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Bitcoin has consolidated above $120,000 and is currently trading sideways—possibly preparing for a new wave of growth. According to analysts at JPMorgan, exchange-traded funds (ETFs) for new cryptocurrencies are likely to be approved soon but will attract significantly lower capital inflows than spot ETFs for Bitcoin or Ethereum. It is expected that the US Securities and Exchange Commission (SEC), after the government shutdown ends, will issue rulings this month on nearly 16 applications for cryptocurrency ETFs, including those linked to Solana and XRP. Although these discussions have been ongoing, forecasts from such major financial institutions should not be taken lightly. A positive decision would mark another step toward unlocking large-scale capital inflows into the digital asset market. Particular attention is being paid to the ETF applications tied to Solana and XRP—two of the most traded cryptocurrencies after Bitcoin and Ethereum. The approval of these funds would send a strong signal that these digital assets are being recognized as mature instruments capable of withstanding regulatory scrutiny. This could also provoke a sharp increase in their market value, opening new opportunities for both traders and long-term investors. It is worth noting that the SEC recently simplified the process by adopting universal listing standards, eliminating the need to file applications for specific tokens. This has led to a sharp rise in the number of crypto ETF filings. For Solana-based ETFs, October 10 is the final date for application submission, and anticipation around the approval is growing. Optimism surrounding a potential approval is already reflected in the premium of the Grayscale Solana Trust (GSOL) to its net asset value, which has dropped from over 750% last year to just slightly above zero now. This decline mirrors the performance of Grayscale's Bitcoin and Ethereum trusts ahead of their conversions into spot ETFs. JPMorgan states that a Solana ETF would still receive substantial capital inflows. However, while the likelihood of approval is high, the bank's analysts expect that investor demand will be relatively limited. It is estimated that net inflows may reach around $1.5 billion in the first year—about seven times less than what Ethereum ETFs attracted during their first year. Interestingly, this latest projection contrasts with earlier forecasts made by another JPMorgan team led by Kenneth B. Worthington, who estimated earlier this year that Solana ETFs, if approved, could attract between $2.7 billion and $5.2 billion in net inflows within 6 to 12 months. Trading recommendations: As for the technical picture on Bitcoin, buyers are currently targeting a return to the $122,400 level, which opens a direct path to $124,400—and from there, the $126,450 zone is within reach. The furthest upside target is around $129,100. Overcoming this level would indicate further strength in the bull market. In the event of a pullback, buyers are expected at the $120,600 level. If the price falls below this zone, BTC could quickly decline toward $119,000. The most distant target to the downside is the $117,100 area. As for Ethereum, a confident consolidation above $4,403 opens the way to $4,502. The furthest target is the $4,582 maximum. Surpassing this level would mean a strengthening of the bull trend and growing buyer interest. If Ethereum starts to fall, buyers are expected at the $4,318 level. A drop below this area could push ETH further down to $4,244, with the most distant support level at $4,155. What we see on the chart: - Red lines indicate support and resistance levels, where a short-term pause or sharp price movement is expected; - Green lines – 50-day moving average; - Blue lines – 100-day moving average; - Light green lines – 200-day moving average. A crossover, or price test, of moving averages typically either halts a trend or triggers a fresh market impulse. The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis (Fig. 1). On Friday, from the level of 1.3300 (yesterday's daily candle close), the market may continue to move downward toward the target of 1.3232 – a historical support level (blue dotted line). When testing this level, a pullback upward is possible with a target of 1.3278 – the 76.4% retracement level (yellow dotted line). Fig. 1 (daily chart). Comprehensive Analysis: Indicator analysis – downward;Fibonacci levels – downward;Volumes – downward;Candlestick analysis – downward;Trend analysis – downward;Bollinger Bands – downward;Weekly chart – upward.General conclusion: downward trend. Alternative scenario: From the level of 1.3300 (yesterday's daily candle close), the price may continue to move downward toward the target of 1.3226 – the 85.4% retracement level (yellow dotted line). When testing this level, a pullback upward is possible with a target of 1.3278 – the 76.4% retracement level (yellow dotted line). The material has been provided by InstaForex Company - www.instaforex.com

Canary Capital’s Trump Coin ETF (ticker: TRPC) has appeared on the Depository Trust & Clearing Corporation (DTCC) platform, a key milestone that typically indicates operational readiness for clearing and settlement. While that energized traders, it’s not a green light to trade as the SEC must still approve the fund, and analysts broadly expect a decision no earlier than early 2026. Even so, the listing places TRPC alongside a growing wave of crypto-themed products, most notably 21Shares’ DOGE ETF, that signal rising institutional appetite for meme-coin exposure via regulated wrappers. Market reaction: liquidity, open interest, and key price levels The DTCC move coincided with surging volumes on Binance, Bybit, and OKX, plus a 6% rise in open interest to $350.9 million, pointing to fresh positioning across derivatives. Technically, analyst, Mr. Albert, notes $7.00 has acted as a support zone, with a potential breakout above $7.80–$8.00 opening room toward the psychological $10.00. That path likely hinges on two catalysts: (1) regulatory progress and (2) treasury accumulation. On the latter, issuer-affiliated Fight Fight Fight LLC has floated plans to raise $200 million–$1 billion to build a token treasury and support market liquidity, an initiative that, if executed, could bolster price stability around inflection points. The underlying TRUMP token remains volatile, trading near $7.8–$8 and still 90% below its January peak around $75. That backdrop explains the appeal of an ETF structure offering brokerage access, standard settlement, and custody controls, features that larger allocators often require before deploying capital at scale. Will the SEC Say Yes to the Trump Coin ETF? What to Watch Next Experts caution that DTCC listing is not an SEC approval. Historically, the Commission has preferred to see robust, regulated futures markets before green-lighting spot products for novel assets. Until formal guidance arrives, a more incremental route (e.g., diversified funds or alternative structures) may be likelier than a standalone spot ETF going live in the near term. Key watchpoints: Regulatory timeline: Any staff comments, amended filings, or rule-change notices tied to TRPC. Market microstructure: Sustained open-interest growth without excessive funding spikes, a sign of healthy, spot-led demand versus frothy leverage. Treasury actions: Verified updates on the proposed capital raise and buyback plan. The DTCC listing thrusts Trump Coin into Wall Street’s workflow, amplifying visibility and lowering operational friction. If $7.80–$8.00 breaks with volume, and regulator and treasury headlines cooperate, bulls will eye $10 next. Cover image from ChatGPT, TRUMPUSD chart from Tradingview

