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Amid Wall Street’s heightened expectations for future rate cuts, Federal Reserve Chair Jerome Powell will be speaking on Tuesday, 22 September 2025. Hence, the crypto market is bracing for volatility and has every reason to. Apart from Powell’s speech, a string of high-impact US economic data drops throughout the week. On Wednesday, 23 September 2025, home sales figures will be released. On Thursday, 24 September 2025, we’ll see existing home sales data shine a light on the strength of America’s housing market, along with the latest durable goods orders report. The health of both reports has influenced investment flows into digital assets in the past. But Thursday will be the real inflection point – with the revised Q2 GDP print set to reveal if the US economy is truly out of the woods or facing more ‘stagflation’ headwinds. On Friday, August’s Core PCE Index will drop. It is known as Fed’s preferred inflation gauge. 24 September 2025 will also see the preliminary Michigan Consumer Sentiment Index drop. Will this be the ‘make-or-break’ week for Bitcoin, Ethereum and other VDAs? EXPLORE: Best New Cryptocurrencies to Invest in 2025 Powell’s Speech & Crypto Market Sentiment Tomorrow, observers will dissect Powell’s comments for clues about upcoming October and December rate meetings. Moreover, it’s true that the global crypto market is bracing for a volatile week. After hovering above the $4.1 trillion mark for most of the weekend, digital assets took a sharp turn today, as over $75 billion evaporated in a few hours’ time. Twitterati is wondering if volatility is the risk or is there is opportunity hiding in it? X user ‘Crypto Ex-Insider’ says, “Powell speeches often move markets more than the data itself. One word shift in tone can reprice trillions.” Meanwhile, BTC has fallen to $112,749 – its lowest levels in the last ten days. According to an analysis shared by trader Merlijn, Bitcoin’s long-term chart once again echoes its historical cycle patterns. bitcoinPriceMarket CapBTC$2.25T24h7d1y DISCOVER: Best Meme Coin ICOs to Invest in Today Bitcoin Hits 10-Day Lows. But There’s More! According to the analysis, every major bull run since 2017 has included a mid-cycle “trap” a sharp correction that forces weaker hands out before the market resumes its rise. In 2017, Bitcoin rose rapidly, and then it experienced a sharp decline that shook confidence, only to climb to historic levels a few months later. The same pattern repeated in 2021, with prices freezing around $60,000 and then surging up. The present chart of Merlijn also indicates 2025 to be another instance of this pattern. Read More: Will TradFi Kill BTC USD Volatility? Lessons From Forex? Key Takeaways Macro factors—traditionally the purview of Wall Street and central banks—now directly shape digital asset valuations, trading patterns, and investor psychology. “Monetary policy is entering a new era,” noted The Kobeissi Letter, referencing the historic interplay between interest rate cuts, stagflation, and the growing wealth gap. The post Major Events That Could Flip Crypto Sentiment This Week: Powell’s Speech Tomorrow Keeps Everyone On Edge appeared first on 99Bitcoins.

One step forward, two steps back. Bitcoin has tumbled from monthly highs as markets reassess the scope of potential Federal Reserve rate cuts and question whether demand for crypto remains strong enough. Even news of the SEC approving an ETF based on a basket of digital assets — rather than a single cryptocurrency — failed to support BTC. While US authorities are showing more openness toward the crypto industry than in the past, BTC/USD is increasingly behaving like an overbought asset. The futures market now expects the federal funds rate to fall from its current 4.25% to below 3%. However, the latest FOMC projections show a terminal rate of 3.4%. Investors had become overly complacent, betting on aggressive monetary easing from the Fed. The realization that the central bank may, in fact, act more cautiously has pushed the US dollar higher against major currencies — and sent both Bitcoin and Ethereum into retreat. BTC and ETH sell-off dynamics Bitcoin and Ethereum continue to dominate the crypto market, accounting for roughly 70% of total market capitalization. BTC/USD is increasingly seen as a portfolio diversification tool due to a drop in volatility — from 200% a decade ago to under 40% now — while ETH/USD remains largely a speculative asset. According to Coinglass, $1.5 billion worth of bullish positions in digital assets were liquidated at the start of the final full week of autumn. Alongside the repricing of interest rate expectations, doubts about crypto demand have further strengthened the bearish case for BTC/USD. Recently, crypto treasuries — firms that raise capital through stock or bond issuance and invest in digital assets — have gained immense popularity. Over 100 such companies have accumulated around $116 billion worth of Bitcoin. Their Ethereum-focused peers have raised $16 billion in 2025 alone. However, Nasdaq's new requirement that security issuances be approved by shareholders has raised market concerns. Will these firms be able to continue buying Bitcoin, Ethereum, and similar assets as aggressively as before? If not, a slowdown in demand could justify further BTC/USD selling. Digital assets are also suffering from a breakdown in correlation with US stock indices. While American stocks are rallying thanks to AI-driven optimism, cryptocurrencies lack a comparable catalyst. Instead, they're forced to respond to shifting expectations for Fed policy and the strengthening US dollar. Technical picture: BTC/USD On the daily chart, BTC/USD has broken through dynamic support levels — namely the moving averages — from above, signaling a return of bearish momentum. This opens the door for potential declines toward 111,000, 106,000, and 103,000. The key resistance level lies at 113,500. As long as Bitcoin remains below this mark, the focus stays on short positions. The material has been provided by InstaForex Company - www.instaforex.com

No matter how many warning signs emerge, people always seem to find new ways to believe that the good times can last forever. Right now, the rules of the game in the US stock market are as clear as day: the S&P 500 is hitting record highs, boosted by a rally that has added $16 trillion in market cap since the start of 2025. Oil prices are near four-year lows, while risk is abundant everywhere — from equities to crypto. Expected volatility is at a one-year low. Investors keep buying at the top, and it's almost impossible to tell which high will actually be the last. In the 1990s, it was the Internet that propelled American stocks. In 2021, it was zero interest rates. Today, it's the age of artificial intelligence. Wall Street has convinced itself there's no such thing as "too much optimism" — at least for now. The Fed is expected to continue cutting rates, AI technologies are here to stay, and that means corporate profits and the US economy still have room to expand. So does the S&P 500. Divergence between Dow Industrials and transport companies Never mind the old Dow Theory flashing warning signals. According to it, when industrial stocks rally without confirmation from transportation stocks, trouble is brewing. The gap between the two hasn't been this wide since the global financial crisis of 2008–2009, the 2020 pandemic, and the tariff shock earlier this year. The number of "bears" has exceeded the number of "bulls" for seven straight weeks — something that's only happened three times since the beginning of the 20th century. Still, the market hears only what it wants to hear. Instead of scary headlines, investors are latching onto a recent Bank of America report suggesting there's no bubble in the broad equity index. Historically, during the last ten market bubbles, the average rally from bottom to top was about 244%. Today, the so-called "Magnificent Seven" are up 223%. Back then, the average price-to-earnings ratio was 58, and the distance from the 200-day moving average was 29%. Today, those numbers are 39 and 20%, respectively. The S&P 500 still has room to climb. Bull vs. bear sentiment in US stocks What could stop the bulls in the broad market index? A sharp reassessment of Fed rate expectations? Judging by what's happening in the currency markets — where the US dollar is strengthening — that reassessment is already underway. But equities remain unfazed. Accelerating US inflation? Possible, but unlikely. The Federal Reserve has made it clear it's more concerned about unemployment. Strong labor market data? Also unlikely to change the narrative. Technically, on the daily chart, the S&P 500 is now within arm's reach of the previously stated target level of 6,700. A breakout above resistance would pave the way toward 6,850 and beyond. In this environment, it makes sense to stick with the classic "buy the dip" strategy or go long on fresh all-time highs. Key support is seen near the 6,570 mark. The material has been provided by InstaForex Company - www.instaforex.com

