{"id":109721,"date":"2025-11-02T05:48:13","date_gmt":"2025-11-02T05:48:13","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=109721"},"modified":"2025-11-02T05:48:13","modified_gmt":"2025-11-02T05:48:13","slug":"forex-and-cryptocurrency-forecast-for-november-03-07-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=109721","title":{"rendered":"Forex and Cryptocurrency Forecast for November 03\u201307, 2025"},"content":{"rendered":"

General Outlook of the Past and Coming Week<\/strong>
Financial markets closed October in a mixed mood. The Federal Reserve\u2019s 25-basis-point rate cut on October 29 helped calm bond yields but failed to spark a strong risk rally as Chair Powell maintained a data-dependent tone. The US dollar weakened slightly on softer inflation expectations, while the euro held ground after ECB officials signalled rates will stay unchanged through winter. In the UK, the focus is now on Thursday\u2019s Bank of England decision, where markets see roughly even odds of another 25-bp cut from the current 4.00%. In the US, Friday\u2019s Non-Farm Payrolls will test whether the labour market slowdown continues. Commodity markets remain cautious: Brent is consolidating near $64\u201365 per barrel, gold stays above $3 950 per ounce, and bitcoin is steady around $110 000. We expect sideways trading early in the week and stronger volatility around Thursday\u2013Friday\u2019s central-bank and employment data.<\/p>\n

EUR\/USD <\/strong>
The euro\/dollar (EUR\/USD) pair ended last week near 1.1536<\/strong>. Moving averages continue to show a modest bullish slope, yet price action remains trapped between the signal lines, reflecting hesitation among buyers. For the coming week we expect an attempt to push higher toward 1.1655<\/strong>, where resistance is likely to emerge. A rebound from that zone could lead to renewed decline toward 1.1075<\/strong>. Additional bearish signals would include an RSI rejection at its descending resistance line and a price rebound from the resistance region on the chart. A confident move above 1.2045<\/strong> would cancel the downside scenario and open the way to 1.2325<\/strong>, while a break below 1.1365<\/strong> would confirm bearish continuation.
Forecast summary:<\/strong> EUR\/USD for November 3\u20137 suggests a short-term rise toward ~1.1655 followed by a possible pullback toward ~1.1075. The bullish view becomes valid only above 1.2045; a fall under 1.1365 would strengthen the downside\u00a0outlook.<\/p>\n

Bitcoin <\/strong>
Bitcoin (BTC\/USD) finished the week near $110 133<\/strong> and continues to trade inside a broad bullish channel. Moving averages remain directed upward, and the price again tests the mid-channel zone, indicating sustained buying pressure. This week we expect an initial dip toward $102 505<\/strong>, followed by a rebound and potential growth toward $135 865<\/strong>. A rebound from the lower boundary of the channel and an RSI support-line bounce would reinforce the bullish case. A drop below $92 205<\/strong> would cancel this scenario and point to further decline toward $75 605<\/strong>. Conversely, a breakout and close above $126 505<\/strong> would confirm renewed upside momentum.
Forecast summary:<\/strong> BTC\/USD for November 3\u20137 implies a test of ~$102 505 support followed by an advance toward ~$135 865. A fall below ~$92 205 would negate the bullish\u00a0outlook.<\/p>\n

Brent <\/strong>
Brent crude oil closed the week around $63.96<\/strong> per barrel. Moving averages signal a bearish trend, and prices remain below the signal lines, showing ongoing pressure from sellers. We expect a test of support near $63.35<\/strong> early in the week. If that level holds, a rebound toward $70.85\u2013$76.05<\/strong> is possible. A clear break below $58.05<\/strong> would cancel the upside attempt and indicate continued decline toward $52.05<\/strong>.
Forecast summary:<\/strong> Brent for November 3\u20137 points to consolidation near $63\u201364 with scope for a rebound toward ~$76 if support holds. A drop below ~$58 would shift focus to\u00a0~$52.<\/p>\n

Gold <\/strong>
Gold (XAU\/USD) is trading around $3 997<\/strong> and continues to move inside a bullish channel. Moving averages indicate an uptrend, and the price has stabilised above the zone between the signal lines, reflecting buying pressure and potential continuation of growth. We expect a short-term correction toward $3 905<\/strong>, followed by a rebound and another advance toward $4 565<\/strong>. A rebound from the RSI trend line or the channel\u2019s lower boundary would support the bullish scenario. A drop below $3 545<\/strong> would invalidate it and open the way to $2 835<\/strong>. A breakout above $4 165<\/strong> would confirm further upside momentum.
Forecast summary:<\/strong> XAU\/USD for November 3\u20137 suggests a brief correction toward ~$3 905 followed by growth toward ~$4 565. A fall below ~$3 545 would cancel the bullish scenario.<\/p>\n

Conclusion<\/strong>
The first week of November is likely to remain dominated by macro headlines. The dollar\u2019s direction will hinge on Friday\u2019s NFP results, while the euro may test resistance before turning lower. Gold should stay supported on dips, Brent appears capped while under $71, and bitcoin remains constructive above $102 000. Caution and position management remain essential as volatility rises late in the\u00a0week.<\/p>\n

NordFX Analytical Group<\/strong><\/p>\n

Disclaimer: These materials are not an investment recommendation or a guide for working on financial markets and are for informational purposes only. Trading on financial markets is risky and can lead to a complete loss of deposited funds.<\/em><\/p>\n

Forex and Cryptocurrency Forecast for November 03\u201307, 2025<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"

General Outlook of the Past and Coming Week Financial markets closed October in a mixed mood. The Federal Reserve\u2019s 25-basis-point rate cut on October 29 helped calm bond yields but failed to spark a strong risk rally as Chair Powell maintained a data-dependent tone. The US dollar weakened slightly on softer inflation expectations, while the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-109721","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/109721"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=109721"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/109721\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=109721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=109721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=109721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}