{"id":4073,"date":"2026-11-02T08:10:26","date_gmt":"2026-11-02T08:10:26","guid":{"rendered":"https:\/\/tentrade.com\/?p=4073"},"modified":"2026-11-02T08:12:24","modified_gmt":"2026-11-02T08:12:24","slug":"weekly-market-outlook-2-6-november-2026","status":"publish","type":"post","link":"https:\/\/tentrade.com\/en\/weekly-market-outlook-2-6-november-2026\/","title":{"rendered":"Weekly Market Outlook: 2nd &#8211; 6th November 2026"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Global markets enter the new week following a mixed-to-negative performance, with the US Dollar Index rising <strong>0.15%<\/strong> to <strong>101.96<\/strong>, gold falling <strong>3.07%<\/strong> to <strong>$3,884.90<\/strong> and Bitcoin declining <strong>5.24%<\/strong> to <strong>$76,560<\/strong>. From <strong>2\u20136 November 2<\/strong>026, attention will turn to the <a href=\"https:\/\/tentrade.com\/en\/learn\/trading-resources\/economic-calendar\/\">Bank of England rate decision<\/a>, US employment data, oil inventories, AI-related earnings and geopolitical developments. These events could drive volatility across forex, metals, energy, cryptocurrencies and equities, creating fresh trading opportunities.\u00a0<\/p>\n\n\n\n<h2 id=\"h-previous-week-s-market-recap\" class=\"wp-block-heading\"><br>Previous Week\u2019s Market Recap<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"479\" src=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-10-1024x479.png\" alt=\"Weekly market recap infographic showing changes in the US dollar, gold, WTI oil, Bitcoin and major US stock indices.\" class=\"wp-image-4084\" style=\"aspect-ratio:2.136986301369863;width:624px;height:auto\" srcset=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-10-1024x479.png 1024w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-10-300x140.png 300w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-10-767x359.png 767w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-10-18x8.png 18w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-10-1536x719.png 1536w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-10.png 1833w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 id=\"h-forex\" class=\"wp-block-heading\"><strong>Forex:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The U.S. Dollar Index (DXY) edged higher by approximately <strong>0.15%<\/strong>, closing around <strong>101.96<\/strong>. The Canadian dollar outperformed major currencies, while the New Zealand dollar weakened. Markets reacted to multiple central bank decisions, with the Federal Reserve holding rates at <strong>3.75%\u20134.00%<\/strong> amid persistent inflation concerns.<\/p>\n\n\n\n<h3 id=\"h-metals\" class=\"wp-block-heading\"><strong>Metals:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Gold faced significant selling pressure, declining approximately <strong>3.07%<\/strong> to around <strong>$3,884.90 per ounce<\/strong>. Prices dropped below the key <strong>$4,000<\/strong> psychological level as rising inflation concerns, expectations of tighter monetary policy and profit-taking weighed on demand.<\/p>\n\n\n\n<h3 id=\"h-energy\" class=\"wp-block-heading\"><strong>Energy:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Oil prices experienced mixed movements. WTI crude declined approximately <strong>0.31%<\/strong> over the week, closing near <strong>$102.95 per barrel<\/strong>. Geopolitical tensions and supply concerns continued to influence market sentiment, while inflation fears and economic uncertainty contributed to volatility.<\/p>\n\n\n\n<h3 id=\"h-crypto\" class=\"wp-block-heading\"><strong>Crypto:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin weakened during the week, falling approximately <strong>5.24%<\/strong> to around <strong>$76,560<\/strong>. The decline was driven by risk-off sentiment, technology-sector weakness and concerns surrounding a major cryptocurrency security breach.<\/p>\n\n\n\n<h3 id=\"h-stocks\" class=\"wp-block-heading\"><strong>Stocks:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">U.S. stocks recorded a mixed-to-negative weekly performance as investors reassessed technology valuations and AI spending. The S&amp;P 500 declined approximately <strong>0.57%<\/strong>, while the Nasdaq Composite fell <strong>2.00%<\/strong>. The Dow Jones Industrial Average dropped approximately <strong>0.85%<\/strong>, reflecting renewed uncertainty across major equities.