Weekly Forex Forecast For DXY, EURUSD, GBPUSD, USDCHF, and XAUUSD (August 25-29, 2025)

From dailypriceaction.com Watch this video at https://www.metalsmine.com/news/1357833-weekly-forex-forecast-for-dxy-eurusd-gbpusd-usdchf.

The forex market turned what was supposed to be a quiet Friday into a battlefield following Fed Chair Powell’s comments. The DXY was bullish for most of the week, bouncing from the 97.70 support level and also breaking a key resistance level from August. Those moves presented several nice trading opportunities this week. However, what was supposed to be a quiet Friday was anything but. Fed Chair Powell stated that it may be time for a policy change. In other words, the Fed will likely start cutting rates in September. Those comments triggered wild swings in the forex market, with the DXY dropping 0.7% in a matter of minutes.