AUD/USD โ Fundamentals Driving Downtrend | 24.11.2025Bearish Channel + Rate-Cut Expectation Pressure = Downside Continuation Setup
๐ Technical Setup
AUD/USD continues to trade inside a falling channel, respecting the trendline resistance (multiple rejections marked). Price is currently moving toward the resistance zone, offering a potential sell-on-retest opportunity before further downside.
๐ Bias remains bearish as long as price stays below the channel resistance + Ichimoku cloud.
๐ฏ Trading Plan :
๐ Targets (Support Levels):
1st Support: 0.64130
2nd Support: 0.63912
๐ Invalidation / Risk:
A breakout above 0.6480 would reduce bearish bias.
โ ๏ธ Todayโs Fundamental Drivers :
1๏ธโฃ Rate-cut expectations surged:
Markets now price 69% chance of a December rate cut, up from 44% last week โ weakens AUD.
2๏ธโฃ New York Fed statement shook sentiment:
Fed official highlighted weak job market as a bigger risk than high inflation, increasing probability of monetary easing โ USD firming vs risk currencies like AUD.
โก๏ธ When fundamentals + technical trend align, continuation move is likely.
AUDUSD analysis, AUD/USD forecast, AUDUSD sell setup, Forex signals, Australian dollar outlook, Rate cut impact on forex, AUD technical analysis, price action strategy
โ ๏ธ Disclaimer
This chart is for educational purposes only โ not financial advice.
Always manage risk and follow your own trading plan.
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DJ FXCM Index
Forex: Weekly Review Overall market sentiment was, at best, 'choppy' during the week starting Monday 17 November.
A continuation of recent themes (AI overvaluation concerns / hawkish FED repricing) ensured an underlying tentativiity throughout the week and any positivity was short lived (NVIDEA earnings / GOOGLE positivity). Even the return of NFP, with a headline beat, ultimately proved negative as a December FED rate cut diminished to 30%.
All in all, it's a difficult environment, correlations have broken down, particularly the JPY, which struggled throughout the week thanks to the government stimulus. And It currently appears the BOJ don't have rate hike plans until spring 2026. Which brings intervention chatter to the fore. It's likely the BOJ will synchronise intervention with 'soft' US data. And once the BOJ do intervene, it will ultimately be a 'short JPY opportunity'. In the meantime 'verbal intervention threats' (jawboning) will be a 'risk' to any short JPY trades.
The AUD continues to under perform its fundamentals, weighed down by the tepid environment. And the run of soft UK data continues, the GBP remains remarkably resilient. All eyes are on the upcoming UK budget.
On Friday, we did get a FED twist, against the grain, New York FED president WILLIAMS mooted a near term rate cut. There is a theory this was a coordinated speech, lining up a December cut, appeasing the market and swinging the FED RATE MONITOR back towards a December cut. Whether it will prove to be a short lived 'relief bounce', only time will tell. The sooner we get a run of 'real time' US data, the better.
I begin the new week without a clear bias, I'll be reading headlines and watching the VIX in an attempt to guage how serious the market is one way or the other.
On a personal note, it was a week I found difficult to form a solid conviction, only one trade. And it was a particularly speculative AUD CHF short, when I felt the chart was going to roll over. The trade stopped out quite quickly during one of those brief periods of positivity. I'm currently envisioning a continuation of only one or two trades per week and I'm content to slightly up my risk percentage in an attempt to make up the numbers.
Let's see what the new week brings.
Weekly FOREX Forecast: USD Is Bullish Vs EUR, GBP, AUD NZDWelcome back to the Weekly Forex Forecast!
This is Part 1 of the FOREX futures outlook for the week of Nov 24-28th.
In this video, we will analyze the following FX markets:
USD Index, EUR, GBP, AUD, NZD
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Potential bullish rise?US Dollar Index (DXY) has bounced off the pivot and could rise to the 1st resistance.
Pivot: 99.41
1st Support: 98.61
1st Resistance: 101.92
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
Weekly FOREX Forecast: USDCAD, USDCHF & USDJPY Are Bullish!Welcome to Part 2 of The Weekly FOREX FORECAST!
Part 1 covered USD, EU, GU, AU, NU in the previous video.
In this video, we will analyze the following FX markets:
USD Index, USDCAD, USDCHF, and USDJPY.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
DXY at a KEY โDecision Pointโ on the Supply ZoneAfter an extended bullish duration, the DXY is now challenging a technically critical โSupply Zoneโ (100.150 โ 100.600). Further away from key levels, both pump and dump up and down, momentum oscillators on all time frames give us mixed signals of exhaustion from buyers and that we are near to making a big decision in the direction of our market.
