Crude Oil Forecast: Continues to Fade Rallies – 10 November 2025
Crude oil remains under pressure as rallies toward $60–$62 face resistance, with abundant global supply and economic uncertainty keeping bulls cautious.

Crude oil remains under pressure as rallies toward $60–$62 face resistance, with abundant global supply and economic uncertainty keeping bulls cautious.
Bitcoin is looking stronger as risk sentiment improves, breaking above $104,500 and threatening a new bullish breakout beyond $106,403.
The Nasdaq 100 remains in a broader uptrend despite weakness near 25,000, with traders watching for a bullish bounce to reenter long positions.
AUD/USD trades near key support at 0.6500, with technicals pointing to a potential breakdown toward 0.6400 as bearish momentum builds.
GBP/USD is staging a short-term rebound but a break-and-retest of the 1.3141 neckline suggests further downside toward 1.3015 amid bearish technical signals.
EUR/USD is showing signs of a fading rebound after hitting 1.1567, with technicals and Fed-ECB divergence pointing toward a likely return to 1.1260 support.