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FX Today: The FOMC Minutes and UK inflation data gather all the attention

The US Dollar (USD) traded in a slightly constructive tone, extending its recent advance on Tuesday, all against the backdrop of a persistent risk-off sentiment and steady caution ahead of key data releases on the US docket.

Source  Fxstreet1763490931
EUR/USD: Any decline is likely limited to a test of 1.1570 – UOB Group

The slight increase in downward momentum suggests Euro (EUR) could edge lower; any decline is likely limited to a test of 1.1570. In the longer run, EUR is expected to trade in a range between 1.1540 and 1.1640, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Source  Fxstreet1763456705
FX Today: Focus should be on RBA Minutes, ADP Weekly and Fedspeak

The US Dollar (USD) managed to regain fresh upside impulse on Monday, rebounding from recent multi-day lows as market participants continued to gauge upcoming US data releases and the likelihood of further rate cuts by the Federal Reserve.

Source  Fxstreet1763405658
EUR/USD: Likely to trade between 1.1595 and 1.1645 – UOB Group

The current price movements are likely part of a range-trading phase between 1.1595 and 1.1645.

Source  Fxstreet1763374507
Uniswap Price Forecast: UNI eyes upside as bulls defend key support 

Uniswap (UNI) is showing early signs of recovery, with price action holding firmly above the $7.06 support level. Strengthening on-chain and derivatives data—including heightened whale activity and a rise in bullish positioning—suggest a favorable environment for upside continuation.

Source  Fxstreet1763366986
Bitcoin Weekly Forecast: The capitulation phase unfolds

Bitcoin (BTC) market structure continues to deteriorate as the capitulation phase begins to take shape, with BTC sliding below $97,000 on Friday and extending losses to more than 7% so far this week.

Source  Fxstreet1763120852
EUR/GBP remains above 0.8815 amid generalised Pound weakness

The Euro-Pound rally from Monday’s lows at 0.8770 has been capped nearly 100 pips higher, at 0.8865 on Friday, with the Euro struggling amid the risk-off sentiment, although downside attempts remain contained above Thursday’s low, at 0.8815, as dismal UK data and renewed fiscal concerns keep GBP bul

Source  Fxstreet1763120557

India FX Reserves, USD declined to $687.03B in November 3 from previous $689.73B

Source  Fxstreet1763119862
EUR/USD: Next resistance at 1.1685 is unlikely to come under threat – UOB Group

There is scope for Euro (EUR) to test the 1.1655 level again; the next resistance at 1.1685 is unlikely to come under threat.

Source  Fxstreet1763113641
Bitcoin Price Forecast: BTC consolidates near $102,800 as market indecision persists

Bitcoin (BTC) price is trading sideways around $102,800 at the time of writing on Thursday, reflecting persistent market indecision after encountering resistance earlier this week. The range-bound price action is further supported by mixed flows in spot Bitcoin Exchange Traded Funds (ETFs).

Source  Fxstreet1763033170

Switzerland Producer and Import Prices (MoM) below forecasts (0.1%) in October: Actual (-0.3%)

Source  Fxstreet1763019032
Chiliz Price Forecast: CHZ risks drop as whales offload holdings amid fading market interest

Chiliz (CHZ) is trading around $0.032 at the time of writing on Thursday, after being rejected from the key resistance level earlier this week. On-chain data indicates that whale wallets are offloading their holdings while social dominance declines, suggesting fading investor interest.

Source  Fxstreet1763007211
FX Today: Markets maintain their course as investors await US government reopening

The US Dollar (USD) remains under pressure as investors tilt into a risk-on stance ahead of an expected vote to re-fund the US government on a short-term basis. A vote on a short-term funding solution on the floor of the lower US House of Representatives is expected during the overnight session.

