Support Levels for EUR/USD Today: 1.1520 – 1.1460 – 1.1390
Resistance Levels for EUR/USD Today: 1.1610 – 1.1690 – 1.1770
EUR/USD Trading Signals:
Buy EUR/USD from the support level of 1.1480 with a target of 1.1700 and a stop-loss at 1.1400.
Sell EUR/USD from the resistance level of 1.1700 with a target of 1.1500 and a stop-loss at 1.1780.
Technical Analysis of EUR/USD Today:
The ongoing US government shutdown and the divergent market expectations for the future policies of the US Federal Reserve continue to heavily influence the trajectory of the US Dollar against other major currencies, as well as the rest of the global financial markets. The US government shutdown is preventing the release of US jobs figures, which are the most important economic data affecting market expectations for the future of Federal Reserve policy. In addition to that report, US inflation readings are due to be announced this week.
Prior to that, the EUR/USD pair attempted to recover from its three-month lows when it plunged to the 1.1468 support level last week, but the cautious upward rebound gains did not exceed the 1.1592 resistance level before closing the week stabilized around the 1.1560 level.
Will the EUR/USD pair fall to the 1.1400 support level?
According to Forex currency trading experts’ forecasts, the bearish outlook for the EUR/USD pair was confirmed by its stabilization below the 1.1600 support. As I mentioned before, this opens the door for further downward pressure on the currency pair, which has happened. The continuation of the bearish outlook does not rule out a drop to the 1.1400 support level, especially since the technical indicators, which have turned bearish, have room to move downward before reaching the oversold zone. Currently, the 14-day Relative Strength Index (RSI) is around a reading of 44, below the neutral line, and at the same time, the MACD indicator lines are steadily leaning downward.
Conversely, on the same timeframe, the daily chart indicates a strong bullish scenario for the EUR/USD pair, requiring a move towards the psychological resistance level of 1.1800. Today’s EUR/USD trading is not focused on any major US economic releases; the only anticipated indicator is the Sentix Eurozone Consumer Confidence Index, due at 11:30 AM Cairo time.
Trading Tips:
The EUR/USD gains will remain vulnerable to rapid collapse until investor confidence returns to the market, which could happen with the end of the US government shutdown.
The future of US central bank policy is becoming increasingly uncertain.
The prospects for US monetary policy remained ambiguous following the recent wave of statements from Federal Reserve officials. Divisions among Fed policymakers persisted in the wake of last Wednesday’s US interest rate cut, raising doubts about their ability to agree on another cut at their anticipated meeting on December 9-10. While some officials openly supported further monetary easing, others expressed reluctance, if not opposition, to cutting US interest rates again next month.
In short, the overall tone of official statements on Thursday and earlier this week reinforced Federal Reserve Chair Jerome Powell’s assertion that a December US interest rate cut is “not a given.”
John Williams, President of the New York Fed, one of Powell’s most prominent aides as Vice Chair of the policy-making FOMC, had been supportive of policy easing in recent weeks to address labor market weakness, but last Thursday he limited his comments to saying the bank must adhere to its 2% inflation target and strive for “price stability.”
Meanwhile, Austin Goolsbee, president of the Federal Reserve Bank of Chicago, who voted for rate cuts in September and October, appeared less insistent on another rate cut on Thursday, particularly given the lack of economic data from the closed federal government. He saw “stabilization” in the labor market and expressed deep concern about inflation in the absence of statistics. Meanwhile, Beth Hammack, president of the Federal Reserve Bank of Cleveland, who will join the Federal Open Market Committee (FOMC) voting line next year, was more vocal in her opposition to another near-term rate cut, arguing that inflation is a greater concern than the struggling labor market and emphasizing the need for monetary policy to remain “in a fairly restrictive position to achieve the right balance of our objectives.”
Overall, for the second consecutive meeting, the FOMC lowered the US interest rate by 25 basis points on October 29 to a target range of 3.75% to 4.0%. However, in an unusually split decision, Federal Reserve Governor Stephen Miran opposed a 50-basis point cut, while Kansas City Fed President Jeffrey Schmid opposed the decision, favoring keeping rates unchanged.
In addition to this easing move, the FOMC moved faster than many expected to halt “quantitative tightening” by the end of this month. The FOMC had cut the interest rate by the same amount on September 17 to a target range of 4.0% to 4.25%. In its revised Summary of Economic Projections, published in September, FOMC participants anticipated another 25 basis points of monetary easing at the Committee’s final meeting in 2025.
Despite 25 basis points remaining in the September “dot plot,” Powell stressed in his October 29 press conference that a rate cut on December 9-10 “is not a foregone conclusion, far from it.” He noted “sharp differences in views on how to proceed in December.” He added that the FOMC has cut the federal funds rate by 150 basis points since it began easing monetary policy in September 2024, making policy now “150 basis points closer to neutral.” He added that this prompts some officials to “pause” and “wait” before easing policy further, while others wish to “move forward” with more easing.
Powell said the FOMC “will resume monetary easing at some point,” but added that it is trying to deal with a “difficult” and “complex” situation that requires “balancing” the two-sided risks—either in favor of inflation or in favor of jobs. In this climate, he said it is appropriate to be “cautious.” He added that if there is a “high degree of uncertainty” on December 10, “that might justify caution about moving.”
Iron deficiency is globally widespread. Women are particularly affected, with one in five in Europe suffering from iron deficiency. The consequences are anemia, constant fatigue, chronic headaches and a weakened immune system. Researchers led by ETH professor Raffaele Mezzenga have now developed a new dietary supplement that could efficiently treat iron deficiency and anemia. This development is being co-led by Michael B. Zimmermann, professor emeritus at ETH Zurich. The preparation consists of edible oat protein nanofibrils coated with iron nanoparticles. The corresponding study has just been published in the journal Nature Food.