The XRP price has been struggling to break through the $3 resistance level, which has proved to be a formidable barrier for the token over the past two months. However, recent news of Ripple’s expansion into the Kingdom of Bahrain has sparked renewed optimism among investors, fueling new bullish predictions for the altcoin. Ripple’s New Partnership With BFB On Thursday, Ripple announced a strategic partnership with Bahrain Fintech Bay (BFB), the largest fintech incubator in the Kingdom. This collaboration aims to enhance Bahrain’s digital assets ecosystem by supporting the development of proofs-of-concept and pilot projects relevant to the local fintech landscape. The partnership will also showcase various solutions in areas like blockchain technology, cross-border payments, stablecoins, and tokenization. Ripple and BFB plan to lead educational initiatives and participate in local events to foster innovation and build industry partnerships. Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, expressed enthusiasm for working with BFB to establish a robust local blockchain industry and to offer Ripple’s digital assets custody solution and its stablecoin, RLUSD, to financial institutions in Bahrain. Suzy Al Zeerah, Chief Operating Officer at BFB, echoed this sentiment, highlighting the partnership’s potential to bridge global innovators with Bahrain’s local ecosystem and to drive fintech innovation in the region. 4 Anticipated Catalysts For The XRP Price Looking ahead, analysts from The Motley Fool have pointed out that the US Securities and Exchange Commission (SEC) is expected to make a decision on the recent influx of XRP exchange-traded funds (ETFs) by October or November, which could significantly attract both retail and institutional investors. In July, Ripple applied for a US bank charter, a move that could also enhance the utility of XRP as a bridge currency. The analysts also highlighted the introduction of Ripple USD, which may appeal to international users looking to hedge against hyperinflation while lacking access to US dollars. The anticipated rollout of sidechains to support Ethereum-based smart contracts on the XRP Ledger could also position Ripple as a more attractive option for developers. Speculation suggests that Ripple may make announcements regarding these sidechains at its upcoming Swell event in New York in early November. The Motley Fool’s analysts also believe the Federal Reserve’s (Fed) potential reduction of benchmark rates in 2025 and 2026 could catalyze a “crypto summer.” Such conditions might drive the XRP price upward, with eyes on the $4, which could mean a 42% rally in the coming months. When writing, the XRP price trades at approximately $2.81, resulting in a major gap of 23% between current trading prices and the altcoin’s all-time high set at $3.65. Featured image from DALL-E, chart from TradingView.com

Trend Analysis (Fig. 1). On Friday, from the level of 1.1556 (yesterday's daily candle close), the market may continue to move downward toward the target of 1.1529 – the lower boundary of the Bollinger Bands indicator (black dotted line). When testing this line, a pullback upward is possible with a target of 1.1556 – the historical support level (blue dotted line). Fig. 1 (daily chart). Comprehensive Analysis: Indicator analysis – downward;Fibonacci levels – downward;Volumes – downward;Candlestick analysis – downward;Trend analysis – downward;Bollinger Bands – downward;Weekly chart – upward.General conclusion: downward trend. Alternative scenario: Today, from the level of 1.1556 (yesterday's daily candle close), the price may continue to move downward with a target of 1.1542 – the lower fractal (daily candle from October 9, 2025). When testing this level, a pullback upward is possible with a target of 1.1556 – the historical support level (blue dotted 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

LTC USD is showing promising signs for potential extension to the upside. Miners and investors are eager to see it happen, but will their dreams come true? Traders are standing in anticipation, and some have already taken their positions as .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Litecoin LTC $129.31 11.20% Litecoin LTC Price $129.31 11.20% /24h Volume in 24h $2.19B Price 7d DISCOVER: 16+ New and Upcoming Binance Listings in 2025 The LTC/USD pair on Galaxy’s chart appears to have been consolidating for approximately 5-6 years. Although the range is very broad, the price indeed appears to be range-bound. The moves over the past week look promising. So let’s dig in! LTC USD Looking For 100% Price Increase, Or Major Rejection? (Source –Tradingview, LTCUSD) Let us begin today’s analysis with the higher-timeframe weekly chart. Seeing all the way back to the 2021 bull run, a clear range can be identified between $55 and $140. As mentioned above, huge volatility. What is important for traders to see here is that the price is trading above all Moving Averages and closing in on the resistance level. A break of $140 can easily shoot the price to 2021 highs in just a few weeks. RSI has plenty of room to grow. DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025 (Source – Tradingview, LTCUSD) Our next chart for analysis is on the Daily timeframe. Another Higher timeframe that is good to keep an eye on. RSI here is entering the oversold zone. Though, as we see on the July run, the price retraced a bit and then made a higher high with a weaker RSI. This preceded the sell-off in August and September. There is also a clear ascending channel since April. Price is above all MAs, and now we need to sit back and watch for a reaction. Market Cap 24h 7d 30d 1y All Time DISCOVER: 10+ Next Crypto to 100X In 2025 To Sit On My Hands, Or Not To Sit On My Hands? (Source – Tradingview, LTCUSD) The forever question every trader should ask. And the answer is yes. Because for some, it might be time not to enter a position. For others, it’s time for action. It all depends on the trading rules one abides by – they provide the answer. If you don’t have clearly defined trading rules, you can’t trade with clarity and good risk management. That being said, on this Lower Timeframe, 4H chart, we see a strong impulse to the upside, after LTC USD reclaimed all Moving Averages. Accompanied by a surge in volume, it can mean that bulls are stepping in. An entry here with a stop below $100 makes 1R = $30. Is it worth it? It depends – if the Take Profit target is $260, that is a 1:4.8 RR trade and is worth it. If the $140 level is broken, the price should easily run to $260 and beyond! Measure your risk, decide on your entry, and protect your capital! DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Join The 99Bitcoins News Discord Here For The Latest Market Update LTC USD Poised For 100% Price Increase? LTC USD is in an ascending channel since April, targeting resistance at $140. RSI on 1W has room to grow, while on 1D and 4H it is rather high Price is trading above all Moving Averages, suggesting bulls are strong now A break of $140 resistance could trigger a fast 2x run The post LTC USD Poised For 100% Price Increase? appeared first on 99Bitcoins.

Following a slight slump yesterday from its recent highs, Bitcoin (BTC) is now trading in the low $120,000 range. Meanwhile, BTC’s miner correlation has undergone a significant shift over the past few months, indicating a clear change in market dynamics between miner behavior and price direction. Bitcoin Miner Correlation Turns Negative According to a CryptoQuant Quicktake post by contributor Arab Chain, fresh data from Binance shows that Bitcoin price and miner flows to the crypto exchange have undergone a significant shift in recent months. Specifically, the 30-Day Rolling Correlation indicator has tumbled to its lowest level since March 2025. On October 3, this indicator fell to -0.157, its lowest reading in more than five months. Since then, it has remained close to the -0.10 range. For the uninitiated, the 30-day rolling correlation indicator measures how closely two variables, such as Bitcoin’s price and miner flows, move together over the past 30 days. A positive value means they typically rise or fall in tandem, while a negative value means they move in opposite directions. It is worth noting that the indicator had previously been moving within a positive range of 0.1 to 0.5 during Q2 2025. The shift from positive rage to negative suggests that the recent surge in BTC price has not been driven by miner flows to exchanges. This is in stark contrast to previous cycles, where miner flows to exchanges played a key role in BTC’s price movement. However, the current cycle’s positive price action can be attributed to increased demand from investors and institutions. Arab Chain added: In past cycles, when the price rose, miners often transferred larger amounts of Bitcoin to exchanges to sell and take profits, creating a positive correlation between price and miner flows – meaning that as prices increased, flows also increased. Arab Chain added that the decline in correlation indicates a phase of “price independence” where miners opt to hold their BTC rather than sell it during times of price appreciation. A fall in miner signal is usually considered a bullish signal, as it reduces BTC’s circulating supply. That said, if the correlation turns strongly positive again, it could signal the return of selling pressure and a medium-term price correction could be expected. At present, the BTC market is showing a healthy balance between demand and supply. BTC Needs To Defend This Level Following BTC’s fall to the low $120,000 range, some crypto analysts say that the top cryptocurrency must defend the $120,600 level to avoid further crash. However, not all analysts are bearish on BTC just yet. For instance, crypto entrepreneur Arthur Hayes predicts that US President Donald Trump could send BTC to $250,000 by the end of 2025. At press time, BTC trades at $121,375, down 0.8% in the past 24 hours.

