Forex Weekly Forecast with Technical Analysis on March 24'25

Let’s get into it. No major data bombs expected this week. But don’t let that fool you. The Fed's decision to hold rates last week, paired with a subtle admission of a slowing US economy, could quietly shift momentum across the board.

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Here’s what Nikkhil’s watching and how the charts are speaking.

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DXY (U.S. Dollar Index)

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The Dollar remains technically weak on the monthly and weekly timeframes, with no sign of true bullish momentum returning. However, on the daily and 4H charts, Nikkhil’s seeing a corrective pullback in motion. Price action suggests DXY could climb towards the 50–61.8% Fibonacci retracement zone, which also aligns with a retest of the falling trendline. This level could act as a critical resistance before the next wave of selling resumes.

But here’s the nuance — while buyers are printing higher lows on lower timeframes, the momentum is sluggish, hinting at exhaustion. This isn’t strength. It’s survival. If sellers reclaim control at the resistance zone near 104.00–104.50, expect the longer-term bearish move to resume.

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Click to see the exact confluence zone Nikkhil uses for time reversals on the DXY (this single level could set the tone for Gold, EURUSD, and more this week.)

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EURUSD

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On the monthly chart, EURUSD continues to struggle below a major falling trendline, while two overlapping Fib extensions highlight a magnet resistance zone near 1.09. On the weekly, Nikkhil identified a hidden bearish divergence, and the daily confirms this weakness — with a fresh pullback already underway.

This makes sense, given the Dollar’s temporary strength. Nikkhil’s analysis points to a short-term dip toward the 1.058–1.060 zone, which aligns with the 61.8% Fib retracement from the latest daily swing. On 4H and 1H charts, bearish divergences have completed their breakout structures, and the pair is showing signs of exhaustion. However, there is also a potential bullish divergence building on the 1H timeframe — meaning after the drop, a reversal setup could emerge.

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Click to get Nikkhil’s “Buy Zone Blueprint” for EURUSD (it’s the exact process he uses to catch reversals before the market reacts.)

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WTI (Crude Oil)

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Crude Oil is sitting at a critical crossroads. On the monthly chart, it bounced cleanly from the major support at $65.60, and weekly timeframes show a potential bullish divergence building, though not confirmed yet. Two falling trendlines—short-term and long-term—are creating a resistance confluence near $77.50.

On the daily and 4H charts, Nikkhil’s seeing a short-term bullish push, with price climbing towards Fib magnets at $69.00, $71.70, and possibly $73.00. But this is likely just a pullback within a broader bearish structure. The long-term bias remains bearish unless price can convincingly break above the trendline confluence and flip resistance into support.

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Click to unlock Nikkhil’s Crude Oil magnet map (and discover the one level that could mark the end of this bounce and the beginning of the next drop.)

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XAUUSD (Gold)

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Gold continues to be the strongest chart of the week — bullish across monthly, weekly, and daily timeframes. No signs of slowing down on the higher timeframes, with the next monthly magnet zones hovering around $3128 and $3484. However, daily charts are showing minor signs of a slowdown, likely due to the Dollar’s temporary rise.

That said, price remains above all key rising trendlines, and the 4H chart still prints higher highs with intact structure. As long as $3015 holds, we could see price move toward $3070–$3085 this week. If it breaks below, a pullback to the trendline near $2955 becomes likely — before continuation higher.

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Click to see Nikkhil’s secret weapon for timing Gold entries (especially when short-term pullbacks threaten long-term bullish trends.)

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BONUS WATCHLIST: UBER

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Technically, Uber is flashing a swing-to-midterm investment setup that’s hard to ignore. On the monthly and weekly charts, price has already completed a bullish 161% Fib extension — and the next upside targets stand at $100, $104, and $125.

The stock is currently sitting around $75, with strong support near $60. It’s printing higher lows on the daily, reclaimed its rising trendline, and buyers are stepping back in after a healthy pullback. Based on multiple Fibonacci extensions across timeframes, the risk is $15–20 per share, but the potential reward is nearly double.

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Click to get the full chart breakdown and entry plan for Uber (this one isn’t a trade… it’s a calculated hold for those who know how to read momentum.)

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This week isn’t about big announcements.

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It’s about big reactions to small shifts.

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Those who stay sharp, trade with confluence, and plan with discipline will find real opportunity.

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Let’s make it a week of precision, not prediction.

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Click Here to Watch the Full Week Forex Forecast