The new iron compound is not only easy to produce but also extremely effective: the iron it contains is absorbed by the body almost twice as well as iron administered from iron sulphate – the currently most widely used standard for iron supplementation. This is shown by a rigorous clinical study conducted by Mezzenga’s project partners in Thailand. They administered the compound to 52 women aged 18 to 45 who were suffering from anemia due to iron deficiency.
Vegans and vegetarians could benefit
The novel preparation has several advantages. Being based on plant proteins means that it is suitable for vegetarians and vegans. “This is important because they are more likely to suffer from iron deficiency than meat-eaters: the body absorbs iron from animal foods better than iron from plant-based foods,” says ETH professor Mezzenga.
The new compound has further advantages: it is tasteless and colourless, meaning it does not substantially alter a food’s taste or appearance. Iron sulphate, in contrast, gives food a metallic aftertaste.
“Sensory properties play a major role in consumer acceptance of food additives,” says Jiangtao Zhou, the first author of the study and Mezzenga’s former postdoctoral researcher and currently an assistant professor at the National University of Singapore. The oat protein iron supplement is also very easy to take: it can either be dissolved in water or juice, or added to food in powder form – muesli, for instance.
“However, the clinical study shows that the supplement is best absorbed when it is dissolved in water,” says Mezzenga.
Those with an iron deficiency often take iron in the wrong form
Iron occurs naturally in red meat, lentils and whole grains. Premenopausal women have a particularly high iron requirement of 18 milligrams per day. The daily requirement for men is lower, at 11 milligrams. Nevertheless, around 15 percent of men also suffer from iron deficiency. To combat this, people resort to iron supplements that the body is often unable to absorb sufficiently and require iron infusions in the case of severe iron deficiency.
Patented technology and potential for further products
The researchers originally used animal proteins to develop their iron supplement process a few years ago; however, the same patent covers all food protein sources, including those that are plant based. It has by now been granted in Europe and the USA.
Mezzenga and his colleagues now hope that the iron-enriched oat protein fibres will soon be able to be used in a variety of ways. “The hurdles for launching a dietary supplement are lower than those for a pharmacological product,” explains the ETH professor, who aims to further develop the technology to combat other deficiencies, such as zinc and selenium.
Source:
Journal reference:
Zhou, J., et al. (2025). Oat protein nanofibril–iron hybrids offer a stable, high-absorption iron delivery platform for iron fortification. Nature Food. doi: 10.1038/s43016-025-01260-6. https://www.nature.com/articles/s43016-025-01260-6
Ethereum value, ethereum price. Photo by BeInCrypto
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee as Ethereum takes back the headlines with big predictions flying. Some say the next surge is just around the corner, while others caution that hidden assumptions and long timelines could make the hype more complicated than it seems.
Fundstrat’s Tom Lee recently made headlines with a bold forecast that Ethereum (ETH) could reach $60,000 in the near future.
The crypto executive cited the migration of real-world assets (RWA) onto the blockchain as the primary catalyst for this shift.
“The total size of global financial markets is 200 trillion, maybe more. How much of that ends up on blockchains? According to Larry Fink, the idea is to move 100% of this onto the blockchain. So we’re talking trillions of dollars of assets moving onto layer one blockchains,” he stated.
Lee shared his perspective during an interview, framing Ethereum as a potential global financial settlement layer.
According to Lee, Ethereum’s market cap of around $440 billion pales in comparison to the $200–300 trillion in global financial assets, including stocks, bonds, and real estate.
Even a fraction of these assets, Lee suggests, 0.5% to 1%, moving on-chain could, in his view, multiply Ethereum’s network value several times. This, in his opinion, justifies his $60,000 target.
He also highlighted Ethereum’s strong validator network, decade-long uptime, and alignment with Wall Street’s growing interest in tokenization as key tailwinds supporting long-term growth.
However, crypto analyst BitWu critiqued Lee’s forecast, describing it as overly reliant on what he calls a “typical RWA narrative.” The analyst cautioned that Lee’s model rests on two hidden assumptions:
That all real-world assets will settle on Ethereum’s mainnet, and,
That Ethereum’s price will directly reflect settlement volume.
While both assumptions are “reasonable,” BitWu argues, they oversimplify the unique mix of macroeconomic factors, regulatory clarity, and infrastructure maturity that will ultimately determine Ethereum’s trajectory.
“ETH at $60,000 USD is no problem [but not this year]. In about three years, I think it’s possible! Why do I say that? The true breakout point for RWA, I believe may be in 2026-2028, depending on the macroeconomic interest rate cycle + regulatory clarity + maturity of on-chain infrastructure (especially L2 and compliant chains),” BitWu explained.
He emphasized that the RWA trend is less about short-term price spikes and more about Ethereum’s long-term status as a foundational financial infrastructure.
During the interview, Lee also stressed Ethereum’s unique position as a smart contract blockchain, enabling tokenization beyond simple digital dollars.
He highlighted stablecoins as a breakout product this year, allowing fractional payments and finality in transactions. Based on this, the Fundstrat executive suggested that future tokenization could extend to equities, bonds, real estate, and even prediction markets.
While both Lee and BitWu agree on Ethereum’s long-term potential, the divide lies in timing and scale.
On the one hand, Lee frames the opportunity as a mathematical certainty once adoption occurs. On the other hand, BitWu cautions that adoption will be gradual, constrained by regulatory, macroeconomic, and technological realities.
Meanwhile, this is not the first time Tom Lee’s Ethereum prediction is dismantled. A US Crypto News publication in late September saw Andrew Kang challenge Tom Lee’s bullish ETH thesis as “financially illiterate.”
