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XAUUSD, 15-minute timeframe chart XAUUSD retested the support level of 2,611.00 👉General outlook XAUUSD has been under selling pressure within the last couple of hours. The pair moved down to the support level of 2,611.00. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 2,615.20. Set your stop loss at 2,606.90 below the previous low ($8.30 loss for 0.01 lot) and take profit at 2,623.50 ($8.30 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 declines for the fifth day as Fed rate cut expectations shift Gold (XAU) dropped 0.79% on Tuesday, marking its fifth consecutive day of losses, as fading expectations for a larger Federal Reserve (Fed) rate cut weighed on investors' sentiment. 👉 Possible effects for traders Gold stabilised near $2,620 on Tuesday, hovering at its lowest point in over two weeks, pressured by the strengthing U.S. dollar (USD). The U.S. Dollar Index (DXY) remains near the seven-week high reached last Friday as expectations for a large Fed rate cut in November have faded. Additionally, reports of a potential ceasefire between Lebanon's Hezbollah and Israel are adding downward pressure on safe-haven gold. The dip is also linked to technical selling following Tuesday's break below the $2,630 support, the lower boundary of a short-term trading range. The CME Group's FedWatch Tool shows that investors are currently pricing in an 87% probability of a 25-basis-point (bps) rate cut by the Fed at the November meeting and overall 50 bps reductions by the year-end. On Tuesday, New York Fed President John Williams noted that it would be appropriate to gradually lower interest rates over time. He also emphasised that September's 50-bps cut should now serve as a guide for future policy actions. XAUUSD was essentially unchanged during the Asian trading hours. Today, the main event is FOMC Minutes at 6:00 p.m. UTC. While the Fed's rate decision is already known, the minutes could spark volatility if the reasoning behind the decision contains surprises. If market participants perceive today's FOMC minutes as dovish, XAUUSD will return towards the key resistance level at $2,640. Conversely, if the minutes reveal a hawkish stance among Fed policymakers, XAUUSD might drop towards $2,590. ‘Spot gold is expected to retest support at $2,603 per ounce, as it has briefly pierced below support at $2,612’, 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

📊 Fed's less dovish stance and eurozone economic slowdown pressure EURUSD The euro (EUR) failed to break above the important 1.10000 level on Tuesday but still managed to gain 0.05% against the U.S. dollar (USD). 👉 Possible effects for traders EURUSD seems to have stabilised in the range of 1.09500–1.10000 as the market lacks a fundamental catalyst for the next major move. Markets continue to assess the outlook for further rate cuts by the Federal Reserve (Fed) and the European Central Bank (ECB), with worries about the brewing conflict in the Middle East and the slowing Chinese economy still weighing on the market sentiment. In response to a strong jobs report and hawkish comments by Fed Chair Jerome Powell, traders have shifted their expectations and currently price in just over 120 basis points (bps) worth of rate cuts by the end of July 2025. It helped pull the U.S. Dollar Index (DXY) up towards a seven-week high and pushed EURUSD lower. John Williams, the President of the New York Fed, said yesterday that he didn't consider the September move ‘as the rule of how we act in the future’, meaning that a 50-bps rate cut was an exception and that the cutting pace will slow down in future. Additionally, recent economic data from the eurozone revealed signs of slowing growth, making it more likely that the ECB will cut rates by 25 bps again at next week's monetary policy meeting. Yannis Stournaras, ECB policymaker, told the Financial Times in an interview that he was backing two interest rate cuts this year and expects further easing in 2025 as inflation continues to decrease. EURUSD was falling during the Asian and early European trading sessions. Today, traders will seek trading signals from the FOMC Meeting Minutes for September, when officials almost unanimously agreed to cut rates by 50 bps. The minutes will be released at 6:00 p.m. UTC. Any hawkish details will support the greenback but are unlikely to push EURUSD below 1.09250 as the level is protected by the 100-day moving average. At the same time, the market may simply ignore the dovish stance as it is more focused on the most recent U.S. economic data. Big investors will likely refrain from placing large orders today as they wait for the release of the U.S. Consumer Price Index report tomorrow. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 USDJPY grows ahead of FOMC minutes USDJPY has been moving sideways within a range of 147.500–149.000, gaining 0.01%. 👉 Possible effects for traders This week, the U.S. economic calendar is relatively quiet after Friday's strong employment report. Better-than-expected data strengthened the U.S. dollar (USD) and lowered market expectations for sizeable interest rate cuts. Today, investors can review the September Federal Reserve (Fed) monetary policy meeting minutes. Almost all policymakers agreed on a 50-basis-point (bps) reduction at the previous meeting. Despite this, robust nonfarm payroll data caused markets to change their expectations for the U.S. interest rate path. According to the CME FedWatch Tool, market participants expect a 25-bps cut with an 85% chance and a small chance of the Fed keeping rates unchanged. The Japanese yen (JPY) has been volatile since the recent comments by Japan's newly appointed Prime Minister Shigeru Ishiba, known for criticising easy monetary policies. Ishiba's comments that the country is not prepared for further interest rate hikes have surprised markets. Ishiba has scheduled a snap election for parliament's lower house for 27 October, ahead of the Bank of Japan's October monetary policy meeting (BOJ) and next month's U.S. presidential election. During Asian and early European trading hours, USDJPY has been showing bullish momentum, aiming to retest its recent high of 149.000. Today, the market will be watching the release of the FOMC Meeting Minutes at 6:00 p.m. UTC today. This event is expected to provide further insight into the central bank's rate-cut policy. Also, Thursday's U.S. Consumer Price Index report will be the most significant economic release of the week. U.S. inflation figures and upcoming corporate earnings reports will play a crucial role in shaping the future direction of the U.S. economy. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

