FX Weekly Recap: October 20 – 24, 2025
Friday, October 24,2025,17:40
Trade optimism around the Trump-Xi summit anchored markets, but UK fiscal concerns, Russian oil sanctions, and softer US inflation created diverging currency moves throughout the volatile week. .. read more..
Russia Central Bank Cuts Rates For Fourth Policy Session
Friday, October 24,2025,16:51
Russia's central bank unexpectedly reduced its key interest rate for the fourth policy session in a row, citing high inflation expectations and lackluster growth, and signaled that monetary policy will remain tight for an extended period of time. .. read more..
Markets Weekly Outlook - Trump-Xi Meeting, Earnings & Central Banks
Friday, October 24,2025,16:44
This weekly outlook covers a rollercoaster week for global markets, driven by US-China trade talks, geopolitical risks, and strong US earnings. It also details the performance of the US Dollar and FX, and provides a look ahead at central bank decisions, the upcoming Trump-Xi meeting, and key data releases impacting Asia Pacific markets. .. read more..
EURUSD technicals: The EURUSD is trading between 100/200 hour MA going into t...
Friday, October 24,2025,14:22
The EURUSD traded both lower and higher today, extending to the upside after the weaker U.S. CPI data. However, sellers leaned against a swing area between 1.1645 and 1.1659, capping the move and sending the pair back down. The price has since settled back between the 100 and 200 hour MAs (blue and green lines) between 1.1613 and 1.1633, with the current price around 1.1626. With the pair now trapped between the moving averages, the technical bias is neutral heading into the weekend. Next week, traders will be looking for a clear break in either direction — and follow-through momentum. On the upside, a move above the 200-hour MA at 1.1633 opens the door to the 1.1645–1.1659 zone, which al... .. read more..
GBP/USD Analysis on October 24, 2025
Friday, October 24,2025,13:36
The wave pattern for GBP/USD continues to indicate the formation of an upward wave structure, but in recent weeks, it has taken on a complex and ambiguous form. The pound has fallen too sharply, and as a result, the trend segment that began on August 1 now looks unclear. The first idea that comes to mind is a complication of the presumed wave 4, which may take on a three-wave form, with each of its subwaves also consisting of three waves. In this case, we can expect the pair to decline toward the 1.31 and 1.30 levels. However, the downward wave structure that began on September 17 has already formed a three-wave pattern. From here, there are two possibilities: either the structure extends... .. read more..
Fed Getting Closer to Cutting Rates? Inflation Weakens, but Risks Remain
Friday, October 24,2025,13:20
U.S. inflation cooled more than expected in September, raising hopes for a Federal Reserve rate cut. Markets rallied as investors priced in monetary easing, but risks from tariffs and weak consumer sentiment could complicate the Fed’s next move. .. read more..
EUR/USD Analysis on October 24, 2025
Friday, October 24,2025,13:17
The wave pattern on the 4-hour chart for EUR/USD has changed — unfortunately, not for the better. It's still too early to conclude that the upward trend segment has ended, but the latest decline in the euro has made it necessary to clarify the wave structure. We can now see a series of three-wave patterns (a-b-c), which may be part of the global wave 4 within the overall upward trend. In this case, wave 4 has taken on an unnaturally extended form, but overall, the wave structure remains coherent and intact. The formation of the upward trend continues, while the news background still largely favors currencies other than the dollar. The trade war initiated by Donald Trump continues. The con... .. read more..
The British Pound Rises on Economic Data
Friday, October 24,2025,13:07
The British pound rose slightly after data showed that the UK private sector expanded faster than expected in October, with economic indicators showing no signs of anxiety ahead of the almost inevitable tax increases in the Labor government's budget next month. According to preliminary estimates published on Friday, the S&P Global composite PMI rose to 51.1 from 50.1 in the previous month. The figure came in above economists' forecast of 50.5 and remained above the 50.0 threshold, which indicates growth. The most notable improvement was seen among British manufacturers, who returned to expansion for the first time since October last year. This surge of optimism in the UK economy, like... .. read more..
