Forex Trading the week of 10/26/2025: USDX, EU,UJ,GU

Note:  FOMC MIGHT happen this week – depends on shutdown!   

USDX: Forex Strategies Bearish: Currently, we are in a in a range with bears showing up at the 0.786 Fibo.  The pairs should prove it out when the market opens. All of this could change in a heartbeat and will affect the currencies below. ATR’s are slightly lower than last week.  BE SMART – TRADE WITH STOPS!!!!

EURUSD

Forex Strategies Bullish: We are currently @ 1.1629 after a double bounce on the bottom. We are for a continuation to the R4 @ 1.1775. Watch the USDX for reversal and direction. The ATR for the pair currently is 64 pips and its 90 day average is 77 pips.  

USDJPY                            

Forex Strategies Bearish: We are currently @ 152.85  in a rising wedge in a big  range. We are looking to continue down to the support @ 149.38.  The average daily true range (ATR) for the pair 137 pips and it 90 day average is 125 pips.

GBPUSD

Forex Strategies: Bullish:   We are currently @ 1.3312 in a range. We have a double bottom in place so we are looking for a continuation to the 1.000 Fibo @ 1.2512 area.  Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 80 pips and it 90 day average is 87 pips.