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On Friday, the EUR/USD pair continued its upward move after rebounding from the support zone of 1.1637–1.1645 and consolidated above the 76.4% Fibonacci level – 1.1695. Thus, growth may continue today toward the resistance zone of 1.1789–1.1802. A close below 1.1695 would favor the U.S. dollar and a return to the 1.1637–1.1645 zone. The wave setup on the hourly chart remains simple and clear. The last completed downward wave broke the low of the previous wave, while the new upward wave has not broken the previous low. Therefore, the trend remains "bearish" for now. However, recent labor market data and shifting Fed monetary policy outlook support bullish traders, meaning the trend may begin to change again this week. To end the "bearish" trend, the price must consolidate above the last peak at 1.1819. On Friday, traders' main focus was the University of Michigan Consumer Sentiment Index, which fell to 55.1 points, below expectations. Personal consumption expenditure price index and household income and spending matched forecasts. U.S. consumer confidence has been declining repeatedly. While not the most crucial indicator for traders, on Friday it weighed on the dollar. Meanwhile, bulls gained ground on news of new tariffs imposed by Donald Trump, as well as the looming threat of another government shutdown. I would also note that all the "bearish" factors (and there were not many of them) have already been priced in by traders. Thus, I expect the "bullish" trend to shine anew. This week brings many important events and reports, with particular interest in U.S. labor market and unemployment data. These will shape FOMC monetary policy for the rest of the year. If results are negative, the likelihood of additional easing will grow. That would be a double blow for the dollar. On the 4-hour chart, the pair turned in favor of the euro near the 1.1680 level. Growth may resume toward the 161.8% corrective level at 1.1854. A close below 1.1680 would favor the U.S. dollar and open the way for further decline toward the 127.2% Fibonacci level at 1.1495. No developing divergences are observed today. Commitments of Traders (COT) Report: Over the last reporting week, professional players closed 789 long positions and opened 2,625 short positions. The sentiment of the "Non-commercial" group remains "bullish" thanks to Donald Trump and continues to strengthen. The total number of long positions held by speculators now stands at 252,000, compared to 138,000 short positions. The gap is practically twofold. Also note the number of green cells in the table above, which show strong buildup in euro positions. In most cases, interest in the euro is growing while interest in the dollar is declining. For thirty-three consecutive weeks, large players have been reducing short positions and increasing longs. Donald Trump's policies remain the most significant factor for traders, as they can create numerous problems with long-term and structural consequences for America. Despite the signing of several important trade agreements, many key economic indicators continue to decline. News calendar for the U.S. and the Eurozone: September 29 – the economic events calendar contains no noteworthy entries. The news background will not affect market sentiment on Monday. EUR/USD forecast and trader advice: Sales of the pair were possible after a close below the resistance zone of 1.1789–1.1802 on the hourly chart, with targets at 1.1695 and 1.1637–1.1645. All targets have been reached. New sales will be possible after a close below 1.1695, targeting 1.1637–1.1645. Purchases were possible on a rebound from the 1.1637–1.1645 zone, with targets at 1.1695 and 1.1789–1.1802. These trades can be kept open today with stop-loss moved to breakeven. Fibonacci grids are built 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

Asia Market Wrap - Nikkei Slips Most Read: GBP/USD Forecast: Technical Breakdown & Key Levels Amidst Dollar Strength Most stock markets in Asia rose on Monday, while the U.S. dollar eased. This investor reaction was triggered by the possibility of a U.S. government shutdown, which would lead to the delayed publication of the September jobs report and other key economic data. China's blue-chip stocks added 0.7% ahead of the start of the Golden Week holidays on Wednesday. The broader MSCI index for Asia-Pacific shares (excluding Japan) firmed 0.4%, bringing its monthly gain to almost 4%. South Korean stocks bounced 1.5%, contributing to their strong 7.8% gain for September. The exception was Japan's Nikkei index, which slipped 0.8% as investors focused on the upcoming weekend vote for the new leader of the ruling party, a decision that will have implications for Japan's future fiscal and monetary policy. European Session - Healthcare and Tech Stocks Lead to Positive Open European stock markets saw a slight increase on Monday, driven by gains in healthcare and technology company shares. Investors were keeping a close watch on the possibility of a U.S. government shutdown, which would likely postpone the release of important economic data. The main pan-European index, the STOXX 600, rose by 0.2%. Healthcare stocks were among the biggest gainers, with Britain's GSK jumping 3.3% after the drugmaker announced that its CEO, Emma Walmsley, will step down and be replaced by Luke Miels in January. The UK's AstraZeneca added 1.3% after stating it will keep its listing and headquarters in London but will now directly list its shares on the New York Stock Exchange, moving away from its current depository shares system. Technology shares advanced by 0.6%, with chipmakers ASMI and BE Semiconductor both rising by over 1%. The industrial goods and services sector also performed well, gaining 0.4%. On the FX front, the US dollar slightly weakened on Monday. The dollar index, which tracks its value against other major currencies, was down by 0.22% to 97.90, following a gain of 0.5% last week. For more on the US Dollar Index (DXY), read US Dollar Index (DXY): How Sustainable is the Recent Rally? Morningstar Pattern Hints at Further Upside The dollar fell against the Japanese yen by 0.6%. Meanwhile, the euro and the British pound both strengthened against the dollar, rising by 0.25% and 0.34%, respectively. In other news, the Australian dollar rose by 0.35%, reaching $0.6571. Investors are currently looking ahead to the Reserve Bank of Australia's interest rate decision on Tuesday, where the central bank is widely expected to keep rates unchanged. Currency Power Balance Source: OANDA Labs Oil prices fell on Monday due to two main reasons that signal an increase in global supply. First, Iraq's Kurdistan region started shipping crude oil again through Turkey over the weekend. Second, the group of major oil producers, OPEC+, plans to increase oil production again in November. Specifically, Brent crude futures dropped by 43 cents (0.6%) to $69.70 a barrel, pulling back after reaching their highest price since July 31 on Friday. US West Texas Intermediate (WTI) crude also fell by 49 cents (0.8%) to $65.23 a barrel, giving back most of the gains it made on Friday. Gold prices soared past the $3,800 an ounce mark for the first time ever on Monday. This major surge was fueled by rising market expectations that the US Federal Reserve will soon cut interest rates, a prospect that weakened the US dollar and made the precious metal more attractive. Furthermore, concerns over a potential US government shutdown encouraged investors to seek safety in gold, a traditional safe-haven asset. The price of spot gold jumped 1.4% to $3,812.49 per ounce, having peaked at $3,819.59 earlier in the trading session. Economic Calendar and Final Thoughts Looking at the economic calendar, the European session will be a quiet one from a data perspective but we do have a host central bank speakers on the docket. Later in the day, markets will focus on US pending homes index as well as Federal Reserve policymakers who are scheduled to speak. Markets will also hope for a resolution on a potential US government shutdown. The lack of a resolution could add to uncertainty and stoke further haven demand. Most Read: Markets Weekly Outlook – getting ready for September NFP week 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 index finished last week on the front foot. Gains have continued this morning but the index is currently in overbought territory and a short-term pullback could be on the cards The 9357 handle remains key, with a break above this level potentially leading to further upside toward the 9500 level. A pullback from here could find support at the swing high around 9280 before the 100-day MA at 9254 comes into focus. FTSE 100 Four-Hour Chart, September 29. 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.

