Key Points
- EUR/USD and USD/CAD invalidate their earlier directional scenarios.
- Sterling approaches a corrective reference; dollar-yen anticipates a pullback.
Market Rates: Four-hour charts captured around 11:01–11:02 a.m. New York time show EUR/USD at 1.10965, GBP/USD at 1.32815, AUD/USD at 0.68521, USD/CAD at 1.42403 and USD/JPY at 159.836.
AUD/USD has moved below the 0.68543 reference in its fifth-wave outlook, with 0.68435 now marking the next downside test.
GBP/USD has extended the W–X–Y correction toward Fibonacci 61.8%; a recovery remains projected rather than confirmed.
USD/CAD’s advance through 1.40687 overturns the bearish continuation thesis. Green wave i now marks the latest peak, with ii anticipated before renewed upside.
USD/JPY has advanced beyond the former 158.770 reference following its second-wave correction setup. Red wave 4 is projected toward Fibonacci 38.2% before further appreciation.
Technical Analysis — November 11, 2026
- Invalidation: EUR/USD 1.12514; AUD/USD 0.69311.
- Bullish-count invalidation: USD/CAD 1.39297; USD/JPY 157.258.
- GBP/USD: 1.35032 remains an upper reference.
Trader’s Question: Do these charts support the same dollar trade?
No. Different wave stages allow temporary countertrend moves, so each pair requires its own confirmation rather than a single directional assumption.
