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The pound and the euro worked perfectly today through the Mean Reversion strategy. I tried trading the yen using Momentum, but the outcome was not great. Today's calm in the Eurozone economic calendar allowed the euro to take a breather after recent turbulence. The absence of fresh data that could shake traders' confidence played into the hands of those who see further growth potential in the single currency. Yesterday's Fed decision, which confirmed its commitment to a dovish monetary policy, continues to support risk assets, including the euro. In the second half of the day, we expect figures on U.S. initial jobless claims, the Philadelphia Fed manufacturing index, and the leading indicators index. These data will be important benchmarks for assessing the current state of the U.S. economy and labor market sentiment. Traders will closely watch for any signs of a slowdown in labor market growth, something Jerome Powell warned about yesterday. The number of initial jobless claims is a leading indicator of labor market conditions. An increase in this figure may indicate a decline in employment and a deterioration in economic activity. Conversely, a decrease in claims suggests labor market strength and improved business confidence. The Philadelphia Fed manufacturing index reflects business activity in the region's manufacturing sector. The leading indicators index is an aggregated measure that includes ten different economic indicators considered to forecast future economic conditions. Changes in this index can provide insight into the direction the economy may take in the coming months. In the case of strong data, I will rely on the Momentum strategy. If the market shows no reaction, I will continue using the Mean Reversion strategy. Momentum strategy (breakout) for the second half of the day: For EUR/USD Buying on a breakout above 1.1860 may lead to growth toward 1.1903 and 1.1937;Selling on a breakout below 1.1825 may lead to a decline toward 1.1790 and 1.1750.For GBP/USD Buying on a breakout above 1.3670 may lead to growth toward 1.3717 and 1.3746;Selling on a breakout below 1.3625 may lead to a decline toward 1.3590 and 1.3555.For USD/JPY Buying on a breakout above 147.40 may lead to growth toward 147.72 and 148.05;Selling on a breakout below 147.05 may trigger sales toward 146.70 and 146.31.Mean Reversion strategy (pullback) for the second half of the day: For EUR/USD I will look for selling opportunities after a failed breakout above 1.1877 with a return below this level;I will look for buying opportunities after a failed breakout below 1.1818 with a return above this level. For GBP/USD I will look for selling opportunities after a failed breakout above 1.3683 with a return below this level;I will look for buying opportunities after a failed breakout below 1.3621 with a return above this level. For AUD/USD I will look for selling opportunities after a failed breakout above 0.6671 with a return below this level;I will look for buying opportunities after a failed breakout below 0.6637 with a return above this level. For USD/CAD I will look for selling opportunities after a failed breakout above 1.3788 with a return below this level;I will look for buying opportunities after a failed breakout below 1.3758 with a return above this level.The material has been provided by InstaForex Company - www.instaforex.com

Anglo American (LON: AAL) will shed more than 200 jobs from its Queensland coal division as weak prices and high state royalties hit profits. The company confirmed the cuts would fall across its Brisbane office and mine sites, with many roles to go through voluntary redundancies. Production will not be affected, it said. Workers at the Grosvenor underground mine near Moranbah, which has remained shut since a fire in June 2024, are among those offered redundancies. The Australian Financial Review reported that close to 300 roles would be eliminated, with Grosvenor the main focus. Anglo, the world’s third-largest seaborne exporter of steelmaking coal, said the decision reflects ongoing market pressures. “These changes are essential to secure the future of our steelmaking coal operations in Central Queensland,” it said in a statement published by the Australian Broadcasting Corporation (ABC). The miner said it had briefed unions and local officials but declined to confirm the total number of jobs. Thousands affected Anglo, which is in the midst of merging with Canada’s Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK), is trying to sell the Queensland mines after a deal with Peabody Energy (NYSE: BTU) collapsed last month. The news follows BHP’s decision to cut 750 jobs and mothball its Saraji South mine from November. Isaac Regional Council Mayor Kelly Vea Vea said the combined impact of Anglo and BHP’s announcements affects about 1,020 jobs across the region. “I don’t think that we should be complacent about what this means for the future of the mining sector and in particular resource communities,” Vea Vea told the ABC. The layoffs add to growing pressure in Queensland’s coal industry after Bowen Coking Coal entered administration earlier this year.

On Wednesday, the EUR/USD pair rebounded from the 127.2% corrective level at 1.1896, reversed in favor of the U.S. dollar, and fell into the support zone of 1.1789–1.1802. At the moment, it can be said that traders have fully priced in the Fed meeting and Powell's speech, so today and tomorrow we can expect more logical movements. Looking slightly ahead, I believe that the U.S. dollar's growth was not natural. A rebound from the 1.1789–1.1802 level would favor the euro and a return to growth toward 1.1896. A close below this zone would allow for a continuation of the decline toward the next corrective level of 76.4% at 1.1695. The wave structure on the hourly chart remains simple and clear. The last upward wave broke the previous peak, while the last completed downward wave did not break the previous low. Thus, the trend remains "bullish." The latest labor market data and the Fed's revised monetary policy outlook support only the bulls, leaving the bears with nothing. On Wednesday, bulls clearly counted on Fed support, but what immediately stood out was the dollar's fall without cause on Tuesday. It can be assumed that the most dovish scenario had already been priced in by traders on Tuesday. And on Wednesday it was confirmed. Of course, each analyst and trader has their own opinion, but I believe that the signal of three rate cuts by the Fed before the end of the year is the most dovish signal possible. The dot plot showed that at the remaining two meetings, FOMC members are preparing to cut rates twice more by 0.25%. Previously, the baseline scenario was two cuts of 0.25% each. At the press conference, Jerome Powell said that the economic outlook for the next three years is uncertain, but the current state of the U.S. economy cannot be called poor. Inflation is indeed rising, but not along the worst-case trajectory. On the 4-hour chart, the pair consolidated above the horizontal corridor, allowing traders to count on further growth. The rebound from the 161.8% Fibonacci level at 1.1854 worked in favor of the U.S. dollar, sending the pair somewhat lower toward 1.1680. Consolidation above 1.1854 would allow traders to expect renewed growth toward 1.2066. No divergences are forming on indicators today. Commitments of Traders (COT) report: During the last reporting week, professional traders opened 2,389 long positions and closed 3,696 short positions. The sentiment of the "Non-commercial" group remains bullish thanks to Donald Trump and is strengthening over time. The total number of long positions held by speculators now amounts to 258,000, while short positions total 132,000. The gap is essentially twofold. Also note the number of green cells in the table above, showing strong increases in euro positions. In most cases, interest in the euro continues to grow, while interest in the dollar falls. For thirty-one consecutive weeks, large traders have been cutting short positions and adding longs. Donald Trump's policies remain the most significant factor for traders, as they may cause many problems of a long-term, structural nature for America. Despite the signing of several important trade agreements, many key economic indicators are declining. News calendar for the U.S. and the Eurozone: Eurozone – Speech by ECB President Christine Lagarde (07:10 UTC).U.S. – Initial jobless claims (12:30 UTC).On September 18, the economic calendar contains two entries, neither of which I consider important. The influence of the news background on market sentiment on Thursday will be weak or nonexistent. EUR/USD forecast and trader recommendations: Sales could have been considered on the hourly chart at the rebound from 1.1896 with a target at 1.1802. The target has been met. Buying is possible today on a rebound from the 1.1789–1.1802 zone with a target at 1.1896. Selling on Thursday can be considered if the pair closes below the 1.1789–1.1802 zone, targeting 1.1695. The Fibonacci grids are built between 1.1789–1.1392 on the hourly chart and between 1.1214–1.0179 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com