For the second consecutive day, GBP/USD is showing positive dynamics against the backdrop of U.S. dollar weakness, linked to rising expectations of further Fed rate cuts in October following the release of U.S. inflation data for August. The Personal Consumption Expenditures (PCE) Price Index rose 2.7% year-over-year in August, in line with analysts' forecasts, according to data from the U.S. Bureau of Economic Analysis published on Friday. The core PCE index, excluding food and energy, stood at 2.9%, also matching expectations. In September, the Fed cut the key rate by 25 basis points for the first time, bringing it to the 4.00%–4.25% range. According to the CME FedWatch tool, markets are currently pricing in an 88% probability of another rate cut in October, and around 65% for an additional cut in December. As for the British pound, there are suggestions that the Bank of England will keep the rate at 4.0% until the end of the year, which supports the currency. The Bank of England is unlikely to cut rates in the near term due to persistent inflationary pressures in the UK economy. Today, Monday, for better trading opportunities, special attention should be paid to the release of UK economic data, as well as speeches from Fed officials, including Governor Christopher Waller, Cleveland Fed President Beth Hammack, St. Louis Fed President Alberto Musalem, New York Fed President John Williams, and Atlanta Fed President Raphael Bostic. More hawkish remarks from policymakers could increase demand for the U.S. dollar and limit the growth of GBP/USD. From a technical standpoint, the pair faces resistance at the confluence of the 50-day SMA and the 9-day EMA. A breakout above this level would bring the next resistance at the 100-day SMA, above which bulls would strengthen their positions. However, as long as the 14-day RSI remains below the 50 level, this signals an active bearish sentiment. The nearest support for the pair lies at the psychological level of 1.3400, below which the path opens toward the September low around 1.3323. A break of this level would reinforce bearish sentiment and pressure the pair lower toward the next round level of 1.3300. The material has been provided by InstaForex Company - www.instaforex.com

On the hourly chart, the GBP/USD pair on Friday rebounded from the support zone of 1.3332–1.3357 and turned in favor of the pound. Today, consolidation above the 76.4% Fibonacci level – 1.3524 – was recorded, which allows for expectations of further growth toward 1.3482 and 1.3528. A close below 1.3425 would once again favor the U.S. dollar and a return to the 1.3332–1.3357 zone. The wave situation remains "bearish." The last completed downward wave broke the previous low, while the new upward wave has not yet broken the last peak. The news background for the pound has been negative over the past two weeks, but I believe traders have already fully priced this in. This week, however, the negative news background may shift to the dollar. To cancel the "bearish" trend, the pair would need to rise another 300 points, but I think we will see signs of a shift to a "bullish" trend much earlier. On Friday, the pound was supported by the U.S. consumer sentiment report, as well as news of a potential government "shutdown" and new tariffs announced by Donald Trump. The White House decided to impose import duties on all foreign trucks, furniture, and medicines. Of course, if foreign companies build factories in the U.S., they will be exempt from tariffs. The threat of a shutdown arose for the same reasons as almost every year: Democrats and Republicans cannot reach agreement on funding for government agencies due to certain "sticking points." The Democratic Party insists on preserving tax benefits and insurance subsidies for Americans, while Donald Trump's administration demands cutting subsidies and only discussing the matter after government funding is resolved. Clearly, once the threat of a shutdown passes, Republicans will no longer need to make concessions to Democrats, since they control both chambers. The shutdown could be prolonged. On the 4-hour chart, the pair rebounded from the 1.3339 level and turned in favor of the British pound. Consolidation above the 100.0% Fibonacci level – 1.3435 – increases the probability of a new rise toward the 127.2% corrective level – 1.3795. No emerging divergences are seen in any indicator today. A new decline in the pound can be expected only after a close below 1.3339. Commitments of Traders (COT) Report: The sentiment of the "Non-commercial" trader category turned more "bullish" last reporting week. The number of long positions held by speculators increased by 3,704, while the number of short positions decreased by 912. The gap between long and short positions now stands at approximately 85,000 versus 86,000. Bullish traders are once again tipping the balance in their favor. In my view, the pound still has prospects for decline, but with each passing month the U.S. dollar looks weaker and weaker. Previously, traders worried about Donald Trump's protectionist policies without knowing what results they might bring; now they may worry about the consequences of those policies: a potential recession, the constant imposition of new tariffs, and Trump's fight with the Fed, as a result of which the regulator could become "politically controlled" by the White House. Thus, the pound already looks far less risky than the U.S. currency. News calendar for the U.S. and the UK: September 29 – the economic events calendar contains no noteworthy entries. The news background will not affect market sentiment on Monday. Forecast for GBP/USD and trader advice: Selling the pair is possible today if it closes below 1.3425 on the hourly chart, with targets at 1.3332–1.3357. Buying could have been considered on a rebound from the 1.3332–1.3357 zone, with targets at 1.3425, 1.3482, and 1.3528. These trades can be kept open today with a stop-loss moved to breakeven. The material has been provided by InstaForex Company - www.instaforex.com

The dollar began an eventful week on a weaker note. The Dollar Index fell 0.2% on Monday, marking its second consecutive day of losses. The looming U.S. government shutdown, with both political parties holding firm to their positions, could significantly affect the strength of the dollar in the short term. Several important U.S. economic releases are also expected this week, culminating in Friday's monthly employment report. The prospect of a government shutdown, hanging over the U.S. economy like a Damocles' sword, adds considerable uncertainty to the currency markets. Traders, who traditionally seek safety during turbulent periods, may begin shifting capital into more stable assets, which is already putting direct pressure on the dollar. Delays in funding government programs, a reduction in the federal workforce, and the resulting decline in consumer activity are all factors that could weaken U.S. economic performance. This week, special attention is focused on the release of key macroeconomic data, particularly the employment report. These figures will serve as an important indicator of labor market conditions and the overall health of the economy. If the data come in weaker than expected, the negative impact of a potential shutdown could be amplified, leading to further dollar weakness. Conversely, strong employment numbers could partially offset concerns and provide short-term support for the U.S. currency. The yen is leading gains against the dollar, with Japan set to release its own economic data and host central bank speeches. In addition, the ruling party will select a new leader this Saturday. Traders will be watching closely to see whether these events influence expectations of a Federal Reserve rate cut or a Bank of Japan rate hike. Either of these scenarios—or both—will impact the dollar-yen exchange rate. The dollar's recent rally was driven by fading investor expectations of future Fed rate cuts. Fed Chair Jerome Powell recently reaffirmed his view that policymakers likely face a challenging path ahead, as labor market and inflation outlooks remain vulnerable to risks, which reduced expectations of monetary policy easing. As for the current technical picture of EUR/USD, buyers now need to target the 1.1750 level. Only then will a test of 1.1780 become possible. From there, the pair could move up to 1.1820, though achieving this without support from major players would be quite difficult. The ultimate target lies at the 1.1845 high. In case of a decline, I expect strong buyer activity only near 1.1705. If no one steps in there, it would be better to wait for a retest of the 1.1670 low or to open long positions from 1.1650. As for GBP/USD, pound buyers need to break through the nearest resistance at 1.3460. Only then will a move toward 1.3500 be possible, though breaking above this level will be quite challenging. The ultimate target lies at 1.3534. If the pair falls, bears will try to regain control at 1.3410. A successful breakout below this range would deal a serious blow to bullish positions and push GBP/USD down to 1.3370, with the prospect of extending the decline to 1.3330. The material has been provided by InstaForex Company - www.instaforex.com