Trend is your friend—follow the trend. If you bought U.S. stocks earlier, there's nothing to worry about. If not, be patient. Wait for a pullback, then buy the dip. This is the current primary strategy for trading the S&P 500. The broad stock index has closed in the red only two times over the last ten sessions. However, it's premature to speak of any meaningful correction. Regardless of lofty fundamentals, the stock market still holds strong cards. Yes, the price-to-expected-earnings ratio for the S&P 500 is fluctuating near the highest levels seen since the dotcom crisis. However, a still-strong U.S. economy, continued Federal Reserve monetary expansion, artificial intelligence technologies, and expectations of positive Q3 corporate earnings are all contributing factors to the resilience of the uptrend. P/E Ratio Dynamics of the S&P 500 The broad stock index may transition into consolidation due to market fatigue, but a deep pullback is unlikely. Truist notes that since 1957, the current "bull" market ranks as the 11th in history. Since the October 2022 lows, the S&P 500 has risen by 90%. This is below the median growth observed in similar previous trends. Moreover, 7 out of the last 10 bullish cycles lasted more than three years. Therefore, the S&P 500 still has room to grow—especially with speculative positioning from traders, hedge funds, and asset managers far from extreme levels. Speculative Positioning Dynamics in the S&P 500 The threat of a government shutdown does not shake the broad stock index. Particularly as negotiations between Democrats and Republicans increase the likelihood that it will end soon. One proposal under discussion is a temporary extension of the Affordable Care Act, with new exceptions for wealthy Americans earning over $200,000 per year. This government shutdown may not last 35 days as it did during Donald Trump's first term. Is that better for the S&P 500? It's hard to say. A shutdown forces the Fed to act blindly—cutting rates without employment or inflation data. Only a cooling economy would push the central bank to continue its monetary expansion cycle, should the government quickly resume its operations. For now, the market is overlooking the division within the Fed. While New York Fed President John Williams is ready to continue rate cuts amid a cooling labor market, his FOMC colleague Michael Barr is concerned about inflation risks in the U.S. Have the derivatives markets overestimated the likelihood of monetary expansion in 2025? Technically, on the daily chart, the S&P 500 is exhibiting mixed bar dynamics. This increases the risk of forming a consolidation zone between 6650 and 6800. It is advisable to shift from outright purchases of the broad index to short-term selling on upward moves, followed by a strategic reversal and formation of long-term long positions. The material has been provided by InstaForex Company - www.instaforex.com

Key takeaways Gold (XAU/USD) surged 8.5% since late September, breaking above US$4,000 to hit a new all-time high of US$4,059.The rally is driven by demand for inflation hedges and fears of fiat currency debasement amid fiscal concerns.Technical indicators show an overstretched uptrend, raising the risk of a short-term pullback below US$4,012.The medium-term uptrend remains intact, as Gold stays above its key 20-day and 50-day moving averages. This is a follow-up analysis and a timely update of our prior publication, “Gold (XAU/USD): In a bullish consolidation above US$3,688 despite a firmer US dollar”, published on 26 September 2025. The price actions of Gold (XAU/USD) have indeed shaped the expected bullish impulsive up move sequence and rallied by 8.5% since 26 September 2025, broke above the US$3,865 resistance highlighted in our previous analysis, and hit a fresh all-time intraday high of US$4,059 on Wednesday, 8 October 2025. Interestingly, the US dollar also rebounded over the same period, where the US Dollar Index rose by 1.4% to hit a two-month high. Inflation hedge and debasement trade are supporting the major uptrend in Gold The macro narrative that is supporting the ongoing major bullish trend in the previous yellow metal that surpassed the key US$4,000 psychological level has been a sticky inflation trend in the US (as an inflationary hedge), and “debasement trade” where growing fiscal concerns in the world’s biggest economies, such as the US, led to a bet against (distrust) fiat currencies. Macro factors drive the medium-term and longer-term trends, but within such trends, there will be mean-reversion price action behaviours that can last for multiple days as leveraged speculators adjust their positions. At this juncture, the current seven-week of bullish acceleration in Gold (XAU/USD) has reached a potential tipping point for a multi-day mean reversion decline within its medium-term uptrend phase. Fig. 1: Gold (XAU/USD) minor trend as of 10 Oct 2025 (Source: TradingView) Fig. 2: Gold (XAU/USD) medium-term & major trends as of 10 Oct 2025 (Source: TradingView) Preferred trend bias (1-3 days) Bearish bias below US$4,012 for a potential mean reversion decline scenario to unfold for Gold (XAU/USD) within its medium-term uptrend to expose the intermediate supports at US$3,892, US$3,864, and US$3,834/3,819 (also the rising 20-day moving average) (see Fig. 1) Key elements The medium-term uptrend phase for Gold (XAU/USD) since the bullish breakout of its “Ascending Triangle” range resistance on 29 August 2025 remains intact as price actions remain above its 20-day and 50-day moving averages (see Fig. 2)The daily Bollinger Bandwidth of Gold (XAU/USD), a measurement of the volatility of its trend, has jumped significantly from 26 September 2025’s value of 8.6 to 9 October 2025’s value of 12.7 (see Fig. 2).This observation, seen in the Bollinger Bandwidth, suggests the current medium-term uptrend phase has reached an overstretched condition that increases the risk of a mean reversion decline scenario for Gold (XAU/USD) (see Fig. 2).The hourly RSI momentum indicator of Gold (XAU/USD) has continued to flash out a short-term bearish momentum condition as it remained capped below a descending resistance at the 50 level, in turn supporting a mean reversion decline scenario (see Fig. 1).Alternative trend bias (1 to 3 days) A clearance above the US$4,012 key short-term resistance on Gold (XAU/USD) invalidates the mean reversion decline scenario to kickstart a new bullish impulsive up move sequence for the next intermediate resistances to come in at US$4,084/4,087 and US$4,122/4,150. 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.

