3rd November - Monday Market Update #202 - Is it a load of old $CAC?
- Paul Wallace
- 3 days ago
- 2 min read
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Hello Traders,
Thanks to those of you who joined us today. I should reiterate that the Monday Market Update is just that. A big picture overview of the markets, with a few 'charts of interest' thrown in. There are no trade recommendations, this is not a signal service - just what I am looking at and interested in.
Today we looked at; FX STAM, French CAC 40 Index ($CAC), Palantir Technologies ($PLTR) and Uber Technologies ($UBER).
The Monday market update for November 3, 2025, analysed currency strength and weakness. The Swiss franc remained top, while the Japanese yen and Kiwi dollar lagged. The Euro slipped to fourth place, replaced by the Aussie dollar. Sterling fell to sixth place due to pre-budget jitters. The dollar held steady despite FOMC's cautious stance. Key charts included the CAC 40's resistance at 8250, Palantir's pre-earnings surge, and Uber's potential breakout at $100. The Nikkei surged on yen weakness, and the FTSE benefited from Sterling's decline. Gold, silver, and Bitcoin showed coiling patterns, while the Aussie dollar strengthened against multiple currencies.
You can follow my charts on TradingView at FXTraderPaul: https://bit.ly/FXTPVIEW
We also covered the usual suspects: $DJIA, $NDX, $SPY, $RTY, $DAX, $FTSE, $N225, $WTI, $XAUUSD, $XAGUSD, $BTCUSD, $USD, $DXY, $JPY, $AUD, $CHF, $NZD and $GBP.
Have a great trading week. We return next week at 1230.
Trade well,
Paul
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