<\/p>\n\n\n\n<h3 id=\"h-indices\" class=\"wp-block-heading\"><strong>Indices:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">U.S. indices experienced increased volatility throughout the week. The <strong>S&amp;P 500<\/strong> closed around <strong>7,580.07<\/strong>, the <strong>Nasdaq Composite<\/strong> finished near <strong>25,437.00<\/strong>, and the <strong>Dow Jones<\/strong> ended at approximately <strong>51,770.31<\/strong>. Weak technology earnings, concerns over AI investment returns, Federal Reserve policy and inflation remained key market drivers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 id=\"h-important-events-this-week\" class=\"wp-block-heading\">Important Events This Week:<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 id=\"h-forex-gbpusd\" class=\"wp-block-heading\"><strong>FOREX : GBPUSD<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/tentrade.com\/en\/trade\/trading-instruments\/forex-instruments\/\">GBP\/USD<\/a> volatility from 2\u20136 November 2026 will largely depend on UK and US economic data. Key events include US ISM Manufacturing PMI (Monday), JOLTS Job Openings (Tuesday), ADP Employment and ISM Services PMI (Wednesday), the BoE interest-rate decision (Thursday, expected at 4.00%), and US Nonfarm Payrolls (Friday, forecast at 65,000 vs 29,000 previously), with unemployment expected at 4.2%. A hawkish BoE or weaker US data could push GBP\/USD higher, while strong US employment figures could strengthen the dollar and pressure the pair.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h4 id=\"h-gbpusd\" class=\"wp-block-heading\"><strong>GBPUSD<\/strong><\/h4>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"472\" src=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-6-1024x472.png\" alt=\"GBP\/USD four-hour chart testing descending trendline resistance near 1.3391, with upside levels at 1.3454 and 1.3502 and downside toward 1.3214.\" class=\"wp-image-4081\" style=\"aspect-ratio:2.1666666666666665;width:624px;height:auto\" srcset=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-6-1024x472.png 1024w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-6-300x138.png 300w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-6-766x353.png 766w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-6-18x8.png 18w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-6-1536x708.png 1536w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-6.png 1747w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>GBPUSD<\/strong> is trading around <strong>1.3391, testing a key resistance<\/strong> zone around the descending <strong>trendline.<\/strong> A sustained break above <strong>1.3391<\/strong> could support a <strong>BUY<\/strong> toward <strong>1.3454<\/strong> and <strong>1.3502,<\/strong> with further targets at <strong>1.3536<\/strong> and <strong>1.3570.<\/strong> A <strong>rejection<\/strong> around <strong>1.3391<\/strong> could trigger a <strong>SELL<\/strong> toward <strong>1.3214,<\/strong> with <strong>SL<\/strong> at <strong>1.3454<\/strong> and <strong>RR<\/strong> around <strong>1:2.8.<\/strong> A confirmed breakout above <strong>1.3454<\/strong> would strengthen the <strong>bullish outlook,<\/strong> while a break below <strong>1.3280<\/strong> could increase <strong>selling pressure<\/strong> toward <strong>1.3214.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Always apply <a href=\"https:\/\/tentrade.com\/en\/margin-leverage\/\">risk management<\/a>.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 id=\"h-metals-xauusd-gold\" class=\"wp-block-heading\"><strong>METALS : XAUUSD ( GOLD )<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"h-metals-xauusd-gold\">Gold (XAUUSD) volatility from 2\u20136 November 2026 will largely depend on US economic data, Federal Reserve rate expectations, Treasury yields and the US dollar. Key events include US ISM Manufacturing PMI (Monday), JOLTS Job Openings (Tuesday), ISM Services PMI (Wednesday) and Nonfarm Payrolls on Friday, forecast at 65,000 versus 29,000 previously. Stronger US employment data and rising yields could pressure gold, while weaker figures, a softer dollar and safe-haven demand could support price\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h4 id=\"h-xauusd-gold\" class=\"wp-block-heading\"><strong>XAUUSD ( GOLD )<\/strong><\/h4>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"471\" src=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-7-1024x471.png\" alt=\"Gold daily chart testing a major support zone after a decline, with potential recovery levels at 4,239.56 and 4,526 and downside toward 2,820.98.