The USD/JPY pair may face difficulties breaking above the 154.00 level

The GBP/USD exchange rate remained virtually unchanged on Friday after rising 80 points the day before.

The EUR/USD exchange rate rose by 75 basis points over Thursday and Friday.

Spot prices show a muted reaction to China's weak trade data amid ongoing trade uncertainty

USD/JPY: Tips for Beginner Traders on November 7th (U.S. Session)

GBP/USD: Tips for Beginner Traders on November 7th (U.S. Session)

EUR/USD: Tips for Beginner Traders on November 7th (U.S. Session)

The outlook remains positive for gold as it is technically showing oversold levels. The price is likely to reach the key level of 4,110 in the coming days in order to cover the GAP left by October 20.

The Euro could continue its rise in the coming days until it reaches the 200 EMA around 1.1615. EUR/USD could even reach 8/8 Murray around 1.1718 and could even cover the gap it left around 1.1740.

The eagle indicator is producing a bearish signal. In case BTC consolidates below the 21 SMA located around $115,000, crypto will remain under bearish pressure. It is likely that any technical bounce could be seen with a signal to continue selling in the coming days.