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BTCUSD, 15-minute timeframe chart BTCUSD retested the resistance level of 63,750.00 👉Level explanation BTCUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 63,750.00. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 63,710.10. Set your stop loss at 64,410.10 above the previous high ($7.00 loss for 0.01 lot) and take profit at 63,010.10 ($7.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

GBPUSD, 1-hour timeframe chart GBPUSD retested the resistance level of 1.33490 👉Level explanation GBPUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.33490. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.33480. Set your stop loss at 1.33745 above the previous high ($2.65 loss for 0.01 lot) and take profit at 1.33215 ($2.65 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

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#economic_calendar These events may affect the market on 26 September. 🔥 Don't forget to get a 100% deposit bonus!

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EURUSD, 30-minute timeframe chart EURUSD tested the resistance level of 1.12000 👉General outlook EURUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.12000. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.11960. Set your stop loss at 1.12210 above the previous high ($2.50 loss for 0.01 lot) and take profit at 1.11710 ($2.50 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🚀 Gold price continues to set new records Gold (XAU) rose towards a record high on Tuesday as the U.S. CB Consumer Confidence figures were lower than expected. 👉 Possible effects for traders Weaker U.S. macroeconomic data put significant downward pressure on the U.S. dollar (USD), bringing it closer to its year-to-date low while pushing the gold price towards a new all-time high. Consumer Confidence Index dropped towards 98.7 in September, down from 105.6 in August, while the Present Situation Index declined towards 124.3 from 134.6. A Richmond Federal Reserve (Fed) survey showed that manufacturing activity remained weak, with the composite index falling towards −21 in September from August's −19. The CME Group's FedWatch Tool indicates that markets are pricing in over a 60% probability of the Fed cutting interest rates by another 50 basis points at the November meeting. Additionally, ongoing geopolitical risks from conflicts in the Middle East and uncertainty surrounding the upcoming U.S. presidential election are expected to support XAUUSD. Traders may await clearer signals regarding the Fed's potential rate cuts before placing large orders. This week's key events include speeches from influential Fed members, notably Fed Chair Jerome Powell on Thursday. Moreover, Friday's U.S. Personal Consumption Expenditure (PCE) Price Index will likely impact USD demand and XAUUSD movements. XAUUSD touched $2,670 today before pulling back as bulls took profits, with the daily chart showing slightly overbought conditions. Additionally, the current risk-on sentiment fueled by China's new stimulus measures has shifted some demand away from the safe-haven metal. However, a significant corrective drop appears unlikely due to ongoing expectations of more aggressive policy easing by the Fed. The U.S. New Home Sales report today at 2:00 p.m. UTC may trigger some slight volatility. ‘Spot gold may extend gains into $2,675 to $2,689 per ounce, as it has broken key resistance at $2,633’, said Reuters analyst Wang Tao. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🚀 EURUSD rises as Fed's aggressive rate cuts outpace ECB The euro (EUR) gained 0.61% against the U.S. dollar (USD) on Tuesday as a worse-than-expected Consumer Confidence report revived hopes for more rate cuts by the Federal Reserve (Fed), weakening the greenback. 👉 Possible effects for traders Conference Board (CB) report showed that U.S. consumer sentiment deteriorated sharply in September, falling towards a six-month low of 98.7 from an upwardly revised 105.6 mark recorded in August. The Consumer Confidence Index (CCI) was significantly below the expected 104 as worries over the U.S. labour market health grew while inflation remained a concern for most households. ‘If the Fed follows through with a relatively aggressive easing cycle over the next year, that could shore up consumers' optimism in the state of the economy and keep the economy from a hard landing’, said Ben Ayers, senior economist at Nationwide. Indeed, that is exactly what the market expects the Fed to do. The probability of another 50-basis-point rate cut at its next meeting on 7 November has increased to 60.2%. Meanwhile, the European Central Bank (ECB) is still expected to gradually ease its policy despite the many economic challenges it faces. ‘I would expect us to continue to gradually reduce interest rates in the coming time, also in the first half of 2025. I don't expect rates to return to the extremely low levels we saw before the pandemic. They will likely end up on a somewhat more natural level’, said Klaas Knot, a Dutch ECB governing council member. Either way, the divergence in monetary policy expectations between the ECB and the Fed continues to favour the euro, with bulls now targeting a key level of 1.12200—a 15-month high. Today, the macroeconomic calendar is relatively uneventful. Still, the release of the U.S. New Home Sales report at 2:00 p.m. UTC may add some volatility to USD-related pairs, including EURUSD. Higher-than-expected figures may dent the bullish trend slightly but are unlikely to reverse it. Conversely, lower-than-expected results will almost certainly pull EURUSD higher towards 1.12200. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🚀 USDJPY reverses ahead of the BOJ Meeting Minutes USDJPY renewed a two-week maximum yesterday but eventually closed the day with a 0.27% decline. 👉 Possible effects for traders Kazuo Ueda, the governor of the Bank of Japan (BOJ), said on Tuesday that the central bank had ample time to evaluate market and economic conditions before adjusting its monetary policy. This suggests that the BOJ wasn't under pressure to make further interest rate hikes at the previous meeting, where the central bank maintained its policy rate at 0.25%, aligning with market expectations. Ueda also highlighted the potential risks posed by external factors, such as the growing volatility in financial markets and the uncertainty surrounding the U.S. economy's ability to achieve a soft landing. Given these recent developments, the likelihood of an interest rate hike in October has diminished, although a rate increase in December remains possible. In the meantime, the Japanese yen (JPY) has gained from the recent decrease in the U.S. dollar. The release of a disappointing U.S. Consumer Confidence report has raised expectations for further monetary easing by the Federal Reserve (Fed) and weakened USD. The spot and U.S. Treasury two-year yields have declined following a report indicating a decrease in U.S. consumer confidence in September. If U.S. economic data continues to come out weaker than expected, the two-year yield could fall below its year-to-date low of 3.528%, reached 16 September when the spot rate dropped below 140. USDJPY has been correcting upwards during Asian and early European trading hours after yesterday's decline. Today, market participants are waiting for the BOJ Monetary Policy Meeting Minutes at 11:50 p.m. UTC. The data may give more insight into the BOJ's plans for monetary policy. Hawkish comments may support the Japanese yen, while a more cautious stance may push USDJPY higher. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

