This article is a rewritten and expanded version of “Forex Pairs in Focus (09th to 14th November 2025)” originally published by DailyForex. Credit goes to the original author for the initial analysis and structure.
Forex Pairs in Focus: Analysis and Key Trends for November 9–14, 2025
As the global foreign exchange market braces for another eventful week, a variety of macroeconomic factors and price charts paint a compelling picture of the direction that major currency pairs might take from November 9 to 14, 2025. Key events, such as inflation data, central bank tone, macro indicators, and geopolitical developments, all converge to influence the momentum of key forex pairs. Below is an in-depth technical and fundamental analysis of the major currency pairs shaping the market this week.
Global Overview of the Forex Market
Investors and traders continue to weigh in the likelihood of shifting monetary policies amid a complex inflationary environment, particularly in the United States and Europe. Recent improvement in U.S. economic indicators has provided support to the dollar, but uncertainty around inflation trends, labor market health, and fiscal policy keeps volatility high.
Meanwhile, the euro faces mixed data: although strong manufacturing data buoyed sentiment somewhat, inflationary pressure in the Eurozone remains a concern, putting the ECB under scrutiny. In Asia, the yen has seen renewed attention due to the Bank of Japan’s policy stance and concerns about slowing domestic consumption.
Let’s explore the technical setup and fundamental backdrop for the major currency pairs this week.
EUR/USD: At a Critical Resistance Zone
The EUR/USD remains one of the most-watched currency pairs, especially during periods of U.S. dollar strength. Over the past two weeks, the pair has moved higher following a temporary weakness in the dollar.
Key Factors:
– The pair climbed from a low of around 1.0600 to close near the 1.0750 level on November 8, indicating short-term bullish momentum.
– However, price action has stalled near the 1.0750 to 1.0800 resistance zone, which coincides with the 50-day moving average and a descending trendline from late September.
Technical Outlook:
– On the daily chart, momentum indicators such as RSI (Relative Strength Index) are nearing overbought levels, while MACD (Moving Average Convergence Divergence) suggests a slowdown in upward momentum.
– A breakout above 1.0800 could pave the way toward the 1.0930 level, the next key resistance. However, failure to break above 1.0800 would likely lead to a pullback toward the support at 1.0650.
Fundamental Outlook:
– European Central Bank officials remain cautious regarding inflation, and traders are awaiting inflation data from major EU countries for fresh guidance.
– U.S. CPI data, scheduled to be released mid-week, will be a major catalyst for this pair. A better-than-expected reading would boost USD and pressure the EUR/USD lower.
GBP/USD: Sterling in Testing Terrain
The British pound has shown resilience supported by stronger-than-expected GDP figures and steady consumer spending. However, technical pressures and dollar strength weigh on GBP/USD.
Key Factors:
– The GBP/USD has been forming a bullish flag pattern, with key resistance found at the 1.2450 zone.
– The pair broke above the 50-day moving average, suggesting short-term bullish sentiment could continue.
Technical Outlook:
– Immediate resistance lies at the 1.2450 level and then at 1.2550.
– A strong support zone is forming around 1.2280 to 1.2300.
– Momentum indicators are supportive of upside movement, although the RSI is at 68, close to overbought.
Fundamental Outlook:
– Focus is on UK employment and wage growth data due this week. A hotter-than-expected wage report could cause speculation that the Bank of England may keep interest rates unchanged for longer
Read more on USD/CAD trading.