Overview: After finishing last week with a bid tone, the US dollar's gains were initially extended against most G10 currencies before a mild bout of profit-taking emerged. It was extended in the European morning but may stall in North America. Several pairs have options near today's highs that expire at 10:00 AM ET. The US announcement that dramatically raises the prices of H-1B visas is a key talking point, with India seen particularly exposed. The US tariffs make it more expensive to import goods and now the administration will make it more difficult to import skilled labor. Meanwhile, Argentina's drama continues, and it is seeking a US loan on top of the IMF. Although the Bank of Japan announced intentions to reduce its equity ETF holdings, the pace is slow (~20 mln a day) that it is not much of a hurdle for Japanese stock, which rallied today. Most of the large bourses in the region did, but Hong Kong and mainland stocks that trade there, and India. The Stoxx 600 in Europe is off around 0.2% and US index futures are also trading heavier. Benchmark 10-year yields are narrowly mixed and there has been little reaction to news at the end of last week that Fitch upgraded Italy's rating BBB+ with a stable outlook. The 10-year US Treasury yield is little changed, slightly below 4.13%. Five Fed officials speak today, three of whom are slated for noon ET. Gold reached a new record high around $3726 before steadying. November WTI is held $63 and was pushed back to the pre-weekend low near $62.25. USD: The Dollar Index enters today, with a three-day advance in tow, the longest advance since late July. It is trading lower in a consolidative fashion after stalling in front of 97.85. It has found initial support near 97.50 and could ease toward 97.20 without causing much technical damage. A push above 97.80 targets the 98.25 area, and possibly 98.70. Post-FOMC and before the next employment report, sentiment may be the key to the greenback's near-term performance. The market does not put much weight on today's national activities report by the Chicago Federal Reserve. Five Fed officials speak today amid a wide dispersion of views. Tomorrow sees the preliminary September PMI and Q2 current account. The PMI may pose headline risk, but the market seems to react more to the ISM. After a record Q1 25 current account deficit (~$450 bln), the dramatic reduction in the Q2 trade deficit (~$190.4 bln vs. $381.5 bln in Q1) points to a narrower Q1 current account deficit. The TIC data showed foreign investors bought a net $382 bln of US financial assets in Q2 after a little less than $385 bln in Q1. As we have noted, foreign investors bought more US stocks and bonds in H1 25 than H1 23 and H1 24 together. BIS data and other research suggest that the pressure on the dollar is coming not from a capital strike but hedging dollar exposure. EURO: The euro initially extending its last week's losses and slipped to about $1.1725 before recovering to almost $1.1770 in the European morning. The intraday momentum indicators are stretched. Additional gains look likely to be limited in North America, and there are 1.1 bln euros in options struck at $1.18 that expire today. Tomorrow's preliminary October PMI is the most important economic report this week for the market, though the lending data with the money supply report may draw more attention from economists. Over the last couple of weeks, Russia incursion into the airspace of Poland and Estonia raises the temperature of geopolitical tensions as Russian forces step up their attacks on Ukraine. The market impact is minimal until it isn't. The Swiss National Bank meets on Thursday. Its policy rate is at zero and the two-year yield is almost negative 20 bp. The Swiss franc is in the upper end of this year's range against the euro. However, the SNB does not seem prepared to adopt a negative policy rate. The EU harmonized CPI was at zero year-over-year last month and the core rate was 0.7% (slightly below China's 0.9%). The SNB does not quite seem ready to return to a negative policy rate. CNY: The dollar fell to the new low for the year against the offshore yuan in the middle of last week near CNH7.0850. The greenback's broad recovery saw it rise to CNH7.12 ahead of the weekend. It is consolidating quietly in the pre-weekend range. The PBOC set the dollar's fix lower today after raising it in the past two sessions. It was set at CNY7.1106 today (CNY7.1128 before the weekend and CNY7.1056 a week ago). US Treasury Secretary Bessent's acceptance of the yuan's modest appreciation this year may be understood within the context of US talks with China and seems consistent the administration's distancing itself from Taiwan in terms of weapon sales and high-level defense meeting. These measures coupled with the US treatment of Ukraine cannot set will Taipei. Meanwhile, Chinese banks left their loan prime rate steady at 3.0% and 3.5% for the one- and five-year tenors, respectively. China's economic calendar is light this week. We find that the yuan tends to do relatively better on the crosses in a firm US dollar environment, as was the case in July, for example. JPY: The dollar edged up to make a marginal new two-week high near stalled near JPY148.40 today before easing. Firmer US rates could help lift the greenback into the JPY148.65-85 area next. The greenback has risen for four consecutive weeks against the yen, matching its longest advance in January-February 2024. The hawkish hold by the BOJ failed to inspire the fx market while boosting the odds of a rate hike in the swap market from about a 1-in-3 chance to slightly more than 50%. This underscores our observation that the exchange rate is more driven by US rates than Japanese. Japanese markets are closed tomorrow for the fall equinox. The flash PMI will be reported Wednesday but tends not to elicit much of a local response. Thursday sees Tokyo's September CPI, which is a robust signal of the drivers of the national reading that is reported later in October. Some observers are particularly pessimistic Japan, but this is nearly a perennial. We note that the 40-year yield peaked in May near 3.70% and is now 3.40%. The US 10-year premium over JGBs is 250 basis points after approaching three-year lows last week. The Nikkei and Topix were knocked off their record highs at the end of last week following the BOJ's decision to reduce its holdings of its ETF. Still, the divestment will be so slow that we suspect it will not derail the bull market. The Nikkei closed 1% higher today and the Topix gained 0.50%. GBP: Sterling settled heavily at the end of the last week. It reversed lower from about $1.3725 in the middle of last week and finished last week setting a two-week low near $1.3465. The losses were initially extended to about $1.3455 today before it recovered. It held chart support near $1.3435. It poked slightly above $1.3500 in Europe. Options for about GBP400 mln at $1.3500 expire today. The high from last Friday was around $1.3565, and only a move above there would call into question this near-term bearish outlook. It is a light week for UK data outside of tomorrow's preliminary September PMI. After last week's larger deficit, driven by higher inflation lifting public service spending and debt services and weaker revenue, the performance of the UK's debt market remains important. While we argue, firmer rates can support the US dollar, higher bond yields in the UK are consistent with sterling weakness. CAD: The Bank of Canada's rate cut last week, which was largely anticipated, did not have much impact on the exchange rate. In fact, in the firmer US dollar environment that emerged after Fed's cut was the key to the Loonie's performance. It was the strongest of the G10 currencies with a nearly 0.45% gain. As we have observed, the Canadian dollar performs better in the stronger greenback environment. This was obviously the case in July when the US dollar rose for the first month this year. Given the extent of US dollar bearishness, the common tactic of short-term momentum traders and trend followers is to be short the Canadian dollar on crosses, like against sterling or euro. If the greenback enjoys a correction as we anticipate short Canadian dollar positions, get squeezed out. The US dollar is trading within the pre-weekend range (~CAD1.3770-CAD1.3825). Options for about $520 mln at CAD1.3800 expire today. Key US dollar support is near CAD1.3720, the potential neckline of a topping pattern. Nearby resistance is seen in the CAD1.3830-50. AUD: The Australian dollar's key reversal last Wednesday after setting a new high for the year slightly above $0.6705 signals near-term weakness. Follow-through selling in the last two sessions saw the Aussie finish the week a little below $0.6600. It was pushed into a support zone today in the $0.6560-80 area. Although it stabilized, it is stalling in front of $0.6600, where options for about A$705 mln expire today. Meanwhile, poor New Zealand GDP (-0.6% vs. a flat reading expected by the median forecast in Bloomberg's survey), sent the Kiwi sharply lower. It was the worst G10 performer last week; tagged for almost 1.6%. The implied year-end rate in the swaps market fell 20 bp last week. There are two RBNZ meetings left this year, and the swaps market has two quarter-point cuts fully discounted, and a little more than a 1-in-3 chance that one will be for 50 bp. The Aussie reached a three-year high against the Kiwi last week. MXN: The dollar fell to MXN18.20 last week, the lowest level since July 2024. In the greenback's rebound in the second half of last week, it recovered to almost MXN18.47. It is consolidating quietly between roughly MXN18.3750 and MXN18.4325. There is scope for some additional near-term gains ahead of the first half September CPI on Wednesday and the central bank meeting on Thursday, but dollar sellers are likely to re-emerge. The carry remains attractive and allows peso longs to hold on to their positions during the consolidative phase before the dollar takes another leg down. The next target is near MXN18.00. Mexico's central bank is widely expected to cut its overnight target rate by 25 bp to 7.50%. The greenback posted a key upside reversal against the Brazilian real last Thursday by settling above Wednesday's high after first falling to a new low for the year. Given that Brazil's overnight rate is 15.00%, it is expensive to short. There may be near-term potential toward BRL5.36-BRL5.38. Disclaimer

The Australian dollar is coming off its best week since July, with gains of close to 1%. In Monday's European session, AUD/USD is trading at 0.6589, down 0.07% on the day. Bullock says inflation in good place but China a concern RBA Governor Bullock testified before a parliamentary committee on Monday. Bullock said that inflation was in a "very good position" as higher interest rates had curbed demand. Still, she warned that there inflation risks remained on "both sides". Bullock was less positive about the geopolitical environment, warning that the significant change in the global trading system which had created massive uncertainty. The Reserve Bank was particularly concerned about the impact of US tariffs on China, Australia's largest trading partner. Bullock warned that the financial markets had not priced in the risks of the tariffs, which could affect financial stability if the the domstic economy was significantly affected by the tariffs. The RBA is expected to hold the cash rate at 3.6% at next week's meeting, after lowering rates by a quarter-point in August. The markets have priced in a 10% likelihood of a rate cut at the upcoming meeting, with an 86% likelihood of a cut in November. Investors eye Fedspeak There are no US economic releases today but investors will be keeping a close eye on Fedspeak, with five FOMC members scheduled to deliver public remarks. New Fed Governor MIran, who voted for a 50-bp cut at the September 17 meeting, is expected to give a detailed explanation of his view in today's speech. At last week's meeting, the Fed signaled that more rate cuts were coming and the markets have priced in an October cut at 90%, according to CME's FedWatch. The Fed appears to have shifted to a more dovish stance after maintaining rates since December 2024 until lowering rates last week. AUD/USD Technical AUDUSD 4-Hour Chart, September 21, 2025 AUDUSD tested support at 0.6589 and 0.6580 earlier. Next, there is support at 0.6567There is resistance at 0.6602 and 0.6611 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.