AUDUSD, 30-minute timeframe chart AUDUSD retested the resistance level of 0.67490 👉General outlook AUDUSD has been trading in a sideways market for the last couple of hours. The pair moved up to the resistance level of 0.67490. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 0.67317. Set your stop loss at 0.67483 above the previous high ($1.66 loss for 0.01 lot) and take profit at 0.67151 ($1.66 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

USDJPY, 30-minute timeframe chart USDJPY broke the resistance level of 148.360 👉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 148.500. Set your stop loss at 148.100 below the previous low ($2.69 loss for 0.01 lot) and take profit at 148.900 ($2.69 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

#economic_calendar These events may affect the market on 9 October. 🔥 Don't forget to get a 100% deposit bonus!

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EURUSD, 15-minute timeframe chart EURUSD broke the support level of 1.09735 👉General outlook EURUSD 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 1.09700. Set your stop loss at 1.09950 above the previous high ($2.50 loss for 0.01 lot) and take profit at 1.09450 ($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

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📊 Gold is stuck in a range as traders await more data Gold (XAU) moved within the $2,640–2,660 range on Monday due to a lack of important events and low volatility. 👉 Possible effects for traders XAUUSD has formed a triangle pattern, and the range is tightening. The trigger for breaking out of the triangle could be events like the FOMC Meeting Minutes or the U.S. Consumer Price Index report, scheduled for Wednesday and Thursday. Until then, traders prefer to avoid making big bets. The sideways movement is also supported by offsetting factors: uncertainty ahead of the U.S. elections, conflicts in the Middle East, and reduced recession risks in the U.S. due to the release of strong macroeconomic data. Markets currently see an 86% chance of the Federal Reserve (Fed) making a small 25-basis-point (bps) rate cut in November. Lower rates decrease the opportunity cost of holding non-yielding gold. St. Louis Fed President Alberto Musalem stated on Monday that a gradual pace of rate cuts is appropriate for the current state of the economy. ‘I view the costs of easing too much, too soon as greater than the costs of easing too little, too late’, he said during a speech to the Money Marketeers of New York University, a group of economists focused on financial markets. He emphasised that moving too fast ‘would mean that sticky or higher inflation would pose a threat to the Fed's credibility and to future employment and economic activity’. XAUUSD was essentially unchanged during the Asian trading session. Today, the formal macroeconomic calendar doesn't feature any major events that could shake the market. ‘Spot gold is biased to break support at $2,633 per ounce and fall towards $2,611 to $2,619 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 recovers after a sharp drop, but fundamental disparities persist Initially, the euro (EUR) was declining against the U.S. dollar (USD) on Monday but later recouped all the losses and finished the day essentially unchanged. 👉 Possible effects for traders EURUSD has been moving higher this week. However, the upward trend looks more like a technical rebound, which is expected movement after the pair dropped sharply to almost a two-month low last Friday. In addition, traders may be reassessing their long positions in the U.S. Dollar Index (DXY) as fears of a wider Middle East conflict seem to have subsided lately. However, the U.S. economy remains in a much better shape than the eurozone's, still grappling with lingering production slowdown and a more fragmented fiscal policy. Yesterday, the latest data from Germany indicated that industrial orders dropped by 5.8% in August, the steepest decline in almost a year. As a result, the European Central Bank (ECB), unlike the Federal Reserve (Fed), may soon speed up the easing of its monetary policy. Joachim Nagel, Bundesbank President, said he was open to considering another interest rate cut at its meeting next week, adding that German economic growth in the second half of the year would be weaker than expected. EURUSD was rising slightly during the Asian and early European trading sessions. Today's macroeconomic calendar is packed with minor events from Europe and the U.S., but none are expected to impact EURUSD significantly. Traders may refrain from placing large orders ahead of the FOMC Meeting Minutes, which are due tomorrow at 6:00 p.m. UTC and ahead of the U.S. Consumer Price Index (CPI) report due on Thursday. As a result, a minor short-term bullish trend in EURUSD may continue for the next 24 hours, but the fundamental long-term pressure remains bearish. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 GBPUSD trajectory is uncertain due to the lack of major drivers The British pound (GBP) has been trading within a range of 1.31300 and 1.30600 on Monday and lost 0.24%, while the U.S. Dollar Index (DXY) rose towards a seven-week maximum. 👉 Possible effects for traders Since the beginning of this week, the GBPUSD exchange rate hasn't shown any clear patterns. Investors are contemplating the future of U.S. interest rates in light of the robust employment report released last week, which dashed expectations for substantial rate cuts. Additionally, the escalating tensions in the Middle East have dampened risk sentiment. Also, traders have significantly adjusted their expectations regarding the Federal Reserve (Fed) monetary policy path this year. The markets no longer anticipate a rate cut in November, and the CME's FedWatch Tool indicates an 86% likelihood of a 25-basis point (bps) reduction. Currently, only 50 bps of easing are priced in for December, down from over 70 bps a week ago. The president of the St. Louis Fed, Alberto Musalem, stated on Monday that he favours additional rate reductions as the economy progresses along a targeted trajectory. However, he emphasised the importance of being prudent and avoiding excessive rate cuts. GBPUSD has been moving sideways during Asian and early European trading hours. No major events that can impact the pair are scheduled for today. The market is waiting for the U.S. FOMC Meeting Minutes tomorrow at 6:00 p.m. UTC. This event will give market participants hints on the future U.S. interest rate path. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

XAUUSD, 30-minute timeframe chart XAUUSD formed a bullish Hammer pattern 👉General outlook XAUUSD has been trading in a bearish trend for the last couple of hours. Now, the price displays a bullish Hammer pattern. The price is ready to rise. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 2,636.00. Set your stop loss at 2,625.20 below the previous low ($10.80 loss for 0.01 lot) and take profit at 2,646.80 ($10.80 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

USDJPY, 15-minute timeframe chart USDJPY formed a bearish Hammer pattern 👉Level explanation USDJPY has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 148.100. Now, the price displays a bearish Hammer pattern. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 148.000. Set your stop loss at 148.460 above the previous high ($3.11 loss for 0.01 lot) and take profit at 147.540 ($3.11 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 8 October. 🔥 Don't forget to get a 100% deposit bonus!

BTCUSD, 15-minute timeframe chart BTCUSD broke the resistance level of 63,300.00 👉Level explanation BTCUSD 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 63,400.00. Set your stop loss at 62,550.00 below the previous low ($8.50 loss for 0.01 lot) and take profit at 64,250.00 ($8.50 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

GBPUSD, 15-minute timeframe chart GBPUSD retested the resistance level of 1.31150 👉Level explanation GBPUSD has been trading in a sideways market for the last couple of hours. The pair moved up to the resistance level of 1.31150. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.30769. Set your stop loss at 1.31200 above the previous high ($4.31 loss for 0.01 lot) and take profit at 1.30339 ($4.31 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

AUDUSD, 30-minute timeframe chart AUDUSD broke the support level of 0.67860 👉Level explanation AUDUSD 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 0.67825. Set your stop loss at 0.68000 above the previous high ($1.75 loss for 0.01 lot) and take profit at 0.67650 ($1.75 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