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The dollar has stabilized ahead of the release of important US inflation data, starting today with the producer price inflation (PPI) report, and to be followed tomorrow by consumer inflation figures (CPI). How might these affect the dollar and the financial markets overall? Recall that the market already has well-founded expectations that the Federal Reserve will cut interest rates in response to the extremely challenging situation in the labor market. It is assumed that the key rate will be cut by 0.25% as a matter of course, but there remains a significant probability—currently at 8%—of a 0.50% cut. For the most part, a 0.25% cut is already priced into the value of US and other assets and is already reflected in the dollar's value on the Forex market. Investors are now turning their attention to the inflation data and the likely regulatory response. In this case, it's almost certain that if both the producer and consumer inflation reports match the consensus forecast, a 0.25% rate cut can be expected. At the same time, if the numbers come in lower, this could be grounds for a 0.50% cut. Of course, in both scenarios, the market will respond with increased demand for riskier assets and dollar selling. In particular, if the consumer inflation report unexpectedly shows—even a slight—decline, this will be a strong reason for deeper dollar selling amid strong demand for stocks, gold, and cryptocurrencies. Such a development could justify an immediate half-percentage-point rate cut, which the market would reflect by a more significant move. So far, in the morning session, US stock index futures are trading in the "green," except for the industrial DOW, which is slipping symbolically by 0.05%. So, the catalyst for global market changes could be today's producer inflation data, which, according to consensus forecasts, should show a decrease in both annual and monthly figures, to a core value from 3.7% to 3.5%, and for the overall monthly figure, from 0.9% to 0.3%. As for tomorrow's consumer inflation numbers, these are expected to show, on the contrary, an increase in both monthly and year-on-year values—from 0.2% to 0.3% and from 2.7% to 2.9%, respectively. In conclusion, I assess the overall market outlook as moderately positive for risk assets and negative for the dollar. Day's Forecast: USD/JPYThe pair continues to move sideways, awaiting the Fed's pivotal monetary policy decision, driven by US inflation data releases. Its decline is likely to prompt selling the pair, with a target drop to 146.30. A suitable level for selling is at 147.25. AUD/USDThe pair is in a short-term uptrend, awaiting the outcome of the Fed's monetary policy meeting against the backdrop of US inflation data. A breakout above 0.6625 could trigger strong growth toward 0.6715. A suitable buy level is 0.6630. The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis (Fig. 1). On Wednesday, the market may start moving upward from the 1.1707 level (yesterday's daily close) toward the target at 1.1742 – upper fractal (blue dotted line). Upon testing this level, the price may continue rising toward 1.1788 – upper fractal (yellow dotted line). Fig. 1 (daily chart). Comprehensive Analysis: Indicator analysis – upward;Fibonacci levels – upward;Volumes – upward;Candlestick analysis – downward;Trend analysis – upward;Bollinger Bands – upward;Weekly chart – upward.Overall conclusion: upward trend. Alternative scenario: from the 1.1707 level (yesterday's daily close), the price may start moving upward toward 1.1742 – upper fractal (blue dotted line). Upon testing this level, the price may pull back downward toward 1.1732 – retracement level of 85.4% (yellow dotted line). The material has been provided by InstaForex Company - www.instaforex.com

Asia Market Wrap - Asian Stocks Advance Most Read: US CPI Preview: Implications for the DXY & Federal Reserve Asian stock markets went up on Wednesday, following a similar trend on Wall Street. This happened because traders are becoming more confident that the US Federal Reserve will lower interest rates next week, as the US job market seems to be weakening. In Japan, the Nikkei stock average rose by 0.8%, while South Korea's KOSPI increased by 1.7%. Taiwan's stock market also did well, climbing 1.5% to reach a new all-time high. Hong Kong's Hang Seng index was up 1.3%, and mainland Chinese blue-chip stocks rose by 0.3%. The Bank of Japan is expected to announce its policy decision next Friday, and it is widely believed they will not raise interest rates yet. There have been conflicting reports, with one from Reuters suggesting the central bank might wait longer to tighten policy, while Bloomberg reported that a rate hike could still happen this year. Investors are also paying attention to political developments. They are watching to see who will become Japan's next prime minister after Shigeru Ishiba and are observing the political situation in France, which recently got its fifth prime minister in two years. China CPI Falls -0.4% Consumer prices in China dropped by 0.4% compared to the previous year. This was a bigger drop than expected and the fifth time this year that prices have gone down. It was also the sharpest decline since February. The main reason for this was a significant 4.3% decrease in food prices, the biggest drop in almost four years. Pork prices, in particular, fell sharply because there was plenty of supply, lower production costs, and weak consumer demand. On the other hand, prices for non-food items rose by 0.5%, which was a faster increase than in July. This was helped by government subsidies for consumer goods. Prices went up for housing, clothing, healthcare, and education. Transport costs also decreased, but not as much as they did in July. When you look at core inflation, which doesn't include food and energy, prices rose by 0.9%. This was the highest increase in 18 months. On a month-to-month basis, overall consumer prices stayed flat, which was also less than what experts had predicted. European Open - Zara Owner Inditex Rises 6% On Wednesday, European stocks went up, with retailers leading the way. This happened after Inditex, the big Spanish fashion company that owns Zara, released its second-quarter earnings. Inditex's shares climbed by 6% because the company reported that its sales were picking up before the fall season, even though its second-quarter sales weren't as strong as expected. The overall STOXX 600 index for Europe rose by 0.4%, staying close to its highest point in two weeks. Shares of Novo Nordisk also increased by nearly 2% after the Danish company, which makes the weight-loss drug Wegovy, announced a plan to restructure and cut about 11.5% of its employees. This move is expected to save the company around $1.26 billion each year as it faces tough competition in the weight-loss drug market. European technology stocks also had a good day. German software company SAP and Dutch company ASML both saw their shares rise by about 1% each. This was in response to Oracle's announcement that it expects to receive more than half a trillion dollars in future cloud orders. Oracle's shares listed in Frankfurt also shot up by 30%. On the FX front, The euro remained mostly unchanged, trading at $1.17115, after a 0.5% drop in the last session. The British pound was at $1.3534, and the Japanese yen was flat at 147.41 per dollar. The Australian dollar gained 0.3%, reaching $0.66065, and is close to the seven-week high it hit on Tuesday. The U.S. dollar index, which compares the dollar to six other major currencies, was stable at 97.834 after a 0.3% gain on Tuesday. So far in 2025, the index is down about 10% because of unpredictable U.S. trade policies and the expectation that interest rates will be cut, which has made the dollar less attractive to investors. For more on the Euro, read AUD/USD Technical: Further Aussie rally towards major resistance, supported by firmer China core inflation Currency Power Balance Source: OANDA Labs On Wednesday, oil prices increased due to two main events. First, Israel attacked Hamas leaders in Qatar. Second, US President Donald Trump urged European countries to place taxes on those who buy Russian oil. However, a generally weak outlook for the market prevented prices from rising even more. As a result, Brent crude oil futures went up by 61 cents, or 0.92%, to $67 per barrel. Similarly, U.S. West Texas Intermediate crude futures also rose by 61 cents, or 0.97%, to $63.24 per barrel. For more on Oil prices, read WTI Oil Rallies 1.8% as Russian Supply Concerns Outweigh Modest OPEC + Output Hike On Wednesday, the price of gold went up, staying above $3,600 per ounce. This increase was driven by the belief that the US Federal Reserve will cut interest rates later this month. Investors are also waiting for important inflation reports that are scheduled to be released this week. Spot gold rose by 0.5% to $3,644.54 per ounce, after reaching a record high of $3,673.95 on Tuesday. Meanwhile, US gold futures for December delivery remained unchanged at $3,683. Economic Data Releases and Final Thoughts Looking at the economic calendar, the European session will be quiet with a speech by SNB Chairman Schlegel before attention turns to US PPI data. US PPI data will definitely be interesting following last month's uptick. This comes a day after the -991k jobs revision announced yesterday. Market concerns around inflation remain in play even if the labor market is the main focus. Signs that producer prices are rising may stoke growth and demand fears which should now firmly be in the mind of market participants. Markets will also wait on more news around the Fed and the back and forth between the Trump administration and Fed policymaker Lisa Cook. A federal judge on Tuesday made a temporary decision to stop President Donald Trump from firing Federal Reserve Governor Lisa Cook. This is an initial defeat for the White House in a legal dispute that could challenge the Federal Reserve's long-standing independence. U.S. District Judge Jia Cobb's preliminary ruling stated that the Trump administration's accusations that Cook committed mortgage fraud before she was in office were probably not a strong enough reason to remove her from her position. 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 eyeing a break of the 100-day MA which could facilitate a return to the psychological 24000 handle. The period-14 RSI is approaching the 50 neutral level with a break above seen as a sign that momentum is shifting to bullish. The index has been struggling to gain acceptance above the 100-day MA over the last 5 days. Will today be the day? DAX Daily Chart, September 10. 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.