On Friday, the EUR/USD pair continued its decline after bouncing off the 1.1789–1.1802 zone. The decline in the euro may continue toward the 76.4% corrective level at 1.1695, but I believe that the euro's fall is a coincidence. I'll explain why below. A rebound from the 1.1695 level will work in favor of the euro and the restoration of the "bullish" trend. A consolidation above the resistance zone of 1.1789–1.1802 will increase the probability of continued growth toward 1.1896. The wave situation on the hourly chart remains simple and clear. The last completed upward wave broke the peak of the previous one, and the last downward wave did not break the previous low. Thus, the trend is still "bullish" at this time. Recent labor market data and the changed outlook for the Federal Reserve's monetary policy currently support only the bulls, while the bears remain sidelined. For the trend to change to "bearish," the pair would need to fall to the support zone of 1.1637–1.1645. Despite the lack of significant news, bears continued to push the market. In my opinion, the euro's decline was not fundamentally justified. Last week, the FOMC (Federal Open Market Committee) decided to cut the interest rate and hinted at the possibility of doing so again during the year's remaining two meetings. What more dovish scenario could have been expected? The week before that, the ECB clearly stated that no further monetary easing was needed — another point in favor of the euro. U.S. economic data in recent weeks has been weak, which further weighs on the dollar. Therefore, I consider the recent EUR/USD decline a coincidence or merely a technical correction. While there were factors influencing the drop, they were mostly related to the British pound, not issues in France or the Fed's supposedly "not dovish enough" stance. I currently see no reason to abandon the bullish trend. On the 4-hour chart, the pair consolidated above the horizontal channel, allowing traders to expect further growth. A rebound from the 161.8% Fibonacci level at 1.1854 worked in favor of the U.S. dollar and led to a minor pullback toward 1.1680. A consolidation above the 1.1854 level would allow traders to anticipate continued growth toward the 1.2066 level. No emerging divergences are currently visible on any indicator. Commitments of Traders (COT) Report: Over the past reporting week, professional market participants closed 4,788 Long positions and opened 3,130 Short positions. The sentiment of the "Non-commercial" trader group remains bullish, thanks in part to Donald Trump, and continues to strengthen. The total number of Long positions held by speculators now stands at 253,000, versus 135,000 Short positions — nearly a 2:1 ratio in favor of the bulls. Also, note the number of green cells in the table above — a sign of strong accumulation of long positions in the euro. More often than not, interest in the euro is growing while interest in the dollar is falling. For 32 consecutive weeks, major players have been reducing Short positions and increasing Longs. Donald Trump's policies continue to be a significant factor for traders as they may trigger long-term structural problems for the U.S. economy. Despite the signing of several key trade agreements, many important economic indicators in the U.S. are showing a decline. Economic Calendar for the U.S. and Eurozone:September 22 contains no noteworthy economic events. The news background will have no influence on market sentiment on Monday. EUR/USD Forecast and Trader Recommendations: Selling the pair was possible on a rebound from the 1.1896 level on the hourly chart with a target at 1.1802 – target reached. New short opportunities were also available on a close below the 1.1789–1.1802 zone with a target at 1.1695 – these trades can still be held open until a buy signal appears, with Stop Loss set to breakeven. Buying opportunities may develop today if the price closes above the 1.1789–1.1802 zone (target: 1.1896) or on a rebound from the 1.1695 level. Fibonacci levels are plotted from 1.1789–1.1392 on the hourly chart and from 1.1214–1.0179 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com

On the hourly chart, the GBP/USD pair continued its decline on Friday after consolidating below the 1.3587–1.3620 zone and ended the day with a close below the 76.4% Fibonacci level at 1.3482. This suggests that the pound's decline may continue toward the next support zone of 1.3416–1.3425. A consolidation above the 1.3482 level would work in favor of the British pound and could lead to some growth toward the 100.0% corrective level at 1.3587. The wave pattern has shifted to a "bearish" one. This happened suddenly and unexpectedly. The last upward wave broke the previous high, but the following downward wave easily broke the last low. The information backdrop was mostly neutral for the pound last week, but Thursday and Friday ruined everything. However, that news has already been priced in — so what will allow the bears to continue their pressure? The Bank of England hinted last week at another possible monetary policy easing before the end of the year, which was the trigger for the pound's decline. This was followed by news of discrepancies in income and spending in the UK's next fiscal year budget, as well as a significant rise in national debt. Earlier, there had already been news of a sharp jump in government bond yields. These are indeed serious reasons to sell the pound, but they can hardly compete with the level of negativity coming from the U.S. Even though the wave pattern suggests a bearish trend, I believe that the bulls could launch a new offensive at any moment. Therefore, I will pay close attention to buy signals. Current pound prices are quite attractive for the bulls, and the broader fundamental backdrop still does not provide strong support for the bears in the medium term. Today, speeches from Huw Pill and Andrew Bailey in the UK will be important events to monitor. On the 4-hour chart, the pair reversed in favor of the U.S. dollar following a "bearish" divergence on the CCI indicator and after the Bank of England and the Fed meetings. The downward movement continues toward the support zone of 1.3378–1.3435. A rebound from this zone will work in favor of the pound and some upward movement. A consolidation below the zone would favor a continuation of the decline toward the 76.4% corrective level at 1.3118. Commitments of Traders (COT) Report: The sentiment of the "Non-commercial" trader category became sharply more bullish in the last reporting week. The number of long positions held by speculators increased by 5,947 contracts, while short positions decreased by 21,078. The current spread between longs and shorts is about: 80,000 vs. 87,000. Bullish traders are once again shifting the balance in their favor. In my view, the pound still has downward potential. The fundamental backdrop during the first half of the year was terrible for the U.S. dollar, but it is slowly improving. Trade tensions are easing, major deals are being signed, and the U.S. economy is expected to recover in Q2 thanks to tariffs and various domestic investments. At the same time, expectations of Fed easing in the second half of the year are starting to put real pressure on the dollar, with labor market performance worsening and unemployment rising. Therefore, I do not yet see grounds for a strong bearish trend. Economic Calendar for the U.S. and UK:United Kingdom – Speech by Bank of England Governor Andrew Bailey (18:00 UTC).The economic events calendar for September 22 contains only one relevant item. The influence of the news background on market sentiment will appear primarily in the evening. GBP/USD Forecast and Trader Tips:Selling the pair was possible on a rebound from the 1.3708 level on the hourly chart with targets at the 1.3611–1.3620 zone and the 1.3482 level — all targets were reached. Buying opportunities may be considered on a rebound from the 1.3416–1.3425 zone, or upon a close above the 1.3482 level on the hourly chart with a target at 1.3587. Fibonacci grids are drawn from 1.3586–1.3139 on the hourly chart and from 1.3431–1.2104 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com

The cryptocurrency market faced a brutal shake-up as Bitcoin slipped below the $115,000 mark and Ethereum dropped under $4,500, erasing weeks of bullish momentum. What started as a period of cautious optimism quickly turned into a wave of panic selling, leaving bulls struggling to regain control. The sharp correction has pushed the market into a new, uncertain phase where confidence is being tested, and short-term volatility is dominating sentiment. Top analyst Maartunn highlighted one of the key drivers behind the downturn: an overleveraged derivatives market. In the last 24 hours alone, the crypto market witnessed $597 million in BTC and ETH long liquidations, marking one of the heaviest waves of forced selling in recent months. This liquidation wipeout serves as a harsh reminder to tradersof the risks of excessive leverage in a market that can turn abruptly. The selloff also underscores the fragile balance between bullish enthusiasm and macroeconomic uncertainty. With central banks recalibrating policy and liquidity conditions tightening, crypto faces a complex environment. As prices test lower support levels, the coming days will reveal whether this correction is a temporary shakeout or the beginning of a deeper phase of market revaluation. Liquidations Trigger Speculation on Crypto’s Next Phase According to Maartunn, the past 24 hours delivered one of the harshest blows to overleveraged traders this year. Data shows that $189 million in Bitcoin longs were liquidated, alongside an even larger $408 million in Ethereum longs, bringing the total wiped out positions close to $600 million. This wave of liquidations happened within hours, highlighting just how fragile sentiment can be when leverage builds up across major assets. The sudden sell-off sent shockwaves through the market, forcing bulls to retreat as Bitcoin slipped under the $115K level and Ethereum dropped below $4,500. Traders who had built aggressive long positions in anticipation of continued upside quickly found themselves on the losing side, as cascading liquidations amplified the decline. Such events are not uncommon in crypto, but the size and speed of this move have left investors reassessing the short-term landscape. Now, speculation is heating up about what comes next. Some analysts argue this was nothing more than a leverage reset, a necessary purge to clear excessive speculation and allow the market to build a healthier foundation for the next leg upward. Others are less optimistic, viewing the event as a potential trigger for a corrective stage, where broader selling pressure could drag prices lower before any recovery. What’s clear is that the market has entered a new phase of uncertainty. Investors are watching closely for whether fresh demand steps in to stabilize prices, or if further selling pressure forces a deeper pullback. Until clarity emerges, volatility is likely to dominate. Total Crypto Market Cap Analysis The total cryptocurrency market cap has experienced a sharp pullback, currently sitting around $3.83 trillion after a 3.3% daily decline. The chart highlights the rejection near the $4 trillion mark, a key psychological resistance level that has repeatedly capped upward moves in recent weeks. Despite this setback, the market remains well above its medium-term supports, suggesting the broader uptrend is still intact. Looking at the moving averages, the 50-day SMA (~$3.87T) is being tested, and a decisive close below could open the door to further downside toward the 100-day SMA (~$3.68T). However, as long as the market holds above this zone, the bullish structure remains valid. The 200-day SMA (~$3.31T) continues to provide a strong foundation for the longer-term trend, showing that the bull market context remains strong. This recent drop reflects the heavy liquidations across BTC and ETH longs, which have rippled through altcoins, increasing volatility across the board. If the market stabilizes above $3.8T, it could set the stage for another attempt at breaking $4T. Conversely, a deeper breakdown below $3.7T may shift momentum, signaling a potential corrective phase in the short term. Featured image from Dall-E, chart from TradingView