\" class=\"wp-image-4080\" style=\"aspect-ratio:2.1742160278745644;width:624px;height:auto\" srcset=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-7-1024x471.png 1024w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-7-300x138.png 300w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-7-768x353.png 768w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-7-1536x706.png 1536w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-7-18x8.png 18w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-7.png 1740w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>XAUUSD<\/strong> is trading around <strong>3,875.645,<\/strong> testing a major <strong>support<\/strong> zone near <strong>3,874.684<\/strong> following strong <strong>bearish pressure. A sustained rebound<\/strong> above this level could support a <strong>BUY<\/strong> toward <strong>4,239.557<\/strong> and <strong>4,526.000,<\/strong> with further upside targets at <strong>4,727.192<\/strong> and <strong>4,928.384.<\/strong> A confirme<strong>d daily break below 3,874.684<\/strong> could trigger a <strong>SELL<\/strong> toward <strong>2,820.984,<\/strong> with <strong>SL<\/strong> around <strong>4,026.550<\/strong> and <strong>RR<\/strong> approximatel<strong>y 1:7.0.<\/strong> A sustained <strong>recovery<\/strong> above <strong>4,239.557<\/strong> would strengthen the <strong>bullish outlook,<\/strong> while a decisive break below <strong>support<\/strong> would favour further <strong>downside.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Always apply risk management.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 id=\"h-energy-usoil-nbsp\" class=\"wp-block-heading\"><strong>ENERGY : USOIL&nbsp;<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">USOIL volatility from 2\u20136 November 2026 will largely depend on US crude inventory reports, OPEC+ supply decisions, global demand and Middle East geopolitical tensions. OPEC+ has maintained its December production targets, while US crude inventories recently fell by 1.9 million barrels to 410.6 million, against expectations of a 15,000-barrel increase. Traders should watch Tuesday\u2019s API and Wednesday\u2019s EIA inventory reports, alongside US economic data. Larger inventory draws and supply disruptions could push oil prices higher, while inventory builds, weaker demand and easing geopolitical tensions could increase selling pressure&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h4 id=\"h-usoil\" class=\"wp-block-heading\"><strong>USOIL<\/strong><\/h4>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"470\" src=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-9-1024x470.png\" alt=\"WTI crude oil daily chart showing a rising trendline, resistance near 102.90, an upside target at 125.24 and downside levels at 95.28 and 89.24.\" class=\"wp-image-4083\" style=\"aspect-ratio:2.1742160278745644;width:624px;height:auto\" srcset=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-9-1024x470.png 1024w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-9-300x138.png 300w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-9-767x352.png 767w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-9-1536x705.png 1536w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-9-18x8.png 18w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-9.png 1748w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>USOIL<\/strong> is trading around <strong>102.94,<\/strong> testing key <strong>resistance<\/strong> near <strong>102.90<\/strong> while holding above a rising <strong>trendline.<\/strong> A confirmed break and hold above <strong>102.90<\/strong> could support a <strong>BUY<\/strong> toward <strong>125.24,<\/strong> with <strong>SL<\/strong> at <strong>95.28<\/strong> and <strong>RR<\/strong> around <strong>1:2.9.<\/strong> A <strong>rejection<\/strong> from <strong>102.90<\/strong> could trigger a <strong>SELL<\/strong> toward <strong>95.28<\/strong> and <strong>89.24,<\/strong> with <strong>SL<\/strong> at <strong>102.90<\/strong> and <strong>RR<\/strong> around <strong>1:1.8<\/strong> to the second target. <strong><\/strong>A sustained break below <strong>95.28<\/strong> would strengthen the <strong>bearish outlook<\/strong> toward <strong>89.24<\/strong> and potentially <strong>84.99.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Always apply risk management.