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To most people, nickels represent pocket change worth five cents. But in April 2008, a single 1926-S Buffalo nickel sold for $322,000 at auction. This was no coincidence, but rather a reflection of the coin’s exceptional rarity and condition. The 1926-S Buffalo nickel is the rarest regular-issue coin in the entire series, with fewer than 1,000 examples surviving today in all grades combined. While some Buffalo nickels trade for face value, others command astronomical premiums. This guide reveals which dates to look for, their key traits, and the history behind their rarity. What Makes the Buffalo Nickel Special The Buffalo nickel series combines artistic achievement with inherent design ‘flaws’ that created both beauty and rarity. Watch this brief video to understand how these coins became some of America’s most distinctive currency. Fraser’s art James Earle Fraser’s Native American portrait and American bison design replaced the Liberty Head nickel’s classical female profile. Fraser, commissioned to create distinctly American imagery, used living Native American chiefs as models – Iron Tail of the Lakota and Two Moons of the Cheyenne – rather than idealized fictional figures. The reverse featured Black Diamond, an actual bison from New York’s Central Park Zoo. This marked the first time U.S. coinage depicted real American subjects and wildlife instead of mythological goddesses and eagles, creating what Fraser called “truly American” money. Image: Historical photograph of Iron Tail, one of the Native American chiefs used as a model for Fraser’s Buffalo Nickel design, shown alongside the coin’s obverse. Source: Dime Library The date problem Unlike previous nickels where dates were recessed and protected, Fraser placed the Buffalo nickel’s date in raised relief on the Indian’s shoulder, i.e. one of the coin’s highest points. This positioning made the date the first element to contact surfaces during circulation, causing it to wear away quickly. Within just a few years of use, millions of Buffalo nickels became completely dateless. This design flaw created an unintended rarity scale: coins with sharp, fully readable dates now command significant premiums over their worn counterparts. While Buffalo nickel no date specimens have limited collector value, they represent a fascinating aspect of the series’ design challenges. Image: Worn Buffalo Nickel showing completely missing date due to circulation wear on the raised relief design. Source: NGC Short series, big impact Unlike series that ran for decades, Buffalo nickel production lasted only 25 years (1913-1938). This compressed timeline created natural scarcity, especially for low-mintage issues from the San Francisco and Denver mints. The 1926-S: King of Buffalo Nickels Low mintage, poor survival rates, and decades of collector pursuit have made the 1926-S the undisputed king of Buffalo nickels. Image: 1926-S Buffalo Nickel obverse and reverse, the key date rarity with only 970,000 minted, showing “S” mint mark. Source: PCGS Rarity facts By 1926, the Buffalo nickel series was winding down, with most mints reducing production significantly. The San Francisco Mint produced only 970,000 Buffalo nickels in 1926, compared to 119,001,420 Philadelphia pieces struck that same year. This makes the 1926-S nearly 123 times scarcer than its common counterpart from the start. Survival rates Numismatists estimate fewer than 1,000 examples survive in all grades combined today. Most circulated heavily on the West Coast during the late 1920s and 1930s, with the majority lost to pocket change or melted during metal drives. The typical survivor shows significant wear, with sharp specimens representing perhaps 1-2% of the original mintage. Grade sensitivity With so few 1926-S examples surviving, even minor condition differences create dramatic value gaps. A coin that retains sharp design details commands exponentially more than one with worn features. This grade sensitivity exceeds that of common Buffalo nickels, where moving up one or two grade levels might double the value. For the 1926-S, the same grade improvement can increase value by ten times or more. Complete Key Date Breakdown Beyond the legendary 1926-S, the Buffalo nickel series contains multiple dates that command significant premiums. The Big Four Semi-Keys (1924-D, 1924-S, 1925-D, 1925-S) These four dates represent another tier of Buffalo Nickel rarities, each produced during the series’ declining years when mint output dropped significantly. The 1924-S proves scarcest with only 1,437,000 pieces minted, followed by the 1925-D at 4,450,000, the 1924-D at 5,258,000, and the 1925-S at 6,256,000. While these mintages seem substantial compared to the 1926-S, survival rates remain low due to heavy West Coast and Mountain West circulation patterns that wore most specimens down to Good or Very Good condition. Denver mint examples from this period often show characteristic weak strikes, particularly in the bison’s shoulder and the Native American’s hair details. San Francisco pieces typically display better overall sharpness but can suffer from die polish lines in the fields. Collectors should examine the area below “FIVE CENTS” carefully, as genuine mint marks show proper depth and positioning that distinguish them from common Philadelphia issues or altered specimens. The 1935 Semi-Keys (1935-D and 1935-S) 1935-D Production and Characteristics The Denver Mint struck 12,092,000 Buffalo nickels in 1935, representing a significant drop from earlier 1930s production levels. Denver coins from this year show distinctive die polish lines in the fields and often display weak definition in the bison’s leg muscles due to the facility using older dies longer during this period. The “D” mint mark typically appears slightly smaller and less deeply impressed than on earlier Denver issues. 1935-S Production and Characteristics San Francisco produced 10,300,000 pieces in 1935, marking the final year of substantial West Coast Buffalo nickel production. These coins typically exhibit superior overall sharpness compared to Denver issues but suffer from characteristic die cracks that run from the rim through the Native American’s shoulder. The “S” mint mark on 1935 issues appears more deeply impressed than on most earlier San Francisco Buffalo nickels. Strike quality Both the Denver and San Francisco facilities struggled with die maintenance during 1935, producing coins with notably softer details than their Philadelphia counterparts. This weakness particularly affects the bison’s shoulder fur and the Native American’s hair braids, making well-struck examples especially desirable. Collectors seeking quality 1935 Buffalo nickel specimens should prioritize coins with sharp strikes and full design details over those showing typical mint weaknesses. The 1936-D: Overlooked Key Date Mintage reality While 24,814,000 pieces might seem like a large number, the 1936-D becomes genuinely scarce when compared to the Philadelphia Mint’s massive 119,001,420 production that same year. This nearly 5-to-1 ratio means the Denver issue represents less than 17% of total 1936 Buffalo nickel production, yet many collectors overlook this disparity when focusing on the more famous key dates. Grade availability Denver’s characteristic weak strikes during 1936 Buffalo nickel production resulted in coins with soft details from the moment they left the mint. Combined with heavy circulation in western states, finding 1936-D examples in Mint State grades proves exceptionally difficult, with most survivors grading Very Fine or lower. This scarcity in higher grades significantly impacts 1936 Buffalo nickel value, with well-preserved Denver specimens commanding premiums that reflect their true rarity. The 1937-D 3 Legged Buffalo Nickel Image: 1937-D Three-Legged Buffalo Nickel obverse and reverse showing the famous error where the buffalo’s front right leg is completely missing. Source: PCGS Error story During 1937 production at the Denver Mint, an overenthusiastic die polisher attempted to remove clash marks from a reverse die by grinding away metal from the surface. This excessive polishing accidentally removed the bison’s right front leg entirely, creating one of the most famous error coins in U.S. Mint history. The damaged die continued striking coins until mint officials discovered the problem, producing several thousand three-legged specimens before replacement. This error dramatically affects 1937 Buffalo nickel value, with three-legged examples commanding substantial premiums over normal strikes. Identification guide The genuine 3 legged Buffalo nickel shows complete absence of the bison’s right front leg, with the area appearing as smooth, uninterrupted ground. This differs dramatically from common die wear, which gradually weakens leg details but leaves partial outlines or shadow impressions. The missing leg creates an unnatural gap between the bison’s body and the ground line that cannot be mistaken for normal circulation wear. 1937-D Buffalo Nickel Value breakdown Even heavily worn three-legged buffalo examples command substantial premiums because the error remains clearly visible regardless of grade. The dramatic visual impact of the missing leg creates instant recognition among collectors, sustaining demand across all condition levels from damaged pieces to pristine mint state examples. This error variety represents the pinnacle of 1937 Buffalo Nickel collecting, with values far exceeding normal Denver strikes from the same year. Authentication tips Genuine specimens show specific die markers including a small raised dot below the bison’s belly and characteristic weakness in the “E” of “AMERICA.” The die polishing also created subtle texture differences in the field areas that counterfeiters struggle to replicate convincingly. Overdate Varieties (1918/7-D, 1914/3) Technical details During World War I, the U.S. Mint faced severe cost pressures and material shortages that made die conservation essential. Rather than scrapping 1917-dated dies at year’s end, the Denver Mint repunched them with “8” over the final “7” to create 1918 dies. Similarly, leftover 1913 dies received a “4” punched over the “3” for 1914 production. This wartime economy measure created these distinctive overdate varieties that showcase the mint’s resourcefulness during national crises. Visual identification The 1918/7-D shows clear remnants of the underlying “7” beneath the “8,” particularly visible as curved lines extending beyond the “8’s” lower loop. The 1914/3 displays portions of the “3’s” upper and lower curves protruding from behind the “4,” most evident under magnification at the date’s right side. Both overdates require careful examination, as the underlying numerals appear as subtle but definitive shadows. The 1916 Doubled Die Obverse Image: 1916 Buffalo Nickel doubled die obverse and reverse showing the dramatic doubling error in the date digits. Source: PCGS Doubling locations A doubled die error occurs when a coin die receives two slightly misaligned impressions during manufacturing, creating overlapping images on the finished coin. The 1916 Buffalo Nickel doubled die shows this defect most clearly in the date, where the final digits – “16” – appear twice: the original numbers plus a second set offset to the right. This creates a shadow or double-vision effect that makes the date appear blurred or duplicated when examined closely. Grading considerations Many 1916 doubled die examples circulated for years before collectors recognized the error, meaning most survivors show significant wear. The doubling remains visible even in lower grades, but mint state examples prove exceptionally valuable due to their rarity and the pristine visibility of the error. Market position This variety rivals the 1926-S for supremacy among Buffalo nickel rarities because it combines extreme scarcity with the appeal of a dramatic mint error. Error coins attract both specialists and general error coin collectors, expanding the potential buyer base and driving Buffalo nickel value into six-figure territory for high-grade examples. Modern Times: The 2005 Buffalo Nickel Comeback Nearly seventy years after the last Buffalo nickel rolled off mint presses, Fraser’s iconic design returned to American coinage. Westward Journey series The U.S. Mint revived Fraser’s bison design in 2005 as part of the Westward Journey nickel series commemorating the Lewis and Clark expedition bicentennial. This marked the first time since 1938 that the beloved buffalo appeared on circulating American coins, generating excitement among both collectors and the general public. Collectible potential While most of the 2005 Buffalo nickel coins remain common, certain varieties show premium potential including coins with strong strikes, full steps detail, and pristine surfaces. Special mint set examples and first-day-of-issue specimens attract collector interest beyond face value. Investment Perspective: The Buffalo Nickel in 2025 Buffalo nickels occupy a unique position in today’s collecting market, offering genuine rarity, often at accessible price points, within the broader spectrum of tangible asset investment options. Advantages Affordable entry Key dates like the 1924-S and 1925-D remain accessible to new collectors, with entry-level examples available at modest premiums. This affordability allows collectors to acquire genuine rarities without the substantial financial commitment required for many other classic American series. Following proven rare coin investing strategies helps collectors focus on quality specimens and undervalued opportunities within the Buffalo nickel market. Artistic appeal Fraser’s distinctive Native American and bison imagery attracts collectors beyond traditional numismatists, including Western art enthusiasts and history buffs who appreciate the coins’ cultural significance. Completion potential The series’ 25-year span makes complete date and mint mark sets achievable goals, unlike longer series that require decades to assemble. Considerations Date visibility The series’ inherent design weakness means many specimens suffer from partial or complete date loss, requiring careful authentication of readable examples. Grading costs Professional grading expenses must be weighed against potential Buffalo nickel value increases, particularly for mid-grade specimens. Understanding numismatic grading standards and certification processes helps collectors determine when third-party authentication justifies the expense. Conclusion Buffalo nickels transformed American coinage by replacing classical allegory with authentic American subjects: real Native American chiefs and actual wildlife from the frontier. Fraser’s artistic revolution created coins that captured a vanishing way of life, making them culturally significant beyond their numismatic value. This cultural importance drives sustained collector demand across all economic levels. While key dates like the 1926-S command astronomical prices, the series also offers affordable semi-keys and common dates that allow participation without major financial commitment. The 25-year production span creates a manageable collecting goal compared to series spanning decades. Understanding rarity factors, from mintage figures to survival rates to authentication markers, separates successful Buffalo nickel collectors from casual buyers. These coins reward knowledge and patience, offering both historical connection and potential appreciation for those who study the market carefully. Explore Blanchard’s current Buffalo nickel inventory to discover authenticated examples of these remarkable American coins, backed by decades of numismatic expertise and market knowledge. FAQs 1. How much is a Buffalo nickel worth? Buffalo nickel value depends entirely on date, mint mark, and condition. Common dates from the 1930s typically trade near face value in worn condition, while key dates like the 1926-S and error coins like the 1937-D 3 legged Buffalo nickel command substantial premiums regardless of grade. 2. How much is a 2005 Buffalo nickel worth? Most 2005 Buffalo Nickels remain common and trade at face value since they were produced in large quantities for circulation. However, exceptionally well-preserved examples or coins from special mint sets may carry modest collector premiums. 3. Where is the date on a Buffalo nickel? The date appears on the obverse of the coin, positioned on the Native American’s shoulder below the portrait. This raised placement made the date vulnerable to wear, causing many Buffalo Nickels to become completely dateless through normal circulation. 4. Where is the mint mark on a Buffalo nickel? The mint mark is located on the reverse, below the words “FIVE CENTS.” Look for a small “D” (Denver) or “S” (San Francisco) in this position. Coins without mint marks were produced at the Philadelphia Mint. The post 1926-S Buffalo Nickel: Complete Guide to Key Dates and Rarity Factors appeared first on Blanchard and Company.

