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AUD/USD edges lower as the US dollar gains strength ahead of the delayed US Nonfarm Payrolls data. Market caution around the job report and Federal Reserve policy outlook fuels demand for the greenback, weighing on the Australian dollar amid risk-off sentiment and divergent central bank stances.
Weekly Technical Outlook (Dec 12–15): DXY tests 200-week MA support near 103.20 as Fed decisions loom; Bitcoin struggles near $44,400 resistance but stays above 200-day MA; USD/CAD, USD/JPY, Gold, and Oil face volatility amid key CPI, retail sales, and multiple central bank policies. Traders, watch these critical levels and events closely.
EUR/USD remains range-bound near 1.0725 with sideways momentum prevailing ahead of key economic releases. Watch support at 1.0665 for downside risk and resistance at 1.0787 for potential bullish breakout. Medium-term trend stays bearish unless price clears 100- and 200-day moving averages near 1.0800–1.0830.
GBP/USD edges closer to 1.3400 as markets brace for a potential Bank of England rate cut. Soft UK economic data and persistent inflation dilemmas weigh on sterling, while a resilient US dollar adds pressure. Traders face a crucial phase amid shifting central bank expectations and global uncertainties.
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AUD/USD and NZD/USD are testing key support zones after recent pullbacks amid cautious RBA and RBNZ outlooks. With US Fed’s hawkish stance strengthening USD, will these commodity-linked pairs break below support or stage a bounce? Watch 0.6570 for AUD/USD and 0.6150 for NZD/USD closely—price action and upcoming economic data will be decisive. Traders should weigh bearish momentum against oversold RSI conditions before positioning.
USD/JPY sits at key support near 145.00, facing bearish momentum but poised for a potential bounce. Technicals show pressure within a descending channel, while macro factors like Fed’s cautious stance and BoJ’s steady policy add complexity. Traders watch this pivot closely. More: https://www.fxstreet.com/analysis/usd-jpy-at-critical-support-video-202512151523
GBP/USD is holding within a 1.33 to 1.44 range as investors await critical Bank of England and Federal Reserve meetings. Mixed economic data and cautious central bank outlooks keep the pound and dollar closely balanced, with potential volatility ahead but no clear directional breakout yet. Credit: TradingNews.com
GBP/USD holds near 1.3380 ahead of the Bank of England’s expected 25bps rate cut, while Federal Reserve policy bets keep the dollar steady. With mixed UK economic signals and cautious Fed guidance, markets await clearer direction in the weeks ahead. Original reporting credit: Skerdian Meta.
