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Solana’s token moved into the spotlight this week as reports tied renewed upward pressure to heavy buys by major players. Traders and on-chain watchers noticed large transfers off exchanges and a rise in holding activity. That flow has pushed Solana into a fresh bout of attention from investors who watch big-wallet moves. Galaxy Digital Buying Spree According to reports, Galaxy Digital has been one of the most active buyers, taking on more than $1 billion in SOL in recent days. Transfers out of exchange addresses and into private wallets were flagged by researchers. Reports have disclosed that this type of accumulation often removes supply from the market, at least temporarily, and can leave prices more sensitive to new demand. Technical Support Holds Near Key Levels Traders pointed to a cluster of support around $220–$230. That zone matters because it was a barrier that, once cleared, turned into a floor for buyers to defend. Short squeezes were also observed, where traders betting against SOL were pushed to close positions. Volume spiked on some of the upward moves, which made runs sharper, and that can speed up both gains and corrections. Bullish Forecasts Vary Widely Based on reports from market commentary, the range of price forecasts now stretches far. Some analysts put nearer-term targets at $250 or $300 if buying continues and technicals hold. More optimistic scenarios, often framed as longer-term or best-case outcomes, extend the outlook to $350–$450. A claim that SOL could reach $460 has circulated in some corners, but clear public backing for that exact figure appears limited in mainstream outlets. What $460 Would Require For SOL to climb toward $460, a chain of events probably needs to align. Large and sustained institutional inflows would help, and the creation or expansion of SOL treasuries could remove more tokens from circulation. Regulatory clarity or the launch of regulated products that let big pools buy SOL safely would widen the buyer base. Finally, stronger real-world use on the Solana chain — more transactions, apps, and revenue — would add a fundamental argument for much higher valuations. Time also matters; even strong bull cases often play out over many months. Risks And What To Watch Market participants warned that risks remain. If macro conditions tighten, or if network problems reappear, any rally can be cut short. Overbought readings on some indicators suggest a pullback is possible before further gains. Watch exchange flows, whether large wallets keep withdrawing SOL, and whether the $220–$230 band holds. Those signals should tell traders a lot about the likely next leg. Featured image from Shutterstock, chart from TradingView

The GBP/USD currency pair surged briskly on Monday. No significant events were scheduled in either the UK or the US that day, so a typical "quiet Monday" was expected. However, the market decided otherwise. On Wednesday evening, the Federal Reserve will announce the results of its meeting, followed by the Bank of England on Thursday afternoon. We have repeatedly noted that the dollar once again faces highly unfavorable conditions for another decline. Let's discuss this in more detail. The first step is to open the daily timeframe. It is clear that the British currency rallied strongly in the first half of 2025, something not seen with the pound for several years, if not longer. After that, a correction began, lasting no more than a month. During this period, the price corrected moderately, testing the Senkou Span B line, as well as the 38.2% Fibonacci retracement level. Thus, two strong technical signals of a resumed uptrend were received. The second important factor is that the price managed to extend a new upward move. All Ichimoku indicator lines were breached, confirming the resumption of the trend. The third and most crucial factor is the fundamental background. If the US dollar was already falling sharply when Fed rates were steady and the BoE was cutting, what can be expected if the Fed cuts rates while the BoE holds steady? Added to this is complete uncertainty regarding the future of Fed monetary policy, as it now largely depends on Donald Trump, who wants to see rates 3% below their current level. Although Trump has not yet managed to force the Fed into an "ultra-dovish" stance, it remains unclear when and whether he will succeed in reshaping half of the FOMC as he seems to intend. If he does, rates could fall toward 1%. If not, this could serve as a "lifeline" for the dollar, which in that case would at least decline moderately rather than plummet like a 24-pound cannonball dropped from a tall building. As for the BoE, its decisions in the near term will naturally be tied to inflation. UK inflation has already surged to 3.8% annually, twice the level of a year ago. If inflation has been rising steadily for a year, this is not simply a "spike caused by Trump's tariffs." The UK was the first to sign a trade deal with the US president, so tariffs should have affected it only slightly. Nevertheless, inflation began accelerating well before Trump took office, making it a clear trend. If inflation has been climbing for a whole year, it could continue, something we may learn on Wednesday. Should inflation rise again, the next round of monetary easing will not occur anytime soon. For the pound, this presents an excellent opportunity to strengthen further while the conditions are favorable. The average volatility of GBP/USD over the past five trading days stands at 69 pips, considered "average" for the pair. On Tuesday, September 16, we therefore expect movement within a range bounded by 1.3537 and 1.3675. The linear regression channel's upper band is pointing upward, indicating a clear bullish trend. The CCI indicator once again dipped into oversold territory, warning of trend resumption. Nearest Support Levels:S1 – 1.3550 S2 – 1.3489 S3 – 1.3428 Nearest Resistance Levels:R1 – 1.3611 R2 – 1.3672 R3 – 1.3733 Trading Recommendations:The GBP/USD pair is once again aiming to continue its uptrend. In the medium term, Trump's policies will likely keep pressuring the dollar, so no dollar strength is expected. Thus, long positions with targets at 1.3611 and 1.3672 remain highly relevant while the price is above the moving average. If the price falls below the moving average, small short positions may be considered on purely technical grounds. The US currency occasionally shows corrections, but sustainable trend growth would require clear signs of an end to the global trade war or other major positive drivers. Chart Elements Explained:Linear regression channels help determine the current trend. If both channels point in the same direction, the trend is strong.The moving average line (settings 20,0, smoothed) indicates the short-term trend and trade direction.Murray levels serve as target levels for moves and corrections.Volatility levels (red lines) are the likely price channel for the next day, based on current volatility readings.The CCI indicator: dips below -250 (oversold) or rises above +250 (overbought) mean a trend reversal may be near.The material has been provided by InstaForex Company - www.instaforex.com

On Monday, the EUR/USD pair continued to move higher within the trend that has developed over recent weeks. The upward move is still modest but entirely consistent with the general character and pace of the market. The question of why the dollar is falling again, even though there were no reasons for it on Monday, should not even arise. On Wednesday evening, the Federal Reserve will almost certainly decide to cut the key rate, and for the market, this factor is like a red rag to a bull. The factor of Fed monetary policy easing has been priced in by the markets for a long time, back when U.S. inflation first began to slow. For a while, we believed this factor had been priced in "in advance," and even excessively so. However, conditions and circumstances in 2025 have changed dramatically. Now the dollar requires only fairly formal reasons to decline. A Fed rate cut is not merely a formal reason but a very real one. The market also does not currently understand what the outlook for monetary policy will be through the end of 2025 and into next year. The fact that the Fed is prepared to cut rates twice is as clear as day. But what happens next? It's not only about the weakness of the U.S. labor market anymore. The key issue is that Donald Trump is pressuring the Fed almost daily. For example, over the weekend, he once again demanded a rate cut, and not by "a meager 0.25%." If Trump were only making demands, perhaps this wouldn't be such a troubling factor for the dollar. But Trump is not just demanding; he is trying to remove all FOMC members who refuse to vote for a cut. Adriana Kugler left her post under strange circumstances at the end of the summer. Trump has already "fired" Jerome Powell about five times. Recently, the U.S. president dismissed Lisa Cook without any authority or legitimate reason to do so—a move quickly overturned by the U.S. Supreme Court, which reinstated Cook in her position. But it doesn't matter who Trump has managed or failed to dismiss. What matters is that he is applying pressure on the Fed, and the market simply doesn't know how many more "players on the field" will be replaced. Powell will, in any case, step down in May 2026, leaving at least four "doves" on the FOMC. This means Trump only needs to replace a few more officials to secure control. Whether Trump succeeds in doing so will determine how the market trades the dollar in the coming year. If traders sense that Trump is close to victory over the U.S. central bank, dollar quotes will collapse at lightning speed, since the market will understand that rates will no longer depend on the Fed's dual mandate but on Trump's will, allowing him to shift them in any direction. For the first time, the Fed would become the "personal bank" of a U.S. president, and the very purpose of its existence would be lost, as it would no longer make independent decisions. Average volatility of the EUR/USD pair over the last five trading days as of September 16 is 63 pips, classified as "average." We expect the pair to move between 1.1706 and 1.1832 on Tuesday. The linear regression channel's upper band points upward, still indicating an uptrend. The CCI indicator entered the oversold zone three times, warning of a trend resumption. A "bullish" divergence was also formed, signaling growth. Nearest Support Levels:S1 – 1.1719 S2 – 1.1658 S3 – 1.1597 Nearest Resistance Levels:R1 – 1.1780 R2 – 1.1841 Trading Recommendations:The EUR/USD pair may resume its upward trend. U.S. currency remains under strong pressure from Trump's policies, and he has no intention of "stopping here." The dollar rose as much as it could (not for long, though), but now it seems time for another round of prolonged decline. If the price is below the moving average, small shorts with a target of 1.1658 can be considered on purely corrective grounds. Above the moving average line, long positions with targets of 1.1780 and 1.1832 remain relevant in continuation of the trend. Chart Elements Explained:Linear regression channels help determine the current trend. If both channels point in the same direction, the trend is strong.The moving average line (settings 20,0, smoothed) indicates the short-term trend and trade direction.Murray levels serve as target levels for moves and corrections.Volatility levels (red lines) are the likely price channel for the next day, based on current volatility readings.The CCI indicator: dips below -250 (oversold) or rises above +250 (overbought) mean a trend reversal may be near.The material has been provided by InstaForex Company - www.instaforex.com

