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**Forex Weekly Outlook 2025: DXY Nears New Highs as EURUSD, GBPUSD and Gold Set the Stage for Major Moves** *Insights from Justin Bennett, Daily Price Action*

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Weekly Forex Forecast (Oct 6-10, 2025) by Justin Bennett, Daily Price Action:

• DXY shows strong bullish momentum, consolidating above 106.30; watch resistance at 107.25 and 107.90. A drop below 106.30 risks a correction toward 105.60.
• EURUSD remains pressured below 1.0680, testing channel support near 1.0530. A break lower targets 1.0500–1.0480, while a bounce could reach 1.0680 resistance.
• GBPUSD continues downside move beneath 1.2100 amid cautious BOE signals, key support at 1.2000. Resistance lies near 1.2200.
• XAUUSD (Gold) holds above key support at $1940, eyeing resistance at $1975; watch inflation data and dollar strength for direction.

Focus on technical patterns and fundamentals for opportunities this week.

USD/CAD

U.S. Dollar Extends Gains in 2023: Factors Behind its Continued Strength and Outlook

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The U.S. dollar continues its upward momentum following strong gains in June, driven by the Federal Reserve’s hawkish interest rate stance, robust economic data, and diverging global monetary policies. As rates in the U.S. rise while other major economies remain more accommodative, capital flows into dollar assets intensify, reinforcing the greenback’s appeal amid ongoing global uncertainties. Key trading partners like the euro and yen have weakened against the dollar, highlighting the currency’s relative strength and safe-haven status. For investors and policymakers, monitoring these dynamics will be crucial as we head deeper into 2024.

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**Volatility Alert: Key Technical Levels and Scenarios for DXY, EURUSD, GBPUSD, and XAUUSD – October 6-10, 2025** *Justin Bennett, Daily Price Action*

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Weekly Forex Forecast (Oct 6-10, 2025) by Justin Bennett, Daily Price Action:

DXY remains bullish above 106.50, eyeing resistance near 108.00–108.50; a close below 106.50 could trigger correction toward 105.80 or 104.70.

EURUSD stays pressured under 1.0630; sustained selling may push price toward 1.0500 or lower, while a weekly close above 1.0630 is needed to shift momentum toward 1.0750.

GBPUSD faces resistance at 1.2200; downside risk targets 1.2000 support, with bulls needing a break above 1.2200 to reclaim control.

XAUUSD (Gold) consolidates above $1950; a decisive move above $1985 could extend gains toward $2020, while failure may revisit $1920 support.

Traders should watch key levels closely as these markets navigate critical inflection points this week.

EUR/USD

Aroundtown’s Dual-Currency Tender Offer Signals Strategic Debt Management Amid Rising Market Volatility

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Aroundtown’s recent EUR/USD tender offer results highlight strategic debt management amid evolving market conditions. High participation rates reflect investor appetite for liquidity and the company’s efforts to optimize debt maturity profiles. This move aligns with broader trends in corporate refinancing as firms navigate interest rate pressures and credit market volatility.

AUD/USD

**AUD/USD Near 0.6600 as US Dollar Dips on Shutdown Woes and Soft US PMI Data**

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AUD/USD remains near 0.6600 as the US Dollar weakens amid fears of a US government shutdown and softer-than-expected PMI data. Market uncertainty and signs of slower US growth continue to weigh on the greenback while the Australian Dollar benefits from stable economic conditions and changing RBA policy expectations. Traders are closely watching fiscal developments and data releases for further direction. Original reporting by Venkatesh Balasubramanian, FXStreet.

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