USD/CAD initially dived to 1.3886 last week but rebounded strongly from there. Strong support was seen from 55 D EMA (now at 1.3914). The pair is also staying well inside near term rising channel. Overall Read more…
Despite dipping to 200.54 last week, GBP/JPY quickly recovered. Initial bias remains neutral first. Current development suggests that price action from 205.30 is merely a corrective move, and larger rally is still in progress. On Read more…
EUR/JPY’s up trend resumed last week but retreated after hitting 178.80. Initial bias is turned neutral this week for consolidations. Downside of pullback should be contained above 174.80 support. On the upside, break of 178.80 Read more…
EUR/GBP’s rise from 0.8221 resumed last week and hit as high as 0.8817. But with a temporary top formed, initial bias remains neutral this week for consolidations. Further rise is expected as long as 0.8750 Read more…
EUR/AUD’s extended decline last week dampened the original bullish view, and suggests that corrective pattern from 1.8554 is extending with a thirds. Initial bias stays neutral this week first. Firm break of 1.7569 support will Read more…
EUR/CHF recovered last week but outlook is unchanged. Price action from 0.9208 is seen as a corrective pattern, and upside should be limited by 0.9311 support turned resistance. On the downside, below 0.9236 minor support Read more…
Monday, Nov 3, 2025 Tuesday, Nov 4, 2025 Wednesday, Nov 5, 2025 Thursday, Nov 6, 2025 Friday, Nov 7, 2025 The post Summary 11/3 – 11/7 appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Good sleep is so important, and Read more…
Week in review: Fed Delivers Hawkish Surprise The week draws to a close on a positive note after starting out with a host of risks to consider. However, one by one those risks were navigated Read more…
Canadian Highlights The Bank of Canada delivered a quarter-point interest rate cut, but indicated it is comfortable with the current policy rate, making further cuts unlikely in the near term. Export-reliant sectors continue to struggle Read more…