Bitcoin (BTC) is holding a tight range around $121,000–$123,000 after tapping a fresh all-time high near $126,000 earlier this week. Under the surface, demand remains robust as U.S. spot Bitcoin ETFs just logged an eighth straight day of net inflows, with one session alone adding $441 million. Over the past week, cumulative ETF net flows have climbed by billions, pushing total Bitcoin ETF assets toward $160 billion. This steady pipeline of capital, now a fixture of pension funds, RIAs, and asset managers, continues to soak up more BTC than miners create, tightening free float and muting deeper pullbacks. The setup reinforces Bitcoin’s evolving role as a portfolio diversifier and inflation hedge, especially as the U.S. dollar wobbles and macro uncertainty lingers. Technical Levels Point Bitcoin (BTC) to $117K Support, $125K–$126K Ceiling After the spike to new highs, BTC is digesting gains in a sideways band. $125,000–$126,000 remains the near-term ceiling; a decisive daily close above that zone would likely unlock momentum toward $128,000–$130,000 and extend price discovery. On the downside, $117,000 is developing as the first key support, aligning with a heavy cost-basis cluster and prior breakout structure. A deeper fade could probe $114,000 near the 50-day moving average, where trend buyers may re-engage. Momentum indicators are neutral-to-constructive (RSI mid-zone, MACD flattening), consistent with healthy consolidation above rising MAs. Traders are watching for: Spot-led strength over derivatives (cleaner advances). ETF inflows staying positive (supports dips). Range break above $126,000 on expanding volume (bullish confirmation). Scarcity Meets Institutional Liquidity Bitcoin’s post-halving issuance of 450 BTC/day collides with institutional demand that’s arriving “on schedule” via ETFs, creating a structural supply deficit. Year to date, institutional accumulation has outpaced new supply many times over, a dynamic that historically precedes trend extensions. Add in the dollar-debasement narrative, stubborn inflation, rising debt, and policy ambiguity, and credibly scarce assets like BTC and gold remain in favor. With net inflows recurring and macro tailwinds intact, a range break toward $130,000 looks increasingly plausible in Q4, provided $117,000 holds on dips and $125,000–$126,000 gives way on a high-volume push. Cover image from ChatGPT, BTCUSD chart from Tradingview

Bitcoin once again failed to hold near the $124,000 level, after which it quickly pulled back downward, returning to where it had started the day. Ethereum also came under pressure. Yesterday, it was announced that Luxembourg became the first EU country to invest 1% of its sovereign wealth fund in a Bitcoin ETF. This step will undoubtedly go down in history as a precedent signaling a new era in how state financial institutions perceive cryptocurrency. Once viewed as a high-risk asset, Bitcoin and its counterparts are now gradually gaining the trust of those managing public finances. Luxembourg's decision is not just a matter of portfolio diversification—it is a bold experiment that may pave the way for other countries. The small but proud Grand Duchy has always been progressive in financial matters, and this time is no exception. A 1% allocation may seem small, but it carries enormous symbolic weight. Now all attention is focused on what happens next. Will other EU countries see this as a positive signal and follow Luxembourg's lead? Will isolated cases turn into a trend? The answers to these questions will shape the future of cryptocurrency in Europe and its role in the global financial system. In any case, Luxembourg has already written its name into the history of the crypto industry. This step is further evidence that Bitcoin is gradually entering the mainstream and is no longer just for crypto enthusiasts. Regarding intraday strategy in the cryptocurrency market, I will continue to react to any major dips in Bitcoin and Ethereum, counting on the continuation of a medium-term bull market, which remains intact. For short-term trading, the strategy and conditions are described below. Bitcoin Scenario for BuyingScenario 1: I will buy Bitcoin today upon reaching the entry point near $122,000 with a target of rising to $123,100. At around $123,100, I will exit long positions and sell immediately on the pullback. Before buying on a 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 be bought from the lower boundary at $121,200 in the absence of a market reaction to its breakout, in anticipation of a move back toward $122,000 and $123,100. Scenario for SellingScenario 1: I will sell Bitcoin today upon reaching the entry point near $121,200 with a target of falling to $120,400. At around $120,400, I will exit short positions and buy immediately on the rebound. Before selling on a breakout, make sure the 50-day moving average is above the current price and the Awesome Oscillator is in negative territory. Scenario 2: Bitcoin can be sold from the upper boundary at $122,000 if there is no market reaction to its breakout, anticipating a move down toward $121,200 and $120,400. Ethereum Scenario for BuyingScenario 1: I will buy Ethereum today upon reaching the entry point near $4383 with a target of rising to $4472. Around $4472, I will exit long positions and sell immediately on the pullback. Before buying on a breakout, make sure the 50-day moving average is below the current price and the Awesome Oscillator is in positive territory. Scenario 2: Ethereum can be bought from the lower boundary at $4326 in the absence of a market reaction to its breakout, in anticipation of a move back toward $4383 and $4472. Scenario for SellingScenario 1: I will sell Ethereum today upon reaching the entry point near $4326 with a target of falling to $4230. Around $4230, I will exit short positions and buy immediately on the rebound. Before selling on a breakout, make sure the 50-day moving average is above the current price and the Awesome Oscillator is in negative territory. Scenario 2: Ethereum can be sold from the upper boundary at $4383 in the absence of a market reaction to its breakout, in anticipation of a move down toward $4326 and $4230. The material has been provided by InstaForex Company - www.instaforex.com

