📈 Weekly Forex Forecast: Major Forex Pairs Key Setups (10th — 14th March 2025)
Get ready for the trading week with key insights into major currency pairs! 🚀
EUR/USD 🇪🇺💵
The euro has surged, posting its biggest rally in years, driven by economic optimism in the eurozone. Resistance sits around 1.1000, while 1.0500 remains a key support level.
GBP/USD 🇬🇧💵
The pound continues its climb, supported by expectations of a stable UK economy. Keep an eye on 1.3100 as resistance, with support at 1.2800.
USD/JPY 🇺🇸💴
The dollar is losing ground to the yen amid economic concerns. Traders should monitor support at 130.00 and resistance at 133.50.
AUD/USD 🇦🇺💵
The Aussie remains steady, with upcoming US inflation data set to drive volatility. Resistance stands at 0.6400, while support is near 0.6250.
USD/CAD 🇺🇸🇨🇦
The loonie strengthens on stable oil prices. Resistance is near 1.2700, with support around 1.2500.
🔥 Key Economic Events This Week: 📌 12th March — ECB President Lagarde speaks, US CPI data, Bank of Canada rate decision.
📌 13th March — US PPI data, unemployment claims.
📌 14th March — UK GDP report, US Consumer Sentiment Index.
Plan your trades with NordFX’s weekly analysis! 📊🚀
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⚠️ Risk warning: Forex trading involves significant risk. Trade responsibly.
📈 Weekly Forex Forecast: Major Forex Pairs Key Setups (10th — 14th March 2025) was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.