A comprehensive technical look that includes the broader structures and multi-month macroeconomic supply-demand analysis.
TECHNICAL OUTLOOK
Critical Resistance (Purple Zone): We are currently sitting right inside that 100.150 โ 100.600 corridor. This is a level we know wellโitโs packed with strong selling pressure and smart money order blocks. Think of this zone as a huge mental hurdle for the bulls; trying to go "Long" here without seeing a clean, high-volume breakout is just asking for trouble with a bad risk/reward setup.
Trend Structure: That ascending yellow trendline connecting the lows since September has been holding the price up so far. But look closerโthe space between the price and this trend support is squeezing tight (Compression). This usually tells us one thing: volatility is kicking in and a big move is brewing.
Negative Divergence (RSI) : Hereโs the warning sign. While the daily chart is trying to make new highs or just hanging on at resistance, the RSI is losing steam and making lower highs. This "Bearish Divergence" is a classic signal that the trend is running on fumes.
Momentum (MACD) : The MACD histogram is fading out, which confirms the bulls are getting tired. It hints that profit-takingโand the sellers taking overโis likely just around the corner.
MACROECONOMIC AND FUNDAMENTAL DYNAMICS
Fed Expectations : The market is scrambling to rethink the Fed's rate path for 2025. We are watching the data like hawks right now; even a small sign of cooling in jobs or PMI data could spark a rejection from this resistance and send the DXY correcting downwards.
Bond Yields : Any pullback in the US 10-Year Treasury Yields (US10Y) is going to add fuel to the fire for sellers on the Dollar Index.
Liquidity Hunt: Watch out for the "fakeout." Market makers might try to push the price just above that 100.600 level to grab liquidity and hunt the stops of early shorters before slamming it back down. Keep your eyes peeled on the Price Action here.
STRATEGY AND OUTLOOK
Since we are banging our heads against resistance, opening new long positions here just isn't juicy enough risk-wise.
Bearish Scenario: If we see a hard crash with volume breaking that ascending yellow trendline, that seals the deal for a reversal. If that happens, weโre looking at intermediate supports first, with the main target being that 96.50 level down low.
Bullish Scenario : Unless we get a solid daily candle close above 100.800, any rallies should be looked at as opportunities to sell. If the price stays above that level, then this idea is dead in the water.
Conclusion: Itโs a "sit on your hands" moment. Waiting for that trend support to break is the safest confirmation we can get before jumping in.
Disclaimer : Just sharing my personal notes and educational analysis here, not financial advice.
US Dollar: Look For Buys As The Pullback Ends!Welcome back to the Weekly Forex Forecast for the week of Nov. 17 - 21st.
In this video, we will analyze the following FX market: USD Dollar
The USD was in retracement last week. It looks like that may be ending, and a new bullish leg could potential start early this week.
Wait patiently for the bullish shift in the market at a key poi... like the Weekly +FVG highlighted in the video. The 1H TF should make this obvious, and look to long the USD against its currency counterparts.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
USDJPY long-term bullish within 3-year Channel UpThe USDJPY pair has been trading within a 3-year Channel Up ever since the October 17 2022 High.
Right now it has been unfolding its latest Bullish Leg since the April 21 2025 bottom (Higher Low), turning its 1W RSI this week overbought (>70.00).
This signal along with the similarities with the June 26 2023 local High, point towards a potential short-term pull-back to test the 1W MA50 (blue trend-line) - 1D MA100 (red trend-line) Support cluster.
As you can see, those have been the two Support levels on every major rally within this 3-year pattern.
As a result, we will look for an additional opportunity to buy there, maintaining a medium-term Target for this pair at 161.500 (Resistance 1).
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GBP/USD - Fundamental Ahead - UK Tax & Upcoming Budget The GBP/USD Pair, Price has been trading within a wedge Pattern on the H1 chart, forming consistent lower highs and lower lows. Price action is now testing the lower boundary of the pattern, signalling a possible breakdown. FPMARKETS:GBPUSD
โ
Market Context:
1๏ธโฃDownward structure building inside the pattern.
2๏ธโฃSellers are showing strength near support levels.
3๏ธโฃBreakdown below the trendline indicates momentum continuation toward lower zones.
โ
Trade Plan:
Entry: Sell after confirmed breakdown below the support (Candle close below trendline or retest of the breakout).
๐ฐTake Profit (TP): At the Key Zone โ major support area identified ahead.
๐Stop Loss (SL): Above the pattern structure / recent swing high.
โ
Psychological Discipline:
1๏ธโฃStick to plan โ No Revenge Trades.
2๏ธโฃAccept losing trades as part of the strategy.
3๏ธโฃRisk only 1โ2% of your account balance per trade.
โ
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โ ๏ธ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Forex trading involves high risk. Trade only with capital you can afford to lose and always do your own research.
Bullish bounce off?US Dollar Index (DXY) is falling towards the pivot and could bounce to the 1st resistance resistance.
Pivot: 99.78
1st Support: 99.34
1st Resistance: 100.71
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
USD Re-Tests Massive Resistance Level as Rate Cut Rally Goes OnSeptember 18th of last year - that's when the Fed cut rates for the first time in that cycle, and the US Dollar set a fresh low at 100.22, building a falling wedge in the currency at the time.
That was a 'jumbo' rate cut, by the way, with the Fed knocking rates back by 50 basis points and it was the first rate cut since they had to quickly tighten rates to try to soften inflation following the spike in 2021 and 2022.
But that seemed to matter little, even though markets held expectation for more softening in 2024 which the Fed delivered with another 50 bps of moderation. That 100.22 level stood as key support - bulls rallied out of the falling wedge, and as we went into Q4, buyers took over in a very big way.
That rally held through the New Year open and then another theme took over - fear - driven by the very unknown prospect of massive tariffs levied by the US on pretty much the rest of the world. Quickly forecasts began to turn dim and fears of recession took over which, of course, were expected to be met by rate cuts.
While Trump took a step back from tariff implementation in April, allowing for both equities and USD/JPY to recover, there's remained an expectation for FOMC softening, and we've already seen two rate cuts.
But, interestingly, ever since the first cut on September 17th of this year, DXY has been pushing both higher-highs and higher-lows - and right now - the same swing low from last year of 100.22 is in-play as resistance.
This retains a bullish appearance for the greenback as the test at this level two weeks ago marked a fresh four month high. The monthly chart showed a morning star that completed in October, and the weekly and daily chart clearly shows the falling wedge breakout - all factors that point to potential strength.
Perhaps the bigger item at the moment is in that large component of DXY of the Euro, which is a 57.6% clip of the Dollar basket. EUR/USD is bearing down for another test of the 1.1500 figure, which, historically speaking, is not a level that gives way easily in the pair. - js
GBP/USD - H1 - Trendline Breakout (19.11.2025)๐ง Setup Overview FX:GBPUSD
GBP/USD has broken below a long-term ascending trendline, followed by a clean retest rejection โ a strong bearish confirmation signal.
Price also remains below the resistance zone (1.3180โ1.3200) and is showing consistent lower highs, indicating sellers are gaining control.
With bearish fundamentals supporting USD strength, further downside pressure is expected.
๐ Trading Plan๐ป Sell Bias (Primary Scenario)
Look for bearish candles forming below the trendline retest
Target the next support levels
๐ฏ Targets:
1st Support: 1.3077
2nd Support: 1.3039
โ Invalidation:
A break and close above 1.3200 (resistance zone) cancels the bearish view
โก Fundamental Outlook โ Today (19 Nov 2025)
๐บ๐ธ USD Fundamentals
1๏ธโฃ U.S. yields continue to climb as investors expect the Federal Reserve to maintain tight policy for longer due to sticky inflation.โ Higher yields โ Stronger USD
2๏ธโฃ Risk sentiment remains weak, with markets rotating into safe-haven assets, supporting USD strength.
๐ฌ๐ง GBP Fundamentals
3๏ธโฃ UK economy shows slowing momentum, and BoE policymakers remain cautious.
โ Weaker GBP outlook
โก๏ธ Combined outlook favors a bearish continuation on GBP/USD.
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Not financial advice โ always confirm entries and manage your risk properly.
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GBP/USD - Triangle Breakout (18.11.2025)๐ง Setup Overview
GBP/USD has broken below the triangle structure, signaling a shift toward bearish momentum after repeated rejections from the upper trendline.
Price is sitting under the breakout region, indicating that sellers are gaining control.
With fundamentals supporting USD strength, the downside continuation scenario looks favorable.
๐ Trading Plan๐ป Primary Bias: Sell
Wait for a retest & rejection near the triangle support-turned-resistance
Look for continuation toward the lower support zones
๐ฏ Targets:
1st Support: 1.3091
2nd Support: 1.3062
#GBPUSD #Forex #TechnicalAnalysis #PriceAction #TriangleBreakout #BearishBias #USD #GBP #ForexSignals #TradingView #KABHI_TA_TRADING #ChartsDontLieTradersDontQuit #FXMarket #TrendlineBreak #SupportAndResistance
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Always follow your confirmation signals and risk management rules before trading.