USDJPY, 30-minute timeframe chart USDJPY broke the resistance level of 143.470 👉General outlook USDJPY has been under buying pressure within the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 143.640. Set your stop loss at 143.165 below the previous low ($3.31 loss for 0.01 lot) and take profit at 144.115 ($3.31 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

XAUUSD, 15-minute timeframe chart XAUUSD broke the support level of 2,658.00 👉Level explanation XAUUSD has been under selling pressure within the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 2,657.50. Set your stop loss at 2,664.30 above the previous high ($6.80 loss for 0.01 lot) and take profit at 2,650.70 ($6.80 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

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#economic_calendar These events may affect the market on 25 September. 🔥 Don't forget to get a 100% deposit bonus!

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Trade your way out of the September blues Seasons change just like market conditions do. In September, we often feel a sense of anxiety and melancholy as we transition from summer to autumn. You can, however, use this time to take advantage of the changing markets. View this period as an opportunity to refocus on your trading goals, adapt to market shifts, and turn challenges into opportunities. Here are some tips on how to stay motivated and capitalise on September's market trends: 🔵 be disciplined and stick to your trading plan 🔵 revisit and refine your trading strategy 🔵 manage risk effectively in volatile markets 🔵 embrace market shifts as chances to grow. Follow us for more tips, insights, and community support to stay on top of your trading. #TradingTips #TradingMotivation