The EURJPY pair affected by stochastic positivity, form bullish waves to retest the barrier at 177.85, to settle below it to keep the chances of activating the bearish corrective track, note that the initial corrective target in the current trading near 177.05 level, by providing negative momentum that might help it to reach near 175.85 support.
While confirming regaining the bullish bias requires forming a new bullish rally, to open the way a new chance to press on the top at 178.70. surpassing it will make it record new gains by its rally towards 179.30 and 180.00.
The expected trading range for today is between 177.00 and 178.15
GBP/USD rebound reflects an unwinding of oversold conditions rather than the start of a sustained uptrend, with gains likely capped near 1.3235.
The pound to dollar exchange rate (GBP/USD) reached its lowest level since April last week at 1.3010, but has since recovered to 1.3170.
The recovery is shallow and lacks the vigour that would normally be associated with a bottoming pattern, leaving us wary of a continuation of the selloff.
This is why we would characterise the current rally as a mean reversion, and not the start of a renewed push higher.
The pair looks to be recovering from the oversold conditions seen at the start of the month, the culmination of the steady selling pressure seen through the course of October.
The RSI – lower panel in the chart – had fallen below 30, which triggers caution and indicates that those oversold conditions must unwind.
Exchange rates tend to mean-revert, and we are seeing that in GBP/USD. The week ahead forecast looks for that to play out a little further, targeting a move to the 21-day exponential moving average at 1.3235.
Above: GBP/USD looks to be eyeing a return to the 21-day EMA (blue line). Note the bounce out of oversold on the RSI in lower panel.
However, while below this EMA the pair is in a downtrend and the relief could attract more sellers, ready to target new multi-month lows.
1.3010 is the new post-April low, and below here is a potential support region; the 50% Fibonacci retracement of the Q1-2025 rally.
How far GBP/USD can travel will depend on Tuesday’s UK labour market data, where the unemployment rate is expected to have fallen to 4.9% in October from 4.8% in September, owing to rising unemployment and inactivity.
A more severe deterioration in the headline employment numbers would trigger a selloff in the pound, undermining our tactical expectation for a short-term recovery.
Also, keep an eye on the wage figures, as this is closely associated with inflation. The figure to beat is 4.6%.
Quarterly GDP is due Thursday, where the consensus looks for a 0.2% increase in Q3. The UK economy has actually been doing OK this quarter, according to the PMI surveys and retail sales data.
This means a beat on expectations can’t be ruled out. If it happens, then GBP/USD can end the week above 1.3235.
Stateside, there will be no official U.S. data owing to the government shutdown, which deprives us of a previously scheduled inflation data release.
This is one of the two marquee economic calendar events in any given month, the other being non-farm payroll data.
Nevertheless, “attention this week will turn to remarks from several Fed officials, which could provide new clues on how the central bank is balancing softening consumer confidence with a fragile labour market,” says Konstantinos Chrysikos, Head of Customer Relationship Management at Kudotrade.
Above: The Fed’s Waller speaks Wednesday.
“Dovish remarks could weigh on both the dollar and yields,” he adds.
Markets see a 65% probability of a December rate cut, which signals ample scope for a repricing in either direction, based on the tone of upcoming commentary and non-official data releases.
The weekend saw some progress towards ending the record-long government shutdown, with Senate Democrats voting through a procedural measure to advance a bill to pass funding.
“It looks like we’re getting closer to the shutdown ending,” President Donald Trump said Sunday.
Senate Majority Leader John Thune said over the weekend that a bipartisan budget framework is taking shape.
There’s no clear timeline for the reopening, which means the Fed’s December policy meeting will happen without official data to assess.
However, sentiment would receive a boost on a reopening of government, setting the scene for a recovery in stocks, which would weigh on the dollar.
Japan must assert its cultural claims to matcha to avoid it being buried in a landslide of Chinese tea powder
By David Fickling / Bloomberg Opinion
If you think it is hard work selling coal to Newcastle or ice to an Inuit, how about selling matcha to Japan?
That is what China is hoping to achieve, as the biggest tea producer spots an opportunity in the worldwide craze for putting Japan’s richly flavored green tea powder into everything from lattes and cookies to cheesecake and KitKats.
Japanese public broadcaster NHK last month visited a factory in China’s Guizhou Province that is producing 2,000 tonnes of matcha a year, almost half of Japan’s annual output. China is already by some measures the bigger grower: About 3,966 tonnes were processed in 2020, accounting for more than half of the tea sold in a market valued at US$4.53 billion.
Illustration: Yusha
With China dominating electric vehicles, smartphones, furniture and solar panels, it might feel inevitable that matcha would go the same way. Still, Japan could do more to defend itself against the onslaught. Adopting the more aggressive techniques used in Europe would be a good place to start.
In terms of mass-market production, the game has surely already been lost. China has 30 times as much farmland as Japan and produces about 50 times more green tea.
Matcha production can be labor-intensive: It has to be grown in the shade, and in Japan is often harvested with handheld machine cutters and processed in small-scale facilities that are struggling to keep up with the explosion in demand.
Judging by current trends, the vast majority of matcha is going to end up in soft-serve ice-cream, chiffon cakes, mochi and macarons. It would be a waste if Japan tried to chase that low-end business, when the opportunities at the top of the market are so much more alluring.
To take advantage, Japan’s tea industry needs to be far more assertive about what makes it special. Geographical indications (GI), the trademark-style laws that prevent Californian wine producers from calling their sparkling cuvees “champagne,” are still a relative novelty there. Europe has been protecting its unique agricultural products for more than a century, with early regulations even turning up in the 1919 Treaty of Versailles that ended World War I. Japan did not pass its first GI law until 2015, and still seems to be of two minds about it.