Gold prices rose again today and are near their historic highs, as traders prepare to assess US data that could confirm the need for a Federal Reserve rate cut. Gold prices exceeded $3,643 per ounce after peaking above $3,674 on Tuesday, when a preliminary data revision showed that the number of employed workers is likely to be revised downward by a record 911,000. The Fed will set monetary policy next week after the publication of US producer and consumer inflation data on Wednesday and Thursday, which will also influence its decision. Weak economic indicators in recent months—particularly slowing GDP growth and a decline in employment gains—have increased expectations that the Fed will be forced to ease monetary policy. Lower interest rates are traditionally favorable for gold since they make dollar assets less attractive and reduce the opportunity cost of holding the non-interest-bearing metal. However, despite growing expectations for policy easing, some analysts urge caution. Inflation, though slowing, remains above the Fed's target, and premature rate cuts could lead to renewed acceleration. Thus, the Fed's decisions will depend on a comprehensive assessment of the macroeconomic situation and, in particular, on the inflation data to be published in the coming days. The influence of geopolitical tensions also cannot be underestimated. Yesterday, President Donald Trump told European officials that he is ready to impose new tariffs against India and China to pressure President Vladimir Putin to the negotiating table with Ukraine—but only if EU countries follow his example. Additionally, on Tuesday, Israel carried out an unprecedented military strike against senior Hamas leaders in Doha. This year, gold bullion prices have increased by nearly 40% thanks to central bank purchases, geopolitical uncertainty, and concerns over the impact of US tariff policy on the global economy. Inflows into gold-backed ETFs have provided additional support, and many banks, including Goldman Sachs Group Inc., predict further price increases amid expectations of a Fed rate cut. In recent days, several central banks have signaled ongoing interest in gold bullion, indicating continued public sector buying. This week, Czech authorities stated that reserve volumes reached record highs following data from the People's Bank of China showing growth. The Reserve Bank of India has also increased its purchases. As for the current technical setup for gold, buyers need to overcome the nearest resistance at $3,658. This will allow a move toward $3,682, above which breaking through will be quite difficult. The most distant target will be the area of $3,720. In the event of a decline, bears will try to take control of $3,600. If they succeed, a break of this range will deal a serious blow to the bulls' positions and push gold down to a low of $3,562 with the prospect of reaching $3,526. The material has been provided by InstaForex Company - www.instaforex.com

Bitcoin yesterday once again climbed to the $113,200 level but quickly slipped back, indicating a lack of active buyers above this range. Apparently, many are hesitant to push higher and are taking a wait-and-see approach. This is also confirmed by Santiment data, which notes that sentiment among crypto traders has deteriorated significantly. The crowd is now expecting BTC to fall below $100,000, and ETH below $3,500. Such a shift in sentiment, however, is nothing unusual for the volatile world of cryptocurrencies. After a period of strong growth and optimism, correction and pessimism are usually inevitable. It's a kind of pendulum swinging between hope and fear, causing investors to act impulsively and often irrationally. But it is precisely at such moments—when most are panicking and predicting an imminent crash—that opportunities arise for more disciplined and calculated players. The ability to stay calm, analyze long-term prospects, and not follow the crowd's mood—that's what sets successful investors apart from those who lose their savings during periods of short-term fluctuations. Santiment experts describe current market sentiment as "FUD" and remind us that this is historically bullish. Indeed, a state of general Fear, Uncertainty, and Doubt (FUD) often signals the coming of a trend reversal and provides a unique opportunity to enter the market at attractive prices. When most traders are panicking and rushing to get rid of assets, it creates an ideal environment for consolidation and subsequent growth. It's a kind of "spring cleaning" in the market, sweeping out the weak hands while the strong accumulate positions. However, it's important to understand that not every FUD period ends with an immediate price surge. Sometimes it takes time for emotions to settle and the market to absorb the negative news. Still, historical data shows that a cautious and measured approach to investing during FUD phases can yield tangible results. The key is not to panic with everyone else, but to look at the situation with a clear head and remember that after every storm, calm inevitably follows. As for my intraday strategy in the crypto market, I will continue to buy any major dips in Bitcoin and Ether, expecting the medium-term bull market—which hasn't gone anywhere—to continue. For short-term trades, my strategy and conditions are described below. BitcoinBuy ScenarioScenario #1: I will buy Bitcoin today upon reaching an entry point around $111,800, aiming for a rise to $113,000. Around $113,000, I will exit buy positions and sell immediately on the pullback. Before buying a breakout, ensure the 50-day moving average is below the current price and that the Awesome Oscillator is in positive territory. Scenario #2: You can also buy Bitcoin from the lower boundary at $111,200 if there is no market reaction to its breakdown, aiming for a reversal to $111,800 and $113,000. Sell ScenarioScenario #1: I will sell Bitcoin today upon reaching an entry point around $111,200, aiming for a fall to $110,300. Around $110,300, I will exit sell positions and immediately buy on the rebound. Before selling a breakout, make sure the 50-day moving average is above the current price and that the Awesome Oscillator is in negative territory. Scenario #2: You can also sell Bitcoin from the upper boundary at $111,800 if there is no market reaction to its breakdown, aiming for a reversal to $111,200 and $110,300. EthereumBuy ScenarioScenario #1: I will buy Ether today upon reaching an entry point at $4,320, aiming for growth to $4,370. Around $4,370, I will exit buys and sell immediately on the pullback. Before buying a breakout, make sure the 50-day moving average is below the current price and that the Awesome Oscillator is in positive territory. Scenario #2: You can also buy Ether from the lower boundary at $4,285 if there is no market reaction to its breakdown, aiming for a reversal to $4,320 and $4,370. Sell ScenarioScenario #1: I will sell Ether today upon reaching an entry point at $4,285, aiming for a fall to $4,237. Around $4,237, I will exit sell positions and immediately buy on the rebound. Before selling a breakout, make sure the 50-day moving average is above the current price and that the Awesome Oscillator is in negative territory. Scenario #2: You can also sell Ether from the upper boundary at $4,320 if there is no market reaction to its breakdown, aiming for a reversal to $4,285 and $4,237. The material has been provided by InstaForex Company - www.instaforex.com