📊 Gold stays near record high despite strong U.S. PMI data Gold (XAU) hovered near record highs on Monday despite higher-than-expected U.S. Composite Purchasing Managers' Index (PMI) figures. 👉 Possible effects for traders The S&P Global Flash U.S. Composite PMI dipped from 54.6 in August towards 54.4 in September, slightly beating expectations of 54.3. The data showed strong service sector growth while manufacturing activity contracted deeper. Meanwhile, business expectations hit a near two-year low, reflecting uncertainty ahead of the Presidential Election, leading companies to slow hiring for the second month. However, prices for goods and services also rose faster since March, with input costs up the most in a year. The Federal Reserve's (Fed) recent rate cut enhanced gold's appeal, and expectations of another 50-basis-point (bps) reduction by the year's end further support the non-yielding metal. Rising tensions in the Middle East, including Israeli strikes on Lebanon, also reinforced gold's safe-haven status. Overall, Atlanta Fed President Raphael Bostic noted faster-than-expected progress on inflation and labour market cooling, signalling possible policy normalisation sooner. Traders now await the Personal Consumption Expenditures (PCE) Price Index report and upcoming Fed officials' speeches for more clues on the interest rate trajectory. Higher-than-expected PCE numbers or hawkish remarks from Fed members may support the greenback and put bearish pressure on XAUUSD. XAUUSD rose during the Asian trading hours. The U.S. Consumer Confidence report will be released today at 2:00 p.m. UTC. Stronger-than-expected figures, indicating an increase in consumer spending, could reduce the likelihood of a larger Fed rate cut and put downward pressure on XAUUSD. Conversely, weaker-than-expected figures may push the pair higher ‘Spot gold may test support at $2,619 per ounce, a break below which could open the way towards $2,606 to $2,611 range’, said Reuters analyst Wang Tao. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽 EURUSD declines amid eurozone economic downturn The euro (EUR) lost 0.45% against the U.S. dollar (USD) on Monday after eurozone Purchasing Managers' Indices (PMIs) figures were much lower than expected. 👉 Possible effects for traders Preliminary data from the S&P Global showed the eurozone economy experienced a significant and unexpected contraction in September. The region's largest services sector remained stagnant while manufacturing declined even further. This downturn was widespread, affecting major economies like Germany and France. As a result, expectations for more interest rate reductions by the European Central Bank (ECB) increased, and the euro's value dropped sharply. ‘As the Olympic flame was extinguished, so was eurozone optimism. The August uptick in the PMI was met by a sharp decline in September. This further fuels growth concerns in the bloc as inflation worries fade’, said Bert Colijn, an economist at ING. Interest rate swaps market data currently implies a 92% probability of a 25-basis-point (bps) reduction by the ECB on the 19 October meeting. Meanwhile, U.S. PMI data showed a less bleak picture but still concerning. The U.S. business activity remained relatively stable in September, but prices increased at the fastest rate in half a year, suggesting that inflation may rise in the future. ‘The early survey indicators for September point to an economy that continues to grow at a solid pace. A reacceleration of inflation is meanwhile also signalled, suggesting the Federal Reserve can't totally shift its focus away from its inflation target as it seeks to sustain the economic upturn’, said Chris Williamson, chief business economist at S&P Global Market Intelligence. EURUSD rose slightly during the Asian and early European trading sessions, but the short-term trend remains bearish. Today, the main focus is on the U.S. CB Consumer Confidence report due at 2:00 p.m. UTC. Higher-than-expected results may provoke another sharp downward correction in EURUSD and push the pair below the critical 25-day moving average. Conversely, weaker-than-expected figures may temporarily pull EURUSD above the 1.11400 level. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🚀 GBPUSD hits a two-year high The British pound (GBP) rose by 0.19% on Monday and renewed a 2022 high despite bleak U.K. S&P Global Composite Purchasing Managers' Index (PMI) data. 👉 Possible effects for traders According to a survey released on Monday, British businesses reported a slowing of growth this month. The preliminary estimate for the U.K. S&P Global Composite PMI fell towards 52.9 in September, lower than economists' forecasts of 53.5 but still above the 50 threshold that separates expansion from contraction. Lower-than-expected data could lead the Bank of England (BOE) to consider reducing rates again. The U.K. regulator has reduced interest rates only once so far. Last week, the central bank maintained the base rate at 5%, indicating that it will be cautious about future reductions. Signs of economic stability and persistent prices in the service sector have contributed to expectations that the BOE may not be as aggressive in monetary easing as other major central banks. ‘Over the past two years, none of the G10 economies has seen their data exceed expectations as much as the U.K., and in combination with high real interest rates, the currency remains at a favourable level’, said FX strategists at Deutsche Bank in a report. The British Finance Minister Rachel Reeves said there will not be more austerity or big cuts in the budget. She said the economy will still grow in the future, even though there were worries about the budget before. GBPUSD has been growing during Asian and early European trading hours. The pair broke above the 1.33600 resistance level. No major events are expected to influence the pair today, so GBPUSD may continue to move within the established trend. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH