Weekly Forex Forecast (Nov 24-28, 2025): DXY remains capped near 107.30, key support at 105.50; watch for a breakout from the ascending channel. EURUSD holding support at 1.0730 but under selling pressure—break below targets 1.0630, while a push above 1.0860 could lead towards 1.0960. GBPUSD compressing between 1.2340 support and 1.2530 resistance; a close above signals potential move to 1.2700. USDCAD and XAUUSD setups also warrant close attention amid holiday-thinned liquidity. Stay tuned for price action cues and macro releases in this pivotal week.
Credit: Justin Bennett, Daily Price Action

USD/JPY remains in focus ahead of the last week of June 2024, trading near resistance around 159.00 but unable to sustain a breakout amid intervention concerns from Japan. The pair stays supported by US economic strength and Fed’s cautious rate-cut messaging, while the Bank of Japan maintains ultra-loose policy. Key levels to watch this week include support near 156.70 and resistance at 160.20–160.30. Technical indicators show bullish momentum but rising caution as RSI nears overbought conditions. Intervention risk and yield differentials will likely dictate price action going forward.