Review of Trades and Trading Tips for the Japanese YenA test of the 152.87 level occurred when the MACD indicator began moving upward from the zero line, confirming a correct entry point for buying the dollar, which resulted in a 35-pip rise in the pair. The Japanese yen remained under pressure after additional U.S. Federal Reserve officials expressed concern about inflation yesterday, preferring a more cautious position on interest rates. The market reacted instantly to such rhetoric: the yen—already influenced by the dovish political stance of the new Prime Minister—faced additional selling pressure. The future direction of the USD/JPY pair will depend on how closely aligned the views of the central bank are with those of the new Prime Minister. It is worth recalling that the Japanese central bank had been laying the groundwork for a more hawkish monetary policy, whereas the new Prime Minister supports a return to stimulus measures aimed at supporting economic growth. As for the intraday strategy, I will rely primarily on implementing Scenarios 1 and 2. Scenarios for BuyingScenario 1: I plan to buy USD/JPY today upon reaching the entry point around 152.94 (green line on the chart), with a target of rising to 153.31 (thicker green line on the chart). Around 153.31, I intend to exit long positions and open short positions in the opposite direction (expecting a 30–35 pip reversal from the level). It is best to return to buying the pair during corrections and substantial pullbacks in USD/JPY. Important: Before buying, make sure the MACD indicator is above the zero line and has just started rising from it. Scenario 2: I also plan to buy USD/JPY today if there are two consecutive tests of the 152.66 price level while the MACD indicator is in the oversold zone. This will limit the pair's downside potential and lead to an upward reversal of the market. Price movement may continue toward 152.94 and 153.31. Scenarios for SellingScenario 1: I plan to sell USD/JPY today only after a breakout below the 152.66 level (red line on the chart), which would lead to a rapid decline in the pair. The key target for sellers will be the 152.30 level, where I plan to exit short positions and immediately open long positions in the opposite direction (anticipating a 20–25 pip reversal from the level). It is best to sell from as high a point as possible. Important: Before selling, make sure the MACD indicator is below the zero line and has just started to decline from it. Scenario 2: I also plan to sell USD/JPY today in case of two consecutive tests of the 152.94 level while the MACD indicator is in the overbought zone. This will limit the upside potential of the pair and result in a downward market reversal. The expected targets are 152.66 and 152.30. What is represented on the chart:A thin green line — the entry price at which the trading instrument can be bought A thick green line — the estimated level where taking profit is advisable or where profit can be fixed manually, since further growth above this level is unlikely A thin red line — the entry price at which the trading instrument can be sold A thick red line — the estimated level where taking profit is advisable or where profit can be fixed manually, since further decline below this level is unlikely MACD Indicator — When entering the market, it is important to consider overbought and oversold zones Important. Beginner traders in the Forex market must make very cautious decisions when entering the market. Before important fundamental reports are released, the best option is to stay out of the market to avoid sudden price volatility. If you decide to trade during data releases, always place stop orders to minimize losses. Without using stop orders, you can very quickly lose your entire deposit, especially if you avoid using money management and trade in large volumes. And remember, for successful trading, you need a clear trading plan, like the one presented above. Making spontaneous trading decisions based on the current market situation is an inherently losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Review of Trades and Trading Tips for the British PoundA price test at 1.3369 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a correct entry point for selling the pound. As a result, the pair declined toward the target level of 1.3331. The British pound plummeted after additional U.S. Federal Reserve officials expressed concern over inflation yesterday, favoring a more cautious stance on interest rate policy. This unexpected tightening in the rhetoric of the U.S. central bank had an immediate impact on the currency markets. Investors, who had previously hoped for a quick rate cut to stimulate the economy, are now forced to revise their strategies. The pound, which is traditionally sensitive to changes in U.S. monetary policy, came under intense pressure. The reason for this sharp shift in Fed sentiment lies in persistently high inflation, which, contrary to expectations, shows little sign of weakening. Fed officials fear that further monetary easing could lead to uncontrolled price growth and destabilization of the financial system. Today, there is no economic data from the United Kingdom. Therefore, in the first half of the day, the pair may show a slight recovery. After yesterday's sell-off marathon—triggered by concerns over the Fed's monetary policy trajectory and its potential impact on the British economy—this break in the news flow creates opportunities for technical correction. The absence of new macroeconomic data that could worsen investor sentiment may allow the pair to take a breather and recover some of the lost ground. However, optimism should be treated with caution. Any recovery will likely be short-term and limited. The fundamental challenges pressuring the British pound have not gone away. As for the intraday strategy, I will focus mainly on implementing Scenarios 1 and 2. Scenarios for BuyingScenario 1: I plan to buy the pound today upon reaching the entry point around 1.3315 (green line on the chart), with a target of rising to 1.3346 (thicker green line on the chart). Around 1.3346, I intend to exit long positions and open short positions in the opposite direction (anticipating a 30–35 pip pullback from the level). Buying the pound today should be considered only within the framework of a correction. Important: Before buying, make sure the MACD indicator is above the zero line and has just started to rise from it. Scenario 2: I also plan to buy the pound today in case of two consecutive tests of the 1.3298 level while the MACD indicator is in the oversold zone. This will limit the downside potential of the pair and lead to an upward reversal. Growth can be expected toward 1.3315 and 1.3346. Scenarios for SellingScenario 1: I plan to sell the pound today after breaking below the 1.3298 level (red line on the chart), which will lead to a quick decline of the pair. The key target for sellers will be 1.3272, where I intend to exit short trades and immediately open long trades in the opposite direction (anticipating a 20–25 pip move back from the level). Pound sellers will seek to extend their advantage at every opportunity. Important: Before selling, make sure the MACD indicator is below the zero line and has just started to decline from it. Scenario 2: I also plan to sell the pound today in case of two consecutive tests of the 1.3315 level while the MACD indicator is in the overbought zone. This will limit the upside potential of the pair and result in a downward reversal. Price movement may continue toward 1.3298 and 1.3272. What is represented on the chart:A thin green line — the entry price at which the trading instrument can be bought A thick green line — the estimated level where taking profit is advisable or where profit can be fixed manually, since further growth above this level is unlikely A thin red line — the entry price at which the trading instrument can be sold A thick red line — the estimated level where taking profit is advisable or where profit can be fixed manually, since further decline below this level is unlikely MACD Indicator — When entering the market, it is important to consider overbought and oversold zones Important. Beginner traders in the Forex market must make very cautious decisions when entering the market. Before important fundamental reports are released, the best option is to stay out of the market to avoid sudden price volatility. If you decide to trade during data releases, always place stop orders to minimize losses. Without using stop orders, you can very quickly lose your entire deposit, especially if you avoid using money management and trade in large volumes. And remember, for successful trading, you need a clear trading plan, like the one presented above. Making spontaneous trading decisions based on the current market situation is an inherently losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Review of Trades and Trading Tips for the European CurrencyA price test at 1.1615 occurred when the MACD indicator had just begun moving downward from the zero line, confirming a correct entry point for selling the euro. As a result, the pair declined toward the target level of 1.1574. Yesterday's comments from U.S. Federal Reserve officials regarding the inadvisability of further monetary easing triggered a strengthening of the U.S. currency and a weakening of the European one. Today, the absence of economic data from the eurozone suggests the possibility of a short-term correction in the euro, but it is unlikely that buyers will be able to recover all of yesterday's losses without favorable news. Long-term forecasts for the European currency remain pessimistic. Constant threats of economic recession, political challenges in France, and weak industrial growth in Germany are all reasons to continue selling the euro within the downtrend. As a result, today the euro may show a slight upward correction, but this should not give rise to excessive optimism. It is important to exercise caution and monitor news from the euro area that could instantly undermine this fragile increase. As for the intraday strategy, I will rely mainly on implementing Scenarios 1 and 2. Scenarios for BuyingScenario 1: Today, the euro can be bought upon reaching the price zone around 1.1579 (green line on the chart) with a target of rising to 1.1603. At 1.1603, I plan to exit the market and also to sell the euro in the opposite direction, aiming for a 30–35 pip move from the entry point. A bullish outlook on the euro is valid only as part of a correction. Important: Before buying, make sure the MACD indicator is above the zero line and has just started to rise from it. Scenario 2: I also plan to buy the euro today if there are two consecutive tests of the 1.1563 price level while the MACD indicator is in the oversold area. This limits the downside potential of the pair and may lead to an upward reversal. Expected targets are 1.1579 and 1.1603. Scenarios for SellingScenario 1: I plan to sell the euro after the price reaches the 1.1563 level (red line on the chart). The target is 1.1542, where I plan to exit the market and buy in the opposite direction (aiming for a 20–25 pip move in the reverse direction from the level). Downward pressure on the pair can return at any moment today. Important: Before selling, make sure the MACD indicator is below the zero line and has just started to decline from it. Scenario 2: I also plan to sell the euro today in case of two consecutive tests of the 1.1579 price level while the MACD indicator is in the overbought zone. This limits the upside potential of the pair and may result in a downward reversal. Expected targets are 1.1563 and 1.1542. What is represented on the chart:A thin green line — the entry price at which the trading instrument can be bought A thick green line — the estimated level where taking profit is advisable or where profit can be fixed manually, since further growth above this level is unlikely A thin red line — the entry price at which the trading instrument can be sold A thick red line — the estimated level where taking profit is advisable or where profit can be fixed manually, since further decline below this level is unlikely MACD Indicator — When entering the market, it is important to consider overbought and oversold zones Important. Beginner traders in the Forex market must make very cautious decisions when entering the market. Before important fundamental reports are released, the best option is to stay out of the market to avoid sudden price volatility. If you decide to trade during data releases, always place stop orders to minimize losses. Without using stop orders, you can very quickly lose your entire deposit, especially if you avoid using money management and trade in large volumes. And remember, for successful trading, you need a clear trading plan, like the one presented above. Making spontaneous trading decisions based on the current market situation is an inherently losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

