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.

USD/CAD

U.S. Dollar Market Momentum: Key Price Action Strategies for EUR/USD, GBP/USD, USD/JPY, and USD/CAD

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U.S. Dollar price action setup highlights:
EUR/USD faces resistance near 1.0800 with bearish momentum likely if it stays below; key supports at 1.0600 and 1.0500.
GBP/USD forming lower highs, signaling weakness amid shifting Bank of England outlook.
USD/JPY holding critical support; break below 150.00 could trigger deeper corrective moves.
USD/CAD testing resistance around 1.3600, watch for breakout or pullback ahead of Canadian economic data.
Macro drivers remain Fed policy stance, inflation surprises, and geopolitical tensions shaping FX trends.
Credit: James Stanley, Forex.com

AUD/USD

**AUD/USD Surges Past 100-Hour MA: Signals a Potential Turn in Risk Mood and Technical Breakout** *Based on Kelvin Ching’s detailed analysis at FXDailyReport.com, expanded with latest market insights and context*

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AUD/USD rebounds above its 100-hour moving average after early losses, signaling potential momentum shift. Improved risk sentiment, easing US dollar strength, and mixed Australian data contribute to the turnaround. Key technical levels now in focus as traders assess near-term outlook. Detailed analysis at FXDailyReport.com.

GBP/USD

**Forex in Focus: US Dollar Surge, Euro Under Pressure & Gold Outlook — July 21–25, 2025 Weekly Market Preview**

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Weekly Forex Forecast (July 21–25, 2025):

DXY extends gains above key support at 104.90; bullish momentum intact with resistance near 106.00–107.20. EUR/USD remains in a downtrend, testing 1.0850 support; watch for rejection near 1.0960 resistance. GBP/USD eyes recovery but faces resistance around 1.2550. EUR/AUD stays under pressure amid Euro weakness; key support at 1.5400. Gold (XAU/USD) consolidates near $1,920, awaiting catalysts from inflation and Fed cues. Monitor macro data and central bank signals for directional clues. #ForexForecast #DXY #EURUSD #GBPUSD #EURAUD #Gold

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