📊 November 4, 2025｜Major Currencies, Gold & BTC Technical Overview

📊 November 4, 2025｜Major Currencies, Gold & BTC Technical Overview

---

🟩🟥⚪ Color Legend

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

---

💱 Multi-Timeframe Summary

---

⚙️ Trend Overview

💵 USD: Unquestioned Dominance Continues

USD/CAD (1.4073) / USD/NZD (1.7661) / USD/CHF (0.8082)
→ Strong buy across all timeframes.
→ Ongoing Fed hawkish stance reinforces broad USD strength.
→ CAD, NZD, and CHF remain weak in parallel.
→ Dollar Index stays near year-to-date highs.

USD/JPY (153.33)
→ Short-term selling pressure, but daily chart remains bullish.
→ Verbal intervention from MOF/BOJ caused temporary correction,
 but the underlying yen-weak structure remains intact.
→ A return above ¥154 could reopen upside toward renewed carry trade expansion.

---

💶 European Currencies: Euro and Pound Under Pressure

EUR/USD (1.1508)
→ Strong sell across all intraday timeframes.
→ Persistent ECB rate-cut expectations push the pair toward a break below 1.15.
→ Next downside zone: 1.1450–1.1400.

GBP/USD (1.3065)
→ Firmly bearish tone.
→ BOE easing bias and growth slowdown continue to weigh,
 favoring a “sell-on-rallies” strategy.

EUR/GBP (0.8808)
→ Strong buy on all timeframes.
→ Even amid euro weakness, the pound’s underperformance stands out.

---

💴 Cross-Yen: Broad Correction Toward Yen Strength

EUR/JPY, GBP/JPY, CAD/JPY, AUD/JPY, NZD/JPY
→ All showing strong short-term selling.
→ Reflects partial position unwinds and yen short covering amid dollar consolidation.
→ However, most daily charts remain bullish or neutral,
 indicating the long-term yen-weak trend is not yet broken.

---

💰 Gold (XAU/USD): Ongoing Correction — $4,000 Level in Focus

XAU/USD (US$3,988)
→ Strong short-term selling persists.
→ Rising U.S. yields strengthen the dollar and cap gold’s upside.
→ A break below $4,000 opens the next support near $3,960.

---

🪙 BTC/USD: Risk-Off Selling Accelerates — Breaks Psychological Support

BTC/USD (US$103,930)
→ Strong sell across all timeframes.
→ Capital continues to rotate out of crypto into dollar assets.
→ Key support now seen at $102,000–$100,000.

---

💎 Trend Strength Ranking

---

⚠️ Weak / Caution Pairs

---

🧭 Market Summary

FX markets feature the “Triple Theme”:
Strong Dollar — Weak Europe — Temporary Yen Rebound.

With the Fed’s hawkish tone intact, USD buying remains unstoppable,
while ECB, BOE, and RBA dovish pivots highlight the policy divergence.

💬 Market Dynamics: A global wave of capital rotation back into USD assets.
Major currencies remain pressured under dollar dominance,
while yen strength in crosses appears limited and corrective.
Gold and BTC continue to struggle under a strong-dollar regime.

---

📌 Trade Strategy Summary