Kobe beef, the super-expensive, marbled meat farmed exclusively from the Tajima strain of cattle in Hyogo Prefecture northwest of Osaka, was one of the first products to be registered under the rules. Every kilogram exported is tracked by a local marketing association, but it is still common to find locally raised “Kobe beef” and “Kobe-style beef” on the shelves of US supermarkets, because the trademark is not recognized there.
You cannot sign a major trade agreement with the EU without recognizing its GI system, but Japan has progressively lowered its tariffs on US beef imports in the past few years, without winning any concessions on this point. The estate of basketballer Kobe Bryant enjoys better intellectual property protection in the US than the meat he was named after.
Matcha, to be sure, has a fundamental problem here. The term — “ground tea,” as opposed to the infused sencha — just describes a routine processing method, like the “cheddaring” of dairy curds which gives cheddar cheese its un-trademark-able name.
That is not insurmountable: There are numerous local varieties, such as Uji matcha and Fukuoka matcha, that could trade on their reputations, the way Bordeaux wine estates do.
It is not clear that Japan has an appetite for the fight. The EU has nearly 2,000 protected wines and spirits, according to its eAmbrosia register. Japan has designated just two types of tea, both of them sencha.
In Nishio, one of the most renowned matcha growing regions, the local growers’ cooperative got itself removed from the register in 2020, after finding that domestic drinkers were not prepared to pay prices to compensate for the laborious methods required by the geographical indication.
That is a defeatist approach. Matcha is a global craze and need not be limited by local appetites. Champagne is a case in point: It owes its origins as much to English glassblowers, chemists and consumers as to French farmers.
Japan has as much cultural capital now as it has had for decades. The stellar reputation of its food products is not being matched by commensurate efforts to protect and market them to international buyers.
Taking advantage of this is not an easy process, especially as a warming climate alters the unique local conditions that GI designations depend on (a record heat wave is one reason that matcha supplies are struggling to keep up with demand this year). However, in a world that would soon be buried under a drift of Chinese tea powder, it would be necessary. Some of the world’s great fortunes were built on the decades of efforts that turned champagne from a local oddity into a worldwide luxury good. In the matcha game, Japan has to be in it to win it.
David Fickling is a Bloomberg Opinion columnist covering climate change and energy. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. This column reflects the personal views of the author and does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
Bitcoin (BTC) price surged
above $106,000 and gold (XAU) jumped nearly 2% today (Monday), November 10,
2025, as the U.S. Senate voted 60-40 to advance legislation ending the longest
government shutdown in American history. The dual rally reflects dollar
weakness and improved risk sentiment as eight Democratic senators agreed to a
GOP funding deal, marking the 15th attempt by Senate Majority Leader John Thune
to secure bipartisan support.
I am looking in this article for an answer to why
Bitcoin and gold are surging today. I also provide a technical analysis of the
BTC/USDT and XAU/USD charts, based on more than ten years of experience as an
analyst and active retail investor.
The political
resolution triggered sharp improvements across crypto markets.
Ethereum surged over 7% to trade above $3,600, while XRP and Solana both
advanced approximately 6%. Total cryptocurrency market capitalization added
$156 billion in 24 hours, climbing to $3.57 trillion as long positions flooded
back into the market. Bitcoin open interest increased by nearly $700 million,
signaling aggressive position-building by traders anticipating further upside.
Markets
reacted swiftly to the temporal correlation between legislative advancement and
price movements. The Senate vote occurred Sunday, November 9, immediately
sparking the crypto rebound after weeks of suppressed sentiment due to
political gridlock and broader macroeconomic uncertainty. Bitcoin had tumbled
into bear market territory last week, falling over 20% from its October record
high of $126,080. The cryptocurrency remains more than 15% below that peak but
has recovered strongly from recent lows near $100,000.
Crypto prices are up today. Source: CoinMarketCapc.om
Joel
Kruger, crypto strategist at LMAX, noted: “The crypto market enters the
week on a solid footing, with Bitcoin closing last week above its 50-week
moving average and reaffirming the broader uptrend that has defined much of
this year. The mid-week dip we discussed proved to be another buying
opportunity rather than the start of any meaningful correction, with price
support at key technical levels attracting renewed demand across digital
assets.”
Why Gold Price Is Going Up
Today?
Gold prices
rallied nearly 2% on Monday, rebounding almost $80 per ounce to reach $4,085 as
the Senate shutdown vote pressured the U.S. dollar. According to my technical
analysis of the gold chart, XAU/USD is capitalizing on support just below the
$4,000 level, additionally reinforced by the 50-day exponential moving average,
and now has room to appreciate toward the historical highs tested in October
around $4,400 per ounce.
The only
scenario that would contradict this bullish outlook would be a breakdown of
current support, which would open the path to deeper correction toward the
$3,400 level where the 200 EMA also runs.
The dual
rally in both Bitcoin and gold represents a rare market phenomenon
where traditional safe havens and risk assets advance simultaneously. This
reflects the unique dynamics of the shutdown resolution, removing political
uncertainty (boosting risk assets) while simultaneously weakening the dollar
(supporting safe havens).
Why gold is going up today? Source: tradingview.com
Chris
Turner, ING analyst, observed: “Risk assets have been helped over the
weekend by news that a group of moderate Democrat senators are softening their
stance on the US government shutdown. There is still a long way to go here, but
we should know over the next couple of days whether the current compromise bill
has legs.”
FX markets
responded by pushing the risk-sensitive Australian dollar close to 0.5% higher,
while USD/JPY climbed over 154 as the yen served as funding currency for risk
trades. Turner explained: “While some might argue that the end of the
shutdown could be a risk-on, dollar-negative impulse for the FX markets, its
impact may be more mixed.”