The New Zealand dollar has posted sharp losses on Thursday. In the European session, NZD/USD is trading at 0.5904, down 0.97%. New Zealand's GDP slides by 0.97% New Zealand's economy took a tumble in the second quarter, declining 0.9% q/q. This was a sharp downturn from the Q1 gain of 0.9% and below the market estimate of -0.3%. The economy has contracted in three of the last five quarters. Annually, GDP declined 0.6%, unchanged from the first quarter and well below the market estimate of 0%. The New Zealand dollar is down 1% on the soft GDP reading. The GDP report showed broad weakness across the economy as construction and manufacturing posted declines and services were flat. The economy has been hurt by weak global demand and US tariffs on New Zealand, which have been set at 15%. The weak GDP data will put pressure on the Reserve Bank of New Zealand to lower rates before the end of the year. The RBNZ meets next month and the markets have fully priced in a rate cut, with an 82% chance of a a quarter-cut and an 18% likelihood of a half-point reduction. Fed delivers with rate cut The Federal Reserve lowered rates by a quarter-point on Wednesday. The decision, which was widely expected, was the first rate cut since December 2024. For the second straight time, the vote was not unanimous, as one member voted for a half-point cut. The rate statement pointed a finger at the cooling labor market as the main reason behind the cut. In his press conference, Fed Chair Powell reiterated concern about the deteriorating job market and said that the risk of higher and more persistant inflation have eased. Perhaps the highlight of the meeting was the 'dot plot', which charts the expected rate path of members who participated at the meeting. The dot plot indicated that most members expect two more rate cuts before the end of the year. NZD/USD Technical NZDUSD has pushed below support at 0.5973 and 0.5939 and is testing support at 0.5915There is resistance at 0.5957 and 0.6031 NZDUSD 1-Day Chart, September 18, 2025 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 the hourly chart, the GBP/USD pair on Wednesday rose to the 127.2% Fibonacci level at 1.3708, rebounded from it, and reversed in favor of the U.S. dollar, falling into the support zone of 1.3587–1.3620. Today, consolidation below this zone would allow for a continued decline toward the 76.4% corrective level at 1.3482. A rebound from the zone would work in favor of the pound and a return to growth toward 1.3708. The wave structure remains "bullish." The last completed downward wave did not break the previous low, while the last upward wave easily broke the previous peak. The news background does not allow bears to go on the offensive. The market expects strong monetary easing from the FOMC, which gives bulls strength in the medium term. At the moment, there are no grounds to expect a significant decline in GBP/USD. However, today's Bank of England meeting is still ahead. All Trump has achieved with his pressure on the Fed is a few rate cuts. I would even say more—Trump has achieved nothing with his pressure on the Fed, since the FOMC is ready to ease policy due to a weak labor market, not because of Trump. However, Jerome Powell made it clear yesterday that inflation remains an important indicator for the regulator. Thus, no one except Steven Miran is prepared to vote for a cut of more than 0.25%. When the rate is cut by another 0.50%, the Fed will likely reassess economic data to determine whether the measures taken are sufficient to stabilize the labor market. If so, the regulator will once again pause indefinitely, shifting its focus back to fighting high inflation, which continues to accelerate under Trump's tariffs. Within a few hours today, the Bank of England will announce its rate vote results, which could give bears new strength. Thus, bears had opportunities to attack yesterday and have them again today, but in the longer term I still do not expect them to go on the offensive. On the 4-hour chart, the pair continues its upward move after consolidating above the 1.3378–1.3435 zone. Growth may therefore continue toward the next corrective level of 127.2% at 1.3795. The CCI indicator has formed a "bearish" divergence, which coincided with the market's reaction to the FOMC outcome. The hourly chart remains more informative for now. Commitments of Traders (COT) report: The sentiment of the "Non-commercial" category of traders has not changed over the past reporting week. The number of long positions among speculators decreased by 1,213, while short positions decreased by 748. The gap between long and short contracts is currently about 75,000 versus 109,000. However, as we can see, the pound still leans toward growth, and traders lean toward buying. In my view, the pound still faces downside risks. The news background for the U.S. dollar in the first six months of the year was terrible but is now gradually improving. Trade tensions are easing, key deals are being signed, and the U.S. economy in the second quarter is expected to recover thanks to tariffs and various investments. At the same time, prospects for Fed easing in the second half of the year have already started to put serious pressure on the dollar, as the U.S. labor market weakens and unemployment rises. Thus, I still see no grounds for a "dollar trend." News calendar for the U.S. and the UK: United Kingdom – MPC rate decision (11:00 UTC).United Kingdom – MPC statement (11:00 UTC).U.S. – Initial jobless claims (12:30 UTC).On September 18, the economic calendar contains three entries, two of which are important for the pound. The influence of the news background on market sentiment on Thursday may again be strong. GBP/USD forecast and trader recommendations: Sales were possible on the hourly chart from the rebound at 1.3708, targeting the 1.3611–1.3620 zone. This target has been met. Today, buys are possible from a rebound at the 1.3587–1.3620 zone with a target of 1.3708. New sales can be considered on a close below the 1.3587–1.3620 zone with a target of 1.3482. The Fibonacci grids are built between 1.3586–1.3139 on the hourly chart and between 1.3431–1.2104 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com

The BNB crypto price has officially blasted past the $1,000 mark, flipping Solana and sparking excitement memecoin scene on BSC. This milestone is backed by hard data. As of today, the BNB crypto price sits near $1,015, while Bitcoin holds firm at $116K following the Fed’s 25bps rate cut. Combined with a 148% daily surge in BSC-based crypto memecoin volumes, this feels like the early stirrings of a serious market rotation. Make no mistake, BNB crypto price rally is a signal. BNB’s current $138B market cap has now edged out Solana’s $134B, according to CoinGecko, reclaiming its #5 spot. (source – CoinGecko) While both chains face critiques around decentralization, BSC’s 21 validators vs. Solana’s frequent outages, the reality is, BSC is simply working better right now. DeFiLlama shows BSC’s TVL at $7.9B, up 2.69% daily, while Solana gains just 0.99%. That’s a clear sign of strength. (source – BSC TVL, DefiLlama) The BNB crypto price move also mirrors its 2021 cycle, when it tripled post-ATH thanks to token burns and Binance’s aggressive expansion. Now, with Binance potentially wrapping up its DOJ oversight, there’s real momentum. bnbPriceMarket CapBNB$148.51B24h7d1y DISCOVER: Top 20 Crypto to Buy in 2025 BNB Crypto Price Hits $1K While BSC Outpaces Solana in Real Usage as Memecoin Hype Returns The supply squeeze is not a joke, with 139 million cpp_widget coin=”bnb” cta_text=”Buy with Best Wallet” cta_link=”https://99bitcoins.com/goto/bestwallet”] currently in circulation, every quarter, more supply disappears. It’s a formula that Solana’s ecosystem hasn’t replicated. And, institutions favor predictability, something that BSC offers. We’re seeing a wave of crypto memecoin action on BSC. Coins like Broccoli and Four have run overnight, riding a fresh memecoin narrative powered by low fees and BNB’s all-time high. (source – Broccoli, CoinGecko) Daily volume on BSC has crossed $2.5B, a clear sign of real capital movement. Per CoinGlass, more than $11M in BNB short positions were rekt overnight, and Fear & Greed is now hovering at neutral, a perfect setup for the next leg. (source – Coinglass) The bottom line? September looks bullish. The Fed cut opens the liquidity floodgates, and with BNB crypto leading in price, the BSC crypto memecoin cycle could come back this year. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates 6 minutes ago Will MYX Finance or Toshi Crypto Land in New Coinbase Listings? By Akiyama Felix Every trader loves the thrill of new Coinbase listings, and this week’s chatter has two names on everyone’s radar: MYX Finance and Toshi Crypto. Both projects have been gaining traction on decentralized exchanges, sparking FOMO as traders speculate which one might score a coveted spot on Coinbase’s next crypto announcement list. Historically, Coinbase listings have triggered massive pumps, with tokens often spiking 50-100% within hours as retail traders rush in. Could MYX Finance or Toshi Crypto be the next breakout tokens to ride this wave? TOSHIPriceTOSHI24h7d30d1yAll time Read the full story here. The post Latest Crypto Market News Today, September 18: BNB Overtakes Solana as It Blasts Four-Digits 1K USD Price All-Time High, BSC Crypto Memecoin Season Coming? appeared first on 99Bitcoins.