The upcoming week will be packed with various events—including the release of important economic data, primarily from the U.S., speeches by influential central bank officials, and the Swiss National Bank's final monetary policy decision. This week promises to be eventful, featuring key economic reports—especially from the United States—alongside remarks from major central bank figures and the Swiss National Bank's monetary policy decision. Let's assess how these events may influence the markets. Let's begin with an assessment of key U.S. statistics, which, unsurprisingly, play a leading role in global markets, given the current geopolitical landscape and financial market dynamics where the U.S. remains the central figure of focus and influence. The main highlight this week will be the release of the Personal Consumption Expenditures (PCE) Price Index report, which many market participants believe could confirm whether the Federal Reserve was right to cut its key interest rate by 0.25% at the last meeting. As a reminder, the Federal Reserve and its Chair, Jerome Powell, faced unprecedented pressure from President Donald Trump and Treasury Secretary Spencer Bessent, who urged renewed interest rate cuts to stimulate national economic growth—despite annual consumer inflation having accelerated to 2.9% from 2.7%. At the same time, a bleak labor market situation became the main justification for the rate cut, regardless of rising inflation. How should this indicator's influence on the markets be interpreted? If the PCE data comes in line with expectations or slightly lower—recall that the July figure was 2.6%—investors will view it as a strong confirmation that the Fed may continue lowering interest rates. In that case, two more cuts before the end of the year seem plausible. However, if the overall figure shows an upward trend—rising to 3% or higher—this could push the Fed back into a wait-and-see mode, delaying action until further "nudges" from Trump or new inflation data emerge. How will the stock markets react, particularly in the U.S.? Slowing inflation and prospects for further rate cuts will support demand for equities—especially in the U.S. The three major stock indices could resume their upward movement. I explained the underlying reasons for this in more detail in a previous article. Under this scenario, the dollar may come under pressure again; however, a significant decline is unlikely as the currencies traded against it are under pressure themselves due to negative economic developments in their respective countries—something I've covered earlier. In addition to inflation data, revised U.S. GDP figures will be released, with growth expected to remain at 3%. Key data on manufacturing and new home sales will also be published. Fed Chair Jerome Powell and ECB President Christine Lagarde are scheduled to speak as well. And as the cherry on top, the Swiss National Bank will announce its interest rate decision, with expectations pointing to rates remaining unchanged at 0.0%. Overall, assessing the market picture, we can speak of moderately positive sentiment among market participants. Daily Forecast: Gold Weakness in the U.S. dollar and ongoing global geopolitical tensions, including the risk of escalating existing conflicts, continue to support gold prices. After breaking through and potentially consolidating above the 3702.00 level, gold could resume its growth toward 3748.50. The 3711.36 mark may serve as a buying opportunity for gold. USD/CHF The pair is trading below the 0.7975 level. The Swiss National Bank's rate decision may put local pressure on the franc, and a rise in the pair above this level could trigger further growth toward 0.8025. The 0.7980 mark may serve as a buy level for the USD/CHF pair. The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis This week, from the 1.3466 level (close to the last weekly candle), the price may continue to decline toward the target of 1.3270 – a historical support level (light blue dashed line). Upon testing this level, the price may rebound upward toward 1.3389 – the 23.6% retracement level (red dashed line). Fig. 1 (weekly chart) Comprehensive Analysis: Indicator analysis – downward;Fibonacci levels – downward;Volume – downward;Candlestick analysis – downward;Trend analysis – downward;Bollinger Bands – downward;Monthly chart – downward.Overall forecast for the GBP/USD weekly candle: the price will most likely follow a downward trend throughout the week, with no upper shadow on the weekly black (bearish) candle (Monday – downside movement), and a lower shadow present (Friday – upward rebound). Alternative Scenario: From the 1.3466 level (close of the last weekly candle), the price may start by continuing its downward movement toward 1.3389 – the 23.6% retracement level (red dashed line). Upon reaching this level, a price increase toward 1.3470 – the 13-period EMA (yellow thin line) is possible. The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis (Fig. 1) This week, from the 1.1745 level (the close of the last weekly candle), the market may begin moving down with a target of 1.1536 – the 38.2% retracement level (blue dashed line). Upon testing this level, the price may bounce upward toward the target of 1.1572 – the upper fractal (red dashed line). Fig. 1 (weekly chart) Comprehensive Analysis: Indicator analysis – downward;Fibonacci levels – downward;Volume – downward;Candlestick analysis – downward;Trend analysis – downward;Bollinger Bands – downward;Monthly chart – downward.Conclusion from comprehensive analysis: downward movement. Overall candle projection for the EUR/USD pair on the weekly chart: the price is most likely to show a downward trend during the week, featuring an initial upper shadow on the weekly black (bearish) candle (Monday – upward move), and a secondary lower shadow (Friday – upward move). Alternative Scenario: The pair may start moving downward from the 1.1745 level (close of the last weekly candle) with a target of 1.1572 – the upper fractal (red dashed line). Upon testing this level, the price may begin moving upward toward the 23.6% retracement level at 1.1647 (blue dashed line). The material has been provided by InstaForex Company - www.instaforex.com

Last Friday, US equity indices closed higher, with the S&P 500 up 0.49% and the Nasdaq 100 gaining 0.72%. The Dow Jones Industrial Average rose 0.47%. Asian indices moved higher, following the rally on Wall Street, while Japanese stocks advanced after concerns eased about the Bank of Japan's plans to divest its large ETF holdings. The regional MSCI equity index rose 0.2%, and the Nikkei 225 jumped 1.6%. The yen weakened against the dollar, typically benefiting exporters. The dollar advanced 0.1%, marking a fourth consecutive day of gains. US Treasuries eased slightly, with the 10-year yield up one basis point to 4.14%. Oil climbed 0.6% after last week's small decline, while silver reached its highest level since 2011. S&P 500 index futures slipped 0.1%, while European equity futures were little changed. With earnings season approaching, expectations for American corporate profit growth are improving, suggesting the rally may continue. Sentiment was also boosted after President Donald Trump announced progress on China-related issues and said he will meet with Xi Jinping following a call between the two leaders. Market optimism is supported not only by macroeconomic signals but also by microeconomic factors such as corporate financial stability and innovative potential. Investors are closely monitoring earnings data to gauge whether companies can sustain cash flow and adapt to changing market conditions. Geopolitical developments also play a key role. Trump's comments on progress in trade negotiations with China are fostering hopes of easing tensions and greater global economic stability. Nevertheless, concerns remain over the possibility of unexpected policy shifts, which could add volatility to the markets. Trump said he will meet Xi Jinping at the upcoming Asia-Pacific Economic Cooperation summit. The US president welcomed progress on the agreement to keep TikTok operational in the United States. While Chinese officials struck a cautious note in the phone call, Xi Jinping expressed confidence that Washington and Beijing can resolve their differences. This week, traders will analyze a range of data, including economic activity in Europe and the inflation gauge preferred by the Fed. Fed Chair Jerome Powell is also scheduled to speak Tuesday on the economic outlook, after pushing back last week against expectations for rapid rate cuts. From a technical perspective, the key objective for S&P 500 buyers today will be to break through the closest resistance at $6,660. Clearing this level would pave the way for a move to $6,672. Maintaining control above $6,682 is just as important, as it would further strengthen the bulls' position. On any downside move due to waning risk appetite, buyers will need to defend $6,648. A break below this support would quickly send the index back to $6,638 and open the way to $6,630. The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis (Fig. 1) On Monday, from the 1.3462 level (Friday's daily candle close), the market may begin moving upward toward the target of 1.3528 – the 50% retracement level (red dashed line). Upon testing this level, the price may then start moving down toward the 85.4% retracement level at 1.3516 (red dashed line). Fig. 1 (daily chart) Comprehensive Analysis: Indicator analysis – upward;Fibonacci levels – upward;Volumes – upward;Candlestick analysis – upward;Trend analysis – upward;Bollinger Bands – upward;Weekly chart – upward.Overall conclusion: Upward trend. Alternative scenario: From the 1.3462 level (Friday's daily candle close), the price may begin moving upward toward the target of 1.3548 – the upper fractal (blue dashed line). Upon testing this level, the price may then begin a downward movement toward the 50% retracement level at 1.3528 (red dashed line). The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis (Fig. 1) On Monday, from the 1.1745 level (Friday's daily candle close), the market may begin moving upward, targeting 1.1794 – the 23.6% retracement level (blue dashed line). Upon reaching this level, a possible downward movement may follow, targeting 1.1779 – the upper fractal (red dashed line). Fig. 1 (daily chart). Comprehensive Analysis: Indicator analysis – upward;Fibonacci levels – upward;Volume – upward;Candlestick analysis – upward;Trend analysis – upward;Bollinger Bands – upward;Weekly chart – upward.Overall conclusion: upward trend. Alternative scenario:From the 1.1745 level (Friday's daily candle close), the price may continue to move downward, targeting 1.1717 – the 38.2% retracement level (blue dashed line). Upon reaching this level, a possible corrective upward move may occur, targeting 1.1762 – the 85.4% retracement level (red dashed line). The material has been provided by InstaForex Company - www.instaforex.com

