Forex Technical Analysis: Major Pairs Overview – July 21, 2025
EUR/USD remains in consolidation, trading between 1.0850 support and 1.0975 resistance, signaling indecision amid diverging Fed and ECB policies. GBP/USD tests recovery near 1.2850 after bouncing off 1.2750, watching BoE signals closely. USD/JPY holds strong above 145.00, supported by robust U.S. dollar strength. USD/CAD faces resistance around 1.3750, influenced by oil price volatility. AUD/USD struggles below 0.6700 amid risk sentiment shifts. USD/CHF consolidates near 0.9100 amid safe-haven demand.
Traders should monitor key macro data and central bank updates for breakout cues. Detailed analysis adapted from Syaiful S, FXDailyReport.com, cross-checked with Investing.com and DailyFX. #Forex #TechnicalAnalysis #FX