Free Forex Trading Signals For 10.17.2025
Diving into the forex trenches with some fresh signals for today. I’ve been trading these markets long enough to know they can turn on a dime, but based on where things stand this morning, here’s my take on the key pairs and assets. Prices are straight from the wire as of now, and I’m weaving in what the charts are whispering, plus a bit from my own battle-tested gut. Remember, this ain’t financial advice; do your homework and manage your risk like your portfolio depends on it (because it does).
EUR/USD: Euro Pushes Back Against Dollar Dominance
Current Price: 1.1678
The euro’s putting up a fight today, nudging higher toward that 1.1680 mark as the dollar eases off its pedal-to-the-metal run from earlier Fed chatter. The ECB’s holding steady, which is giving the single currency a bit of breathing room—looking at the techs, RSI’s perked up to around 52, signaling some neutral-to-bullish vibes, while MACD’s starting to cross upward without much conviction yet. Support’s digging in at 1.1655, where those moving averages cluster, and resistance is capping things at 1.1705 for now. Monthly, we’re seeing a modest 0.6% rebound, padding out a solid 7.5% yearly gain that tells me euro bulls aren’t ready to throw in the towel just yet, especially if global growth picks up steam.
From the dog-eared pages of my trading journal, I’ve seen EUR/USD bounce like this when the dollar gets ahead of itself—hell, I rode one of these back in ’22 and pocketed nicely. But this level feels tentative; if US retail sales data comes in hot later, it could squash the upside. Still, I’m tilting toward the buyers here, though I’d watch for any tariff talk out of Washington to stir the pot.
Summary of Entry/Exit Points:
Signal: Buy
Entry: 1.1682 (on a confirmed breakout above the hourly high)
Take Profit: 1.1715 (aligning with the 50% Fib retracement; lock in partials at 1.1698)
Stop Loss: 1.1645 (just under key support to avoid whipsaws)
GBP/USD: Pound Feels the Squeeze from UK Woes
Current Price: 1.3418
Cable’s looking wobbly, drifting lower as the pound wrestles with lingering Brexit echoes and BoE’s cautious tone on rates amid choppy inflation numbers. The dollar’s not helping, staying firm overall—charts are flashing bearish signals with RSI slumping to 34, deep in oversold but not rebounding yet, and MACD stuck in negative territory. Support’s testing the waters at 1.3390, near those recent swing lows, while resistance at 1.3440 is keeping any pops in check. Over the month, it’s bled about 1.1%, chipping away at a 6.2% yearly uptrend that might hold if wage data surprises positively.
I’ve got scars from pound trades gone south, like that brutal drop in ’19, but this setup reminds me of those times when divergence between central banks bites hard. Holding below 1.3420? Yeah, that smells like more downside unless the Fed blinks first. Bears have the edge in my book; election jitters could accelerate it, but a dovish turn stateside might offer relief.
Summary of Entry/Exit Points:
Signal: Sell
Entry: 1.3412 (retest of the descending trendline)
Take Profit: 1.3365 (next support zone; partial close at 1.3385)
Stop Loss: 1.3455 (above the 20-period EMA for safety)
USD/JPY: Dollar Keeps Yen on the Back Foot
Current Price: 150.22
The greenback’s flexing its muscles against the yen, powering through 150 as yield differentials widen and the BoJ sticks to its ultra-loose script. Tech indicators are all green: RSI’s comfortably at 58 with room to run, MACD’s bullish crossover intact, and resistance looming at 150.80 where the upper Bollinger band sits. Support at 149.50 is holding firm for now. Monthly gains are clocking in at 1.3%, extending a 6.4% yearly climb that screams carry trade revival.
Pulling from my faded notes on yen pairs, I’ve banked big on these runs when policy gaps yawn wide—think back to the early ’20s surges. This breach of 150? It’s got momentum, but I’d keep an eye on any intervention whispers from Tokyo. Bullish all the way for me; if inflation data backs the Fed, we could see higher highs, though a global risk dip might trim it back.
Summary of Entry/Exit Points:
Signal: Buy
Entry: 150.35 (pullback to the pivot point)
Take Profit: 151.20 (targeting the 161.8% Fib extension; partial at 150.90)
Stop Loss: 149.20 (below the daily low to cut losses quick)
Gold: Shining Bright in Uncertain Times
Current Price: 4313.83
Gold’s riding high, blasting through 4300 as safe-haven bids flood in amid geopolitical static and a softening dollar narrative. The charts are lit: RSI pushing 68 but not screaming overbought, MACD ramping up strongly, with resistance eyeing 4335 near record territory. Support’s anchored at 4290, backed by the 50-day MA. We’re up 3.1% this month, supercharging a whopping 26.1% yearly haul that feels unstoppable in this environment.
My gold trades have left me with some shiny wins and a few duds, but this kind of breakout? It’s classic haven play, like the spikes during the pandemic mess. Above 4310, I’m betting on more upside if bonds yield curve flattens further. Full bull mode here; central bank hoarding could fuel it, but a sudden risk-on rally elsewhere might cool the jets.
Summary of Entry/Exit Points:
Signal: Buy
Entry: 4318 (on a minor dip retest)
Take Profit: 4345 (round number resistance; partial at 4328)
Stop Loss: 4285 (under the trendline support)
BTCUSD: Bitcoin Hovers in No-Man’s Land
Current Price: 105421.15
Bitcoin’s caught in a holding pattern, lingering around 105k after its epic run-up, with ETF inflows tapering and regulatory murmurs in the air. Techs are mixed: RSI at 46 teetering on the edge, MACD losing steam in neutral ground, support probing 104200 where the 100-hour MA lies. Resistance at 106500 is proving sticky. Flatline monthly after a volatile 8% swing, but the year’s 118% monster gain suggests dips get bought—eventually.
From my crypto war stories, BTC’s plateaus like this often precede wild swings—I’ve timed a few entries right, but misfired on others. Stuck below 106k? It leans bearish short-term unless some big wallet moves shake things up. I’m cautious, favoring a sell for now; halving afterglow might fade if stocks tank, but fresh adoption hype could reignite the fire.
Summary of Entry/Exit Points:
Signal: Sell
Entry: 105200 (break below the consolidation low)
Take Profit: 103800 (key Fib level; partial at 104600)
Stop Loss: 106800 (above the overhead resistance)
| Asset | Signal | Entry | Take Profit | Stop Loss |
|---|---|---|---|---|
| EUR/USD | Buy | 1.1682 | 1.1715 | 1.1645 |
| GBP/USD | Sell | 1.3412 | 1.3365 | 1.3455 |
| USD/JPY | Buy | 150.35 | 151.20 | 149.20 |
| Gold | Buy | 4318 | 4345 | 4285 |
| BTCUSD | Sell | 105200 | 103800 | 106800 |
These awards confirm our commitment to building a rewarding trading environment and helping you uncover your potential. Thank you for choosing to trade with an award-winning broker!
Choose MetaTrader 5 with Top Forex Brokers?
•Blazing-fast execution & enhanced stability
•38 built-in technical indicators & 21 timeframes for precision trading
•Optimized for all devices—desktop, mobile & web
•Trade a wide range of assets: Stocks, Commodities, Forex & more!
https://www.topforexbrokerscomparison.com
Disclaimer: These forex trading signals are for educational purposes only and not financial advice. Trading carries significant risks, including the potential loss of your entire investment. Always consult a professional advisor before jumping in.