Bitcoin technical analysis and price prediction for today and this week One can say that bitcoin is still hot and that is probably right. But when it was hotter, big companies that buy and hold it (we call them "Bitcoin treasury companies") were super popular at a recent conference in Hong Kong. We can see from the data that they own more Bitcoin than ever before. But a new report shows they're not buying it as fast or as much as they used to. Basically, they're being more careful with their money now. Even though crypto companies now hold a record 840,000 Bitcoin, a new report shows they are buying much less at a time. For instance, the leading buyer, Strategy, is now only buying about 1,200 Bitcoin per transaction, an 86% drop from its purchases earlier this year. This suggests these companies are either running low on cash or are becoming more cautious. Bitcoin Futures Technical Analysis & Price Prediction for Today — tradeCompass (September 8, 2025) Before today’s Bitcoin technical analysis, here’s a quick, flowing backdrop from our newsroom at investingLive: reserve strategy made headlines as El Salvador bought gold for the first time since 1990 to diversify away from Bitcoin — a tilt that can read mildly bearish-BTC / bullish-gold. Policy risk also featured, with Japan considering tighter crypto regulation and enforcement, often a chill for speculative appetite. On the other side of the ledger, the “institutional adoption” drum kept beating as our team explored why some institutions might “accidentally” end up HODLing Bitcoin this Friday, while U.S. politics added intrigue after Eric Trump teased a “big announcement” for Friday. None of these headlines alone set a single, clear-cut direction, but together they create a useful soundtrack for today’s Bitcoin price prediction map. Bullish above: 112,000 Bearish below: 111,520 Current price: 112,035 Primary bias: Leaning bullish while holding above 112,000 (Friday’s VWAP) Bitcoin Price Prediction Map: Context & Bias Price is hovering just above the bullish threshold (112,000), keeping a modest upside lean while it holds. A decisive drop below 111,520 flips the map to bearish and shifts focus to Friday/early-September profile nodes. Bitcoin Key Levels & Profit Targets for Today (tradeCompass) Bullish plan for Bitcoin futures today (above 112,000) 112,465 – Near today’s 3rd upper VWAP deviation; momentum often pauses/exhausts here. 112,620 – Just under Friday’s VAH; per tradeCompass, move stop to breakeven after TP2. 112,895 – Around Sep 3 POC; strong “price magnet” on rotations. 113,120 – Near Sep 3 VAH; watch for responsive flows. 113,475 – In line with Aug 28 POC; deeper extension target. 113,945 – Just under Aug 28 VAH; stretch objective into prior acceptance. Bearish plan for Bitcoin futures today (below 111,520) 111,250 – First partial; local liquidity pocket on activation. 111,050 – Friday’s POC; if reached, shift stop to entry. 110,755 – Above Sep 4 VWAP / Sep 2 VAL cluster; reaction zone. 110,295 – Just over Sep 4 POC; continuation checkpoint. 109,760 – Near Sep 4 VAL; key downside objective. How to use this Bitcoin technical analysis “compass” If price fails to sustain above 112,000, range fades can re-emerge; a clean break below 111,520 signals a deeper bearish phase toward the profile targets. We keep it disciplined: one trade per direction per day to curb overtrading. Scale out at logical levels; after TP2, protect the remainder by moving the stop to breakeven. Educational mini-note: Dynamic VWAP bands in crypto VWAP bands expand in trends and contract in ranges. On BTC futures, third-deviation tags (e.g., 112,465 today) frequently mark areas where momentum cools or flips, making them sensible partial-profit zones rather than “all-or-nothing” targets. Risk & stop logic (tradeCompass at investingLive.com) Set your stop just beyond your activation (entry-side) threshold with a small buffer—not on the line, not far. Never place a stop beyond the opposite threshold; if that level is breached, the setup is invalid and you should already be out. After TP2, move the stop to entry (breakeven) to safeguard gains and manage the runner. Disclaimer, Crypto Investors and Traders of All Kind This Bitcoin price prediction & technical analysis is decision support, not financial advice. Futures and crypto carry substantial risk. Manage size and risk carefully, and trade at your own discretion. Visit investingLive.com (formerly ForexLive.com) for additional views. This article was written by Itai Levitan at investinglive.com.