The European Central Bank (ECB) officials have taken a wait-and-see approach and are eagerly anticipating the next release of their economic forecasts. It is quite possible that these new forecasts will help determine whether interest rates are sufficiently low to ensure a stable 2% inflation rate. Policymakers speaking on the sidelines of the European financial leaders' meeting in Copenhagen last week were confident that a deposit rate of 2% is currently appropriate to achieve this goal. However, opinions were divided over the severity of risks affecting the outlook for further inflation growth. President Christine Lagarde stated that the ECB has achieved its goal of curbing price growth, but uncertainty about the outlook remains — despite a trade agreement with the U.S. Earlier in September, officials left rates unchanged and said that the current policy stance is adequate. This prompted economists and traders to scale back expectations of further rate cuts this year. The projections behind that decision assumed a 1.9% inflation rate in 2027, slightly below the ECB's target. The next set of forecasts will be published in December and will, for the first time, include projections for growth and inflation in 2028. Martins Kazaks from Latvia stated that it would be naive to believe that the ECB can continuously maintain a 2% inflation rate, and that it is unreasonable to adjust rates every time something goes wrong. "We don't need to rush, and as a central bank, we should not hurry at every meeting. We will change rates if needed, but for now, we have reached the 2% target," he said. Yannis Stournaras, Governing Council member from Greece, also believes that despite the uncertainty, the EU's position is generally well-balanced — not perfect, but good. "The ECB is still data-dependent, but the bar for further easing is high. If we identify a change in circumstances during our monetary policy meetings, we will make adjustments," he noted. Madis Muller, Governing Council member from Estonia, also said in his speech: "At the moment, given that interest rates are moderately supporting growth and inflation is at the desired level, I don't think we need to do anything further. Going forward, growth will be driven by domestic demand." Overall, considering that all European policymakers are taking a nearly identical stance, there is no reason to expect any intervention in current monetary policy. As for the current technical outlook for EUR/USD, buyers now need to focus on reclaiming the 1.1750 level. Only then will a test of 1.1785 become possible. From there, the pair may reach 1.1820, though doing so without support from major players would be quite difficult. The ultimate target would be the 1.1850 high. In the event of a decline in the instrument, I expect any serious buying activity only around the 1.1700 level. If there are no buyers at that point, it would be wise to wait for a retest of the 1.1664 low or consider opening long positions from 1.1635. As for the current technical outlook for GBP/USD, pound buyers need to break above the nearest resistance at 1.3505. Only then can they target the 1.3555 level, above which a breakout will be quite difficult. The final target would be the 1.3605 level. Should the pair fall, bears will attempt to take control of the 1.3455 level. If they manage to do so, a breakout of that range could deal a serious blow to the bulls and push GBPUSD down to the 1.3415 low, with a further prospect of reaching 1.3380. The material has been provided by InstaForex Company - www.instaforex.com

Crypto markets are under heavy pressure today, raising the big question: why is crypto crashing today? Bitcoin BTC ▼-2.36% dropped below $112K, now trading at $112,660, dragging the total market cap to $3.9 trillion. According to Coinglass, over 402,000 traders were liquidated in the last 24 hours, wiping out $1.7 billion in positions. Longs bore the brunt, accounting for $1.62 billion in losses, while shorts only lost about $85.8 million. Ethereum ETH ▼-5.82% saw $483 million liquidated, while Bitcoin traders lost $276 million. The selloff comes as traders brace for over $517 million worth of token unlocks in the next seven days, sparking fears of further selling pressure. (Source: Coinglass) Despite the red across the board, investors are already asking what could be the best crypto to buy during this dip. Historically, such pullbacks have opened long-term accumulation opportunities, though near-term volatility may persist. Is this the final bottom? EXPLORE: Best New Cryptocurrencies to Invest in 2025 What’s Next for Bitcoin and the Market? While liquidations and token unlocks explain the immediate crash, macro uncertainty also weighs on sentiment. Still, one silver lining is the $163 million of inflows into U.S. Bitcoin spot ETFs, showing institutional demand hasn’t dried up. Bitcoin now faces a critical test at the $112K support zone. If bulls fail to hold this level, BTC could revisit $108K or even $100K. On the upside, reclaiming $117K would open the door for another attempt toward $123K. Ethereum also remains in focus after its drop, with traders watching whether it can stabilize above $4,000. ethereumPriceMarket CapETH$505.21B24h7d1y For investors with a longer horizon, dips like these often highlight the best crypto to buy, especially top assets like BTC, ETH, and SOL. However, traders should stay mindful of near-term volatility as the market digests both liquidations and unlock-driven supply shocks. There are no live updates available yet. Please check back soon! The post Why Is Crypto Crashing Today? Bitcoin Fell Below $112K And $1.7 Billion in Liquidations – Best Crypto To Buy During This Dip? 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

Trade Review and Tips on Trading the Japanese Yen The price test at 147.92 occurred as the MACD indicator had just started moving down from the zero mark, confirming the correct entry point for selling the pound. However, a significant drop in the pair did not materialize. The absence of key fundamental data from the U.S. had a positive effect on the outlook for the U.S. dollar, which strengthened quite well against the Japanese yen at the end of last week. However, one should not forget that the situation in the currency markets can change very quickly. In the coming weeks, close attention should be paid to the publication of new economic data — especially on inflation and employment in Japan and the United States. Any significant deviations from expectations could cause sharp fluctuations in the dollar's exchange rate. In addition, geopolitical conditions around the world will remain an important factor, as they can also influence investor sentiment. Overall, despite recent strengthening, the outlook for the U.S. dollar remains uncertain — especially in light of the Federal Reserve's recent interest rate cut. Investors are advised to stay cautious and diversify their portfolios to reduce risk. As for the intraday strategy, I will mainly rely on the implementation of Scenarios #1 and #2. Buy Scenarios Scenario #1: I plan to buy USD/JPY today upon reaching the entry point around 148.36 (green line on the chart), targeting a rise to the level of 148.76 (thicker green line on the chart). Around 148.76, I intend to exit long positions and open short positions in the opposite direction, expecting a movement of 30–35 points in the reverse direction from that level. It's best to return to buying the pair on pullbacks or a serious drop in USD/JPY. Important! Before buying, make sure that the MACD indicator is above the zero line and just starting to rise from it. Scenario #2: I also plan to buy USD/JPY today in the event of two consecutive tests of the 148.12 price level while the MACD indicator is in the oversold area. This will limit the downward potential of the pair and lead to an upward market reversal. Growth to the opposite target levels of 148.36 and 148.76 can be expected. Sell Scenarios Scenario #1: I plan to sell USD/JPY today only after a break below the 148.12 level (red line on the chart), which will lead to a quick drop in the pair. The key target for sellers will be the 147.68 level, where I plan to exit short positions and immediately open long positions in the reverse direction, expecting a movement of 20–25 points in the reverse direction from that level. It's better to sell as high as possible. Important! Before selling, make sure the MACD indicator is below the zero line and just starting to fall from it. Scenario #2: I also plan to sell USD/JPY today in the event of two consecutive tests of the 148.36 price level while the MACD indicator is in the overbought zone. This will limit the pair's upward potential and lead to a downward market reversal. A decline toward the opposite levels of 148.12 and 147.68 can be expected. What's on the Chart: Thin green line – the entry price at which the trading instrument can be bought.Thick green line – estimated price level where Take Profit orders can be placed, or profits manually locked in, since further growth above this level is unlikely.Thin red line – the entry price at which the trading instrument can be sold.Thick red line – estimated price level where Take Profit orders can be placed, or profits manually locked in, since further decline below this level is unlikely.MACD Indicator – when entering the market, it is important to rely on overbought and oversold zones.Important: Beginner traders in the forex market must make entry decisions very carefully. It's best to stay out of the market before the release of major fundamental reports to avoid sharp price swings. If you decide to trade during news releases, always set stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit — especially if you trade large volumes without using proper money management. Remember: for successful trading, you must have a clear trading plan, like the one I've presented above. Spontaneous trading decisions based on the current market situation are an inherently losing strategy for any intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

This is a follow-up analysis and a timely update of our prior publication, “Gold (XAU/USD) Technical: Eyeing a new all-time high above US$3,675, supported by positive flows and positioning”, published on 15 September 2025. The price actions of Gold (XAU/USD have shaped the expected bullish move and printed a fresh all-time intraday high of US$3,707 on Wednesday, 17 September, during the onset of the release of the FOMC’s monetary policy outcome and latest summary of economic dot plot projections. Thereafter, the precious yellow metal staged a minor corrective decline of 2.2% to hit an intraday low of US$3,628 on Thursday, 18 September 2025, in line with a rebound in the US dollar ex-post FOMC. The minor corrective decline of the Gold (XAU/USD) managed to stage right above the US$3,600 key short-term pivotal support as highlighted in our prior report. It staged a bullish reversal and continued to rally. In today’s Asia session, 22 September 2025, Gold recorded an intraday gain of 0.9% to print another intraday fresh record high of US$3,720 (just shy of the predefined resistance of US$3,725 highlighted in our previous report). Let’s now examine its latest short-term trajectory (1 to 3 days), key elements, and price levels for Gold (XAU/USD) from a technical analysis perspective. Fig. 1: Gold (XAU/USD) minor trend as of 22 September 2025 (Source: TradingView) Fig. 2: 10-year US Treasury real yield with Gold (XAU/USD) major trend as of 22 September 2025 (Source: TradingView) Preferred trend bias (1-3 days) Maintain bullish bias with a tightened key short-term pivotal support at US$3,660 for Gold (XAU/USD) for a potential bullish acceleration for the next intermediate resistances to come in at US$3,750 and US$3,776 (Fibonacci extension cluster) (see Fig. 1). Key elements The 10-year US Treasury real yield (excluding 10-year breakeven inflation rate) medium-term downtrend remains intact despite a bounce seen from a key near-term support at 1.66% on last Wednesday, 17 September 2025, as it remained below its 20-day moving and 50-day moving averages that are acting as key intermediate resistances at 1.75% and 1.87% respectively (see Fig. 2).Based on intermarket analysis, a cap on any further rebound in the 10-year US Treasury real yield reduces the opportunity costs of holding Gold (XAU/USD) as it is a non-income-bearing asset, in turn, creating a further positive feedback loop back into the price actions of Gold (XAU/USD) (see Fig. 2).The recent 2.2% minor corrective pull-back in Gold (XAU/USD) has managed to stall right at the lower boundary of a minor ascending channel from the 22 August 2025 low, now acting as a key short-term support at around US$3,660 (see Fig. 1).The hourly RSI momentum indicator of Gold (XAU/USD) has reached its overbought zone (above the 70 level) but has not flashed out any bearish divergence condition. These observations suggest short-term bullish momentum remains intact (see Fig. 1).Alternative trend bias (1 to 3 days) A break below the US$3,660 key short-term support on Gold (XAU/USD) invalidates the bullish acceleration scenario to expose the next intermediate support at US$3,620. Failure to hold above US$3,620 opens the scope for a deeper minor corrective decline sequence towards US$3,560 (also the 20-day moving average). 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.