Trade Review and Advice on Trading the Japanese YenThe price test at 146.74 occurred when the MACD indicator was starting to move upward from the zero mark, which confirmed the correct entry point for buying the dollar and resulted in growth toward the target level of 147.48. Despite the lack of reports and strong demand for the yen in the first half of the day, things changed very quickly. Some market participants revised their expectations regarding the Fed's next steps and began to take profits. Today's driver for the pair will be the US price growth figures, though this data is scheduled for the second half of the day. For this reason, during the European session, nothing significant is likely to happen, and it is better to trade within a small range. Only sharp and unexpected statements from Japanese politicians could change the current market dynamics. As for the intraday strategy, I will focus more on implementing scenarios #1 and #2. Buy ScenarioScenario #1: Today, I plan to buy USD/JPY if the entry point around 147.59 (green line on the chart) is reached, aiming for growth to 148.29 (thicker green line on the chart). Around 148.29, I plan to exit the longs and open shorts in the opposite direction (expecting a move of 30–35 pips in the opposite direction). It's best to resume buying on corrections and significant pullbacks in USD/JPY. Important! Before buying, ensure the MACD indicator is above the zero mark and beginning to rise. Scenario #2: I also plan to buy USD/JPY today if there are two consecutive tests of the price at 147.23 when the MACD is in the oversold region. This will limit the pair's downward potential and lead to an upward reversal. You can expect growth to the opposite levels of 147.59 and 148.29. Sell ScenarioScenario #1: I plan to sell USD/JPY today only after the 147.23 level (red line on the chart) is broken, which will lead to a rapid decline in the pair. The key target for sellers is 146.45, where I plan to exit shorts and immediately open longs in the opposite direction (expecting a move of 20–25 pips in the opposite direction). It's best to sell as high as possible. Important! Before selling, ensure the MACD indicator is below the zero mark and is just starting to move down from it. Scenario #2: I also plan to sell USD/JPY today if there are two consecutive tests of the price at 147.59 when the MACD indicator is in the overbought area. This will limit the pair's upward potential and lead to a reversal downward. A decline can be expected toward the opposite levels of 147.23 and 146.45. 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 price test at 1.3573 occurred when the MACD indicator was starting to move downward from the zero line, which confirmed the correct entry point for selling the pound and resulted in a drop toward the target level of 1.3533. The pound declined against the dollar after buyers failed to hold the weekly high. This cautious approach, typical in the market ahead of the release of key economic data, is due not only to the desire to avoid unjustified risks but also to an understanding of the potential impact of this data on the future dynamics of the currency pair. US economic data—whether inflation, employment, or industrial production—can fundamentally shift the balance of power, triggering a sharp reassessment of US economic prospects and, consequently, the dollar's exchange rate. Unfortunately, once again, there is no UK data today, which could put even more pressure on the GBP/USD pair. In the absence of domestic drivers, the British currency becomes particularly sensitive to external factors—be it a strengthening dollar due to good news from the US or general nervousness in global markets. Investors, deprived of the opportunity to assess the state of the British economy based on fresh data, tend to be cautious and take profits, which certainly does not favor the pound's growth. However, it should not be forgotten that even in the absence of data, the market situation remains dynamic and unpredictable. Political statements, unexpected news from other countries, or even just technical factors can introduce their own adjustments to trading. As for the intraday strategy, I will focus more on implementing scenarios #1 and #2. Buy ScenarioScenario #1: Today, I plan to buy the pound if the entry point around 1.3545 (green line on the chart) is reached, targeting a rise to 1.3584 (thicker green line on the chart). Around 1.3584, I plan to exit the longs and open shorts in the opposite direction (looking for a move of 30–35 pips in the opposite direction from the level). A strong rally in the pound is unlikely today. Important! Before buying, ensure the MACD indicator is above the zero line and beginning to move upward. Scenario #2: I also plan to buy the pound today in the case of two consecutive tests of 1.3527 when the MACD indicator is in the oversold zone. This will limit the pair's downward potential and lead to an upward reversal. Growth to the opposite levels of 1.3545 and 1.3584 can be expected. Sell ScenarioScenario #1: Today, I plan to sell the pound after breaking through 1.3527 (red line on the chart), which will lead to a rapid decline in the pair. The key target for sellers will be 1.3495, where I plan to exit shorts and immediately open longs in the opposite direction (looking for a move of 20–25 pips in the opposite direction from the level). Sellers of the pound could assert themselves at any moment today. Important! Before selling, ensure the MACD indicator is below the zero line and is just starting to move down from it. Scenario #2: I also plan to sell the pound today in the case of two consecutive tests of the price at 1.3545 when the MACD indicator is in the overbought zone. This will limit the pair's upward potential and lead to a reversal downward. A decline can be expected toward the opposite levels of 1.3527 and 1.3495. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade Review and Advice on Trading the EuroThe price test at 1.1752 occurred when the MACD indicator had already moved significantly down from the zero mark, which, in my opinion, limited the downward potential of the pair. For this reason, I did not sell the euro. Despite the absence of key economic data from the United States, the dollar was able to partially recover its previously lost ground. This indicates that market participants chose to take a cautious stance, refraining from active trading. Nevertheless, such restraint may be misleading. Market conditions are still shaped by several factors that could put considerable pressure on the US currency in the future. Foremost among these are the ongoing debates about the future course of Federal Reserve monetary policy. This uncertainty fosters speculation and makes the dollar weaker. In addition, geopolitical instability and slowing global economic growth negatively affect investor sentiment, pushing them into safer assets. Today brings data on Italian industrial production. These figures are unlikely to set the direction for EUR/USD, but they are what we have. Given the low economic activity in the eurozone, any positive signal from Italian industry will support the euro and strengthen its position against the US dollar. However, it is essential to consider potential risks. Disappointing results, on the other hand, will fuel concern, reduce investor confidence in the euro, and lead to its depreciation. Markets react quickly to any signs of instability and are ready to put pressure on the euro at the slightest deterioration in Italy's economic situation. It should be understood that a simple increase in production volumes does not always signal a sustainable recovery. It is important to consider the structure of industrial production, export order dynamics, and overall economic circumstances. Only a comprehensive analysis will reveal whether Italy's industry is truly overcoming the crisis or if this is just a temporary phenomenon. As for the intraday strategy, I will focus more on implementing scenarios #1 and #2. Buy ScenarioScenario #1: You can buy the euro today if the price reaches the area of 1.1721 (green line on the chart), targeting growth to 1.1766. At the 1.1766 point, I plan to exit the market and also sell the euro in the opposite direction, aiming for a 30-35 pip move from the entry. Rely on euro growth only after strong data. Important! Before buying, ensure the MACD indicator is above the zero mark and beginning to rise. Scenario #2: I also plan to buy the euro today if there are two consecutive tests of the 1.1702 price when the MACD indicator is in the oversold zone. This limits the pair's downward potential and leads to an upward reversal. Growth is expected toward the opposite levels of 1.1721 and 1.1766. Sell ScenarioScenario #1: I plan to sell the euro after the 1.1702 level (red line on the chart) is reached. The target is 1.1664, where I plan to exit the market and buy immediately in the opposite direction (aiming for a move of 20–25 pips in the opposite direction from this level). Selling pressure on the pair will return if the data is weak. Important! Before selling, ensure the MACD indicator is below the zero mark and is just starting to drop from it. Scenario #2: I also plan to sell the euro today in the case of two consecutive tests of the price at 1.1721 when the MACD indicator is in the overbought zone. This will limit the pair's upward potential and lead to a reversal downward. Expect a decline to the opposite levels of 1.1702 and 1.1664. 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