The GBP/JPY pair opened the new trading week with a bullish gap, reaching the July 2024 high near 200.35 during the Asian session. However, after hitting the daily high, the pair pulled back and is now trading below the psychological level of 200.00. The broad weakening of the Japanese yen is linked to news of the unexpected resignation of Japan's Prime Minister Shigeru Ishiba, which acted as a catalyst for GBP/JPY's rise. At the same time, domestic political turmoil outweighs the impact of the U.S.–Japan trade agreement, which provides for tariff reductions and higher GDP growth forecasts for Japan in Q2. On Monday, the Japanese government reported that the economy grew 2.2% year-on-year from April to June, significantly above the initial 1.0% forecast. On a quarterly basis, GDP rose 0.5%, beating the 0.3% consensus. These figures strengthen expectations of a possible Bank of Japan rate hike by year-end and help to limit further yen depreciation. On the other hand, the British pound is under pressure from the moderate strengthening of the U.S. dollar and persistent budget uncertainty. This largely offsets the Bank of England's cautious stance on potential rate cuts amid ongoing inflation risks, limiting the GBP/JPY pair's intraday upward potential and requiring traders to exercise caution when opening long positions. From a technical perspective, although prices have slipped below the 200.00 level, the pair found strong support at 199.400. Oscillators on the daily chart remain positive, so traders leaning toward selling should refrain from opening positions. Those aiming for growth should also be cautious and wait for a move back above the 200.00 level. The table below shows the percentage changes in the Japanese yen against major currencies for the current day. The yen showed the greatest weakness against the British pound. The material has been provided by InstaForex Company - www.instaforex.com

Well, I think they're just a bit late to update their call as market expectations for the BOE have been quite settled for a while now. As things stand, traders are not seeing any more rate cuts for this year but are pricing in a strong probability of the next one being in February 2026. As for the first full rate cut priced in though, that will be for March next year. Besides inflation risks, the November budget is going to be a key factor to watch in taking stock of the fiscal side of things for the UK economy. This article was written by Justin Low at investinglive.com.

On Friday, the EUR/USD pair continued its upward movement after rebounding from the support zone of 1.1637–1.1645. It consolidated above the 76.4% retracement level at 1.1695, after which the pair pulled back. Today, the growth may continue toward the next 100.0% retracement level at 1.1789. A move below 1.1695 would favor the U.S. dollar and some decline toward the 1.1637–1.1645 level. The wave picture on the hourly chart remains simple and clear. The last completed upward wave did not break the previous peaks, while the most recent downward wave did not breach the previous low. Thus, the trend continues to shift toward "bullish," although the likelihood of sideways movement remains high. Recent labor market data and revised Fed monetary policy prospects are supporting the bulls. On Friday, the news background strongly supported the bulls, possibly giving them the momentum needed for a new large-scale advance. In recent weeks, the market had been moving sideways, but I have repeatedly noted that such sideways movement is only a pause before new growth. I still see no grounds for the bears to launch serious attacks. Friday's labor market and unemployment reports from the U.S. only confirmed my view. The labor market continues to cool, creating very few new jobs. American companies are not considering hiring, expansion, or increasing production. Unemployment is rising. If the reports had shown at least "average" figures, one could hope that the FOMC might cut rates once or twice before year-end. But each new report from the U.S. says the same thing: the economy needs stimulus. Thus, I believe the Fed will cut rates three times before the end of the year. We may even see a 0.50% easing move. On the 4-hour chart, the pair continues to trade in a sideways range, where traders have been stuck for several weeks. Thus, the sideways movement continues. The CCI indicator has formed a "bullish" divergence, warning of possible growth in the near term, but within the horizontal channel. A breakout above or below the range would allow expectations of a renewed trend. Commitments of Traders (COT) report: Over the last reporting week, professional traders closed 2,726 long positions and opened 751 short positions. The sentiment of the "Non-commercial" group remains bullish, supported by Donald Trump's policies, and continues to strengthen. The total number of long positions held by speculators is now 255,000, compared with 136,000 short positions. The gap is nearly twofold. Also, note the number of green cells in the table above, which reflect a strong build-up of euro positions. In most cases, interest in the euro is growing while interest in the dollar is falling. For 30 consecutive weeks, large traders have been reducing shorts and adding longs. Donald Trump's policies remain the most significant factor for traders, as they may cause numerous long-term and structural problems for America. Despite the signing of several important trade agreements, some key economic indicators continue to show declines. News calendar for the U.S. and the Eurozone: Eurozone – German industrial production change (06:00 UTC). On September 8, the economic calendar contains only one entry. The impact of the news background on market sentiment will be weak and limited to the morning. EUR/USD forecast and trader tips: I see no potential sell signals for the pair today. Buying was possible on a rebound from the 1.1637–1.1645 level with a target of 1.1695. This target has been met. A close above 1.1695 allows traders to keep long positions open with a target of 1.1789. Fibonacci grids are drawn from 1.1789–1.1392 on the hourly chart and from 1.1214–1.0179 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com

On the hourly chart, the GBP/USD pair on Friday continued its upward movement after rebounding from the support zone of 1.3416–1.3425 and consolidated above the 76.4% retracement level at 1.3482. The rebound from this level overnight suggests further pound growth toward the next Fibonacci level of 100.0% at 1.3587. A move below 1.3482 would favor the U.S. dollar and some decline toward the 1.3416–1.3425 level. The wave structure remains "bearish." The last completed downward wave broke through two previous lows at once, while the latest upward wave has not yet managed to surpass the previous peak. The news background has played a significant role in shaping the waves we've seen in recent weeks. In my view, the backdrop is not "bearish," but the current waves point to either a continuation of the bearish trend or sideways movement. On Friday, bear traders suffered another blow that they may not recover from anytime soon. The Nonfarm Payrolls report showed weak figures for the fourth consecutive month. Not only is job creation minimal, but unemployment is also rising. Other reports on the day, including U.K. retail sales, also worked in favor of the bulls. Thus, the three most important releases on Friday all pointed only to GBP/USD growth. On the 4-hour chart, sideways movement is clearly visible, but the latest news background allows me to assume that after the range ends, we will see new pound growth rather than dollar growth. The dollar continues to balance on the edge and cannot find even a straw to hold onto. The situation is worsening by the day, as the FOMC will ease monetary policy in September, and this will not be a one-time action to satisfy Trump. On the 4-hour chart, the pair has also reversed in favor of the pound and consolidated above the 1.3378–1.3435 level. This means the growth process may continue toward the next retracement level of 127.2% at 1.3795. The chart remains mixed, with traders pushing the pair back and forth. At this point, I recommend focusing more on the hourly chart. No developing divergences are observed on any indicator. Commitments of Traders (COT) report: Sentiment among "Non-commercial" traders over the last reporting week became slightly more bearish. The number of long contracts held by speculators increased by 61, while shorts rose by 1,848. The gap between longs and shorts now stands at about 76,000 vs. 109,000. Still, as we can see, the pound remains tilted toward growth, and traders are leaning toward buying. In my opinion, the pound still has downward prospects. For the first six months of the year, the U.S. dollar's backdrop was terrible, but it is slowly improving. Trade tensions are easing, key deals are being signed, and the U.S. economy should recover in Q2 thanks to tariffs and various investments in the country. At the same time, prospects for Fed easing in the second half of the year are already putting serious pressure on the dollar, while the U.S. labor market is weakening and unemployment is rising. Thus, I still see no grounds for a "dollar trend." News calendar for the U.S. and the U.K.: On September 8, the economic calendar contains no notable entries. Market sentiment on Monday will not be influenced by news. GBP/USD forecast and trading tips: Selling the pair is possible today if it consolidates below 1.3482 on the hourly chart, with targets at 1.3416–1.3425. Buying was possible on rebounds from the 1.3357–1.3364 and 1.3416–1.3425 level. Today, those positions can be held with a target of 1.3587 if there is a rebound from 1.3482. Fibonacci grids are drawn from 1.3586–1.3139 on the hourly chart and from 1.3431–1.2104 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com

