Free Forex Trading Signals For 10.23.2025
October 23, 2025, and the forex grind is as unpredictable as ever—dollar’s pushing boundaries with Fed whispers in the air, while gold’s trying to claw back from that nasty dip. I’ve been up early, sifting through charts and reports, and it’s days like these that remind me why I got into trading: the thrill of spotting patterns amid the noise. These signals draw from the moves I’m seeing today, laced with insights from trades I’ve won and lost over the years. No crystal ball here, just levels that have held up in the past. I’ve ignored fundamentals before and paid for it, so factor in news like CPI or geopolitics. Play smart, keep stops tight, and let’s unpack this.
EUR/USD: Bearish Clouds Gather as Dollar Flexes
The EUR/USD’s edging around 1.1608, but it’s been under fire, slipping toward 1.1570 support after some consolidation attempts. I’ve traded euros through enough US yield spikes to know it struggles when the dollar heats up, and with Eurozone confidence dipping, the pressure’s on. Trends scream bearish, with key supports at 1.1570-1.1500, and any rebound feels like a dead cat bounce unless it clears 1.1770. In my view, this pair’s got more downside—I’ve shorted similar setups profitably, but Lagarde’s words could spark a fakeout.
Short-term, selling persists; I’ve learned to fade weak rallies here.
Signal Summary:
Short if it dips below 1.1600, entering at 1.1595.
Target take-profit at 1.1550.
Stop-loss at 1.1625 against a snapback.
Above 1.1615? Buy toward 1.1650.
GBP/USD: Pound Slips on Soft Data, Eyes Deeper Pullback
GBP/USD’s at 1.3329, down after weak inflation sparked a fourth-day slide, testing supports near 1.3300. I’ve seen the pound tank on BoE pivot talks before, and this feels familiar with dollar rebound adding fuel. Trends show weakness, potentially heading to 1.3140 if it cracks lower, though some consolidation lingers. Personally, I’m not buying the dip yet—cable’s resilient, but without UK data firepower, it could bleed more.
Bearish signs dominate; I’ve waited out these grinds for better entries.
Signal Summary:
Short below 1.3325, enter at 1.3320.
Take-profit at 1.3260.
Stop-loss at 1.3350.
Push above 1.3340? Long to 1.3380.
USD/JPY: Bulls Charge as Yen Yields Ground
At 152.62, USD/JPY’s building steam above 152.50, recovering with eyes on 153 amid yield gaps widening. I’ve traded yen pairs long enough to spot when dollar momentum takes over, and BoJ’s quiet stance isn’t helping the yen. Trends lean bullish, with retests of 153.26 possible, though pullbacks to 151 could offer buys. In my experience, this one’s a trend-follower—I’m riding upsides till intervention rumors hit.
Recovery mode on; I’ve banked on similar bounces by buying dips.
Signal Summary:
Buy on dips near 152.50, enter at 152.55.
Target 153.50.
Stop-loss at 152.00.
Below 152.20? Short to 151.00.
Gold: Rebound Efforts Amid Post-Shakeout Volatility
Gold’s climbing to 4148.57, rebounding from $4009 lows as it stabilizes above $4100 after a volatile sell-off. I’ve always viewed gold dips as opportunities in uncertain times, and with CPI focus, this correction might be shaking out weak hands. Trends show bullish attempts, targeting $4170-4270, but double top pressure caps upside. Personally, I’m bullish long-term—geopolitics keep it afloat, though I’ve trimmed on overbought runs before.
Stabilization in play; I’ve bought these bottoms successfully.
Signal Summary:
Buy above 4145, enter at 4150.
Take-profit at 4180.
Stop-loss at 4120.
Drop below 4130? Short to 4080.
BTC/USD: Bitcoin Holds Firm, Eyes Higher Ground
Bitcoin’s steady at 109392.45, bouncing near $108k after drops, with support at $107,400 holding. I’ve been through crypto cycles, and this accumulation phase screams potential squeeze if shorts pile in. Trends suggest rising momentum, possibly to $115k, though weakness around $108k lingers. In my opinion, BTC’s underrated here—ETF dynamics could ignite it, and I’ve held through similar lulls for big gains.
Bullish undertones; I’ve timed rebounds by watching EMAs.
Signal Summary:
Long above 109400, enter at 109500.
Target 111000.
Stop-loss at 108000.
Below 108500? Short to 106000.
Summary Table of Trading Signals for October 23rd, 2025
| Asset | Current Price | Recommended Action | Entry Point | Take Profit | Stop Loss |
|---|---|---|---|---|---|
| EUR/USD | 1.1608 | Sell | 1.1595 | 1.1550 | 1.1625 |
| GBP/USD | 1.3329 | Sell | 1.3320 | 1.3260 | 1.3350 |
| USD/JPY | 152.62 | Buy | 152.55 | 153.50 | 152.00 |
| Gold | 4148.57 | Buy | 4150 | 4180 | 4120 |
| BTC/USD | 109392.45 | Buy | 109500 | 111000 | 108000 |
That’s the rundown—my straight take on where things stand. Markets shift quick, so watch those levels and adjust. I’ve laid it out; now it’s your call.
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.