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 id=\"h-crypto-btcusd-bitcoin\" class=\"wp-block-heading\"><strong>CRYPTO : BTCUSD ( BITCOIN )<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bitcoin (BTCUSD)<\/strong> volatility from 2\u20136 November 2026 will largely depend on <strong>US economic data, Federal Reserve rate expectations, institutional demand and overall risk sentiment.<\/strong> Key events include US ISM Manufacturing PMI (Monday), JOLTS Job Openings (Tuesday), US midterm election results (Wednesday) and Nonfarm Payrolls on Friday, forecast at 55,000\u201365,000 jobs. Bitcoin also faces pressure from recent spot ETF outflows of approximately $643.2 million on 30 October and concerns surrounding <strong>Binance&#8217;s<\/strong> security breach. <strong>Stronger US data<\/strong> and continued <strong>ETF outflows<\/strong> could weigh on Bitcoin, while weaker data, renewed institutional inflows and improved market confidence could support a recovery.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h4 id=\"h-btcusd\" class=\"wp-block-heading\"><strong>BTCUSD<\/strong><\/h4>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"475\" src=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-8-1024x475.png\" alt=\"Bitcoin daily chart showing rising trendline support, resistance near 77,880, an upside target at 87,367 and downside levels at 74,601 and 72,024.\" class=\"wp-image-4082\" style=\"aspect-ratio:2.1591695501730106;width:624px;height:auto\" srcset=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-8-1024x475.png 1024w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-8-300x139.png 300w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-8-767x356.png 767w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-8-18x8.png 18w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-8-1536x713.png 1536w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-8.png 1750w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>BTC\/USD<\/strong> is trading around <strong>77,954, t<\/strong>esting key <strong>resistance<\/strong> near <strong>77,880<\/strong> while holding above a rising <strong>trendline.<\/strong> A confirmed break and hold above <strong>77,880<\/strong> could support a <strong>BUY<\/strong> toward <strong>87,367,<\/strong> with <strong>SL<\/strong> at <strong>74,601<\/strong> and <strong>RR<\/strong> around <strong>1:2.8.<\/strong> A <strong>rejection<\/strong> from <strong>77,880<\/strong> could trigger a <strong>SELL<\/strong> toward <strong>74,601<\/strong> and <strong>72,024,<\/strong> with <strong>SL<\/strong> at <strong>77,880<\/strong> and <strong>RR<\/strong> around <strong>1:1.8<\/strong> to the second target<strong>.<\/strong> A sustained break below <strong>74,601<\/strong> would strengthen the <strong>bearish outlook<\/strong> toward <strong>72,024<\/strong> and potentially <strong>70,214.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Always apply risk management.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 id=\"h-stocks-nvidia-nbsp\" class=\"wp-block-heading\"><strong>STOCKS : NVIDIA&nbsp;<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>NVIDIA (NVDA)<\/strong> volatility from 2\u20136 November 2026 will largely depend on <strong>AI demand, semiconductor sector performance, US economic data and Federal Reserve rate expectations.<\/strong> Investors will watch <strong>AMD earnings<\/strong> on Tuesday, followed by <strong>Arm and Qualcomm<\/strong> results on <strong>Wednesday<\/strong> for clues about <strong>AI chip demand<\/strong> and industry growth. <strong><\/strong>Friday\u2019s US <strong>Nonfarm Payrolls<\/strong> report will also influence <strong>Treasury yields<\/strong> and <strong>technology stock valuations.<\/strong> Strong AI demand, positive earnings guidance and a weaker dollar could support NVIDIA, while rising yields, profit-taking and concerns over chip export restrictions could weigh on its share price.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h4 id=\"h-nvidia\" class=\"wp-block-heading\"><strong>NVIDIA<\/strong><\/h4>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"465\" src=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-11-1024x465.png\" alt=\"NVIDIA four-hour chart showing support near 204.78, resistance at 207.03, upside levels at 213.06 and 219.55 and a downside target at 180.89.