Bitcoin is once again at a pivotal level, with selling pressure dominating the market and volatility shaking investor confidence. After weeks of choppy trading, BTC is barely holding above the $110,000 mark, a threshold that many analysts view as critical for maintaining a bullish structure. Momentum has clearly shifted in recent sessions, and the market is now bracing for the possibility of a deeper correction. Adding to the concern, top analyst Axel Adler shared insights from the Bitcoin UTXO Age Metrics, which reveal growing signs of distribution from long-term holders. Historically, when older coins begin to move, it often signals that experienced investors are taking profits and releasing supply back into the market. Such behavior has repeatedly preceded periods of downside pressure, as the influx of long-held BTC creates hurdles for bulls to overcome. While Bitcoin has shown resilience throughout this cycle, the combination of distribution signals and mounting uncertainty makes the coming days crucial. If BTC fails to hold its current support, the door could open to lower levels, testing investor conviction. The spotlight is now on whether demand can match the renewed selling from long-term holders and stabilize the market. Bitcoin LTH Aging Velocity Signal Market Shift According to Adler, the LTH Aging Velocity (30-day) offers valuable insight into the current Bitcoin market structure. This metric measures the change in the long-term holder (LTH) supply share over a 30-day period, effectively showing the momentum of supply aging among experienced holders. When the metric is above 0, more coins are maturing into long-term supply, indicating accumulation. When it is below 0, the LTH share is decreasing, signaling distribution. Zero crossings often mark regime changes, and the last one occurred on July 16th at $118,000. Currently, the metric sits at -1.2%, which means LTH supply is decreasing while the share of young short-term holder (STH) supply is growing. This reflects an active redistribution, with long-term holders selling coins to newer participants as the price rises. Adler highlights that the last LTH accumulation peak occurred when Bitcoin traded between $100,000–$108,000, a range that provided the foundation for the most recent rally. Judging by historical patterns, another 2% of LTH supply could be distributed in the near term—equivalent to roughly 300,000 BTC. This suggests that while Bitcoin still holds strong above the $110,000 level, selling pressure from long-term holders remains an important factor. If demand from ETFs and institutions does not keep pace, the market could face renewed downward pressure before stabilizing. For now, this shift in aging velocity underscores that the balance of power is tilting, with long-term holders gradually passing supply to new players. Price Analysis: Consolidation Holds, Resistance Ahead Bitcoin’s 8-hour chart shows the price trading at $111,711, consolidating just above the $111K level after weeks of volatility. The chart highlights a recovery attempt from late August’s dip near $108K, but BTC has yet to reclaim stronger resistance zones. The moving averages show mixed signals: the 50 SMA (blue) remains below the 100 SMA (green) and 200 SMA (red), indicating bearish momentum still dominates the mid-term. Price action is currently hovering between the 50 SMA at $111K and the 100 SMA at $114K, which forms an immediate resistance zone. A decisive break above $114K could open the door to $118K, but failure to do so may result in another retest of $110K or even $108K. Market structure remains choppy, with lower highs forming since the $124K peak in mid-August. This suggests selling pressure persists as bulls struggle to regain control. On the downside, strong support lies near the $108K region, which has held multiple times. Losing this level would increase the risk of a deeper pullback toward $105K. Featured image from Dall-E, chart from TradingView

As Bitcoin continues to search for direction, El Salvador has added another 21 BTC to its holdings, worth roughly $2.3 million. The purchase commemorates the fourth anniversary of the country's Bitcoin Law, which established the cryptocurrency as official legal tender back in 2021. "We will buy one #Bitcoin every day until Bitcoin becomes unaffordable with fiat currencies," President Nayib Bukele wrote on Sunday. This step once again highlights the visionary—but also high-risk—strategy of President Nayib Bukele, who has bet on Bitcoin as a tool for modernizing the economy and attracting investment. Despite enthusiasm from Salvadoran authorities, experts and international financial institutions continue to express concerns about the country's financial resilience and the risks associated with crypto volatility. Supporters of the initiative point to positive effects such as increased digital literacy and lower remittance costs, while critics focus on the lack of transparency in Bitcoin operations and the potential for cryptocurrencies to be used for illicit purposes. Against a backdrop of stagnating inflows into BTC and ETH ETFs, El Salvador's actions can be seen as an attempt to demonstrate confidence in the long-term potential of digital assets and to support Bitcoin's price. However, the overall impact of such purchases on the global crypto market remains marginal. According to the country's National Bitcoin Office, El Salvador now holds about 6,313 BTC—worth around $701.8 million at current market prices—including its most recent acquisition. The country's latest Bitcoin purchase came about a week after its bitcoin office distributed assets across 14 addresses as an added safeguard against potential quantum threats. It is also worth noting that last month, El Salvador's legislature adopted a law allowing major financial institutions to receive licenses to offer services denominated in Bitcoin and other digital assets to qualified investors. This step is a logical continuation of President Bukele's push to integrate cryptocurrencies into the national economy, and aims to attract capital and expertise from more developed financial centers. In essence, the new law creates a regulatory sandbox for crypto innovation, allowing sophisticated investors to interact with digital assets in a controlled and transparent environment. The licensing of major financial institutions is, in turn, expected to boost trust in El Salvador's crypto sector and reduce risks of fraud and manipulation. Still, the success of this initiative depends on several factors, including the effectiveness of regulatory oversight, the willingness of international institutions to cooperate, and the further development of the nation's crypto infrastructure. Trading recommendations: As for the technical outlook on Bitcoin, buyers are currently targeting a return to $111,600, which would open a direct path to $113,200 and then to $115,600. The most distant target is the high near $118,600; breaking above this level would confirm renewed bull market strength. On declines, buyers are expected near $109,700. A move below this area could quickly send BTC toward $108,200, with $106,700 as the deepest support. For Ethereum, holding above $4,383 opens a clear path to $4,499. The most distant upside target is the high at $4,601, a breakout above which would signal renewed bullish momentum and growing buyer interest. On pullbacks, buyers are expected at $4,227. Moving below this area could send ETH toward $4,081, with $3,999 as the most distant target. What we see on the chart: - Red lines indicate support and resistance levels, where a pause or a sharp price move is currently expected; - Green lines represent the 50-day moving average; - Blue lines represent the 100-day moving average; - Light green lines show the 200-day moving average. A price crossover or test of these moving averages typically acts as either a brake or a catalyst for market momentum. The material has been provided by InstaForex Company - www.instaforex.com

Rate cuts by year-end Fed: 70 bps (91% probability of rate cut at the upcoming meeting; the rest for a 50 bps cut) ECB: 8 bps (99% probability of no change at the upcoming meeting) BoE: 12 bps (98% probability of no change at the upcoming meeting) BoC: 42 bps (89% probability of rate cut at the upcoming meeting) RBA: 30 bps (81% probability of no change at the upcoming meeting)RBNZ: 38 bps (91% probability of rate cut at the upcoming meeting) SNB: 7 bps (91% probability of no change at the upcoming meeting) Rate hikes by year-end BoJ: 12 bps (97% probability of no change at the upcoming meeting)The biggest changes in interest rates expectations happened on Friday as we got the US and Canadian jobs data. Both were softer than expected although the Canadian one was worse. The market quickly priced in a third cut for the Fed by year-end (70 bps) and a second rate cut for the BoC (42 bps). Moreover, given some expectations of the Fed being potentially late, the market started to price in also some chances of a 50 bps cut in September. Much like the insurance cut we got in 2024. That might depend on the US CPI report on Thursday though. Soft data could give the Fed more conviction to start with a 50 bps cut and then see how things evolve in the next months. This article was written by Giuseppe Dellamotta at investinglive.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