USD/JPY: Tips for Beginner Traders for October 24th (U.S. Session)
Friday, October 24,2025,13:02
Trade Analysis and Advice on Trading the Japanese Yen The price test at 152.90 in the first half of the day occurred when the MACD indicator had just started moving downward from the zero line, confirming a valid entry point for selling the dollar — which resulted in only a 10-point decline. The second half of the trading day promises to become an arena of intense market battles, with new U.S. economic indicators taking center stage. The publication of the Consumer Price Index (CPI) will be the opening gong, resonating across the entire financial spectrum — especially given its delayed release due to the government shutdown. If the figures exceed expectations, reinforcing the view of pers... .. read more..
GBP/USD: Tips for Beginner Traders for October 24th (U.S. Session)
Friday, October 24,2025,12:57
Trade Analysis and Advice on Trading the British Pound The price test at 1.3309 occurred when the MACD indicator had already moved far below the zero line, which limited the pair's downward potential — especially given that buyers had been defending this level throughout the week. The UK manufacturing PMI in October approached the 50-point mark. This improvement allowed pound holders to overcome the pressure felt in the first half of the trading day. The increase in this indicator, which reflects the state of the industrial sector, came as an unexpected signal of optimism for investors. In September, when the PMI fell to 46.2, the market recorded clear signs of a slowdown: orders were shr... .. read more..
GBPUSD Technicals: The GBPUSD falls to new lows after 200 hour MA capped the ...
Friday, October 24,2025,12:55
The GBPUSD moved higher after the weaker-than-expected U.S. CPI report, but the rally quickly lost steam once price reached the 100-hour moving average. Buyers turned to sellers, capping the move and sending the pair back lower. The decline pushed the pair below the key swing area between 1.3323 and 1.3341, and through the early-week lows near 1.3305, to a new session low at 1.32865. Buyers had their chance — they failed — and sellers have taken control. Going forward, the 1.3323–1.3341 zone now acts as near-term resistance, with the falling 100-hour MA at 1.33545 just above it. It would take a move back above those levels to shift the short-term bias higher. Absent that, sellers remain i... .. read more..
EUR/USD: Tips for Beginner Traders for October 24th (U.S. Session)
Friday, October 24,2025,12:44
Trade Analysis and Advice on Trading the European Currency The price test at 1.1615 occurred when the MACD indicator had just started to move upward from the zero mark, confirming the correct entry point for buying the euro. As a result, the pair rose by only 15 points. Euro buyers reacted positively to the return of the Eurozone manufacturing PMI to a neutral level. The recovery of the manufacturing PMI to 50 points indicates positive shifts in the dynamics of the economy. In the second half of the day, investors' focus will inevitably shift to important U.S. inflation data, including the Consumer Price Index (CPI) and its core version, which excludes volatile components such as food and... .. read more..
USDCAD Technicals:Trade news and CPI send the USDCAD higher and lower.Price a...
Friday, October 24,2025,11:34
The USDCAD popped higher earlier after Pres. Trump announced he was terminating trade talks with Canada, blaming Ontario ads that painted former Pres. Reagan as anti-tariff. The headline lit a quick rally, but sellers leaned against the 200-hour MA, halting the move. The pair briefly broke above that level before fading on softer U.S. CPI data, though the pullback was shallow. Since then, the market’s gone quiet, with price now consolidating between the 100- and 200-hour MAs — roughly 1.4013–1.4026. Traders are waiting for a breakout: Upside bias: Above 1.4026 opens 1.4060–1.4067, then 1.4079 (Oct 1 high). Downside risk: Below the 100-hour MA and through 1.4000–1.4004 targets the weekly l... .. read more..
Why Oil Just Jumped: Russia Sanctions & What Traders Need to Know
Friday, October 24,2025,11:08
Crude oil biggest saw its biggest one-day jump in more than four months after the U.S. sanctioned two MAJOR Russian oil producers. What’s up with that?! .. read more..
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October
Friday, October 24,2025,10:35
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by more than initially estimated in the month of October. The University of Michigan said its consumer sentiment index was downwardly revised to 53.6 from the preliminary reading of 55.0. Economists had expected the consumer sentiment index to be unrevised from the preliminary reading. .. read more..
