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04/11/2026

Gold remains in a clear daily downtrend, but bullish divergence is developing as price makes lower lows while MACD forms higher lows. This suggests bearish momentum may be weakening. A reaction from the 3,850 to 3,900 area could trigger a corrective recovery, though confirmation is still needed before favouring the upside.

02/11/2026

EUR/NZD remains within a broad descending channel after rejecting the upper boundary near 2.0100. Price has since rebounded from recent lows, but the 1.9900 area now looks important for direction. Failure to break and hold above this zone could bring sellers back into control, with 1.9550 the next downside area to watch before deeper channel support.

01/11/2026

NZD/USD remains under sustained bearish pressure within a broad descending channel. Price is approaching major horizontal support around 0.5580, which also sits close to the lower channel boundary. A bullish rejection could trigger a recovery towards 0.5700 and maybe the upper part of the channel. A confirmed daily close below 0.5580 would strengthen the bearish outlook and potentially expose 0.5500.

30/10/2026

EUR/GBP remains firmly bearish, with price continuing to form lower highs and lower lows across the daily chart. The pair is now testing major support around 0.8350, a level that could determine the next move. A bullish reaction may trigger a short-term recovery, while a decisive daily close below support would strengthen the bearish outlook and expose further downside.

28/10/2026

EUR/USD remains firmly bearish, with price continuing to respect descending trendline resistance and forming lower highs. The pair is now approaching major support around 1.1085, making this a crucial decision area. A bullish rejection could trigger a corrective recovery, while a decisive daily close below support would strengthen the bearish outlook and potentially expose the psychological 1.1000 level.

26/10/2026

USD/CAD has rejected the upper boundary of its broad ascending channel, triggering a sharp bearish move back towards 1.4000. Sellers currently hold momentum, but a short-term correction could provide a cleaner setup before further downside. If bearish pressure continues, the rising channel support around 1.3800–1.3850 becomes the key potential target area.

25/10/2026

Gold remains under sustained bearish pressure, with price respecting a clear descending trendline from the September highs. The latest selloff has pushed price into major support around 3,975, making this a critical decision zone. A bullish rejection could trigger a short-term recovery (and maybe a reversal), while a decisive daily close below support would strengthen the case for further downside towards 3,900.

23/10/2026

GBP/AUD remains constructive after the strong recovery from 1.8890, with price now consolidating around the 38.2%–50% Fibonacci retracement area. Holding above the 61.8% level near 1.9020 keeps the bullish structure intact. A renewed push above 1.9100 could target 1.9230, followed by the -27% Fibonacci extension and resistance zone around 1.9320–1.9350.

21/10/2026

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