Market Overview

The US Dollar holds firm across London session as traders position ahead of key U.S. macro data later this week. Risk sentiment remains mixed, keeping major FX pairs inside structured ranges. Volatility is expected to increase into New York.

Live Forex News Today — EUR/USD, GBP/USD, USD/CHF & USD/JPY 4th Nov 2025(Opens in a new browser tab)

Live Forex News Today — EUR/USD, GBP/USD, USD/CHF & USD/JPY(Opens in a new browser tab)

Live Forex News Forecast — Week of Nov 3–7, 2025(Opens in a new browser tab)

Live Forex News Forecast — Week of Nov 3–7, 2025(Opens in a new browser tab)

Live Forex News Today — EUR/USD, GBP/USD, USD/CHF & USD/JPY 5th Nov 2025(Opens in a new browser tab)

EUR/USD — Pressured Below Resistance

Sentiment: Bearish-to-neutral

• Resistance: Prior London high zone
• Pivot: VWAP / mid-range
• Support: Yesterday’s low sweep

EUR/USD continues to struggle at overhead resistance zones as the Dollar extends strength. Liquidity sweeps are common during early London hours, with NY expected to determine trend direction.

GBP/USD — Heavy While Below Pivot

Sentiment: Bearish

• Resistance: Former breakdown level
• Pivot: London VWAP
• Support: 1D low liquidity pocket

Sterling remains under pressure as UK sentiment lags behind Eurozone momentum. Breaks below support have been attracting sellers quickly. Watch for fakeouts toward the pivot line.

USD/CHF — Dollar Strength Extends

Sentiment: Bullish

• Resistance: Multi-day high zone
• Pivot: VWAP
• Support: Prior higher-low structure

USD/CHF continues to track Dollar momentum with buyers defending pullbacks. A clean break above resistance opens space for continuation into NY session.

USD/JPY — Bullish While Above Higher Low Structure

Sentiment: Bullish

• Resistance: Psychological round levels
• Pivot: Intraday VWAP
• Support: Higher-low demand shelf

USD/JPY stays elevated as yield spreads support USD buying. Any wicks below intraday support may serve as liquidity grabs before continuation.

Session Timeline (GMT)

Trading Playbook

• Break & Hold: Break above resistance → shallow retest → continuation.
• Failed Break: Wick above level → reclaim → fade back into mid.
• Liquidity Sweep: Stop hunt → immediate reclaim → target opposite range.

Risk Notes

• Use fixed-risk position sizing.
• Avoid chasing candles during high-impact data.
• Trail stops after TP1 to secure partial profits.
• Respect session-based volatility shifts.