Analysis of Trades and Trading Tips for the British Pound The price test at 1.3463 occurred at a time when the MACD indicator had moved significantly below the zero mark, which limited the downward potential of the pair. Pound buyers failed to offer anything significant at the end of last week in the GBP/USD pair. The negative dynamics of the pound were reinforced by several factors, among them — investor caution ahead of key economic publications from the UK and ongoing uncertainty about the prospects for continued growth in the British economy. Today, there are no UK economic releases; however, speeches are expected from Bank of England Monetary Policy Committee member Huw Pill and Bank of England Governor Andrew Bailey. Statements from policymakers are unlikely to lend much support to the pound, which remains in a rather fragile position due to ongoing concerns about the UK's economic outlook. Markets will likely watch the tone of these speeches closely for any signs of potential future interest rate cuts. Investors are also eager to hear how the Bank of England assesses the current inflation situation and risks of recession. Any hints at a more dovish stance could put pressure on the pound. As for my intraday strategy, I will mainly rely on Scenarios #1 and #2. Buy Scenarios Scenario #1: I plan to buy the pound today upon reaching the entry point around 1.3490 (green line on the chart) with a target growth to the level of 1.3543 (thicker green line on the chart). Around 1.3543, I intend to exit long positions and open short positions in the opposite direction (expecting a move of 30–35 points in the opposite direction from that level). A strong upward move in the pound can only be expected if BoE officials take a hawkish stance. Important! Before buying, make sure that the MACD indicator is above the zero line and just starting to rise from it. Scenario #2: I also plan to buy the pound today in the event of two consecutive tests of the 1.3457 price level at a time when the MACD indicator is in the oversold zone. This will limit the downward potential of the pair and lead to a market reversal upward. Growth to target levels of 1.3490 and 1.3543 can be expected. Sell Scenarios Scenario #1: I plan to sell the pound today after a break below the 1.3457 level (red line on the chart), which will lead to a rapid decline in the pair. Sellers' key target will be the 1.3405 level, where I plan to exit short positions and open long positions in the opposite direction (expecting a move of 20–25 points in the opposite direction from that level). Pound sellers will show their presence if UK economic data turns out weak. Important! Before selling, make sure that the MACD indicator is below the zero line and just starting to decline from it. Scenario #2: I also plan to sell the pound today in the event of two consecutive tests of the 1.3490 price level while the MACD indicator is in the overbought zone. This will limit the pair's upward potential and lead to a market reversal downward. A decline to target levels of 1.3457 and 1.3405 can be expected. What's on the chart: Thin green line — entry price at which the trading instrument can be bought.Thick green line — anticipated price level where Take Profit orders can be placed or profits can be manually locked in, as further growth above this level is unlikely.Thin red line — entry price at which the trading instrument can be sold.Thick red line — anticipated price level where Take Profit orders can be placed or profits can be manually locked in, as further decline below this level is unlikely.MACD Indicator — when entering the market, it's important to consider overbought and oversold zones.Important: Beginner forex traders should be very cautious when making decisions to enter the market. It is best to stay out of the market before the release of important fundamental reports to avoid getting caught in sharp price movements. If you choose to trade during news events, always use stop-loss orders to minimize losses. Without stop-loss orders, you risk losing your entire deposit very quickly, especially if you do not use money management and trade in large volumes. And remember: for successful trading, it is essential to have a well-defined trading plan — such as the one I've presented above. Making spontaneous trading decisions based on current market situations is an inherently losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

The AxCNH, a Chinese Yuan-pegged stablecoin issued by AnchorX, was officially launched on September 17, 2025 in Hong Kong. BDACS also launched KRW1, a South Korean Won-pegged stablecoin, the following day. Why do these moves matter? Because the crypto race is heating up. While America’s new federal stablecoin framework (the GENIUS Act in 2025) sets strict issuance and transparency rules, countries like Hong Kong and South Korea are also accelerating regulatory frameworks to oversee stablecoin activity. Retail users also stand to gain. Putting fiat on-chain enables near-instantaneous 24/7 cross-border settlement and brings smart contracts into the mix. This not only reduces correspondent-bank friction, but allows for programmable FX flows (like atomic swaps and other DeFi uses). And with stablecoins redefining how money moves, lightweight crypto apps like Best Wallet provide an accessible gateway to onboard more people into the crypto world. Powering the Best Wallet ecosystem, Best Wallet Token ($BEST) has already secured over $16M in its presale as a statement to this market shift. Currently in phase 2 of its roadmap, this crypto project bridges the gap between crypto and CeFi with effortless onramping, multi-chain support, low-cost swaps, and more features like derivatives trading and a debit card in the pipeline. Stablecoin Market Heats Up: What AxCNH and KRW1 Mean for Global Crypto Growth Unlike traditional financial systems, the blockchain never sleeps. With no business hours or potential correspondent delays to tie it down, both individuals and businesses trading on-chain benefit from a reliable, around-the-clock solution. This also makes currency faster and more easily accessible, even for cross-border payments or transfers, giving people real reasons to use blockchain over legacy systems. More importantly, being fiat-backed and overcollateralized, these stablecoins align with global regulatory expectations, raising institutions and retail users’ trust and confidence to embrace crypto. Unlike traditional financial systems, stablecoins also rely on oracle networks like Chainlink, which enable real-time, tamper-resistant data and automated, trustless smart contracts for lending and DeFi trading. For newcomers still uncertain about entering the crypto landscape, stablecoins offer a familiar entry point, as they resemble fiat currencies and create a safe environment for traders to operate without concerns about volatility. With that base, it becomes easier to explore other digital assets and DeFi applications. This is where Best Wallet and Best Wallet Token ($BEST) also come in as beginner-friendly crypto tools with building momentum behind them. Best Wallet Makes Crypto Easy While Its Native $BEST Token Raises $16M+ in Presale Best Wallet is one of the leading hot wallets built to outperform legacy wallets like MetaMask. It provides traders with a streamlined multi-chain hub that directly supports top networks like Bitcoin, Ethereum, Solana, BSC, and Base (with 60+ more chains coming in the near future). Some of the other perks of Best wallet include: Non-custodial key management backed by Multi-Party Computation. You don’t have to worry about protecting your secret key, since it’s virtually unbreakable. Effortless cross-chain moves, available in one dashboard – think Ethereum staking through Lido and Rocket Pool integrations or low-cost cross-swaps across dozens of DEXes. A built-in filter to hide suspicious tokens, which adds an extra security layer when exploring decentralized projects. Besides, the app’s WalletConnect compatibility allows you to connect to other external crypto platforms like derivatives exchanges and other dApps. With this, you can leverage more advanced strategies and enable seamless yield farming across more ecosystems. Best Wallet Token ($BEST) is the backbone of this ecosystem, engineered to reward loyal and early adopters. By holding $BEST, you can benefit from reduced in-app transaction fees, early access to vetted new presales, and higher staking rewards in the app’s upcoming staking aggregator. Best Wallet’s upcoming tokens feature is particularly attractive to degens hunting for new meme coin presales and other early-stage opportunities. With all projects vetted and smart contract audits available, it’s easier than ever to find trusted projects and avoid honeypots or other scams. $BEST also integrates trading incentives with governance, creating upside beyond speculation. By giving holders a direct role and voting rights on the app’s future direction, $BEST ensures its base stays loyal and active as the project’s roadmap progresses. With rapid presale traction and ambitions to capture 40% wallet market share by 2026, $BEST offers plenty of room for growth. Its fundraiser is still ongoing as the dev team is working behind the scenes to introduce more advanced features (like NFT support, a crypto debit card, and a staking aggregator coming in phase 3). The $BEST token has already raised over $16M and continues to gain traction. The ICO has even attracted several whale buys of $70.2K, $50.9K, and $49.5K, further boosting confidence in the token. $BEST is now trading at $0.025675, which means a $500 entry today might be worth around $685 by the end of 2025 if our expert $BEST token price prediction holds. Zooming out, the potential upside looks even better under bullish conditions. By 2026, $BEST could hit $0.0510, pushing your $500 stack to about $995 (a 2x move), and $0.07 by 2030, growing your investment to ~$1,360 (7x higher). On top of this, $BEST offers dynamic staking rewards (currently at roughly 83% APY). If the reward rate stays high in the upcoming months, you could be racking up around $915 on your $500 investment, without factoring in token price moves. With momentum building, the next price increase drops in under 12 hours. Visit the $BEST token presale to get ahead of the curve. This is not financial advice. Please always do your own research before investing in cryptocurrencies. Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/china-launches-first-stablecoin-adoption-spikes-best-wallet-gains/