Ethereum is approaching a decisive phase that could carry it into five-figure territory, according to a multi-timeframe analysis from trader Cantonese Cat (@Cantonmeow). Ethereum Ready To Smash All-Time Highs In a video published today, the analyst argues that ETH has cleared a cluster of late-cycle resistances and is now exhibiting a confluence of technical signals—on monthly, weekly, daily, and intraday charts—that “favor some of the higher targets to be met, maybe 1.272, 1.414, 1.618, anywhere around potentially five figures.” These Fib levels would put ETH at $7,752, $9,883 and $14,011 respectively. On the monthly chart, the analyst centers his case on the log-scale Fibonacci structure and volatility regime. ETH, he says, spent months stalling around the 0.886 retracement near $4,000—the same zone that repeatedly repelled the market in prior attempts—but “last month, we had the break through that here, convincingly.” He notes that the wick of the latest push already poked above the wick from the November 2021 peak, reinforcing the idea that supply at the former top is thinning. Simultaneously, the monthly Bollinger Bands are expanding while price “is impulsively going to the upside here along with the upper Bollinger Band,” a backdrop he describes as consistent with trend acceleration rather than mean reversion. “It does favor some of the higher targets to be met,” he said, while stressing sequencing: “We need to kind of break above the previous all-time high here first before we can actually talk about moving further up.” A second pillar of the bullish thesis is the Ichimoku profile across cycles—specifically the fusion of Tenkan-sen (conversion line) and Kijun-sen (base line). “When you have the Tenkan and Kijin fused together and price is riding up along with it, this fusion over here is called Katana,” he explained. Historically, he said, this “precipitates a big move,” and with price now above the Katana, “the Katana is shooting the price up.” On the current structure: “We got a Katana here being built up and price is currently impulsively going to the upside, so that is also favorable for Ethereum.” On the weekly timeframe, Cantonese Cat frames ETH’s advance through a three-cycle template defined by a “cycle liquidity zone” acting as a pivot. Each prior cycle saw deviations above and below a governing trend line before a sustained move once the zone was recaptured. He places the present consolidation directly on that blueprint: after breaking the “$4,000 liquidity level,” ETH is “consoling sideways… trying to find some energy before breaking up higher.” A back-test is possible but not required, he said; the “primary case” remains continuation unless the chart invalidates. Lower Timeframe Signals The lower timeframes, in his view, are already aligning with that outcome. On the daily chart, he highlights a developing “Adam and Eve continuation pattern” nested within a classic cup-and-handle, where “the handle… volume is not that great,” which he views as textbook, followed by “a pretty decent volume bullish engulfing candle.” Measured against log-scale retracements, price was rejected at 0.786, found support at 0.5, and is now “trying to break through 0.6… work our way back… to 0.786,” a rhythm he says “is being respected pretty decently.” He also points to a short-term bottoming sequence—“you can see something called a tweezer bottom… if you have anywhere around two or three of these kind of wick sticking down like that, that’s usually a pretty decent bottom”—and a three-candle “morning star” reversal: “It’s a reversal pattern and it could end up leading to a reversal here… seems to be working out pretty well.” On the 12-hour chart, he reads the structure as reaccumulation in a Wyckoff sense, referencing the “rounded bottom,” a strengthening secondary test—“the ST is higher than the VCLX”—and the emergence of a “creek” overhead that price appears ready to vault. “It does look like a reaccumulation type pattern… showing some strength… consolidating sideways… to reaccumulate before [a] bullish continuation,” he said, adding that after the prior vertical leg, digestion at elevated levels is constructive. Relative-strength diagnostics, he argues, reinforce the ETH-led narrative. Ethereum’s market-share gauge (ETH.D) “has broken above the Ichimoku cloud… with strength,” then “back-tested the cloud for about four weeks,” and may be waiting for the Tenkan to “rise… as support” before the next leg. On a monthly volatility basis, he adds, “the 20-month moving average was reclaimed… and we simply spent a month here back-testing” it—evidence that dominance could trend higher if the back-test holds. “That’s basically meaning that Ethereum wants to continue to outperform the rest of the cryptocurrency market here for [the] foreseeable future,” he said. Breadth indicators outside of ETH also tilt risk-on in his framework. The Total3 index (total crypto market cap excluding Bitcoin and Ethereum) is “trying to break above and form an all-time high” on a monthly “cup and handle” structure, while the “Others” index (market cap excluding the top 10 coins) has punched through the 0.786 level on the weekly and is “gravitat[ing]… to the next level, the 0.886.” He emphasizes the distinction between log and linear retracements, noting a failed linear 0.886 breakout in a prior attempt: “If we were to break above the linear, as well as the log 0.886 here with style, then I think Others would end up performing extremely well and would end up following the footsteps of Ethereum.” His conclusion is unambiguous: “I am bullish on Ethereum. I’m bullish on altcoin. I’m bullish on the cryptocurrency market space in general.” At press time, ETH traded at $4,565.

Trend analysis (Fig. 1). On Thursday, from the 1.3622 level (yesterday's daily candle close), the market may continue moving downward toward the target of 1.3548 – upper fractal (red dotted line). From this level, the price may rebound upward toward 1.3583 – the 8 EMA (thin blue line). Fig. 1 (daily chart). Comprehensive analysis: Indicator analysis – downward;Fibonacci levels – downward;Volumes – downward;Candlestick analysis – downward;Trend analysis – downward;Bollinger Bands – downward;Weekly chart – downward.General conclusion: bearish trend. Alternative scenario: from the 1.3622 level (yesterday's daily candle close), the price may start moving downward toward 1.3583 – the 8 EMA (thin blue line). From this line, the price may rebound upward toward 1.3593 – upper fractal (yellow dotted line). The material has been provided by InstaForex Company - www.instaforex.com

The first Korean Won-backed stablecoin has been launched! BDACS (Busan Digital Asset Custody Services) has become the first South Korean custodian to launch the stablecoin on the Avalanche blockchain. Woori Bank has backed the newly launched stablecoin, dubbed KRW1. According to BDACS’s press release dated 18 September 2025, Korean Won deposits back the KRW1 stablecoin 1:1. Per the press release, BDACS confirmed that it completed a full proof of concept for the KRW1 stablecoin, validating its technical viability. Particularly, the firm mentioned Avalanche’s reliability and security as key reasons for choosing the network. “Every KRW1 is backed 1:1 with won held in escrow at Woori Bank,” Avalanche noted on X. Meanwhile, Tether executives recently met with Shinhan Bank officials, signalling growing interest from global players in Korea’s evolving digital currency landscape. In the backdrop, South Korea is pushing for a sovereign stablecoin framework, with President Lee Jae Myung backing the development of local currency-pegged digital assets to reinforce monetary control. However, the Bank of Korea has cautioned that only licensed banking institutions will be allowed to issue stablecoins. This step by the central bank aims to curb systemic risks from unchecked digital currency proliferation. EXPLORE: The 12+ Hottest Crypto Presales to Buy Right Now Key Takeaways BDACS becomes the first custodian to launch a won-backed stablecoin, KRW1 in South Korea KRW1 features real-time API integration with Woori Bank, enabling instant and transparent proof of reserves. BDACS clarified that the KRW1 stablecoin is still in its proof-of-concept phase and has not entered public circulation The post BDACS Launches Won-Backed Stablecoin KRW1 On Avalanche appeared first on 99Bitcoins.

US stock indices closed mixed at the end of yesterday's session. The S&P 500 fell by 0.10%, while the Nasdaq 100 declined by 0.43%. The Dow Jones Industrial Average, however, gained 0.57%. Futures on US and European stock indices are rising, indicating a recovery in confidence following the Federal Reserve's decision to cut interest rates. Although questions regarding the pace of future policy easing remain unresolved. The S&P 500 futures advanced by 0.4%, and the Nasdaq 100 futures climbed by 0.6%, after the underlying indices edged lower post-Fed announcement. Treasury bonds partially recovered their losses, and the dollar strengthened for a second consecutive day. Fed Chair Jerome Powell characterized the rate cut as a risk management exercise. The Fed's decision caused a mixed reaction in markets. On one hand, the rate cut is viewed as a signal of support for the economy, particularly amid slowing global growth. On the other hand, investors are concerned that further monetary easing could fuel inflation and other undesirable consequences. After months of intense pressure from the White House to lower borrowing costs, the Fed reduced its benchmark interest rate by a quarter percentage point and projected two additional cuts this year. The Federal Open Market Committee (FOMC) voted 11–1 to lower the target range for the federal funds rate to 4–4.25%. This week, the global equity index reached a record high as investors priced in a 25-basis-point rate cut ahead of the Fed meeting. Although the central bank proceeded with the cut, officials emphasized that future policy decisions would be meeting-dependent and cautioned that there is no risk-free path. Nevertheless, policymakers now anticipate two additional quarter-point rate cuts this year, one more than projected in June. During his press conference, Powell pointed to growing signs of labor market softness to explain why officials deemed it appropriate to cut rates after holding them steady since December due to concerns over tariff-driven inflation. Powell also pushed back against bond traders' expectations that the Fed would embark on an aggressive series of rate cuts to prevent a US economic slowdown. The Fed Chair made it clear that he has not abandoned his cautious approach, continuing to weigh inflation risks. From a technical standpoint, the key objective for the S&P500 buyers today will be to break above the nearest resistance level of $6,630. A successful breach would signal upward momentum and open a path toward testing the $6,638 level. Another priority for bulls will be to establish control above $6,648, which would strengthen their position. In the event of a downward move driven by a decline in risk appetite, buyers must assert themselves near the $6,616 level. A breakdown below this support could quickly push trading back toward $6,603, exposing a move down to $6,590. The material has been provided by InstaForex Company - www.instaforex.com

Trend analysis (Fig. 1). On Thursday, from the 1.1812 level (yesterday's daily candle close), the market may continue moving downward toward the target of 1.1762 – the 85.4% pullback level (red dotted line). Upon testing this level, the price may rebound upward toward 1.1779 – the upper fractal (red dotted line). Fig. 1 (daily chart). Comprehensive analysis: Indicator analysis – downward;Fibonacci levels – downward;Volumes – downward;Candlestick analysis – downward;Trend analysis – downward;Bollinger Bands – downward;Weekly chart – downward.General conclusion: bearish trend. Alternative scenario: on Thursday, from the 1.1812 level (yesterday's daily candle close), the market may continue moving downward toward 1.1779 – the upper fractal (red dotted line). Upon testing this level, the price may rebound upward toward 1.1828 – the historical resistance level (blue dotted line). The material has been provided by InstaForex Company - www.instaforex.com

Binance has reached a historic milestone after its native token, BNB, broke past the $1,000 mark for the first time. The achievement comes on the heels of the Federal Reserve’s decision to cut interest rates by 25bps, a move widely seen as supportive for risk assets. The broader crypto market quickly responded, entering what many analysts describe as a new, more constructive phase with optimism for the weeks ahead. The milestone carries symbolic weight, marking BNB’s transformation from a utility token to one of the most valuable assets in the digital economy. The surge reinforces Binance’s dominance as the largest exchange by trading volume, while highlighting the platform’s growing ecosystem, which continues to expand across DeFi, payments, and blockchain infrastructure. Co-founder Changpeng Zhao (CZ) reflected on the moment in a post on X, writing: “Watching BNB go from $0.10 ICO price 8 years ago to today’s $1000 is something words cannot explain. I, not representing any entity or title, as just a community member and a #BNB holder, thank everyone in the BNB and crypto ecosystem, for your support.” Binance Enters Uncharted Territory With Strong Momentum Binance’s native token, BNB, has surged more than 65% since June, cementing its position as one of the strongest performers in the current bull cycle. What makes this rally particularly notable is its relative strength against the broader market, a trend that began in late 2023 and has only accelerated in recent months. While many altcoins experienced prolonged corrections and uneven recoveries, BNB has consistently defended key levels, building a resilient foundation for its breakout past the $1,000 milestone. With a market capitalization of around $140 billion, Binance has secured its spot as the 5th largest cryptocurrency in the world, surpassing long-time competitors and reaffirming its status as a cornerstone of the digital asset ecosystem. This remarkable achievement highlights the token’s dual role: as both a utility asset within Binance’s vast ecosystem and as a store of value increasingly favored by institutional and retail investors. The coming weeks are expected to be decisive as BNB enters uncharted price territory. Optimism surrounding the market is high, with analysts pointing to the favorable macroeconomic backdrop—most recently reinforced by the Federal Reserve’s 25bps rate cut—as a catalyst for further growth. However, entering new highs also brings challenges, as volatility often spikes in discovery zones. BNB Price Action Details – Weekly Structure BNB has officially reached the historic $1,000 milestone, marking a powerful continuation of its multi-month uptrend. The weekly chart shows a clean breakout from prior resistance zones, with momentum accelerating over the past several weeks. This surge highlights strong demand and institutional accumulation, especially following the Fed’s 25bps rate cut, which has acted as a catalyst for renewed optimism across the market. The chart reveals a well-structured rally with BNB consistently respecting its 50-week moving average, which now acts as a reliable dynamic support around $680. Both the 100-week ($572) and 200-week ($443) moving averages are trending higher, underscoring the token’s long-term strength and confirming a bullish market structure. Importantly, the recent breakout places BNB in uncharted territory, leaving price discovery as the next phase. While momentum remains clearly bullish, traders should be mindful that vertical rallies often invite profit-taking and volatility. A healthy consolidation above $950–$1,000 would strengthen the breakout and provide a new base for continuation. Conversely, if selling pressure intensifies, support levels around $850 and $780 could be retested. Featured image from Dall-E, chart from TradingView

Over the years, different trends have emerged for the Bitcoin price depending on how the month ends, either in the green or in the red. September has been historically bearish, but the few times that the month has ended in the green, there have been bullish implications for the cryptocurrency. As this month is already shaping up to end in the green, this report takes a look at what has happened in previous years when the month of September has been green. Expect Bullishness From Bitcoin Price If September Closes Green In an X post, crypto analyst Rekt Fencer highlighted an interesting trend in the Bitcoin price when the month of September has been favorable. This trend has to do with what happened in the years when September closed in the green, ushering in an even more bullish month of October. According to CryptoRank data, in the last 14 years, only five months of September have closed in the green. Out of these five instances, in four cases, the bullish close opened up a more bullish move for October. A close example is the last two years of 2023 and 2024, both seeing the months of September close in the green. September 2023 ended with a 3.99% gain for the Bitcoin price, and the next month saw Bitcoin rally 28.5% in response. A similar case was recorded in September 2024 after the Bitcoin price saw a gain of 7.11% and the subsequent month of October ended with an 11.2% gain for the cryptocurrency. Going further back, September 2015 ended with a 2.52% gain for the Bitcoin price, and then October 2015 saw a 33.1% gain. Similarly, September 2016 ended with a 5.94% Bitcoin price gain, and October 2016 saw a 14.9% gain. Only the year 2012 has seen a deviation from this trend, after a 13.1% close in September ended with a 9.96% loss in October. What Happens If This Trend Repeats? A reoccurrence of this trend would mean that the Bitcoin price could be headed for double-digit gains in the month of October. So far, the cryptocurrency is already seeing gains of 6.24% and if this holds, then the bulls could establish a stronghold for a continuation next month. Add in the fact that the month of October is one of the most bullish months in the history of Bitcoin, and it is already brewing a recipe for success. There is still the possibility of a price decline as profit-taking could ramp up quickly at these levels. However, with institutional inflows on the rise, the Bitcoin price could see a favorable last quarter of the year.