The dollar
weakness stems from the shutdown resolution enabling federal spending
to resume, potentially increasing fiscal concerns that traditionally support
gold. Additionally, political stability allows the Federal Reserve to maintain
its dovish trajectory, with December rate cut probability still above 64%.
Lower rates reduce the opportunity cost of holding non-yielding gold while
typically weakening the dollar—a double benefit for precious metals.
According
to my technical analysis, Bitcoin’s price is rising 1.7% on Monday and testing
session highs at $106,670 on Binance exchange, adding to Sunday’s gains and
producing a 4% advance over the past 24 hours. As visible on the chart, price
is bouncing from the lower boundary of the consolidation drawn continuously
since May, coinciding
with psychological support at $100,000 and the 50% Fibonacci retracement.
Currently,
price is stalling at the resistance zone around 106,000-108,000 dollars,
supported by the 38.2% Fibonacci retracement and 200 EMA. From my analysis,
this zone may determine the future direction within the current consolidation
pattern.
If Bitcoin
breaks above the grid of 50 and 200 EMAs and current resistance, it will open
the path to retesting the October all-time high around $126,000. If it fails to
overcome this resistance, risk increases for a move back below $100,000, falling
ultimately to $74,000. The cryptocurrency is currently trading at
$106,403.31, still below its 50-day moving average of $112,050 but showing
strong recovery momentum.
Joel Kruger
emphasized: “Momentum has since spilled over into Ethereum and the broader
altcoin complex, reinforcing the view that the market remains well-anchored
within a strong medium-term bullish structure. This resilience comes against a
macro backdrop that is once again turning supportive.”
What Happens Next?
The Senate
bill now moves to a full floor vote in coming days, followed by House
consideration. Market observers assign high probability to passage, with
prediction market Myriad showing over 90% chance the government closure ends
before November 15—up from 37% just 24 hours earlier.
For Bitcoin,
according to my technical analysis, breaking decisively above the
106,000-108,000 resistance zone would open the path toward retesting October’s
$126,000 all-time high. Failure to overcome this resistance increases the risk
of retreat below $100,000, though most analysts view the technical and
fundamental backdrop as supportive.
Gold faces resistance at historical
highs around $4,400 per ounce. According to my analysis, support is holding at
the critical $4,000 level reinforced by the 50 EMA. Dollar weakness from
resumed government spending and Fed dovishness should provide tailwinds for
further precious metals appreciation.
Turner
cautioned: “If last week’s 100.36 high in DXY is to prove significant, it
should not really be making it back above the 99.90/100.00 area now.” This
suggests dollar downside may be limited, potentially capping gold’s immediate
upside while still supporting the broader bullish trend.
The coming
48 hours in Congress will determine whether the shutdown compromise “has
legs,” with markets positioned for positive resolution but prepared for
continued volatility if the deal falters.
Before you leave, I encourage you to also check my earlier analyses and forecasts on gold and Bitcoin:
Bitcoin and Gold Price
Analysis FAQ
Why is Bitcoin going up
today?
Bitcoin is
surging 4.38% to $106,274 on Monday, November 10, 2025, primarily due to the
U.S. Senate’s 60-40 vote advancing legislation to end the historic 40-day
government shutdown. The cryptocurrency bounced from support at the
psychological $100,000 level after eight Democratic senators agreed to a GOP
funding deal, removing political uncertainty that had weighed on risk assets.
Why is gold rising today?
Gold
rallied nearly 2% on Monday, rebounding almost $80 per ounce to reach $4,085,
as the Senate shutdown vote pressured the U.S. dollar. The precious metal is
benefiting from dollar weakness stemming from expectations that resumed
government spending will increase fiscal concerns, while political stability
allows the Federal Reserve to maintain its dovish trajectory with December rate
cut probability above 64%.
What is Bitcoin price
prediction for November 2025?
Bitcoin
price forecasts for November 2025 vary significantly across analysts. Changelly
predicts Bitcoin could reach $129,042 by November 13, representing a 26% gain
from current levels. CoinCodex forecasts BTC will rise 4.48% to $127,142 by
November 17 if it reaches upper price targets, with technical indicators
currently showing bearish sentiment despite the recent rally.
What is gold price
prediction for 2025-2026?
Major
institutions forecast gold between $4,200-$5,000 per ounce by late 2026. UBS
projects gold reaching $4,200 as the next baseline target, with an upside
scenario of $4,700 by Q1 2026 if geopolitical risks intensify. Goldman Sachs
forecasts $5,055 by Q4 2026, while Bank of America targets $5,000 (averaging
$4,400 for the full year). ING expects more conservative near-term targets of
$4,000 for Q4 2025 and $4,100 for Q1 2026, with further upside through 2026.
How high can Bitcoin go?
Industry
experts project Bitcoin could reach $180,000-$200,000 during 2025, according to
forecasts compiled by CNBC. Youwei Yang, chief economist at Bit Mining,
predicts Bitcoin’s price will range between $180,000 and $190,000 in 2025,
though he warns of potential corrections to around $80,000 during market
shocks.
What are the risks to
Bitcoin and gold rallies?
For
Bitcoin, primary risks include failure to break above the $106,000-$108,000
resistance zone (which would increase probability of retreat below $100,000),
Federal Reserve speakers signaling slower pace of rate cuts (December cut
probability has dropped to 64%), and potential for corrections to $80,000
during major market shocks according to analyst warnings.
Bitcoin (BTC) price surged
above $106,000 and gold (XAU) jumped nearly 2% today (Monday), November 10,
2025, as the U.S. Senate voted 60-40 to advance legislation ending the longest
government shutdown in American history. The dual rally reflects dollar
weakness and improved risk sentiment as eight Democratic senators agreed to a
GOP funding deal, marking the 15th attempt by Senate Majority Leader John Thune
to secure bipartisan support.
