US 10 Year Treasury Yield

Global markets moved into risk-off mode after Democratic Midterm victories in both chambers raised fresh questions around regulation and the durability of the AI-led equity trade. Traders are also focused on eurozone CPI and US ISM services data, with bonds, the dollar and oil all reacting to shifting policy and macro expectations.

Solana is testing a major resistance area after rebounding from its recent lows, but a developing bear flag keeps downside risk elevated. Technical traders are watching the $115-$125 zone, the $85-$90 support area, and a potential bearish target near $47.74.

GBP/USD has moved into a decisive technical zone after quieter late-week trading, with resistance around 1.3274 and support near 1.3200 drawing attention. Dollar strength, elevated Treasury yields and expectations for further Federal Reserve tightening remain central to the pair’s next move.

AUD/USD remains under pressure as a stronger US Dollar and weak Australian Dollar momentum keep the pair in focus. Technical traders are watching resistance and support levels for fresh reversal signals after a decisive bearish breakdown.

GBP/USD remains under pressure as a firmer US Dollar, elevated US Treasury yields and expectations for additional Federal Reserve tightening keep sellers in control. Technical traders are watching support near 1.3200 and the longer-term 1.3140 to 1.3160 zone for signs of either continuation or reversal.