Fundamental Drivers:**
– Upcoming U.S. retail sales and FOMC meeting minutes will drive sentiment.
– Market focus remains on the Federal Reserve’s guidance around future rate cuts.
– Global risk sentiment, especially from ongoing geopolitical tensions, continues to influence dollar demand.
**Trading Strategies:**
– **Bullish Scenario:** A break above 105.50 would open the door towards 106.30 and 107.00. Traders can look for breakout buys with tight stops below 105.00.
– **Bearish Scenario:** A fall below the 104.00 support may trigger further weakness to 103.20 and then 102.50. Shorting the index on breakdowns is a viable strategy.
– **Ranging Approach:** If DXY remains stuck within 104.00-105.50, consider range-trading with well-defined entries at support and resistance.
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**2. EUR/USD Analysis**
**Technical Overview:**
– EUR/USD is consolidating in a 1.0620 to 1.0780 range, struggling to establish a clear trend amid mixed Eurozone data.
– The pair is currently inching towards the upper boundary, but faces stiff resistance around 1.0800.
– The 50-day and 200-day moving averages are converging, suggesting potential for increased volatility.
– Stochastic and RSI indicators show overbought readings, hinting at possible retracement.
**Key Fundamental Drivers:**
– European Central Bank’s comments on inflation and policy normalization will be critical.
– Potential impact from German economic sentiment and Eurozone inflation figures.
– U.S. data surprises and market speculation about Fed rate decisions could tilt the balance.
**Trading Strategies:**
– **Bullish Scenario:** Sustained break above 1.0800 can propel the pair to 1.0870 and beyond. Consider buying on a confirmed breakout with stops below 1.0760.
– **Bearish Scenario:** Failure at resistance and a move below 1.0670 signals a return to 1.0600 and possibly 1.0530. Short positions are advisable on confirmed weakness.
– **Range Trading:** Play the established 1.0620-1.0780 range with buys near support and sells at resistance until a clear breakout emerges.
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**3. GBP/USD Analysis**
**Technical Overview:**
– GBP/USD has remained capped below 1.2500, with strong support at 1.2370.
– The pair formed a series of higher lows, reflecting underlying buying pressure but is yet to break the downtrend from September highs.
– Trendline resistance and horizontal
Read more on GBP/USD trading.