The euro posted a modest gain on news that industrial production in Germany rose more than expected in July, offering some hope that the country's key sector may be stabilizing and could soon overcome its prolonged downturn. According to Destatis, output increased by 1.3% compared to the previous month, driven by growth in machinery and equipment production. This was the first increase since March. This modest recovery, however, should not be viewed as a signal of full recovery. Germany's economic indicators, along with those of the eurozone, remain fragile, weighed down by geopolitical risks and structural problems. Nonetheless, the positive surprise from Germany serves as a beacon pointing to potential resilience in German industry, which has traditionally been the engine of the European economy. The stronger-than-expected rise in industrial production may be explained by several factors. First, the low base effect may have made even small improvements appear significant after a long period of decline. Second, government stimulus and support measures aimed at reviving the economy may have played a role. Third, rising demand for German goods from certain countries or sectors may also have contributed to the recovery. Despite the positive trend, caution remains necessary. The global economy is still unstable, trade conflicts persist, and the energy crisis continues to pressure European businesses. The statistics office also reported that the previous month's decline was revised to just 0.1% from the initially reported 1.9%, noting that the change was mainly due to corrected data later provided by a major automaker. The data also point to a good start to the third quarter for manufacturers, whose weakness was a major factor behind the contraction of Europe's largest economy in the previous period. From April to June, GDP contracted by 0.3%. However, unlike today's figures, last Friday's data showed an unexpected drop in industrial orders in July, undermining optimism that the sector could quickly emerge from its three-year recession. As for the current technical picture of EUR/USD, buyers now need to break above 1.1740. Only this will allow a move toward testing 1.1781. From there, the pair could climb to 1.1825, though achieving this without support from major players will be difficult. The ultimate target is the 1.1875 high. In case of a decline, I expect strong buying interest only around 1.1705. If no buyers appear there, it would be better to wait for a test of the 1.1660 low or to open long positions from 1.1630. As for the current technical picture of GBP/USD, pound buyers need to break through the nearest resistance at 1.3520. Only this will allow targeting 1.3550, above which further progress will be difficult. The ultimate target is the 1.3590 level. In case of a decline, the bears will attempt to regain control around 1.3485. If successful, a break of this range would deal a serious blow to the bulls and push GBP/USD toward 1.3450, with prospects of reaching 1.3415. The material has been provided by InstaForex Company - www.instaforex.com

Is the bottom finally in? Bulls surely believe so. BTC ▲0.82% is stabilizing above $111,000, trading near $111,300 on September 8 as the crypto market shows signs of steady recovery. Most sectors are in the green: the AI and big data token market rose around 3%, while meme coins posted stronger gains. DOGE ▲7.55% climbed back to $0.23, and smaller crypto such as USELESS rallied about 30% over the past three days. Additional momentum comes from the first Dogecoin ETF, set to launch this week, and the introduction of Dogecoin Digital Asset Treasuries (DATs). Could be DOGE the best crypto to buy right now? DogecoinPriceMarket CapDOGE$35.25B24h7d30d1yAll time EXPLORE: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Dogecoin ETF Gains Attention as Investors Seek the Best Crypto to Buy The upcoming Dogecoin ETF is expected to expand access for institutional and retail investors, potentially improving liquidity and bringing new participation into the meme coin space. Together with DATs, this marks a notable step for DOGE’s integration into more traditional financial products. Many traders now view it as one of the leading candidates in the search for the best crypto to buy during this rebound. Bitcoin spot ETFs recorded $246 million in inflows last week, with BlackRock’s IBIT contributing $434 million and Grayscale’s Bitcoin Mini Trust adding $33 million, while Ark and Bitwise saw outflows. Total Bitcoin ETF holdings now stand at about $144 billion, or 6.48% of Bitcoin’s market value. Ethereum spot ETFs, in contrast, posted about $788 million in outflows. Whale selling, which reached 112,000–115,000 BTC (around $12.7B) last month, has slowed to about 38,000 BTC weekly in early September. Institutional buying is helping stabilize the market, and with meme and AI sectors both turning positive, Bitcoin remains a core choice while DOGE emerges as a high-interest option to watch. 1 hour ago Singapore Denies Do Kwon’s $14M Refund Demand For ‘Stolen’ Penthouse By Fatima Terraform Labs co-founder Do Kwon just lost a $14M court battle over a failed Singapore penthouse deal, as global legal cases mount following the Terra-Luna collapse. The High Court dismissed his claim, ruling that the developer was within its rights to keep the deposit after the purchase fell through. The upshot is: Do Kwon is finally on trial. 135 years down to potentially 12 years. The judge wants to give him 25. Despite the judge ruling against him, he’ll get a lesser sentence than SBF. The property in question, a 7,600-square-foot Orchard Road duplex valued at S$38.8M, was intended to be Kwon’s showcase asset before the 2022 TerraUSD and Luna collapse, which wiped more than $40Bn in investor wealth. Read The Full Article Here The post [LIVE] Crypto News Today, September 8 – Bitcoin Holds $111K While Dogecoin ETF Hype Lifts Meme Coins: Best Crypto to Buy? appeared first on 99Bitcoins.

Terraform Labs co-founder Do Kwon just lost a $14M court battle over a failed Singapore penthouse deal, as global legal cases mount following the Terra-Luna collapse. The High Court dismissed his claim, ruling that the developer was within its rights to keep the deposit after the purchase fell through. The upshot is: Do Kwon is finally on trial. 135 years down to potentially 12 years. The judge wants to give him 25. Despite the judge ruling against him, he’ll get a lesser sentence than SBF. The property in question, a 7,600-square-foot Orchard Road duplex valued at S$38.8M, was intended to be Kwon’s showcase asset before the 2022 TerraUSD and Luna collapse, which wiped more than $40Bn in investor wealth. Why Did the Court Rule Against Terra Luna’s Do Kwon? ((Source: CoinGecko)) Kwon and his wife signed to buy the penthouse in 2022, paying nearly half the price upfront through option fees and rental agreements of around S$40,000 a month. When they failed to complete the deal by mid-2023, the developer resold the unit for S$34.5M while holding the deposit. At the same time, Singapore investors have launched suits seeking up to $90 million, alleging that Kwon and the Luna Foundation misled the market during the Terra crash. His downfall is in the same kind of epic collapse as Sam Bankman-Fried; both figures who built billion-dollar platforms only to end up in court. DISCOVER: 20+ Next Crypto to Explode in 2025 The Broader Implications for Crypto Accountability Do Kwon really is a lesson that a fight over tokens will spill into real estate, personal assets, and courtrooms around the world. It also showcases that unchecked power in crypto is giving way to tighter scrutiny from both regulators and investors. EXPLORE: US Jobs Data, BTC USD and Bond Market Rally Put Fed Rate Cuts in Focus Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Terraform Labs co-founder Do Kwon has failed in his attempt to reclaim S$19.4M (≈$14.2M) from a collapsed luxury property deal in Singapore. This setback adds to a long list of legal troubles. Kwon pled guilty in August 2025 to conspiracy and wire fraud The post Singapore Denies Do Kwon’s $14M Refund Demand For ‘Stolen’ Penthouse appeared first on 99Bitcoins.

