From Political Relief to Chart Tension — This Week’s Trading Setup

Author

FX Rocket Profits
November 11, 2025

In partnership with

Shutdown Deal, USD/CAD Support & Market Drift

Markets opened the week cautiously as traders digested the weekend’s U.S. government shutdown deal. While the agreement avoids immediate disruption, it’s a short-term fix — and the next funding deadline looms in early 2026.

Equities were mixed, gold held steady near $3,980, and the dollar traded flat. With CPI data on deck, traders are holding back from big directional bets.

In FX, USD/CAD is hovering near mid-channel support around 1.4050. The pair has been grinding higher within a rising channel since mid-October, and this level could offer a bounce opportunity if bulls step in. A break below would shift focus to 1.3900.

The theme? When politics pause and price consolidates, structure becomes the signal.

⚡Daily Broad Market Recap – November 10, 2025

  • S&P 500 flat; Nasdaq edged up 0.2%.

  • Gold held near $3,980; oil dipped to $59.20.

  • Bitcoin hovered near $101,000; USD traded sideways.

🔥Explainer: U.S. Government Shutdown Deal

  • Lawmakers reached a temporary funding agreement.

  • Avoids shutdown for now, but next deadline looms in early 2026.

  • Markets relieved, but cautious ahead of CPI.

📊Chart Art: USD/CAD Mid-Channel Support

  • USD/CAD testing 1.4050, a key channel support.

  • Bounce could target 1.4150; break may lead to 1.3900.

  • Watch for bullish confirmation or downside momentum.

This issue blends political relief with technical tension. As shutdown risks fade and USD/CAD tests support, the message is clear: when headlines quiet down, price action speaks up.

Happy Trading!

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