The US Federal Reserve cut the key interest rate by 0.25 points, with the change coming into effect at 2 PM ET. U.S. Federal Reserve Chair Jerome Powell gave a press conference on the same day, hinting the cut is a risk management move. He went on to say that ‘[…] a quarter point won’t make a huge difference to the economy,’ but that further cuts were inevitable. Bitcoin reacted with a slight dip to $116.2K, reflecting traders’ caution despite the cut going into effect. Overall, Bitcoin has been trading sideways, still trying to find support above $117K. With investors waiting for clearer signals from the Fed, Powell’s comments, although measured, create a possible bullish scenario for Bitcoin. If investors sense the Fed is leaving the door open for more cuts, this could be the push for a risk-on market and a rally, as seen in past cycles. Historically, Bitcoin has moved in tandem with risk assets, prompting traders to watch the Fed’s next move closely. Meanwhile, analysts are feeling cautiously optimistic, keeping a close eye on $BTC’s support and resistance levels. If the Fed’s decisions boost Bitcoin, it could lift confidence across the market, driving more visibility, liquidity, and upside momentum for low-cap coins like Bitcoin Hyper ($HYPER), which has already raised $16.5M in its presale. Could the Fed’s Interest Rate Cut Trigger the Next Big Bitcoin Boom? Historically, the Fed’s rate cuts have usually made borrowing cheaper, increasing traders’ risk appetite and encouraging them to invest in assets that yield high returns, including cryptocurrencies. In 2020, when the Fed cut rates by 0.25%, Bitcoin experienced a remarkable 1,600% surge throughout the year. Additionally, lower rates often make credit more affordable, creating favorable conditions for investments. This new capital can also trickle into the cryptocurrency market, starting with established assets like $BTC. Another effect of rate cuts is the reduced cost of funding, which eases liquidity stress for leveraged crypto traders as positions get repriced. Investors also tend to view rate cuts as a sign the economy is facing headwinds, which often drives Bitcoin to rally in the weeks that follow. Even if the reaction isn’t immediate, many believe that Bitcoin and similar assets can outperform once growth re-accelerates or inflation cools down. At the current inflation rate, Powell’s latest remarks keep crypto investors on edge. The silver lining is that Bitcoin’s supply is capped at 21M coins, positioning it as a hedge against inflation. While investors lose confidence in fiat currencies’ purchasing power during inflationary periods, capital often flows into scarce assets like $BTC. And as confidence in Bitcoin builds, newer related projects like Bitcoin Hyper ($HYPER) are positioned to soar. This presale’s momentum already reflects strong investor appetite for $BTC-linked growth plays. Bitcoin Hyper ($HYPER) – Expanding Bitcoin’s Ecosystem with a Layer-2 & Smart Contracts Bitcoin Hyper ($HYPER) is a high-throughput Bitcoin Layer-2 (L2) that integrates the Solana Virtual Machine (SVM) for low-latency execution and smart contract integrations. Its decentralized canonical bridge enables seamless $BTC transfers between the Bitcoin L1 and the Hyper L2, where it unlocks access to DeFi, NFT marketplaces, and high-throughput dApps – all paid for using wrapped $BTC. $HYPER is the all-in-one juice for this ecosystem, fueling gas, staking, and governance. When the DAO goes live in Q1 2026, $HYPER will also be used to reward liquidity providers, validators, and developers on the same grind. Until then, the presale is still ongoing, with the token launch date set in Q4, 2025. This is prime entry time to enjoy early access to $HYPER before major exchange listings, with front-row seats to 69% staking rewards and whitelist access as soon as the mainnet goes live. Bitcoin Hyper has already raised $16.5M+ in its presale, with the token now selling for $0.012935. The subsequent $HYPER price rise comes in less than 22 hours. Today’s entry price sits just below the listing price of $0.012975, giving early birds an edge. At this price level, a $100 investment today could secure you roughly 7,729 $HYPER tokens. With our Bitcoin Hyper price prediction forecasting a $0.02595 high by the end of 2025, your $100 investment could double in value due to price appreciation alone. Add in the 69% staking APY, and your bag compounds to roughly $339 by year-end — a 239% ROI. This makes $HYPER one of the best crypto to stake. However, note the staking APY is dynamic and could go down soon if more investors lock in their tokens. With our analysts projecting a 2x growth by 2025 and 6.6x in 2026, a timely entry could mean a nice potential profit as the ecosystem expands in Q1 next year. Join the $HYPER presale for the lowest price today. This is not financial advice. Please do your own research before investing in cryptocurrencies. Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/bitcoin-could-pump-after-rate-cut-bitcoin-hyper-rally/

Looking at the crypto market today, there’s a real excitement around the FOMC rate cut, the 25 basis points that becomes news headlines everywhere in a mostly positive way as BTC is dancing around 117K USD, ETH is just above 4.5K USD, creeping up about 0.7% in the last day, while XRP is trading close to 3.07, enjoying a 1.6% gain against. If history is any guide, similar rate cuts usually spark 20–30% gains for high-risk assets over the next few weeks. So yes, there’s cause to be mildly excited. bitcoinPriceMarket CapBTC$2.34T24h7d1y Altcoins are getting attention now that the easing has landed. Data from TradingView shows total crypto market cap rising, suggesting some capital is rotating out of BTC ▲0.50% and into high-risk plays. (source – TradingView) SOL ▲4.06% is up to 244 USD, gaining 3.2% today, helped by DEX volumes that climb to about $2.5B daily per DeFiLlama, a 5% jump since the cut and about 26% this week. (source – DefiLlama) BNB ▲5.04%, on the other hand, is with a nice round number, at 1,000 USD, just as this article is being written. Its BSC TVL is at $7.8B, up by almost10% this week. These are the foundations of stronger sentiment across crypto. bnbPriceMarket CapBNB$149.38B24h7d1y DISCOVER: Top 20 Crypto to Buy in 2025 Today Crypto Market News Roundup: BTC, ETH, XRP Ready for Moon as Rate Cut Brings Stronger USD Here’s where things are headed. According to CoinGlass, open interest for BTC USD is about $85B, and long positions dominate in liquidations since the cut, a pattern we’ve seen in past ramps. (source – CoinGlass) ETH USD is supported by Layer‑2 TVLs (via DeFiLlama https://defillama.com/chain/ethereum) exceeding $40B, and ETF inflows pushing over $1.2B weekly. XRP may gain institutional credibility as its CME options pick up steam with doubled volume, now around USD 15B. Could BTC USD slip under $115,000 briefly? Sure. But with signals from the Fed hinting at perhaps two more cuts this year, bullish pressure remains. The overall DeFi total market cap is $4.2B, a huge number considering it against the traditional market. (source – CoinGecko) If things break well, XRP might test 3.20 USD, with BTC, ETH, and SOL leading. Optimistically, September will end on a strong note, even if there are a few dips along the way. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates 6 minutes ago Memecore and EIGEN Price Blasts 20%: Is BTC Layer 2 Next 100X Crypto? By Akiyama Felix The hunt for the next 100x crypto intensified today as traders digested Federal Reserve Chair Jerome Powell’s 25bps rate cut, a move that has fueled bullish sentiment across risk markets. Crypto reacted almost instantly, with Memecore and EigenLayer both surging more than 20% higher in the past 24 hours, sparking a fresh wave of speculation about where smart money will next rotate. While Bitcoin reclaimed $117K, history shows the biggest returns don’t come from BTC itself but from smaller-cap tokens building innovative ecosystems around it. With monetary policy easing and liquidity returning, traders are now asking: could a Bitcoin Layer 2 project deliver the next crypto to 100x as new capital floods into the market? Read the full story here. The post Latest Crypto Market News Today, September 18: FOMC Rate Cut Aftermath, BTC, ETH, XRP, and Solana Stable as BNB Close to 1K USD 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

