AUD/USD faces resistance near 0.6700 after recent attempts to extend gains stalled. Support holds around 0.6570 and 0.6490, while momentum indicators remain neutral. Watch key levels at 0.6700 and 0.6870 for potential breakout or reversal signals amid mixed macroeconomic cues.
USD/JPY nears key 150 level as Fed decision looms. Hawkish Fed outlook versus dovish Bank of Japan continues to drive yen under pressure. Will the USD break through this resistance? March 20 Fed meeting crucial for next leg in the pair’s rally. #Forex #USDJPY #Fed
CFTC data reveals a notable decrease in net long positions on Euro futures, dropping from 111,800 to 107,300 contracts. This shift reflects increased bearish sentiment amid economic headwinds and ECB policy uncertainties. Traders should watch for potential euro volatility ahead—analysis by VT Markets.
Weekly Forex Forecast (Dec 8–12, 2025) — Justin Bennett, Daily Price Action
DXY: Watching 105.10 resistance; a break higher targets 106.50, while failure risks a drop below 104.20 and possibly 103.50. RSI near midpoint, signaling key decision zone.
EURUSD: Bearish bias intact under 1.0900 resistance and descending trend line. Support at 1.0760 and 1.0680 critical; a break above 1.0940 needed to shift sentiment bullish.
GBPUSD: Resilient near 1.2760 resistance but vulnerable below this level. Support cluster around 1.2600–1.2580 to watch for potential rebound or breakdown.
XAUUSD (Gold): Consolidation above key support zone; breakout above resistance needed to confirm bullish continuation amid USD moves.
Key events this week: U.S. inflation data, ECB speeches, and cross-currency momentum likely to influence price action.
Traders should watch for clear breaks of key technical levels to confirm trend directions across these major pairs and gold.
Forex Technical Outlook Dec 7–12, 2025: EUR/USD consolidates below resistance at 1.1025, eyes for breakout or downside risk near 1.0820; GBP/USD maintains bullish momentum above 1.2575, targeting 1.2825 resistance; USD/JPY faces correction after rally from 152. Watch key central bank updates and inflation data shaping next moves. Stay tuned for detailed levels and trend analysis.
AUD/USD showed mixed signals this week, rallying early above 0.67 but retreating near 0.6650 amid profit-taking and indecision. Key resistance lies at 0.6720, with support around 0.6630 and 0.6570. Technical indicators suggest consolidation ahead as fundamental drivers like Fed policy and commodity trends keep markets cautious. For detailed analysis, credit ActionForex.com.
USD/JPY nears key 150 level amid rising U.S. Treasury yields and Fed policy watch. With the Federal Reserve’s interest rate decision this week and the Bank of Japan maintaining ultra-loose policy, market eyes are on potential intervention as yen weakness persists. #Forex #USDJPY
Euro weakens vs. the dollar as strong U.S. economic data bolsters greenback momentum. Robust labor market, steady inflation, and cautious ECB policy widen the rate outlook gap between the Fed and ECB, putting pressure on EUR/USD. Technical levels point to further downside unless sentiment shifts. Detailed analysis by VT Markets.
Weekly Forex Forecast (Dec 8–12, 2025) by Justin Bennett of Daily Price Action:
DXY tests strong resistance near 106.00; a weekly close above may open room to 107.00, while rejection could pull back toward 104.50. EURUSD bounces from 1.0650 support but faces resistance near 1.0800–1.0850—rejection likely continues downtrend to 1.0550. GBPUSD struggles to hold recent gains amid mixed UK data; key levels at 1.2350 support and 1.2550 resistance. Gold (XAUUSD) eyes 1950 resistance with room to 2000 if breached, else a dip to 1875 support possible. Watch central bank cues and inflation releases for directional triggers this week.
AUD/USD struggled last week as the USD gained strength amid solid U.S. economic data and Fed’s cautious stance on rate cuts. The pair stalled below key resistance around 0.6650, facing downside risk toward 0.6570 support. Watch for upcoming data that could dictate whether the AUD can regain momentum or extend its bearish trend. #forex #AUDUSD
