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The GBP/USD pair began the new week with a moderate tone following last week's gains and is currently holding confidently above the key psychological level of 1.3400. At the same time, the mixed fundamental backdrop calls for caution among bullish traders. The U.S. dollar is struggling to build on its Friday rebound amid expectations of further Federal Reserve rate cuts later this year. In addition, economic risks — linked to the prolonged U.S. government shutdown, ongoing global trade tensions, and signs of weakness in the U.S. economy — are forcing dollar bulls to adopt a defensive stance. Meanwhile, disappointing UK labor market data, published last week, have reinforced speculation that the Bank of England may continue its gradual rate-cutting cycle. Furthermore, concerns over the UK's fiscal situation, ahead of the important autumn budget announcement in November, are weighing on the British pound, and consequently, on the GBP/USD pair. This environment calls for caution among traders positioned for further pound strength, as well as readiness for potential volatility. From a technical standpoint, oscillators on the daily chart have not yet entered positive territory, suggesting traders should be careful when opening new long positions. However, on the 4-hour chart, oscillators are in positive territory, and prices are trading above both the 100-SMA and the 9-EMA, confirming a bullish outlook in the near term. On Monday, no significant economic publications are expected from either the UK or the U.S., leaving the GBP/USD pair mainly influenced by the dollar's overall market dynamics. The material has been provided by InstaForex Company - www.instaforex.com

Overview: The foreign exchange market is quiet, and the US dollar is slightly softer against most of the G10 currencies, though the Australian and Canadian dollar are struggling. Most emerging market currencies are also firmer. The market seems optimistic that the US-China trade tensions can de-escalate with Beijing re-assigning Li Chenggang who apparently annoyed the US and was called out by US Treasury Secretary Bessent. China's Q3 GDP was broadly in line with expectations with a 1.1% quarterly advance that saw the first decline in non-property investment since the pandemic. Benchmark 10-year yields are mostly higher today. France was downgraded by S&P before the weekend and its 10-year yield is up 2-3 bp today, while the rest of the eurozone yields are half as much, including Italy, which was upgraded. The 10-year US Treasury yield is firmer but around 4.01% is still its trough. Equities are in rally-mode. A new alliance in Japan means that the LDP's Takaichi will be the next prime minister. The Nikkei rally nearly 3.4%. Mainland companies that trade in Hong Kong saw their shares jump 2.45%. Taiwan and South Korea indices rally 1.4%-1.7%. Europe's Stoxx 600, which lost nearly 1% before the weekend, is up nearly 0.65% in later morning turnover. US index futures are extending their pre-weekend gains. Gold stabilized. After dumping nearly 1.75% before the weekend, it is up about 0.25% to around $4262, having been up to $4275 earlier today. December WTI is little changed in about a $0.40 range on either side of $57. USD: The Dollar Index recovered from a push to almost 98.00 before the weekend to 98.55 and slightly above 98.65 today. The (50%) retracement of last week's losses is around 98.75. President Trump has made three demands as talks with China continue ahead of the 100% tariff he threatened ahead of the November 10 end of the current "trade truce". These include not using its rare earths leverage against the US, for Beijing to buy US soybeans, and to stop fentanyl. Meanwhile, the absence of government data continues to be felt, and especially now as Fed officials enter a communications blackout period ahead of next week's FOMC meeting. The market, judging by the pricing in the Fed funds futures, is confident of a rate cut and one more before the end of the year. Tomorrow, the Philadelphia Fed non-manufacturing survey is due. Recall that its manufacturing survey jumped to 10.7 from -8.7. The highlight of the week is the September CPI. An exception had been made for its importance in setting the cost-of-living adjustments, including Social Security. The headline rate is expected to rise to 3.1% (from 2.9%). The last time the year-over-year rate fell was April. The core rate is expected to be steady at 3.1%. EURO: The euro was turned back from almost $1.1725, its best level in more than a week, before the weekend as US stocks stabilized and a few regional banks’ earnings were embraced by the market. It is pinned in a narrow range, a little less than a quarter of a cent below $1.1675 and holding (albeit barely) above last Friday's lows. Initial support may be in the $1.1630-40 area. EMU reported an11.9 bln euro current account surplus in August, the smallest since April 2023. It was 23.3 bln euros in August 2024. The year-to-date current account surplus is a little less than 200 bln euros. In the year-ago period, it was almost 295 bln euros. Even if one knew the direction of the current account balance would move, it would not have helped anticipate the euro's appreciation this year. The ECB expects the euro area's current account surplus to edge down to 2.4% of GDP this year from 2.7% in 2024. It forecasts a 2.5% surplus in 2026 and 2027. CNY: The dollar traded on both sides of Thursday's range against the offshore yuan ahead of the weekend but settled well within its range. The CNH7.12-CNH7.15 range was frayed a little at the ne end of the week on an intraday basis but still remained intact on a settlement basis. The greenback has been confined to a narrow range between about CNH7.1225-CNH7.1290 today. The PBOC set the dollar's reference rate lower in the last three sessions last week and Friday's was set at a new low for the year (CNY7.0949). Today's was set at CNY7.0973. Today is an important political and economic day in China. The Fourth Plenary Session of the Chinese Communist Party began. Discussions about the next five-year plan and personnel decisions are announced. It takes place with a backdrop of a reported purge of senior military officials and, of course, the elevated Sino-American trade tensions. In what seems to be a move meant to appease American critics, China has replaced Li Changgang, the international trade representative who Treasury Secretary Bessent called out and said was "unhinged". Coming out of the meetings, Xi may feel especially ready to meet President Trump on the sidelines of the upcoming APEC meeting that is held October 31-November 1. The highlight of the economic news is that China reported its economy grew by 1.1% in Q3 quarter-over-quarter for 4.8% year-over-year. The details were not inspiring. Retail sales slowed sequentially on both a year-over-year and year-to-date basis. Industrial output from 6.5% year-over-year (5.2% in August). New and used home prices continued to grind lower. Property investment and residential property sales continue to contract. Fixed asset investment fell by 0.5%, the first decline since the pandemic. JPY: The dollar was initially sold to a nine-day low near JPY149.40 before the weekend. It recovered to post new session highs near JPY150.60, aided, arguably, by the backing up of US interest rates. The dollar may have recorded a bullish hammer Japanese candlestick, and follow-through buying lifted it to JPY151.20 today before sellers reemerged and drove the greenback slightly through JPY150.30 in the European morning. Japan's LDP formed an alliance with Japan's Innovation Party (Ishin) and that assures that Takaichi Sanae will become the first woman prime minister. Ishin sought a temporary holiday for the sales tax on food, stricter rules on political fundings, and a smaller Diet. GBP: Sterling posted an outside day before the weekend but the close was little changed, ostensibly neutralizing the technical tone. Still, the price action looks mildly constructive, provided the $1.3380 area remains intact. Sterling stalled at the end of last week near $1.3470. The $1.3485-90 area capped sterling on October 3, and 6-7. It also holds the (50%) retracement of the sell-off since the Fed's cut on September 17. Sterling is in a narrow range of less than half-of-a-cent above $1.3400. With a light calendar today, the Gilt-sensitive government's budget balance tomorrow poses headline risk. The September CPI is due in the middle of the week and retail sales and the flash PMI at the end of the week. As this week begins, the market is pricing in around a 12% chance of a rate cut next week and about a 40% chance of a cut by the end of the year. The current base rate target is 4%. The implied rate in the swaps market for the middle of next year is almost 3.50%, the lowest since early August. CAD: The US dollar recorded an outside down day against the Canadian dollar before the weekend and fell below CAD1.4020 for the first time in four sessions. It made a marginal new five-day low today, slightly above CAD1.40, where options for almost $720 mln expire today. While the price action is encouraging, it may take a break of CAD1.3960 to boost confidence that a high is in place. The Bank of Canada's Q3 business survey will be released today. The markets typically do not respond much to it. This may be especially true now, ahead of tomorrow's CPI, and in market that leans slightly toward another rate cut despite the strong jobs report at the start of the month. By playing down the significance of the underlying core inflation readings and suggesting it is really lower, the central bank has signaled the inflation report will not stand in the way of its decision. AUD: Ahead of the weekend, the Australian dollar successfully tested last week's low (~$0.6640), which was the low since August 22. It recovered to poke above $0.6500 in the waning hours of last week's activity and saw $0.6515 earlier today. Options for about A$340 mln at $0.6500 expire today. It must overcome the $0.6535 to boost the technical tone. Despite trading below the October 10 low ($0.6475) in three sessions, it settled above it without fail last week. Australia's economic diary is practically non-existent until the preliminary PMI at the end of the week. Last week's disappointing jobs report and the heightened US-Chinese tensions the Australian dollar no favors. The futures market has a little more than 50% chance of a cut is discounted next month. It was slightly less than 33% at the end of September but reached 70% after the employment data. MXN: When it looked like a risk-off day before the weekend, the dollar rose to a three-day high against the Mexican peso, a little above MXN18.55. As the US equity market found firmer footing, risk appetites were rekindled, the dollar was sold to around MXN18.3650. It made a marginal new low today near XN18.3620. Last week’s low was recorded on October 16 near MXN18.3565. The US dollar's broad direction and risk-appetites may drive the peso in the first part the week. This week's data is concentrated on Wednesday (IGAE surveys) and Thursday (retail sales and first half of October CPI). Disclaimer

John Bollinger, the inventor of Bollinger Bands and a figure whose occasional crypto market calls carry outsized weight, says Ethereum and Solana are tracing potential “W” bottoms—while Bitcoin is not. In a post on X on October 18, Bollinger wrote: “Potential ‘W’ bottoms in Bollinger Band terms in ETHUSD and SOLUSD, but not in BTCUSD. Gonna be time to pay attention soon I think.” Ethereum And Solana Price: What To Watch Now The emphasis on “Bollinger Band terms” is doing heavy lifting here. In classic Bollinger taxonomy, a W bottom is a two-trough reversal with the second low holding above the first, often accompanied by a volatility signature that includes a prior band expansion, subsequent contraction, and a failure to register a lower low at the bands on the second leg. The more robust versions see the second low forming inside the bands or with a positive divergence against the lower band, followed by a band “pinch” and a move through the middle band that transitions into an upper-band walk. Bollinger’s phrasing—“potential” and “time to pay attention”—signals that, in his framework, pattern recognition precedes confirmation, and that the validation trigger lies in subsequent price interaction with the middle and upper bands rather than in the raw shape of the price lows alone. The rarity of Bollinger’s crypto commentary layered urgency onto the signal. As crypto trader Satoshi Flipper (@SatoshiFlipper) stressed, “John Bollinger, creator of Bollinger Bands, makes barely 1 crypto call per year and hasn’t made one for ETH in 3 years until yesterday. And each call he makes goes on to mark generational bottoms. He just told us SOL + ETH have bottomed, now imagine fading this legend.” The same account detailed that Bollinger’s last notable Ethereum call dates to September 9, 2022, noting that ETH “went on to pump from $1,290 to $4,000.” That historical reference captures the prevailing market psychology: Bollinger’s infrequent, technically disciplined alerts are perceived by many traders as cycle-defining. Context from earlier this year also helps frame the setup. On April 10, Bollinger publicly flagged a similar structure in Bitcoin, saying: “Classic Bollinger Band W bottom setting up in BTCUSD. Still needs confirmation.” In the exact same week, BTC carved out a bottom at $74,508 and proceeded to log seven straight green weekly candles, advancing roughly 55%. From Bollinger’s call into the first week of October, BTC rallied more than 70%. The market nuance in Bollinger’s latest readout is the explicit exclusion of Bitcoin. If ETHUSD and SOLUSD are printing W-like structures in Bollinger terms while BTCUSD is not, it implies a temporary decoupling in volatility structure and relative strength. In practical terms, a non-confirming Bitcoin can either lag into a later confirmation, remain range-bound in a mid-band churn, or fail its own setup if lower-band interactions persist without recapture of the middle band. For Ethereum and Solana, confirmation would typically look like sustained closes above the 20-period moving average (the Bollinger middle band), followed by a disciplined advance that converts the upper band from resistance into a guide. A healthy W bottom sequence tends not to produce immediate, vertical band overthrows; rather, it builds a stair-step profile with periodic mid-band checks that hold. Failure would involve another lower-band excursion that undercuts the second trough or a volatility bloom that widens the bands without directional follow-through—both signatures of an incomplete base. At press time, ETH traded at $4,037.

There is a revolution happening in Wall Street’s guidance to investors on how to structure their portfolios—and it involves gold. Longstanding traditions are being upended as the U.S. Treasury bond market is losing favor as a safe haven. Instead, experts are pointing to gold as it’s replacement. The Morgan Stanley chief investment officer recently recommended a 60/20/20 portfolio that includes 20% gold is a more resilient hedge. Major Wall Street Icons Urging Americans to Increase Gold Allocation It’s not just Morgan Stanley. Billionaire Ray Dalio and founder of Bridgewater, one of the world’s largest hedge funds, recommends that everyday investors allocate as much as 15% of their portfolios to gold. Jeffrey Gundlach, known as Wall Street’s “Bond King” notably pointed to gold as his top investment idea today and said that investors allocating as much as 25% of their portfolios was “not excessive.” These are just a few of the major Wall Street icons urging investors to add more gold to their portfolios in 2025. The 60/40 Stock/Bond Portfolio Can’t Protect Your Wealth as National Debt Balloons The reason? The 60/40 portfolio is letting investors down. You may remember the dismal double-digit losses for both stocks and bonds in 2022. The 60/40 portfolio did not provide investors with any protection from a stock market crash. Bottom line? A portfolio of stocks and bonds is no longer sufficient to protect and grow your assets in today’s changing climate. Government debt numbers are climbing, not falling, leading J.P. Morgan’s chief global strategist David Kelly to put it bluntly: America is “going broke.” The U.S. currently owes more than $37.8 trillion with interest on the debt topping $1.2 trillion. So, the U.S. is creating more paper money and printing more debt, and when a government floods the system with paper money, gold increases in value, while the paper money falls in value. That’s exactly what we are seeing today. The U.S. dollar is down; gold is up big. The takeaway for investors? Today is the time to make portfolio moves. Kelly said: “There is a danger that political choices lead to a faster deterioration in the federal finances, leading to a backup in long-term interest rates and a lower dollar. Based on current allocations and valuations alone, many investors should likely consider diversifying their portfolios by adding alternative assets and international stocks. The risk that we move from going broke slowly to going broke quickly adds an important reason to make this move today.” The Global Shift Away from the U.S. Dollar Impacts Treasuries What’s more the bond market simply isn’t working as a hedge against stocks like it used to. One reason is that there isn’t as much global demand for U.S. dollar denominated assets like there used to be. Global central banks used to be major buyers of U.S. Treasuries as they put their dollar reserves into U.S. debt. The U.S. dollar’s role, however, has become less central to the global economy. Over the past 11 years, central banks have stopped adding to their foreign exchange reserves. The U.S. dollar’s share of central bank global reserves, while still big, has shrunk to 58% from two-thirds a decade ago. Notably, in this same period, global central banks have been major buyers of gold. More Inflation Ahead? Inflation has yet to be vanquished and with concerns about the Federal Reserve retaining independence, there are rising worries that inflation could rise not fall in the years ahead. Notably, the 60/40 portfolio performed dismally during the 1970’s Great Inflation period. From 1973-1974, the 60/40 portfolio delivered -11.95% return. Gold, meanwhile, surged 69% in that period, according to Morningstar Direct. Getting Started As you look to rebalance your portfolio, consider decreasing your exposure to bonds (which have largely been a losing asset) and increase your exposure to gold. The 60/20/20 stock/bond/gold portfolio is already becoming the new normal, and this gold rally has farther to go. Goldman Sachs recently upgraded it’s 2026 gold forecast to $4,900 an ounce. Societe Generale recently wrote in a research note that “Gold’s ascent to $5000 seems increasingly inevitable.” Bank of America recently hiked its 2026 forecast for gold to $5,000. If you buy gold today, and the precious metal climbs to $5,000 next year, you’d lock in a 21% gain from current levels. Gold offers a proven hedge against inflation, paper currency devaluation, and geopolitical risks that can disrupt other asset classes. If you act today, you not only will protect your wealth but also position yourself to benefit from more upside in the gold rally ahead. Don’t wait for stock market conditions to worsen—seize the opportunity today to enhance your portfolio’s resilience and secure long-term growth with an increased allocation to gold. The post Move on Over 60/40 Stock Bond Portfolio: Wall Street Embraces 60/20/20 Portfolio Using Gold As Hedge appeared first on Blanchard and Company.

There is a revolution happening in Wall Street’s guidance to investors on how to structure their portfolios—and it involves gold. Longstanding traditions are being upended as the U.S. Treasury bond market is losing favor as a safe haven. Instead, experts are pointing to gold as it’s replacement. The Morgan Stanley chief investment officer recently recommended a 60/20/20 portfolio that includes 20% gold is a more resilient hedge. Major Wall Street Icons Urging Americans to Increase Gold Allocation It’s not just Morgan Stanley. Billionaire Ray Dalio and founder of Bridgewater, one of the world’s largest hedge funds, recommends that everyday investors allocate as much as 15% of their portfolios to gold. Jeffrey Gundlach, known as Wall Street’s “Bond King” notably pointed to gold as his top investment idea today and said that investors allocating as much as 25% of their portfolios was “not excessive.” These are just a few of the major Wall Street icons urging investors to add more gold to their portfolios in 2025. The 60/40 Stock/Bond Portfolio Can’t Protect Your Wealth as National Debt Balloons The reason? The 60/40 portfolio is letting investors down. You may remember the dismal double-digit losses for both stocks and bonds in 2022. The 60/40 portfolio did not provide investors with any protection from a stock market crash. Bottom line? A portfolio of stocks and bonds is no longer sufficient to protect and grow your assets in today’s changing climate. Government debt numbers are climbing, not falling, leading J.P. Morgan’s chief global strategist David Kelly to put it bluntly: America is “going broke.” The U.S. currently owes more than $37.8 trillion with interest on the debt topping $1.2 trillion. So, the U.S. is creating more paper money and printing more debt, and when a government floods the system with paper money, gold increases in value, while the paper money falls in value. That’s exactly what we are seeing today. The U.S. dollar is down; gold is up big. The takeaway for investors? Today is the time to make portfolio moves. Kelly said: “There is a danger that political choices lead to a faster deterioration in the federal finances, leading to a backup in long-term interest rates and a lower dollar. Based on current allocations and valuations alone, many investors should likely consider diversifying their portfolios by adding alternative assets and international stocks. The risk that we move from going broke slowly to going broke quickly adds an important reason to make this move today.” The Global Shift Away from the U.S. Dollar Impacts Treasuries What’s more the bond market simply isn’t working as a hedge against stocks like it used to. One reason is that there isn’t as much global demand for U.S. dollar denominated assets like there used to be. Global central banks used to be major buyers of U.S. Treasuries as they put their dollar reserves into U.S. debt. The U.S. dollar’s role, however, has become less central to the global economy. Over the past 11 years, central banks have stopped adding to their foreign exchange reserves. The U.S. dollar’s share of central bank global reserves, while still big, has shrunk to 58% from two-thirds a decade ago. Notably, in this same period, global central banks have been major buyers of gold. More Inflation Ahead? Inflation has yet to be vanquished and with concerns about the Federal Reserve retaining independence, there are rising worries that inflation could rise not fall in the years ahead. Notably, the 60/40 portfolio performed dismally during the 1970’s Great Inflation period. From 1973-1974, the 60/40 portfolio delivered -11.95% return. Gold, meanwhile, surged 69% in that period, according to Morningstar Direct. Getting Started As you look to rebalance your portfolio, consider decreasing your exposure to bonds (which have largely been a losing asset) and increase your exposure to gold. The 60/20/20 stock/bond/gold portfolio is already becoming the new normal, and this gold rally has farther to go. Goldman Sachs recently upgraded it’s 2026 gold forecast to $4,900 an ounce. Societe Generale recently wrote in a research note that “Gold’s ascent to $5000 seems increasingly inevitable.” Bank of America recently hiked its 2026 forecast for gold to $5,000. If you buy gold today, and the precious metal climbs to $5,000 next year, you’d lock in a 21% gain from current levels. Gold offers a proven hedge against inflation, paper currency devaluation, and geopolitical risks that can disrupt other asset classes. If you act today, you not only will protect your wealth but also position yourself to benefit from more upside in the gold rally ahead. Don’t wait for stock market conditions to worsen—seize the opportunity today to enhance your portfolio’s resilience and secure long-term growth with an increased allocation to gold. The post Move on Over 60/40 Stock Bond Portfolio: Wall Street Embraces 60/20/20 Portfolio Using Gold As Hedge appeared first on Blanchard and Company.

US-China trade talks spark market uneaseDuring the US-China trade negotiations, Donald Trump outlined three core demands: restrictions on rare earth metals, control over fentanyl, and increased purchases of soybeans. Rising tensions are once again putting the fragile trade truce at risk, with investor sentiment turning cautious ahead of the outcome. Analysts note that any sharp statements from either side could trigger volatility in equity and commodity markets. Follow the link for details. Upward trend persists despite political uncertaintyDespite a negative week for the S&P 500 index, investors continue to allocate capital into US equity funds, signaling that the broader upward market trend remains intact. The decline in the index has been exacerbated by political uncertainty and the escalating trade war with China. Experts believe that the current environment is creating opportunities for short-term speculation against a backdrop of heightened volatility. Follow the link for details. Equity markets rise amid post-talk optimismUS equity indices, including the S&P 500 and Nasdaq, closed higher due to improved sentiment following negotiations between the US and China. However, economists warn of deep-rooted structural issues in trade relations that may hinder the prospects of achieving long-term resolutions. Investors continue to monitor key economic indicators to assess how trade policy may impact corporate earnings. Follow the link for details. As a reminder, InstaForex offers the best conditions for trading stocks, indices, and derivatives, helping traders effectively capitalize on market volatility. The material has been provided by InstaForex Company - www.instaforex.com

Asia Market Wrap - Nikkei Rises 3.4% Most Read: Silver (XAG/USD) Technical Outlook: Silver Price Consolidates Ahead of Next Move. Where to Next? Asian stock markets surged to record highs on Monday, fueled by a renewed sense of optimism over cooling trade tensions and positive political news from Japan. The broad regional stock index climbed 1.7%, with markets anticipating gains in the US and Europe. Japan's stock market soared to a new record high after the announcement of a coalition deal that is expected to lead to higher government spending. The deal included specific plans, such as a 10% reduction in the number of lawmakers. This anticipation of pro-stimulus policies boosted investor confidence, weakening the yen and causing the blue-chip Nikkei share index to climb by 3.4% at the close Even with data released today showing that Chinese economic growth has slowed to its lowest pace in a year, investors in Chinese stocks largely overlooked the deceleration, focusing instead on the hope for trade de-escalation between the US and China. China Economy Remains Resilient China's economy showed better-than-expected growth in the third quarter, signaling that the government is confident in achieving its economic goals. Official data released on Monday indicated that the economy grew by 1.1% compared to the previous quarter, which was better than expected. Factory production (industrial output) also performed strongly, rising 6.5%. Although the overall annual growth rate of 4.8% was the slowest seen in a year, this result means China is still on track to meet its official annual growth target of around 5%. By releasing these figures, Beijing is sending a clear message that its current policies are effective and the country is capable of reaching its major economic development goals. European Session - European Stocks Led Higher by Bank, Defense Stocks European stocks opened strongly on Monday, gaining nearly 1%, led by a significant rebound in the banking and defense sectors. The main STOXX 600 index for Europe rose by 0.9%. Banks, which had suffered a 2.5% drop on Friday due to concerns about loan problems at US regional lenders, saw a strong bounce back, rising 1.6%. Similarly, the aerospace and defense sector climbed 2.1%, recovering from a fall triggered by news of a planned peace summit for the war in Ukraine. In company news: Gucci owner Kering jumped 4.2% after agreeing to sell its beauty business to L'Oreal.Cement maker Holcim rose 1.4% after announcing it would acquire German company Xella.Swedish defense firm Saab gained 3.1% after securing a contract for artillery radar in Spain.However, French car parts supplier Forvia lost 6% after reporting a drop in its third-quarter sales.The positive market sentiment occurred despite data showing that German producer prices (a measure of wholesale inflation) fell more than expected in September. On the FX front, the Australian dollar rose on Monday, boosted by positive signals from its top trading partner, China. The Japanese yen initially weakened against the dollar, which climbed as much as 0.4% to 151.20, because investors were confident that pro-stimulus candidate Sanae Takaichi would become Japan's next prime minister after securing key political support. However, this weakness quickly faded after a central bank official, Hajime Takata, reiterated his call to raise interest rates, which strengthened the yen. Elsewhere, the Australian dollar gained 0.3%, the euro saw a small gain of 0.1%, while the British pound edged down 0.1%. China's currency, the yuan, remained largely unchanged. Currency Power Balance zoom_out_map Source: OANDA Labs Oil prices dropped on Monday, extending their recent losses, as investors worried about a global oversupply of oil and the threat of weaker demand due to trade tensions and a slowing economy. The international benchmark, Brent crude futures, fell by 0.86% to $60.76 a barrel, while US crude, West Texas Intermediate (WTI) futures, dropped by 0.96% to $56.99. Both contracts erased gains from Friday and continued a pattern of decline, having dropped more than 2% last week for their third straight weekly loss. This persistent downturn is partly fueled by forecasts from the International Energy Agency (IEA) predicting a growing surplus of oil supply in 2026. Oil prices dropped again on Monday, continuing their third straight weekly decline, as worries about a huge global oversupply of oil combined with lower demand forecasts due to US-China trade friction. International benchmark Brent crude fell by 0.86% to $60.76 a barrel, and US crude, WTI, dropped by 0.96% to $56.99, erasing gains from Friday. Gold prices edged slightly higher on Monday, maintaining their record-high levels, while silver attempted a small recovery after a sharp drop on Friday. Spot gold rose 0.1% to $4,254.59 per ounce, and US gold futures climbed 1.3%. Silver prices rose 0.2%, recovering slightly after plunging 4.4% on Friday, the same day it had hit a new record high of $54.47. Read More: Silver (XAG/USD) Technical Outlook: Silver Price Consolidates Ahead of Next Move. Where to Next?Gold (XAU/USD) rallies to all-time highs of $4218 on trade tremors and rate cut expectations - Potential targets and price forecastEUR/JPY Forecast: Support at 175.00 Holds the Key to Immediate Bullish ContinuationEconomic Calendar and Final Thoughts The most important issue for financial markets right now is the unstable relationship between the US and China, particularly ahead of two critical dates. Presidents Trump and Xi are scheduled to meet around October 29-31 at the APEC summit in Korea, just before the November 10th deadline when US tariffs on Chinese goods are set to jump significantly if no agreement is reached. Markets do appear more upbeat at the start of this week that a deal may be reached between the US and China. Later in the day markets will brace for Canadian PPI data and a few ECB policymakers speaking which could stoke some volatility. For more information on the week ahead, read Markets Weekly Outlook - Tesla, Netflix Earnings, US CPI and China's Five-Year Plan in Focus as US-China Tensions Simmer zoom_out_map For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Chart of the Day - FTSE 100 Index From a technical standpoint, the FTSE 100 has broken back above the 200-day MA on Friday with the index eyeing a potential test of the 100-day MA at 9433. A break above the 100-day MA is needed if the FTSE is to continue its advance today. The RSI period-14 is hovering just below the 50 level which says that bearish momentum is still in play. A break above could be a sign that momentum is shifting to the bulls. Immediate support rests at 9357 before the 9338 and 9285 handles come into focus. Immediate resistance rests at 9433 before the 9500 and 9550 handles come into focus. FTSE 100 Index Daily Chart, October 20. 2025 zoom_out_map Source: TradingView.com (click to enlarge) Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Finally the crypto market is showing signs of a steady recovery as BTC .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px solid #008868 !important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { background-color: transparent !important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) { stroke: #A90C0C !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px solid #A90C0C; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { color: #A90C0C !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px solid #A90C0C !important; } Bitcoin BTC $111,206.65 1.28% Bitcoin BTC Price $111,206.65 1.28% /24h Volume in 24h $51.87B Price 7d Today’s market recovery reflects a blend of macro optimism and renewed technical strength. Whether this uptrend can hold will depend on Friday’s CPI data. There are no live updates available yet. Please check back soon! The post [LIVE] Crypto News Today, October 20 – Why Is Crypto Up Today? Market Recovers as Bitcoin Reclaims $110K and Ethereum $4K: Best Crypto to Buy? appeared first on 99Bitcoins.

On Friday, the EUR/USD pair rebounded from the 38.2% Fibonacci retracement level at 1.1718, turned in favor of the U.S. dollar, and fell to the support zone 1.1645–1.1656. A rebound from this zone would work in favor of the European currency, resuming growth toward 1.1718. If the pair consolidates below the 1.1645–1.1656 level, it will increase the likelihood of continued decline toward the next Fibonacci retracement level at 61.8% (1.1594). The wave pattern on the hourly chart remains simple and clear. The last upward wave broke above the previous peak, while the last completed downward wave failed to break below the previous low. Thus, the trend has now shifted to bullish. Recent labor market data, changed FOMC monetary policy expectations, new U.S. aggression toward China, and the ongoing government shutdown all support the bullish side. On Friday, there were no strong reasons for bullish traders to retreat. However, Donald Trump slightly softened his rhetoric toward China, stating that the two countries might soon sign a trade agreement. The market immediately reacted with a surge of optimism. Let me remind you that Trump has been pressuring China throughout 2025. Tariff rates on imports keep changing — they rise, then fall. The U.S. president constantly alternates between announcing negotiations and increasing tariffs, effectively nullifying any progress made in earlier discussions. At this point, there is no trade deal, despite Trump talking about it for several months. What actually exists is an escalating trade war that grows worse by the day. China continues to respond blow for blow, while the U.S. reacts to every Chinese move as an act of hostility or disrespect. There is no end in sight to this conflict. I believe another escalation — or even a complete breakdown of relations between Beijing and Washington — is far more likely than a trade deal by the end of 2025. Thus, I see no reason to buy the dollar, especially amid a bullish trend. On the 4-hour chart, the pair consolidated above 1.1680 and the downward trend channel after forming a bullish divergence on the CCI indicator. Therefore, the upward movement may continue toward the next Fibonacci retracement level at 161.8% (1.1854). This is yet another factor in favor of bullish traders and the decline of the U.S. dollar. No new emerging divergences are observed today on any indicator. Commitments of Traders (COT) Report: During the last reporting week, professional traders closed 789 long positions and opened 2,625 short positions. Despite this, the sentiment of the "Non-commercial" group remains bullish, largely thanks to Donald Trump, and continues to strengthen over time. The total number of long positions held by speculators is now 252,000, while short positions amount to 138,000 — nearly a twofold difference. Also, note the large number of green cells in the table above, which indicate strong growth in positions favoring the euro. In most cases, interest in the euro is increasing, while interest in the dollar is declining. For 33 consecutive weeks, large traders have been reducing short positions and increasing long positions. Donald Trump's policies remain the most significant factor for traders, as they may cause long-term structural problems for the U.S. economy. Despite the signing of several trade agreements, many key economic indicators continue to show decline. Economic Calendar for the U.S. and the Eurozone: October 20: The economic calendar contains no significant events. Thus, the news background will not influence market sentiment on Monday. EUR/USD Forecast and Trading Recommendations: Sell positions were possible after a rebound from 1.1718 on the hourly chart with a target at 1.1656 (target reached). New sales can be considered after closing below the 1.1645–1.1656 level, targeting 1.1594. Buy positions can be considered today after a rebound from the 1.1645–1.1656 level, targeting 1.1718. Fibonacci grids are constructed as follows: On the hourly chart — between 1.1392 and 1.1919On the 4-hour chart — between 1.1214 and 1.0179The material has been provided by InstaForex Company - www.instaforex.com

What to Know: $SOL is pushing to $250 following a 16-second mysterious teaser by Solana Foundation on X, announcing something coming today The community believes the devs hint at the Solana debit card The Solana ecosystem outpaced all other blockchains in terms of fee revenue, daily transactions, and daily users Snorter Token’s ($SNORT) $5.1M presale ends in just five hours, as predictions attach an 843% ROI to $SNORT by the end of 2025 $SOL is on a green arc to $250 after gaining 4.21% in the last 24 hours and climbing. The main catalyst for the surge is Solana Foundation’s teaser, announcing something big coming October 20. The Star Wars-inspired video only lasts 16 seconds and only features the Solana log and the date 10.20.2025. The community immediately went to work to predict what the reveal will be about and most point at the Solana card. $SOL needed the hype if we go by last week’s performance, which saw the coin dropping from $211 to $175 in a span of just three days. We’re back at $194 at the time of writing in the middle of a sustained push that could take $SOL to $250 and beyond if momentum holds. This is bullish for Snorter Token’s ($SNORT) $5.1M presale which is set to end in less than six hours. Can $SOL Reach $250 by the End of 2025? The market is bullish for Solana right now and the community believes $SOL will reach another ATH this Q4. Analyst Ali, one of the loudest pro-$SOL voices on X, hints at a $210 price tag soon, based on $SOL’s chart pattern. With $210 out of the way, the next pit stop could be $250 before another consolidation phase around the $220 mark. Unless the momentum holds and the coin goes even higher, which it might. Grayscale’s recent report, calling Solana ‘crypto’s financial bazaar’, could be one of the main catalysts for Q4’s $SOL. The report assesses Solana’s market performance over the last five years and notices an interesting trend: Solana is growing fast. So fast, in fact, that it blows all other blockchains out of the water. Despite a market cap of $128.4B, third in line after Ethereum’s $549.4B and BNB’s $160.5B, Solana has 10 times the daily transaction volume of BNB and almost 70 times that of Ethereum. These numbers grew massively over the last year, according to another Grayscale report. The 2024 figures recorded a market cap of $78.3B and 27,297 daily transactions, highlighting a massive growth rate in the span of just 12 months. The blockchain’s fee revenue also jumped from $207.7 to $2,247 during that same timeframe, which, together with the 4x daily transaction volume boost between 2024 and 2025, suggests high user participation. In other words, the Solana ecosystem is growing fast and, according to Grayscale, we have three reasons for that: The first is the average transaction fee of just $0.02, or $0.001 during 2025 thanks to Solana limiting fee competition to ‘specific in-demand applications’ The second is Solana’s ‘depth and diversity in its on-chain activity’ to levels unmatched by other blockchains, as Grayscale explains Finally, we have the Alpenglow upgrade that seeks to replace TowerBFT and drop Solana’s finality times from the 12-13-second range to as low as 100-150 milliseconds This creates an extremely bullish context for Solana, which could support $SOL’s marathon to $250 and beyond by the end of the year. This brings us to Snorter Token’s $5.1M presale which is set to end in just a few hours. Last Chance to Buy Your $SNORT Before It Reaches DEXs Snorter Token ($SNORT) is reaching the end of its $5.1M presale with just 5 hours and 40 minutes left on the clock at the time of writing. If you want to buy $SNORT at its presale price, it’s either now or never. But what is Snorter Token? Snorter Token fuels the Snorter ecosystem and the ravenous Aardvark, who packs a serious appetite for hot tokens. This is the Snorter Bot, the coin hunter specialized in sniffing and sniping the hottest prospects on the market in milliseconds after liquidity appears. Snorter Bot is the answer to all of the problems associated with manual coin hunting: risky, suboptimal, and technically overloaded. The Bot simplifies the process by centralizing its activity in the Telegram chat, eliminating the need for multiple wallets and browser extensions. It also keeps your funds safe thanks to its integrated scam detectors, which protect against honeypots and rug pulls. With fees of 0.85%, Snorter Bot is the cheapest of any trading bot at launch, making it great for low-capital beginner traders. The presale reached an impressive $5,188,804.58 at the time of writing, showcasing the investors’ confidence in its utility and meme potential. But should you buy in and will $SNORT pop? Based on the project’s specs, as detailed in the whitepaper, and the community support behind it, our price prediction for $SNORT puts the token at $1.02 by the end of 2025. By 2030, the coin could reach $1.50 or higher, especially if the ecosystem sees mainstream adoption. But even if you’re not interested in a 5-year investment strategy, buying $SNORT right now at the presale price of $0.1081 could reward you with an 843% ROI by the end of the year, which is two months away. So, whether you want to diversify your long-term portfolio or simply target a quick two-month snipe, $SNORT is still available for 5 more hours. This isn’t financial advice. Do your own research (DYOR) before investing. Authored by Aaron Walker, NewsBTC: https://www.newsbtc.com/news/sol-rally-250-snorter-token-presale-ends-today

The ZRO price is under intense market scrutiny today as LayerZero crypto prepares for one of its most significant token unlock events yet, releasing over 24.7M ZRO tokens (worth roughly ~$41M) into circulation on October 20, 2025. With crypto markets already fragile, analysts warn that this could trigger long-term volatility, potentially leading to a sharp decline in ZRO’s value. The unlock represents nearly 23% of the current circulating supply, raising fears of a significant supply shock that may overwhelm buy-side liquidity if large holders begin to sell. Market Cap 24h 7d 30d 1y All Time What Is LayerZero and Why Is It Such a Big Deal in Crypto? LayerZero is a cross-chain interoperability protocol that connects over 50 blockchains, enabling seamless asset transfers and communication between networks. It’s designed to power DeFi, NFT, and gaming ecosystems by replacing centralised bridges with secure, efficient on-chain messaging. (Source – layerzero) The project’s native token, .cwp-coin-chart svg path { stroke-width: 0.65 !important; } .cwp-coin-widget-container .cwp-graph-container.positive svg path:nth-of-type(2) { stroke: #008868 !important; } .cwp-coin-widget-container .cwp-coin-trend.positive { color: #008868 !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.positive { border: 1px solid #008868; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.positive::before { border-bottom: 4px solid #008868 !important; } .cwp-coin-widget-container .cwp-coin-price-holder .cwp-coin-trend-holder .cwp-trend { background-color: transparent !important; } .cwp-coin-widget-container .cwp-graph-container.negative svg path:nth-of-type(2) { stroke: #A90C0C !important; } .cwp-coin-widget-container .cwp-coin-popup-holder .cwp-coin-trend.negative { border: 1px solid #A90C0C; border-radius: 3px; } .cwp-coin-widget-container .cwp-coin-trend.negative { color: #A90C0C !important; background-color: transparent !important; } .cwp-coin-widget-container .cwp-coin-trend.negative::before { border-top: 4px solid #A90C0C !important; } LayerZero ZRO $1.74 1.93% LayerZero ZRO Price $1.74 1.93% /24h Volume in 24h $37.16M Price 7d Moreover, LayerZero’s unlock calendar is public and predictable, which allows the market to price in future releases. Transparency and consistent communication could help steady sentiment and attract opportunistic buyers once the dust settles. DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025 What Does the Technicals Say About LayerZero’s Price Pre Unlock? On daily time frame we can see that ZRO price have reclaimed the $1.63 support line after the October 10, 2025 flash crash. Furthermore price have been consolidating under the resistance of 200 EMA and SMA lines forming big descending triangle pattern. This creates a resistance around $2.2 price level. (Source – TradingView) On 4 hour time frame we can see that RSI indicator is creating hidden bullish divergence and MACD already flipped positive. A parallel channel suggest that from here price can push for $2.5 acting as sell the news event. We can see that past couple of days volume is over the average which usually form a bottom or top. (Source – TradingView) If ZRO price manage to regain the $2.5 region it means the next resistance is at $3.5 which will leave traders with hefty 100% gains. DISCOVER: 10+ Next Crypto to 100X In 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways More than $41M will be released today in the biggest ZRO token unlock. Is this going to be “sell the news” event or price going to dip further? The post Analyst Signals Alarm For LayerZero: $40M ZRO Unlock Could Devastate ZRO Price – Here’s Why appeared first on 99Bitcoins.

After finishing up its crash over the weekend, the Bitcoin price seems to be stabilizing as market sentiment starts to move positively once again. However, this has not done much to eliminate the bearish expectations that have erupted following the October 10 liquidation event. As opposed to the expectations that the Bitcoin price will see a recovery bounce that sends it to new all-time highs, crypto pundit MMBTrader has revealed what they call the ‘Whale Buy Zone’ to snap up some ‘cheap’ Bitcoin. Wait For The Bitcoin Price To Crash Below $90,000 Presently, the Bitcoin price is still trending above $100,000 and has held this psychological level even through the multiple crashes that have rocked the crypto market. This constitutes an over 10% crash from the $126,000 all-time high that was recorded back in early October. Despite the decline below $108,000, crypto analyst MMBTrader tells investors that this may not be the best time to actually buy the cryptocurrency. Instead, they advise that investors wait to buy ‘cheap’ Bitcoin at the levels when the whales will be likely to start buying the cryptocurrency again. This whale buy zone is placed below $90,000 and could be as low as $87,000 before support is established. The reasoning behind this is that the Bitcoin price will be trending near the 0.38 and 0.5 Fibonacci levels, which is historically when the Bitcoin price corrections have usually ended. From here, the price is likely to start moving upward with all of the whale buying boosting its momentum. Newer traders entering the market are expected to actually panic and sell their tokens for a between 15% and 40% loss before exiting the market. Then, the Bitcoin price is likely to pump after these weak hands have exited, and the analyst expects that BTC will then put in a new all-time high around $130,000-$140,000. Once this happens, then the newer traders who exited are expecting to start FOMO buying again, with the cycle expected to repeat itself. At this point, investors who bought below $90,000 will be seeing a notable profit on their investments. Stay Sharp And Stick To A Strategy Amid all of this, the crypto analyst advises investors to stick to their strategy and strict risk management when trading cryptocurrencies. The Bitcoin price often moves based on market news, but it is hard to tell what direction each news would take the price in, and it is best to stick to the established strategy long before the news and to set stop loss and take profit levels. MMBTrader also advises about panic buying and selling due to news. Instead, focus on having a good mindset regardless of how a trade goes. This is regardless of whether a trade ended in a win or a loss; it is important to maintain the right mindset.

On the hourly chart, the GBP/USD pair on Friday rebounded from the 76.4% Fibonacci retracement level at 1.3460 (red dashed line), reversed in favor of the U.S. dollar, and fell toward the 50.0% Fibonacci level at 1.3387, according to the updated Fibonacci grid. A rebound from 1.3387 worked in favor of the British pound, leading to renewed growth toward 1.3460. Today, another rebound from this level may again allow traders to expect a slight decline in quotes, while a consolidation above it will increase the likelihood of continued growth toward the next corrective level of 100.0% (1.3526). The wave pattern has shifted to a bullish configuration almost in a single day. The last completed downward wave broke the previous low, but the latest upward wave also broke the previous peak. The news background in recent weeks has been negative for the U.S. dollar, yet bullish traders have not taken advantage of this to push higher. Now they are starting to spread their wings. On Friday, there was no significant news from either the UK or the U.S., but this week several reports are expected that deserve attention. The most important of these is the U.S. Consumer Price Index (CPI), which continues to influence the FOMC's monetary policy. In recent months, inflation in the U.S. has been rising, which may restrain the Federal Reserve's dovish impulses. At the same time, there is no new data on the labor market or unemployment. The FOMC is already set on continuing its monetary easing, so inflation is unlikely to affect decisions before the end of the year — but it may play a bigger role later on. Today, Monday, there will be no significant news background, so trading will have to rely solely on graphical analysis. In my view, pressure on the dollar will persist, as the U.S. government shutdown situation remains unresolved, and the U.S.–China conflict continues. The negotiations scheduled for November may not take place or may end without results. China is not willing to blindly follow Trump's ultimatums, so I believe a new escalation of the trade war is more likely than a trade deal. On the 4-hour chart, the pair turned in favor of the British pound after forming a bullish divergence on the CCI indicator and rose toward the 100.0% Fibonacci retracement level at 1.3435. A rebound from this level would allow traders to expect a reversal in favor of the U.S. dollar and a moderate decline toward 1.3339. A consolidation above this level will increase the probability of continued growth toward the next 127.2% Fibonacci level at 1.3795. No new divergences are currently observed on any indicators. Commitments of Traders (COT) Report: The sentiment of the "Non-commercial" trader category became more bullish during the last reporting week. The number of long positions held by speculators increased by 3,704, while the number of short positions decreased by 912. The gap between longs and shorts now stands at approximately 85,000 vs. 86,000, showing that bullish traders are once again tipping the scales in their favor. In my opinion, the British pound still faces some downside potential, but with each passing month, the U.S. dollar looks weaker and weaker. Previously, traders were worried about Donald Trump's protectionist policies, unsure of their long-term impact. Now, however, they are beginning to fear the consequences of those policies: a possible recession, the constant introduction of new tariffs, and Trump's conflict with the Federal Reserve, which could make the regulator politically dependent on the White House. Thus, the British pound now appears far less vulnerable than the U.S. currency. Economic Calendar for the U.S. and the U.K.: October 20: The economic calendar contains no significant events. The information background will not influence market sentiment on Monday. Forecast for GBP/USD and Trading Recommendations: Sell positions: Possible after a rebound from 1.3460 on the hourly chart, targeting 1.3419–1.3425 and 1.3387. Buy positions: Could be considered after a rebound from 1.3387, or after closing above the 1.3419–1.3425 zone, with a target at 1.3460. A consolidation above 1.3460 will allow traders to hold long positions with a target at 1.3526. Fibonacci grids are built as follows: On the hourly chart — from 1.3526 to 1.3247On the 4-hour chart — from 1.3431 to 1.2104The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis This week, from the level of 1.3429 (the closing price of the last weekly candle), the price may begin moving downward toward 1.3141 — the 38.2% retracement level (red dashed line). Upon testing this level, the price may retrace upward toward 1.3270 — the historical support level (blue dashed line). Fig. 1 (Weekly Chart) Comprehensive Analysis:Indicator analysis — downwardFibonacci levels — downwardVolume — downwardCandlestick analysis — downwardTrend analysis — downwardBollinger Bands — downwardMonthly chart — downwardOverall conclusion: During the week, the GBP/USD price is most likely to follow a downward trend, forming a black weekly candle with a first upper shadow (Monday — upward movement) and a second lower shadow (Friday — upward movement). Alternative Scenario: From the level of 1.3429 (the closing price of the last weekly candle), the price may begin moving downward toward 1.3369 — the historical support level (blue dashed line). Upon reaching this level, the price may move upward toward 1.3389 — the 23.6% retracement level (red dashed line). The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis (Fig. 1)This week, from the level of 1.1650 (the closing price of the last weekly candle), the market may begin a downward movement with the target at 1.1488 — the historical support level (blue dashed line). Upon testing this level, the price may retrace upward toward 1.1538 — the 38.2% retracement level (blue dashed line). Fig. 1 (Weekly Chart) Comprehensive Analysis:Indicator analysis — downwardFibonacci levels — downwardVolume — downwardCandlestick analysis — downwardTrend analysis — downwardBollinger Bands — downwardMonthly chart — downwardConclusion from comprehensive analysis: Downward movement. Overall summary for the EUR/USD weekly candle calculation: During the week, the price is most likely to follow a downward trend, forming a black weekly candle with a first upper shadow (Monday — upward movement) and a second lower shadow (Friday — upward movement). Alternative Scenario: From the level of 1.1650 (the closing price of the last weekly candle), the pair may begin a downward movement toward 1.1447 — the 50% retracement level (blue dashed line). Upon testing this level, the price may start moving upward toward 1.1498 — the historical support level (blue dashed line). The material has been provided by InstaForex Company - www.instaforex.com

We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts of exchange rates of the US dollar, euro, ruble, bitcoin, and other currencies for today, tomorrow and this trading week.Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful when making decisions about entering the market. Before the release of important reports, it is best to stay out of the market to avoid being caught in sharp market fluctuations due to increased volatility. If you decide to trade during the news release, then always place stop orders to minimize losses. Without placing stop orders, you can very quickly lose your entire deposit, especially if you do not use money management and trade large volumes. For successful trading, you need to have a clear trading plan and stay focues and disciplined. Spontaneous trading decision based on the current market situation is an inherently losing strategy for a scalper or daytrader. #instaforex #analysis #sebastianseliga The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis (Fig. 1)On Monday, from the level of 1.3425 (the closing price of Friday's daily candle), the market may begin an upward movement toward 1.3476 — the 38.2% retracement level (blue dashed line). Upon testing this level, the price may begin a downward movement toward 1.3432 — the 50% retracement level (yellow dashed line). Fig. 1 (Daily Chart) Comprehensive Analysis:Indicator analysis — upwardFibonacci levels — upwardVolume — upwardCandlestick analysis — upwardTrend analysis — upwardBollinger Bands — upwardWeekly chart — upwardOverall conclusion: Upward trend. Alternative Scenario: From the level of 1.3425 (the closing price of Friday's daily candle), the price may begin an upward movement toward 1.3432 — the 50% retracement level (yellow dashed line). Upon reaching this level, a downward movement is possible toward 1.3408 — the historical resistance level (blue dashed line). The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis (Fig. 1)On Monday, from the level of 1.1650 (the closing price of Friday's daily candle), the market may begin an upward movement with the target at 1.1710 — the 23.6% retracement level (red dashed line). Upon reaching this level, a downward movement is possible toward 1.1686 — the 38.2% retracement level (yellow dashed line). Fig. 1 (Daily Chart) Comprehensive Analysis:Indicator analysis — upwardFibonacci levels — upwardVolume — upwardCandlestick analysis — upwardTrend analysis — upwardBollinger Bands — upwardWeekly chart — upwardOverall conclusion: Upward trend. Alternative Scenario: From the level of 1.1650 (the closing price of Friday's daily candle), the price may begin an upward movement toward 1.1689 — the historical resistance level (blue dashed line). Upon reaching this level, a corrective downward move is possible toward 1.1765 — the 50% retracement level (blue dashed line). The material has been provided by InstaForex Company - www.instaforex.com

GBP/USD Brief Analysis: The current upward wave structure of the British pound's main pair has been developing since the beginning of the year. Within the wave structure, a complex correction in the form of an extended horizontal flat has been forming since late June. The correction structure has entered its final phase, but as of the time of analysis, no signs of completion have appeared. Weekly Forecast: During the upcoming week, the pair's price is expected to move within the channel between the nearest opposing zones. At the start of the week, a bullish direction is more probable. Pressure on the calculated resistance zone is possible, including a brief breakout above its upper limit. Toward the end of the week, the likelihood of a directional reversal and the start of a decline increases. Potential Reversal Zones Resistance: 1.3490 / 1.3540Support: 1.3220 / 1.3170Recommendations: Sell: Possible after reversal signals appear near the resistance zone, using a fractional volume for intraday trading.Buy: Possible within individual sessions using a reduced volume size.AUD/USD Brief Analysis: The Australian dollar's major pair continues moving "north" on the price chart. The current incomplete downward segment has been developing since late September. Within it, over the past ten days, the price has been forming a flat correction that remains unfinished as of the time of analysis. Quotes are near the upper boundary of a strong support zone. Weekly Forecast: In the next couple of days, the pair's price is expected to move sideways, forming conditions for a trend reversal. Pressure on the support zone is possible. A reversal can be expected closer to the end of the week. A move above the calculated resistance zone within the coming week is unlikely. Potential Reversal Zones Resistance: 0.6550 / 0.6600Support: 0.6460 / 0.6410Recommendations: Buy: Will become relevant after confirmed reversal signals appear near the support zone.Sell: High-risk, potentially unprofitable.USD/CHF Brief Analysis: The current wave structure of the Swiss franc's major pair is directed upward. It began on April 11 and has been developing mostly within a sideways plane. On the larger daily chart, this segment represents a reversal of the previous trend. Quotes are moving within a horizontal price channel. Weekly Forecast: At the beginning of the upcoming week, the sideways movement is likely to continue. A decline toward the support zone is possible. Closer to the weekend, the probability of a reversal and a resumption of price growth increases. The resistance zone aligns with the lower boundary of the potential reversal zone on the 4-hour time frame. Potential Reversal Zones Resistance: 0.8080 / 0.8130Support: 0.7850 / 0.7800Recommendations: Sell: Can be used for short-term trading with a reduced volume size.Buy: Will become possible after reversal signals appear near the support zone on your trading systems.EUR/JPY Brief Analysis: Since late February of this year, the direction of the euro/yen pair has been defined by an upward wave. Within its structure, during the final part (C), an intermediate correction has been forming for the past two weeks. Throughout this period, the price has been moving sideways within the boundaries of a large-scale potential reversal zone. Weekly Forecast: At the start of the upcoming week, the pair's price is expected to continue its sideways movement along the calculated support boundary. Afterwards, a reversal and the beginning of price growth can be expected. The resistance zone marks the most probable upper boundary of the pair's weekly range. Potential Reversal Zones Resistance: 179.50 / 180.00Support: 175.00 / 174.50Recommendations: Sell: No potential.Buy: Will become relevant after confirmed reversal signals appear near the support zone.#Ethereum Brief Analysis: As a result of a multi-month uptrend, Ethereum's price has reached the boundaries of a wide large-scale potential reversal zone. Since late summer, quotes have been declining from an intermediate resistance level. Within this movement, the final part (C) has been developing in a sideways pattern over recent weeks. Weekly Forecast: Throughout the coming week, Ethereum's price is expected to move within the channel between opposing zones. Early in the week, a sideways trend is likely, with a possible upward vector. A reversal and resumption of the decline may occur closer to the weekend. A breakout of the calculated zones within the week is unlikely. Potential Reversal Zones Resistance: 3870.00 / 3970.00Support: 3600.00 / 3500.00Recommendations: Sell: Will become relevant after confirmed reversal signals appear near the resistance zone.Buy: Risky, with low potential.Notes: In simplified wave analysis (SWA), all waves consist of three parts (A–B–C). In each time frame, the analysis focuses on the last, incomplete wave. Expected movements are shown with dashed lines. Attention: The wave algorithm does not take into account the duration of price movements over time! The material has been provided by InstaForex Company - www.instaforex.com

As of the previous Friday's close, major US equity indices posted gains: the S&P 500 rose by 0.53%, the Nasdaq 100 advanced by 0.52%, and the Dow Jones Industrial Average climbed by 0.52%. The upward momentum continued into Monday, supported by easing trade concerns and improved market sentiment following recent volatility tied to US regional banking worries. European and Asian markets followed suit, with the Stoxx Europe 600 gaining 0.6%—led by banking stocks—and the MSCI Asia-Pacific Index jumping by 1.8%. The emerging markets stock index added 1.4%. French sovereign bonds declined after S&P Global Ratings downgraded the country's credit rating. US Treasuries also fell across the curve, pushing the 10-year yield up one basis point to 4.02%. Gold held steady, while oil prices dropped, extending losses into a third consecutive week. Investor sentiment improved after US President Donald Trump signaled a willingness to de-escalate trade tensions with China, against a backdrop of stress in US regional bank lending. A new round of US-China trade talks is scheduled this week in Malaysia, where Treasury Secretary Scott Bessent and Vice Premier He Lifeng are expected to discuss ways to prevent further escalation. While markets have responded positively to the prospect of dialogue, skepticism remains over the likelihood of a long-term agreement. Economists caution that structural trade issues, such as intellectual property and market access, will not be resolved in a single round. Still, any moderation in rhetoric and openness to compromise is viewed as supportive for global growth and supply chain stability. Notably, Trump recently highlighted rare earth metals, fentanyl, and soybeans as key friction points in the US-China relationship. Regarding France, which I mentioned earlier, rating agency S&P Global Ratings downgraded the country from AA- to A+, stating that the nation's fiscal uncertainty has increased. Within just one month, France has lost its AA rating from two of the three major credit assessors, potentially forcing some funds with ultra-strict investment criteria to sell the country's bonds. Meanwhile, Middle East tensions are escalating again. Israel struck Hamas in the Gaza Strip and reportedly suspended all humanitarian aid shipments on Sunday, accusing Hamas of orchestrating a deadly ambush that killed two soldiers. As for the S&P 500's technical picture, buyers' main task today will be to overcome the nearest resistance level of $6,697. This would demonstrate strength and open the possibility of a push toward the $6,711 mark. An equally important priority for bulls will be maintaining control above $6,727, which would strengthen buyers' positions. In case of a downward movement amid reduced risk appetite, buyers must assert themselves around $6,682. A break below this level would quickly push the trading instrument back to $6,672 and open the path toward $6,660. The material has been provided by InstaForex Company - www.instaforex.com