Asian markets kick off week with gainsOn Monday, most Asian equity markets ended the session in positive territory. The dollar weakened as investor focus shifted to the US, where the risk of a temporary government shutdown persists. Such a scenario could delay the release of the September jobs report and several other key data points. Washington seeks compromisePresident Donald Trump plans to meet with leaders of both congressional parties on Monday to discuss extending federal funding. Otherwise, the government will face a partial shutdown. This coincides with the introduction of new US tariffs on heavy trucks, pharmaceuticals, and a number of other goods. Seasonal support in focusAnalysts note that the beginning of the fourth quarter is traditionally favorable for equity markets. Historically, the S&P 500 has risen in nearly three out of four such periods. In early trading, futures on the S&P 500 gained 0.2%, while Nasdaq futures rose by 0.3% after last week's pullback. European indices also opened higher, with EUROSTOXX 50, FTSE, and DAX each adding around 0.3%. Japan and Korea move in different directionsThe most notable exception was Japan's Nikkei index, which fell by 0.8%. However, as of the end of September, it still held a 5% gain. Investors are awaiting an internal LDP vote that will determine the next prime minister and could shape the country's economic strategy. In South Korea, the KOSPI index climbed by 1.3%, securing a monthly gain of 7.6%. The broader MSCI Asia-Pacific index excluding Japan strengthened by another 0.4%, closing the month with nearly a 4% advance. Chinese markets rise ahead of long holidaysShares of Chinese companies in the CSI300 index rose by 0.7% on Monday. Investors turned more active ahead of Golden Week, which begins in the country on Wednesday. Australian regulator prepares for meetingOn Tuesday, the Reserve Bank of Australia will hold its policy meeting. Analysts expect the rate to remain unchanged at 3.65%. Notably, the regulator has already cut rates three times this year. Currency market under pressureThe dollar index fell by 0.2% to 97.952, even though the US currency was supported by strong macroeconomic data last week. The euro strengthened to 1.1726 dollars, remaining within its recent range between 1.1646 and 1.1918. The US currency also weakened against the yen: the rate dropped by 0.4% to 148.92 yen. This came after the dollar had gained just over 1% last week, rebounding from the September low near 145.50. Gold at historical peakAs for precious metals, gold continued to strengthen and set a new record of $3,798 per troy ounce. Oil loses groundOil prices moved lower as crude supplies resumed through the pipeline from Iraq's Kurdistan to Turkey for the first time in two and a half years. Investors are also awaiting the OPEC+ meeting scheduled for Sunday. The organization is expected to approve an output expansion of at least 137,000 barrels per day. Against this backdrop, Brent fell by 0.8% to $69.73 per barrel, while US WTI dropped by 0.7% to $65.27. Indian markets start week higherAfter the steepest weekly decline in almost seven months, Indian stock indices opened Monday in positive territory. The market was supported by energy and oil & gas stocks. Major indices advanceBy 10:02 local time, the Nifty 50 index rose by 0.43% to 24,761.5 points. The BSE Sensex gained 0.39% to 80,745.23 points. Last week's pressureLast week, the indices shed 2.7%, marking six consecutive sessions of losses. The sell-off was triggered by higher US H-1B work visa fees and increased duties on branded pharmaceuticals, which hurt investor sentiment and prompted capital outflows. Energy and oil & gas lead gainsThe energy sector rose by 1.2%, while oil & gas added 1.5%. Gains were driven by BPCL and HPCL shares, supported by stable fuel prices and expectations of higher company valuations. Oil India on the riseShares of Oil India jumped by 2.2% after reports of a natural gas discovery on the Andaman Islands shelf. Small and mid-cap stocks in positive territoryShares of small- and mid-cap companies also advanced, rising by about 0.7% each. The material has been provided by InstaForex Company - www.instaforex.com

Trend analysis. This week, from the level of 1.3400 (close to the last weekly candle), the price may continue moving downward with the target at 1.3270 – the historical support level (light blue dotted line). When testing this level, the price may retrace upward with the target at 1.3332 – the lower fractal (weekly candle of August 31, 2025). 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.Overall outcome of the weekly candle calculation for GBP/USD: during the week, the price will most likely show a downward trend, with the first upper shadow on the weekly black candle (Monday – upward) and the second lower shadow (Friday – upward). Alternative scenario: from the level of 1.3400 (close of the last weekly candle), the price may continue moving downward with the target at 1.3141 – the 38.2% pullback level (red dotted line). Upon reaching this level, an upward move is possible with the target at 1.3270 – the historical support level (light blue dotted line). The material has been provided by InstaForex Company - www.instaforex.com

Last Friday, US stock indices closed higher. The S&P 500 rose by 0.59%, while the Nasdaq 100 gained 0.44%. The Dow Jones Industrial Average jumped by 0.55%. Futures on US and European stock indices climbed alongside Asian markets, signaling growth on Wall Street after data pointed to moderate inflation growth in the US. Futures on the S&P 500 and Nasdaq 100 advanced after both indices surged on Friday, breaking a three-day losing streak. European stock indices also pointed to a stronger open. Asian markets pared early losses, rising by 0.6%, with mainland China's index soaring by 2%. Oil prices fell on expectations that OPEC+ will once again raise production in November, fueling concerns about oversupply. Gold prices surged to a record $3,800 per ounce. The US dollar index declined for a second straight day under pressure from month-end flows and the looming risk of a US government shutdown. Treasury bonds gained across the curve. Congressional leaders plan to meet with President Donald Trump on Monday, just a day before federal funding expires. A bill that would extend government funding only until mid-November must be passed by October 1 to avoid a shutdown, which could delay the release of key economic data and destabilize markets. If the government shuts down, federal employees will be sent on unpaid leave, slowing US economic activity, while official economic reports will be suspended. Failure to prevent a shutdown could further highlight the fragile situation in the US, putting additional downward pressure on the greenback. The economic consequences of a shutdown extend far beyond the immediate reduction in spending. Delays in issuing permits, suspension of scientific research, and postponement of government procurement could trigger a chain reaction, negatively affecting various sectors of the economy. The absence of timely economic data from government agencies makes it difficult for businesses and investors to make informed decisions, adding to market uncertainty. On the political stage, a shutdown usually reflects deep divisions between the legislative and executive branches. The exchange of mutual accusations and the search for scapegoats undermine confidence in the government and institutions of power. Foreign investors, watching US political instability with concern, may begin to reconsider their portfolios, adding further pressure on the US currency. Today, the four leading congressional leaders are scheduled to meet with Trump on this issue. As for the technical picture of the S&P 500, the main task for buyers today will be to overcome the nearest resistance level of $6,672. This will support growth and open the way for a push toward the next level at $6,682. An equally important objective for bulls will be to gain control over the $6,697 mark, which would strengthen buyers' positions. In the event of a downside move amid weakening risk appetite, buyers must assert themselves around $6,660. A breakout would quickly push the instrument back to $6,648 and open the road toward $6,638. The material has been provided by InstaForex Company - www.instaforex.com

Trend analysis (Fig. 1). This week, the market from the level of 1.1699 (close of the last weekly candle) may start moving downward with the target at 1.1536 – the 38.2% pullback level (blue dotted line). When testing this level, the price may retrace upward with the target at 1.1572 – 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 of the comprehensive analysis: downward movement. Overall outcome of the weekly candle calculation for EUR/USD: during the week, the price will most likely show a downward trend, with the first upper shadow on the weekly black candle (Monday – upward) and the second lower shadow (Friday – upward). Alternative scenario: the pair from the level of 1.1699 (close of the last weekly candle) may start moving downward with the target at 1.1488 – the historical resistance level (light blue dotted line). When testing this level, the price may then start moving upward with the target at 1.1536 – the 38.2% pullback level (blue dotted line). The material has been provided by InstaForex Company - www.instaforex.com