As the overall market continues to move sideways, Bitcoin (BTC) is attempting to reclaim its local range highs as support. After short-term volatility, fueled by the Federal Reserve’s (Fed) rate cut, the cryptocurrency could be poised to close the month on a positive note. Bitcoin Nears Multi-Month Bullish Run On Wednesday, Bitcoin retested the $117,000 resistance for the first time in nearly a month before being rejected. The cryptocurrency has been hovering between the $107,000-$116,000 levels since late August, falling to the local lows at the start of September. Amid the retracement, investors expected to see another “Rektember,” as it has historically been one of BTC’s weakest months. Notably, CoinGlass data shows that BTC’s returns during September have mostly been red throughout the years, with an average negative return of 2.99%. However, the flagship crypto’s price has had a positive streak over the last two years, recording returns of 3.91% and 7.29% in 2023 and 2024, respectively. Analyst Crypto Jelle suggested that with less than two weeks of the month, Bitcoin appears to be setting up for a multi-month green run. Last week, BTC recovered from the early September dip, breaking out of the crucial $114,000 level and turning it into support during the weekend. As a result, the cryptocurrency currently has a positive return of 6.35%, its second-best September, according to the analytics platform. Jelle noted that “a green September has historically resulted in the next 2, 3, or even 6 consecutive months closing in the green too.” Based on this, he suggested that if Bitcoin keeps its positive performance for the rest of the month, “Q4 looks very promising for BTC.” BTC Retests Key Area Amid Volatility Analyst Rekt Capital pointed out that Bitcoin had a weekly Close above $114,000 and is retesting this area as support throughout this week’s pullbacks. This could lead to volatile downside wicks below this crucial level if this week’s close occurs above $114,000. On the contrary, failing to hold this level in the weekly timeframe could jeopardize BTC’s chances of a third price discovery uptrend. Overall, BTC needs to retest and hold $114k as support on the Weekly and any downside volatility below it would likely end up as a wick by the end of the week with the new Weekly Close. Multiple market watchers anticipated some volatility in the short term, as the Federal Reserve was expected to announce its first interest rate cut of the year. Altcoin Sherpa affirmed that “25bps is the expectation here” as “25 bps = Business as Usual but UP.” He added that this decision would likely result in a dip to the range lows or a choppy performance and “then higher in late Sept/ early October.” On Wednesday afternoon, the Fed lowered its rates by 25 basis points to a new range of 4.00% to 4.25%, marking the first rate cut since December 2024. “Recent indicators suggest that growth of economic activity moderated in the first half of the year. Job gains have slowed, and the unemployment rate has edged up but remains low. Inflation has moved up and remains somewhat elevated,” the Federal Open Market Committee (FOMC) announcement reads. BTC retested the $114,000 support and $116,000 resistance immediately after the announcement, before stabilizing around the $115,500 level.

The outcome of the Fed meeting was, as expected, a 0.25% rate cut. But, as I noted in the previous article, all the attention was on the central bank's published forecasts for key macroeconomic indicators through the end of this year and the next two years. It was precisely the forecasts, not the fact of the rate cut — which had already been priced into asset values — that gave significant support to the main beneficiary of this theme, which has been dominating the markets in recent weeks. First, let's look at the forecasts. The main point is that the Fed projects further rate cuts amid consumer inflation stabilizing around 3%. At the press conference, Chair Jerome Powell described the easing decision as "reducing risk management." He also made it clear that this reduction cannot, at least for now, be considered the start of a deeper rate-cutting cycle. In effect, the outcome of the meeting was not only a 0.25% cut — bringing the federal funds target range to 4.00–4.25% — but also an expectation of two more cuts before year-end. Naturally, this wave provided significant support to U.S. equities, with stock indices once again hitting fresh all-time highs. The U.S. dollar index fell locally to its June 30 low but later rebounded and is currently holding above the 97.00 mark. So the question arises: why didn't the dollar collapse against the basket of major currencies, given that rates were cut and more cuts are expected? This can only be explained by the weakness of the counterpart currencies traded against the dollar on Forex, due to the fragile state of their economies. In addition, one must account for the burdensome restrictions imposed by Donald Trump in the form of tariffs and obligations to finance the recovery of the U.S. economy. So what can we expect in today's markets? I believe demand for U.S. equities will continue to grow. The dollar will likely consolidate around just above 97 points on the index. The cryptocurrency market will remain in a broad sideways trend. Overall, I assess the market backdrop as moderately positive. Daily Forecast Gold (XAU/USD)Gold is correcting downward after reaching another all-time high. It is quite possible that, on the back of technical overbought conditions, after falling toward support at 3619.60, it may reverse and aim for 3700.00. A suitable entry level for buying gold could be around 1.1710. GBP/USDThe pair has found support near 1.3580. It may turn upward and, after a local technical pullback, rise toward 1.3750 on expectations of two more Fed rate cuts this year. A suitable entry level for buying could be around 1.3620. The material has been provided by InstaForex Company - www.instaforex.com

Asia Market Wrap - Choppy Trade as Markets Digest Fed Decision Most Read: USD/CAD Outlook: Head and Shoulder Pattern in Play as Fundamentals Provide Interesting Dilemma Global stock markets were unstable on Thursday after the US Federal Reserve announced its first interest rate cut of the year. Investors were left uncertain about the speed of future rate cuts because the Fed suggested it would take a cautious, step-by-step approach to further easing. Contracts for the S&P 500 advanced 0.5% while those for the Nasdaq 100 gained 0.7%, after the underlying benchmarks posted minor declines following the Fed’s decision. In Asia, a broad index of shares, the MSCI Asia-Pacific Index, fell by 0.1% due to declines in Australia and New Zealand. Meanwhile, Chinese stocks had a mixed day, moving between gains and losses. In contrast, shares in South Korea jumped 0.8%, Taiwan's shares rallied 0.4%, and Japan's Nikkei 225 index added 1%. Tomorrow we have the BoJ meeting. For more information on the meeting and the impact on USD/JPY, read Bank of Japan (BoJ) Meeting Preview: Maintaining the Status Quo. Implications for USD/JPY European Open - European Shares Edge Higher On Thursday, European stocks went up slightly after the Federal Reserve's first interest rate cut since December 2024. The overall European STOXX 600 index rose by 0.5% with widespread gains across different sectors. In Denmark, Novo Nordisk's shares increased by 2.6% after new data showed that an experimental pill version of its drug, Wegovy, helped people lose 16.6% of their weight in a study. This was a better result than what was seen in previous studies of the injectable version of the drug. On the other hand, the SIG Group, a Swiss packaging company, saw its shares drop by 20% and trading was temporarily stopped after the company warned that its 2025 profit would be lower than expected and that it was suspending its cash dividend. Additionally, British fashion retailer Next lost 5.5% of its share value. This happened after the company announced it expects sales growth in the UK to slow down in the second half of the year, which overshadowed its report of a 13.8% profit increase in the first half. On the FX front, the US dollar went up on Thursday, continuing its recent rebound. This happened as traders tried to understand the Federal Reserve's cautious approach to future interest rate cuts. The dollar had initially fallen to its lowest point since February 2022 immediately after the Fed's announcement but then bounced back strongly. Elsewhere, the New Zealand dollar fell sharply after new data showed the country's economy shrank much more than expected in the second quarter. This has led to speculation that there will be more significant interest rate cuts this year. The Australian dollar also weakened after Australia's employment numbers unexpectedly dropped in August. After its initial drop, the dollar index climbed as much as 0.44% on the day to 97.074, and continued to rise on Thursday to 97.163. The euro slipped 0.2% to $1.1791, after briefly jumping to its highest level since June 2021 on Wednesday in an immediate reaction to the Fed's news. The British pound also eased by 0.2% to $1.3604, after briefly leaping to its highest point since July 2. The US dollar went up by 0.2% against the Japanese yen, reaching 147.245 yen in the latest trading session. This happened after it had initially weakened as much as 0.67% to its lowest point since July 7, before quickly bouncing back. Currency Power Balance Source: OANDA Labs Oil prices went down for the second day in a row on Thursday. This happened after the US Federal Reserve cut interest rates as expected. Traders were focused on concerns about the US economy and the risk of too much oil supply. Brent crude futures fell by 26 cents, or 0.38%, to $67.69 per barrel. US West Texas Intermediate futures dropped by 28 cents, or 0.44%, to $63.77 per barrel. For more information on Oil, please read WTI Oil Rallies 1% After Ukrainian Attacks on Russian Oil Facilities, Russia Sanction Calls Grow On Thursday, gold prices continued to fall. This happened because the US dollar became stronger after the Federal Reserve cut interest rates by a quarter of a percent, as expected, and hinted that it would be cautious about making any further policy changes. Spot gold fell by 0.6% to $3,637.41 per ounce, after reaching a record high of $3,707.40 on Wednesday. US gold futures for December delivery also slipped by 1.2% to $3,671.30.. For more information on Gold, read Gold (XAU/USD) Soars to Breach $3700/oz. FOMC Meeting Next, Will the Rally Continue? Bank of England (BoE) Meeting and Final Thoughts Looking at the economic calendar, the biggest event of the day will be the Bank of England policy meeting. The Bank of England is expected to keep interest rates at 4%. According to LSEG data, markets are pricing in around 97.2% probability that rates will remain at 4%. This is supported by official figures from Wednesday, which showed that British inflation was 3.8% in August. This number has made investors more confident that the central bank is unlikely to cut rates again very soon. However, a survey of economists by Reuters conducted earlier this month found that they still expect one more rate cut before the end of the year. There is also a meeting between US President Donald Trump and UK Prime Minister Keir Starmer as well as a press conference. Whether there will be any updates on trade agreements remains to be seen and if there is it could shake up markets. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Chart of the Day - DAX Index From a technical standpoint, the DAX is bouncing this morning and is trading up around 0.9%. If the daily candle can close at current levels or higher that could be seen as a morningstar candlestick formation, which would set the index up for further gains. A candle close on the daily timeframe above the 23750 handle will be needed for a change in structure which would further enhance the probability of further upside. Looking at the RSI period-14 and it is approaching the 50 handle. with a break above leading to a shift in momentum. Beyond the 23750 handle resistance is provided by 20 and 100-day MAs which rest at 23824 and 23922 respectively. Support for now rests at 23471 and 23212 respectively. DAX Daily Chart, September 18. 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.

