Author name: Editor

EUR/USD

EUR/USD Dives Deeper: Technical Signals Point to Continued Downtrend Amid Strengthening Dollar

EUR/USD faced renewed selling pressure on October 7 as bearish momentum resumed. The pair slipped below key supports amid a stronger dollar, weak Eurozone data, and sustained downtrends confirmed by moving averages and technical indicators. Watch 1.0485 and 1.0440 for support; resistance near 1.0565 keeps the bearish outlook intact. Traders should prepare for continued downside risks in the near term. #ForexAnalysis #EURUSD

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**GBP/USD Surge or Slide? Mastering Technicals & Key Events on October 7, 2025**

GBP/USD update for 7 October 2025: Price remains range-bound between support at 1.2050–1.2000 and resistance near 1.2120–1.2175. Technicals show bearish moving averages and neutral RSI, signaling consolidation. Watch for a breakout above 1.2175 to confirm upside momentum amid mixed UK data and a cautious Fed stance. Stay alert to economic releases impacting volatility.
— Gary Christie, DailyForex.com

AUD/USD

**AUD/USD Breaks Higher on Strong Fundamentals and Technical Breakout: Market Eyes New Lows to Resistance** *Original source: Economies.com, “The AUDUSD Price is Surrounded by Positive Pressure” (Analysis, 07-10-2025). Additional insights from FXStreet and DailyFX.* — **Introduction** The AUD/USD pair is charting a bullish course in July 2025, driven by a confluence of favorable economic data, accommodative monetary policies, and improving risk sentiment. Supported by ongoing technical signals, the Aussie dollar is gaining ground against the US dollar, indicating a potential shift in market dynamics. This

AUD/USD shows strong upward momentum supported by robust Australian economic data, steady RBA policy, positive global risk appetite, and softer US dollar trends. Technically, price action above key moving averages, bullish RSI and MACD signals, plus an ascending channel pattern suggest further gains ahead. Traders watch 0.6720 resistance for a decisive breakout to confirm sustained strength. #Forex #AUDUSD #TechnicalAnalysis

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