On-chain data shows the XRP whales have participated in major distribution over the past two weeks, a sign that can be bearish for the asset’s price. XRP Whales Have Sold 160 Million Tokens Recently In a new post on X, analyst Ali Martinez has talked about the latest move from the XRP whales. The analyst has cited Santiment’s Supply Distribution indicator, which measures the total amount of the asset’s supply that a given wallet group as a whole is holding right now. Whales are defined as addresses carrying between 1 million and 10 million tokens of the cryptocurrency. At the current exchange rate, the range converts to about $2.99 million at the lower end and $29.9 million at the upper end. Thus, only the market participants with a substantial amount of capital fall in this range. These large investors can carry some degree of influence in the market, so their movements can be worth keeping an eye on. One way to do so is through the Supply Distribution. Now, here is the chart shared by the analyst that shows the trend in the Supply Distribution of the 1 million to 10 million XRP group over the last few months: As displayed in the above graph, the XRP whales took their supply to a high earlier in the month, but since then, these holders have participated in selling. Interestingly, most of this distribution came as the asset’s rally to the $3.1 level took place. This timing would imply that the whales were using the price surge as an opportunity to take profits and exit from the market. In total, these humongous entities have offloaded 160 million tokens of the cryptocurrency over the last couple of weeks, worth a whopping $486 million right now. The coin has declined since its high, and if selling from the whales continues, it’s possible that the drawdown may extend. From a technical perspective, however, XRP may actually be near a rebound, as Martinez has pointed out in another X post. The reason is that the Tom Demark (TD) Sequential has just given a reversal signal for the asset. The TD Sequential is an indicator that counts up candles of the same color in an asset’s price chart to identify points of trend exhaustion. Once nine candles are in, it signals that the earlier trend is over and a reversal may be about to occur. From the above chart, it’s visible that XRP has formed a TD Sequential signal with nine red candles on its 4-hour chart, suggesting a bullish turnaround could potentially take place next. XRP Price At the time of writing, XRP is floating around $3.02, down almost 1% over the last 24 hours.

XRP is trading close to $3 and has struggled to hold that level in recent sessions. According to a market analyst, a repeat of a past pattern tied to Bitcoin halvings could push XRP much higher, with a possible cycle top above $20 on Oct. 17, 2025. The timeline ties back to earlier halving cycles and a short lag that, she argues, has repeated before. Halving Dates And Follow-On Moves Based on reports, crypto expert Diana points to the 2016–2017 cycle as the clearest example. Bitcoin halved on July 9, 2016, and then reached a peak above $19,000 on Dec. 18, 2017 — 525 days later. XRP, she notes, followed with its high of $3.31 on Jan. 5, 2018, around 18 days after Bitcoin’s top. That sequence — Bitcoin first, XRP soon after — is central to her case. Losing Steam, Legal Pressure The pattern did not hold in the next cycle. Bitcoin halved on May 11, 2020, and then topped near $69,000 on Nov. 10, 2021, about 545 days later. XRP did not mirror that run. Reports show XRP hit $1.95 in April 2021, several months earlier than Bitcoin’s peak, after legal pressure and exchange delistings constrained its move. Diana describes that episode as a lost cycle for the token. Regulatory Clarity And Product Growth According to reports, the legal cloud around XRP eased after a July 2023 court outcome that cleared major parts of XRP’s past sales from being labeled as securities. Exchanges in the US resumed listings, and Ripple has been building out products like RLUSD and new payment corridors. Diana says those developments, together with multiple ETF filings, improve XRP’s chances this time. She puts forward three price scenarios: a modest run to $5–$7 if Bitcoin’s momentum is modest; a base case of $10–$15 assuming ETF inflows and stronger use cases; and a blow-off rally that could push XRP past $20 if big institutional liquidity arrives. XRP Forecasts Split: $12.25 Target Vs. Modest Growth Outlook Meanwhile, Geoff Kendrick of Standard Chartered expects XRP’s rally to continue, saying the token could take on a larger role in international finance. He also points to future XRP ETFs as a catalyst that could draw more investors. Kendrick places his price target at $12.25 by 2029, which would mean a 300%+ jump from today’s $2.95 and translate into annualized returns of about 43%. That outlook, however, is far from universal. Morningstar analysts forecast the broader crypto market to grow close to 10% per year through 2034, a rate in line with historical stock market performance. Featured image from Unsplash, chart from TradingView

The dust is settling over Hyperliquid’s stablecoin partner decision, and now 99Bitcoins analysts are dissecting what’s next for HYPE price. HYPE price consolidation was rocked this week as the fast-growing derivatives exchange Hyperliquid concluded its highly anticipated stablecoin tender, with users voting to select Native Markets as issuer of the new USDH token. supreme financePriceMarket CapHYPE$168.35K24h7d1y The decision, finalized on September 15 after a week-long bidding process, marking one of the most significant developments yet in the $160Bn stablecoin sector. A New Entrant Backed by Heavyweights: Will New Stablecoin Supercharge HYPE Price? Native Markets is a newly formed startup but arrives with heavyweight backing. It was co-founded by: Max Feige (himself an early Hyperliquid investor), Mary-Catherine Lader (another big hitter, the former president of Uniswap Labs and an ex-BlackRock executive), and finally Anish Agnihotri (former researcher at Paradigm). The firm will issue USDH through Bridge, the stablecoin infrastructure acquired by Stripe earlier this year in a $1.1Bn deal, with BlackRock managing treasury reserves initially. Over time, Fidelity and BNY Mellon are expected to join as custodians. On-chain asset management will be handled by Superstate, operating within Hyperliquid’s HyperEVM network. Revenue-Sharing: Hyperliquid Make a Direct Strike On Circle What sets the bid apart is Native Markets’ proposal to share 100% of stablecoin revenues with Hyperliquid traders and users. By contrast, Circle currently captures an estimated $225M annually from USDC usage on Hyperliquid without distributing revenue back to the platform’s community. This aggressive revenue-sharing model has raised expectations of a price war in stablecoins, one of crypto’s most lucrative markets. Stablecoins earn yield primarily from short-term Treasuries backing their issuance, indeed,Tether, Circle, and Paxos together reap billions annually from this structure. Since Hyperliquid users currently hold around $6Bn in USDC, representing roughly 8% of total USDC circulation. With USDH entering circulation, Circle risks a direct erosion of that share. This decision sidelines a strong roster of competitors, including Paxos, Ethena, BitGo, Frax Finance, and Agora. Some industry voices questioned whether Native Markets’ win was predetermined. Dragonfly Capital’s Haseeb Qureshi suggested the RFP “was a farce,” noting Native submitted its proposal almost immediately after the tender opened, while others required days to prepare. That speed raised speculation that the firm may have had advance knowledge of requirements. EXPLORE: Best Meme Coin ICOs to Invest in September HYPE Price Analysis: As Stablecoin Dust Settles, Will HYPE USDT Hit $60? As the dust settles over the stablecoin announcement, HYPE is currently trading at a market price of $53 (representing a 24-hour change of +0.5%). The modest upside move comes as HYPE price action stabilises in the aftermath of a short-lived sell-off following the announcement news – which saw HYPE drop -3% before recovering. These local moves sit within a wider consolidation structure on the high-time frame, as HYPE continues to redevelop its strength following a correction from the recent all-time high at $57. (Source – HYPEUSDT, TradingView) Yet, this is dominated by the sustained pressure of the ascendant trading channel, which has supported HYPE’s climb since May – and now suggests downside action could dominate in the weeks ahead. This is bolstered by the convergence of the 20DMA with lower support around the $49.5 price level, which would form a logical lower target for HYPE bulls. Furthermore, a glance at the RSI indicator reveals that downside sentiment still prevails, with the reading still overheated at 62 also adding to the bearish thesis. DISCOVER: Top Solana Meme Coins to Buy in 2025 The post Dust Settles Over HYPE Price After Hyperliquid Stablecoin Decision appeared first on 99Bitcoins.