U.S. Consumer Prices Rise 0.3% In September, Slightly Less Than Expected
Friday, October 24,2025,09:52
A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased by slightly less than expected in the month of September. The Labor Department said its consumer price index rose by 0.3 percent in September after climbing by 0.4 percent in August. Economists had expected consumer prices to rise by another 0.4 percent. .. read more..
US stocks jumped at the open as CPI is cooler than expectations
Friday, October 24,2025,09:36
The major US stock indices are trading higher helped by cooler CPI data and better earnings from Intel. Chips stocks are higher with Nvidia up 1.46%, Broadcom up 2.3%, AMD up 5.62%, and Micron up 3.17%. A snapshot of the major indices shows: Dow industrial average is up 269 points or 0.57% at 46998 and on pace for a record close (above 46706.58). S&P index is up 53 points or 0.78% at 6791.78. It is also on pace for a new record close above 6753.73. NASDAQ index is up 233 points or 1.02% at 23177. And on pace for a record close above 23043.38. The small-cap Russell 2000 is up 1.54%. Quantum computing stocks continued their surge after rumors that the Trump administration would invest i... .. read more..
Eurozone Private Sector Growth At 17-Month High
Friday, October 24,2025,09:34
The euro area private sector growth accelerated to a 17-month high in October as new orders registered a steeper growth despite continuing fall in business from abroad. The flash HCOB composite output index climbed unexpectedly to 52.2 in October from 51.2 in September. The reading was expected to fall to 51.0. .. read more..
Markets Cheer The Softer-than-expected U.S. CPI
Friday, October 24,2025,09:34
Delayed consumer price inflation readings from the U.S. recorded lower-than-expected levels, renewing rate cut expectations from the Federal Reserve and boosting market sentiment. .. read more..
India’s forex reserves rise by $4.49 billion as RBI buys more gold
Friday, October 24,2025,09:31
The RBI has been swiftly building its gold reserves this year and investing lesser in US bonds .. read more..
US Breaking News: Cool US CPI Print Weighs on the US Dollar, Dow Jones Index ...
Friday, October 24,2025,09:28
This article details how a cooler-than-expected US CPI print is impacting the US Dollar and setting the Dow Jones Index for a higher open. It covers key inflation drivers, the surprising slowdown in core inflation, positive earnings from the tech sector (Intel, AMD, Micron), and Procter & Gamble, as well as a technical analysis of the Dow Jones Index, including a golden cross pattern. .. read more..
XAU/USD: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25
Friday, October 24,2025,09:00
Major Takeaways Main scenario: Consider long positions from corrections above the level of 4,007.50 with a target of 4,500.00 – 4,700.00. A buy signal: the price holds above 4,007.50. Stop Loss: below 3,965.00, Take Profit: 4,500.00 – 4,700.00. Alternative scenario: Breakout and consolidation below the level of 4,007.50 will allow the pair to continue declining to the levels of 3,842.70 – 3,722.50. A sell signal: the level of 4,007.50 is broken to the downside. Stop Loss: above 4,040.00, Take Profit: 3,842.70 – 3,722.50. Main scenario Consider long positions from corrections above the level of 4,007.50 with a target of 4,500.00... Read full author’s opinion and review in blog of #LiteFinance .. read more..
Commodities weekly: From glut to disruption – sanctions lift energy as metal ...
Friday, October 24,2025,09:00
Key Points: The Bloomberg Commodity Index was heading for a 1.6% gain this week, lifting its year-to-date gain to 12.3% — and the highest level in three years. Energy returned to the driver’s seat, precious metals consolidated while tight supply lifted industrial metals, and agriculture held up on trade optimism and energy-linked demand. Two fronts dominated: U.S.-China relations and U.S. sanctions on Russia. Working-level talks between U.S. and Chinese officials will resume this weekend After nine consecutive weeks of gains, gold finally hit a wall. Monday’s sharp drop to $4,000 signaled the start of a consolidation phase that was both overdue and necessary. ... .. read more..
Key Stories from the past week: Earnings season + commodity action
Friday, October 24,2025,08:33
Trade tensions once again directing broad sentiment with the U.S. exerting trade friction with China, Canada and Russia. The delayed Sept US CPI numbers came in slightly softer than expected on Friday. Earnings season has so far been reasonably strong which has helped markets ride out geopolitical risks and trade tensions. Precious metals finally took a breather this week, markets now await consolidation. Japan voted in its first female Prime Minister, spurring on the Nikkei. UK inflation came in softer than expectations giving sterling and gilt yields a relief. Meanwhile new meme stock Beyond Meat rocketed at one point up over 1300% on the week as it was added to the Meme ETF. More below... .. read more..
WTI Crude Oil: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25
Friday, October 24,2025,08:30
Major Takeaways Main scenario: Consider short positions from corrections below the level of 66.20 with a target of 53.50 – 45.00. A sell signal: the price holds below 66.20. Stop Loss: above 67.00, Take Profit: 53.50 – 45.00. Alternative scenario: Breakout and consolidation above the level of 66.20 will allow the asset to continue rising to the levels of 77.65 – 87.00. A buy signal: the level of 66.20 is broken to the upside. Stop Loss: below 65.50, Take Profit: 77.65 – 87.00. Main scenario Consider short positions from corrections below the level of 66.20 with a target of 53.50... Read full author’s opinion and review in blog of #LiteFinance .. read more..
The USD is higher ahead of the CPI data at 8:30 AM ET. What are the technical...
Friday, October 24,2025,08:10
The USD is higher to start the North American session and ahead of the September US CPI data which is scheduled to be released at 8:30 AM ET. The expectation for the CPI is for 0.4% rise for the headline and 0.3% for the core measure. Those increases are the same as in August and are indicative of higher inflation from tariffs creeping in to the data. The YoY data is expected to rise by 3.1% for both measures. That compares with 2.9% (headline) and 3.1% (core) last month. Perhaps in reaction to an anticipated uptick in inflation, Pres. Trump yesterday raised significantly its tariff-rate quota for Argentine beef, quadrupling the amount that can be imported annually with a lower tariff rat... .. read more..
3 Reasons Why There’s No Holy Grail in Forex Trading
Friday, October 24,2025,08:06
Here are three reasons why you’ll have better luck being the first trader to reach the sun than finding a “holy grail” for forex trading. .. read more..
USD/JPY: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25
Friday, October 24,2025,08:00
Major Takeaways Main scenario: Consider long positions from corrections above the level of 149.37 with a growth target of 156.50 – 158.85. A buy signal: the price holds above 149.37. Stop Loss: below 148.90, Take Profit: 156.50 – 158.85. Alternative scenario: Breakout and consolidation below the level of 149.37 will allow the pair to continue declining to the levels of 145.28 – 142.57. A sell signal: the level of 149.37 is broken to the downside. Stop Loss: above 149.80, Take Profit: 145.28 – 142.57. Main scenario Consider long positions from corrections above the level of 149.37 with a target of... Read full author’s opinion and review in blog of #LiteFinance .. read more..
Market hoping for US-China comprehensive deal. Also, could gold's role shift ...
Friday, October 24,2025,07:40
Deal or not deal: next several days critical for all assets, including gold. Listen to the full episode now or follow the Saxo Market Call on your favorite podcast app. Today’s Links Is global auto industry ex-China about to seize up for lack of cheap chips? This Netherland seizure of the Chinese chip-maker Nexperia may have been poorly thought through as the automobile industry outside of China may largely have to shut down if China continues its embargo on Nexperia exports from China. See this article from Bloomberg and this one from an industry news source - with hat-tip to the latest Doomberg substack for the latter link. The next week l... .. read more..
GBP/USD: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25
Friday, October 24,2025,07:30
Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3470 with a target of 1.3137 – 1.2936. A sell signal: the price holds below 1.3470. Stop Loss: above 1.3510, Take Profit: 1.3137 – 1.2936. Alternative scenario: Breakout and consolidation above the level of 1.3470 will allow the pair to continue rising to the levels of 1.3783 – 1.4000. A buy signal: the level of 1.3470 is broken to the upside. Stop Loss: below 1.3430, Take Profit: 1.3783 – 1.4000. Main scenario Consider short positions from corrections below the level of 1.3470 with a target of 1.3137... Read full author’s opinion and review in blog of #LiteFinance .. read more..
Google Forecast. Google Share Price Prediction: 2025, 2026, 2027–2030 and Beyond
Friday, October 24,2025,07:10
Alphabet (#GOOG) stocks are among the most stable and promising assets in the technology sector. The company holds a leading position in digital advertising, cloud technology, and artificial intelligence, making it attractive to investors. However, the stock price depends on a variety of factors, including competition, macroeconomic conditions, and regulatory risks. This article explores price history and the key factors affecting the Google share price and outlines projections for the coming years. Major Takeaways The Google stock price is trading at $253.68 as of 24.10.2025. The Google price reached its all-time high of $257.66 on 20.10.2025. The stock's all-time low... Read full author... .. read more..
EUR/USD: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25
Friday, October 24,2025,07:00
Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.1730 with a target of 1.1380 – 1.1200. A sell signal: the price holds below 1.1730. Stop Loss: above 1.1765, Take Profit: 1.1380 – 1.1200. Alternative scenario: Breakout and consolidation above the level of 1.1730 will allow the pair to continue rising to the levels of 1.1919 – 1.2300. A buy signal: the level of 1.1730 is broken to the upside. Stop Loss: below 1.1690, Take Profit: 1.1919 – 1.2300. Main scenario Consider short positions from corrections below the level of 1.1730 with a target of 1.1380... Read full author’s opinion and review in blog of #LiteFinance .. read more..
Rupee rises 10 paise to settle at 87.78 against US dollar
Friday, October 24,2025,06:41
Strengthening crude outlook and trade talks support the local unit despite FII outflows and weak equity sentiment .. read more..
French Consumer Confidence Rises In October
Friday, October 24,2025,06:38
France's consumer confidence improved in October to the highest level in six months. The consumer sentiment index rose to 90 in October from an upwardly revised 88 in the previous month. Further, the index remained well below its long-term average of 100. The index measuring consumers' outlook regarding their financial situation rose to -11 in October from -14 a month ago. .. read more..
USD/CHF: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25
Friday, October 24,2025,06:30
Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8080 with a target of 0.7700 – 0.7500. A sell signal: the price holds below 0.8080. Stop Loss: above 0.8120, Take Profit: 0.7700 – 0.7500. Alternative scenario: Breakout and consolidation above the level of 0.8080 will allow the pair to continue rising to the levels of 0.8386 – 0.8545. A buy signal: the level of 0.8080 is broken to the upside. Stop Loss: below 0.8040, Take Profit: 0.8386 – 0.8545. Main scenario Consider short positions from corrections below the level of 0.8080 with a target of 0.7700... Read full author’s opinion and review in blog of #LiteFinance .. read more..
Geopolitics Changes Brent's Trajectory. Forecast as of 24.10.2025
Friday, October 24,2025,06:21
Nothing seemed capable of halting Brent's slide as the oil market headed toward a record surplus of 4 million barrels a day by 2026. However, fresh US sanctions on Russia reshaped the market landscape. Let's discuss this topic and make a trading plan. Major Takeaways The US has gained favorable timing for sanctions. India refuses to purchase Russian oil. The future of oil depends on China. Consider buying Brent with targets at $69 and $71.3. Weekly Fundamental Forecast for Brent Timing is everything in geopolitics and in the oil market. Donald Trump's sanctions on Russia's top producers, Lukoil and Rosneft, hit... Read full author’s opinion and review in blog of #LiteFinance .. read more..
Markets Today: Euro Area Business Activity Hits 18-Month High, Gold Slips 1.5...
Friday, October 24,2025,06:16
Eurozone business activity hits 18-month high, gold slips. UK retail sales surprise, FTSE hovers near highs. Asian stocks retreat, while European stocks climb on positive earnings and US-China trade hopes. Oil prices steady after new US sanctions on Russia, and investors await US CPI data. .. read more..
