Author name: Editor

EUR/USD

EUR/USD Breaks Resistance as Dollar Pauses: Key Technical Levels and Outlook for October 16, 2025

EUR/USD showed gains above 1.0600 on October 16, 2025, driven by a weaker dollar and positioning ahead of key US data. Resistance near 1.0637 capped upside momentum, while Fed hawkishness and rising Treasury yields limited further rally. Watch support at 1.0580 and resistance levels up to 1.0800 amid ongoing geopolitical risk and divergent central bank outlooks. Analysis by Mahmoud Abdallah, DailyForex.

Uncategorized

**USD/JPY Nears Critical Support as Yen Faces Unrelenting Downward Pressure Amid Rising Intervention Speculation**

USD/JPY remains under pressure as the yen struggles near the 150 level despite speculation of intervention by Japanese authorities. Diverging monetary policies—with the Fed raising rates while the BOJ maintains ultra-loose policy—continue to favor the dollar. Traders watch closely for market reaction should Tokyo act to defend the yen, but so far interventions have had limited lasting impact. Key upcoming data and BOJ signals will be critical for near-term direction.

Scroll to Top