Chainlink’s price is wrestling with key support near $21, a level that has drawn heavy attention from traders and institutions alike. Chainlink (LINK) was down 2% to $22.30 as selling pressure weighed on the token. The move comes at a time when derivatives activity in the asset has jumped sharply, raising both expectations of a rebound and the risk of further losses. Institutional Pathway Through 21X The network’s importance was reinforced after the launch of 21X, Europe’s first regulated tokenized securities platform. Approved under European rules, 21X connects financial institutions to blockchain infrastructure using Chainlink’s technology. CEO Max Heinzle described Chainlink as a vital backbone for tokenized markets, stressing that global institutions are lining up behind tokenization projects. By building on a regulated platform, Chainlink gains credibility in bridging traditional finance with decentralized networks. This development has been seen as a step toward establishing Chainlink as a core platform for tokenized assets. Its data feeds and interoperability features make it a practical link between standard securities and blockchain applications, adding momentum to its institutional appeal. Support And Resistance Levels In Focus Market watchers say LINK is testing major support at $22.10, with deeper support zones at $20.55 and $19. In a worst-case scenario, the coin could even revisit $17. On the upside, clearing the volume-weighted average price of $22.10 may open a path back to $24, and possibly $26, which marked the highs reached in August. At the time of writing, LINK was trading at $23.17, up 0.3% and 1.9% in the daily and weekly timeframes, data from Coingecko shows. Derivatives Market Points To Heavy Speculation According to CoinGlass, LINK futures volume jumped 51% to over $2 billion. The increase in futures volume is in sync with open interest, whose numbers likewise soared over 2% to $1.5 billion. These increases show a sharp rise in speculative bets at current levels. Traders seem to be sitting tight, indicating anticipation of a decisive action over a pullback. There are warnings that the levels of leverage are so high that they will encourage volatility. If support is maintained, the bulls could be in charge to drive LINK to $26. But if it fails to hold present levels, liquidations and deeper losses could follow. The coming sessions will be crucial. Chainlink, viewed as both a token and a critical piece of market infrastructure, now faces a battle around $22. How the price reacts here could determine whether optimism around institutional adoption translates into a sustained recovery, or if traders brace for another correction. Featured image from 21x.eu, chart from TradingView

Yesterday, US stock indices closed higher. The S&P 500 rose by 0.27%, while the Nasdaq 100 gained 0.37%. The industrial Dow Jones strengthened by 0.43%. The indices reached record highs on hopes that the Federal Reserve would cut interest rates to counter slowing employment. Although most S&P 500 stocks fell, the index advanced thanks to gains in all major technology companies except Apple Inc., whose shares slipped by 1.5% after the launch of the iPhone 17. Bond prices broke a four-day winning streak. Oil rose after an Israeli strike in Qatar reignited concerns of escalating tensions in the Middle East. Following new data pointing to a slowdown in the labor market, investors are now eagerly awaiting key inflation figures due today. These results will set the tone for next week's Fed meeting and help define the scale of monetary easing through the end of 2025. And this will undoubtedly determine whether Wall Street can hold on to this month's gains. Inflation expectations are pressuring bonds, which in turn affect yields and the overall attractiveness of equities. If inflation comes in higher than expected, the Fed may take a more hawkish stance, reducing demand for risk assets. Conversely, if inflation shows further cooling, the Fed is likely to signal its readiness for more aggressive monetary easing. That would lower bond yields, revive equities, and reinforce confidence in continued economic growth. With money markets almost fully pricing in three Fed rate cuts this year, the bar is high. Weakness in the labor market is pushing the Fed toward rate cuts, but inflation remains the key decision-making factor. If policymakers leave borrowing costs unchanged, Wall Street is likely to react negatively, given that a rate cut is nearly priced in. Options traders are betting that the S&P 500 will move modestly after Thursday's CPI release, with forecasts calling for a swing of about 0.6% in either direction. That is well below the average realized move of 1% over the past year. As for the technical picture of the S&P 500, the main task for buyers today will be to break through the nearest resistance level of $6,537. This would allow for further upside and open the way toward the next level at $6,552. An equally important objective for bulls will be to keep control over the $6,563 mark, which would strengthen buyers' positions. In case of a downside move amid weakening risk appetite, buyers will need to step in around $6,520. A breakout below this level would quickly push the instrument back to $6,505 and open the road toward $6,490. The material has been provided by InstaForex Company - www.instaforex.com

Where does the US economy stand? Judging by the cooling labor market, it is approaching a recession. The acceleration of August inflation will allow talk of stagflation. Both are bad for the S&P 500. So why is the stock market rising? A combination of fiscal and monetary stimulus alongside improved corporate reports usually emerges as the US economy exits a downturn. Under such conditions, the broad equity index typically soars. Investors can afford to keep buying the dips. A record negative BLS revision to employment data for the 12 months through March—down by 911,000—convinced investors of labor market weakness. If non-farm payrolls grew by 76,000 per month instead of the previously assumed 147,000, the Federal Reserve really should have continued the monetary easing cycle that began in September 2024. The US economy began to weaken under Joe Biden, which gives Donald Trump reason to wash his hands of the problem. Dynamics of US Employment Revisions But instead of increasing the anticipated pace of Fed monetary easing, the futures market reduced it. Derivatives now expect only a 6% chance of a 50 bp rate cut in September, down from 10%. The odds of three rounds of policy easing fell from 73% to 65%. The key was the federal judge's decision allowing Lisa Cook to continue serving as an FOMC governor. Otherwise, Trump would have replaced not one but two "doves" in the Fed's top ranks. Investors aren't particularly worried, since the central bank has ample reasons to cut the fed funds rate. Anticipation of a renewed easing cycle led to Treasury yields dropping to their lowest levels since 2022. Lower borrowing costs are great news for S&P 500 companies, as costs decrease and profits rise. US Treasury Yield Dynamics The "Magnificent Seven" stocks showed mixed performance. While Apple's shares fell 1.5% after its new mobile phone lineup disappointed investors, Alphabet rose on rumors that Google would increase its investment in the cloud business by $59 billion. Thus, markets are behaving as they do when the US economy is emerging from recession, but are prepared to shift sentiment to stagflation if the upcoming US PPI and CPI data beat forecasts. On the other hand, a slowdown in producer and consumer prices will open the door to a 50 bp Fed cut in September. This would further fuel the US equity market rally. Technically, on the daily S&P 500 chart, an inside bar was clearly played out. This allowed for an increase in long positions formed from 6415. Only a drop of the broad equity index below 6480 and 6460 would justify talk of a correction. For now, focus should remain on buying. The material has been provided by InstaForex Company - www.instaforex.com

After retesting the range lows, Bitcoin (BTC) has closed the week above a key area, momentarily preventing a breakdown to lower levels. Some market watchers suggested that reclaiming the local range highs this week will set the stage for another leg up, but an analyst warned of potential volatility in the coming days. Bitcoin Holds Crucial Weekly Support As the market moves sideways, Bitcoin has continued to trade within its local range between the $108,250-$111,140 levels since the start of the month. The cryptocurrency has shown mixed signals since the second half of August, failing to hold the crucial $109,000 level during the previous week. Analyst Rekt Capital asserted that BTC was showing “early signs of weakness,” and could see a bearish confirmation if it failed to hold this key level in the weekly timeframe. However, the flagship crypto surged to the range’s high over the past few days and closed the week at around $111,137, averting the potential breakdown in the short-term timeframe. “Bitcoin indeed didn’t fully confirm the breakdown; instead, price has reclaimed the $109k level as support and is now trying to rally higher in an effort to check if $114k has turned into new resistance after being lost as support a few weeks ago,” the analyst noted. According to Rekt Capital, BTC’s retest of this level as resistance will be down to an inverse Head and Shoulders pattern forming on the daily timeframe, which has the $113,000 area as the pattern’s neckline. A daily close above this level could set Bitcoin up for a potential post-breakout retest of this zone, fueling a rally toward the key weekly resistance level. Ali Martinez also affirmed that breaking pass $113,000 would set the cryptocurrency “on track for $116,000 and possibly $119,000.” The New Key Pivot Point For BTC Rekt Capital highlighted that a daily close above this level would “also confirm that the price is going to occupy the upper half of the Daily Bollinger Bands,” as the middle band sits around the $112,000 level. “Turning the mid-point (orange) of the BBands into support tends to set price up for a move to the very top of the Upper Band, which happens to be around the $116k level,” he explained, noting that the upper band coincides with the Monthly Range High resistance level. The market watcher detailed that BTC has been consolidating within the Macro Monthly Range at $107,200-$115,711, recently bouncing from the range lows. As a result, its price “is now ready to try and challenge the Range High over time.” Bitcoin must close the week above $114,000 to retest the macro range high and build a base for a potential third Price Discovery Uptrend. “It’s all about $114k going forward as a key pivot point for price,” he concluded. Notably, BTC attempted to break out of a key area on Tuesday morning, hitting the $113,000 mark before retracing to $110,000. Nonetheless, Ted Pillows warned that the cryptocurrency could face some volatility in the coming days as US CPI data is coming on September 11. He underscored that the last 3 CPI data resulted in a 9%-11% price drop for BTC, with August seeing the largest dip in the past few months. A similar correction could drive Bitcoin’s price to the $100,000 barrier, not seen since June. As of this writing, BTC trades at $111,276, a 1% decline in the daily timeframe.

