**Forex Technical Analysis: Major Pairs Outlook for October 10, 2025**
*Adapted and expanded from the work by FXDailyReport.com’s team, with supplemental technical insights from secondary sources to provide a comprehensive forecast.*
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### Introduction
Foreign exchange markets remain at the center of global financial attention as major currency pairs experience significant fluctuations due to shifting economic data, policy expectations, and geopolitical developments. Technical analysis offers a practical lens through which traders and investors can decode potential future movements. This comprehensive overview presents updated technical readings for the main forex pairs for October 10, 2025, highlighting trends, significant support and resistance levels, and possible outcomes in the near term.
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## EUR/USD Technical Outlook
The EUR/USD pair continues to be influenced by divergent monetary policy signals from the European Central Bank (ECB) and the U.S. Federal Reserve. Following a period of relative consolidation, price action has clarified short and medium-term trading opportunities.
**Recent Developments:**
– The pair found support near the 1.0530 region after experiencing downward momentum triggered by surging U.S. Treasury yields and safe haven demand for the dollar.
– A minor rebound occurred as the ECB reasserted its vigilance on inflation, but the recovery remains capped by U.S. economic resilience.
**Key Technical Levels:**
– **Resistance:** 1.0600, 1.0680, 1.0760
– **Support:** 1.0530, 1.0480, 1.0400
**Technical Indicators:**
– Daily Moving Averages signal continued bearish momentum as the 50-day MA stays below the 200-day MA.
– RSI hovers near 40, indicating a market that is not yet in oversold territory but remains weak.
– MACD shows a slight bullish divergence on shorter time frames, hinting at potential for technical correction.
**Outlook and Strategy:**
– Below 1.0530, EUR/USD could retest September’s lows at 1.0480, with a deeper move toward 1.0400 if U.S. economic data continues to surprise to the upside.
– On the upside, a sustained break above 1.0600 may invite further buying, but 1.0680 is likely to remain a tough ceiling unless risk sentiment improves further across Europe.
– Sideways movement within 1.0530 to 1.0680 is likely if volatility declines and traders await clarity on policy directions from the ECB and the Fed.
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## GBP/USD Technical Analysis
The British pound’s volatility has re-intensified as investors weigh the Bank of England’s (BoE) policy messaging against persistent inflationary pressures in the UK.
**Recent Developments:**
– GBP/USD bounced from key support at 1.2120 after a stronger than expected UK services PMI and hawkish BoE commentary.
– Further advances have been limited by broad dollar strength and uncertainty about the BoE’s
Read more on AUD/USD trading.