Asia Market Wrap - Asian Stocks Start Week on the Front Foot Most Read: Markets Weekly Outlook - PMI and PCE in the Spotlight as US Dollar Remains Sensitive to US Labor Data Asian stock markets rose, following a strong performance on Wall Street. Japanese stocks, in particular, saw a significant boost as worries eased about the Bank of Japan's recent plan to sell its large holdings of exchange-traded funds. As a result, the region's overall stock index, the MSCI, went up by 0.2%, and Japan's Nikkei-225 index jumped by as much as 1.6%. Meanwhile, in India, stocks for IT companies declined as traders began to evaluate the potential negative effects of a sharp increase in H-1B visa application fees. This new fee, which is a one-time charge of $100,000 on new petitions, has raised concerns within the industry. In other political news, the race to choose the next leader of Japan's governing party began. This contest is being closely watched by the financial markets because the winner is expected to become the country's next prime minister, following the decision by the current leader, PM Ishiba, to step down. Ishiba's resignation comes after his party suffered major losses in recent elections. China Keeps Lending Rate on Hold In line with what markets expected, the People's Bank of China (PBOC) decided to keep its main lending rates at their current, record-low levels for the fourth month in a row. This decision follows its move last week to also keep the seven-day reverse repo rate unchanged. The one-year Loan Prime Rate (LPR), which is the benchmark for most business and personal loans, remained at 3.0%. Similarly, the five-year LPR, used for setting mortgage rates, stayed at 3.5%. Both of these rates were last lowered in May by 0.10%. This decision by the central bank came at a time when trade tensions between China and the US appeared to be easing. However, it also came against a backdrop of slowing economic growth within China and new policy moves from the US Federal Reserve. Recent data showed that industrial production in August grew at its weakest pace since August 2024, and retail sales growth hit a nine-month low. While new loans issued in the local currency rebounded after an unexpected drop in July, the overall expansion of credit still did not meet expectations. European Open - Shares Steady At Start of the Week European stocks remained stable on Monday, with gains in technology companies being offset by losses in the automotive sector. This was a day of waiting for investors, who were looking ahead to comments from several Federal Reserve officials. The pan-European STOXX 600 index was largely unchanged, though Spanish stocks performed particularly poorly, dropping by 0.9%. In company news, German luxury carmaker Porsche saw its shares fall by 4.7% after it lowered its profit forecast for 2025. This decision was made because the company is slowing down its plans for rolling out electric vehicles due to weaker demand. Its parent company, Volkswagen, also cut its 2025 profit outlook and saw its stock slide by 4.5%. On the positive side, technology stocks rose by 0.9%, with chip manufacturers ASML and ASMI gaining 2.9% and 1.9%, respectively. In other company news, shares of the Dutch geo-data company Fugro plunged by 11.9% after the company withdrew its annual financial forecast, citing "significant changes" in market conditions in recent weeks. On the FX front, The Japanese yen's recent gains against the US dollar were largely erased, with the yen falling by 0.2%. This retreat comes after a "hawkish" shift in the Bank of Japan's tone last week, which suggested that an interest rate hike might be coming soon. Meanwhile, the British pound dropped to its lowest value in two weeks, reaching $1.3453. It was under pressure from a combination of domestic problems, including a recent sharp increase in UK government borrowing and a Bank of England decision that highlighted the difficulty for policymakers in balancing economic growth with controlling inflation. The euro also weakened slightly, falling by 0.15% to $1.1731. In other currency news, the Australian dollar saw a small increase of 0.07% to $0.6595, getting some support from positive economic comments made by a senior central banker. The New Zealand dollar also edged up by 0.03% to $0.5858. Finally, the Chinese yuan firmed slightly to 7.1136 per dollar. This was helped by a reduction in trade tensions between the US and China, as well as China's decision to keep its key lending rates unchanged. Currency Power Balance Source: OANDA Labs Oil prices increased on Monday, driven by ongoing political tensions in Europe and the Middle East. However, these gains were partially limited by two main factors: the expectation of more oil becoming available on the market and concerns that trade tariffs would negatively affect global fuel demand. Specifically, the price of Brent crude oil futures rose by 45 cents (0.67%) to $67.13 a barrel. Meanwhile, the US West Texas Intermediate (WTI) crude contract for October, which expires on Monday, went up by 47 cents (0.75%) to $63.15 a barrel. The more actively traded November WTI contract also saw an increase of 43 cents (0.69%), reaching $62.83 a barrel. Gold prices reached a new record high on Monday. This was driven by investors seeking a safe place for their money after the U.S. Federal Reserve cut interest rates last week and suggested that more rate cuts could be on the way. Investors are also paying close attention to upcoming events this week, including a series of speeches from Fed officials and the release of new US inflation data. Spot gold rose by 0.7% to $3,709.29 per ounce, hitting a record high of $3,711.55 earlier in the day. Economic Calendar and Final Thoughts Looking at the economic calendar, the European session is a quiet one. The main event for the day will be commentary from at least five Fed officials including New York Fed President John Williams and newly appointed Governor Stephen Miran would be on the radar. We also have speeches from BoE and ECB policymakers on the agenda which could stoke volatility further. 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 has bounced at a crucial support level. A sign of things to come? A move higher here needs to gain acceptance the swing high at 9247 before 9280 and 9300 come into focus. The RSI period-14 also eyes a bullish momentum shift as the index eyes a break of the 50 neutral level. On the downside, support rests at 9213 and 9180. FTSE 100 Four-Hour Chart, September 3. 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.

Technical analyst ALLINCRYPTO has reiterated a high-beta roadmap for XRP, arguing that chart structure and pattern symmetry could propel the token to roughly $19.20 within the next six months—while specifying a precise model target of $19.27. XRP Explosion Ahead? In a September 21 video address, he framed the move as a classic continuation sequence following a run at all-time highs and a corrective “falling wedge” that has now been retraced. “I think something like this is what you’re going to see once again… this actually could take you to that $19.27 mark,” he said, adding that his “price prediction remains the same.” The crux of the thesis is historical rhyme and pattern logic. “Just like 2017, we ran into an all-time high… and essentially, we are pulling back in and around it,” the analyst said, describing the pullback as a falling wedge—a structure he classifies as continuation when it appears in an uptrend. “The falling wedge has been completed. You have run or retraced the entire wedge… Since we engulfed that and made a target, we have now been pulling back once more, again, in the form of a falling wedge.” In his view, this sets up an “engulfment of the entire pullback… and then leads to continuation.” He also points to a potential cup-and-handle spanning the current cycle, cautioning that its measured-move objective would sit “significantly higher than $19.27,” but that his public focus is the nearer six-month path. “It’s a reliable pattern. It’s really a story of trend continuation,” he said, emphasizing that when assets “break into new all-time highs, typically they continue and will actually reach that target.” The timeline he outlines runs roughly through late March 2026. The $19.27 waypoint is not new for ALLINCRYPTO. He has repeatedly telegraphed that objective across social channels in recent weeks, tying it to a multi-leg advance after consolidation at prior highs. “XRP’s chart [is] setting up for a next leg, which, over time, may be set to reach a price target of $19.27,” he wrote in one post amplifying the thesis to his followers. In earlier messaging, he framed the scenario as “price discovery” into the $19s if resistance continues to resolve. At publication time on September 22, XRP trades near $2.80, implying that the analyst’s six-month objective would require on the order of a 6–7x advance from the current spot. The pair’s short-term context remains choppy after a multi-week range at the round-number handle. Pattern mechanics are central to the call. In classical terms, a falling-wedge retrace that completes to its origin and then resolves upward often precedes trend continuation, while a cup-and-handle breakout seeks to clear prior highs on expanding participation. The analyst’s near-dated map therefore hinges on two confirmations: maintaining the recent uptrend structure after the wedge retrace and securing a decisive breakout “once again” through resistance to re-enter price discovery. “We have spoken about how potentially this could be a major cup and handle,” he said. “We haven’t given you the price prediction on the back end of that… [but] I actually think that XRP… stands a pretty good chance of getting to the original price prediction that we gave of $19.27.”

