📊 November 3, 2025｜Major FX, Gold & BTC Technical Overview

📊 November 3, 2025｜Major FX, Gold & BTC Technical Overview

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🟩🟥⚪ Color Legend

🟩 = Bullish (Uptrend) 🟥 = Bearish (Downtrend) ⚪ = Neutral / Consolidation

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💱 Multi-Timeframe Summary

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⚙️ Trend Overview

💵 USD: Unquestioned Strength — Global Dollar Rally Continues

USD/JPY (154.16)

• Both hourly & daily charts remain strongly bullish.

• Yen weakness deepens on rising U.S. yields and BOJ’s dovish tone.

• Intervention risk remains, but a break above 154.50 opens the door to ¥155+.

USD/CHF, USD/CAD, USD/NZD

• All show synchronized “strong buy” signals across timeframes.

• The “Dollar Trio” leads the global rally, powered by prolonged Fed hawkishness.

• Commodity currencies (CAD, NZD) stay soft, amplifying dollar dominance.

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💶 Europe: Broad Weakness, ECB Dovish Bias Deepens

EUR/USD (1.1513)

• Strong sell across all timeframes.

• Post-ECB tone remains dovish, pulling euro lower toward 1.1450 key support.

GBP/USD (1.3130)

• Persistent downtrend; technical and macro factors align bearishly.

• BOE early-cut speculation reinforces sell-on-rally bias.

EUR/GBP (0.8769)

• Despite euro softness, sterling is weaker still — daily chart flipped bullish.

• Scope for near-term euro rebound vs GBP.

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💴 Cross-Yen: Mild Pullback, Underlying Yen Weakness Persists

• EUR/JPY, CAD/JPY, CHF/JPY: short-term corrections, but daily charts stay bullish — dips remain buying opportunities.

• AUD/JPY, NZD/JPY: daily “strong buy,” backed by risk-on sentiment and metals recovery.

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💰 Gold (XAU/USD): Range-Bound at High Levels

XAU/USD (US$3,996)

• Short-term bearish bias, yet daily remains neutral.

• Consolidating near $4,000; stuck between U.S. yield pressure and geopolitical support.

• A break above $4,030 would reignite upward momentum.

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🪙 BTC/USD: Persistent Decline — Risk Capital Retreats

BTC/USD (US$107,580)

• Strong sell across mid-to-long term.

• Correlated to U.S. equities and yields; downside risk toward $108,000 persists.

• Any rebounds likely shallow amid risk-off tone.

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💎 Top Trend Strength Rankings

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⚠️ Weak / At-Risk Pairs

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🧭 Summary

The global FX narrative remains “King Dollar Returns”.
Fed’s hawkish tone contrasts sharply with ECB & BOE easing bias.
Yen stays weak, gold consolidates, crypto corrects — all under dollar pressure.

💬 Key Focus:

• Sustainability of USD/JPY above ¥154

• Continuation of EUR weakness amid ECB dovish tone

Gold holds range; BTC continues its descent —
the FX market remains firmly dollar-centric.

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📌 Trade Strategy Snapshot