The DXY is holding critical support, EURUSD and GBPUSD are showing bullish reclaims, while gold bulls keep their foot on the gas.<\/p>\n
Here\u2019s what I\u2019m watching and the exact levels I\u2019ll be trading around next week.<\/p>\n
US Dollar Index (DXY) Forecast <\/p>\n
DXY bounced from 97.50 last week and stalled at 98.10\u201398.50. The weekly close held just above 97.70, so that level is still intact.<\/p>\n
This market has been sideways for months. Bigger picture, the index is still coming off that 2011 channel low, which makes it tough to lean too bearish here.<\/p>\n
Support sits at 97.70 and 97.50. Resistance is layered at 98.10 and 98.50. A confirmed break under 97.70 would open 97.27 and 96.80.<\/p>\n
If DXY holds above 97.70 and clears 98.10, then 98.50 is the next stop. Lose 97.70 and we\u2019re likely heading into 97.27 and possibly the channel bottom at 96.80.<\/p>\n
It\u2019s still a range trader\u2019s market. Until we see a clean breakout, I\u2019ll respect support and resistance.<\/p>\n
Weekly Forex Forecast For DXY, EURUSD, GBPUSD, and XAUUSD (October 6-10, 2025) 5 EURUSD Forecast <\/p>\n
EURUSD is coming off the top of its channel on the weekly chart. Price has tested that resistance twice now without follow-through.<\/p>\n
Support is clear at 1.1645, which lines up with the composite POC from last summer\u2019s consolidation. The euro bounced from that level last week.<\/p>\n
On the daily, we\u2019re watching the February trend line that recently broke. Price reclaimed 1.1730 on Friday, turning that level back into support.<\/p>\n
If 1.1730 holds, EURUSD has room to push toward 1.1780. That imbalance above is still open and could draw price higher.<\/p>\n
Lose 1.1730 and I\u2019ll look for 1.1645 to come back into play. Above 1.1780, resistance is still the channel high.<\/p>\n
For now the euro is stuck in a range. Trade the edges until we get a confirmed breakout.<\/p>\n
Weekly Forex Forecast For DXY, EURUSD, GBPUSD, and XAUUSD (October 6-10, 2025) 6 GBPUSD Forecast <\/p>\n
GBPUSD also gave us a failed breakdown. Price closed below 1.3380 two weeks ago but quickly reclaimed the level.<\/p>\n
That reclaim turned short-term momentum higher, and we\u2019ve since seen a bounce back into consolidation.<\/p>\n
The big level to watch is 1.3580. That\u2019s where the next imbalance sits and it could act as both a target and resistance.<\/p>\n
On the four-hour, the pair reclaimed a key unfinished auction area. That retest as support gives bulls a catalyst for higher prices.<\/p>\n
If GBPUSD holds above 1.3380, I\u2019ll look for a move into 1.3580. Slip back under 1.3380 and the range breaks down.<\/p>\n
Like the euro, this market is sideways. Respect the range until we get confirmation either way.<\/p>\n
Weekly Forex Forecast For DXY, EURUSD, GBPUSD, and XAUUSD (October 6-10, 2025) 7 Gold (XAUUSD) Forecast <\/p>\n
Gold is still trending higher inside an ascending channel from mid-September. The series of higher highs and higher lows keeps the bias bullish.<\/p>\n
Key support is 3860. That\u2019s the three-day composite POC and it lines up with recent four-hour closes.<\/p>\n
A pullback into that area early next week could offer buyers a base. As long as the channel holds, pullbacks favor longs.<\/p>\n
If gold breaks 3860 and loses the channel low, then I\u2019ll watch for deeper pullbacks into open sell-side imbalances. Until then, the trend is up.<\/p>\n
On the upside, 4000 is still possible in the weeks ahead. Momentum is strong and the weak dollar adds fuel.<\/p>\n
Bottom line, stick with the trend. Look to buy dips while the channel holds and avoid shorting this market.<\/p>\n
Weekly Forex Forecast For DXY, EURUSD, GBPUSD, and XAUUSD (October 6-10, 2025) 8 <\/p>\n","protected":false},"excerpt":{"rendered":"The DXY is holding critical support, EURUSD and GBPUSD are showing bullish reclaims, while gold bulls keep their…\n","protected":false},"author":2,"featured_media":60028,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[138,220,111,139,69],"class_list":["post-60027","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-markets","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/60027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=60027"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/60027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/60028"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=60027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=60027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=60027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}