The Analytical Overview of the Main Currency Pairs on 2025.11.21

The EUR/USD currency pair

Technical indicators of the currency pair:

• Prev. Open: 1.1536
• Prev. Close: 1.1527
• % chg. over the last day: -0.08 %

According to the data, in September the US economy created 119,000 jobs, a recovery after the revised decline of 4,000 in August and well above projections of 50,000. Meanwhile, the unemployment rate rose to 4.4%, the highest since October 2021 and above expectations of 4.3%. Wage growth was 3.8%, only slightly above consensus. The Bureau of Labor Statistics (BLS) confirmed it will not publish the regular October report, as household survey data cannot be collected retroactively. October figures will be integrated into the delayed November report.

Trading recommendations

• Support levels: 1.1523, 1.1502
• Resistance levels: 1.1541, 1.1563

After Wednesday’s drop and rebound from support at 1.1502, a flat accumulation began forming. The upper boundary of this range is resistance at 1.1541. A breakout of this level on impulse will open the path to 1.1563 and higher, creating intraday buying opportunities. Until the level is broken, assess bearish reaction for short trades down to 1.1523.

Alternative scenario:

• Trend: Down
• Support: 1.1523
• Resistance: 1.1541
• Note: assess price reaction at 1.1541. A breakout will open the way to 1.1563.

The GBP/USD currency pair

Technical indicators of the currency pair:

• Prev. Open: 1.3056
• Prev. Close: 1.3071
• % chg. over the last day: +0.11 %

The latest Confederation of British Industry (CBI) survey showed that the total order balance in the UK rose to 37 in November 2025 from 38 in October, but remained well below both market expectations (-30) and the long‑term average (-14). Results indicate demand remains historically weak. Meanwhile, production volumes for the three months to November continued to fall at an accelerated pace, marking the steepest decline since August 2020. The downturn is expected to persist with similar intensity through February.

Trading recommendations

• Support levels: 1.3065, 1.3030
• Resistance levels: 1.3123, 1.3136, 1.3185

Technically, the pound looks flat. Price is again forming a balanced environment, but medium‑term pressure remains with sellers. Short trades can be considered from resistance at 1.3123, but with confirmation. For buying, wait for a decline to support at 1.3065.

Alternative scenario:

• Trend: Down
• Support: 1.3014
• Resistance: 1.3123
• Note: price is in the middle of the flat accumulation.

The USD/JPY currency pair

Technical indicators of the currency pair:

• Prev. Open: 157.11
• Prev. Close: 157.42
• % chg. over the last day: +0.20 %

On Friday, the yen stabilized around 157 per dollar, halting its recent decline after Finance Minister Satsuki Katayama stated readiness to intervene to curb excessive volatility and speculative moves in the FX market. Traders now believe authorities may intervene again if the rate approaches 160 per dollar, consistent with previous intervention points. The currency remains under pressure amid expectations of a new stimulus package. From statistics: core inflation in October accelerated to a three‑month high, and exports beat the projections, signaling resilience in certain sectors of the economy.

Trading recommendations

• Support levels: 157.11, 156.47, 155.73, 155.00
• Resistance levels: 157.87

The yen reached resistance at 157.87, where early signs of profit‑taking appeared. Price is correcting, but not yet reversing. For buying, consider support at 157.11, but with confirmation. Consolidation below 157.11 could trigger selling and a deeper correction.

Alternative scenario:

• Trend: Up
• Support: 157.11
• Resistance: 157.87
• Note: for buying, consider support at 157.11, but with confirmation.

 

The XAU/USD currency pair (gold)

Technical indicators of the currency pair:

• Prev. Open: 4076
• Prev. Close: 4077
• % chg. over the last day: +0.02%

On Friday, gold prices held around $4,060 per ounce after briefly dipping into negative territory. Pressure came from the stronger‑than‑expected US employment report, the first major release since the end of the government shutdown, which reinforced expectations that the Fed will keep rates unchanged at the December meeting.

Trading recommendations

• Support levels: 4052, 4007, 3966
• Resistance levels: 4104, 4148, 4210, 4246, 4379

Support at 4052 did not hold against sellers, and the price impulsively consolidated below. The path to 4007 is now open. Short trades can be considered from the broken 4052 level, but with confirmation. No optimal entry points for buying at present.

Alternative scenario:

• Trend: Neutral
• Support: 4007
• Resistance: 4052
• Note: look for short deals from 4052, but with confirmation.