As corporate treasuries are stacking Solana en masse, expert analysts at 99Bitcoins are highlighting an emerging SOL USD price signal – but what does Solana price prediction say? Solana (SOL) is drawing major corporate interest, with institutional moves echoing the buildup seen before past rallies. Analysts now suggest a $500 SOL USD price target could be within reach if current momentum holds. Nasdaq-listed Helius Medical Technologies announced a $500M private investment in public equity (PIPE) deal, with another $750M possible through warrants. The company plans to create a Solana treasury reserve and expand its holdings over the next one to two years. Helius also intends to stake and lend a portion of its SOL to generate yield while keeping risk moderate. Forward Industries has committed about $1.65Bn toward building its Solana-focused treasury. Public companies, including DeFi Development Corp, Upexi, and Bit Mining, have also boosted their exposure. DeFi Development’s treasury recently topped $400M after acquiring about 2.02M SOL. Upexi’s adjusted SOL per share metric has more than doubled, pushing the value of its holdings into the hundreds of millions. Solana Price Prediction: Why Are Analysts Targeting $1,250 for SOL in the 2025-26 Bull Run? Solana (SOL) is back in focus after analysts pointed to a large ascending triangle forming on its weekly chart. Analyst Captain Fabric highlighted the structure, which shows higher lows building against a firm resistance near $250. This kind of setup is often viewed as bullish. It suggests steady buying pressure, with investors willing to step in at stronger levels each time the price pulls back. The repeated tests of the $250 zone show sellers are being met with firm demand, raising expectations of an eventual breakout. At press time, SOL trades close to $233, just shy of its recent peak at $249.60. Analysts note this is the strongest push since February, when the token regained momentum after months of correction. solanaPriceMarket CapSOL$138.10B24h7d1y A confirmed weekly close above $250 would validate the ascending triangle and could set the stage for a sustained rally. The analyst has placed a long-term target of $1,250, based on the measured move projection from the pattern’s depth. Momentum indicators also support the bullish case, showing steady demand and resilience during recent dips. Solana remains in a consolidation phase for now, but the chart suggests that time is running out before a decisive move. If the breakout materializes, the coming months could see Solana establish itself as one of the leading assets of the 2025-26 cycle. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Could Solana Cross $500 If Liquidity and Momentum Hold? Solana’s rally has increased, climbing from a corrective low of $95.26 in April to recent highs near $250. (Source – X) The move signals a recovery after months of sideways trading. A breakout above the $210-$220 resistance zone has drawn attention, with trading volumes rising alongside the price. Key price levels now sit at $210.18 and $295.83, marking past highs that traders are watching closely. Analysts say a sustained close above $250 could pave the way for a retest of the $295 mark. Some have even suggested $1,000 as a long-term target if current momentum holds. According to Artemis, Solana posted more than $250M in stablecoin inflows over the past 24 hours. (Source – Artemis) This figure outpaces inflows on rival chains, while Ethereum, Arbitrum, and Aptos saw net outflows. Analysts view this liquidity as an early sign of rising activity in Solana’s DeFi ecosystem, helped by new decentralized autonomous treasuries (DATs) pushing capital into the network. Still, one piece is missing: a spot ETF. Some traders see the lack of such a product as a gap, while others believe its eventual arrival could provide another major catalyst. For now, the focus is on whether Solana can hold above $250 and push toward $295. A break beyond that resistance would lend weight to calls for a larger rally. However, the path forward will depend on market liquidity and broader risk conditions. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 The post Experts Call For $500 SOL USD: Corporate Treasuries Bid as Solana Signals Breakout appeared first on 99Bitcoins.

A closely watched derivatives strategist expects Bitcoin’s next major move to begin with a violent short squeeze, only to flip into a punishing “long trap” as October opens—a sequence he argues rhymes more with late-2023 than with the euphoric blow-offs of March and December 2024. In a thread posted on September 12 and expanded over the weekend, analyst Nik Patel (@cointradernik) said the current positioning backdrop “is less like March and Dec ’24 crossovers and more like Dec ’23,” warning that the market is set up for a “multi-week whipsaw going into early/mid Oct.” He added a specific liquidation map: “Give me $1.5bn in shorts liqs on the weekly and then $2.8bn of long liqs into Oct 7th pls.” What Is Different This Time For Bitcoin? What makes this setup different, in his view, is the balance between spot and derivatives flows and the breadth of basis trades. “Spot vol as % of total vol [is] lower here than prior crossovers for Others OI vs BTC OI (March ’24 and Dec ’24),” he wrote, arguing that if spot demand were truly in the driver’s seat “we should expect spot vol as a % of total vol to be higher not lower.” Instead, he sees “a combination of basis trade across a broader range of markets than just BTC & ETH but also more directional levered shorts than prior occasions,” with the immediate “upside risk… even greater for a short liq cascade first.” Funding, he noted, is “benign” relative to those earlier peaks. Real-time funding data broadly corroborate the “benign” characterization. Across major venues, BTC perpetual funding hovered close to flat in recent sessions—generally in the +0.005% to +0.01% per-8-hour range—well below the overheated prints typical of euphoric tops. That keeps the door open to a squeeze without the need to first unwind extreme long leverage. Sentiment, Nik argued, is still closer to “disbelief” than euphoria. He contrasted March 2024’s ETF frenzy and December 2024’s post-election optimism with today’s more skeptical tone, pointing to a still-elevated pool of sidelined capital. “Both prior crossovers had stablecoin dominance trough at 5% ish. We are currently at 6.1% — imo this is textbook disbelief/Sidelined September positioning,” he wrote. In his base case, that war chest ultimately fuels year-end risk-taking once the whipsaw plays out: “We will almost certainly get the positioning whipsaw and bear trap during that quarterly end & monthly open window of weakness, but there are a lot more stables ready to be deployed here into year-end.” In a self-aware aside, Nik even shared a machine-generated distillation of his view: “ChatGPT coming to a similar conclusion here after I fed all these charts in, idk if that inspires confidence or concern about my view though lol.” ChatGPT wrote: “Past crossovers: signaled end-phase altseason blowoffs, fueled by euphoric longs with no dry powder left. This crossover: signals pre-phase potential — leverage is already there, but it’s balanced/shorter, with capital still on the sidelines (stables). This is why the funding differential is so important: • High funding + low stables = top-like conditions. Low funding + high stables = squeeze-ready conditions.” Renowned crypto analyst CRG (@MacroCRG) consented: “Agree with him that a big short liq event is likely before a big long liq event still lots of positioning to unwind imo from ppl expecting a bearish September. In saying that, would like the coins to bounce soon, many are at/near key pivots.” As ever with path-dependent derivatives tape, the trigger matters. Nik cautioned that a “massive short liquidation event” in the coming week could flip the script if it invites “late longs” and spikes funding into October. But absent that sudden shift, his base case remains a two-step: an upside liquidation cascade that resets shorts, followed by a rug-pull on over-eager longs into the October 7 window. Traders watching for confirmation will focus on whether funding stays contained as price lifts, whether spot participation actually broadens rather than fades, and whether stablecoin deployment reduces the cash cushion he cites. At press time, Bitcoin traded at $114,852.