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Understanding Dollar Structure and DeliveryCurrent price action is unfolding inside the Intermediate Dealing Range, defined by the November 5 high and the October 17 low. DXY is trading in the premium of its 20 day IPDA range, with equal highs sitting just under the 0.25 level as my first draw on liquidity and a Daily SIBI resting right above it. If price reacts at those equal highs, fine, that is expected. But if it keeps pressing higher, the Daily SIBI is the next draw, no question. And if price shifts with displacement from either of those levels, I am looking straight to the relative equal lows first, then 98.563 below the 0.75 level. With NFP coming up, the fundamentals can blow through structure, but if the dollar shows weakness, price is reaching into discount. That is the only direction it can go.
If you want to understand the delivery here, study this chart from August 1. Watch how price cleans up inefficiencies, hunts liquidity, and moves between premium and discount with every shift in order flow. Every displacement points to the next target. The PD arrays along the path are not decoration, they are the roadmap. I have marked the August 1 high and the September 18 low as the larger dealing range, and the November 5 high with the October 17 low as the Intermediate Dealing Range. That is the framework. That is where price is operating right now. If you want to understand the current delivery, this is the range you need to focus on.
Study the chart and you will see exactly why price moved the way it did. Yes, it is hindsight, and that is the whole point. Understanding past delivery helps you see future price action with real precision. The levels that got targeted here were not random. They were the logical draws. Learn that, and you stop guessing. The same delivery repeats again and again.
USDCHF Megaphone started its new Bullish Leg.The USDCHF pair has been trading within a 2-month Bullish Megaphone that was initiated after the huge 1D RSI Bullish Divergence of Higher Lows caused a market bottom in September and the price flipped the Lower Lows to Higher Lows and started rising.
Having broken above its 1D MA50 (blue trend-line) today, the new Bullish Leg has been confirmed and we expect it to make contact with the 1D MA200 (orange trend-line) around 0.81500.
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BTC SPX Ratio At Its LimitsAs BTC has matured, it has revealed its limits relative to SPX. Any time the price rises above 15, a correction follows.
While it has not yet cracked I find myself violating my own rules again and compelled to share this chart with you BEFORE the crack.
Markets are volatile and I am simply trying to keep people from getting hurt. Do not make the mistake of thinking BTC is a safe asset.
Bulls best to take profits.
Click boost, follow, subscribe, and let me help you navigate these crazy markets.
EURUSD Channel Down has started its new Bearish Leg.The EURUSD pair has been trading within a Channel Down since the October 01 High and price its latest Lower High last Thursday, getting rejected exactly on the 1D MA50 (red trend-line) for the first time in 1 month.
Today it broke below its 4H MA50 (blue trend-line) after 10 days and such break-outs have confirmed both previous Bearish Legs. As a result, we turn bearish again on this pair and since both previous Legs declined by at least -2.03%, we are targeting 1.14200.
As you can see, this can make a perfect technical Lower Low on the 1D MA200 (black trend-line) a major long-term market Support. Another metric to look for, is the 4H RSI, which provides a Buy Signal when it double bottoms below 30.00.
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EUR/USD - Ascending Triangle (17.11.2025)๐ง Setup Overview TICKMILL:EURUSD
EUR/USD has formed an ascending triangle, but instead of breaking upward, price failed at the horizontal resistance and slipped below the rising trendline โ signaling potential bearish reversal. The pair is rejecting the 1.1650โ1.1660 supply zone, and downside momentum is building as fundamentals shift in favor of USD strength.
๐ Trading Plan๐ป Bearish Scenario (Primary Bias)
Look for trendline retest rejection for confirmation
Expect continuation to the downside toward key support zones
๐ฏ Targets:
1st Support: 1.1581
2nd Support: 1.1561
๐ฐ Resistance Zone: 1.1650 โ 1.1660
โก Fundamental Updates (Today โ 17 Nov 2025)
1๏ธโฃ Fed officials remain cautious about easing policy due to persistent inflation risks.
โข This reduces the chances of a near-term rate cut โ USD strengthens.
2๏ธโฃ U.S. government bond yields rise as investors move into safer assets during stock market weakness.
โข Higher yields = stronger USD โ bearish pressure on EUR/USD.
These fundamentals align with the technical breakdown, supporting further downside.
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DXY firmed between the hawkish Fed and Waller call of cuts.