American Dollar Strengthens Against All Currencies The reason was the latest statements from U.S. Federal Reserve representatives, who indicated that, given the current government shutdown, further reductions in interest rates would be inappropriate. Against the backdrop of budgetary turmoil in Washington, where uncertainty about the future of fiscal policy continues to grow, such rhetoric from the U.S. central bank came as unexpected and, essentially, counterproductive under current circumstances. Traders who had expected a more flexible stance from the Fed reacted by selling euros and moving into dollar-denominated assets they considered more reliable. However, the long-term consequences of this move remain unclear. The strengthening of the dollar will undoubtedly put pressure on American exporters, whose products will become less competitive in the global market. On the other hand, this same development is likely to help reduce inflationary pressure, as imported goods will become cheaper for American consumers. Today, there is no statistical data from the Eurozone, so the euro may get a chance for a slight correction. However, this potential rebound should not be overestimated. The lack of fundamental drivers does not guarantee sustainable growth. Instead, it is a matter of technical necessity—a temporary breather after a strong downward movement. Market players may try to take profits after successful euro shorts, potentially pushing the exchange rate upward temporarily. Nevertheless, the long-term prospects for the European currency remain bleak. The looming threat of recession, political crisis, and geopolitical instability creates an unfavorable environment for the euro. Any negative news from the region could again collapse the exchange rate, offsetting all attempts at correction. There is also no statistical data from the UK today, so the pound has every chance to continue falling toward new monthly lows. If data aligns with analysts' expectations, it is advisable to rely on the Mean Reversion strategy. If data significantly exceeds or falls short of expectations, using the Momentum strategy is recommended. Momentum Strategy (Breakout Strategy):EUR/USDBuying on a breakout above 1.1580 may lead to euro growth toward 1.1611 and 1.1655Selling on a breakout below 1.1555 may result in a decline toward 1.1520 and 1.1489GBP/USDBuying on a breakout above 1.3310 may lead to pound growth toward 1.3330 and 1.3360Selling on a breakout below 1.3295 may result in a drop toward 1.3270 and 1.3225USD/JPYBuying on a breakout above 152.90 may lead to dollar growth toward 153.20 and 153.60Selling on a breakout below 152.60 may result in dollar declines toward 152.30 and 152.00Mean Reversion Strategy: EUR/USDWill look to sell after a failed breakout above 1.1583 with a return below this levelWill look to buy after a failed breakout below 1.1556 with a return to this level GBP/USDWill look to sell after a failed breakout above 1.3319 with a return below this levelWill look to buy after a failed breakout below 1.3288 with a return to this level AUD/USDWill look to sell after a failed breakout above 0.6583 with a return below this levelWill look to buy after a failed breakout below 0.6555 with a return to this level USD/CADWill look to sell after a failed breakout above 1.4026 with a return below this levelWill look to buy after a failed breakout below 1.4004 with a return to this levelThe material has been provided by InstaForex Company - www.instaforex.com

AB Token plunged nearly 99% in a matter of minutes on Binance Alpha, then staged a partial bounce that left traders shaken. According to market trackers, the token fell from about $0.0083 to $0.0000051 in roughly two minutes, wiping out almost all of its value at the low point. Trade data shows a rebound afterward, with prices climbing back toward $0.00151, though that still left the token more than 80% lower for the day. Binance Token Sudden Crash Shows Market Fragility Based on reports, the bloodbath unfolded very quickly. Trading volume spiked as roughly 573,000 AB tokens changed hands during the volatility, which pushed the 24-hour volume past $5 million. Liquidity numbers were thin by comparison: the token’s liquidity pool was reported at about $2.17 million. That gap between volume and liquidity can make markets vulnerable when large orders hit. The Likely Culprit Observers pointed to concentrated ownership as a likely amplifier. Reports have disclosed that the top 10 wallets controlled more than 97% of the circulating supply, which is listed at about 81 billion AB tokens with a total supply around 98 billion. Where so much of a token sits in a few hands, a single large sell order can push the price through multiple levels with little resistance. On-chain reports showed two large sales around the event: one for 192 million AB and another for 500 million AB, moves that coincided with heavy downward pressure. Theories On What Triggered The Plunge Market watchers suggested a number of possible triggers. A big wallet dump, a market maker pulling liquidity, or algorithmic trading that amplified price swings were among the ideas floated. Because the token trades on several venues, including Bitget and Gate, contagion between platforms can happen fast. No official explanation has been released by Binance or the AB project team, and that lack of comment has left traders relying on public trades and exchange charts to piece the timeline together. On Recovery & Damage The price later retraced some losses, and some reports said it nearly reached prior levels at times. However, that bounce did not erase the hit to confidence. Many retail traders who were hit by the flash crash reported losses, and sentiment turned strongly negative in the short term. Featured image from Pixabay, chart from TradingView

[Uniswap] – [Friday, October 10, 2025] Although EMA(50) and EMA(200) are still in a Death Cross configuration, but the RSI is in the Neutral-Bullish zone and a Bullish Divergence has emerged, suggesting that this cryptocurrency will strengthen. Key Levels: 1. Resistance. 2 : 8.316 2. Resistance. 1 : 8.048 3. Pivot : 7.844 4. Support. 1 : 7.576 5. Support. 2 : 7.372 Tactical Scenario: Positive Reaction Zone: If Uniswap strengthens and breaks out and closes above 7.844, it is likely to continue its upward movement to 8.048. Momentum Extension Bias: If 8.048 is broken and closed above, Uniswap will likely continue strengthening to 8.316. Invalidation Level / Bias Revision: The upside bias weakens if Uniswap corrects downward and breaks and closes below 7.372. Technical Summary: EMA(50) : 7.849 EMA(200): 7.946 RSI(14) : 63.60 + Bullish Divergent Economic News Release Agenda: Tonight, there are economic data releases from the United States such as: US - Prelim UoM Consumer Sentiment - 21:00 WIB US - Prelim UoM Inflation Expectations - 21:00 WIB The material has been provided by InstaForex Company - www.instaforex.com

[Doge] – [Friday, October 10, 2025] With the appearance of the RSI indicator at a Bullish Divergent level, this cryptocurrency is expected to strengthen toward its nearest resistance. Key Levels: 1. Resistance. 2 : 0.26629 2. Resistance. 1 : 0.25695 3. Pivot : 0.24910 4. Support. 1 : 0.23976 5. Support. 2 : 0.23191 Tactical Scenario: Positive Reaction Zone: If Doge breaks and closes above 0.24910, it is likely to continue strengthening to 0.25695. Momentum Extension Bias: If 0.25695 is broken, Doge will likely continue strengthening to 0.26629. Invalidation Level / Bias Revision: The upside bias weakens if Doge weakens and closes below 0.23191. Technical Summary: EMA(50) : 0.24839 EMA(200): 0.25190 RSI(14) : 52.53 + Bullish Divergent Economic News Release Agenda: Tonight, there are economic data releases from the United States such as: US- Prelim UoM Consumer Sentiment - 21:00 WIB US - Prelim UoM Inflation Expectations - 21:00 WIB The material has been provided by InstaForex Company - www.instaforex.com

Dogecoin started a fresh decline below the $0.2550 zone against the US Dollar. DOGE is now correcting some losses and might face hurdles near $0.2550. DOGE price started a fresh decline below the $0.250 level. The price is trading below the $0.2540 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2540 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.2550 and $0.260. Dogecoin Price Attempts Recovery Dogecoin price started a fresh decline after it closed below $0.260, like Bitcoin and Ethereum. DOGE declined below the $0.2550 and $0.2540 support levels. The price even traded below $0.2420. A low was formed near $0.2413, and the price recently attempted a recovery wave. There was a move above the 50% Fib retracement level of the downward move from the $0.2609 swing high to the $0.213 low. However, the bears were active near the $0.2550 resistance and the Fib retracement level of the downward move from the $0.2609 swing high to the $0.213 low. Besides, there is a bearish trend line forming with resistance at $0.2540 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.2550 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2540 level. The first major resistance for the bulls could be near the $0.2550 level. The next major resistance is near the $0.260 level. A close above the $0.260 resistance might send the price toward the $0.2780 resistance. Any more gains might send the price toward the $0.2840 level. The next major stop for the bulls might be $0.2920. More Losses In DOGE? If DOGE’s price fails to climb above the $0.2540 level, it could continue to move down. Initial support on the downside is near the $0.2475 level. The next major support is near the $0.240 level. The main support sits at $0.2320. If there is a downside break below the $0.2320 support, the price could decline further. In the stated case, the price might slide toward the $0.2120 level or even $0.2050 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.2475 and $0.2400. Major Resistance Levels – $0.2540 and $0.2600.