There are fewer than two days left before the Federal Reserve meeting, and the market expects a 25 basis point interest rate cut. The main intrigue, however, is Jerome Powell's speech. At the moment, it is safe to say - Powell did not bend to Donald Trump. No matter how much the Republican demanded that the Fed and Powell lower rates, no matter how many threats of layoffs and lawsuits were made, it was all in vain. Powell remains the small island of hope for investors, as they see the Fed maintaining its independence. Based on this, I expect Powell's rhetoric on Wednesday night to be as simple as possible. The Fed President will surely reiterate that the central bank will make decisions from meeting to meeting, guided only by economic data and mindful of both of its mandates. Therefore, I do not expect Powell to hint at the next round of monetary easing, which may not be perceived correctly by the market. Let me remind you that at this time, the futures markets are leaning towards the FOMC cutting rates three times before the end of the year. However, this scenario is different from the Fed's baseline scenario that has been broadcast since the beginning of the year. I believe it will be possible to make new rate predictions before the end of the year, following the September reports on the US labor market and unemployment. And also on inflation. If the labor market starts to recover, it will be limited to two rounds of easing. If the "cooling" continues, three rounds are possible. For the US dollar, both scenarios are practically no different. In the first case, the dollar will fall strongly; in the second case, it will fall, albeit not as strongly. In general, I am satisfied with any scenario; I expect only a decline in the US currency under any circumstances. I do not believe that the US Supreme Court, which is 65% Republican judges, will overturn Trump's duties. Perhaps only the Fed will defeat the US President, but even that is reason enough to doubt. The dollar is susceptible to every new geopolitical and political event, so I don't see on what basis the market could suddenly be interested in the dollar. Wave pattern for EUR/USD:Based on the analysis of EUR/USD, the instrument continues to build a bullish section of the trend. The wave structure still entirely depends on the news background linked to Trump's decisions, as well as the foreign and domestic policy of the new Administration. Trend targets may extend as far as the 25th figure. With the news background following its course, I continue to consider buying with initial targets around 1.1875, equivalent to the 161.8% Fibonacci extension, and higher. Wave pattern for GBP/USD: The wave structure for GBP/USD remains unchanged. We are dealing with a bullish, impulsive section of the trend. Under Trump, markets may face many more shocks and reversals that could significantly affect the wave structure. However, for now, the working scenario remains intact, and Trump's policy remains consistent. The targets of the bullish section of the trend are located around the 261.8% Fibonacci level. At this point, I expect further price increases within wave 3 of 5, with a target of 1.4017. Key principles of my analysis:Wave structures should be simple and clear. Complex structures are difficult to trade and often change.If you are not confident about market developments, it's better to stay out.One can never have 100% certainty about market direction. Always remember protective Stop Loss orders.Wave analysis can be combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

The European Union has heeded Trump's call for tariffs against China and India. Frankly, it's still hard to believe such measures will be taken, but anything is possible. Let me remind you that Donald Trump is prepared to impose additional duties of up to 100% against Beijing and New Delhi because they refuse to stop buying Russian oil and gas. According to the White House, countries purchasing energy from Russia are financing the Kremlin's war against Ukraine. To end the war, Moscow must be cut off from financial flows. The Kremlin, however, has repeatedly stated that Western sanctions and restrictions will have no effect. Moscow and Beijing are already discussing barter deals to exclude dollars and other currencies from settlements and bypass the SWIFT international payment system. Personally, I tend to believe that even if the U.S. and EU introduce new tariffs, they will not bring any progress in resolving the Russia–Ukraine conflict. In Washington and Brussels, however, officials believe they know what they are doing. For the EU, which itself continues to buy Russian oil (directly or indirectly), the main problem lies with Hungary and Slovakia, which lack access to alternative energy sources. These countries are therefore likely to block any tariffs against China and India. Hungarian Prime Minister Viktor Orban has already said he does not consider sanctions an effective lever of pressure on Russia. It is also worth noting that the U.S., as the initiator of such tariffs, does not want to impose them without EU participation. In other words, Washington wants joint action against China, India, and Russia—or even to "pull chestnuts out of the fire with Europe's hands." If things escalate, America is across the ocean, while Europe shares the same continent with the "big Eurasian trio." The question is whether the EU really needs this. For now, these geopolitical developments have had no impact on the currency market—but tariffs have not yet been introduced. I think they won't be, but the world seems to be entering a new round of global confrontation between West and East. Modern politicians either don't want to negotiate—or don't know how. Wave pattern for EUR/USD:Based on the analysis of EUR/USD, the instrument continues to build a bullish section of the trend. The wave structure still entirely depends on the news background linked to Trump's decisions, as well as the foreign and domestic policy of the new Administration. Trend targets may extend as far as the 25th figure. With the news background following its course, I continue to consider buying with initial targets around 1.1875, equivalent to the 161.8% Fibonacci extension, and higher. Wave pattern for GBP/USD: The wave structure for GBP/USD remains unchanged. We are dealing with a bullish, impulsive section of the trend. Under Trump, markets may face many more shocks and reversals that could significantly affect the wave structure. However, for now, the working scenario remains intact, and Trump's policy remains consistent. The targets of the bullish section of the trend are located around the 261.8% Fibonacci level. At this point, I expect further price increases within wave 3 of 5, with a target of 1.4017. Key principles of my analysis:Wave structures should be simple and clear. Complex structures are difficult to trade and often change.If you are not confident about market developments, it's better to stay out.One can never have 100% certainty about market direction. Always remember protective Stop Loss orders.Wave analysis can be combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

Singapore-based tech start-up Atomionics has received a $12.7 million Pre-Series A round to rapidly scale its quantum gravimetry sensors for mineral discovery, which it says could cut costs and speed the development of projects. The round was led by Paspalis and includes BHP Ventures, In-Q-Tel, Wavemaker, VU Venture Partners, SG Growth Capital and Alex Turnbull, among others, the company said. In February, Atomionics partnered with Rio Tinto Exploration to test a quantum gravity sensor in mineral exploration. Atomionics’ Gravio device is a portable, basketball-sized sensor and works like a “virtual X-ray” for the Earth to identify what could lie beneath the ground without ever penetrating the earth or emitting any electromagnetic radiation. The quantum gravimetry technology enables high-resolution subsurface mapping at speeds up to ten times faster than conventional methods by combining ultra-sensitive quantum sensors with AI-driven interpretation, it said. Inside Gravio, atoms are cooled to extremely low temperatures and then released to fall. At such temperatures, atoms exhibit wave-like behavior rather than behaving strictly as particles. This wave-like nature enables the high-precision measurements that make the experiment possible, according to the company. “We’re taking a critical step towards scaling quantum-driven exploration at a country level,” Atomionics CEO Sahil Tapiawala said in a news release. “The strategic capital from investors with an interest in both Australia and North America gives us a way to accelerate the deployment of our quantum gravity sensors.” We will further use this capital to use quantum sensors to help find copper, lithium and other critical minerals, providing the mining and energy industries with an unprecedented ability to locate and assess resources sustainably,” Tapiawala said. In Australia, Atomionics will expand nationwide with the strategic backing of Paspalis, establishing an office and building capabilities across the country. Early deployments and test-bedding opportunities are already underway in the Northern Territory on behalf of Paspalis. In North America, Atomionics said it will establish a US office to expand its capabilities, focusing on resource exploration and potential dual-use applications for both commercial and defence sectors. With backing from investors like In-Q-Tel, Atomionics said it will explore opportunities in national security and strategic resource applications, advancing both commercial and government partnerships. “Atomionics’ portable, high-resolution gravimetric sensor could unlock the ability to explore large areas of subsurface terrain quicker and more accurately than previously possible,” BHP’s Vice President Ventures Laurel Buckner said in the release. “Our investment in Atomionics supports BHP’s goal of producing metals and minerals that are essential to the global economy, increasing the world’s long-term supply of the essential resources needed to support global megatrends.”

The Shiba Inu community is on high alert after a major compromise of the Shibarium bridge over the weekend. What began as reports from blockchain security firm PeckShield quickly escalated into a confirmed attack involving validator key leaks, flash loans, and malicious state changes. Developers have scrambled to contain the breach by freezing 4.6 million BONE tokens, but the situation has revealed vulnerabilities in the security of Shiba Inu’s infrastructure and has had an impact on Shiba Inu’s short-term price action. Developer Confirms Attack Details Taking to the social media platform X, Shiba Inu developer Kaal Dhairya revealed that the incident was probably planned for months and executed using a flash loan to acquire 4.6 million BONE tokens. After gaining access to validator signing keys, the attacker was able to gain majority control and approve a malicious state to siphon assets from the Shibarium bridge. Fortunately, the stolen BONE was delegated to Validator 1, leaving it locked by unstaking delays and giving the team a narrow opportunity to intervene. Dhairya confirmed that the developers immediately froze the compromised funds, suspended all staking and unstaking activity, and transferred stake manager reserves into a hardware wallet secured by a 6/9 multisignature setup. However, the moves were temporary until the extent of the validator compromise could be confirmed, but the developer assured the community that protecting assets was the team’s top priority. The breach drew quick attention from multiple blockchain security outfits. PeckShield, a leading blockchain security company, posted an Etherscan transaction showing the breach by the ShibaSwap exploiter on X. However, Kaal Dhairya noted that the Shiba Inu team is working with PeckShield, Hexens, and Seal 911 to continue investigations on the incident and the next steps to take. According to a separate analysis by Tikkala Security on X, the losses appear to extend beyond the BONE freeze. The post claimed that multiple signer keys appear to have leaked in Shibaswap, which caused an estimated $2.8 million loss. Tikkala Security pointed to an attacker address on Etherscan and explained that the exploit involved repeatedly submitting legitimate Merkle leaf exit requests tied to a root signed by ten different addresses. Market Impact And Price Outlook Despite the severity of the breach, BONE’s market price spiked by over 20% in the hours following the freeze announcement, and this is likely due to the rapid containment. However, the BONE price has calmed, and the breach could have long-term effects that extend beyond the next few days. The Shibarium bridge is important to Shiba Inu’s strategy. Any lingering doubts about validator integrity or the scope of the losses could weigh heavily on the price of Shiba Inu and BONE. As it stands, both the Shiba Inu and BONE prices have reversed gains in the past few hours. At the time of writing, BONE is trading at $0.1959, down by 4.4% in the past 24 hours, but still up by 24% from its price point seven days ago. Shiba Inu, on the other hand, is trading at $0.00001305, down by 7% in the past 24 hours.