The US dollar has actively regained some of the positions it lost at the beginning of the week. This indicates that traders are taking a wait-and-see approach ahead of important fundamental data. It is clear that the market is influenced by a range of factors that could, in the long term, exert significant pressure on the US currency. Chief among these is the ongoing debate about the future monetary policy of the Federal Reserve. Despite inflation showing signs of rising, the Fed is set to lower interest rates at the upcoming meeting in September of this year. Much will depend on today's US inflation data, which we will discuss in more detail later on. During the European session, focus should be on the data concerning Italy's industrial production. These figures will set the tone for the upcoming trade in the European currency market. Against the backdrop of sluggish economic activity in the eurozone, any hints of a revival in Italian industry could provide a breath of fresh air for the euro, supporting its weakened position against the US dollar. Weak numbers, on the contrary, will heighten fears of recession in the region, undermine investor confidence in the European currency, and provoke its decline. If the data matches economists' expectations, it is best to act based on the Mean Reversion strategy. If the data turns out to be much higher or lower than economists' expectations, it is best to use the Momentum strategy. Momentum Strategy (Breakout):EUR/USDBuying on a breakout of 1.1728 could lead to euro growth toward 1.1760 and 1.1813 Selling on a breakout of 1.1695 could lead to a euro decline toward 1.1668 and 1.1630 GBP/USDBuying on a breakout of 1.3553 could take the pound toward 1.3587 and 1.3615 Selling on a breakout of 1.3520 could lead to a pound decline toward 1.3484 and 1.3451 USD/JPYBuying on a breakout of 147.50 could take the dollar toward 147.84 and 148.13 Selling on a breakout of 147.25 could lead to dollar sales toward 146.90 and 146.60 Mean Reversion Strategy (Pullbacks): EUR/USDI'll look for sells after a failed breakout above 1.1725 and a return below this level I'll look for buys after a failed breakout below 1.1686 and a return above this level GBP/USDI'll look for sells after a failed breakout above 1.3549 and a return below this level I'll look for buys after a failed breakout below 1.3508 and a return above this level AUD/USDI'll look for sells after a failed breakout above 0.6626 and a return below this level I'll look for buys after a failed breakout below 0.6574 and a return above this level USD/CADI'll look for sells after a failed breakout above 1.3865 and a return below this level I'll look for buys after a failed breakout below 1.3828 and a return above this level The material has been provided by InstaForex Company - www.instaforex.com

[Crude Oil] – [Wednesday, September 10, 2025] With the EMA(50) and EMA(200) forming a Golden Cross and the RSI in the Neutral-Bullish area, this could support a bullish bias for #CL throughout the day. Key Levels Resistance 2: 64.18 Resistance 1: 63.47 Pivot: 62.92 Support 1: 62.21 Support 2: 61.66Tactical Scenario Positive Reaction Zone: If the price of Crude Oil breaks and closes above 63.47, it has the potential to continue strengthening to 64.18. Momentum Extension Bias: If 64.18 is broken and closed above, #CL could further extend gains to 64.73. Level Invalidation / Bias Revision The upside bias weakens if #CL weakens, breaks, and closes below 61.66. Technical Summary EMA(50): 62.85EMA(200): 63.05RSI(14): 61.18 Economic News Releases Agenda: Today, there will be economic data releases from the United States tonight: US - Core PPI m/m - 19:30 WIBUS - PPI m/m - 19:30 WIBUS - Final Wholesale Inventories m/m - 21:00 WIB US - Crude Oil Inventories - 21:00 WIB The material has been provided by InstaForex Company - www.instaforex.com

[AUD/JPY] – [Wednesday, September 10, 2025] Today, AUD/JPY has the potential to strengthen towards its nearest resistance level due to the EMA Golden Cross condition and RSI being in the Neutral-Bullish area. Key Levels 1. Resistance. 2 : 64.18. 2. Resistance. 1 : 63.47. 3. Pivot : 62.92. 4. Support. 1 : 62.21. 5. Support. 2 : 61.66. Tactical Scenario Positive Reaction Zone: If the AUD/JPY price manages to break and close above 97.27, it has the potential to test the next resistance at 97.52. Momentum Extension Bias: If 97.52 is broken and closed above, AUD/JPY may continue its strengthening towards 97.78.Level Invalidation / Bias Revision The upside bias weakens if AUD/JPY declines and closes below 96.50. Technical Summary EMA(50): 97.02EMA(200): 96.61 RSI(14): 67.14 Economic News Release Agenda: Today, there will be economic data releases from the United States tonight: US - Core PPI m/m - 19:30 WIBUS - PPI m/m - 19:30 WIBUS - Final Wholesale Inventories m/m - 21:00 WIB US - Crude Oil Inventories - 21:00 WIB The material has been provided by InstaForex Company - www.instaforex.com

Since a retest on its key medium-term “Expanding Wedge” range support on 22 August 2025, the AUD/USD has staged a minor bullish reversal and rallied by 3.2% (low to high) to print an intraday high of 0.6620 on Tuesday, 9 September 2025, on the backdrop of a broad-based weaker US dollar against other major currencies in anticipation of a Fed dovish pivot. Read more on US CPI Preview: Implications for the DXY & Federal Reserve Fig. 1: One-day rolling performances of the US dollar against major currencies as of 10 Sep 2025 (Source: TradingView) In today’s Asia session, on 10 September, the Australian dollar is the strongest-performing currency among the majors against the US dollar. Based on a one-day rolling performance, the USD/AUD cross rate has declined by -0.3%, much more than the US Dollar Index, which is trading almost unchanged (see Fig. 1). The current upswing in AUD/USD has been reinforced by easing concerns over a potential deflationary spiral in China from the latest key inflationary trends data for August. China’s core CPI has swung up further into growth territory Fig. 2: China CPI and core CPI with AUD/USD as of 10 Sep 2025 (Source: TradingView) China is a key trading partner of Australia, where a higher consumer demand from China on Australia’s raw minerals products is likely to exert upside pressure on the Aussie dollar. Despite the weaker-than-expected headline China’s consumer prices (CPI) that dropped to -0.4% y/y in August from a flat reading in July, and missing forecasts of a -0.2% y/y fall, the core CPI (excluding food and energy) has improved to a further positive reading of 0.9% y/y in August from 0.8% y/y in July, Overall, the core CPI trend in China has trended higher over the past six months, since the February 2025 print of -0.1% year-over-year. Interestingly, the long-term movement (monthly chart) of the AUD/USD has a direct correlation with the trend of China’s core CPI (see Fig. 2). China’s improving core CPI trend is likely to lift consumer confidence, which has remained subdued since the post-COVID period and the property market downturn. A recovery in sentiment could drive stronger demand for Australia’s raw minerals, creating a positive feedback loop that supports further strength in the Aussie dollar. Let’s now decipher the short-term trajectory (1 to 3 days) of the AUD/USD and its key levels to watch from a technical analysis perspective. Fig. 3: AUD/USD minor trend as of 10 Sep 2025 (Source: TradingView) Fig. 4: AUD/USD medium-term trend as of 10 Sep 2025 (Source: TradingView) Preferred trend bias (1-3 days) Since its minor swing low of 0.6501 printed on 4 September 2025, AUD/USD is now undergoing a potential minor bullish acceleration phase after a retest of its 20-day moving average. Bullish bias above 0.6580 key short-term pivotal support, and a clearance above 0.6620 sees the next intermediate resistances coming in at 0.6640 and 0.6660/0.6680 (also a Fibonacci extension cluster) (see Fig. 3). Key elements Price actions of the AUD/USD have traded back above the 20-day and 50-day moving averages since last Friday, 5 September 2025, which reinforces a minor uptrend phase that is still in progress.The hourly RSI momentum indicator has managed to stage a rebound at its parallel ascending support, suggesting that the short-term bullish momentum condition remains intact.The AUD/USD is still evolving within a medium-term “Expanding Wedge” configuration since 22 April 2025, with the upper limit/resistance of the “Expanding Wedge” standing at 0.6660/0.6700 (also the long-term secular descending trendline from 25 February 2021 high) (see Fig. 4).Alternative trend bias (1 to 3 days) A break below 0.6580 key short-term support invalidates the bullish scenario on the AUD/USD to trigger off another round of minor corrective decline sequence to expose the next intermediate supports at 0.6550 and 0.6525. 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.