The latest U.S. employment report is direct evidence that the Federal Reserve has no option but to return to a looser monetary policy. A few years ago, unemployment was at a half-century low. Now, this troubling rate has reached its highest level since 2021, recorded at the height of the pandemic. According to the Bureau of Labor Statistics, the U.S. unemployment rate of 4.3% raises concerns that the labor market—hit both by uncertainty and by rising costs associated with Trump's trade war—is on the brink of a more significant downturn. These 4.3% are not just numbers in a report. They represent a complex picture of interconnected economic forces steadily eroding the foundation of American employment. The trade war unleashed by the Trump administration acted as a catalyst, triggering a chain reaction. Higher tariffs and trade barriers not only drove up production costs for U.S. companies but also created an atmosphere of instability, discouraging businesses from expanding and hiring new workers. Uncertainty has become the main enemy of the labor market. Entrepreneurs, unsure of what to expect tomorrow, are delaying major investments and strategically downsizing staff in preparation for a potential economic storm. This effect is especially visible in industries directly dependent on international trade, such as manufacturing, agriculture, and logistics. Rising costs from the trade wars are pressuring small and medium-sized businesses, the backbone of U.S. job creation. Many firms are unable to withstand the increased financial burden and are forced to cut jobs to stay afloat. This, in turn, reduces consumer demand and further slows economic growth. The data also confirm last month's employment report, which showed a shockingly weaker hiring environment than previously expected. Job growth has slowed significantly in recent months, vacancies have declined, and wage growth has decelerated—all weighing negatively on overall economic activity. Markets appear to believe Friday's report radically changes the outlook. In reality, this is exactly what policymakers expected. Typically, such bad news for American workers has a silver lining for Wall Street, as it increases the likelihood of a Federal Reserve rate cut. More borrowing, more growth, higher stock prices, and a weaker dollar. As you can see in the market, currency traders wasted no time continuing to sell off dollar assets. As for the current technical picture of EUR/USD, buyers now need to break above 1.1740. Only this will open the way toward testing 1.1781. From there, a climb to 1.1825 is possible, though achieving this without support from large players will be quite difficult. The ultimate target is the 1.1875 high. In case of a decline, I expect serious buying interest only around 1.1705. If no buyers appear there, it would be preferable to wait for a test of the 1.1660 low or to open long positions from 1.1630. As for the current technical picture of GBP/USD, pound buyers need to overcome the nearest resistance at 1.3520. Only this will allow targeting 1.3550, above which breaking higher will be difficult. The ultimate target is the 1.3590 level. In case of a decline, the bears will attempt to regain control around 1.3485. If successful, a break of this range would deal a serious blow to the bulls and push GBP/USD down toward 1.3450, with prospects of reaching 1.3415. The material has been provided by InstaForex Company - www.instaforex.com

Trend analysis. This week, from the level of 1.3506 (close of the last weekly candle), the price may continue downward toward 1.3389 – the 23.6% retracement level (red dotted line). Upon testing this level, the price may extend its downward move toward 1.3270 – the historical support level (blue dotted line). Fig. 1 (weekly chart). Comprehensive analysis: Indicator analysis – down;Fibonacci levels – down;Volumes – down;Candlestick analysis – down;Trend analysis – down;Bollinger Bands – down;Monthly chart – down.Conclusion from comprehensive analysis: Downward movement. Overall summary of the GBP/USD weekly candle calculation: The price will most likely have a downward tendency during the week, with no upper shadow on the weekly black candle (Monday – down) and no lower shadow (Friday – down). Alternative scenario: From the level of 1.3506 (close of the last weekly candle), the price may start moving downward with a target of 1.3389 – the 23.6% retracement level (red dotted line). Upon reaching this level, the price may move upward toward 1.3458 – the 13-day EMA (yellow thin line). The material has been provided by InstaForex Company - www.instaforex.com

Asia Market Wrap - Japan PM Ishiba Resigns Most Read: GBP/USD Forecast: Cable Recovers but the Outlook Remains Murky. WIll NFP Data Serve as a Catalyst? Following weeks of public pressure due to his party's second national election loss, Japanese Prime Minister Ishiba has announced his resignation. This has triggered a leadership contest that may cause market instability. The Topix, jumped 1.3% to a new all-time high of 3,146.58. The Nikkei 225 index, which tracks top Japanese companies, also rose by 1.45% to 43,643.81, which is close to its own record. The value of the yen dropped by 0.4% against the U.S. dollar, with one dollar now worth 148 yen. Japanese government bond prices were initially stable but fell later in the day, causing their yields (the return for investors) to increase. The yield on 20-year bonds went up by 3.5 basis points to 2.67%, and the yield on 30-year bonds rose by 6 basis points to 3.285%, which is the highest it has ever been. Yields on long-term Japanese bonds have been rising recently because of international worries about government debt and due to the internal pressure on Prime Minister Ishiba from his party, the Liberal Democratic Party (LDP). At the same time, the Nikkei stock index recently dropped from its record high last month. Source: LSEG A leading candidate to replace Ishiba as head of the LDP is Sanae Takaichi. She is a supporter of "Abenomics," the economic policies of former Prime Minister Shinzo Abe, who was known for large-scale government spending and a very loose monetary policy. On the Nikkei index, more stocks rose than fell, with 197 advancing and only 26 declining. The biggest winners were the chip design company Socionext, which saw its stock price increase by 8%, and Mazda Motor Corp, which jumped by 7.2%. Mitsubishi Heavy Industries, a company poised to gain from any increase in defense spending, also surged 3.3%. Additionally, two major players in the Japanese artificial intelligence (AI) sector, Advantest and SoftBank Group, saw their shares rise by 4.4% and 2.1%, respectively. China Exports Hit 6-Month Low In August 2025, China's exports grew by 4.4% compared to the same month last year, totaling $321.8 billion. This was a slower rate than the 7.2% growth in July and was below the expected 5% increase. The slowdown, which made this the weakest month for exports since February, was primarily caused by a temporary decrease in tariff tensions and a drop in demand from China's main consumer, the United States. On August 11, China and the U.S. extended their tariff agreement for 90 days, which kept existing tariffs in place. While exports to Japan, Taiwan, Australia, ASEAN, and the EU all grew significantly, exports to the U.S. plummeted by 33.1% and those to South Korea fell by 1.4%. Over the first eight months of 2025, China's total exports increased by 5.9% to $2.45 trillion, with notable growth in specific categories such as fertilizer, ships, and cars. European Open - French No-Confidence Vote in Focus European stock markets had a good start on Monday as a week of significant events began. The main story is the political uncertainty in France, which is likely to need a new prime minister for the fifth time in three years. The current French Prime Minister, Francois Bayrou, is expected to lose a no-confidence vote today. This is happening while the country, Europe's second-largest economy, is trying to manage its large national debt. France is also facing its first of several credit rating reviews this week, which could affect how lenders view its ability to repay its loans. The overall European stock market index, the STOXX 600, went up by 0.33%, while France's main index, the CAC 40, rose by 0.4%. Despite these early gains, French stocks have not performed as well as the broader European market this year. This is due to investor worries about government spending and debt, which have caused long-term bond yields (the return on an investment in bonds) to reach their highest levels in several years. In other company news, the investment bank Goldman Sachs downgraded its rating on the airline RyanAir, causing its shares to drop by 2%. On the other hand, shares of the retailer Marks and Spencer increased by 2.2% after the brokerage firm Citi upgraded its rating on the company to "buy." Additionally, shares of the Dutch company ASML went up by 0.7% after a news report stated that the company is set to become the largest owner of the French artificial intelligence startup, Mistral AI. On the FX front, The Japanese yen dropped significantly in value during trading in Asia. At one point, the U.S. dollar gained as much as 0.78% against the yen before settling down to a 0.1% increase for the day, with one dollar trading at 147.625 yen. Similarly, the yen fell to its lowest value in over a year against both the euro and the British pound. A single euro was worth 173.13 yen, and one pound was worth 199.53 yen. The British pound slightly rose by 0.1% to $1.352, building on its more than 0.5% gain from Friday. The euro remained steady at $1.1727 after reaching a high not seen in over a month on Friday. The U.S. dollar index, which measures the dollar's value against a group of other major currencies, slightly decreased by 0.2% to 97.7, following a more than 0.5% drop on Friday. Currency Power Balance Source: OANDA Labs Oil prices went up by more than $1 on Monday, recovering some of the value they lost last week. This was partly due to the possibility of new sanctions on Russian oil following an attack on Ukraine. OPEC+, a group of major oil producers, announced it would slightly increase production starting in October, but the amount was small. Brent crude oil rose by $1.24 (1.9%) to $66.74 per barrel. At the same time, U.S. West Texas Intermediate crude oil increased by $1.17 (1.9%) to $63.04 per barrel. Gold prices remained strong near their all-time high on Monday, getting closer to the key level of $3,600 per ounce. This was supported by growing expectations that the U.S. Federal Reserve will cut interest rates this month, especially after a weaker-than-expected jobs report was released last week. The price of spot gold was up 0.2% at $3,593.79 per ounce. On Friday, gold had already reached a record high of $3,599.89. Economic Data Releases and Final Thoughts Looking at the economic calendar, the European session will be quiet with Sentix investor confidence data the main release to focus on. The US session will also seem to be a quiet one, with the main area of focus being NY Fed inflation expectations. The week will get busy from Wednesday onward with a host of high impact data releases with the US particularly in focus. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Chart of the Day - FTSE Index From a technical standpoint, the FTSE 100 continues to hold above the 100-day MA following a trendline break last week. The trendline break still hints at further upside with the RSI period-14 hovering above the neutral 50 level. If the neutral 50 level holds this would be another sign that bullish momentum remains dominant. This could see the FTSE continue its move higher toward the all-time highs. Immediate resistance rests at 9250, 9271 and 9308. Immediate support may be found at 9219, 9180 and 9128. FTSE 100 Four-Hour Chart, September 9. 2025 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.