Log in to today's North American session Market wrap for September 15 Following the positive post-CPI move, today’s session saw ecstatic flows around consistently higher equities. Despite trade tensions still in the air, the latest talks between the US and China centered around Chinese firms (like TikTok and their rights) recently happened, with the Chinese top trade envoy Chenggang reaffirming their positions. Nvidia was also hit by Antitrust fines in China, which preceded a pullback in the stock, which consequently rallied back, lifted by positive sentiment. In fact, it really was a commodity day in Markets: Coffee and Orange Juice finished their session above 5%, while commodity energies also saw a decent rebound amid continued Eastern Europe tensions. Overall, a downward move in the USD was welcomed by most assets except for cryptos which largely retracted after a very decent week-end session. In geopolitics, Arab nations are planning a meeting about the Israeli attacks on Hamas leaders in Qatar, which will prompt some interesting developments. Unfortunately, we are still too far from peace in that region. Read More:US indices surge with Nasdaq and S&P 500 leading before the FOMCThe US Dollar falls which takes the EUR to August highs – EURUSD and DXY outlooksGuide to the FOMC statement and September SEP: Key takeaways and what to watchCross-Assets Daily Performance Cross-Asset Daily Performance, September 15, 2025 – Source: TradingView Asset performance was pretty volatile in this weekly open, with a particular appetite for commodities as detailed in the introduction. Between continued trade discussions, Eastern Europe tensions, a weaker dollar and pre-FOMC dynamics, commodities enjoyed their session. It will be interesting to watch how they do after Wednesday's rate decision – Rate cuts are typically good for commodities ceteris paribus but overall, it depends on economic activity and how hawkish/dovish a cut is. Cryptos are the losers of today's session taking a decent hit in the face after consecutive strong sessions. A picture of today's performance for major currencies Currency Performance, September 15 – Source: OANDA Labs Forex markets markets saw decent movement today, all centered about the flash selloff in the US Dollar (the extent isn’t too big but the form is consistent). The Canadian and Australian Dollar enjoyed it the most with the CAD finally seeing some relief after a very tough past two weeks and AUD reaching new yearly highs against the greenback on the session. Tomorrow should see even more action with consequent data releases for many currencies. Check them out just below! A look at Economic data releasing in Monday's session For all market-moving economic releases and events, see the MarketPulse Economic Calendar. The Asia-Pacific session kicks off with Japan’s August trade balance figures at 19:50 ET. Markets will parse both the adjusted and headline balances, alongside exports and imports (YoY), to gauge external demand and the impact of yen weakness on trade dynamics. Shifting to Europe, Germany’s ZEW survey at 05:00 ET will shed light on both the current situation and economic sentiment.\ The North American session is packed. Canada leads with a full set of August CPI readings at 08:30 ET. They will be key to watch ahead of the Wednesday Bank of Canada rate decision! At the same time, the U.S. reports August retail sales (headline, ex-autos, and control group) expected at 0.3%. Finally, New Zealand will publish its Q3 Westpac Consumer Survey at 17:00 ET, offering insight into household confidence and spending intentions, which could influence the RBNZ’s policy stance. With Canadian CPI and U.S. retail sales on deck, alongside a heavy flow of sentiment and production data, Wednesday promises significant movement ahead of Wednesday's FOMC and BoC action. Safe Trades and enjoy your weekend! Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier 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.

Ethereum (ETH) continues to capture institutional attention as strong inflows into spot ETFs highlight the growing demand. According to SoSoValue, Ethereum funds recorded $638 million in net inflows between September 8–12, 2025, with Fidelity’s FETH leading at $381 million. This marked the fourth consecutive week of gains and pushed cumulative Ethereum ETF inflows above $13.3 billion. While the inflows strengthen Ethereum’s long-term investment case, historical trends and on-chain signals suggest September profit-taking risks may resurface. Despite trading near $4,520 on September 15, ETH faces mixed market signals that could dictate its next major move. ETF Inflows Signal Institutional Confidence Ethereum ETFs are becoming a major part of the crypto market, with total assets under management surpassing $30 billion. Fidelity and BlackRock accounted for most of the latest inflows, while Grayscale and Bitwise also recorded steady gains. Institutional accumulation continues to reshape Ethereum’s market dynamics. Exchange reserves have dropped to their lowest levels since 2016, reflecting reduced selling pressure as more ETH flows into long-term holdings. Additionally, over 36 million ETH, about 30% of supply, is staked, further tightening liquidity. September’s Ghost: Profit-Taking Pressures Despite the bullish inflows, history paints a cautious picture. September has typically been a weak month for ETH, with a median return of -12.7% since its launch. Current on-chain data supports this caution: the percentage of ETH supply in profit recently peaked near 99%, signaling overheated conditions. Past profit peaks have often led to 8–9% pullbacks. Furthermore, derivatives data shows Ethereum trading within a rising wedge pattern, a structure that often precedes corrections. Key support lies at $4,485 and $4,382, while resistance levels target $4,760 and $4,945. Can Ethereum Break Toward $5K? Ethereum’s fundamentals currently remain strong. ETF inflows, whale accumulation, and shrinking exchange supply provide structural support. If ETH holds above $4,700, cascading liquidations could propel a move toward the $4,900–$5,000 range. However, traders must remain cautious. With September’s track record of corrections and elevated profit-taking signals, Ethereum could face short-term volatility even as its long-term case strengthens. Ethereum’s next test will be whether it can sustain momentum beyond September, breaking the cycle of seasonal weakness while capitalizing on growing institutional demand. Cover image from ChatGPT, ETHUSD chart from Tradingview

The Dogecoin price is once again in the spotlight, with the popular token showing strong upward momentum. Its price has risen sharply in a short period, supported by a mix of new institutional activity and fresh investor enthusiasm. At the same time, a company is building a large reserve of DOGE, demonstrating its trust in the long-term role of the cryptocurrency. First U.S. Dogecoin ETF Sparks Market Excitement In the past day alone, Dogecoin has gained around 14%, pushing its weekly rise to nearly 38%. This strong run has carried the price to about $0.2963, the highest level the coin has seen in eight months. The next test for traders is whether DOGE can reclaim the $0.30 mark, which the token last reached during the early-year bull frenzy. Much of the price momentum comes from the announcement of the first-ever Dogecoin exchange-traded fund in the United States. Bloomberg analyst Eric Balchunas announced that the Rex-Osprey Doge ETF, also known as DOJE, is set to debut. While the launch, initially scheduled for last Friday, Bloomberg analyst James Seyffart later explained that trading would begin the following week instead. Even with the slight delay, the confirmation from Rex Shares that the ETF is coming has been enough to push enthusiasm higher. The new product is being rolled out under the Investment Company Act of 1940, showing that it is structured to meet strict U.S. regulatory standards. It also arrives at a time when more than 90 other crypto ETFs are waiting on SEC approval. For Dogecoin, the arrival of DOJE is a key moment because it opens the door for bigger investors and institutions to buy in through a regulated channel. CleanCore Solutions Targets 1 Billion DOGE For Corporate Treasury Alongside the excitement over ETFs, large corporate players are entering the Dogecoin space. CleanCore Solutions, a U.S.-listed company, recently announced that it has already secured more than 500 million DOGE. The company now plans to double this amount and hold 1 billion DOGE within the next month. Securing a substantial amount of DOGE for its own treasury would solidify Dogecoin as part of its long-term strategy. To make sure the holdings are stored securely, the company is working with Bitstamp for custody on behalf of Robinhood. CleanCore’s long-term target is to control up to 5% of Dogecoin’s total circulating supply, a move that would give DOGE a powerful corporate backer. The entry of CleanCore, combined with the upcoming ETF launch, provides Dogecoin with both institutional credibility and retail excitement simultaneously. The latest developments could give the popular meme coin enough momentum to push even higher, with another double-digit gain possible before the end of the week.