Macroeconomic Report Review: Very few macroeconomic reports are scheduled again for Wednesday. Only the US Producer Price Index (PPI) stands out. Last month, this indicator posted a sensational figure of +0.9% against a forecast of 0.3%, which triggered a strong market reaction. However, in most cases, the actual value for this indicator differs little from the estimates. Therefore, today, a market reaction is only possible in the case of a second consecutive strong deviation. No important publications are scheduled today for the Eurozone, Germany, or the UK. Fundamental Events Review: There is absolutely nothing to highlight among fundamental events on Wednesday. Bank of England and Federal Reserve meetings will take place next week, so there's no reason to expect monetary policy comments from representatives of these central banks at the moment. Moreover, there are no doubts among traders about the expected rate decisions. The BoE is almost guaranteed to keep its rate unchanged due to high inflation. The Fed is almost guaranteed to cut the rate because of the weak labor market. Thus, the euro and pound still have every chance to continue strengthening against the US dollar. General Conclusions:During the third trading day of the week, both currency pairs may resume their upward movement. The euro and the pound both showed illogical declines yesterday, so today the market may seek to "restore justice." For any movement in the euro, new signals are needed, which may form in the areas of 1.1655–1.1666 and 1.1737–1.1745. The pound sterling is currently in the 1.3529–1.3543 area, so consolidation above or a bounce from this area will give novice traders a chance to enter the market. Key Rules for the Trading System:Signal Strength: The shorter the time it takes for a signal to form (a rebound or breakout), the stronger the signal.False Signals: If two or more trades near a level result in false signals, subsequent signals from that level should be ignored.Flat Markets: In flat conditions, pairs may generate many false signals or none at all. It's better to stop trading at the first signs of a flat market.Trading Hours: Open trades between the start of the European session and the middle of the US session, then manually close all trades.MACD Signals: On the hourly timeframe, trade MACD signals only during periods of good volatility and a clear trend confirmed by trendlines or trend channels.Close Levels: If two levels are too close (5–20 pips apart), treat them as a support or resistance zone. Stop Loss: Set a Stop Loss to breakeven after the price moves 15–20 pips in the desired direction.Key Chart Elements:Support and Resistance Levels: These are target levels for opening or closing positions and can also serve as points for placing Take Profit orders. Red Lines: Channels or trendlines indicating the current trend and the preferred direction for trading. MACD Indicator (14,22,3): A histogram and signal line used as a supplementary source of trading signals. Important speeches and reports, which are consistently featured in the news calendar, can significantly influence the movement of a currency pair. Therefore, during their release, it is advisable to trade with caution or consider exiting the market to avoid potential sharp price reversals against the prior trend. Beginners in the Forex market should understand that not every transaction will be profitable. Developing a clear trading strategy and practicing effective money management are crucial for achieving long-term success in trading. The material has been provided by InstaForex Company - www.instaforex.com

Tuesday Trade Review:1H Chart of GBP/USD The GBP/USD pair also traded lower on Tuesday, but by the end of the day, the British pound lost much less than the euro. Thus, the pound's position remains much more promising compared to the euro. On the second trading day of the week, there were no important events in the UK, while in the US, the annual Non-Farm Payrolls report was published. Although the total Nonfarm figure for the last 12 months was revised downward by 911,000, this didn't really upset traders. We would say that the report was largely ignored. Nevertheless, we believe that the negative fundamental and macroeconomic backdrop continues to build up. Over the past two months, market volatility has fallen, but it won't stay that way forever. Sooner or later, the market will "wake up" and will immediately recall all the failures in US data and all the negative news. So maybe current market movements aren't the best, but the dollar still has no reason to rise. 5M Chart of GBP/USD On the 5-minute chart on Tuesday, there were as many as four trading signals. During the entire European session, the price bounced from the 1.3574–1.3590 area, so novice traders could have opened short positions. Then, there were bounces from 1.3543, from 1.3574, and a breakout of the 1.3529–1.3543 area. We do not consider yesterday's decline logical; the last two trading signals were clearly at odds with the character of the NonFarm Payrolls report. How to Trade on Wednesday:On the hourly chart, the GBP/USD pair is showing signs of resuming the uptrend, and on higher timeframes, the uptrend remains intact. Thus, the moves we have seen recently on the hourly chart are just a pause within the larger uptrend. As we have said before, we see no reason for a medium-term dollar rally, so we expect the British currency to keep growing. On Wednesday, the GBP/USD pair may resume moving north, as yesterday's drop was not justified. We believe the price could break through the 1.3529–1.3543 area today, which would signal buying opportunities. A bounce from this area would allow opening short positions targeting 1.3466–1.3475. On the 5-minute chart, you can currently trade at levels: 1.3102–1.3107, 1.3203–1.3211, 1.3259, 1.3329–1.3331, 1.3413–1.3421, 1.3466–1.3475, 1.3529–1.3543, 1.3574–1.3590, 1.3643–1.3652, 1.3682, 1.3763. No significant events are scheduled for Wednesday in the UK, while in the US, the Producer Price Index will be published, which may only provoke a trader reaction in the case of a strong deviation from forecasts. Core Trading System Rules:Signal Strength: The shorter the time it takes for a signal to form (a rebound or breakout), the stronger the signal.False Signals: If two or more trades near a level result in false signals, subsequent signals from that level should be ignored.Flat Markets: In flat conditions, pairs may generate many false signals or none at all. It's better to stop trading at the first signs of a flat market.Trading Hours: Open trades between the start of the European session and the middle of the US session, then manually close all trades.MACD Signals: On the hourly timeframe, trade MACD signals only during periods of good volatility and a clear trend confirmed by trendlines or trend channels.Close Levels: If two levels are too close (5–20 pips apart), treat them as a support or resistance zone.Stop Loss: Set a Stop Loss to breakeven after the price moves 20 pips in the desired direction.Key Chart Elements:Support and Resistance Levels: These are target levels for opening or closing positions and can also serve as points for placing Take Profit orders. Red Lines: Channels or trendlines indicating the current trend and the preferred direction for trading. MACD Indicator (14,22,3): A histogram and signal line used as a supplementary source of trading signals. Important Events and Reports: Found in the economic calendar, these can heavily influence price movements. Exercise caution or exit the market during their release to avoid sharp reversals. Forex trading beginners should remember that not every trade will be profitable. Developing a clear strategy and practicing proper money management are essential for long-term trading success. The material has been provided by InstaForex Company - www.instaforex.com

