EUR/USD: Two buy trades hit targets +6%

Elliott Wave Forecast Team ElliottWave-Forecast.com

On October 30 2026 and November 3 2026 I posted on social media AidanFX the EURUSD buy setups.

If you want to get 2 months for the price of 1 month on any of our monthly plans just ask our customer service representative and tell them that Aidan sent you.

EUR/USD four-hour chart October 30 2026 (1st buy entry green)

EUR/USD four-hour chart November 3 2026 (2nd buy entry blue)

EUR/USD four-hour chart November 4 2026 (Targets hit and all buy trades closed)

EURUSD moves higher and hits the 1st buy (green) 1:3 Risk/Reward target at 1.1266 for +120 pips +3% gain and also hits the 2nd buy (blue) 1:3 Risk/Reward target at 1.1268 for +90 pips +3% gain. All BUY positions was closed for a combined total gain of +210 pips +6%. (Risking 1% on every trade)

A trader should always have multiple strategies all lined up before entering a trade. Never trade off one simple strategy. When multiple strategies all line up it allows a trader to see a clearer trade setup. If you followed me on social media you too could have caught the EURUSD move higher. We at EWF never say we are always right. No market service provider can forecast markets with 100% accuracy. Only thing we at EWF 100%, is that we are RIGHT more than we are WRONG.

Author

Elliott Wave Forecast Team

ElliottWave-Forecast.com

AUD/USD hits eight-month lows below 0.6850 amid bullish USD

AUD/USD stays defensive below 0.6850, hitting an eight-month low in the Asian session on Thursday as the possibility of a steeper Fed rate hike in December helps the US Dollar hold near its highest level since April 2025. Geopolitical uncertainty also supports the safe-haven buck, while the RBA’s cautious, on-hold stance limits the Aussie.

USD/JPY eases from near 160.00 amid looming intervention risks, BoJ hike bets

USD/JPY retreats slightly from an over two-month high as the recent surge back to the 160.00 psychological mark prompted verbal warnings from Japanese authorities and sparked fears of direct FX intervention. Moreover, data showed that Japan’s wholesale inflation picked up again in October, strengthening the case for a BoJ hike in December and lifting the Japanese Yen. However, a bullish US Dollar, bolstered by odds of a jumbo Fed rate hike in December, could cap the pair's downside.

Gold falls below $4,000 as traders weigh a half-point Fed rate hike

Gold (XAU/USD) slips back below $4,000 on Thursday, giving up most of last week’s gains as bets on more aggressive Federal Reserve (Fed) interest rate hikes lift the US Dollar (USD) to a fresh year-to-date high.

MSCI drops Strategy from indexes: What it means for Bitcoin

Strategy and Bitcoin (BTC) came under fresh pressure late Wednesday after MSCI finalized its decision to remove the Bitcoin treasury company from its global indexes, raising concerns about potential selling pressure on MSTR shares and its future Bitcoin purchases.

Why the US Dollar's rally isn't as strong as it looks

The US Dollar Index (DXY) is back at an 18-month high, but most of its climb since August is the Euro falling. Against a wider group of trading partners, the Dollar has gained half as much, and the Federal Reserve has raised rates once this year. The US Dollar Index, which measures the Dollar against six other currencies, is trading near 103.

What the US CPI headline doesn’t tell you about inflation

Brent crude has fallen about a third since mid-October on hopes the Iran war is ending, but diesel, freight and fertiliser costs haven't followed. Those costs reach US consumer prices in stages through 2027 and could keep inflation high after gasoline gets cheaper.