The XRP price is flashing a bull flag pattern on its weekly chart, hinting at an explosive breakout ahead. A crypto analyst has highlighted $3.6 as the key resistance in this formation, noting that if XRP can clear this level, the path toward an ambitious End of the Year (EOY) target of $23 is expected to come into view, with short-term milestones anticipated along the way. XRP Price Bull Flag Signals Explosive Potential Crypto market expert Stedas has drawn attention to XRP’s weekly chart, highlighting the formation of a classic bull flag pattern, one of the strongest continuation signals in technical analysis. His XRP price analysis, shared in a post on X social media, shows that the cryptocurrency’s recent sideways movement and consolidation phase are forming the “flag” of the pattern after a sharp rally that created the “flagpole.” This structure typically suggests that a new explosive leg upward could soon unfold once resistance is cleared. According to Stedas, the critical level to watch is the $3.6 mark. A decisive break above this resistance could ignite XRP’s next rally phase, potentially unlocking price levels far beyond its current range and former all-time highs. The analyst has identified $6, $13, and even $23 as potential end-of-the-year targets. While these levels may seem ambitious, they align with the behaviours of bull flag patterns, which have historically driven powerful and sustained rallies following periods of consolidation. Notably, XRP’s momentum picked up after it reclaimed the $3 range earlier this month with strong buying pressure. However the price has since slipped to $2.97 following a 3.5% pullback in the past 24 hours. Despite the dip, Stedas’s bull flag framework suggests that XRP is shifting out of its stagnant zone and is now primed for acceleration. If market sentiment aligns with the technicals, the cryptocurrency could be looking at its most significant rally in years. The next few weeks may also prove decisive, as the market awaits confirmation of whether the analyst’s current setup can deliver on its bullish outlook. XRP Retests Fib Zone With $4.6 Target In Play Crypto analyst, Rose Premium Signals, has also shed light on XRP’s structure, focusing on its mid-term outlook. The analysis suggests that XRP has completed a bullish retest, strengthening the case for upside continuation. According to him, XRP has just bounced off the 0.5 – 0.618 Fibonacci retracement zone, a range that often serves as a textbook support level before continuation moves. Rose Premium Signals has highlighted an entry zone between $2.85 and $3.05, which XRP has already tested and respected with notable strength. The analyst argues that this confirmation marks a valid long setup backed by clear technical structure, Fibonacci alignment, and broader market resilience. From this zone, the chart projects a climb toward $4.67, which serves as the first official target in this mid-breakout scenario.

US Indices haven't stopped bullying through new highs on strong impulses, with Equity bears surely in awe. Markets which tend to slow down in consolidation before such key rate decisions haven't had the chance to stop a minute: Since last week's positive surprises in US inflation releases, American stocks and particularly tech-equities are on a historic run. NA and DAX indices performance since September 1st – Source: TradingView September seasonals are traditionally not the most favorable of such rallies, but seasonals seem to be a thing of the past these days – Who can stop this train? For now, certainly not short-sellers, war headlines, tariffs or anything of that sort. Participants are backing off slightly on the post-PPI and CPI 10% pricing of a 50 bps cut, however, an ever-ecstatic mood and a lower US Dollar is bolstering index performance. The Nasdaq is up just below 5% just this month. Stellar ! The daily picture for equities is still red for some sectors but tech is more than okay, particularly Tesla (Elon Musk just bought $1B of Tesla today) US Equity heatmap, September 15, 2025 – Source: TradingView Explore levels and charts for all three indices with today's huge rally in the S&P 500 and Nasdaq and the Dow Jones, laggard of the session. Read More: The US Dollar falls which takes the EUR to August highs – EURUSD and DXY outlooksGuide to the FOMC statement and September SEP: Key takeaways and what to watchUS Indices intraday technical analysisS&P 500 2H Chart S&P 500 2H Chart, September 15, 2025 – Source: TradingView Participants did react to the potential resistance level mentioned in our previous Market analysis but was simply used during sideways consolidation that allowed an overbought RSI to decrease slightly to more sustainable levels. There won't be much technically to stop the Index in its rally until the 6,650 to 6,700 level (wide margin) as Markets will then attain some essential Fibonacci-induced targets. Watch for a potentially hawkish FED for any reversal but barring that, the momentum is very strong. Resistance Levels Daily highs 6,617 (new ATH)Higher timeframe potential resistance around the 6,700 level (1.618 from April lows)Support Levels 6,490 to 6,512 pivot6,400 Main Support6,210 to 6,235 Main Support (August NFP Lows)Dow Jones 2H Chart Dow Jones 2H Chart, September 15, 2025 – Source: TradingView The Dow Jones has still retracted a bit today but is evolving in what resembles a break-retest pattern of the previous all-time high record (45,764) which comes at a similar level as the 2H MA 50. Bullish reactions will be expected between current levels until 45,500 (MA 200) as bears could take the upper hand below on profit-taking flows. Prices are still evolving within a rising wedge, which is one of the technical keys to monitor for US Markets. Levels for Dow Jones tradingResistance Levels Current All-time high 46,145ATH Resistance Zone around 46,000 (+/- 150 pts)1.618 Fibonacci-Extension for potential ATH resistance 46,400 to 46,850Support Levels Previous ATH 45,764 acting as support (MA 50 in confluence)MA 200 and upward trendline of rising wedge (45,500)Key Support/longer-run pivot 45,000Support 44,200 to 44,500Main Support (NFP Lows) 43,000 to 43,750Nasdaq 2H Chart Nasdaq 2H Chart, September 15, 2025 – Source: TradingView The Nasdaq had been moving a bit hesitantly in the past few weeks of action but when it decides to go, it goes far and fast. Marking a new all-time high again today (same as the S&P 500), the tech-heavy index is bullying everything on its way. Reactions on Wednesday will be very interesting. Nasdaq technical levels of interest Resistance Levels Current daily highs (24,279)Potential Resitance 1 fib-Extension (from August 20 lows) 24,350Potential Resitance 2 fib-Extension (from August 20 lows) 24,550Support Levels Previous ATH zone turning pivot (23,950 to 24,020)23,500 support23,000 Key SupportEarly 2025 ATH at 22,000 to 22,229 Support Safe trades and a successful FOMC week! Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier 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.

Copper jumped to a 15-month high on Monday amid a broader risk-on rally, as traders prepare for this week’s US Federal Reserve meeting with the expectation of a long-awaited interest rate cut. Futures on the London Metal Exchange rose by 1% to $10,173 a ton, the highest since June 2024. Those on the COMEX also gained 1.5% to $4.726 a pound, or about $10,419 a ton. Click on chart for live prices. Copper, a bellwether for the health of the global economy, has now risen for six consecutive trading sessions, as a stream of weak US economic data led traders to raise their bets on the Fed cutting rates. It is widely anticipated that a quarter-point rate cut will come this week, after new data showed signs of labour market weakness. Money markets are also pricing in a high likelihood of two additional cuts by year-end. Meanwhile, equities resumed their record-breaking run on Monday, while Treasury yields and the dollar dipped, making commodities such as copper more affordable for buyers using foreign currencies. In addition to monetary easing, the industrial metal has also been supported this year by strong activity in China. Apparent consumption in the world’s biggest copper market rose by about 10% in the first half, according to Zijin Mining Group. (With files from Bloomberg)

Canadian miner Erdene Resource Development (TSX:ERD) has poured its first gold at the Bayan Khundii mine in southwestern Mongolia, marking a major milestone for the project less than a decade after discovery. Erdene President and CEO Peter Akerley said the deposit, first identified in 2015, has quickly become a cornerstone of the Khundii Minerals District. “With construction of a 242-kilometre power line, mining underway, the process plant commissioned and first gold doré poured in just 22 months, the team deserves tremendous credit,” he said. The mine is expected to rank among the highest-grade open-pit operations globally. It is projected to reach nameplate capacity in late 2025, producing about 85,000 ounces annually at a low-quartile all-in sustaining cost. Total reserves stand at 513,700 ounces at an average head grade of 4 grams per tonne, including the Dark Horse satellite deposit. Gold from Bayan Khundii will be sold to Mongolia’s Central Bank at spot prices, strengthening the country’s foreign currency reserves. Record speed Akerley said the gold pour comes just 10 years after Erdene geologists discovered high-grade surface mineralization and five years after completing a feasibility study. He said this is one of the fastest timelines in recent memory for a mine to move into production. It also comes at times when gold prices are skyrocketing, hitting on Monday a new record high of $3,682.51 per ounce. Year-to-date gold is up to 40%, with geopolitical uncertainty and robust central bank buying providing strong momentum for the safe-haven metal. Click on chart for live prices. Ownership of the project is split between Erdene, which holds a 50% stake and a 5% net smelter return royalty after the first 400,000 ounces, and Mongolian Mining Corporation (MMC), which holds the other half. MMC secured its interest through a $40-million investment in 2023, acquiring half of Erdene’s subsidiary, Erdene Mongol LLC, which holds the licences.