EUR/USD Analysis: Within the framework of the dominant bullish trend on the euro chart, a counter-wave has been developing since late August, which remains within the bounds of a correction. At the time of analysis, the structure of this wave is incomplete. Its middle part (B) is nearing completion. The price has bounced off strong resistance. Forecast: In the coming week, after a period of consolidation, the downward vector is expected to continue. In the first few days, a brief rise is possible, with potential pressure on the upper resistance zone. Afterwards, a reversal and resumption of the bearish course of the euro are anticipated. Potential Reversal Zones Resistance: 1.1720 / 1.1770 Support: 1.1580 / 1.1530 Recommendations: Sell: After reversal signals appear near the resistance area on your trading systems. Buy: Low potential, high risk. USD/JPY Analysis: The dominant upward wave that started in April has brought the pair into a powerful potential reversal zone on the higher time frame. Wave structure analysis shows that a downward segment with reversal potential began about a decade ago. If confirmed, this would signal a change in the short-term trend. Prices are currently squeezed between strong opposing levels. Forecast: The start of the upcoming week is expected to be in a sideways range, with price movement along the support zone. Pressure on this zone is possible, including a brief decline below its lower boundary. In the second half of the week, a trend reversal, increased volatility, and a rise in the pair's price are expected. Potential Reversal Zones Resistance: 154.60 / 155.10 Support: 150.00 / 149.50 Recommendations: Buy: After confirmed reversal signals appear near the support zone. Sell: No suitable conditions in the current market. GBP/JPY Analysis: The incomplete section of the dominant upward trend in the GBP/JPY pair has been developing since September 11. The price has reached the lower boundary of a large-scale potential reversal zone. Within the final segment of the wave, a corrective structure with reversal potential has been forming over the past week. Forecast: In the coming week, the price is expected to continue moving within the corridor between the nearest opposing zones. Early in the week, pressure on the support zone is possible, followed by a reversal and upward movement. The price rise may continue up to the resistance boundaries. Potential Reversal Zones Resistance: 205.30 / 205.80 Support: 201.20 / 200.70 Recommendations: Sell: Possible with reduced volume size for intraday trading. Buy: After confirmed reversal signals appear near the support zone on your trading systems. USD/CAD Analysis: The short-term price direction of the Canadian dollar has been defined by a downward trend since February of this year. In mid-June, quotes reached the upper boundary of a major potential reversal zone. Since then, the pair has been forming an incomplete corrective wave, now in its final phase. Forecast: At the beginning of the upcoming week, continued sideways movement is expected, possibly with a decline along the support level. Then, a reversal and resumption of the pair's upward course are anticipated. The rise may continue up to the calculated resistance zone. Potential Reversal Zones Resistance: 1.4160 / 1.4210 Support: 1.3900 / 1.3850 Recommendations: Buy: After reversal signals appear near the support zone on your trading systems. Sell: Risky, with low potential. NZD/USD Brief Analysis: Since April, the daily time frame of the New Zealand dollar has been in an upward wave. Over the past three months, however, the pair has been moving mainly downward. The current incomplete correction wave began on July 1. After breaking another strong support level last week, the pair has formed an unfinished horizontal pullback. Weekly Forecast: At the beginning of the coming week, the NZD is expected to continue its sideways movement, with possible pressure on the resistance zone. A reversal is likely later in the week, with the price decline expected toward the support zone. Potential Reversal Zones Resistance: 0.5760 / 0.5810 Support: 0.5630 / 0.5580 Recommendations: Sell: After confirmed reversal signals appear near the resistance zone. Buy: Risky and potentially unprofitable. GOLD Analysis: The price trend of gold over the past two years has been defined by an upward wave. Since mid-August, an incomplete section of the main trend has been developing upward. At the end of last week, the price bounced off the upper boundary of a broad weekly-scale potential reversal zone. The current downward segment has reversal potential. Forecast: In the coming week, the decline that began last week is expected to continue. The most probable completion area of the decline lies near the calculated support level. Afterwards, a reversal and resumption of the upward course are expected. The weekly rise is limited by the calculated resistance zone. Potential Reversal Zones Resistance: 4280.0 / 4300.0 Support: 4180.0 / 4160.0 Recommendations: Buy: Limited potential, may be risky. Sell: Premature until confirmed reversal signals appear on your trading systems. Notes: In simplified wave analysis (SWA), all waves consist of three parts (A–B–C). In each time frame, the analysis focuses on the last, incomplete wave. Expected movements are shown with dashed lines. Attention: The wave algorithm does not take into account the duration of movements over time! The material has been provided by InstaForex Company - www.instaforex.com

Bitcoin and Ethereum have shown a notable rebound over the past day. Bitcoin, for example, rose from $106,000 to $111,300, indicating a renewed appetite for risk assets. One of the catalysts for renewed buying was the softening of Donald Trump's rhetoric toward China and ongoing trade tensions—the very issue that triggered last week's widespread sell-off. However, it's important to note that the recovery of the cryptocurrency market is taking place amid persistent global economic uncertainty. Much will depend on the outcome of upcoming trade negotiations between the United States and China, as well as the actions of central banks regarding monetary policy. It is worth recalling that the U.S. Federal Reserve is expected to lower interest rates at the end of this month, which could further support the cryptocurrency market. Lower interest rates typically lead to a weaker U.S. dollar, making alternative assets like cryptocurrencies more attractive to investors. Additionally, lower rates stimulate economic activity and investment, which may increase demand for cryptocurrencies as portfolio diversification tools and inflation hedges. However, it's important to recognize that the cryptocurrency market is influenced by a wide range of factors, and the Fed's decision is only one of them. Geopolitical risks, regulatory developments, technological breakthroughs, spot ETF inflows, and investor sentiment all play significant roles in shaping cryptocurrency prices. Therefore, while a rate cut from the Fed could positively impact the market, investors should exercise caution and consider all relevant factors when making investment decisions. As for intraday strategy in the cryptocurrency market, I plan to continue relying on strong intraday pullbacks in Bitcoin and Ethereum with the expectation that the medium-term bull market remains intact. Details of the short-term trading strategy are outlined below: BitcoinBuy ScenariosScenario 1: I plan to buy Bitcoin today upon reaching the entry point near $111,600 with a target at $112,700. Around $112,700, I'll exit the buy trade and immediately open a short position on the pullback.Before buying the breakout, make sure the 50-day moving average is below the current price and the Awesome Oscillator is in positive territory.Scenario 2: Bitcoin can also be bought from the lower boundary at $110,700 if there is no sustained market reaction to a breakout, with an upside target of $111,600 and $112,700.Sell ScenariosScenario 1: I plan to sell Bitcoin today from the entry point at $110,700 with a target of $109,600. Around $109,600, I'll exit the short position and open a buy on the bounce.Before selling the breakout, ensure that the 50-day moving average is above the current price and the Awesome Oscillator is in negative territory.Scenario 2: Bitcoin can also be sold from the upper boundary at $111,600 if there is no sustained market reaction to the breakout, with targets at $110,700 and $109,600. EthereumBuy ScenariosScenario 1: I plan to buy Ethereum today upon reaching the entry point near $4,089 with a target at $4,155. Around $4,155, I'll exit the buy trade and immediately short on the pullback.Before buying the breakout, confirm that the 50-day moving average is below the current price and the Awesome Oscillator is in positive territory.Scenario 2: Ethereum can also be bought from the lower boundary at $4,042 if there is no reaction to a breakdown, with upside targets at $4,089 and $4,155.Sell ScenariosScenario 1: I plan to sell Ethereum today from the entry point at $4,042 with a target of $3,967. Around $3,967, I'll exit the short trade and open a buy on the bounce.Before selling the breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is in negative territory.Scenario 2: Ethereum can also be sold from the upper boundary at $4,089 if there is no reaction to the breakout, with downside targets at $4,042 and $3,967.The material has been provided by InstaForex Company - www.instaforex.com

