Author name: Editor

USD/CAD

Mastering Forex Trading: A Complete Beginners’ Guide Inspired by The Trading Channel

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Understanding Forex Trading: Inspired by The Trading Channel’s “How to Trade Forex for Beginners” video, forex is the global market for exchanging currencies with daily volumes exceeding $7 trillion. Key concepts include currency pairs, pips, lots, bid/ask prices, and leverage. Starting requires choosing a regulated broker and practicing with demo accounts. Mastering these fundamentals is essential for navigating this 24/5 decentralized market effectively.

AUD/USD

AUD/USD Surges Past 100-Hour MA on Bullish Rebound: Technical Breakout and Fundamental Drivers

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AUD/USD regains momentum, trading above the 100-hour moving average as buyers return after early lows. Technical indicators signal short-term bullish bias amid neutral-to-positive RSI and resilient buying momentum. Key resistance at 0.6640; support near 0.6580. Market response driven by evolving risk sentiment and fundamental factors. Original analysis by Kelvin Ching, FXDailyReport.com.

GBP/USD

**Forex Weekly Outlook (July 21–25, 2025): DXY, EURUSD, GBPUSD, EURAUD & Gold at Critical Technical Crossroads**

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Weekly Forex Forecast (July 21–25, 2025):
DXY faces crucial support at 104.00–104.30; a sustained break lower targets 103.70, while reclaiming 104.30 could open the way to 104.85 and beyond. EURUSD consolidates between 1.0810–1.0900; a breakout above 1.0900 risks a run to 1.0935, while a break below 1.0810 may drag price toward 1.0770. GBPUSD struggles under 1.2960 resistance—watch for a decisive move to confirm trend direction. EURAUD and XAUUSD setups also merit close attention amid key economic data releases. Stay tuned for shifts as central bank updates and PMI reports influence price action across these pairs.

EUR/USD

Forex Wrap-Up: US Dollar Weakens Slightly as EUR/USD, USD/JPY, and AUD/USD Set the Stage for Short-Term Moves

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The U.S. dollar showed mild weakness across major pairs on Friday, signaling a potential pause in its recent strength. EUR/USD rebounded slightly from earlier losses, finding support near 1.07 but facing resistance around 1.08. With the Fed expected to hold rates steady and the ECB leaning dovish, euro price action remains cautious. USD/JPY dipped modestly as the yen gained, though the longer-term uptrend persists amid contrasting Fed and BoJ policies. Meanwhile, AUD/USD edged higher, benefiting from softer dollar sentiment and commodity price support. Traders should watch key economic data and central bank signals to gauge the next directional moves in these pairs heading into the new week.

USD/CAD

USD/CAD Dip Sparks Short-Term Caution Amid Sustained Bullish Outlook Based on Strong Fundamentals

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USD/CAD has pulled back slightly from recent highs near 1.3700, signaling a short-term pause rather than a reversal. Strong fundamentals—including US-Canada economic divergence, interest rate differentials, and commodity price shifts—support a continued bullish outlook. Technicals confirm support around 1.3630 and 1.3560, suggesting buyers remain in control. A break above 1.3700 may open the path toward 1.3800 and higher, keeping the medium- to long-term uptrend intact.
Adapted and expanded from EconoTimes (FxWirePro) analysis.

GBP/USD

**Forex Weekly Outlook (July 21-25, 2025): US Dollar Under Pressure, EUR & GBP Jostle for Direction, Gold at a Crossroads** *By Justin Bennett, Daily Price Action*

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This week’s Forex forecast covers crucial levels and setups for DXY, EURUSD, GBPUSD, EURAUD, and XAUUSD (July 21–25, 2025). Watch how the US Dollar Index battles resistance near 104.70, EURUSD tests pivotal 1.0800 support/resistance, GBPUSD remains range-bound, EURAUD forms key reversal signals, and gold (XAUUSD) sits at a technical crossroads. Trade setups and price action insights from Justin Bennett at Daily Price Action aim to help traders navigate upcoming volatility. Stay tuned.

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