Source  Fxstreet1762979055
EUR/USD: Likely to trade in a range between 1.1560 and 1.1610 – UOB Group

Euro (EUR) is likely to trade in a range between 1.1560 and 1.1610. In the longer run, EUR is expected to range-trade, but likely within a narrower range of 1.1520/1.1610, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Source  Fxstreet1762940760
EUR/USD: Likely to trade in a range between 1.1535 and 1.1575 – UOB Group

Euro (EUR) is likely to trade in a range between 1.1535 and 1.1575. In the longer run, there is no change in view; EUR is likely to trade in a range of 1.1485/1.1610 for the time being, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Source  Fxstreet1762854427
GBP/JPY Price Forecast: Breaks above 203.00 as bulls eye 204.25

The Pound Sterling extended its gains versus the Japanese Yen on Monday, surpassing the 203.00 milestone as it gains over 0.54% clearing key previous resistance level turned support at the 20-day SMA at 202.37.

Source  Fxstreet1762815044
USD/JPY Price Forecast: Rebounds above 153.00 as buyers stepped in

The USD/JPY stages a recovery on Friday with buyers claiming 153.00, an indication that the uptrend might resume in the short term.

Source  Fxstreet1762550399

India FX Reserves, USD fell from previous $695.36B to $689.73B in October 27

Source  Fxstreet1762515054
EUR/USD has scope to extend to 1.1570 before a pause can be expected – UOB Group

Euro (EUR) has scope to extend to 1.1570 before a pause can be expected. In the longer run, weakness from a week ago has stabilized; EUR is likely to trade in a range of 1.1485/1.1610 for the time being, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Source  Fxstreet1762512176
EUR/USD: Likely to trade between 1.1475 and 1.1525 – UOB Group

Tentatively slowing downward momentum and oversold conditions suggest consolidation in EUR, likely between 1.1475 and 1.1525. In the longer run, EUR is expected to weaken further; the next level to watch is 1.1450, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Source  Fxstreet1762423895
EUR/CAD Price Forecast: Holds above nine-day EMA, 1.6200 within a consolidation phase

EUR/CAD extends its gains for the second successive session, trading around 1.6220 during the early European hours on Thursday. The currency cross has moved above the nine-day Exponential Moving Average (EMA), suggesting that short-term price momentum has turned stronger.

Source  Fxstreet1762413191
Bitcoin Price Forecast: BTC steadies around $101,000 as easing US-China tensions offer market relief

Bitcoin (BTC) price holds near $101,000 at the time of writing on Wednesday, finding support near a crucial level amid easing US-China trade tensions.

Source  Fxstreet1762340631
EUR/USD may not be able to reach 1.1450 today – UOB Group

Further declines are not ruled out; clear positive divergence suggests EUR may not be able to reach 1.1450 today. In the longer run, EUR is expected to weaken further; the next level to watch is 1.1450, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Source  Fxstreet1762335510
EUR/USD may have enough momentum to test 1.1490 – UOB Group

Euro (EUR) may just have enough momentum to test 1.1490 before the risk of a recovery increases. In the longer run, the next level to watch is at 1.1490, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Source  Fxstreet1762249848
FX Today: The RBA is expected to keep rates unchanged

The US Dollar (USD) extended its march north, retesting new three-month highs as investors continued to assess the post-FOMC scenario and the likelihood that the Federal Reserve might hold its hand in December.

Source  Fxstreet1762196275
EUR/USD: Unlikely to threaten the major support at 1.1490 today – UOB Group

Further Euro (EUR) weakness is not ruled out; any decline is unlikely to threaten the major support at 1.1490 today. In the longer run, the next level to watch is at 1.1490, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Source  Fxstreet1762164643
FX option expiries for Nov 3 NY cut

FX option expiries for Nov 3 NY cut at 10:00 Eastern Time via DTCC can be found below.

Source  Fxstreet1762146635

India FX Reserves, USD down to $695.36B in October 20 from previous $702.28B

Source  Fxstreet1761910253
EUR/USD: Next major support at 1.1490 is likely out of reach for now – UOB Group

Strong momentum suggests Euro (EUR) could break below 1.1540; the next major support at 1.1490 is likely out of reach for now.

Source  Fxstreet1761904275
FX option expiries for Oct 31 NY cut

FX option expiries for Oct 31 NY cut at 10:00 Eastern Time via DTCC can be found below.

Source  Fxstreet1761879036
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