Tuesday Trade Review:1H Chart of EUR/USD The EUR/USD currency pair on Tuesday showed a downward move for inexplicable reasons. Recall that the annual NonFarm Payrolls report was supposed to be released that day—a report that initially bore nothing good for the US dollar. In the end, the annual Nonfarm figure was revised down by almost 1 million jobs. So, the dollar had excellent chances to continue its decline yesterday. But instead, we saw it rise. It's important to note that trading is taking place on the 5-minute chart. In this trading style (intraday), trades rarely depend on the nature of macroeconomic events. In other words, two trading signals were formed yesterday that could have been executed regardless of the NonFarm Payrolls report. The macroeconomic backdrop only adjusts technical analysis. Therefore, nothing is alarming about the dollar strengthening. The move simply looked odd and illogical. On the hourly chart, the uptrend is still in place as indicated by the trendline. 5M Chart of EUR/USD On the 5-minute chart on Tuesday, two trading signals were formed. First, the pair bounced from the 1.1737–1.1745 area but managed to rise only about 15 pips, which was enough to set a Stop Loss at breakeven. During the US trading session, a sell signal was formed; however, in this case, it would not have been worth the risk of opening short positions, given the weakness of the NonFarm Payrolls report. How to Trade on Wednesday:On the hourly timeframe, the EUR/USD pair has every chance to resume the uptrend that has been forming since the beginning of the year—the flat can be considered over. The fundamental and macroeconomic backdrop remains disastrous for the US dollar, so we still expect no strengthening of the American currency. In our view, as before, the US dollar can only count on technical corrections. On Wednesday, the EUR/USD pair may resume its upward movement, since the previous day's decline was absolutely illogical. However, new trading signals are needed in the 1.1655–1.1666 and 1.1737–1.1745 areas. On the 5-minute chart, you should watch the levels: 1.1198–1.1218, 1.1267–1.1292, 1.1354–1.1363, 1.1413, 1.1455–1.1474, 1.1527, 1.1571–1.1584, 1.1655–1.1666, 1.1737–1.1745, 1.1808, 1.1851, 1.1908. On Wednesday, the US will release the Producer Price Index, which, in our view, is not very important. Last month, the PPI showed a strong number and triggered a decent market reaction. If today's figure is much different from the forecast, the reaction could also be significant. Core Trading System Rules:Signal Strength: The shorter the time it takes for a signal to form (a rebound or breakout), the stronger the signal.False Signals: If two or more trades near a level result in false signals, subsequent signals from that level should be ignored.Flat Markets: In flat conditions, pairs may generate many false signals or none at all. It's better to stop trading at the first signs of a flat market.Trading Hours: Open trades between the start of the European session and the middle of the US session, then manually close all trades.MACD Signals: On the hourly timeframe, trade MACD signals only during periods of good volatility and a clear trend confirmed by trendlines or trend channels.Close Levels: If two levels are too close (5–20 pips apart), treat them as a support or resistance zone.Stop Loss: Set a Stop Loss to breakeven after the price moves 15 pips in the desired direction.Key Chart Elements:Support and Resistance Levels: These are target levels for opening or closing positions and can also serve as points for placing Take Profit orders. Red Lines: Channels or trendlines indicating the current trend and the preferred direction for trading. MACD Indicator (14,22,3): A histogram and signal line used as a supplementary source of trading signals. Important Events and Reports: Found in the economic calendar, these can heavily influence price movements. Exercise caution or exit the market during their release to avoid sharp reversals. Forex trading beginners should remember that not every trade will be profitable. Developing a clear strategy and practicing proper money management are essential for long-term trading success. The material has been provided by InstaForex Company - www.instaforex.com

Solana started a fresh increase above the $215 zone. SOL price is now consolidating above $212 and might aim for more gains above the $220 zone. SOL price started a fresh upward move above the $205 and $212 levels against the US Dollar. The price is now trading above $212 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $216 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $220 resistance zone. Solana Price Eyes Upside Break Solana price started a decent increase after it found support near the $202 zone, beating Bitcoin and Ethereum. SOL climbed above the $208 level to enter a short-term positive zone. The price even smashed the $215 resistance. The bulls were able to push the price above the $218 barrier. A high was formed at $220 and the price is consolidating gains above the 23.6% Fib retracement level of the upward move from the $199 swing low to the $220 high. Solana is now trading above $212 and the 100-hourly simple moving average. There is also a bullish trend line forming with support at $216 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $220 level. The next major resistance is near the $228 level. The main resistance could be $232. A successful close above the $232 resistance zone could set the pace for another steady increase. The next key resistance is $244. Any more gains might send the price toward the $250 level. Downside Correction In SOL? If SOL fails to rise above the $220 resistance, it could start another decline. Initial support on the downside is near the $216 zone and the trend line. The first major support is near the $210 level or the 50% Fib retracement level of the upward move from the $199 swing low to the $220 high. A break below the $210 level might send the price toward the $202 support zone. If there is a close below the $202 support, the price could decline toward the $195 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $216 and $210. Major Resistance Levels – $220 and $232.

XRP price gained pace for a move above the $2.920 resistance. The price is now correcting some gains and might find bids near $2.920. XRP price is facing hurdles and struggling to clear the $3.00 resistance. The price is now trading above $2.920 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2.9650 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it stays above the $2.920 zone. XRP Price Remains Supported for Gains XRP price managed to stay above the $2.8320 level and started a fresh increase, beating Bitcoin and Ethereum. The price climbed above the $2.920 and $2.950 resistance levels. The bulls even pumped the price above the $3.00 level. A high was formed at $3.0365 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $2.794 swing low to the $3.036 high. Besides, there was a break below a bullish trend line with support at $2.9650 on the hourly chart of the XRP/USD pair. The price is now trading above $2.920 and the 100-hourly Simple Moving Average. If the bulls protect the $2.920 support, the price could attempt another increase. On the upside, the price might face resistance near the $2.980 level. The first major resistance is near the $3.00 level. A clear move above the $3.00 resistance might send the price toward the $3.0350 resistance. Any more gains might send the price toward the $3.120 resistance. The next major hurdle for the bulls might be near $3.150. More Downsides? If XRP fails to clear the $3.00 resistance zone, it could continue to move down. Initial support on the downside is near the $2.9350 level. The next major support is near the $2.920 level or the 50% Fib retracement level of the upward move from the $2.794 swing low to the $3.036 high. If there is a downside break and a close below the $2.920 level, the price might continue to decline toward $2.860. The next major support sits near the $2.850 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now near the 50 level. Major Support Levels – $2.9350 and $2.920. Major Resistance Levels – $2.980 and $3.00.