Bulls are tired of this September and already looking forward to Uptober, historically one of Bitcoin’s strongest months. In the past few hours, .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Bitcoin BTC $112,147.29 2.36% Bitcoin BTC Price $112,147.29 2.36% /24h Volume in 24h $35.59B Price 7d Buy with Best Wallet reclaimed $4K, sparking some hope as we get closer to October. Market Cap 24h 7d 30d 1y All Time History isn’t on Bitcoin’s side though. In 13 years, BTC has only had four green Septembers, and never in a bull year. With just two days to go, Bitcoin is trading around $111,781. A clean breakout and hold above $112K could flip sentiment for bulls, but for now traders remain divided and liquidations are piling up on both sides of the book. No clear direction yet, just chop around key levels. (Source: Coinglass) EXPLORE: 10+ Next Crypto to 100X In 2025 Best Crypto to Buy Now – Perps Meta Still Running Strong With ASTER and APEX Beyond BTC and ETH, the story right now is still perp DEX tokens. After Aster’s run, attention has shifted to ApeX Protocol (APEX), which just pulled off a crazy move — more than 160% in a single day after its XP token conversion event. The campaign dropped 25M APEX to users, and trading volumes shot to $361M. (Source: Coingecko) ApeX is a decentralized hub for perpetuals trading with leverage, deep liquidity, and low fees, backed by products like ApeX Pro (a Layer-2 powered DEX). There’s also $12M set aside for buybacks from past revenue, and support from Bybit should boost both usage and revenue going forward. At the moment, APEX sits at a $304M market cap, way below Aster’s $3.22B. That gap is where the rotation trade could come in. Aster is still holding strong around $1.94, but fresh money may flow into APEX as traders chase the next perp play. If momentum carries into Uptober, with Bitcoin price reclaiming $112K, APEX could run into double digits faster than most expect, making it one of the best cryptos to buy before October kicks off. DISCOVER: Crypto Calm as Uptober Looms: Best New Crypto to Buy in October? 23 minutes ago Aster Surges to Second Place in Global Fee Rankings, Outpacing Circle and Uniswap By Fatima DeFiLlama shows Aster pulled in $14.33 million in fees over the past 24 hours, making it the world’s second-highest fee-generating protocol. Only Tether ($22.18 million) collected more. Aster’s performance outpaced Circle and Uniswap, highlighting how derivatives/perp activity is stealing market share from traditional venues. Aster’s fee intake is roughly ten times that of Hyperliquid. (Source: DefiLlama) The post [LIVE] Crypto News Today, September 29 – Bitcoin Price Briefly Surges Above $112K And Ethereum Reclaims $4K – Best Crypto To Buy Before “Uptober? appeared first on 99Bitcoins.

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

Trend analysis (Fig. 1). On Monday, the market from the level of 1.3400 (Friday's daily candle close) may continue upward with the target at 1.3454 – the 8-period EMA (thin blue line). Upon reaching this line, a corrective move downward is possible with the target at 1.3363 – the 61.8% pullback level (yellow dotted line). When testing this level, the price may then start moving upward with the target at 1.3381 – the 14.6% pullback level (blue 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.General conclusion: upward trend. Alternative scenario: from the level of 1.3400 (Friday's daily candle close), the price may continue moving upward with the target at 1.3454 – the 8-period EMA (thin blue line). Upon reaching this line, a corrective move downward is possible with the target at 1.3381 – the 14.6% pullback level (blue dotted line). When testing this level, a corrective upward move is possible with the target at 1.3406 – the historical resistance level (light blue dotted line). The material has been provided by InstaForex Company - www.instaforex.com

Trend analysis (Fig. 1). On Monday, the market from the level of 1.1699 (Friday's daily candle close) may continue upward with the target at 1.1734 – the 8-period EMA (thin blue line). When testing this line, a move downward is possible with the target at 1.1685 – the 14.6% pullback level (red dotted line). Upon reaching this level, a further move upward is possible with the target at 1.1689 – the historical resistance level (blue 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.General conclusion: downward trend. Alternative scenario: from the level of 1.1699 (Friday's daily candle close), the price may start a move downward with the target at 1.1655 – the 50% pullback level (blue dotted line). Upon reaching this level, an upward move is possible with the target at 1.1685 – the 14.6% pullback level (red dotted line). The material has been provided by InstaForex Company - www.instaforex.com

GBP/USD Brief analysis: Over the past three months, the major pound pair has been forming the corrective part (B) within the uptrend that has dominated since the beginning of the year. The price is moving sideways along the lower boundary of the potential reversal zone on the daily timeframe. The wave structure does not yet look complete. Weekly forecast: In the coming days, the British pound is expected to gradually decline toward support boundaries. In the second half of the week, a reversal and the start of price growth may follow. The resistance zone marks the upper boundary of the pair's expected weekly range. Potential reversal zones Resistance: 1.3520/1.3570Support: 1.3270/1.3220Recommendations Selling: possible with fractional volumes during separate sessions; limited potential.Buying: may be used after confirmed reversal signals appear near the resistance zone.AUD/USD Brief analysis: The short-term trend of the Australian dollar has been guided by an upward wave since April. The unfinished downward segment began on September 11. Prices are nearing the upper boundary of strong daily resistance. The correction structure has entered its final phase. Weekly forecast: In the coming days, a continuation of the downward move is expected until the decline completes near support. By the end of the week, a reversal and the start of price growth toward calculated resistance can be expected. Potential reversal zones Resistance: 0.6600/0.6650Support: 0.6480/0.6430Recommendations Selling: may be used intraday with fractional volumes.Buying: become possible once confirmed reversal signals appear near support.USD/CHF Brief analysis: The upward wave in the Swiss franc major, which began in April this year, has reversal potential. Its structure is forming as a stretched flat, with the middle part (B) still incomplete. The price is approaching the upper boundary of the large timeframe potential reversal zone. Weekly forecast: At the start of the week, sideways fluctuations along support are expected. Toward the weekend, growth may resume. Any upward move is unlikely to exceed calculated resistance. Potential reversal zones Resistance: 0.8090/0.8140Support: 0.7860/0.7810Recommendations Selling: possible with smaller volumes during separate sessions.Buying: may be used once buy signals appear on your trading systems near support.EUR/JPY Brief analysis: Since February, the euro/yen pair has been in an upward short-term trend. The unfinished wave segment has been developing since August 5. For the past two months, prices have hovered near the strong potential reversal zone on the weekly chart. Weekly forecast: In the coming days, sideways movement near resistance is expected. In the second half of the week, volatility is likely to increase, leading to a reversal and a renewed downward move. This is likely to coincide with major economic data releases. Potential reversal zones Resistance: 175.00/175.50Support: 172.40/171.90Recommendations Buying: highly risky, may be unprofitable.Selling: wait for reversal signals near resistance on your trading systems before entering trades.AUD/JPY Brief analysis: Since July this year, the Australian dollar/yen pair has been moving mostly sideways. On a larger scale, this segment forms a descending flat. The structure indicates the final part (C) of the wave is forming. Weekly forecast: At the start of the week, a downward move toward calculated support is expected. In that area, conditions for a reversal may form. A resumption of growth is likely by the end of the week. Potential reversal zones Resistance: 100.00/100.50Support: 96.30/95.80Recommendations Selling: limited potential; volume size should be kept minimal.Buying: may be used once reversal signals appear near support.Bitcoin Analysis: Since March, Bitcoin's trend has been guided by an upward wave. For the past three months, prices have been forming the corrective part (B), which is still unfinished. The final segment is missing in the current structure. Forecast: This week, a continuation of Bitcoin's decline is expected until support is reached. In the early days, sideways movement with a pullback toward resistance is possible. Active decline is more likely in the second half. The support zone limits the downward range. Potential reversal zones Resistance: 111300.0/112300.0Support: 104500.0/103500.0Recommendations Selling: may be used intraday with fractional volumes; potential is limited by resistance.Buying: become relevant only after confirmed reversal signals appear near support.Notes: In simplified wave analysis (SWA), all waves consist of three parts (A-B-C). On each timeframe, only the last unfinished wave is analyzed. Expected movements are shown with dotted lines. Attention: The wave algorithm does not account for the duration of price moves in time! The material has been provided by InstaForex Company - www.instaforex.com

