**Forex Faces Turbulence: Major Pair Technical Outlook as of August 22, 2025**
Forex Technical Analysis – Major Pairs | August 22, 2025
EUR/USD consolidates near 1.0850–1.1000; sideways momentum with neutral RSI and flat 50-day SMA. Watch for a breakout above 1.1000 to test 1.1100 or a breakdown below 1.0850 toward 1.0700 amid ECB cautiousness and Fed’s steady hawkish stance.
GBP/USD faces downside pressure, testing support near 1.2630 after sustained bearish momentum from weaker UK data and strong US reports. Monitor for a break below support or a reversal if buyers strengthen.
JPY pairs show volatility amid geopolitical developments and BOJ’s policy shift expectations, creating short-term trading opportunities.
Traders should align strategies with key releases: Eurozone PMI, US Non-Farm Payrolls, and BOJ statements.
Adapted and expanded from Ahmad Hassam @FXDailyReport.com analysis. Stay tuned for updates.
