| The EURUSD and the GBPUSD are pushing to the upside. What next for each of the 3 major pairs technically |
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AUDUSD Technicals: The AUDUSD risk-off trade is not working today.
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The AUDUSD price action is diverging from the risk-off/risk-on flows from earlier this week
USDCAD Technicals: Sellers come up short of target on the corrective move lower.
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The price of the USDCAD is up 6 consecutive days. The price is now unchanged after selling momentum stalls ahead of targeted levels.
The BOE announced a dovish unchanged (5-4 vote to cut). The USD is lower vs. the majors.
2025-11-06
The BOE voted to keep rated unchanged but only by a 5-4 votes (with dissenters voting to cut). The GBPUSD is still higher but off highs. The EURUSD is higher (lower USD) and the USDJPY is lower with each moving through technical levels tilting the bias in the dollar selling direction.
The USD is little changed to start the NA session. What technical levels are in play?
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The EURUSD is only in a 20 pip range. That will change. The USDJPY sellers had their shot below the 200 hour MA. They missed. The GBPUSD could not extend to better support targets, nor get below the 1.3000 level.
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