Weekly Forex Forecast 13–19 July 2025 by Christopher Lewis on DailyForex.com outlines a cautious week as EUR/USD consolidates below 1.0900, GBP/USD holds near 1.2900 on UK optimism, USD/JPY stays above 160 amid BoJ uncertainty, and AUD/USD struggles with China growth concerns. Key macro data and central bank signals will guide markets.
EUR/JPY gains strength hitting 11-day highs amid yen weakness driven by BOJ’s loose policy. Meanwhile, USD holds firm supported by robust US data. AUD and NZD lag on risk aversion and slowing growth concerns. Watch EUR/JPY key resistance near 170.00. #Forex #EURJPY #USD
This week presents a critical juncture for markets as investors navigate a complex mix of corporate earnings reports, key U.S. inflation data in the form of the June CPI, and renewed tariff tensions. These factors combine to shape expectations around Federal Reserve policy, economic resilience, and geopolitical risks—setting the stage for potential volatility and trend shifts ahead.
AUD/USD is testing key support levels and appears to be searching for a higher low. A confirmed higher low would signal renewed bullish momentum, potentially opening the path toward recent highs. Traders are watching moving averages and Fibonacci retracement levels for clues on the next directional move.
The GBP/USD pair faces mounting losses amid contrasting monetary policies and mixed economic data. The Fed’s hawkish stance versus the BoE’s more cautious approach, coupled with UK’s subdued growth and US economic resilience, are driving sterling lower. Technical charts show bearish patterns reinforcing downside risks. Traders watch key support levels closely for signs of the next move.
#Forex #GBPUSD #CurrencyMarkets
AUD/USD is showing signs of forming a higher low as mid-2025 approaches. Key support near 0.6690 and resistance around 0.6830 suggest a potential bullish reversal building. Watch technical indicators and central bank policies closely for clues on the next directional move.
The GBP/USD pair is deepening its losses amid hawkish Fed signals and weak UK data. Breaking key supports near 1.2650 and 1.2610, the pound faces further downside risks toward 1.2500 and potentially 1.2465. US dollar strength and Brexit-related challenges pressure the British currency as momentum indicators reinforce bearish trends. #Forex #GBPUSD #ForexAnalysis
AUD/USD has eased back toward 0.6550 as investors await China’s upcoming Trade Balance report, a key indicator for Australia’s export-driven economy. The pair lost some of its earlier momentum this week amid cautious risk sentiment fueled by mixed signals from global growth data and central banks.
China, Australia’s largest trading partner, plays an outsized role in AUD price dynamics. Consensus forecasts anticipate a $104.5 billion trade surplus for China in June, up from $82.6 billion previously. A robust surplus would signal solid Chinese demand for commodities such as iron ore and LNG, typically propping up the AUD. However, recent Chinese PMI data has tempered enthusiasm as manufacturing activity showed signs of softness. Any downside surprise in the trade figures could reignite doubts about China’s growth outlook and weigh on the commodity-linked Australian dollar.
Meanwhile, the US Dollar has remained steady, supported by the Federal Reserve’s ongoing commitment to higher interest rates to tackle persistent inflation pressures. With US Nonfarm Payrolls data due soon, markets are parsing labor market resilience for clues on the Fed’s policy path. Strong US data tends to bolster the USD and put pressure on commodity currencies like the AUD.
Technical charts show the AUD/USD struggling to maintain footing above the 0.6550 level, a
GBP/USD remains steady near 1.3500 but appears vulnerable as it tests multi-week lows. Dollar strength, a dovish Bank of England, Brexit uncertainties, and subdued global risk appetite continue to weigh on the British Pound. Technical support at 1.3500 is critical; a break lower could signal further declines.
AUD/USD struggles to hold above 0.6550 as markets await Chinese trade balance data, a key indicator for Australia’s export outlook. With recent subdued volatility and mixed commodity signals, traders remain cautious ahead of potential shifts driven by China’s economic momentum and US dollar strength.