I am looking in this article for an answer to why
Bitcoin and gold are surging today. I also provide a technical analysis of the
BTC/USDT and XAU/USD charts, based on more than ten years of experience as an
analyst and active retail investor.
The political
resolution triggered sharp improvements across crypto markets.
Ethereum surged over 7% to trade above $3,600, while XRP and Solana both
advanced approximately 6%. Total cryptocurrency market capitalization added
$156 billion in 24 hours, climbing to $3.57 trillion as long positions flooded
back into the market. Bitcoin open interest increased by nearly $700 million,
signaling aggressive position-building by traders anticipating further upside.
Markets
reacted swiftly to the temporal correlation between legislative advancement and
price movements. The Senate vote occurred Sunday, November 9, immediately
sparking the crypto rebound after weeks of suppressed sentiment due to
political gridlock and broader macroeconomic uncertainty. Bitcoin had tumbled
into bear market territory last week, falling over 20% from its October record
high of $126,080. The cryptocurrency remains more than 15% below that peak but
has recovered strongly from recent lows near $100,000.
Crypto prices are up today. Source: CoinMarketCapc.om
Joel
Kruger, crypto strategist at LMAX, noted: “The crypto market enters the
week on a solid footing, with Bitcoin closing last week above its 50-week
moving average and reaffirming the broader uptrend that has defined much of
this year. The mid-week dip we discussed proved to be another buying
opportunity rather than the start of any meaningful correction, with price
support at key technical levels attracting renewed demand across digital
assets.”
Why Gold Price Is Going Up
Today?
Gold prices
rallied nearly 2% on Monday, rebounding almost $80 per ounce to reach $4,085 as
the Senate shutdown vote pressured the U.S. dollar. According to my technical
analysis of the gold chart, XAU/USD is capitalizing on support just below the
$4,000 level, additionally reinforced by the 50-day exponential moving average,
and now has room to appreciate toward the historical highs tested in October
around $4,400 per ounce.
The only
scenario that would contradict this bullish outlook would be a breakdown of
current support, which would open the path to deeper correction toward the
$3,400 level where the 200 EMA also runs.
The dual
rally in both Bitcoin and gold represents a rare market phenomenon
where traditional safe havens and risk assets advance simultaneously. This
reflects the unique dynamics of the shutdown resolution, removing political
uncertainty (boosting risk assets) while simultaneously weakening the dollar
(supporting safe havens).
Why gold is going up today? Source: tradingview.com
Chris
Turner, ING analyst, observed: “Risk assets have been helped over the
weekend by news that a group of moderate Democrat senators are softening their
stance on the US government shutdown. There is still a long way to go here, but
we should know over the next couple of days whether the current compromise bill
has legs.”
FX markets
responded by pushing the risk-sensitive Australian dollar close to 0.5% higher,
while USD/JPY climbed over 154 as the yen served as funding currency for risk
trades. Turner explained: “While some might argue that the end of the
shutdown could be a risk-on, dollar-negative impulse for the FX markets, its
impact may be more mixed.”
The dollar
weakness stems from the shutdown resolution enabling federal spending
to resume, potentially increasing fiscal concerns that traditionally support
gold. Additionally, political stability allows the Federal Reserve to maintain
its dovish trajectory, with December rate cut probability still above 64%.
Lower rates reduce the opportunity cost of holding non-yielding gold while
typically weakening the dollar—a double benefit for precious metals.
According
to my technical analysis, Bitcoin’s price is rising 1.7% on Monday and testing
session highs at $106,670 on Binance exchange, adding to Sunday’s gains and
producing a 4% advance over the past 24 hours. As visible on the chart, price
is bouncing from the lower boundary of the consolidation drawn continuously
since May, coinciding
with psychological support at $100,000 and the 50% Fibonacci retracement.
Currently,
price is stalling at the resistance zone around 106,000-108,000 dollars,
supported by the 38.2% Fibonacci retracement and 200 EMA. From my analysis,
this zone may determine the future direction within the current consolidation
pattern.
If Bitcoin
breaks above the grid of 50 and 200 EMAs and current resistance, it will open
the path to retesting the October all-time high around $126,000. If it fails to
overcome this resistance, risk increases for a move back below $100,000, falling
ultimately to $74,000. The cryptocurrency is currently trading at
$106,403.31, still below its 50-day moving average of $112,050 but showing
strong recovery momentum.
Joel Kruger
emphasized: “Momentum has since spilled over into Ethereum and the broader
altcoin complex, reinforcing the view that the market remains well-anchored
within a strong medium-term bullish structure. This resilience comes against a
macro backdrop that is once again turning supportive.”
What Happens Next?
The Senate
bill now moves to a full floor vote in coming days, followed by House
consideration. Market observers assign high probability to passage, with
prediction market Myriad showing over 90% chance the government closure ends
before November 15—up from 37% just 24 hours earlier.
For Bitcoin,
according to my technical analysis, breaking decisively above the
106,000-108,000 resistance zone would open the path toward retesting October’s
$126,000 all-time high. Failure to overcome this resistance increases the risk
of retreat below $100,000, though most analysts view the technical and
fundamental backdrop as supportive.
Gold faces resistance at historical
highs around $4,400 per ounce. According to my analysis, support is holding at
the critical $4,000 level reinforced by the 50 EMA. Dollar weakness from
resumed government spending and Fed dovishness should provide tailwinds for
further precious metals appreciation.
Turner
cautioned: “If last week’s 100.36 high in DXY is to prove significant, it
should not really be making it back above the 99.90/100.00 area now.” This
suggests dollar downside may be limited, potentially capping gold’s immediate
upside while still supporting the broader bullish trend.