The dollar strengthened despite the contrast between the Fedโs overall hawkish tone and Wallerโs support for rate cuts.
Cleveland Fed President Hammack noted that policy must remain somewhat restrictive to bring inflation back to target, while St. Louis Fed President Musalem also emphasized that any policy easing should proceed cautiously.
In contrast, Fed Governor Waller said he is not concerned about a renewed acceleration in inflation and argued that several months of labor-market softness justify additional rate cuts. He added that tariffs are unlikely to have a lasting impact on inflation and that restrictive policy is increasingly weighing on the economy, particularly on lower- and middle-income households.
DXY briefly tested the support at 99.30 before climbing above both EMAs. The converging EMAs indicate a potential shift toward a bullish trend.
If DXY closes above both EMAs, the index may advance toward 99.80.
Conversely, if DXY breaks below both EMAs and 99.30, the index could retreat toward the next support at 99.00.
Bullish momentum to extend?US Dollar Index (DXY) has bounced off the pivot, which is a pullback support, and could potentially rise to the 1st resistance.
Pivot: 99.11
1st Support: 98.63
1st Resistance: 100.27
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
Forex: Weekly Review The week starting Monday 10 November began with positivity. It was mooted the US government shutdown was coming to an end, combined with dovish rhetoric from Japan's government and all was well.
But by Wednesday, the shutdown ending announcement didn't bring with it an extension of the positive mood. Aside from a bit of mixed China data, there wasn't particularly any new information but the market started to re-focus on AI overvaluation concerns and hawkish repricing of the FED interest rate path.
From there it all got a bit messy, the JPY and USD didn't particularly strengthen as the S&P fell, it was left to the CHF to sweep all aside, the CHF was bouyed all week (even in times of positivity) helped by SWISS / US tariff news. The negative tone did put the skids on the mighty AUD though. I felt the AUD would really kick on once positive employment data was released, but it was a tepid end to the week for the Aussie. The GBP had another week of negative data, the recent theme of the pound weakening and then recovering continued. I suspect partly due to the UK's relatively high interest rate but also the GBP and EUR appeared to rise in tandem with the CHF as the European currencies have a habit of tracking each other.
All in all, with the S&P sitting at daily support and the VIX below 20, I'm 'hopefull' positive risk sentiment will return in the week ahead. I'm particularly interested in JPY short trades given the overall pushback against a rate hike before year end.
Of course, the return of US data will be very interesting, particularly regarding the status of the USD, hopefully we'll get some good old fashioned 'US red flag catalyst opportunities' in the weeks ahead.
On a personal note, it was a little disappointing to only place one trade, at least it hit profit. A EUR USD long during the early week positivity. At the time the AUD was the obvious long choice but I preferred the stop loss the EUR USD chart was offering.
Aside from that one trade, it was a week of ideas that didn't come to fruition. Or if they did, I wasn't at the charts at the correct time to take advantage. Unless you have the time (or desire) to be glued to the charts 24 hours a day, missed opportunities is just something you have to accept.
Let's see what the new week brings.
EUR/USD โ H4 Wedge Pattern | Dollar Weakness & Fed Cut Bets๐ง Setup Overview:
EUR/USD is forming a falling wedge pattern on the H4 chart โ a potential bullish reversal structure after weeks of downside pressure. The pair is testing the upper wedge trendline, suggesting a possible breakout, but confirmation is still pending. FX:EURUSD
๐ Trading Plan: โ
Bullish Scenario:
๐ขWatch for a confirmed breakout above the wedge and cloud resistance zone.
๐ขIf confirmed, expect a move toward 1.1730 (1st Resistance) and 1.1800 (2nd Resistance).
โ๏ธ Technical Levels:
๐ข 1st Resistance: 1.1732
๐ข 2nd Resistance: 1.1804
๐ด Support Zone: 1.1500 โ 1.1470
๐งฉ Fundamental Updates (Today โ 9 Nov 2025):
1๏ธโฃ U.S. Treasury yields slipped slightly as surveys showed weaker consumer confidence, softening the dollarโs tone.
2๏ธโฃ Fed rate cut expectations increased โ markets now price a 66% chance of a 25 bps cut in December, according to CME FedWatch.
3๏ธโฃ Government funding worries: renewed concerns over a potential U.S. government shutdown weighed on sentiment and limited USD demand.
๐ดThese factors combined create short-term bearish pressure on USD, which may fuel a EUR/USD rebound if momentum sustains above the wedge.๐ด
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โ ๏ธ Disclaimer:
This post is for educational purposes only โ not financial advice. Always perform your own analysis and manage risk carefully before entering trades.
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