Prior -3.7Euro area investor morale slumped further going into September, with the headline reading being the lowest since April. Sentix noted that "economic anxieties are coming back with full force", adding that "there is not much sign of an autumn revival and the pressure on export-oriented industry is likely to increase further due to US tariffs". This article was written by Justin Low at investinglive.com.

There's just no stopping the gold train still as the September month is really kicking off. The reasons to stay bullish on the precious metal are still very much there and after the period of consolidation from end May to end August, that's adding to the extra oomph in the latest breakout we're seeing. The question now is, where do we go from here? The upside momentum has been unrelenting since last year and there will come a period where gold buyers will have to pay their dues. However, it doesn't appear to be that the time is here yet. Even if September is typically a softer month for gold, the narrative this time around is largely driven by other factors. The most notable of course being the shift in Fed pricing from US data. And there will still be another big one coming up this week from the CPI report on Thursday. But for now, everything continues to fall into place for gold and it's hard to imagine a sudden shift in many of the macro narratives that are playing out across markets. Fed easing prospects, central bank buying, ETFs playing catch up, dollar disdain, and stagflation risks are all the more straightforward but yet very compelling arguments for gold to stay supported. And to start this month, even the technical picture is playing ball. It'll be interesting to see if the bulls can keep this up ahead of the usually strong seasonal showing in gold from December and January. Those are usually the two biggest months for the precious metal. But as always the case, I will continue to preach that gold remains a buy on dips on any technical pullback/correction. For now though, it's all about running with the upside again. This article was written by Justin Low at investinglive.com.

Trend analysis (Fig. 1). This week, from the level of 1.1718 (close of the last weekly candle), the market may start moving downward with a target of 1.1536 – the 38.2% retracement level (blue dotted line). Upon testing this level, the price may begin moving upward with a target of 1.1571 – the upper fractal (red dotted line). Fig. 1 (weekly chart). Comprehensive analysis: Indicator analysis – down;Fibonacci levels – down;Volumes – down;Candlestick analysis – down;Trend analysis – down;Bollinger Bands – down;Monthly chart – down.Conclusion from comprehensive analysis: Downward movement. Overall summary of the EUR/USD weekly candle calculation: The price will most likely have a downward tendency during the week, with the absence of the first upper shadow on the weekly black candle (Monday – down) and the presence of the second lower shadow (Friday – up). Alternative scenario: From the level of 1.1718 (close of the last weekly candle), the pair may begin moving downward with a target of 1.1498 – the 85.4% retracement level (red dotted line). Upon testing this level, the price may then move upward with a target of 1.1536 – the 38.2% retracement level (blue dotted line). The material has been provided by InstaForex Company - www.instaforex.com

Trend analysis (Fig. 1). On Monday, from the level of 1.3506 (Friday's daily candle close), the market may begin moving downward with a target of 1.3469 – the 21-day EMA (black thin line). Upon testing this line, the price may begin moving upward with a target of 1.3486 – the 23.6% retracement level (yellow dotted line). Fig. 1 (daily chart). Comprehensive analysis: Indicator analysis – down;Fibonacci levels – down;Volumes – down;Candlestick analysis – down;Trend analysis – up;Bollinger Bands – down;Weekly chart – down.Overall conclusion: Downtrend. Alternative scenario: From the level of 1.3506 (Friday's daily candle close), the price may start moving downward with a target of 1.3420 – the 38.2% retracement level (yellow dotted line). Upon testing this level, the price may then move upward with a target of 1.3469 – the 21-day EMA (black thin line). The material has been provided by InstaForex Company - www.instaforex.com

Fundamental Overview The USD sold off across the board on Friday following another soft NFP report. The dovish bets on the Fed increased as a result and the market is now expecting three rate cuts by year-end (70 bps). Moreover, we have also an 8% probability of a 50 bps cut in September but that will likely happen only if we get a soft CPI report on Thursday. In that case, the greenback will likely weaken further into the FOMC meeting. Overall, if one zooms out, the US dollar continues to range although the dovish bets on the Fed keep weighing on the currency. Part of that could be the fact that the bearish positioning on the dollar could be overstretched and we might be at the peak of the dovish pricing. In fact, if the Fed cuts trigger stronger economic activity in the next months, the rate cuts in 2026 could be priced out and support the dollar. Nevertheless, the trend is still skewed to the downside and we might need strong data to reverse it. On the EUR side, the only fundamental development we got recently was the French political drama. Today, we get the French confidence vote in the afternoon where the Prime Minister is expected to lose. This should be already priced in, but could cause some intraday noise. In terms of monetary policy, nothing has changed. Many ECB members are now taking a much more neutral approach to rate cuts. They will need significant negative data to force them to cut further. The market is pricing just 8 bps of easing by year-end and 19 bps by the end of 2026, which indicates that the easing cycle might have already ended. The ECB rate decision this week is expected to be a non-event as the central bank will keep interest rates steady and don't offer much in terms of forward guidance other than mentioning that they are now well positioned and will need strong reasons to cut further. EURUSD Technical Analysis – 4 hour Timeframe On the 4 hour chart, we can see that EURUSD is threatening a breakout of the month-long range. If the price breaks to the upside, we can expect the buyers to pile in with a defined risk below the zone to position for a rally into a new cycle high. The sellers, on the other hand, will continue to step in around this resistance to keep targeting the 1.16 support. EURUSD Technical Analysis – 1 hour Timeframe On the 1 hour chart, we can see more clearly the upward spike following the soft NFP report and then a pullback into the weekend. If we get a bigger pullback from this resistance, we can expect the buyers to step in around the minor support at 1.1680. The sellers, on the other hand, will look for a break below that support to increase the bearish bets into the 1.16 support next. Upcoming Catalysts On Wednesday we get the US PPI report. On Thursday, we have the ECB rate decision, the US CPI report and the latest US Jobless Claims figures. On Friday, we conclude the week with the University of Michigan Consumer Sentiment report. This article was written by Giuseppe Dellamotta at investinglive.com.

The past week proved ambiguous for global markets in terms of determining what to expect for the US economy in the near future and whether the significant deterioration in the US labor market will actually prompt the central bank to reduce interest rates more aggressively. Last Friday, I suggested that if the jobs data released on that day turned out to be below forecast, the Federal Reserve might cut the key interest rate not by 0.25%, but by 0.50% at once. But the report revealed not just a miss, but a catastrophic drop in job growth to 22,000 in August versus a forecast of 75,000. And even though July's figures were revised upward to 79,000, that's still very little. It was then that the business press began to speculate that the central bank might cut rates by 0.50% at once, citing the dire state of the US job market. By the way, this morning, fed funds futures show a 100% probability of a 0.25% key rate cut, but in addition, there is now a 10% expectation that the rate could be sharply reduced by 0.50%. In my opinion, this is quite a high probability, considering that extremely bad labor market news came out on Friday and not all American traders have "woken up" yet. However, negative news has also increased concerns that the economy may begin to stagnate and could face stagflation, where slowing growth is accompanied by rising inflation. This week, inflation reports come to the forefront, with the producer price report (PPI) due on Wednesday and the consumer price index (CPI) on Thursday. It is expected that the PPI will show a notable drop month-on-month, from 0.9% in July to 0.3% in August. At the same time, the overall CPI may show an upward trend for last month, which could, counter-intuitively, increase negativity due to fears of the US economy sliding into stagflation, rather than optimism from an upcoming Fed rate cut. So, what can we expect today in the markets? I believe overall market activity will be subdued until the inflation numbers are released. However, in general, a positive trend will prevail, as investors are interested not only in the upcoming inflation reports, but also the final Fed monetary policy decision, which will be announced on September 17th and is expected to involve a rate cut. On this wave, we can expect a turnaround lower for the dollar on the Forex market, followed by an increase in stock indices, which are already moving up in Asia and Europe. Cryptocurrencies and gold prices will also receive notable support. Upon evaluating the overall market landscape, I find it to be largely positive. Day's Forecast: EUR/USD The pair remains within the 1.1610–1.1735 range, from which it could break out to the upside on the back of the Fed's rate decision. A lack of strong inflation growth in the US may boost this upward momentum. On this wave, the pair may rise towards 1.1810. The level of 1.1744 can be used as an entry point for buying. GOLD Gold prices continue to rise after a brief consolidation and have already surpassed 3600.00. Dollar weakness amid the expected rate cut could push gold quotes up to 3650.00. The 3609.00 mark may serve as a buying level. The material has been provided by InstaForex Company - www.instaforex.com