\" class=\"wp-image-4085\" style=\"aspect-ratio:2.1971830985915495;width:624px;height:auto\" srcset=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-11-1024x465.png 1024w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-11-300x136.png 300w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-11-768x349.png 768w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-11-18x8.png 18w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-11-1536x698.png 1536w, https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-11.png 1756w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>NVIDIA (NVDA)<\/strong> is trading around <strong>204.78,<\/strong> testing key <strong>support<\/strong> near <strong>204.78<\/strong> below major <strong>resistance<\/strong> at <strong>207.03.<\/strong> A confirmed break and hold above <strong>207.03<\/strong> could support a <strong>BUY<\/strong> toward <strong>213.06<\/strong> and <strong>219.55,<\/strong> with <strong>SL<\/strong> at <strong>204.78<\/strong> and <strong>RR<\/strong> around <strong>1:2.7<\/strong> to the first target. <strong><\/strong>A breakdown below <strong>204.78<\/strong> could trigger a <strong>SELL<\/strong> toward <strong>180.89,<\/strong> with <strong>SL at 207.03<\/strong> and <strong>RR<\/strong> arou<strong>nd 1:10.6. A sustained move above 207.03<\/strong> would strengthen the <strong>bullish outlook<\/strong> toward <strong>219.55,<\/strong> while rejection could expose further downside.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Always apply risk management.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">#ForexMarket #MarketRecap #TradingAnalysis #GoldTrading #OilTrading #BitcoinTrading #StockMarket #Nasdaq #RiskManagement #FinancialMarkets #TenTrade<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global markets enter the new week following a mixed-to-negative performance, with the US Dollar Index rising 0.15% to 101.96, gold falling 3.07% to $3,884.90 and Bitcoin declining 5.24% to $76,560. From 2\u20136 November 2026, attention will turn to the Bank of England rate decision, US employment data, oil inventories, AI-related earnings and geopolitical developments. These [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/tentrade.com\/en\/weekly-market-outlook-2-6-november-2026\/\">Read More&#8230;<span class=\"screen-reader-text\"> from Weekly Market Outlook: 2nd &#8211; 6th November 2026<\/span><\/a><\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-4073","post","type-post","status-publish","format-standard","hentry","category-outlook"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.8 (Yoast SEO v28.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Weekly Market Outlook: 2\u20136 November 2026<\/title>\n<meta name=\"description\" content=\"Weekly market outlook for 2\u20136 November 2026: explore GBP\/USD, gold, WTI oil, Bitcoin and NVIDIA levels, plus the BoE decision and US jobs data.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tentrade.com\/en\/weekly-market-outlook-2-6-november-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekly Market Outlook: 2nd - 6th November 2026\" \/>\n<meta property=\"og:description\" content=\"Weekly market outlook for 2\u20136 November 2026: explore GBP\/USD, gold, WTI oil, Bitcoin and NVIDIA levels, plus the BoE decision and US jobs data.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tentrade.com\/en\/weekly-market-outlook-2-6-november-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"TenTrade\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/tentradeofficial\" \/>\n<meta property=\"article:published_time\" content=\"2026-11-02T08:10:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-11-02T08:12:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tentrade.com\/wp-content\/uploads\/2026\/11\/image-10-1024x479.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"479\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Da-Costa Assumang\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Ten10Trade\" \/>\n<meta name=\"twitter:site\" content=\"@Ten10Trade\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Da-Costa Assumang\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/tentrade.com\\\/weekly-market-outlook-2-6-november-2026\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/tentrade.com\\\/weekly-market-outlook-2-6-november-2026\\\/\"},\"author\":{\"name\":\"Da-Costa Assumang\",\"@id\":\"https:\\\/\\\/tentrade.com\\\/fr\\\/#\\\/schema\\\/person\\\/217caa41befd98cf27b47d349ed38425\"},\"headline\":\"Weekly Market Outlook: 2nd &#8211; 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