The coming
48 hours in Congress will determine whether the shutdown compromise “has
legs,” with markets positioned for positive resolution but prepared for
continued volatility if the deal falters.
Before you leave, I encourage you to also check my earlier analyses and forecasts on gold and Bitcoin:
Bitcoin and Gold Price
Analysis FAQ
Why is Bitcoin going up
today?
Bitcoin is
surging 4.38% to $106,274 on Monday, November 10, 2025, primarily due to the
U.S. Senate’s 60-40 vote advancing legislation to end the historic 40-day
government shutdown. The cryptocurrency bounced from support at the
psychological $100,000 level after eight Democratic senators agreed to a GOP
funding deal, removing political uncertainty that had weighed on risk assets.
Why is gold rising today?
Gold
rallied nearly 2% on Monday, rebounding almost $80 per ounce to reach $4,085,
as the Senate shutdown vote pressured the U.S. dollar. The precious metal is
benefiting from dollar weakness stemming from expectations that resumed
government spending will increase fiscal concerns, while political stability
allows the Federal Reserve to maintain its dovish trajectory with December rate
cut probability above 64%.
What is Bitcoin price
prediction for November 2025?
Bitcoin
price forecasts for November 2025 vary significantly across analysts. Changelly
predicts Bitcoin could reach $129,042 by November 13, representing a 26% gain
from current levels. CoinCodex forecasts BTC will rise 4.48% to $127,142 by
November 17 if it reaches upper price targets, with technical indicators
currently showing bearish sentiment despite the recent rally.
What is gold price
prediction for 2025-2026?
Major
institutions forecast gold between $4,200-$5,000 per ounce by late 2026. UBS
projects gold reaching $4,200 as the next baseline target, with an upside
scenario of $4,700 by Q1 2026 if geopolitical risks intensify. Goldman Sachs
forecasts $5,055 by Q4 2026, while Bank of America targets $5,000 (averaging
$4,400 for the full year). ING expects more conservative near-term targets of
$4,000 for Q4 2025 and $4,100 for Q1 2026, with further upside through 2026.
How high can Bitcoin go?
Industry
experts project Bitcoin could reach $180,000-$200,000 during 2025, according to
forecasts compiled by CNBC. Youwei Yang, chief economist at Bit Mining,
predicts Bitcoin’s price will range between $180,000 and $190,000 in 2025,
though he warns of potential corrections to around $80,000 during market
shocks.
What are the risks to
Bitcoin and gold rallies?
For
Bitcoin, primary risks include failure to break above the $106,000-$108,000
resistance zone (which would increase probability of retreat below $100,000),
Federal Reserve speakers signaling slower pace of rate cuts (December cut
probability has dropped to 64%), and potential for corrections to $80,000
during major market shocks according to analyst warnings.
The Federal Reserve has held rates steady since September, but the combination of softer employment data and declining business confidence has prompted speculation that policymakers may ease monetary conditions to support demand heading into 2026.
Weak Labor Market Fuels Safe-Haven Demand
The latest labor data underscored the fragility of the US job market. Private employers cut 153,000 jobs in October, the steepest monthly decline in over two decades. Layoffs in the government and retail sectors, coupled with an uptick in corporate cost-cutting, heightened fears of a broader slowdown.
Consumer sentiment also dropped to its lowest level in nearly three and a half years, according to a University of Michigan survey, as Americans grew increasingly concerned about inflation, fiscal uncertainty, and the prolonged government shutdown.
These developments have pushed investors toward precious metals, which tend to perform well in times of economic uncertainty and falling interest-rate expectations.
Silver Tracks Gold Higher on Industrial Outlook
Silver followed gold higher, supported by its dual role as both a safe-haven and an industrial metal. Analysts at Metals Focus noted that expectations of weaker Treasury yields and a potential rebound in manufacturing activity could sustain silver’s momentum.
With market attention turning to Fed speeches and upcoming inflation data, traders are closely watching whether policymakers confirm growing market bets on a softer monetary path through year-end.
The Euro to Dollar exchange rate (EUR/USD) dipped to three-month lows at 1.1470 during the week, but has since recovered to around 1.1575 amid concerns over the US government shutdown and the US labour market.
Forecasts from SocGen and MUFG suggest EUR/USD will strengthen to 1.20 in early 2026, but the outlook remains clouded by ongoing uncertainty over the US economy.
EUR/USD Forecasts: Shutdown fears
Foreign exchange strategists at SocGen forecast that the Euro to US Dollar rate will strengthen to 1.20 in the first quarter of 2026, but won’t be able to sustain the gains with a retreat to 1.14 by the end of 2026.
MUFG also expects EUR/USD will strengthen to 1.20 early next year but expects dollar weakness will continue during the year with a third-quarter forecast of 1.26.
EUR/USD dipped to 3-month lows at 1.1470 during the week before a recovery to around 1.1575 amid fresh concerns surrounding the US labour market.
At this stage, markets are pricing in just over a 65% chance that the Federal Reserve will cut interest rates again in December.
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There is, however, major uncertainty over the outlook with the on-going government shutdown amplifying the lack of clarity and increasing reservations.
MUFG comented; “There is no end in sight to the shutdown and the longer this drags on the bigger the economic implication will be.”
It expects; “Renewed USD depreciation by yearend and in 2026.”
Challenger reported that layoffs in October surged 175% from a year ago to 153,074, the highest October figure for 20 years. For the first 10 months of the year, layoffs have increased 65% from the previous year to around 1.1mn.
ADP, however, did register an increase in private payrolls of 42,000 for October after a revised 29,000 decline the previous month.
