**Forex Technical Analysis: Major Pairs Update for December 19, 2025**
*Based on original analysis by Yohay Elam, updated and expanded with additional market insights*
The foreign exchange market continues to experience dynamic movements as 2025 draws closer to the end. Volatility remains moderate in December, with traders closely monitoring central bank policies, global economic data releases, and key geopolitical developments. This article provides an in-depth technical analysis for the major currency pairs, reflecting current trends, significant support and resistance levels, and possible trading strategies for the near term.
## EUR/USD
### Technical Overview
The EUR/USD pair remains one of the most active and widely traded currency pairs globally. As of mid-December 2025, the euro has maintained a delicate balance against the US dollar, with neither bulls nor bears able to establish a clear long-term direction.
– **Current Trend:** EUR/USD has been consolidating after a moderate bullish phase observed in November. The pair is testing the resistance levels established earlier in the month but appears rangebound for now.
– **Support Levels:** 1.0860, 1.0830, 1.0800
– **Resistance Levels:** 1.0965, 1.1000, 1.1040
– **Moving Averages:**
– 50-period: Slightly upward slope, providing dynamic support near 1.0890
– 200-period: Flat, highlighting the ongoing consolidation phase
### Indicators and Patterns
– **RSI (Relative Strength Index):** The RSI stands near 55, suggesting neither overbought nor oversold conditions.
– **MACD (Moving Average Convergence Divergence):** The histogram is relatively flat, indicating a lack of strong momentum.
– **Chart Patterns:** No clear reversal or continuation pattern dominating at present, though slight upward bias remains above 1.0900.
### Fundamental Insights
The euro is being influenced by expectations for future European Central Bank policy moves and robust economic data from the eurozone. The US Federal Reserve, meanwhile, has signaled patience over further rate hikes, maintaining policy stability in the near term. Market participants are awaiting signals from upcoming inflation data and comments from central bank officials for clearer directional hints.
### Trading Strategy
– Long positions may be considered above the 1.0965 resistance, targeting 1.1000 and 1.1040.
– Short positions are viable if the pair drops below 1.0860, targeting the next supports at 1.0830 and 1.0800.
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## GBP/USD
### Technical Overview
The British pound continues to show resilience against the dollar, with the pair trading in a defined upward channel. Sterling has been buoyed recently by improved economic sentiment and prospects of stable policy from the Bank of England.
– **Current Trend:** The pair is in a shallow uptrend, with higher lows and higher highs on the daily chart
Read more on AUD/USD trading.