Trend analysis (Fig. 1). On Monday, from the level of 1.1718 (Friday's daily candle close), the market may begin moving downward with a target of 1.1691 – the 14.6% pullback level (blue dotted line). Upon reaching this level, an upward move is possible with a target of 1.1697 – the 76.4% pullback level (yellow dotted line). Fig. 1 (daily chart). Comprehensive analysis: Indicator analysis – up;Fibonacci levels – up;Volumes – up;Candlestick analysis – up;Trend analysis – up;Bollinger Bands – up;Weekly chart – up.Overall conclusion: Uptrend. Alternative scenario: From the level of 1.1718 (Friday's daily candle close), the price may start moving downward with a target of 1.1659 – the 23.6% pullback level (blue dotted line). Upon reaching this level, a pullback upward is possible with a target of 1.1680 – the 14.6% pullback level (blue dotted line). The material has been provided by InstaForex Company - www.instaforex.com

In a video analysis published today, the crypto chartist known as Cantonese Cat (@cantonmeow) laid out a multi-time-frame bullish case for Dogecoin, arguing that the asset is entering a third major cycle with technicals aligning for an upside break and multi-dollar targets—provided key resistance levels are cleared. “I’m extremely bullish on Dogecoin. I’m not going to be shy about it,” he said, adding that the current advance looks “a lot healthier than the last cycle.” Dogecoin Breakout Could Shock Bears Cantonese Cat frames the landscape first on the monthly chart, where the 20-month moving average has historically toggled from resistance to support at major inflection points. In his view, Dogecoin is now “kind of holding the 20-month moving average and taking a little bit of a stepwise approach on the way up here, forming overall higher highs and higher lows.” He also notes a quiet re-entry into the Ichimoku Cloud via consolidation rather than a blow-off impulse: “We are currently entering the Ichimoku cloud here very quietly by just going sideways. This is a break in of the cloud and this is bullish as far as I’m concerned.” Structurally, he characterizes the cycle as a classical base-building sequence. “It looks like a big giant cup with a handle,” he said, emphasizing that the handle retraced to a technically “reasonable” depth. With Fibonacci overlays applied, he observes that the pullback reached the 0.382 retracement—consistent with constructive, mid-cycle digestion—before price resumed trend. More broadly, he argues Dogecoin has been respecting Fibonacci pivots in an orderly, trend-like cadence: “Basically, you’re taking three steps forward, two steps back. This is a very healthy bull trend until proven otherwise.” On the weekly timeframe, he points to the confluence of the 20-week simple moving average and the 21-week exponential moving average—the support “band” many crypto traders track—as now acting as a floor rather than a ceiling. “You also broke above the support band resistance over here and flip into support. That’s also not a bearish thing here at all,” he said. The Ichimoku baseline has, in his words, been defended “at around 20 cents… very, very well for a long time,” while the 20-week average is “curling up,” further reinforcing the view that momentum is tilting higher. He also flags a “double bottom” and a successful back-test of the breakout zone that, taken together, leave him expecting upside resolution: “I think breakout is probably imminent whenever it wants to happen.” Cantonese Cat underscores multi-time-frame alignment as a key tell. According to his read, the 20-period moving average has been reclaimed on the daily, two-day, three-day, weekly, and monthly charts. The main near-term caveat is tactical: an “impulsive move” has pushed price “way outside the 12-hour bullish band,” which he believes explains the current pause. He also acknowledges a diagonal resistance line that may be undergoing a back-test, but does not see it as thesis-breaking. DOGE Price Targets For This Cycle When pressed by his own audience for destinations, he distinguishes between conditions and targets. He argues that last cycle’s run into a 2.272 logarithmic Fibonacci extension is unlikely to repeat verbatim. This time, he sees the 1.272, 1.414, and 1.618 extensions as more realistic markers—levels he maps to approximately “$1.50, $2.27, and maybe close to $4.” But he stresses the path-dependency: “Those are going to be the requirement for some of these higher targets to be met” only if Dogecoin can first clear the deep retracement band on this cycle. “We need to break above the 0.786 and the 0.86 this cycle,” he said, adding that “one level at a time, $0.41, $0.54, we need to break above those before we can really try to entertain some of these… greater than the dollar targets.” As for timing, he is explicit about uncertainty even as he reiterates direction. “All I can tell you is that Doge is probably ready for a big move up over the next few weeks. I don’t know when exactly that’s going to happen, but I am pretty bullish on Doge,” he said. He cautions against forcing precision on the calendar—“I never do any short-dated options… I don’t like to play with 3D chess and to be limited by time”—and instead describes a systematic accumulation strategy that has bought successive higher lows: “The market seems to keep giving me these higher lows to buy Doge at. I’m not going to say no to it.” The analytic through-line is that this cycle’s ascent is more measured than the last, with trend integrity—higher highs and higher lows, reclaimed moving averages across time frames, and cloud re-entry by drift rather than spike—offering a sturdier base for continuation. Whether that ultimately extends to “$1.50, $2.27, and maybe close to $4” will, in his framework, hinge on Dogecoin defeating the remaining retracement band and converting it to support. Until then, he concludes, the burden of proof remains on the bears: “This is not a bear trend at all.” At press time, DOGE traded at $0.231.

Gold prices continue to rise, directly linked to expectations of a more accommodative monetary policy from the US Federal Reserve. However, many other factors are also providing strong support for the metal. As the data shows, in August, the People's Bank of China increased its gold reserves for the tenth consecutive month, continuing to diversify its holdings by reducing the share of US dollars. This strategic decision is part of a broader dedollarization trend seen in several countries seeking greater financial independence and protection against dollar exchange rate fluctuations. The data indicate that China is not alone in its pursuit of gold. Many central banks worldwide are actively increasing their gold reserves, viewing this asset as a reliable store of value and a hedge against inflation. Gold has traditionally been regarded as a safe-haven asset during times of economic uncertainty, making it attractive to central banks looking to stabilize their reserves. The increase in China's gold holdings can also be seen as part of its efforts to strengthen the renminbi's position as an international currency. Backing the currency with gold reserves could boost global confidence in the yuan and contribute to its broader use in international trade and finance. According to data published Sunday, the gold reserves of the central bank increased by 0.06 million troy ounces last month to 74.02 million troy ounces. China began this round of gold purchases in November, having bought a total of 1.22 million troy ounces during this period. In recent days, gold has reached record highs. Expectations of a US rate cut and criticism of the Fed from the White House have acted as fresh catalysts for the rally. The price of precious metals has risen by more than 30% this year, exceeding $3,500 per ounce. This explosive growth reflects not only current economic instability, but also fears about the future of the financial system. The main factor driving the rise in precious metals prices is, without a doubt, declining trust in fiat currencies, especially the US dollar. Goldman Sachs, like many other experts, highlights the critical role of the Fed's independence in maintaining trust in the dollar and the financial system as a whole. If the Fed becomes politically compromised or yields to government pressure, this could seriously undermine investor confidence and spark further moves into safe-haven assets like gold. In this case, according to Goldman Sachs analysts, gold could reach $5,000 per ounce, an unprecedented level. As for the current technical picture for gold, buyers need to take out the nearest resistance at $3,600. This will allow a move towards $3,641, above which it will be quite problematic to break through. The most distant target will be the $3,682 area. If gold falls, the bears will try to gain control over $3,562. If they succeed, a break of this range will deal a severe blow to the bulls' positions and drive gold down to a minimum of $3,526, with the prospect of reaching $3,490. The material has been provided by InstaForex Company - www.instaforex.com