EUR/USD

EUR/USD Faces Downside Pressure as US Dollar Strength Persists: Critical Levels to Watch Before November Close

EUR/USD fell last week amid a stronger US dollar and growing concerns about Eurozone growth and inflation. Technicals show support near 1.0930 and 1.0885; a break below could deepen losses. Resistance lies at 1.1000 and 1.1040, with bearish momentum evident as the pair struggles to hold above key moving averages. RSI near 50 suggests indecision while MACD hints at possible downside continuation. Traders should watch these levels closely for clues on the next directional move. Analysis adapted from Mahmoud Abdallah, DailyForex.com.

AUD/USD

**NZD/USD Navigates Higher: Technical Breakout, Fed’s Moves, and Market Outlook**

NZD/USD shows signs of resuming gains as bullish technical signals emerge near key support around 0.6100. A hawkish RBNZ stance versus the Fed and positive risk sentiment underpin upside potential. Watch resistance at 0.6180–0.6220—breaking above could confirm a stronger rally. Detailed outlook and key levels in the latest analysis by Economies.com and additional market insights. #Forex #NZDUSD #FXAnalysis

USD/CAD

US Dollar Near Recent Lows as Traders Anticipate Fed Move Amid Mixed Data

The US dollar remains near recent lows as markets await the Federal Reserve’s June policy decision and key economic data. Soft employment figures and rising unemployment have increased bets on possible rate cuts later this year, keeping Treasury yields and the dollar under pressure. Investors watch closely for Fed signals and economic updates this week.

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