The wave pattern for GBP/USD continues to indicate the formation of a bullish impulse structure. The wave picture is almost identical to that of EUR/USD since the sole "culprit" remains the U.S. dollar. Demand for the dollar is declining across the market in the medium term, and many instruments are therefore showing nearly identical dynamics. At this stage, the presumed wave 5 is still developing, within which waves 1 and 2 have already formed. The current wave structure raises no doubts. It should be remembered that much on the currency market now depends on Donald Trump's policies—beyond just trade. Occasionally, positive news emerges from the U.S., but the market constantly weighs economic uncertainty, contradictory decisions and statements from Trump, and the hostile, protectionist stance of the White House. There are also concerns about Fed policy easing, with more reasons for it now than just a weak labor market. The GBP/USD rate rose by 30 basis points on Monday. Buyers are trying to break out of the sideways range they have been trading in over the past months, and it is likely they will succeed. This week will bring both Fed and Bank of England meetings, but the most important event will be the U.K. inflation report. The Bank of England continues to base its decisions on inflation data. Thus, the upcoming report will determine monetary policy and its future adjustments. In my view, the current inflation level in Britain no longer allows the Bank of England to think in dovish terms. Inflation has been accelerating for nearly a year and is now much closer to 4% than 2%. I believe the BoE has already gone too far with easing at this point and probably rushed with its third rate cut this year. However, it should be noted that the last decision to cut rates was a close call, with a 5–4 vote. At least four BoE policymakers opposed easing. Therefore, with CPI already at 3.8%, I do not think the next report will be decisive. Another acceleration would further reduce the likelihood of easing by year-end, while a slowdown would change little, since inflation is already high. Taking all this into account, and given the 100% likelihood of a Fed rate cut, I believe demand for the British currency will continue to grow. Likely gradually and cautiously, but there is no reason to abandon the working wave count, which points to further growth. General conclusions.The wave picture for GBP/USD remains unchanged. We are dealing with an upward impulse segment of the trend. Under Donald Trump, the markets may face many more shocks and reversals that could seriously affect the wave structure, but at the moment the working scenario remains intact, and Trump's policies are not changing. The targets of the upward segment of the trend are around the 261.8% Fibonacci extension. Currently, I expect continued growth within wave 3 of 5 toward 1.4017. The larger-scale wave pattern looks nearly perfect, although wave 4 extended beyond the peak of wave 1. But perfect wave counts exist only in textbooks—real-life markets are more complex. At the moment, I see no grounds to consider alternative scenarios or make adjustments. The main principles of my analysis: Wave structures should be simple and clear. Complex ones are hard to trade and often change.If there is no confidence in the market situation, it is better to stay out.One can never have 100% certainty about the direction of movement. Always use protective Stop Loss orders.Wave analysis can be combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

XRP has finally broken above a major resistance zone, igniting fresh bullish momentum across the market. After weeks of consolidation, the token closed above the $3.03–$3.08 range, a level that had capped gains for months. This decisive breakout has shifted sentiment, with traders now eyeing higher targets as momentum indicators flash green. XRP Market Performance Analysis The XRP Technical charts confirm the bullish setup. The Relative Strength Index (RSI) has crossed into favorable territory, hovering around 58, a level that historically precedes strong rallies. Volume has also spiked, reflecting growing buyer confidence. Analysts say this confluence of price action and momentum signals could pave the way for XRP’s next big move. Immediate resistance sits at $3.30, with further upside targets at $3.65 and $4.20. On the downside, support is clustered between $2.72 and $3.00, levels bulls must defend to keep the trend intact. ETF Speculation Adds Fuel, But Doubts Remain Adding to the buzz is renewed speculation around a potential XRP ETF. Supporters argue that Ripple’s partial legal clarity and XRP’s utility in cross-border payments make it a prime ETF candidate. An approval, they say, could unlock institutional inflows and trigger a powerful demand surge. However, skeptics caution that XRP’s regulatory status remains murky in several jurisdictions. Unlike Bitcoin and Ethereum, XRP’s classification is still contested, raising doubts over whether an ETF is likely in the near future. Even if approval comes, some analysts argue that XRP’s utility-focused design may limit its appeal as a traditional investment vehicle. For now, ETF chatter remains speculative, but it has injected optimism into the XRP community as the token tests key levels. Whale Selling and Short-Term Pullbacks Despite the bullish setup, on-chain data shows that whales have offloaded over 160 million XRP in recent weeks. Historically, such large-scale selling reflects profit-taking and risk management by institutional players. Yet, XRP’s ability to stabilize around $3 despite this pressure signals strong retail demand. Short-term pullbacks have also been noted, with traders highlighting key support between $2.87 and $2.95. Analysts suggest these dips could provide entry points for bulls aiming for the next breakout above $3.30. Overall, XRP’s resilience, improving technicals, and growing adoption narratives suggest the token is gearing up for its comeback. The coming days will determine whether bulls have the strength to extend this breakout into a sustained rally. Cover image from ChatGPT, XRPUSD chart from Tradingview

The wave structure of the 4-hour EUR/USD chart has remained unchanged for several months, which is encouraging. Even when corrective waves form, the overall structure holds together. This makes accurate forecasting possible. It should be noted that wave patterns do not always look like textbook examples. At the moment, the pattern looks very clear. The upward segment of the trend continues to develop, while the news background continues to support mostly not the dollar. The trade war initiated by Donald Trump is ongoing. The confrontation with the Fed continues. Market "dovish" expectations for the Fed's rate are growing. The market's assessment of Trump's first 6–7 months remains low, even though U.S. GDP growth in Q2 reached 3%. Currently, it can be assumed that the formation of impulse wave 5 continues, with potential targets extending as far as the 1.25 level. Inside this wave, the structure is somewhat complicated by the sideways movement observed over the past month. Nevertheless, waves 1 and 2 can be identified. Accordingly, I believe the instrument is now within wave 3 of 5. The EUR/USD rate rose by 20 basis points on Monday, while trading amplitude remained weak. The news background was very limited today, but buyers still dominated the first half of the day, allowing the euro to gain slightly in value. In the second half, the New York Manufacturing Index, which is not the most important market indicator, came out at -8.7 points in September instead of the expected 5–10 points. Paradoxically, after this report demand for the U.S. dollar even ticked up slightly, though I tend to believe the market largely ignored it. This week, there will be plenty of important events in the U.S., the EU, and the U.K. From the very beginning of trading, market participants showed they were inclined toward new purchases. What remains is for upcoming events to support the euro. This evening will feature the first of three speeches by ECB President Christine Lagarde, although this event is unlikely to affect market sentiment. Traders will be waiting for key reports that will shape central bank decisions. The Fed meeting should be highlighted as the key event of the week. Despite the market being confident in its expectations of a 25 basis point rate cut, what matters is the tone Jerome Powell will adopt. Recently, dovish expectations in the futures market have been growing, as four consecutive Nonfarm Payrolls reports have been extremely weak. From this perspective, the real question is not whether the FOMC will cut rates in September (that is already certain), but how many times the Fed will cut rates in the near future. Dot plot charts currently suggest two cuts this year, but given the poor statistics, there could be more. General conclusions.Based on the EUR/USD analysis, I conclude that the instrument continues to build an upward segment of the trend. The wave structure still largely depends on the news background related to Trump's decisions and the foreign and domestic policy of the new Administration. The trend's potential targets may extend up to the 1.25 level. With the news background developing as it is, I continue to consider buy positions, with initial targets around 1.1875, corresponding to the 161.8% Fibonacci extension, and higher. On a smaller scale, the entire upward segment of the trend is visible. The wave structure is not textbook-standard, as corrective waves differ in size. For example, the larger wave 2 is smaller than the internal wave 2 within wave 3. However, this also happens. It should be remembered that it is best to highlight clear structures on the charts rather than tying every move to individual waves. Currently, the upward structure leaves little doubt. The main principles of my analysis: Wave structures should be simple and clear. Complex structures are difficult to trade and often change.If there is no confidence in what is happening in the market, it is better to stay out.There can never be 100% certainty about the market's direction. Always use protective Stop Loss orders.Wave analysis can be combined with other types of analysis and trading strategies.The material has been provided by InstaForex Company - www.instaforex.com