In a new market breakdown published today, crypto analyst CryptoInsightUK argues that XRP has reached a “liquidity flashpoint” that could accelerate price discovery toward the mid-$4 range once key resistance is reclaimed. He anchors the call to a cluster of liquidity sitting above the $3.40 area and an improving relative-strength backdrop versus Bitcoin, Ethereum and even gold, while cautioning that the US CPI print due tomorrow could inject short-term volatility in either direction. Be aware that tomorrow there is CPI news coming from the US and it probably, most likely at this point in the market, brings with it some sort of volatility,” he said, adding that while the move “could be to the upside,” there is still “liquidity sitting below us” that could be swept before continuation. The analyst frames the recent grind higher as constructive but “choppy,” with a pattern of slightly higher lows that would invalidate quickly if one of those pivots is lost. $4.20–$4.50 Is The Target Zone As XRP Liquidity Builds XRP remains his top altcoin setup. “XRP is the base case of something that I think is looking pretty strong right now,” he said. The pair has “formed a nice bottoming pattern” and broken out, but is now “fighting against these previous swing highs.” In his view, the immediate task is a sequence of closes through successive resistance shelves—including the zone just under $3.40—after which the path to the former peak opens. “As soon as we start to get that level broken then… we could argue that all-time highs [are] back on the table,” he said, noting that from the recent local bottom XRP is “up 11%,” and that another ~10% burst through resistance “probably comes pretty quickly.” On higher time frames, he highlights a stacked band of resting interest overhead. “On the daily [for XRP, there is] significant liquidity above us and over the last 2–3 days more has been building in here. When we start to break that $3.40 level… this is the all-time high and we probably resume this march back towards $4.20, $4.30 and then realistically $4.50 is where all this liquidity is sitting right now.” While he characterizes that as the base case, he keeps risk balanced: “It’s not time to get 100% definite [that we’re] going to the upside… We could argue that [liquidity below] could be taken before we go higher especially if Bitcoin and ETH come down.” The cross-asset context matters for his XRP view. He sees Bitcoin at an inflection defined by structural waypoints—“a break above the $111,003 and then… $114,300… and then… above this high here about $117k”—with the daily map still showing “significant liquidity above.” Ethereum, he says, has a “dense” pocket of bids just below, but has been “losing strength against other alts,” creating a window in which ETH might wick lower to clean up liquidity while alts with stronger relative momentum hold up better. That relative momentum is where he places XRP. On XRP/ETH, he notes a sequence of “lows, highs, higher lows and higher highs,” arguing the pair is “back in an uptrend.” He draws attention to the four-hour RSI repeatedly tagging overbought during prior upside phases: “When we start to hit this four hour overbought area… momentum looks like it is pushing back to the upside… it has led to quite significant price action.” He flags 0.000071 on XRP/ETH as a confirmation pivot that would “give us more confirmation back to the upside.” A similar story appears on XRP/BTC, where he wants to see “a real good green day” to break the downtrend after a “bullish cross on the daily RSI.” He extends the relative framework beyond crypto. On XRP/gold, the analyst says the weekly structure “actually bounced pretty well off the 702 Fibonacci retracement,” with a clean back-test of prior range highs and “bullish cross” momentum. Projecting from current consolidation, he cites a potential 4.236 extension that, mechanically, implies substantial outperformance: “For a 4.236 extension from where we are now it would be about a 700% outperformance from gold… so if we just say five to six hundred percent that would be bloody nice for XRP.” He is careful to note that gold could also move, which would affect the nominal translation. Despite the urgency of the title levels, he repeatedly frames the next 24–48 hours as path-dependent. Bitcoin dominance sits at a decision point in his model; a breakdown from its “ascending wedge” would, in his view, validate the altcoin-outperformance regime he has been anticipating. “It could get very exciting very soon,” he said. “Or we could just have a few more days of chop.” Still, the directional bias is clear: “I think that I’ve said that XRP I think is leading the market. I still believe that.” His bottom line for XRP is conditional but pointed: reclaim and hold above ~$3.40, convert that resistance into support, and the liquidity magnets at ~$4.20–$4.50 come into play quickly. Fail the near-term tests, especially into a volatile macro print, and a final dip to harvest downside liquidity remains on the table before any renewed advance. At press time, XRP traded at $2.96.

Ethereum price started a fresh decline below the $4,450 zone. ETH is now consolidating and might aim for a fresh increase if it clears $4,380. Ethereum is still struggling to recover above the $4,400 zone. The price is trading below $4,380 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave if it settles above $4,350 and $4,380. Ethereum Price Faces Hurdles Ethereum price started a recovery wave after it formed a base above the $4,260 zone, like Bitcoin. ETH price was able to climb above the $4,320 and $4,350 resistance levels before the bears appeared. The price struggled to clear the $4,385 level. A high was formed at $4,3873 and the price started to decline again. There was a move below the $4,320 support level. The recent low was formed at $4,268 and the price is now consolidating losses above the 23.6% Fib retracement level of the recent decline from the $4,387 swing high to the $4,268 low. Ethereum price is now trading below $4,350 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,340 level. Besides, there is a key bearish trend line forming with resistance at $4,340 on the hourly chart of ETH/USD. The next key resistance is near the $4,360 level or the 76.4% Fib retracement level of the recent decline from the $4,387 swing high to the $4,268 low. The first major resistance is near the $4,385 level. A clear move above the $4,385 resistance might send the price toward the $4,420 resistance. An upside break above the $4,420 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,500 resistance zone or even $4,550 in the near term. More Downside In ETH? If Ethereum fails to clear the $4,340 resistance, it could start a fresh decline. Initial support on the downside is near the $4,265 level. The first major support sits near the $4,220 zone. A clear move below the $4,220 support might push the price toward the $4,200 support. Any more losses might send the price toward the $4,160 support level in the near term. The next key support sits at $4,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now near the 50 zone. Major Support Level – $4,260 Major Resistance Level – $4,385

Bitcoin (BTC) continues to defend the $112,000 support level following days of tepid price action, unable to give a clear indication about the potential direction of its next move. Latest exchange data from Binance shows a recent dip in whale activity, suggesting BTC likely avoided another massive sell-off. Bitcoin Defends $112,000 Against Whale Sell-Off According to a CryptoQuant Quicktake post by contributor Arab Chain, recent data from the Binance crypto exchange shows that there was a sudden spike in whale activity on the exchange on September 7, when the BTC: Exchange Whale Ratio surged to 0.55. However, this surge was quickly followed by a decline in the metric, as the BTC: Exchange Whale Ratio tumbled to 0.28, on September 8. However, the price remained stable around $112,500, suggesting that whale movements were short-lived and did not lead to a sell-off in BTC. The CryptoQuant analyst remarked that the fall in whale pressure toward the end of the period is a positive short-term signal. In essence, the likelihood of a sharp price correction driven by whale sell-offs on Binance is now significantly reduced. Arab Chain added: The frequent whale fluctuations in late August and early September highlight that major players are still moving large volumes – meaning risks remain, and the market could be caught off guard by a sudden move if substantial exchange inflows are converted into market orders. However, the analyst cautioned that the relationship is not always absolute. Although the rise in the metric has often been associated with a fall in the price of BTC, not every spike has led to a clear decline in price. As seen in the above chart, there have been instances of whale activity surging beyond 0.5 for multiple days – accompanied by positive net inflows to exchanges. Arab Chain noted that such dynamics may lead to a failure to maintain the $112,000 level, and possibly trigger a drop to $108,000. Historical data for September shows that the beginning of the month is typically quiet in terms of whale pressure on Binance, except for the occasional quick jump. While this offers a safer environment for a gradual rise, it also gives whales a chance to exert pressure on the market, especially if the overall demand is weak. Is BTC Yet To Hit Its Peak? While BTC is currently trading roughly 10% below its latest all-time high (ATH) of $124,128, some crypto experts opine that the flagship cryptocurrency is yet to hit its peak for this market cycle. In recent analysis, Bitcoin researcher Sminston predicted that BTC may top out anywhere between $200,000 – $290,000 sometime in 2026. At press time, BTC trades at $112,639, down 0.1% in the past 24 hours.

EUR/USD The euro made a false breakout above the daily MACD line (gray square). Formally, it is believed that the dollar strengthened due to risk-off moves by investors following the downward revision of last year's employment data. From March 2024 to March 2025, 900,000 fewer jobs were created, and now this is being seen as a crisis situation. But this is merely a pretext, as the dollar had already been strengthening since the morning. We believe investors continue to close positions in anticipation of a hawkish stance from the Fed at the September 17 meeting. The daily trading volume was slightly above the average of the past month and a half. The euro is now targeting support at 1.1632. Consolidation below this level would signal readiness for a push to 1.1495. The Marlin oscillator is in positive territory, so a breakout below the nearest support is not expected in the next two days. Elevated volatility and range-bound trading continue. On the four-hour chart, the price is approaching the MACD line. Here, the Marlin oscillator is in negative territory, so after the price consolidates below the MACD line (1.1680), sideways movement below 1.1632 is likely. The material has been provided by InstaForex Company - www.instaforex.com