Technical My Tips

📣 Earnings update 💼 A crucial week is lined up for earnings as more than half of the Magnificent 7 will be reporting. 🤖 Microsoft, Alphabet, Apple and Amazon.com earnings will be watched to gauge AI demand and progress on AI monetization. There's a significant risk that any negative surprises could spark a stock market selloff. By the end of the week, the focus will turn to the energy giants Exxon Mobil and Chevron amid falling oil prices. ⛽ Stay ahead of the markets. Get more earnings insights 🔗 #XM #XMIndia #Earnings

📣 These are the biggest events to watch this week 👇 The BoC, ECB and BoJ will hold their respectively rate-setting meetings this week, while key Chinese PMIs are due on Friday. However, investors will primarily focus on Wednesday's Fed meeting. Stay ahead of the markets. See the full Economic Calendar 🔗 #XM #XMIndia #EconomicCalendar

#economic_calendar These events may affect the market on 28 October.

🅰🔠🔡🆎 📈 Pound pushes past 1.3300. What should traders expect next? 💙 The pound has edged higher against the dollar, but its strength might be temporary. Find out why in our analysts' insights below. 👉 Key takeaways • Events. The pound is trading with a slight upside above 1.3300 🔥 However, its gains remain limited as markets price in possible rate cuts by the Bank of England (BoE). • Background. Stable U.K. inflation and signs of a cooling labour market increased bets that the BoE may ease policy. Fiscal concerns ahead of the U.K.'s autumn budget also pressure GBPUSD 📊 On the U.S. side, weak inflation data and the government shutdown kept the dollar down. • Possible outcome. Traders estimate a 40% chance of a 0.25% BoE rate cut in November and a 0.65% cut by 2026. Now, much depends on the Federal Reserve's policy decision on Wednesday and the U.S. PCE price index on Friday. These events will decide the dollar's fate 🪙 👉 Tip for traders Wait for clarity from the Fed before making big moves, and pay attention to U.S. economic reports 🙄 If you're bullish on the pound, be cautious—potential U.K. rate cuts and budget risks could limit upside.

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🅰🔠🔡🆎 💶 Dollar keeps pushing euro lower. Here's why ⬇️ EURUSD is under pressure, while the U.S. dollar remains strong. What's affecting the pair? Find out in our analysis 🔎 👉 Key takeaways • Events. EURUSD continues to trade near 1.1610. The main drivers remain expectations of a Federal Reserve (Fed) rate cut and trade conflicts between the U.S. and China ⚡ • Background. The market is pricing in a Fed rate cut to 3.75–4%. Such a policy easing would typically weaken the dollar. However, USD remains strong as investors see it as a safe haven amid ongoing U.S.–China tensions. • Possible outcome. Today's U.S. inflation data could significantly impact the dollar's movement 📊 PMI business activity reports from the U.S. and eurozone will also give traders clues about future monetary policy decisions from the Fed and European Central Bank. 👉 Tip for traders Keep watching economic reports and any statements from central banks 💵 If inflation data comes in as expected, it could continue to support the dollar, pushing EURUSD lower. Conversely, any surprise in the data could lead to volatility.

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#economic_calendar These events may affect the market on 24 October.