On-chain analytics firm CryptoQuant has explained how there aren’t any signs of a Bitcoin price peak yet, based on this indicator. Bitcoin Net Realized Profit/Loss Is Still At Moderate Levels In a new post on X, CryptoQuant has shared the latest trend in the Bitcoin Net Realized Profit/Loss. This indicator tells us about whether the Bitcoin investors are selling their coins at a net profit or loss. The metric works by going through the transaction history of each token being spent to see what price it was moved at before this. If this previous selling price for any coin was less than the spot price it’s now being transacted at, then the token’s sale is assumed to be leading to the realization of some net profit. The degree of profit realized is naturally equal to the difference between the two prices. In tokens of the opposite case (that is, the last price is higher than the latest spot BTC value), the sale realizes a loss instead. In the context of the current discussion, the version of the Net Realized/Profit Loss that’s of interest is specifically the 1-year sum, denominated in BTC. Below is the chart for the metric that shows how its value has fluctuated over the past few years. From the graph, it’s visible that the Bitcoin Net Realized Profit/Loss witnessed an uptrend in 2024 and reached a high of 5.1 million BTC in January 2025. This suggests that the market took part in a significant amount of profit-taking that year. After the January peak, however, the metric reversed course and started going down instead. This decline in profit realization was a result of the bearish price action that the cryptocurrency faced in the first few months of the year. After bullish winds returned for the cryptocurrency, though, the Net Realized Profit/Loss once again began to move up. This upward trajectory has naturally continued alongside BTC’s latest rally to a new all-time high (ATH) and the indicator has reached the 4.4 million BTC mark. Though this value is significant, it’s clearly lower than the January 2025 top. This earlier peak itself was still lower than the 7.7 million October 2021 high from the previous cycle. “Bitcoin’s rally still looks intact,” notes CryptoQuant based on the trend. “No signs yet of a price peak.” It now remains to be seen how BTC’s price action will look in the near future and whether the Net Realized Profit/Loss will observe any shift. BTC Price Bitcoin has been down since setting its ATH above $126,000, as its price currently floats around $122,700.

Macroeconomic Report Review: Very few macroeconomic reports are scheduled for Friday, as has been the case throughout the entire current week. Essentially, the only notable economic data so far was Germany's industrial production, which once again showed extremely weak — in fact, negative — results. That's all we've really seen. Today, the University of Michigan Consumer Sentiment Index will be released in the United States. It's not a particularly important indicator, and this week's market behavior has shown that traders don't care about the reasons they're buying the U.S. dollar — the same dollar that was aggressively sold off over the past eight months. Fundamental Event Review: Two fundamental events are scheduled for today. In the U.S., members of the Federal Reserve's Monetary Policy Committee, Musalem and Goolsbee, will deliver speeches. However, yesterday Jerome Powell spoke and clearly laid out the Fed's current stance: monetary policy decisions will continue to depend on macroeconomic data, and any further interest rate cuts are not guaranteed. It's worth noting that Powell has been repeating the same rhetoric for months. He doesn't rule out two more cuts before the end of the year, but he isn't committing to them either. What's unclear at this point is how the Fed will make its policy decision at the end of October if the government shutdown is still ongoing, since the key reports on inflation, unemployment, and the labor market have not been published in October. Key Takeaways:As we head into the final trading day of the week, both major currency pairs (EUR/USD and GBP/USD) may continue to trade chaotically and irrationally. So far, both have primarily been falling — and it's been very difficult to explain exactly why. That means today's declines in the euro and the pound could continue — no specific reasons are needed at this point. Therefore, EUR/USD can be traded from the 1.1571–1.1584 zone, and GBP/USD can be traded from the 1.3329–1.3331 zone. Basic Rules of the Trading System:The strength of a signal is based on how quickly it forms (bounce or breakout). The faster the signal forms, the stronger it is.If two or more false signals occur near a level, all subsequent signals from that level should be ignored.In a flat market, any pair can generate multiple false signals — or none at all. Either way, it's best to stop trading at the first signs of a flat.Trades should be placed during the European session up to the middle of the U.S. session. All positions should be closed manually thereafter.On the hourly chart, signals from the MACD indicator should only be traded when there is good volatility and confirmation by a trendline or channel.If two levels are located close to each other (5–20 pips), treat them as a support/resistance area.After a trade moves 15-20 pips in the right direction, move the Stop Loss to breakeven.Chart Explanations:Price support/resistance levels: used as targets for entries or Take Profit points.Red lines: trendlines and channels reflecting the current trend and preferred trading direction.MACD (14,22,3) Histogram and signal line: auxiliary indicators for signal confirmation.Important news and speeches (listed in economic calendars) can significantly impact forex pairs. Use maximum caution during releases or exit the market to avoid sharp reversals.Beginner traders should remember that not every trade will be profitable. Building a clear strategy and applying money management are key to long-term success in trading.The material has been provided by InstaForex Company - www.instaforex.com