US Market News Digest for October 24
Friday, October 24,2025,06:06
Investor optimism supports market Investors are maintaining a positive outlook on the market despite ongoing risks, including the potential escalation of trade conflicts with China. Strong corporate earnings reports and improving macroeconomic indicators are reinforcing hopes for a recovery in the S&P 500 index following a period of volatility. Experts note that if the current pace of corporate profit growth continues, the market may resume its trajectory toward new highs. Follow the link for more details. Market rises on expectations of US-China talks US stock indices ended the day higher amid growing anticipation of talks between Donald Trump and Xi Jinping, which eased concerns ove... .. read more..
USD/CAD: Elliott Wave Analysis and Forecast for 24.10.25 – 31.10.25
Friday, October 24,2025,06:02
Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.4080 with a target of 1.3723 – 1.3570. A sell signal: the price holds below 1.4080. Stop Loss: above 1.4120, Take Profit: 1.3723 – 1.3570. Alternative scenario: Breakout and consolidation above the level of 1.4080 will allow the pair to continue rising to the levels of 1.4163 – 1.4316. A buy signal: the level of 1.4080 is broken to the upside. Stop Loss: below 1.4045, Take Profit: 1.4163 – 1.4316. Main scenario Consider short positions from corrections below the level of 1.4080 with a target of 1.3723... Read full author’s opinion and review in blog of #LiteFinance .. read more..
Trump and Xi Jinping's meeting: what to expect and how to prepare
Friday, October 24,2025,06:02
The US Dollar Index gained 0.37% over the week, reaching 98.92—investors are cautiously placing bets on the prospects of the American currency. The reason is simple: next week, Donald Trump will meet with Xi Jinping in South Korea, and this meeting has the potential to change the trajectory of the trade war between the US and China. Expectations are mixed: some hope for a ceasefire, while others see the risk of further escalation. The question is what result the summit will yield and how it will affect the markets. Let's break it down. Trump is aiming for a quick victory. What is he ready to use to achieve it? Ahead of the summit, the US president describes the task as simply as possible:... .. read more..
EUR/USD Forecast on October 24, 2025
Friday, October 24,2025,05:33
On Thursday, the EUR/USD pair made another rebound from the 61.8% Fibonacci retracement level at 1.1594, turning in favor of the European currency. Thus, the upward movement may continue today toward the resistance zone 1.1645–1.1656, either immediately or after another rebound from 1.1594. If the pair consolidates below 1.1594, traders can expect a further decline toward the next Fibonacci retracement level at 76.4% (1.1517). The wave structure on the hourly chart remains simple and clear. The last upward wave broke the previous high, while the last completed downward wave did not break the previous low. Therefore, the trend has now shifted to bullish. Recent labor market data, changing ... .. read more..
Nikkei 225: Bullish trend remains intact for another potential all-time high ...
Friday, October 24,2025,05:23
The Japan 225 CFD Index (proxy for Nikkei 225 futures) surged to a record intraday high of 49,970 on 21 October 2025, driven by optimism over Prime Minister Takaichi’s expansive ¥13.9 trillion stimulus plan. However, the index has since slipped 3.4%, sparking questions over the sustainability of its medium-term uptrend amid rising JGB yield risks. Still, improving earnings growth and strong foreign inflows suggest underlying bullish momentum remains intact. .. read more..
Bitcoin: another attempt to recover
Friday, October 24,2025,05:17
Yesterday, Bitcoin and Ethereum were in the hands of buyers, though at this point the momentum remains too weak to confirm the continuation of a full-fledged bull market. Active Bitcoin buying is observed around the $106,000 level, but near $111,000, the bulls are struggling to withstand pressure from sellers. According to market data, net inflows into spot BTC ETFs were nearly zero during yesterday's trading session. Meanwhile, outflows from spot ETH ETFs continued to grow. Nevertheless, Ethereum has been steadily advancing toward the $4,000 mark. Indeed, despite conflicting signals from the ETF market, ETH is showing impressive resilience and even an upward trend. Interest from institut... .. read more..
