**Forex Technical Analysis: Outlook on Major Pairs for July 25, 2025**
*Based on an article by Eko Kurniawan at FXDailyReport.com, with additional insights and updates*
The foreign exchange market continues to experience varied momentum across major pairs as investors weigh economic fundamentals, central bank policies, and global developments. This technical analysis offers a comprehensive breakdown of key currency pairs as of July 25, 2025, shedding light on possible trends and important price levels to monitor. The outlook will help traders identify potential trading opportunities and manage risk effectively.
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## Overview: Market Climate
– The market currently reflects cautious sentiment due to monetary policy divergences among major central banks.
– Ongoing global events, including geopolitical tensions and economic indicators from leading economies, are influencing currency valuations.
– Volatility remains moderate, with significant moves linked to data announcements and central bank guidance.
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## EUR/USD Technical Analysis
### Current Situation
– The EUR/USD pair witnessed sideways movement after a recent attempt to recover lost ground.
– Bullish efforts remain contained below the 1.1200 resistance area, which has emerged as a psychological barrier.
– Price action suggests consolidation within a broader range, with neither bulls nor bears dominating.
### Key Technical Levels
– **Resistance:** 1.1200, followed by 1.1275 (recent swing high)
– **Support:** 1.1100 region, then 1.1000
### Short-Term Outlook
– The pair needs a decisive break above 1.1200 to confirm a bullish reversal.
– Sustained trading below the current resistance could bring about renewed selling toward 1.1100.
– The 50-day and 100-day simple moving averages (SMA) are relatively flat, indicating lack of strong momentum.
– A move below 1.1100 opens the door for a test of the 1.1000 psychological barrier.
### Fundamental Drivers
– European Central Bank (ECB) policy hints at cautious dovishness, weighing on the euro.
– US Federal Reserve signals that future rate hikes are data dependent, keeping the dollar resilient.
– Recent eurozone inflation data failed to surprise to the upside, limiting upside for EUR.
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## GBP/USD Technical Analysis
### Current Situation
– The British pound has steadied after losing ground in previous sessions, settling near the 1.3100 handle.
– Positive UK economic data in recent weeks offered support, although upside remains capped by dollar strength.
### Key Technical Levels
– **Resistance:** 1.3200 and 1.3300
– **Support:** 1.3050, followed by the major level at 1.2950
### Short-Term Outlook
– A sustained move beyond 1.3200 would expose the way to 1.3300.
– Rejection at resistance and a drop below 1.3050 increases the risk of decline towards key support at 1.295
Read more on AUD/USD trading.