**Forex Technical Major Pairs Analysis – December 05, 2025**
By Ahmad Fauzi, originally published on FXDailyReport.com
The global forex market experienced a mix of volatility and consolidation across major currency pairs as traders responded to economic data releases, shifting risk sentiment, and central bank policy outlooks. On December 5, 2025, technical analysis reveals crucial levels and patterns across major pairs, which may determine short-term price action. This comprehensive analysis covers EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, and USD/CAD, incorporating support and resistance levels, recent price movements, and potential trading scenarios.
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### EUR/USD: Bearish Momentum Challenges Support
The EUR/USD pair faced renewed selling pressure, falling toward key support levels as traders digested new eurozone economic readings and the US dollar remained broadly resilient.
– **Price Action Overview**
– The pair extended its downward trajectory, posting lower highs and lower lows on the daily chart.
– Recent attempts above 1.0900 faltered as sellers regained control.
– The euro struggled to maintain gains amidst dovish ECB commentary and softer than expected German PMI data.
– **Key Technical Levels**
– Immediate support is seen at 1.0800, representing both a psychological level and recent multi-week low.
– Deeper support stands around 1.0760, aligning with the 50-day moving average.
– Resistance emerges at 1.0900, followed by 1.0950 which capped rallies last week.
– **Indicators and Patterns**
– Relative Strength Index (RSI) drifts below 50, signaling underlying bearish momentum.
– The pair trades below its 20-day and 50-day EMAs, reinforcing negative short-term sentiment.
– The MACD histogram prints deeper red bars, indicating growing downside pressure.
– **Scenario Analysis**
– Sustained trading below 1.0800 could expose the pair to accelerated losses toward the next support at 1.0760, possibly extending toward the 1.0700 area if US data continues to outperform.
– On the flip side, a move back above 1.0900 might attract fresh buyers, targeting 1.0950 and potentially the 1.1000 handle if risk sentiment improves.
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### GBP/USD: Consolidation with Downside Risk
GBP/USD endured choppy trading, oscillating within a tight range as UK political headlines and economic releases failed to provide clear direction. The pair appears poised for further consolidation, although downside risks remain.
– **Price Action Overview**
– The British pound struggled to sustain brief bounces beyond 1.2700.
– Recession concerns and lighter Bank of England rate hike bets have weighed on sterling.
– Sellers defended the 1.2750 region, rejecting advances on multiple sessions.
– **Key Technical Levels**
– Immediate support stands at 1.2600, with 1.2570 offering extra protection on dips.
– The 1.2700 level remains a short-term pivot; a break above could spark upside toward 1.2750.
– Further resistance is noted at 1.2800, which coincides with the 200-day moving average.
– Downside targets if support fails include the 1.2530 and 1.2480 levels.
– **Indicators and Patterns**
– Daily RSI holds near 46, reflecting neutral to mildly bearish momentum.
– The MACD line is below its signal line, hinting at continuing downward bias.
– Price action remains capped by descending trendline resistance from the November high.
– **Scenario Analysis**
– If GBP/USD loses its grip on 1.2600, a swift decline toward 1.2530 looks probable, especially if UK data disappoints.
– Conversely, a sustained rally above 1.2700 could trigger short
Read more on GBP/USD trading.