EUR/USD Brief analysis: The upward trend has been setting the main direction in the euro's major pair since February this year. The latest unfinished segment started in late July. From the lower boundary of a strong potential reversal zone, the price has continued its sideways movement that began a month and a half ago. The structure shows the correction remains incomplete. Weekly forecast: In the coming days, the euro is likely to continue its sideways movement along the support zone. Later, conditions may form for a reversal and the start of an upward move. The rise of the major could extend to the calculated resistance levels. A breakout above them within the weekly period is unlikely. Potential reversal zones Resistance: 1.1810/1.1860Support: 1.1660/1.1610Recommendations Buying: can be used within separate sessions with reduced volume size after confirmed signals appear.Selling: risky and may lead to losses in the coming days.USD/JPY Brief analysis: On the yen chart, an upward wave has been developing since April. In the broader wave model, this segment is correcting the downward trend. Its structure is approaching completion of the final part (C). Prices are nearing the lower boundary of the preliminary target zone. Weekly forecast: In the coming days, the most likely scenario is an upward move towards the calculated resistance zone. Towards the weekend, higher volatility, reversal, and the start of a decline are expected. The release of important economic data could serve as a timing reference. Potential reversal zones Resistance: 150.50/151.00Support: 148.30/147.80Recommendations Buying: limited potential; safer to reduce volume size.Selling: could become the main direction after reversal signals appear near resistance on your trading systems.GBP/JPY Brief analysis: In the pound/yen pair, an upward wave started in August. On a larger scale, this segment marks the beginning of the next wave of the dominant uptrend. Within its structure, an intermediate correction (B) has been developing over the past two weeks. Last week, a pullback took shape. Weekly forecast: In the coming days, the pair is expected to show mostly sideways movement near resistance levels. By the end of the week, the flat phase may finish, leading to a reversal and the start of a decline. Volatility growth may coincide with key news releases. Potential reversal zones Resistance: 200.50/201.00Support: 198.30/197.80Recommendations Buying: low potential, may result in losses.Selling: become relevant once confirmed signals appear near resistance.USD/CAD Brief analysis: The current wave formation on the Canadian dollar chart is upward, starting from mid-June this year. It represents the corrective part (B) within a larger wave model. The wave structure looks completed. No imminent reversal signals are visible on the chart. Weekly forecast: In the coming days, a sideways movement is highly probable. Pressure on the resistance boundary is possible. In the second half of the week, a reversal and resumption of the pair's downtrend can be expected. The calculated support marks the lower boundary of the expected weekly range. Potential reversal zones Resistance: 1.3960/1.4010Support: 1.3840/1.3790Recommendations Buying: has no potential.Selling: become relevant once confirmed signals appear near resistance on your trading systems.NZD/USD The New Zealand dollar's major pair has been trending downward for the past three months. This segment corrects the previous trend. Last week, the price reached the lower boundary of a strong potential reversal zone. No clear reversal signals have yet appeared. Weekly forecast: In the coming days, sideways movement is likely. Brief pressure on the lower support boundary is possible. Later, a reversal and the start of growth in the pair can be expected. Potential reversal zones Resistance: 0.5850/0.5900Support: 0.5750/0.5700Recommendations Selling: has no potential, risky.Buying: after confirmed reversal signals appear near support, can become the main trading direction for this pair.EUR/GBP Brief analysis: Since April, a downward wave has been forming in the euro/pound pair. In recent months, a hidden correction (B) has developed within it. Quotes are nearing the lower boundary of the potential reversal zone on the daily timeframe. Weekly forecast: An upward move in the pair is expected in the early days of the coming week. Towards the weekend, a reversal and a downward move are highly likely. A sharp spike in volatility cannot be ruled out when the direction changes. Potential reversal zones Resistance: 0.8760/0.8810Support: 0.8600/0.8550Recommendations Buying: has low potential and may result in losses.Selling: become relevant after reversal signals form near resistance according to your trading systems.Gold Analysis: Gold quotes are hitting historical records. Last week, the price entered a strong weekly potential reversal zone. For several days, gold has been drifting mostly sideways. Within the wave structure, this segment completes a stretched hidden correction. Forecast: At the start of the week, sideways movement near resistance is likely. Increased activity and a reversal may be expected closer to the weekend. A reversal is highly likely to coincide with news releases. Potential reversal zones Resistance: 3780.0/3800.0Support: 3720.0/3700.0Recommendations Buying: has low potential, may lead to deposit losses.Selling: can be used after reversal signals appear near resistance on your trading systems.Notes: In simplified wave analysis (SWA), all waves consist of three parts (A-B-C). On each timeframe, only the last unfinished wave is analyzed. Expected movements are shown with dotted lines. Attention: The wave algorithm does not account for the duration of price moves in time! The material has been provided by InstaForex Company - www.instaforex.com

Top crypto commentator CryptoinsightUK argues that market consensus has misread the setup for XRP and altcoins, contending that sentiment, liquidity positioning, and cross-asset relationships point to an imminent phase in which XRP could outperform even a resurgent ETH. In his latest Weekly Insight (Week 161, Sept. 27, 2025), the analyst opens with a blunt reset of stance: “I am bullish.” He acknowledges the psychological toll of recent chop and public pushback—“I am getting pushback from all sides for staying bullish… But I also do not really care”—yet he frames the current drawdown as the kind of fear-laced inflection that historically precedes a trend resumption higher. Why Is Everyone Wrong About XRP? The note situates the call against a noisy backdrop. He cites well-followed traders who either called a top or de-risked into weakness, and the victory laps of dominance-maxi voices after a bounce in Bitcoin dominance. The riposte is data-driven: sentiment gauges near “fear” readings of 40 or below, a zone that has repeatedly coincided with local lows or pre-reversal conditions. While he concedes that “we could see a slight further correction,” the weight of evidence, he argues, skews to upside. A key pillar is liquidity mapping. On Bitcoin, he highlights sizeable resting liquidity around $106,000—a pool that has persisted since mid-July and remains uncollected despite spot advances as high as $123,000. “I would expect this 106k area of liquidity to be taken, maybe even down to 104k with a wick,” he writes, emphasizing that a tag into that zone would not invalidate the higher-timeframe bull structure. Crucially, he says, the “largest amount of liquidity ever” sits above price, implying that if a major top were in, “market makers… would [not] allow that much liquidity to remain untouched.” By contrast, lower-side liquidity down around $70,000 is drying up, suggesting reduced gravitational pull to the downside as stale longs and shorts have been flushed or realized. That skew, he says, is even more pronounced across majors and large-cap alts. On daily time frames for ETH, Cardano, XRP, and SUI, “significant liquidity” has rebuilt above spot, while “minor” pockets remain below—an asymmetry that makes precise dip-buy levels hard to pre-declare yet keeps the “ultimate outcome” biased to a leg higher. The timing cue rests on two oscillators that often mark rotation windows: ETH is now as oversold on the 4-hour as it was at the exact cycle bottom around $1,400—a setup not seen again during its run toward $5,000—while Bitcoin Dominance (BTC.D) has reached overbought on the 4-hour. “The last three times this happened, it marked either a local high, the exact high, or came just before a larger drawdown in Bitcoin Dominance,” he notes. On the weekly, he expects the structural outcome to be an acceleration lower in dominance later in the cycle, and he leaves open whether that moment is now. The mosaic—ETH deeply oversold, BTC.D heavily overbought, liquidity stacked above alts—supports his conclusion that “very soon it is likely to be the altcoin show.” Within that rotation, XRP vs. ETH is his sharpest edge. On the 4-hour XRP/ETH chart, he sees a local bottom structure—“a series of lows, higher lows, and higher highs”—with a trigger level at 0.00071 ETH per XRP: “We are looking for closes above the 0.00071 level, and the larger the timeframe of the close above that level, the greater the likelihood of reversal.” On the weekly XRP/ETH, he sketches two Elliott-wave roadmaps: a conservative five-wave path back to the prior highs against ETH, and a higher-beta alternative that starts from the candle structure shift and implies “exponential growth” in relative terms this cycle. The combined thesis is explicit: “ETH looks poised to perform well… [and] XRP looks ready to outperform ETH on top of that. Use your imagination for what could happen if those two things play out together.” At press time, XRP traded at $2.86.