The dollar will be notably vulnerable if there is evidence of serious labour-market deterioration. The narrative will, however, be different if the economy is resilient and growth holds firm.
SocGen commented; “If the growth differential returns to wider levels, more in line with the average of the last decade, why would the euro not drift back towards that longer-term average? It will get some support from narrower rate differentials, but even those suggest EUR/USD ought to be lower than it is today.”
According to ING; “We think it’s too early to call time on the dollar bear trend and the EUR/USD rally. The house call is for three more Fed rate cuts, and there is much uncertainty over both the shape of the US labour market and whether political pressure will bear down on the Fed next year.”
The bank added; “Our 1.20 forecast for EUR/USD for the end of this year is now a bit of a stretch. But year-end seasonality and the true state of the US jobs market should be supportive. And some modest gains next year are still the preferred call.”
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Colostrum is often called “liquid gold” by lactation specialists, midwives and infant-health researchers. It’s the early milk produced in the first days after childbirth: thick, yellow and rich in antibodies, proteins and nutrients.
Newborn babies benefit greatly from it because their immune systems are not yet fully developed and their stomachs can only hold very small amounts. For babies, there’s no debate: colostrum is incredibly beneficial.
But some wellness brands are marketing colostrum to adults. Kourtney Kardashian Barker’s Lemme range sells it as sweet gummies and as a sugar-free liquid supplement and creamer.
The appeal is easy to understand. Colostrum has a powerful reputation in infant health. If it protects newborns, many assume it must offer something extraordinary for adults too – but does it?
Babies and adults have very different nutritional needs. A newborn’s stomach holds only a few millilitres, and their immune system is immature. Colostrum provides highly concentrated immune and nutritional factors that the baby needs in its first days of life.
Adults, by contrast, have fully developed digestive and immune systems and can obtain nutrients from a varied diet. An adult stomach holds around one to one-and-a-half litres and expands further after eating. What is essential for a baby is not automatically useful or necessary for an adult body.
While colostrum has undeniable benefits in early life, the versions sold to adults are processed, flavoured and taken in much smaller amounts. That’s why it’s important to look closely at what these products contain and what their marketing suggests they can do.
Colostrum-based supplements are often promoted using persuasive wellness language and health-related suggestions, but scientific evidence for their effectiveness in adults remains limited, early and often based on small studies involving specific groups rather than healthy people. Here’s a closer look at the ideas behind some of these marketing messages and what research actually tells us.
Gut health, digestion and reduced bloating
Some small studies suggest that bovine colostrum might reduce temporary increases in intestinal permeability, sometimes called “leaky gut”, where the lining of the intestine becomes less effective at keeping out bacteria and toxins. These changes can occur after intense exercise or when taking non-steroidal anti-inflammatory medicines, drugs that can irritate the stomach and gut lining.
However, these studies involved only a small number of participants in specific contexts, not healthy adults in everyday life. The findings are considered preliminary and would require larger, well-designed clinical trials before any conclusions could be drawn about general digestive benefits.
The prebiotic fibres inulin and xylooligosaccharides, sometimes added to supplements, are much better studied. Inulin has been shown to increase levels of beneficial gut bacteria such as bifidobacteria, while xylooligosaccharides have been linked to greater bacterial diversity and small improvements in markers related to bowel health, obesity and type 2 diabetes in early research.
But these fibres are not unique to colostrum-based products. They also occur naturally in foods such as onions, garlic, leeks, bananas and chicory root and are widely available as standalone fibre supplements.
Immune system support
Colostrum helps newborns develop immunity by providing antibodies at a time when their immune systems are still forming. This does not mean that taking colostrum will strengthen a healthy adult’s immune system.
The idea of “boosting” immunity – a phrase used in promotional material for Kardashian Barker’s Lemme colostrum supplements – is common in wellness marketing, but it can be misleading. A healthy immune system doesn’t usually need boosting, and an overactive one can cause harm by attacking the body’s own tissues, as happens in autoimmune conditions such as type 1 diabetes or rheumatoid arthritis.
Some research has explored the potential of bovine colostrum in specific conditions, such as ulcerative colitis and travellers’ diarrhoea. But these studies are small, focus on people who are already unwell and cannot be generalised to the wider population. Anyone with health concerns should seek medical advice before taking any supplement.
In Lemme’s products, references to immune support appear to rely primarily on vitamin D. Vitamin D does help regulate the immune system and supports bone health, and low levels are common in winter or in people with limited sunlight exposure. However, vitamin D is inexpensive and widely available as a standalone supplement.
This is a broad phrase without a specific scientific definition. On the Lemme website, the company states that vitamin D supports healthy bones and teeth, which is accurate, but that benefit is not unique to its colostrum products.
“Glowing skin”
This phrase has appeared in some advertising coverage but not on the official product page. “Glowing skin” has no clinical definition and no standard method of measurement. There’s currently no evidence that colostrum, or any of the ingredients in these supplements, produces this effect.
How language influences trust
Lemme’s website includes the standard disclaimer found on most dietary supplements, stating that the products are not intended to diagnose, treat, cure or prevent disease.
The brand also describes its ingredients as “clinically studied.” This is not the same as “clinically proven.” The phrase typically means that an ingredient has been tested in some form of study, but it does not indicate whether the results were positive, significant or relevant to human health.
Colostrum is extraordinary for newborns. Nature designed it to protect babies during their most vulnerable days. For adults, however, there is no strong evidence from large, well-designed trials that colostrum supplements improve skin, digestion or immunity in healthy individuals. Some ingredients in these products may show potential in specific medical conditions, but that is not the same as demonstrating general wellness effects.
Colostrum supplements primarily market the idea of something pure, powerful and natural. At present, the science does not fully support these suggestions.
