From Channel Breaks to SMA Bounces: Your FX Setup Roundup

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FX Rocket Profits
September 24, 2025

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Risk Sentiment Shifts, AUD/JPY’s Breakout & GBP/USD’s Support Test

Markets began the week cautiously optimistic, with risk assets rebounding as traders digested last week’s central bank decisions. The dollar softened slightly, gold held near record highs, and equities climbed on hopes that the Fed’s “risk management cut” might be followed by more easing.

In FX, AUD/JPY broke out of its descending channel and is now pulling back toward the breakout zone near 95.00. This level could act as a springboard for bulls — or a trap if momentum fades. Meanwhile, GBP/USD is testing trend support near its 100 and 200 SMAs, with the pair caught between soft U.K. data and a broadly weaker dollar.

Technically, it’s a week of retests and inflection points. Psychologically, it’s a reminder that breakouts need confirmation — and support zones are only as strong as the conviction behind them.

⚡Daily Broad Market Recap – September 22, 2025

  • Risk sentiment improved as traders looked past last week’s rate cuts and focused on growth prospects.

  • Gold held near $3,705; oil rose 1.2% on supply concerns; equities gained across Asia and Europe.

  • USD softened slightly, with AUD and GBP leading gains on technical momentum.

🔥AUD/JPY Channel Breakout & Pullback

  • AUD/JPY broke above its descending channel and is now pulling back toward 95.00.

  • A bounce could target 96.00 or higher; a break below 95.00 may invalidate the breakout.

📊 GBP/USD Trend Support Zone Near the SMAs

  • GBP/USD is testing support near its 100 and 200 SMAs around 1.2660–1.2680.

  • A hold could spark a bounce toward 1.2750; a break lower may open 1.2600 or deeper.

This issue blends improving sentiment with technical setups at key levels. AUD/JPY’s breakout and GBP/USD’s support test offer clean opportunities — but only if traders stay patient and wait for confirmation. In a market full of noise, clarity comes from discipline.

Happy Trading!

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