Gold prices have climbed to a new all-time high of around $3,800 per ounce amid dollar weakness, as investors grew nervous about the potential shutdown of the U.S. government. Bullion rose 1.4% to an all-time high of $3,814 per ounce, surpassing last Tuesday's record after six consecutive weeks of gains. Silver jumped 2.4%, while platinum and palladium also posted significant increases, supported by persistent market tensions and inflows into exchange-traded funds backed by these metals. Strong physical demand from central banks — particularly in emerging markets — has also been an important factor behind gold's rally. Diversification of foreign reserves into gold is seen as a safeguard against fluctuations in the dollar and other currency risks, helping to sustain elevated gold prices despite broader market volatility. The dollar fell as investors anticipated negative developments ahead of a scheduled Monday meeting between senior U.S. congressional leaders and President Donald Trump — just one day before federal government funding is set to expire. Failure to reach a deal on a short-term spending bill could trigger a shutdown, threatening the release of key economic data, including Friday's closely watched employment report, which economists expect will show weak job growth in September. A weaker dollar typically makes precious metals cheaper for international buyers. Disappointing labor market data would further strengthen the case for another Fed rate cut at its October policy meeting — a scenario that would make gold even more attractive. However, uncertainty remains high regarding the Fed's rate-cutting cycle, as policymakers last week voiced diverging views on monetary policy. As Barclays Plc recently noted, precious metals do not appear overvalued relative to the dollar and U.S. Treasuries, which should reflect some degree of Fed-related risk premium, especially given the potential threat to the central bank's independence. Gold has surged 45% this year, reaching record levels driven by strong demand from central banks and renewed expectations of Fed rate cuts. Prices are now on track to complete a third consecutive quarterly gain. Inflows into precious metals-backed ETFs have already reached their highest level since 2022. Major banks, including Goldman Sachs Group Inc. and Deutsche Bank AG, have stated they expect the rally to continue. Technical Outlook for GoldFor buyers, the immediate resistance lies at $3,802. A breakout above this level would open the way toward $3,849, though overcoming it could prove challenging. The furthest bullish target is seen at $3,906. In case of a pullback, bears will attempt to regain control at $3,756. A break below this level could deal a serious blow to bullish positions and pull gold down toward $3,705, with the potential to extend losses to $3,658. The material has been provided by InstaForex Company - www.instaforex.com

Everything comes to an end — both the good and the bad. As investors prepare for heightened volatility in the S&P 500 in October, following several months of a sharp rally, the markets are beginning to bid farewell to the Magnificent Seven. Since the launch of artificial intelligence technologies in early 2023, betting on the stocks of companies in this group seemed like a win-win trade. However, nothing lasts forever. Performance of the Magnificent Seven At first glance, the giants appear unshaken—the Magnificent Seven accounts for 35% of the S&P 500's market capitalization. In 2026, the group's earnings are expected to grow by 15% and revenue by 13%. This is stronger compared with the rest of the index, where profit is projected to rise by 13% and revenue by 5.5%. Still, there are serious changes within the group itself. While Nvidia, Alphabet, Meta, and Microsoft remain in strong positions, Apple, Amazon, and Tesla are clearly lagging. It may be time to replace them with other companies tied to artificial intelligence — such as Broadcom, Oracle, and Palantir Technologies. The new stars are ready to take the place of the old ones. However, for now, investors are more concerned about the shift of the stock market toward greater volatility. Many doubt that the S&P 500 rally in the fourth quarter will continue at the same pace as in April through September. Goldman Sachs warns that, since 1929, stock market volatility in the final quarter of the year has been, on average, 20 percentage points higher than during the rest of the year. In the 21st century, this figure has been even greater due to numerous corporate, economic, and political developments. Seasonal Volatility Dynamics of the S&P 500 One potential trigger for a spike in S&P 500 volatility could be a US government shutdown. Markets appear overly complacent about the debt ceiling. They assume the issue will be resolved at the last minute, as it has been in previous years, and that catastrophe will be avoided. But time is running out — only a few days remain until the end of September, and Democrats and Republicans are locked in a standoff. The former are demanding healthcare concessions, while the latter are threatening public sector layoffs. It is worth noting that the last government shutdown occurred during Donald Trump's previous presidential term. This led to delays in the release of economic data and a slowdown in GDP growth. This time could be even worse. Weakness in the labor market risks accelerating, which could spell serious trouble for the US economy. Is a surge in stock market volatility just around the corner? From a technical perspective, on the daily chart, the S&P 500 has clearly followed the buy-on-dip strategy at the pivot support level of 6570. Long positions could be expanded after the successful breakout of the fair value at 6610, which now turns into key support. It makes sense to continue focusing on buying as long as the broad stock index trades above this level. The material has been provided by InstaForex Company - www.instaforex.com