US-based crypto exchange Coinbase has made a significant appeal to the Department of Justice (DOJ) regarding a wave of lawsuits aimed at its operations. The company is urging federal action to address what it describes as an “increasingly fragmented and hostile” regulatory landscape for the crypto market. Coinbase Urges Federal Action In a recent letter, Coinbase highlighted the steps taken by the current Administration to create a more equitable framework for digital asset regulation. This includes the introduction of stablecoin legislation and two pending bipartisan market-structure bills aimed at fostering uniformity in the oversight of cryptocurrencies. Coinbase argues that these initiatives have begun to mitigate the adverse effects of the previous Administration’s enforcement-driven regulatory approach. However, the company warns that certain states are perpetuating this problematic trend by adopting “expansive and flawed” interpretations of securities laws and implementing new licensing requirements that undermine the federal government’s pro-innovation stance. They make an example with the Oregon Attorney General, who has filed a lawsuit against Coinbase, claiming that many digital assets traded on its platform qualify as alleged unregistered securities. The letter affirms that the suit not only targets Coinbase but also encourages other states to address what the Attorney General perceives as a regulatory gap left by federal authorities. Similarly, the New York Attorney General has initiated legal action to regulate transactions involving digital assets based on decentralized protocols as securities, further complicating the regulatory environment. Coinbase has faced cease-and-desist orders from four states, which demand the company halt its retail staking services. These orders are deemed by Coinbase as “legally unfounded and inconsistent.” Unified Framework For Digital Assets In light of these challenges, the letter to the DOJ calls for urgent federal intervention to establish broad preemption provisions. The crypto exchange argues that preemption has historically been an effective tool for addressing state interference in national markets, referencing past Congressional actions. Coinbase contends that the current patchwork of state regulations not only disrupts market efficiency but also leads to unequal access to cryptocurrency services based on geographic location. To remedy these issues, Coinbase advocates for Congress to adopt legislation that would exempt federally regulated digital assets from state blue-sky laws and clarify that state licensing requirements do not apply to crypto intermediaries. Additionally, the company urges the SEC to expedite rulemaking and provide clearer guidance on why digital asset transactions and services, including staking, should not be classified as securities. Such clarity would help prevent states from imposing conflicting regulations based on their interpretations of securities laws. Featured image from Shutterstock, chart from TradingView.com

In a situation of two-sided risks, there is no risk-free path. Treat the rate cut as a reduction in risk management. How should risky assets have reacted to Jerome Powell's rhetoric? Correct — with a roller coaster ride! Stocks initially surged, then plunged, but by the close of the trading session managed to recover their lost positions. The "bulls" lined up to buy the dip in the S&P 500 and were rewarded. After a nine-month pause, the Fed resumed its cycle of monetary easing. Markets expected this, but the fact that the FOMC forecasts pointed to two more federal funds rate cuts by the end of the year became a rally catalyst. Then came the classic "sell the fact after buying the rumor," and the S&P 500 sank to a weekly low. FOMC Rate Forecasts The broad stock index was disappointed to see only one dissenter within the Committee — Stephen Mirran. What about Trump's earlier appointees, Christopher Waller and Michelle Bowman? Did they lose the beauty contest? The grand prize could have been the Fed chairmanship. Was the S&P 500 also upset that the September forecasts from FOMC officials included just two acts of monetary easing in 2025, one in 2026, and another in 2027? That implies a federal funds rate cut of 100 bps to 3.25%, not below 3% as the market had hoped — and not as quickly. In reality, there is no reason to despair. History shows that over the past 50 years, when the Fed lowered borrowing costs while the S&P 500 stood within 1% of a record high, in 13 out of 16 cases the broad index rose over the following six weeks. Combined with a still-strong U.S. economy, the bulls' intent to buy the dip in the S&P 500 looks logical. In its updated projections, the Fed raised GDP growth estimates for 2025 from 1.4% to 1.6% and for 2026 from 1.6% to 1.8%. The forecast for core inflation at year-end remained unchanged at 3.1%. Performance of U.S., European, and Chinese Stock Indexes The U.S. stock market looks solid and draws far more attention than its competitors. Despite gains in Chinese and European indexes, investors remain cautious on Asia due to the gradual effects of U.S. tariffs on exports and economies. In Europe, according to Goldman Sachs, there is skepticism regarding Germany's announced fiscal stimulus measures. Markets prefer to see implementation before committing. Thus, the continuation of the Fed's monetary easing cycle and weaker rivals allow the S&P 500 to look forward to an extended rally. Technically, on the daily chart, a doji bar with a long lower shadow was formed. More likely than not, the S&P 500 will move in the opposite direction of that shadow — upward. Therefore, a breakout above the doji bar's high near 6,625 will serve as a signal to increase previously established long positions from 6,570. The material has been provided by InstaForex Company - www.instaforex.com

During the Asian session, Bitcoin stopped just one step away from the 118,000 mark, although only yesterday, after the Federal Reserve's rate decision, BTC had updated the level of 114,800. Several factors drive this sharp rally: the continued inflow of institutional investors, rising interest from retail traders, and the Fed's ongoing monetary easing. Institutional players, who had previously shown caution, are likely to keep building positions in Bitcoin now that the Fed has confirmed its dovish stance, viewing BTC as a hedge against inflation and instability in traditional financial markets. Before the Fed's decision, the average daily BTC purchases by public companies stood at 1,428 BTC, the lowest since May this year. But after yesterday's meeting, this could change. Renewed demand may push BTC above 118,000, a key level separating the market from the path toward its all-time high near 124,500. However, if the price fails to hold above that barrier soon, a move down toward 100,000 will be almost guaranteed. With plenty of time before the Fed's October meeting, the market still has room to revisit 100K ahead of the next rate cut. For the intraday strategy, I will continue to rely on buying major dips in BTC and ETH, expecting the bullish market trend to extend in the medium term. For short-term trading, here are the scenarios: BitcoinBuy ScenarioScenario #1: I plan to buy Bitcoin today at an entry point near 117,400, targeting 119,200. Around 119,200, I will exit long positions and immediately sell on the rebound. Before buying on a breakout, make sure the 50-day moving average is below the current price and the Awesome Oscillator is above zero.Scenario #2: Buying is also possible from the lower boundary at 116,700 if there is no market reaction to its breakout, with upside targets at 117,400 and 119,200.Sell ScenarioScenario #1: I plan to sell Bitcoin today at an entry point near 116,700, targeting 115,100. Around 115,100, I will exit shorts and immediately buy on the rebound.Before selling on a breakout, make sure the 50-day moving average is above the current price and the Awesome Oscillator is below zero.Scenario #2: Selling is also possible from the upper boundary at 117,400 if there is no market reaction to its breakout, with downside targets at 116,700 and 115,100. EthereumBuy ScenarioScenario #1: I plan to buy Ethereum today at an entry point near 4,576, targeting 4,664. Around 4,664, I will exit long positions and immediately sell on the rebound.Before buying on a breakout, make sure the 50-day moving average is below the current price and the Awesome Oscillator is above zero.Scenario #2: Buying is also possible from the lower boundary at 4,537 if there is no market reaction to its breakout, with upside targets at 4,576 and 4,664.Sell ScenarioScenario #1: I plan to sell Ethereum today at an entry point near 4,537, targeting 4,460. Around 4,460, I will exit shorts and immediately buy on the rebound.Before selling on a breakout, make sure the 50-day moving average is above the current price and the Awesome Oscillator is below zero.Scenario #2: Selling is also possible from the upper boundary at 4,576 if there is no market reaction to its breakout, with downside targets at 4,537 and 4,460.The material has been provided by InstaForex Company - www.instaforex.com

