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Forex Market Snapshot: USD down
The dollar is softer across the board to start the week with no clear catalyst (other than a bounce in US stocks and soifter oil) after failing to follow through on Friday’s firmer close. The New Zealand dollar leads the move, up 1.14% against the greenback, with the Australian dollar next at 0.52%.
BTCUSD DAILY: Watch 75K
Lower highs (blue lines) keep momentum pointed down, but buyers have stepped in just below 75,000 again.
Support — 75,400 and 75,000 come first. A decisive break below 74,732 opens a large gap to 62,180.
Resistance — Above 76,250 eases pressure, with 80,000 next. Clearing 81,214–81,864 breaks the daily pattern of lower highs.
Newsquawk Week ahead in Focus – 9-13th November 2026: Highlights include US CPI, China inflation, UK GDP, BoJ SOO and NZ elections
Why Online Trading Is Nothing Like a Video Game
Online trading may look a lot like playing a video game. Flashing screens, rapidly changing prices, red and green bars, and the instant gratification of seeing a trade move in your favor can make the experience feel more like entertainment than financial decision-making.
But make no mistake: trading is not a video game, and treating it like one can be an expensive mistake….
Stop-Loss Placement: Why Your Stop Matters More Than Your Entry
Let me start with a statement that may change the way you look at trading: Where you place your stop is more important than where you enter a trade. Understand this concept and your approach to finding trades may change.
…US500 vs. NAS100 (4 HOUR CFDs)
What both have in common are large wicks at the lows and higher lows. In addition, both are currently pivoting round numbers at 7400 and 27000 (more important).
While closes above these levels would be encouraging, it is a long way to turning the focus the other way (e.g. 7505+ and 28000-28336+)
US500 (SP500) 4 HOUR (CFD): Encouraging sign?
The pause just above key daily support (cited here yesterday) at 7292 plus a higher low (2 red lines) are encouraging signs but it would take a move above 7505 to negate the breakdown and raise talk the low is in.
Otherwise, it is either consolidation or retracement as long as the low stays at 7295..
NAS100 (NASDAQ) 4 HGOUR (CFD): Still too early to call a low
While It is too early to say the low is in, downside risk will cool off if it can stay above 27K.
To change the picture, 28K, the 4 hour trendline and 28336 would need to be taken out.
Otherwise, it is consolidation or retracement unless the low is taken out.
USDCAD 4 HOUR: Reversal of fortune
With momentum already turning up pre-jobs data, contrasting reports (US beat, CDA misses) has seen USDCAD extend its high. If 1.4113 is firmly taken out, then 1.4200 comes on the radar. If not, keeps a bid as long as former resistance at 1.3068-82 holds as support.