Trade Review and Advice on Trading the Japanese YenThe test of the 149.56 level occurred when the MACD indicator had already moved significantly below the zero mark, which limited the pair's downside potential. For this reason, I did not sell the dollar and missed the entire downward move. The Japanese yen surged sharply against the US dollar at the end of last week after news that the US Personal Consumption Expenditures (PCE) index rose by only 0.2%, entirely in line with economists' forecasts. Although expected, this release triggered a chain reaction in the currency markets. Investors interpreted it as a signal that the Federal Reserve may adjust its policy course as early as October this year. The dollar, which had previously been supported by expectations of aggressive monetary tightening, lost part of its appeal. The fact that actual data matched forecasts reduces the need for a wait-and-see stance, making US assets less attractive to foreign investors. In the near term, the dynamics of the USD/JPY pair will depend on several key factors. First, upcoming economic data from the US and Japan will help assess the relative strength of both economies. Second, the rhetoric of central bank officials can shape market expectations. As for the intraday strategy, I will focus more on implementing scenarios #1 and #2. Buy ScenarioScenario #1: I plan to buy USD/JPY today at an entry point around 149.00 (green line on the chart), targeting 149.39 (thicker green line on the chart). Around 149.39, I intend to exit long positions and immediately open shorts on a reversal (expecting a 30–35-pip move in the opposite direction). It is best to buy the pair during pullbacks and deeper corrections in USD/JPY. Important: Before buying, ensure the MACD indicator is above the zero mark and is just starting to rise from it.Scenario #2: I also plan to buy USD/JPY if there are two consecutive tests of the 148.74 level at a time when the MACD indicator is in the oversold zone. This would limit the pair's downside potential and trigger a reversal upward. Growth toward 149.00 and 149.39 can then be expected.Sell ScenarioScenario #1: I plan to sell USD/JPY today only after the 148.74 level (red line on the chart) is updated, which could lead to a quick decline in the pair. The key target for sellers will be 148.44, where I intend to exit short positions and immediately open longs on a reversal (expecting a 20–25-pip move in the opposite direction). It is preferable to sell from higher levels. Important: Before selling, ensure the MACD indicator is below the zero mark and is just starting to decline from it.Scenario №2: I also plan to sell USD/JPY in case of two consecutive tests of the 149.00 level when the MACD indicator is in the overbought zone. This would limit the pair's upside potential and trigger a downward reversal. A decline toward 148.74 and 148.44 can then be expected. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade Review and Advice on Trading the British PoundThe test of the 1.3383 level coincided with the moment when the MACD indicator had already moved significantly above the zero mark, which limited the pair's upside potential. For this reason, I did not buy the pound and skipped the pair's small upward move. The pound reacted positively against the dollar on news that the US Personal Consumption Expenditures (PCE) index rose by only 0.2%, in line with economists' forecasts. This modest increase, predicted by analysts, served as a signal of a possible further easing of the Federal Reserve's monetary policy. The market interpreted this as a sign of a softer stance by the central bank in the future, which immediately weighed on the dollar. The British pound, in turn, took advantage of the weakness of the US currency. Today will bring the release of data on mortgage approvals in the United Kingdom, net lending to individuals, and changes in the M4 money supply. These indicators are typically regarded as barometers of the British economy's health. An increase in mortgage approvals often reflects optimism in the housing market and households' willingness to take on long-term debt obligations. Net lending to individuals highlights household borrowing activity. Rising loan volumes may indicate stronger consumer demand, but they also suggest a growing debt burden. Changes in M4 money supply offer insight into the overall liquidity of the economy. Growth in M4 may indicate increasing inflationary pressure, while a decline could signal slowing economic growth. Investors will carefully analyze these data to assess the current condition and potential future trajectory of the UK economy. If the readings come in above forecasts, the pound may strengthen. Conversely, weaker-than-expected figures could push the British currency lower. As for the intraday strategy, I will focus more on implementing scenarios #1 and #2. Buy ScenarioScenario #1: Today, I plan to buy the pound at an entry point around 1.3446 (green line on the chart), targeting 1.3480 (thicker green line on the chart). At 1.3480, I intend to exit long positions and immediately open shorts on a reversal (expecting a 30–35-pip move in the opposite direction). A continuation of the bullish trend after strong data may justify pound growth today. Important: Before buying, ensure the MACD indicator is above the zero line and is just beginning to rise from it.Scenario #2: I also plan to buy the pound in case of two consecutive tests of the 1.3427 level, if the MACD indicator is in the oversold zone at that time. This would limit the pair's downside potential and trigger a reversal upward. Growth toward 1.3446 and 1.3480 could then be expected.Sell ScenarioScenario #1: Today, I plan to sell the pound after the 1.3427 level (red line on the chart) is updated, which may lead to a quick decline in the pair. The key target for sellers will be 1.3396, where I intend to exit short positions and immediately open longs on a reversal (expecting a 20–25-pip correction in the opposite direction). Pound sellers could step in at any moment. Important: Before selling, ensure the MACD indicator is below the zero line and is just beginning to decline from it.Scenario #2: I also plan to sell the pound in case of two consecutive tests of the 1.3446 level, if the MACD indicator is in the overbought zone at that time. This would limit the pair's upside potential and trigger a reversal downward, with targets at 1.3427 and 1.3396. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade Review and Advice on Trading the EuroThe test of the 1.1689 level coincided with the moment when the MACD indicator had already moved significantly above the zero mark, which limited the pair's upside potential. For this reason, I did not buy the euro. The second test of this price coincided with the MACD being in the overbought zone, which allowed scenario #2 for selling to play out, although a major decline in the pair did not materialize. The core Personal Consumption Expenditures (PCE) index in the US matched economists' forecasts, indicating moderate price pressure. This event served as a catalyst for a reassessment of risks and opportunities in global financial markets. The US dollar, which had shown relative resilience in recent days, came under notable pressure, especially against the euro. Investors, accustomed to expecting aggressive Federal Reserve policy, are now forced to consider the likelihood of further interest rate cuts. The PCE index aligning with forecasts is interpreted as an argument in favor of a more cautious approach by the central bank. This, in turn, reduces the attractiveness of US assets for foreign investors, initiating a capital outflow toward regions with higher potential returns. Today, in the first half of the day, there are no economic reports from the eurozone, and only a speech by Bundesbank President Joachim Nagel is expected. In an information vacuum, any statement from such an influential figure takes on special significance and may act as a potential catalyst for market movement. Nagel's rhetoric, his assessment of the current economic situation in the eurozone, and his forecasts for the near future will undoubtedly be closely analyzed. Investors will look for any signals shedding light on the ECB's plans for supporting economic growth. Particular attention will be paid to comments regarding interest rate prospects. As for the intraday strategy, I will focus more on implementing scenarios #1 and #2. Buy ScenarioScenario #1: Today, euro purchases can be considered at the 1.1735 level (green line on the chart), with a target at 1.1760. At 1.1760, I plan to exit the market and open a short position on a reversal, aiming for a 30–35-pip move from the entry point. A euro rise can only be expected following a firm stance from ECB representatives. Important: Before buying, ensure the MACD indicator is above the zero line and is just beginning to move upward from it.Scenario #2: I also plan to buy the euro in case of two consecutive tests of the 1.1721 level, if the MACD is in the oversold zone at that time. This would limit the pair's downside potential and lead to an upward reversal. Growth toward 1.1735 and 1.1760 can be expected.Sell ScenarioScenario #1: I plan to sell the euro once it reaches the 1.1721 level (red line on the chart). The target will be 1.1695, where I intend to exit the market and immediately open a long position on a reversal (expecting a 20–25-pip correction in the opposite direction). Selling pressure on the pair will return if weak data emerges. Important: Before selling, ensure the MACD indicator is below the zero line and is just beginning to decline from it.Scenario #2: I also plan to sell the euro if there are two consecutive tests of the 1.1735 level and the MACD is in the overbought zone. This would limit the pair's upside potential and lead to a reversal downward, with targets at 1.1721 and 1.1695. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Bitcoin rose sharply during today's Asian session, reaching $112,300, after previously trading near $109,000. Ethereum also gained significantly, climbing back to the $4,000 level, which had been broken late last week. Meanwhile, Eric Trump, son of the U.S. president, recently stated that the fourth quarter of 2025 will be incredible for BTC and the entire cryptocurrency market, citing seasonality and similar factors. According to him, the future of crypto looks bright thanks to QE, an expanding money supply, regulatory progress, and the actions of the White House administration. While the impact of political statements on the cryptocurrency market is hard to overestimate, figures like Eric Trump, whose words are widely quoted in the media, are capable of creating waves of interest and speculation around digital assets. His optimistic forecast for Q4 2025, based on a mix of seasonal and macroeconomic factors, will certainly resonate with some investors. However, it is worth noting that the cryptocurrency market is highly volatile and subject to a wide range of influences. The QE, monetary expansion, and regulatory progress mentioned by Eric Trump are only part of a much larger equation. Institutional sentiment, technological innovation, competition between cryptocurrencies, and global economic and political events also play a crucial role. Therefore, despite optimistic forecasts, traders should remain vigilant and conduct their own analysis before making investment decisions. Eric Trump's words may serve as an additional factor, but not the sole reason for entering the market. Cryptocurrency is complex—but exciting! Regarding the intraday strategy in the cryptocurrency market, I will continue to act based on major pullbacks in Bitcoin and Ethereum, expecting the bullish medium-term trend to remain intact. Below are the short-term trading scenarios. BitcoinBuy ScenarioScenario 1: Buy Bitcoin at $112,100 with a target of $113,100. At $113,100, exit longs and immediately sell on the rebound. Before buying on a breakout, confirm that the 50-day moving average is below the current price and the Awesome Oscillator is above zero.Scenario 2: Buy from support at $111,400, provided there is no reaction to a downward breakout, targeting $112,100 and $113,100.Sell ScenarioScenario 1: Sell Bitcoin at $111,400 with a target of $110,300. At $110,300, exit shorts and buy immediately on the rebound. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero.Scenario 2: Sell from resistance at $112,100, if the breakout fails, targeting $111,400 and $110,300. EthereumBuy ScenarioScenario 1: Buy Ethereum at $4127 with a target of $4181. At $4181, exit longs and immediately sell on the rebound. Before buying on a breakout, confirm that the 50-day moving average is below the current price and the Awesome Oscillator is above zero.Scenario 2: Buy from support at $4086, provided there is no reaction to a downward breakout, targeting $4127 and $4181.Sell ScenarioScenario 1: Sell Ethereum at $4086 with a target of $4027. At $4027, exit shorts and buy immediately on the rebound. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero.Scenario 2: Sell from resistance at $4127, if the breakout fails, targeting $4086 and $4027.The material has been provided by InstaForex Company - www.instaforex.com