The U.S. dollar initially lost ground against risk assets but quickly regained its position after Fed Chair Jerome Powell's speech. Yesterday, the Federal Reserve cut interest rates by a quarter point. At first, the euro and the pound reacted with gains, but without clear hints from Powell on further aggressive rate cuts this year, the dollar sharply rebounded. The market had expected a stronger signal confirming the Fed's readiness to ease monetary policy. The lack of firm commitments disappointed traders who had counted on more aggressive measures to stimulate the economy. Uncertainty about the Fed's next steps pushed investors toward the dollar, traditionally seen as a safer asset in times of economic instability. Going forward, much will depend on the upcoming macroeconomic data. If inflation growth remains under control while the pace of economic expansion slows, the Fed may be forced to revisit the issue of additional rate cuts. Otherwise, maintaining current levels could become the central bank's priority. Today, the ECB's current account balance data and a speech by ECB President Christine Lagarde are expected. Traders will scrutinize any hints of a policy shift, though it is possible Lagarde will avoid the topic altogether. Overall, short-term prospects for the euro remain uncertain. For sustainable growth, the single currency will require supportive macroeconomic data and clear signals from the ECB on economic support. Without this, pressure on the euro may persist. As for the pound, the Bank of England will announce its key rate decision and release its monetary policy summary in the first half of the day. The British currency remains under pressure from concerns over the country's economic outlook. Inflation continues to rise above the target level, while growth momentum remains weak. Most economists expect the central bank to keep rates unchanged today. However, any hints at potential monetary easing could trigger a short-term sell-off in sterling. If the data matches economists' expectations, the Mean Reversion strategy is preferable. If the figures deviate significantly from forecasts, the Momentum strategy should be applied. Momentum Strategy (Breakout):EUR/USDBuy on a breakout above 1.1805, targets 1.1830 and 1.1870. Sell on a breakout below 1.1780, targets 1.1750 and 1.1725. GBP/USDBuy on a breakout above 1.3612, targets 1.3635 and 1.3667. Sell on a breakout below 1.3585, targets 1.3555 and 1.3525. USD/JPYBuy on a breakout above 147.45, targets 147.72 and 148.03. Sell on a breakout below 147.25, targets 147.00 and 146.70. Mean Reversion Strategy (Pullbacks): EUR/USDLook for selling opportunities after a failed breakout above 1.1833 and return below this level. Look for buying opportunities after a failed breakout below 1.1780 and return above this level. GBP/USDLook for selling opportunities after a failed breakout above 1.3636 and return below this level. Look for buying opportunities after a failed breakout below 1.3585 and return above this level. AUD/USDLook for selling opportunities after a failed breakout above 0.6660 and return below this level. Look for buying opportunities after a failed breakout below 0.6615 and return above this level. USD/CADLook for selling opportunities after a failed breakout above 1.3799 and return below this level. Look for buying opportunities after a failed breakout below 1.3765 and return above this level. The material has been provided by InstaForex Company - www.instaforex.com

Trade Review and Advice on Trading the Japanese YenThe test of 146.17 occurred when the MACD indicator had just started moving downward from the zero line, confirming the correct entry point for selling the dollar. As a result, the pair fell by more than 40 pips. Yesterday's Fed decision to cut rates led to a temporary strengthening of the yen, but then demand for the dollar returned. The initial market reaction to the Fed's rate cut was predictable: the yen, traditionally seen as a safe-haven asset, strengthened. The key factor behind the subsequent reversal was the absence of clear signals from the Fed regarding future monetary policy. Traders hoping for stronger statements about continued easing did not receive them. In addition, Japan's own macroeconomic indicators and the Bank of Japan's policy continue to play an important role in yen dynamics. This morning, a weak report on machinery and equipment orders was released. The figure dropped sharply by 4.6%, weakening the yen against the U.S. dollar. This came as an unpleasant surprise for Japan's economy, which is already facing difficulties such as stagnant domestic demand and increased competition from other Asian countries. Analysts attribute the decline in orders to several factors: global economic uncertainty due to trade wars and geopolitical risks, as well as weak domestic demand caused by declining consumer confidence. As for the intraday strategy, I will focus more on implementing scenarios #1 and #2. Buy ScenarioScenario #1: I plan to buy USD/JPY today if the entry point around 147.66 (green line on the chart) is reached, targeting 148.70 (thicker green line). At 148.70, I intend to exit longs and immediately open shorts in the opposite direction, aiming for a 30–35 pip pullback. It is best to return to buying the pair on corrections and significant dips in USD/JPY. Important: Before buying, make sure the MACD indicator is above the zero line and just starting to rise from it. Scenario #2: I also plan to buy USD/JPY if the price tests 147.18 twice in a row while the MACD is in oversold territory. This will limit downside potential and trigger an upward reversal—expected targets: 147.66 and 148.70. Sell ScenarioScenario #1: I plan to sell USD/JPY only after breaking below 147.18 (red line on the chart), which should lead to a rapid decline. The key target for sellers will be 146.20, where I intend to exit shorts and immediately open longs in the opposite direction, aiming for a 20–25 pip rebound. It is always better to sell from higher levels. Important: Before selling, make sure the MACD indicator is below the zero line and just starting to decline from it. Scenario #2: I also plan to sell USD/JPY if the price tests 147.66 twice in a row while the MACD is in overbought territory. This will cap the upside potential and trigger a reversal downward—expected targets: 147.18 and 146.20. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade Review and Advice on Trading the British PoundThe test of 1.3660 occurred when the MACD indicator had already moved far above the zero line, which limited the pair's upside potential. For this reason, I did not buy the pound. The Fed's decision to cut rates initially strengthened the pound, but demand for the dollar quickly returned. The market had expected more decisive action from the regulator, possibly clearer signals of further rate cuts in the near future. The absence of such guidance triggered a reassessment of risks and a return to more conservative strategies. The dollar, as a traditional safe-haven asset, once again drew investor interest amid concerns about global economic growth prospects. Today, in the first half of the day, the Bank of England's decision on the key interest rate and the monetary policy statement will be released. The central bank's likely maintenance of the current stance is unlikely to provide significant support for the pound. Ongoing concerns about the state of the British economy continue to weigh on the national currency. Most experts believe the central bank will leave the rate unchanged due to persistent risks. Market reaction, however, will depend on the BoE's rhetoric. If it expresses concern about inflation and signals readiness for a prolonged wait-and-see stance, the pound may receive temporary support. Otherwise, if the Bank takes no measures and provides no forward guidance, pressure on the pound could intensify. As for the intraday strategy, I will focus more on implementing scenarios #1 and #2. Buy ScenarioScenario #1: I plan to buy the pound today if the entry point around 1.3611 (green line on the chart) is reached, targeting 1.3667 (thicker green line). At 1.3667, I intend to exit longs and immediately open shorts in the opposite direction, aiming for a 30–35 pip pullback. A strong continuation of pound growth can be expected only in line with the ongoing upward trend. Important: Before buying, make sure the MACD indicator is above the zero line and just starting to rise from it. Scenario #2: I also plan to buy the pound if the price tests 1.3578 twice in a row while the MACD is in oversold territory. This will limit the downside potential and trigger an upward reversal. Targets will be 1.3611 and 1.3667. Sell ScenarioScenario #1: I plan to sell the pound after breaking below 1.3578 (red line on the chart), which should lead to a rapid decline. The key target for sellers will be 1.3524, where I intend to exit shorts and immediately open longs in the opposite direction, aiming for a 20–25 pip rebound. Sellers will step in if the BoE takes a very dovish stance. Important: Before selling, make sure the MACD indicator is below the zero line and just starting to decline from it. Scenario #2: I also plan to sell the pound if the price tests 1.3611 twice in a row while the MACD is in overbought territory. This will cap the upside potential and trigger a reversal downward—expected targets: 1.3578 and 1.3524. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com