Over the weekend, Binance Coin ($BNB) surged by more than 10%, rallying up to $1,087 before leveling off slightly below that mark. While other cryptocurrencies remained largely flat, $BNB remains in a ‘price discovery’ phase, and it could reach new highs soon with strong-enough momentum. While history suggests another potential rebound, the market’s upside momentum is spilling over into altcoins. This season, the best altcoins, such as Best Wallet Token ($BEST), Pepenode ($PEPENODE), and Binance coin ($BNB), are quickly gaining traction. BNB On-Chain Signals Turn Bullish — Is This the Spark for the Best Altcoins? $BNB has already dipped slightly from its ATH and could correct toward the 20-period exponential moving average (EMA) near $1,012, or the 50-period EMA around $974, which was a historical support line in previous bull runs. On-chain data from Gael Gallot indicates a healthy consolidation above the $970 support level, characterized by rising trading volume and a bullish long-short ratio of 17.71 in derivatives markets (which is a bullish observation). This means that, even if $BNB’s price dips below $970, it could rebound and possibly hit $1,200 by year end. $BNB has been steadily rallying since the beginning of-September, forming an ascending triangle after clearing the $1,050 resistance. This consolidation suggests bullish momentum, with a potential breakout if the price holds above the trendline. Moreover, $BNB’s NUPL currently stands at 0.44, its highest level by far, suggesting that holders are sitting on moderate unrealized gains, consistent with both optimism and anxiety. A look at Binance’s $BNB-$USDT perpetual market reveals that longs are outpacing shorts by 1.91 to 1, with mildly negative funding, pointing to a bullish sentiment. However, there may be slight pressure for longs (due to funding rate). If momentum holds, BNB could reach its cup-and-handle breakout target near $1,250, and climb towards the 2.618 Fibonacci extension ($1,565), echoing its parabolic run in 2020–2021. Additionally, BNB’s bullish momentum could act as a catalyst for the wider crypto market, paving the way for the best altcoins to explode next. 1. Best Wallet Token Is Redefining Safe Crypto Storage — and Investors Are Cashing In On track to capture 40% of the non-custodial crypto wallet market by 2026, Best Wallet offers multi-wallet functionality, supporting Ethereum, Bitcoin, BNB Smart Chain, Polygon, Solana, and Base, with over 50 blockchains still to come, including Ton. Upcoming features include market intel analytics for more informed decision making, in-app staking, a crypto-fiat card, news feed, and MEV protection. The Best Wallet Token ($BEST) is the backbone of the Best wallet ecosystem, offering several high-utility benefits, including reduced transaction fees, governance rights, early access to the best crypto presales, higher staking yields, and exclusive iGaming bonuses. With Fireblocks MPC-CMP security and an in-app presale model that eliminates mirror-site risks, $BEST offers the best of both worlds: functional utility and risk mitigation. The $BEST wallet token has already raised $16M in presale and is continuing to attract strong traction (a whale bought $70K 20 days ago). The token is currently trading at $0.025675, and if our $BEST price predictions play out, the token could reach $0.05106175 by 2026 and $0.07 by 2030. This could turn your $100 investment to roughly $199 (99% increase), and $272 (173% increase) respectively. Additionally, you can stake your $BEST tokens for an 83% APY, amounting to roughly $183 in a year’s time, without factoring in token price changes. $BEST positions itself as a serious contender for beginner and advanced traders looking for safe crypto storage, modern trading tools, and access to the best and newest crypto presales in the sector. Join the $BEST presale today before the next price jump tomorrow. 2. PEPENODE: The Community-Driven Coin Poised for Explosive Growth Rewriting the meme coin playbook, PEPENODE ($PEPENODE) is the first virtual mine-to-earn project, merging sustainable tokenomics, innovative DeFi mechanics, and gamified mining into a single dynamic ecosystem. Instead of simply buying and holding $PEPENODE, you can build out virtual server rooms, deploy and optimize mining nodes, and compete for rewards based on strategy and activity. Besides, Pepenode’s unique approach eliminates the need for costly hardware, offering a scalable and gamified environment that grows in line with community participation. Additionally, holders can enjoy staking yields available during presale (970% APY), flexible node ownership, and rewards for top performance in trending meme coins. With $1.3M already raised in the presale, the cost of 1 $PEPENODE today is $0.0010702 per token. Adding to the momentum, the recent whale buy of $94.1k has further boosted confidence in the project. According to our analysts’ $PEPENODE price prediction, the token could climb to $0.0031 by the end of 2025, which would value a $200 investment today at about $579 (+190% APY) from price appreciation alone. By 2026, if the price reaches $0.0077, your $200 could grow to over $1,438. And by 2030, at a potential $0.0095 price, you’d be looking at a whopping $1,775. However, the real accelerator is staking. With a dynamic staking APY of 970%, that same $200 could compound into roughly $2,140 by year-end, even before factoring in token price gains. With explosive growth potential and yield-generating mechanics, $PEPENODE is shaping up to be the next crypto to explode in the altcoin market. Pepenode transforms passive holding into an interactive and yield-driven experience, making it one of the top utility-packed meme coins to watch in 2025. Join the $PEPENODE presale today before the next price jump in two days. 3. $BNB: The Powerhouse Fueling Binance’s Ecosystem Growth Binance Coin ($BNB) is a multi-utility powerhouse across both centralized and decentralized layers, giving traders fee advantages and deep integration across the Binance and BNB Chain ecosystems. You can enjoy up to 25% discounts on Spot & Margin trading fees (and up to 10% on Futures) if you pay fees using $BNB, an essential edge for maximizing returns in fast-paced markets. You can also use $BNB to pay gas fees on the BNB Chain and enjoy fast, low-cost smart contracts execution, swaps, and DeFi operations. Additionally, the token gives access to exclusive launch events such as Launchpool, Megadrop, and HODLer airdrops, letting traders get in early on new tokens. $BNB is flexing hard this week, trading at $1,025 after a 10% pump in the last 7 days. With a market cap north of $142B and a hefty 24h volume of $4.35B, Binance coin’s liquidity game stays strong. The token has also surpassed $1.9T in cumulative DEX volume on the Binance Smart Chain. $BNB’s 139.18M circulating supply reflects no sneaky emissions to dilute the holders’ bags. While FDV tracks closely to its market cap at $142B, the steady volume-to-market cap ratio of 2.74% indicates traders’ continued interest to keep this coin in play. So, Binance coin is holding its ground as a top-five giant, continuing to prove that it still has plenty of firepower for the next leg up. Buy your $BNB on Binance and other top exchanges (like MEXC), while $BEST and $PEPENODE can be purchased from their official website. This is not financial advice. Please do your own research before making any investments. Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/best-altcoins-to-buy-bnb-nears-1100-weekend-rally

Analysis of Trades and Trading Tips for the Euro Currency The price test at 1.1764 occurred at a time when the MACD indicator had already moved significantly above the zero mark, which limited the pair's upward potential. The second test of 1.1764 coincided with the MACD being in the overbought zone, which activated Sell Scenario #2 and resulted in a 20-point drop in the pair. Thanks to the lack of key macroeconomic data from the U.S., the position of the U.S. dollar improved at the end of last week. Investors interpreted the absence of news as an opportunity to stabilize their portfolios following the volatility caused by the Federal Reserve's interest rate cut. Today, during the first half of the day, eurozone consumer confidence index data for September will be released. In addition, public speeches from ECB representative Philip Lane and Bundesbank President Joachim Nagel are scheduled. The consumer confidence index is a key indicator of consumer sentiment and reflects their willingness to spend, which directly impacts economic growth. Experts will pay close attention to this reading to understand how the public perceives the current economic situation and their outlook for the future. A rising figure would support the euro. The speeches by Philip Lane and Joachim Nagel are also expected to draw significant market interest. Investors will be looking for clues regarding the ECB's future monetary policy, particularly in light of the central bank's recent decision to keep interest rates unchanged. Any hints of adjustments to monetary policy could trigger currency market volatility. As for the intraday strategy, I will primarily rely on executing Scenarios #1 and #2. Buy Scenarios Scenario #1: Today, you can buy the euro on a price move to the level of 1.1757 (green line on the chart) with the goal of a rise to 1.1792. At 1.1792, I plan to exit the market and sell the euro in the opposite direction, aiming for a pullback of 30–35 points from the entry level. EUR growth can be expected only if positive statistics are released. Important! Before buying, make sure the MACD indicator is above the zero line and just beginning to rise from it. Scenario #2: I also plan to buy the euro today if there are two consecutive tests of the 1.1722 level while the MACD indicator is in the oversold zone. This would limit the pair's downward potential and could lead to a market reversal upwards. Then, growth back to the resistance levels of 1.1757 and 1.1792 could be expected. Sell Scenarios Scenario #1: I plan to sell the euro after it reaches the 1.1722 level (red line on the chart). The target is 1.1684, where I will exit the market and immediately buy in the opposite direction (aiming for a 20–25 point movement from the level). Pressure on the pair will likely resume if today's data is weak. Important! Before selling, make sure that the MACD indicator is below the zero line and just beginning to move down from it. Scenario #2: I also plan to sell the euro today in the event of two consecutive tests of the 1.1757 level while the MACD indicator is in the overbought zone. This would limit the pair's upward potential and potentially trigger a downward reversal. A fall toward the 1.1722 and 1.1684 levels could be expected. What's on the chart: Thin green line – entry price at which the instrument can be bought.Thick green line – estimated price at which Take Profits can be set or profits manually fixed, as further growth above this level is unlikely.Thin red line – entry price at which the instrument can be sold.Thick red line – estimated price at which Take Profits can be set or profits manually fixed, as further decline below this level is unlikely.MACD Indicator – when entering a trade, it is crucial to rely on overbought and oversold zones.Important: Beginner Forex traders should make entry decisions with great caution. It's best to stay out of the market ahead of the release of important fundamental reports to avoid getting caught in sharp price swings. If you choose to trade during news releases, always place stop-loss orders to minimize potential losses. Without stop-losses, you can quickly lose your entire deposit, especially if you trade large volumes without proper money management. And remember: successful trading requires having a clear trading plan, like the one presented above. Making spontaneous decisions based on the current market situation is inherently a losing strategy for any intraday trader. The material has been provided by InstaForex Company - www.instaforex.com