EUR/USD – H4 – Falling Wedge Breakout Pattern
🧠 Setup OverviewEUR/USD is forming a well-defined falling wedge pattern on the 4-hour (H4) timeframe following a prolonged bearish move.
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🧠 Setup OverviewEUR/USD is forming a well-defined falling wedge pattern on the 4-hour (H4) timeframe following a prolonged bearish move.

US dollar price forecast: DXY trades near 101.74 as Americans vote. EUR/USD faces resistance at 1.1223, while GBP/USD tests 1.3435 ahead of the BoE decision.

Oil plunges on Trump diplomacy reports; tech slide puts Nasdaq in correction, and the RBA is gearing up for its fifth hike.

The Reserve Bank of Australia's decision was in line with expectations from economists polled by Reuters, and marked its fifth rate increase this year.

International markets opened in November, balancing a bit of relief from cheaper oil against evidence that inflation risks still remain persistent.

The American currency is losing ground as demand for safe-haven assets declines.

The S&P 500 and DAX retain a cautious bullish bias, while EUR/USD faces resistance near 1.1250 and USD/JPY traders weigh carry-trade opportunities against Bank of Japan tightening risks.

US dollar price forecast: DXY holds 101.54 ahead of Tuesdays midterms, while EUR/USD eyes resistance at 1.1215 and GBP/USD tests the path toward 1.3434.

The Feds December hike is only about 63% priced in, the AI trade just took a hit, and the Midterms land alongside payrolls.

The 2027 budget will rise 12.8% to 820.9 trillion won, and will include a 21.3 trillion won investment into semiconductors, physical AI and AI data centers.

The American currency is moving higher ahead of the weekend.

EUR/USD faces downside risk toward 1.10, USD/JPY remains range-bound, AUD/USD watches 0.70 support, and copper approaches a potential buying zone near $6.40.

US dollar price forecast: AI jitters weigh on yields as DXY eyes 101.54 support, EUR/USD faces 1.1215 resistance and GBP/USD tests the 1.3419 zone.

Tech sells off on Alphabets slump while central banks lean hawkish.

Shares in Intel have continued to fall while the tech-heavy Nasdaq opens at its lowest level in more than two months.

The American currency continues to move lower after yesterdays Fed decision.

Markets saw the decision as a hawkish pause and were last pricing in a 67% chance of a December rate hike.

The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.

USD/CAD, EUR/USD, GBP/USD and AUD/USD approach key technical levels as central bank decisions and inflation data shape potential trading opportunities.

The new chairman made clear he leans toward higher interest rates, but left himself options depending on how the data comes in.