Fundamental

EUR/USD remains under pressure heading into November, as Fed uncertainty, choppy trading, and weak sentiment continue to weigh on upside potential.

USD/ZAR remains near monthly lows as the South African rand sustains strength, with traders eyeing a choppy but potentially bearish trend in November.

Bitcoin remains range-bound near $113K as traders eye a breakout; lackluster volume hints at consolidation, but volatility could return swiftly.

USD/INR is likely to remain range-bound in November 2025, with sentiment driven by US-India trade dynamics and Reserve Bank of India intervention.

The S&P 500 remains in a strong uptrend into November 2025, with bullish momentum fueled by Fed rate cut expectations and continued global equity inflows.

Following Wednesday’s sharp decline, EUR/USD failed to shake off the bearish pressure on Thursday and dropped to its weakest level in more than two weeks, below 1.1550. Early Friday, the pair stays in a consolidation phase but the technical outlook suggests that the bearish bias remains unchanged.