Review of Forex Trades and Trading Advice on the Japanese YenA test of the 149.97 level occurred at a time when the MACD indicator had already moved significantly above the zero mark, which limited the pair's upside potential. The U.S. dollar regained part of its ground against the Japanese yen; however, the overall trend remains in favor of yen strength. The fact that the Federal Reserve plans to continue aggressively cutting interest rates puts pressure on the dollar and supports demand for the yen, which is currently of particular interest to traders. Considering the macroeconomic situation in the United States and statements from the Federal Reserve, the dollar is unlikely to regain lost ground in the long term. The absence of fresh U.S. economic data due to the ongoing government shutdown is adding to market uncertainty. Meanwhile, the yen continues to attract investor interest as a safe-haven asset amid global instability. Overall, the outlook for the USD/JPY pair remains bearish and is largely dependent on numerous factors, including the monetary policy stance of the Federal Reserve and the Bank of Japan, the economic situation in both countries, and political risks surrounding Japan's new prime minister. For intraday trading, I plan to rely primarily on Scenarios 1 and 2. Buying ScenariosScenario 1: I plan to buy USD/JPY today upon reaching the entry point around 150.74 (green line on the chart), targeting a rise to 151.27 (thick green line on the chart). Near the 151.27 area, I intend to exit long positions and open shorts in the opposite direction, aiming for a 30–35 pip corrective movement from that level. It's best to return to buying the pair during corrections and on significant pullbacks. Note: Before buying, make sure that the MACD indicator is above the zero mark and just beginning to rise from it. Scenario 2: I also plan to buy USD/JPY today if there are two consecutive tests of the 150.50 level while the MACD is located in the oversold zone. This setup will likely limit downside potential and trigger a reversal to the upside. Expected targets are 150.74 and 151.27. Selling ScenariosScenario 1: I plan to sell USD/JPY only after a breakout below 150.50 (red line on the chart), which could trigger a rapid decline in the pair. The key target for sellers will be the level of 150.02, where I plan to exit shorts and immediately open long positions in the opposite direction, aiming for a 20–25 pip bounce. The higher the sell entry, the better. Note: Before selling, confirm that the MACD is below the zero mark and just beginning to decline. Scenario 2: I will also consider selling USD/JPY today if the price tests the 150.74 level twice in a row while the MACD is in overbought territory. This restricts the pair's upside potential and could lead to a reversal downward. Expected targets are 150.50 and 150.02. Chart Key:Thin green line – entry price for buying the instrumentThick green line – expected price level to place Take Profit or manually lock in profit, beyond which further growth is unlikelyThin red line – entry price for selling the instrumentThick red line – expected price level to place Take Profit or manually lock in profit, beyond which further decline is unlikelyMACD indicator – always refer to overbought or oversold zones before entering the marketImportant Notice for Beginner Traders: Beginner Forex traders must be extremely cautious when entering the market. It is best to stay out of the market before the release of important fundamental reports to avoid sharp price moves. If you choose to trade during news events, always place stop-loss orders to minimize losses. Without stop-loss protection, you risk quickly losing your entire deposit—especially if you lack proper money management and use large trade volumes. Always remember that successful trading requires a clear trading plan, such as the one presented above. Making spontaneous trading decisions based on the current market situation is a losing strategy for intraday traders. The material has been provided by InstaForex Company - www.instaforex.com

Review of Forex Trades and Trading Advice on the British PoundA test of the 1.3425 level occurred at a time when the MACD indicator had already moved significantly below the zero mark, which limited the pair's downside potential. For this reason, I did not sell the pound. A rebound buy at 1.3394, which I mentioned in my forecast for the second half of the day, yielded about 25 pips of profit. No economic data is expected from the UK today, meaning GBP/USD retains the potential for further growth. However, traders should pay close attention to global factors influencing currency pair dynamics. In particular, investor attention will be focused on news from the United States. Additionally, the geopolitical landscape continues to significantly influence markets. Any signs of escalating conflicts or tightening of sanctions may lead to heightened volatility and a reassessment of risk. In terms of technical analysis, GBP/USD is showing signs of consolidation near current levels. A breakout above key resistance levels may pave the way for further growth, while a break below support levels could trigger a correction. For intraday strategy, I will mainly rely on the implementation of Scenarios 1 and 2. Buying ScenariosScenario 1: I plan to buy the pound today upon reaching the entry point around 1.3430 (green line on the chart), with a target at 1.3453 (thick green line on the chart). At 1.3453, I plan to exit long positions and open shorts in the opposite direction, aiming for a 30–35 pip move from that level. Buying the pound today should only be considered in continuation of the current uptrend. Note: Before buying, make sure the MACD indicator is above the zero mark and just beginning to rise from it. Scenario 2: I also plan to buy the pound today if there are two consecutive tests of the 1.3416 level while MACD is in the oversold zone. This setup limits the pair's downside potential and could trigger a reversal upward. Expected targets are 1.3430 and 1.3453. Selling ScenariosScenario 1: I will look to sell the pound after a breakout below 1.3416 (red line on the chart), which may cause a rapid decline in the pair. The key target for sellers will be 1.3390, where I plan to exit shorts and immediately open long trades in the opposite direction, aiming for a 20–25 pip rebound. Pound sellers are likely to act cautiously. Note: Before selling, confirm that the MACD is below the zero mark and just beginning to move downward. Scenario 2: I also plan to sell the pound today if there are two consecutive tests of the 1.3430 level while the MACD is in the overbought zone. This setup limits the pair's upward potential and could lead to a market reversal downward. Expected downside targets are 1.3416 and 1.3390. Chart Key:Thin green line – entry price for buying the instrumentThick green line – expected price level to place Take Profit or manually lock in profit, beyond which further growth is unlikelyThin red line – entry price for selling the instrumentThick red line – expected price level to place Take Profit or manually lock in profit, beyond which further decline is unlikelyMACD indicator – always refer to overbought or oversold zones before entering the marketImportant Notice for Beginner Traders: Beginner Forex traders must be extremely cautious when entering the market. It is best to stay out of the market before the release of important fundamental reports to avoid sharp price moves. If you choose to trade during news events, always place stop-loss orders to minimize losses. Without stop-loss protection, you risk quickly losing your entire deposit—especially if you lack proper money management and use large trade volumes. Always remember that successful trading requires a clear trading plan, such as the one presented above. Making spontaneous trading decisions based on the current market situation is a losing strategy for intraday traders. The material has been provided by InstaForex Company - www.instaforex.com

Review of Forex Trades and Trading Advice on the EuroThe price test at 1.1684 occurred when the MACD indicator had already deviated significantly below the zero mark, which limited the pair's downside potential. For this reason, I did not sell the euro. A bounce buy at 1.1658 allowed me to secure around 15 pips of profit. Friday's eurozone inflation data did not significantly aid the euro's growth. Focus now shifts to Germany's Producer Price Index and the European Central Bank current account balance. In addition, a speech by Germany's central bank president, Joachim Nagel, is scheduled. An increase in German producer prices often precedes a rise in consumer prices, which in turn affects the ECB's monetary policy. These figures are expected to provide insight into the state of Germany's manufacturing sector and future inflation dynamics. The ECB's current account balance reflects the difference between incoming and outgoing financial flows from the eurozone's current transactions. A positive balance indicates stronger exports and investment inflows. This data helps evaluate the eurozone's competitiveness and its structural strengths or imbalances. Weak data may temporarily pressure the euro. A speech by Bundesbank President Joachim Nagel traditionally draws market attention. His remarks on current economic conditions, inflation expectations, and ECB monetary policy can significantly influence the euro's exchange rate and trader sentiment. Market participants will closely analyze any hints of upcoming policy changes based on fresh economic reports. Regarding intraday strategy, I plan to follow primarily Scenarios 1 and 2. Buying ScenariosScenario 1: I will consider buying the euro at around 1.1677 (green line on the chart) with a target of 1.1703. I plan to exit the market near 1.1703 and initiate a short position in the opposite direction, expecting a 30–35 pip correction from the entry point. Note: Before buying, ensure the MACD indicator is above the zero mark and just beginning to rise from it. Scenario 2: I'll also buy the euro if there are two consecutive tests of the 1.1653 level, while MACD is in the oversold zone. This setup limits the euro's downside potential and may trigger an upward reversal. Target levels are 1.1677 and 1.1703. Selling ScenariosScenario 1: I plan to sell the euro once it reaches the 1.1653 level (red line on the chart), aiming for a decline to 1.1625. I'll then look to buy again at that level, expecting a reverse movement of 20–25 pips. Weak data could renew pressure on the pair. Note: Before selling, confirm the MACD is below zero and just beginning its downward move. Scenario 2: I will also sell in case of two consecutive tests of the 1.1677 level while the MACD is in the overbought zone. This limits upside potential and could signal a reversal downward. Expected downside levels are 1.1653 and 1.1625. Chart Key:Thin green line – entry price for buying the instrumentThick green line – expected price level to place Take Profit or manually lock in profit, beyond which further growth is unlikelyThin red line – entry price for selling the instrumentThick red line – expected price level to place Take Profit or manually lock in profit, beyond which further decline is unlikelyMACD indicator – always refer to overbought or oversold zones before entering the marketImportant Notice for Beginner Traders: Beginner Forex traders must be extremely cautious when entering the market. It is best to stay out of the market before the release of important fundamental reports to avoid sharp price moves. If you choose to trade during news events, always place stop-loss orders to minimize losses. Without stop-loss protection, you risk quickly losing your entire deposit—especially if you lack proper money management and use large trade volumes. Always remember that successful trading requires a clear trading plan, such as the one presented above. Making spontaneous trading decisions based on the current market situation is a losing strategy for intraday traders. The material has been provided by InstaForex Company - www.instaforex.com