After rallying above $0.3 at the start of September, the Dogecoin price has faced significant resistance since then, leading to an over 28% decrease in price. By Sunday, though, the Dogecoin price had begun to rebound, suggesting that there would be a rise in momentum, especially among buyers. This now puts the meme coin at a significant level, as there is the potential of the price bouncing off the current demand zone, but with bears still making a bid, the tug-of-war continues. What A Bounce From The Demand Zone Means Presently, the most critical support for the Dogecoin price lies at the $0.229 level, as outlined by crypto analyst Lingrid, which the cryptocurrency has managed to hold over the weekend. This support level serves as confirmation that the Dogecoin price could continue its uptrend much farther than it did back in early September. The analyst also outlines a bullish formation on the chart, which is a completed triangle breakout pattern. The completion of the bullish pattern is what had led to the initial bullish impulse before the price began to correct downward again. Following the correction, the Dogecoin price was observed to be testing the lower boundary of the triangle trading range. However, with the price still holding above the critical support level, it could see a sustained break from here. The meme coin has already seen a recovery coming out of the weekend, suggesting that the $0.22 psychological level would hold completely through the uncertain market headwinds. Now, if the Dogecoin price is still able to hold this psychological level, then it could be the signal that crypto investors are buying heavily into the altcoin. In the case of heavy buying, it could provide the needed push from the current demand level above $0.21. A leg-up from here would push it toward $0.25, where the next major resistance level lies for the digital asset. This makes $0.22 a very important level as it is the target for the bears to break through. This is because if the bears are able to push the price back down toward $0.22 and cause it to fall further, then the next target lies low at $0.18810. This is the rebound level with demand, thus the price would have to get here before the can bounce again. The crypto analyst also explains that the current triangle pattern could fail its bullish impulse if the Dogecoin price fails to reclaim higher ground. Also, there is the possibility that the Bitcoin price could crash, taking the crypto market down with it and pushing the Dogecoin price toward further decline.

Asian markets start the week on a positive note Most Asian stock exchanges moved higher on Monday, while the US dollar weakened. Investors are closely watching developments in Washington, where a potential government shutdown could delay the release of September's employment report and other key economic data. Political talks in Washington President Donald Trump is set to meet congressional leaders from both parties on Monday in a bid to secure continued government funding. Without an agreement, a partial shutdown may begin midweek, coinciding with the introduction of new US tariffs on heavy trucks, pharmaceuticals, and other products. Seasonal momentum supports equities Analysts highlight that the fourth quarter is historically favorable for equities. The S&P 500 has posted gains in nearly three out of every four fourth quarters. Early trading showed S&P 500 futures up 0.2% and Nasdaq futures rising 0.3% after last week's mild decline. In Europe, futures on the EUROSTOXX 50, FTSE, and DAX each advanced by about 0.3%. Japan slips, Korea rallies Japan's Nikkei stood out as a laggard, shedding 0.8%. Still, the index remains roughly 5% higher for September. Investors are awaiting the results of the ruling Liberal Democratic Party leadership vote, which will determine the next prime minister and set the course for fiscal and monetary policy. In contrast, South Korea's KOSPI jumped 1.3%, bringing its monthly gain to 7.6%. The broad MSCI Asia-Pacific index excluding Japan rose 0.4%, closing the month nearly 4% higher. Chinese stocks advance ahead of Golden Week China's blue-chip CSI300 index gained 0.7% on Monday as investors positioned themselves ahead of Golden Week holidays, which begin on Wednesday. Australia's central bank in focus The Reserve Bank of Australia is scheduled to meet on Tuesday. Economists widely expect the cash rate to remain at 3.65%, following three cuts earlier this year. Dollar retreats on currency markets The US dollar index slipped 0.2% to 97.952 after being buoyed last week by upbeat economic data. The euro edged higher to 1.1726 dollars, staying in the lower half of its recent range between 1.1646 and 1.1918. Against the yen, the dollar weakened 0.4% to 148.92, reversing part of last week's 1% rise from a September low near 145.50. Gold reaches new record On commodities markets, gold extended its rally, hitting a fresh all-time high of 3,798 dollars per ounce. Oil prices under pressure Crude prices declined after oil flows resumed through a pipeline from Iraq's semi-autonomous Kurdistan region to Turkey for the first time in two and a half years. Traders are also awaiting Sunday's OPEC+ meeting, where the group is expected to approve an additional production hike of at least 137,000 barrels per day. Brent futures dropped 0.8% to 69.73 dollars a barrel, while US WTI crude slipped 0.7% to 65.27 dollars. Indian stocks rebound at the week's start Following the steepest weekly loss in nearly seven months, Indian equities opened higher on Monday, with energy and oil and gas shares leading the gains. Benchmarks edge up By 10:02 a.m. IST, the Nifty 50 index was up 0.43% at 24,761.5 points, while the BSE Sensex climbed 0.39% to 80,745.23 points. Last week's drag Both benchmarks had slumped 2.7% last week, logging six straight sessions of declines. Investor sentiment was hurt by higher fees for US H-1B visas and increased tariffs on branded pharmaceuticals, prompting foreign capital outflows. Energy and oil and gas lead the way The energy sector rose 1.2%, while oil and gas stocks advanced 1.5%. Gains were fueled by BPCL and HPCL shares after brokerage reports highlighted stable fuel prices and positive expectations for market capitalization growth. Oil India surges on gas discovery Oil India shares jumped 2.2% after the company announced the discovery of natural gas in a shallow-water exploration block off the Andaman coast. Small and mid-caps join the rally Stocks of smaller and mid-sized companies also participated in the rebound, each rising about 0.7%. The material has been provided by InstaForex Company - www.instaforex.com

The U.S. dollar quickly lost ground against risk assets at the end of last week, with clear reasons for this shift. Data showed that the U.S. core Personal Consumption Expenditures (PCE) index matched economists' forecasts, indicating moderate price pressures in the U.S. This sharply weakened the dollar's position. Traders interpreted it as a signal that the Federal Reserve can continue cutting interest rates without major risks, stimulating the economy and supporting the labor market. As a result, U.S. assets became less attractive, triggering capital outflows. The euro, the British pound, and other risk-sensitive assets, by contrast, strengthened on expectations that their central bank would maintain a wait-and-see approach regarding interest rates. Today, the first half of the session brings a scheduled speech by Bundesbank President Joachim Nagel. His remarks on future monetary policy could strengthen the euro against the dollar. Markets closely monitor every word from leading central bankers, and Nagel's speech is no exception. In the current situation, where the outlook for further European Central Bank actions remains uncertain, any hints of the end of the rate-cutting cycle could trigger a wave of euro buying. In the U.K., data on mortgage approvals, net lending to individuals, and changes in the M4 money supply will be published. These indicators, traditionally viewed as signals of the U.K. economy's health, could significantly influence trader sentiment and, in turn, the pound's exchange rate. Mortgage approvals reflect housing market dynamics. Growth in approvals typically signals positive sentiment and the willingness of households to take on long-term credit.Net lending to individuals shows household credit activity.M4 money supply growth indicates overall liquidity conditions. A rising M4 may indicate increased inflationary pressures, which would be supportive for the pound.If the data aligns with expectations, the best approach is to rely on a Mean Reversion strategy. If the data significantly deviates from forecasts, a Momentum strategy is preferable. Momentum Strategy (Breakout):EUR/USDBuying on a breakout above 1.1740 may lead to growth toward 1.1760 and 1.1786. Selling on a breakout below 1.1715 may lead to a decline toward 1.1670 and 1.1640. GBP/USDBuying on a breakout above 1.3450 may lead to growth toward 1.3470 and 1.3499. Selling on a breakout below 1.3430 may lead to a decline toward 1.3405 and 1.3370. USD/JPYBuying on a breakout above 149.01 may lead to growth toward 149.32 and 149.64. Selling on a breakout below 148.80 may lead to a decline toward 148.60 and 148.30. Mean Reversion Strategy (Pullbacks): EUR/USDSelling will be considered after a failed breakout above 1.1740 with a return below this level. Buying will be considered after a failed breakout below 1.1713 with a return above this level. GBP/USDSelling will be considered after a failed breakout above 1.3448 with a return below this level. Buying will be considered after a failed breakout below 1.3409 with a return above this level. AUD/USDSelling will be considered after a failed breakout above 0.6582 with a return below this level. Buying will be considered after a failed breakout below 0.6545 with a return above this level. USD/CADSelling will be considered after a failed breakout above 1.3938 with a return below this level. Buying will be considered after a failed breakout below 1.3911 with a return above this level. The material has been provided by InstaForex Company - www.instaforex.com