Trade review and tips for trading the Japanese yen The price test of 147.54 in the first half of the day occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. The dollar may rise against the yen if the U.S. Empire Manufacturing Index shows strong results. However, the figures would need to significantly exceed economists' expectations. The Empire Manufacturing Index, which reflects the state of the manufacturing sector in New York State, is traditionally considered an indicator of U.S. economic activity. Better-than-expected results often signal rising production, higher orders, and overall improvement in business confidence. Any strengthening of the dollar against the yen in response to strong Empire Manufacturing data is likely to be temporary, allowing medium-term traders betting on yen strength to enter at more attractive prices. For this reason, I would not count on strong USD/JPY growth. A positive Empire Manufacturing Index may support overall confidence in the U.S. economy, but it is unlikely to influence the Fed's interest rate plans. Thus, strong data could trigger a short-term dollar rise against the yen, but the effect would likely be brief. As for intraday strategy, I will mainly rely on scenarios #1 and #2. Buy signal Scenario #1: I plan to buy USD/JPY today if the entry point around 147.45 (green line on the chart) is reached, with a target at 147.91 (thicker green line on the chart). At 147.91, I will exit buys and open sells in the opposite direction, expecting a 30–35-point move downward. Growth will only be realistic after strong data.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 147.25 twice, at the moment when the MACD is in the oversold zone. This will limit the pair's downward potential and lead to a reversal upward. Growth can then be expected toward 147.45 and 147.91. Sell signal Scenario #1: I plan to sell USD/JPY after the price breaks below 147.25 (red line on the chart), which would lead to a rapid decline. The key target for sellers will be 146.82, where I will exit sales and open purchases in the opposite direction, aiming for a 20–25-point rebound. Selling pressure is likely to return if the data is weak.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 147.45 twice, at the moment when the MACD is in the overbought zone. This will limit the pair's upward potential and lead to a reversal downward. A decline can then be expected toward 147.25 and 146.82. What's on the chart: Thin green line – entry price for buying the instrument.Thick green line – projected price for setting Take Profit or manually fixing profit, as further growth above this level is unlikely.Thin red line – entry price for selling the instrument.Thick red line – projected price for setting Take Profit or manually fixing profit, as further decline below this level is unlikely.MACD indicator – when entering the market, it is important to consider overbought and oversold zones.Important: Beginner Forex traders must be very cautious when deciding to enter trades. Before the release of major fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during news releases, always place stop orders to minimize losses. Without stop orders, you can quickly lose your entire deposit, especially if you do not use money management and trade with large volumes. Remember: successful trading requires a clear trading plan, like the one presented above. Spontaneous decisions based on the current market situation are initially a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade review and tips for trading the British pound The price test of 1.3573 occurred when the MACD indicator was just beginning to move upward from the zero line, confirming the correct entry point for buying the pound. As a result, the pair rose toward the target level of 1.3608. The absence of U.K. statistics had a positive effect on the pound. Without fresh data to assess the state of the British economy, investors tend to rely on existing trends and the overall perception of risk. In the second half of the day, the Empire Manufacturing Index will be released, and only strong data could help the dollar rise against the pound. However, even with positive results, it would be premature to talk about a fundamental trend reversal. Despite domestic economic challenges, the pound continues to show resilience. Even if the Empire Manufacturing Index turns out strong, this may only provide temporary support for the dollar, unlikely to outweigh long-term negative economic factors. As for intraday strategy, I will rely mainly on scenarios #1 and #2. Buy signal Scenario #1: I plan to buy the pound today if the entry point at 1.3618 (green line on the chart) is reached, with a target at 1.3662 (thicker green line on the chart). Around 1.3662, I will exit buy positions and open sells in the opposite direction, aiming for a 30–35-point move downward from the level. Strong pound growth today can be expected only after weak U.S. data.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 1.3588 twice, at the moment when the MACD is in the oversold zone. This will limit the pair's downward potential and lead to a reversal upward. Growth can then be expected toward 1.3618 and 1.3662. Sell signal Scenario #1: I plan to sell the pound after the price updates 1.3588 (red line on the chart), which will lead to a rapid decline in the pair. The key target for sellers will be 1.3540, where I will exit sell positions and open buys in the opposite direction, aiming for a 20–25-point move upward. The pound is unlikely to collapse, even in the case of strong U.S. data.Important! Before selling, make sure the MACD indicator is below the zero line and just beginning to decline from it. Scenario #2: I also plan to sell the pound if the price tests 1.3618 twice, at the moment when the MACD is in the overbought zone. This will limit the pair's upward potential and lead to a reversal downward. A decline can then be expected toward 1.3588 and 1.3540. What's on the chart: Thin green line – entry price for buying the instrument.Thick green line – projected price for setting Take Profit or manually fixing profit, as further growth above this level is unlikely.Thin red line – entry price for selling the instrument.Thick red line – projected price for setting Take Profit or manually fixing profit, as further decline below this level is unlikely.MACD indicator – when entering the market, it is important to consider overbought and oversold zones.Important: Beginner Forex traders must be very cautious when deciding on market entries. Before the release of major fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you choose to trade during news releases, always place stop orders to minimize losses. Without stop orders, you can quickly lose your entire deposit, especially if you ignore money management and trade with large volumes. Remember: successful trading requires a clear trading plan, such as the one presented above. Spontaneous decisions based on the current market situation are initially a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade review and tips for trading the euro The price test of 1.1738 occurred when the MACD indicator was just beginning to move upward from the zero line, confirming the correct entry point for buying the euro and resulting in a 20-point rise. A slight narrowing of the eurozone trade surplus only temporarily slowed the pair's growth, after which the euro's upward trend resumed. Now, in the second half of the day, the Empire Manufacturing Index will be released. An increase in the Empire Manufacturing Index in the U.S. may strengthen the dollar, but it is unlikely to be enough to reverse the current market trend. Traditionally, the Empire Manufacturing Index, which reflects the state of New York's manufacturing sector, plays an important role in assessing the U.S. economy. If the index exceeds forecasts, it usually points to a rise in production, more orders, and overall business optimism. In such cases, investors tend to show increased interest in the dollar. However, if the figures disappoint significantly, the dollar is likely to weaken further against the euro, as this would reinforce expectations of a Federal Reserve rate cut this week. As for intraday strategy, I will mainly rely on scenarios #1 and #2. Buy signal Scenario #1: Buying the euro is possible today if the price reaches 1.1773 (green line on the chart) with the target at 1.1826. At 1.1826, I plan to exit the market and sell the euro in the opposite direction, expecting a 30–35-point move from the entry point. Growth should be considered only if U.S. data is weak.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 euro if the price tests 1.1744 twice, at the moment when the MACD is in the oversold zone. This will limit the pair's downward potential and lead to a reversal upward. Growth can then be expected toward 1.1773 and 1.1826. Sell signal Scenario #1: I plan to sell the euro after it reaches 1.1744 (red line on the chart). The target will be 1.1699, where I plan to exit the market and immediately buy in the opposite direction, aiming for a 20–25-point rebound. Pressure on the pair will return if U.S. data is strong.Important! Before selling, make sure the MACD indicator is below the zero line and just beginning to decline from it. Scenario #2: I also plan to sell the euro if the price tests 1.1773 twice, at the moment when the MACD is in the overbought zone. This will limit the pair's upward potential and lead to a reversal downward. A decline toward 1.1744 and 1.1699 can be expected. What's on the chart: Thin green line – entry price for buying the instrument.Thick green line – projected price for setting Take Profit or manually fixing profit, as further growth above this level is unlikely.Thin red line – entry price for selling the instrument.Thick red line – projected price for setting Take Profit or manually fixing profit, as further decline below this level is unlikely.MACD indicator – when entering the market, it is important to consider overbought and oversold zones.Important: Beginner traders in the Forex market must be very cautious when deciding to enter trades. Before the release of major fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during news releases, always set stop orders to minimize losses. Without stop orders, you can quickly lose your entire deposit, especially if you do not use money management and trade with large volumes. Remember: successful trading requires a clear plan, like the one presented above. Spontaneous trading decisions based on the current market situation are initially a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com