Daily Market Watch: Wednesday 11 November 2026, London and New York Session

Prices checked at 04:39 GMT, ahead of the London open at 08:00 GMT. Asia window 00:00 to 04:40 GMT.

What happened in Asia

Tuesday's US CPI print was hot and it moved everything. Gold fell 130 points from 4141 to 4011, the dollar jumped, and EURUSD and GBPUSD both lost more than 100 pips.

Asia was the quiet follow through. Gold bounced 26 points from 4024.6 to 4051.1, then stalled, with resistance overhead at 4072. Dollar yen pushed to 158.96, a four week high, just under 159.00. CAD yen rejected 112.00 and slipped to a new session low at 111.78. Aussie kiwi bounced 31 pips from 1.2244 straight back into the underside of the 1.2277 level it broke on Tuesday. EURUSD sat in a 10 pip range and cable in a 12 pip range.

Key levels for today

• XAUUSD: Arcis Pro M30 resistance 4072.05 under the CPI high 4081, 4H and daily supply 4102 to 4104. Arcis Pro M30 support 4033.60, Tuesday low 4011, daily demand 3947
• USDJPY: Arcis Pro H1 support 158.714 on top of 15m demand 158.60 to 158.70, 4H demand 158.46. Supply 158.9 to 159.4 (daily 159.39)
• CADJPY: Arcis Pro M30 resistance 111.957, 4H supply 112.20 with the H4 level 112.25. Demand 111.38 to 111.40, Arcis Pro H4 support 110.69
• AUDNZD: Arcis Pro M30 level 1.22767 (the broken support), 4H supply 1.2301 to 1.2332. Arcis Pro H4 support 1.22207, 4H demand 1.21245
• EURUSD: 4H supply 1.12194, Arcis Pro H2 1.12415. Arcis Pro H8 support 1.11278 at 4H demand 1.1129 to 1.1139
• GBPUSD: Arcis Pro H1 support 1.33401 over 4H demand 1.33200. Arcis Pro H4 1.34464 at 4H supply 1.34464 to 1.34629
• AUDUSD: Arcis Pro H2 0.69196 and M30 0.69304. 4H demand 0.68567 and 0.68489
• EURGBP: Arcis Pro H2 0.83689 at 4H supply 0.83663. Arcis Pro M30 0.83506 and 0.83401 (4H demand 0.83403)

Levels from Arcis Pro and Arcis Supply and Demand on Arcis Charts, read 04:39 to 04:45 GMT. Where an Arcis Pro level and a supply or demand zone line up, that is a key turning point for the day. ArcisX on the 15 minute chart is the entry trigger at those levels.

Today's setups for London and New York

Every setup is conditional. A touch of the zone is not a trade. We wait for price to run up into the sell zone (or dip into the buy zone), then the ArcisX signal inside the zone is the entry confirmation. No ArcisX signal, no trade.

1. XAUUSD SHORT (featured in the video)

Activation: Rally into 4066 to 4075 (Arcis Pro M30 LS resistance 4072.05, under Tuesday's CPI candle high 4081) fails, then a 15m rejection or bearish engulfing with an ArcisX sell signal

Arcis confluence: Partial. Arcis Pro M30 LS resistance 4072.05 inside the zone; no Arcis supply or demand zone at the entry (nearest 4H and daily supply 4102 to 4104 sits above the stop); T2 at Arcis daily demand 3947.05. Arcis 04:39 GMT: 4040.84, Arcis Pro bias was BUY first test of M30 LS 4033.60 (see idea 8).

Sell zone: 4066 to 4075

Entry: ArcisX sell signal inside the zone (no blind order at one price)

Stop: 4090 (20 points)

T1: 4012 (58 points)

T2: 3950 (120 points)

Invalidation: 15m close above 4090

Why: Tuesday's US CPI flush took gold 130 points lower, from 4141 to 4011. Asia only bounced 26 points to 4051. Arcis Pro has M30 resistance at 4072, just under the CPI candle high at 4081, and the 4H and daily supply at 4102 to 4104 sits above the stop.

2. USDJPY LONG (featured in the video)

Activation: Dip into 158.60 to 158.70 (Asia low 158.66 and Tuesday's late session floor) holds, then a 15m rejection

Arcis confluence: Arcis Pro H1 LS support 158.714 on top of 15m demand 158.6 to 158.7; Arcis 4H demand 158.462 under the stop zone (stop 158.40 below it); T1 at the top of Arcis daily supply 159.390. Note Arcis Asia high read about 159.03 vs Yahoo 158.96.

Buy zone: 158.60 to 158.70

Entry: ArcisX buy signal inside the zone (no blind order at one price)

Stop: 158.40 (28 pips)

T1: 159.40 (72 pips)

T2: 159.75 (107 pips)

Invalidation: 15m close below 158.40

Why: Dollar yen pushed to 158.96 in Asia, a fresh four week high and just under the 159.00 round number. The trend is up on the daily and 4H. A held dip back into the Asia floor is the entry, not the high.

3. CADJPY SHORT (featured in the video)

Activation: Rally into 111.95 to 112.04 (Asia high 112.00 and Tuesday high 112.04) fails, then a 15m rejection or bearish engulfing

Arcis confluence: Arcis Pro M30 LS resistance 111.957 (ArcisPro SELL first test signal); Arcis 4H supply 112.200 and H4 LS 112.252 under the stop 112.30; T1 above 4H and daily demand 111.38 to 111.40; T2 110.70 at Arcis Pro H4 LS support 110.693.

Sell zone: 111.95 to 112.04

Entry: ArcisX sell signal inside the zone (no blind order at one price)

Stop: 112.30 (30 pips)

T1: 111.50 (50 pips)

T2: 110.70 (130 pips)

Invalidation: 15m close above 112.30

Why: CADJPY (loonie yen) broke the prior week low at 111.93 on Monday and has been capped under 112.04 since. Asia rejected 112.00 and printed a new session low late at 111.78. Old support is the sell zone.

4. AUDNZD SHORT (featured in the video)

Activation: Rally into 1.2275 to 1.2293 (Arcis Pro M30 LS 1.22767, Monday's broken support, Tuesday high 1.2293) fails, then a 15m rejection with an ArcisX sell signal

Arcis confluence: Arcis Pro M30 LS 1.22767 (ArcisPro SELL first test signal) at the broken support; 4H supply 1.2301 to 1.2332 with H2 LS 1.23121 above (stop 1.2318 sits inside the supply, above H2 LS); T1 at H4 LS 1.22207; T2 at 4H demand 1.21245. Arcis Asia high read about 1.2283 vs Yahoo 1.2275.

Sell zone: 1.2275 to 1.2293

Entry: ArcisX sell signal inside the zone (no blind order at one price)

Stop: 1.2318 (33 pips)

T1: 1.2222 (63 pips)

T2: 1.2130 (155 pips)

Invalidation: 15m close above 1.2318

Why: Aussie kiwi broke the 1.2277 support on Tuesday and made a new two month low at 1.2220. Asia bounced 31 pips straight back into the underside of that broken level. The daily trend is down from the 1.2598 October high.

5. EURUSD SHORT

Activation: Rally into 1.1210 to 1.1220 (Arcis 4H supply 1.12194, the broken 1.1217 4H level) fails, then a 15m rejection with an ArcisX sell signal

Arcis confluence: Arcis 4H supply 1.12194 at the entry; Arcis Pro H2 LS 1.12415 above the stop; T2 at Arcis Pro H8 LS 1.11278 and 4H demand 1.1129 to 1.1139. Arcis Pro was APPROACHING H8 LS 1.11278. 4H demand 1.11761 sits just above price (first hurdle for the short is getting up to the entry).

Sell zone: 1.1210 to 1.1220

Entry: ArcisX sell signal inside the zone (no blind order at one price)

Stop: 1.1248 (33 pips)

T1: 1.1150 (65 pips)

T2: 1.1130 (85 pips)

Invalidation: 15m close above 1.1248

Why: CPI broke EURUSD back below the 1.1217 4H level and the market sold 100 pips. Asia was a dead 10 pip range. The retest of 4H supply at 1.1219 is the entry, not the middle. Lagarde speaks at 09:45 GMT.

6. GBPUSD LONG

Activation: Dip into 1.3330 to 1.3342 (Arcis Pro H1 LS support 1.33401, Asia low 1.3344) holds, then a 15m rejection with an ArcisX buy signal

Arcis confluence: Arcis Pro H1 LS 1.33401 (ArcisPro BUY first test signal) above Arcis 4H demand 1.33200; T2 at Arcis Pro H4 LS 1.34464 and 4H supply. Replaces the Yahoo-only short at 1.3385, which had no Arcis level.

Buy zone: 1.3330 to 1.3342

Entry: ArcisX buy signal inside the zone (no blind order at one price)

Stop: 1.3310 (28 pips)

T1: 1.3398 (60 pips)

T2: 1.3446 (108 pips)

Invalidation: 15m close below 1.3310

Why: Cable lost 145 pips after CPI, but Arcis Pro has H1 support at 1.3340 with 4H demand at 1.3320 under it, and Asia held a 12 pip range on top. A held dip there is the counter move back to the CPI breakdown. UK GDP is tomorrow at 07:00 GMT, so this one expires at 16:00 GMT today.

7. AUDUSD SHORT

Activation: Rally into 0.6905 to 0.6920 (Tuesday breakdown, up to Arcis Pro H2 LS 0.69196) fails, then a 15m rejection with an ArcisX sell signal

Arcis confluence: Partial. Arcis Pro H2 LS 0.69196 at the top of the zone and M30 LS 0.69304 under the stop; no Arcis supply zone at the entry (4H supply is 0.7000 to 0.7020); T1 at 4H demand 0.68567. Arcis Pro also flagged SELL first test of M30 LS 0.68836 (tight stop 0.68854), not used.

Sell zone: 0.6905 to 0.6920

Entry: ArcisX sell signal inside the zone (no blind order at one price)

Stop: 0.6935 (23 pips)

T1: 0.6857 (55 pips)

T2: 0.6836 (76 pips)

Invalidation: 15m close above 0.6935

Why: Aussie made a new six month low at 0.6845 after CPI. Asia bounced only to 0.6887. Daily trend down, below the 20 and 50 day averages.

8. XAUUSD LONG

Activation: Alternate to idea 1. Dip into 4028 to 4034 (Arcis Pro M30 LS support 4033.60, Asia low 4024.6) holds, then a 15m rejection with an ArcisX buy signal

Arcis confluence: ArcisPro BUY first test of M30 LS 4033.60; T2 at Arcis 4H and daily supply 4102 to 4104. No Arcis demand zone at the entry (4H demand is 3913 to 3933).

Buy zone: 4028 to 4034

Entry: ArcisX buy signal inside the zone (no blind order at one price)

Stop: 4020 (14 points)

T1: 4070 (36 points)

T2: 4102 (68 points)

Invalidation: 15m close below 4020

Why: Arcis Pro flagged a BUY on the first test of its M30 support at 4033.6. A held test gives a 14 point stop under the Asia low with the M30 resistance at 4072 and the 4H supply at 4102 above. Ideas 1 and 8 work as a range: never hold both at once.

9. EURGBP SHORT

Activation: Rally into 0.8366 to 0.8373 (Arcis Pro H2 LS 0.83689 at 4H supply 0.83663, Tuesday high 0.8373) fails, then a 15m rejection with an ArcisX sell signal. Not between 09:30 and 10:15 GMT (Lagarde)

Arcis confluence: Arcis Pro H2 LS 0.83689 next to Arcis 4H supply 0.83663 (ArcisPro SELL first test signal); T1 at M30 LS 0.83506; T2 at M30 LS 0.83401, in line with 4H demand 0.83403. Caution: 4H and daily demand 0.8362 sits just under the entry.

Sell zone: 0.8366 to 0.8373

Entry: ArcisX sell signal inside the zone (no blind order at one price)

Stop: 0.8378 (9 pips)

T1: 0.8351 (18 pips)

T2: 0.8341 (28 pips)

Invalidation: 15m close above 0.8378

Why: EURGBP has been capped under 0.8373 and Asia sat in a 5 pip range at 0.8362 to 0.8367, right under Arcis Pro H2 resistance with 4H supply. A tight stop above Tuesday's high against M30 and 4H levels below.

Passed today: GBPJPY (mid range), EURJPY (already sitting on its Arcis Pro H1 level, and it would double the yen exposure), NZDUSD (it would only double the AUDUSD idea), USDCAD and GBPAUD (no Arcis Pro and supply and demand confluence on the higher timeframes). GBPCAD is not re-issued because Tuesday's idea is still waiting in its 1.8910 to 1.8950 zone. That is why the list stops at nine. I won't force extra trades.

Session and news risk

London opens 08:00 GMT. The US and Canada are on bank holidays today (Veterans Day and Remembrance Day), so there is no US or Canadian data and New York liquidity will be thin. ECB President Lagarde speaks at 09:45 GMT: no new EUR entries from 09:30 to 10:15 GMT. German final CPI is at 07:00 GMT (final print, low impact). On the USD and CAD pairs, no new entries after 14:00 GMT. Any setup that has not triggered is off at 16:00 GMT. UK GDP is out tomorrow at 07:00 GMT, so the pound ideas do not carry overnight.

Exposure: USDJPY, EURUSD and AUDUSD are long the dollar, GBPUSD is short it. CADJPY is short the Canadian dollar. EURUSD and EURGBP are both short the euro. The two gold ideas are a range pair, sell zone 4066 to 4075 and buy zone 4028 to 4034: never hold both. Do not stack them at full size.

Execution discipline

Entries only come from an ArcisX signal inside the zone. Spread, slippage and fees affect realised results. Results are tracked in pips and points. Not financial advice.

For the full daily trade list and rules based trading, visit arcistrade.tech.