With the forex market sideways, next week\u2019s trade plan looks eerily similar to previous weeks.<\/p>\n
Get the details in today\u2019s video, including how I\u2019m trading the DXY, EURUSD, GBPUSD, NZDUSD, and XAUUSD next week.<\/p>\n
US Dollar Index (DXY) Forecast <\/p>\n
The DXY is breaking below the 97.70 key area following Friday\u2019s non-farm payroll (NFP) miss. The 97.70 area has held as support for the US dollar since mid-August, but a sustained break below would open up 96.80 next week.<\/p>\n
Friday\u2019s session also tagged a critical level at 97.43. That\u2019s the unfinished auction from late July. <\/p>\n
If the DXY can stay above 97.70, the US dollar will remain range-bound going into next week. If it breaks below that mark, it would expose the 96.70 confluence of support.<\/p>\n
Weekly Forex Forecast For DXY, EURUSD, GBPUSD, NZDUSD, and XAUUSD (September 8-12, 2025) 6 EURUSD Forecast <\/p>\n
EURUSD is once again attempting to break above the 1.1720 resistance area. Friday\u2019s NFP miss sent the euro rocketing higher, but bulls have work to do before the weekend.<\/p>\n
A sustained break above 1.1720 will flip the region to new support next week. It will also open the door to the 1.1790 area, as well as the 1.1810 imbalance.<\/p>\n
Alternatively, a daily and weekly close below 1.1715 would keep EURUSD range-bound next week.<\/p>\n
Given the 2025 uptrend, a bullish breakout seems likely. However, as always, it\u2019s essential to respect the chart and not let our speculations decide for us.<\/p>\n
Weekly Forex Forecast For DXY, EURUSD, GBPUSD, NZDUSD, and XAUUSD (September 8-12, 2025) 7 GBPUSD Forecast <\/p>\n
GBPUSD is also attempting a bullish break before the weekend, with the pair trading back above its July trend line. However, pound bulls are struggling a bit in the 1.3530 resistance area.<\/p>\n
With the DXY trading so close to its 97.70 support area, it\u2019s unclear if GBPUSD will confirm a breakout for next week or not.<\/p>\n
Until GBPUSD gives a clear signal, it\u2019s best to approach the pair with caution. The best course for now is to treat it as a range-bound market until proven otherwise.<\/p>\n
Weekly Forex Forecast For DXY, EURUSD, GBPUSD, NZDUSD, and XAUUSD (September 8-12, 2025) 8 NZDUSD Forecast <\/p>\n
NZDUSD is trading close to its descending channel resistance from July. Like many currencies in recent months, the New Zealand dollar has lacked direction.<\/p>\n
However, the channel that began in July could offer an opportunity early next week. A retest of channel resistance near 0.5920 could offer a short opportunity, provided the DXY holds above 97.70 on Friday.<\/p>\n
If NZDUSD remains within its July channel, a move toward 0.5730 could be in the cards this month. Alternatively, a breakout above resistance would open up recent highs near 0.6000 and 0.6050.<\/p>\n
Weekly Forex Forecast For DXY, EURUSD, GBPUSD, NZDUSD, and XAUUSD (September 8-12, 2025) 9 XAUUSD (Gold) Forecast <\/p>\n
XAUUSD is in blue sky breakout mode following the push above $3,430 and $3,500. I discussed the likelihood of a bullish breakout in the last weekly forecast, and gold bulls haven\u2019t disappointed.<\/p>\n
With gold bulls in complete control, buying dips is the way to go. There are a couple of imbalances in the $3,460 region. Still, I would be surprised to see XAUUSD pull back that far, especially with $3,500 providing support.<\/p>\n
As for resistance, round numbers like $3,600 and $3,700 could attract sellers. However, the weekly ascending channel from 2024 shows a resistance level in the $3,760 to $3,820 range later this month. That will be a level to watch, as XAUUSD bulls may start to fatigue.<\/p>\n
Weekly Forex Forecast For DXY, EURUSD, GBPUSD, NZDUSD, and XAUUSD (September 8-12, 2025) 10 <\/p>\n","protected":false},"excerpt":{"rendered":"With the forex market sideways, next week\u2019s trade plan looks eerily similar to previous weeks. Get the details…\n","protected":false},"author":2,"featured_media":6204,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[138,220,111,139,69],"class_list":{"0":"post-6203","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/6203","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=6203"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/6203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/6204"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=6203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=6203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=6203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}