Thursday Trade Review: 1H GBP/USD Chart The GBP/USD pair also continued its downward movement on Thursday — both before and after Jerome Powell's speech, in which he said essentially nothing new. Still, the market doesn't seem to need any real reasons to sell right now. Just a few days ago, the pound was showing flat-like behavior, so the irrational moves could have been forgiven. But now the pound is falling hard, and the reasons are, frankly, difficult to articulate — unless you fall back on the vague "rise in risk-off sentiment." In any case, the current movement is entirely irrational, and it's important to acknowledge that. There were no meaningful events in the UK this week, so internal issues haven't caused the pound's drop. In the first half of the week, there was also nothing that clearly triggered a decline — after all, Germany's weak industrial report and the French political crisis have no connection to the British economy. Moreover, we don't believe that the market's attitude toward the dollar or Trump's policy suddenly changed. Traders were panicking and dumping dollars for eight months — and now they are buying it back aggressively... why? The fundamental background has not changed. 5M GBP/USD Chart On the 5-minute chart, two very workable trade signals were formed yesterday. During the European session, the price bounced from the 1.3413–1.3421 zone and spent most of the day moving downward. During the U.S. session, the price broke through the 1.3329–1.3331 zone, which allowed short positions to be held. By the end of the day, profits could be locked in manually, as no buy signals were generated. How to Trade on Friday:On the hourly chart, the GBP/USD pair has started forming a new downward trend. As we've said before, there are no real reasons for sustained dollar strength, so in the medium term, we still expect the 2025 overall upward trend to resume. For now, however, the market remains in a very strange state. The British pound is falling, and there's no clear explanation as to why. You can scalp using technical setups on lower timeframes, but price movements are currently irrational across any TF. On Friday, GBP/USD may continue moving downward toward 1.3259, as the 1.3329–1.3331 area was broken. However, movement remains erratic, so upward retracements without clear reasons are also possible, and levels and zones may be completely ignored. On the 5-minute TF, you can now trade at levels 1.3102-1.3107, 1.3203-1.3211, 1.3259, 1.3329-1.3331, 1.3413-1.3421, 1.3466-1.3475, 1.3529-1.3543, 1.3574-1.3590, 1.3643-1.3652, 1.3682, and 1.3763. There are no notable scheduled events in the UK for Friday. In the U.S., the University of Michigan Consumer Sentiment Index will be released. It's not the most important report, but currently, the market doesn't need strong data in favor of the dollar to start buying it — any excuse will do. Basic Rules of the Trading System:The strength of a signal is based on how quickly it forms (bounce or breakout). The faster the signal forms, the stronger it is.If two or more false signals occur near a level, all subsequent signals from that level should be ignored.In a flat market, any pair can generate multiple false signals — or none at all. Either way, it's best to stop trading at the first signs of a flat.Trades should be placed during the European session up to the middle of the U.S. session. All positions should be closed manually thereafter.On the hourly chart, signals from the MACD indicator should only be traded when there is good volatility and confirmation by a trendline or channel.If two levels are located close to each other (5–20 pips), treat them as a support/resistance area.After a trade moves 20 pips in the right direction, move the Stop Loss to breakeven.Chart Explanations:Price support/resistance levels: used as targets for entries or Take Profit points.Red lines: trendlines and channels reflecting the current trend and preferred trading direction.MACD (14,22,3) Histogram and signal line: auxiliary indicators for signal confirmation.Important news and speeches (listed in economic calendars) can significantly impact forex pairs. Use maximum caution during releases or exit the market to avoid sharp reversals.Beginner traders should remember that not every trade will be profitable. Building a clear strategy and applying money management are key to long-term success in trading.The material has been provided by InstaForex Company - www.instaforex.com

Thursday Trade Review: 1H EUR/USD Chart The EUR/USD currency pair continued to decline on Thursday. This time, the drop began long before the day's only event — Jerome Powell's speech. The market started selling off the euro in the morning and continued to do so after the completely "flat" remarks from the Federal Reserve Chair. Powell once again emphasized that further monetary easing is not predetermined and will depend on macroeconomic data — the same thing he's been saying since early 2025. However, the market, which ignored Powell with a negative bias in the first half of 2025, is now doing the same with a positive tilt. Powell's rhetoric, in essence, hasn't changed — everything depends on the data — yet the dollar is now rising rather than falling. Why? No one knows. According to various tools, traders still expect two rate cuts from the Fed by the end of the year. We continue to view this movement as entirely illogical; the market is using any excuse to buy the U.S. dollar after having panicked and dumped it for 7–8 months straight. 5M EUR/USD Chart On the 5-minute chart, only one trade signal was generated during the U.S. session. The price broke through the 1.1571–1.1584 zone, but after that signal formed, the decline essentially ended. The signal could be traded, but the profit was minimal. How to Trade on Friday:On the hourly chart, the EUR/USD pair broke through the trendline multiple times, but the decline resumed under somewhat questionable circumstances. We still believe the current movement is irrational. The overall fundamental and macroeconomic backdrop remains negative for the U.S. dollar, meaning we don't expect any strong and sustained dollar appreciation. From our point of view, as before, the dollar can only depend on technical corrections — one of which we are currently witnessing. On Friday, the EUR/USD pair can move in either direction. There is little logic in the current movement, and there's much noise. A correction could begin after a prolonged decline — or the drop could continue, because right now the market does not need a reason to buy the dollar. On the 5-minute chart, the levels to watch for trades are: 1.1354–1.1363, 1.1413, 1.1455–1.1474, 1.1527, 1.1571–1.1584, 1.1655–1.1666, 1.1745–1.1754, 1.1808, 1.1851, 1.1908, 1.1970–1.1988. On Friday, the only mildly interesting event is the University of Michigan Consumer Sentiment Index. We wouldn't be surprised if the market uses it as another excuse to buy dollars, regardless of what the actual reading is. Basic Rules of the Trading System:The strength of a signal is based on how quickly it forms (bounce or breakout). The faster the signal forms, the stronger it is.If two or more false signals occur near a level, all subsequent signals from that level should be ignored.In a flat market, any pair can generate multiple false signals — or none at all. Either way, it's best to stop trading at the first signs of a flat.Trades should be placed during the European session up to the middle of the U.S. session. All positions should be closed manually thereafter.On the hourly chart, signals from the MACD indicator should only be traded when there is good volatility and confirmation by a trendline or channel.If two levels are located close to each other (5–20 pips), treat them as a support/resistance area.After a trade moves 15 pips in the right direction, move the Stop Loss to breakeven.Chart Explanations:Price support/resistance levels: used as targets for entries or Take Profit points.Red lines: trendlines and channels reflecting the current trend and preferred trading direction.MACD (14,22,3) Histogram and signal line: auxiliary indicators for signal confirmation.Important news and speeches (listed in economic calendars) can significantly impact forex pairs. Use maximum caution during releases or exit the market to avoid sharp reversals.Beginner traders should remember that not every trade will be profitable. Building a clear strategy and applying money management are key to long-term success in trading.The material has been provided by InstaForex Company - www.instaforex.com

XRP price started a fresh decline below $2.850. The price is now struggling and might continue to move down if it trades below $2.780. XRP price is slowly moving lower below the $2.850 zone. The price is now trading below $2.850 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.8350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh decline if it settles below $2.780. XRP Price Dips Again XRP price failed to stay above $2.950 and started a fresh decline, like Bitcoin and Ethereum. The price declined below $2.920 and $2.90 to enter a short-term bearish zone. The price tested the $2.770 zone and recently attempted a recovery wave. It is now approaching the 23.6% Fib retracement level of the downward move from the $3.05 swing high to the $2.770 swing low. However, the price could face hurdles near $2.850. The price is now trading below $2.850 and the 100-hourly Simple Moving Average. Besides, there is a key bearish trend line forming with resistance at $2.8350 on the hourly chart of the XRP/USD pair. If there is a fresh upward move, the price might face resistance near the $2.8350 level. The first major resistance is near the $2.90 level. A clear move above the $2.880 resistance might send the price toward the $2.950 resistance and the 61.8% Fib retracement level of the downward move from the $3.05 swing high to the $2.770 swing low. Any more gains might send the price toward the $3.00 resistance. The next major hurdle for the bulls might be near $3.050. More Losses? If XRP fails to clear the $2.920 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.780 level. The next major support is near the $2.750 level. If there is a downside break and a close below the $2.750 level, the price might continue to decline toward $2.720. The next major support sits near the $2.650 zone, below which the price could continue lower toward $2.60. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.780 and $2.750. Major Resistance Levels – $2.90 and $2.920.