#GBPNZD: Could a Trend Reversal Be Approaching?
GBPNZD broke out of a large daily accumulation that dates back to April 2025.
GBPNZD broke out of a very strong resistance area near 2.3500 which stopped the price many times. The problem is that this area was only broken because the RBNZ did not raise interest rates, which was not a strong reason and last week NZD was weak again on a non-news day.
It is still bullish, but I think we need to be cautious... it is not clear how it can develop considering we had a lot of moves that are not justified from a fundamental perspective from last week.
I think GBPNZD could start a downtrend soon, but the problem is that we cannot have confirmation yet. More development is needed to have a better idea.
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
#GBPNZD @TradingView #forex #forextrading #forexanalysis
https://t.co/kMlXT3DDWB
#Silver: Both Scenarios are Possible. I Think That... -
At the moment, silver can create both scenarios, so I will explain both.
Range Trading Scenario - Red Scenario:
Over the past two days, silver has been moving within a range trading pattern. Given that the US market is closed, it is possible for silver to move down again, as the red scenario is emerging with a maximum target of 51,200. From this area, silver could move up again with a target of the upper resistance area of 5.30.
Bullish Scenario - Blue Scenario:
If silver finds momentum to break 53.70, it could move higher, as the blue scenario is emerging.
🍀I think it could unfold as the Red Scenario first.
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
#XAGUSD @TradingView #silver #silvertrading #silveranalysis #trading #investing
#LINK: Downtrend Continuation Pattern
LINK broke out of a strong support area near 10.60 and has now turned into resistance.
Bears seem to be taking control of price and could push it further into other support areas, with the first target near 9.6.
A breakdown below this area should push LINK down to 8.7
Bearish Targets:
9.6
8.7
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
#LINKUSDT @TradingView #CRYPTO #cryptotrading #cryptoanalysis
https://t.co/tRWiyq73hl
🗓 Economic Calendar - What to Expect Today 11-Nov-2026❓
The Economic Calendar is empty today. A boring day with little movement is expected again under normal conditions.
⚠️The US market will be closed. Both the US and Canada have official holidays.
🇨🇦CAD Remembrance Day
🇺🇸USD Veterans Day
#forexnews #forex #forextrading #forexsignals
📈MARKET VIEW 📰
🟢Euro STOXX 50 futures were up 49 points at 6,395, FTSE futures added 48.5 points to 10,838, German DAX futures gained 212 points to 26,689, by 0530 GMT.
#EURUSD: Strong Support Holds as Buyers Prepare for Another Recovery
EURUSD is approaching an interesting technical area after another rejection from the upper resistance zone around 1.1270.
Looking at the 4H chart, buyers have repeatedly defended the major support zone between 1.11000 and 1.1270 making this area particularly important for the next directional move.
Despite the recent rejection from 1.1270, the pair continues to show buying interest whenever price approaches the lower support region. This suggests that buyers may still be preparing for another recovery.
For now, I am watching the current price action closely. If EUR/USD manages to stabilize and attract fresh buying interest, we could see another attempt towards the following upside targets:
Bullish targets:
First target: 1.12000
Second target: 1.12400
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
#EURUSD @TradingView #forex #forextarding #forexsignals #forexanalysis #trading #investing #forexeducation
https://t.co/7PAib5uTEt
🟢Nvidia shed about $430 billion in market value over two sessions as new reports deepened questions about CEO Jensen Huang's relationship with a Chinese businesswoman alleged to be a spy for Beijing.
��GLOBAL TOP NEWS 📰
🟢Russian and Ukrainian officials met in Abu Dhabi on Tuesday for their first peace talks since February as US President Donald Trump's envoys launched a new push to end the war in Ukraine.
🟢Oil prices rose from the previous session's two-month lows, as the market swung between hopes for a de-escalation in the US-Israeli war on Iran and concerns about attacks on shipping in the Strait of Hormuz.
🟢Global bonds tumbled and the dollar stayed firm after a hot US inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve next month, though stocks remained resilient.
📣#GOLD: CPI Pullback Could Offer the Next Opportunity Higher
US inflation data today was similar to last month, however, it was interpreted that the CPI data is still high.
The market predicted again that the FED could raise interest rates at the December meeting.
Gold managed to stop the decline near 4013. We need to be careful, but as I see it, the price is still holding strong and the overall picture we have remains intact.
#goldtrading #goldsignals #goldanalysis #trading #investing
#GOLD: CPI Pullback Could Offer the Next Opportunity Higher
Today the US is expected to report inflation data. I think it should be a mess with this data which every time provides a great topic for speculation and a mess.
Market participants expect an increase in US inflation data.
The US Consumer Price Index (CPI) (October) is expected to be 3.9% vs. 3.7% currently.
The US Consumer Price Index excluding Food and Energy (CPI) (October) is expected to be 2.8% vs. 2.6% currently.
Gold Technical Analysis:
I think gold could fall in order to anticipate the CPI data. Once the price finds a strong support, it should resume the upward movement as shown in the chart.
Today gold could fall down into the red zone before moving up again or it could wait where it is now and could only move up after the news. Both are higher-chance scenarios. It's better to wait first.
Bullish targets:
4190
4250
4350
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
#XAUUSD @TradingView #forex #forexanalysis #goldanalysis #goldtrading #goldsignals
https://t.co/2Hmnp6wD4S
📣#GBPCHF: Ascending Structure Points Towards Higher Levels
Yesterday, GBP/CHF could rise despite the BOE raising interest rates. As you can see, CHF was one of the currencies that was strong for no reason yesterday afternoon.
GBP/CHF fell back to a strong support area. Chances are it will rise further, but there is risk given this crazy market.
#gbpchf #forex #forextrading #forexsignals #forextrading #trading #investing
Yes yes...and what pushed it down from October 31 ???
It was the fundamental that Trump and Israel wanted to attack with Nuclear weapon? Or that Trump wanted to make a bigger attack after November 3 as he wrote on October 30 and October 31 ?
Why ti didn't move up to 150 becayse they were very strong comments.
If you can explain, then I agree with you.
#OIL: The bulls lost the battle around the $89 area...
The bulls lost the battle around the $89 area and OIL clearly changed to a bearish position.
The price of oil is very much linked to the US-Iran developments, so we need to be careful, but it seems that with the US midterm elections we may see some stability as they do not want to continue the war.
If OIL manages to stay below the current 89 area, then it should go further to 81; 75 and possibly 70.
Also, OPEC+ did not change oil supply last week, so all this could contribute to a weaker oil price.
Targets:
81
75
70
You can find more details on the chart.
Thank you! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
#USOIL @TradingView #crudeoil #brentoil #crudeoilanalysis #crudeoilsignals #crudeoiltrading #brentoiltrading #brentoilanalysis
📣USD Inflation data.
The numbers are in green on the month data but if you see carefully they are lower or unchanged as the previous month.
So it doesn't support the USD strength.
⚠️The missing part of the yearly data is very important to know but it was not published...it was deleted from the economic calendar. I don't know why the US didn't report the Yearly inflation data...this is strange