GBP/USD Forecast on October 24, 2025
Friday, October 24,2025,05:17
On the hourly chart, the GBP/USD pair on Thursday rebounded from the resistance level of 1.3354–1.3357 and declined toward the 23.6% Fibonacci retracement level at 1.3313. A rebound from the 1.3313 level today would favor the pound and suggest some growth toward 1.3354 and 1.3387. A consolidation of the pair's rate below 1.3313 would increase the likelihood of a continued decline toward the 0.0% Fibonacci level at 1.3247, which would likely signal the end of the bullish trend. The wave pattern remains bullish . The last completed downward wave broke the previous low, but the most recent upward wave also broke the previous high. In recent weeks, the fundamental background has been negative... .. read more..
The European Central Bank Ends Its Rate-Cutting Program
Friday, October 24,2025,05:12
The euro currently finds itself in a rather difficult position, facing challenges to further growth. According to a survey of economists, the European Central Bank (ECB) is expected to keep borrowing costs for the euro area at 2% until 2027. The forecast includes maintaining the deposit rate at the upcoming monetary policy meeting next week. However, such an outlook is far from certain: one-third of respondents predict at least one more rate cut on top of the eight already implemented, while 17% expect one or more rate hikes by the end of next year. This divergence of opinions among experts reflects uncertainty about the eurozone's economic outlook. On the one hand, persistent inflation a... .. read more..
Trump Ready for Another Deal with China
Friday, October 24,2025,05:06
The U.S. stock market and the U.S. dollar regained confidence after President Donald Trump announced that he was aiming for a quick victory at an important meeting next Thursday with his Chinese counterpart, Xi Jinping — even if the outcome falls short of a comprehensive agreement. Ahead of the meeting, the U.S. president said he wants to extend the pause on tariff increases on Chinese goods in exchange for Xi resuming purchases of American soybeans, taking measures against fentanyl, and lifting restrictions on rare earth metal exports — while maintaining certain trade barriers that he considers necessary. "I think we'll make a deal on everything," Trump told reporters. This statement, wh... .. read more..
GBP/USD. Technical Analysis on October 24, 2025
Friday, October 24,2025,05:01
Trend Analysis (Fig. 1) On Friday, from the 1.3321 level (yesterday's daily candle close), the market may continue moving downward toward the target of 1.3293 — a historical support level (blue dashed line). When testing this level, a corrective upward price movement is possible, targeting 1.3304 — the lower fractal (daily candle from October 22, 2025). Fig. 1 (Daily Chart) Comprehensive Analysis: Indicator analysis — down Fibonacci levels — down Volume — down Candlestick analysis — down Trend analysis — down Bollinger Bands — down Weekly chart — up Overall conclusion: Downward trend. Alternative Scenario: From the 1.3321 level (yesterday's daily candle close), the price may continue movi... .. read more..
Europe’s luxury is back in fashion: is the comeback real?
Friday, October 24,2025,05:00
Key takeaways From laggard to catch-up mode , luxury stocks are turning higher. European luxury stabilises as China steadies and full-price selling returns. Wholesale cuts and cleaner inventory support margins into the holiday quarter. The rebound in Europe’s luxury names is gathering speed as green shoots appear in China and brands refocus on full-price selling. Here is what is changing, why it matters, and what to watch next. The signal returns Europe’s luxury story went soft through early 2025 as tourists slowed and China’s property chill weighed on aspirational buyers. Since mid-October the tone has shifted. LVMH reported its first quarter of growth this year, with g... .. read more..
EUR/USD. Technical Analysis on October 24, 2025
Friday, October 24,2025,04:56
Trend Analysis (Fig. 1)On Friday, from the 1.1617 level (yesterday's daily candle close), the market may start moving downward toward the target of 1.1576 — the lower fractal (daily candle from October 22, 2025). When testing this level, a corrective upward price movement is possible, targeting 1.1593 — the 61.8% retracement level (blue dashed line). Fig. 1 (Daily Chart) Comprehensive Analysis: Indicator analysis — down Fibonacci levels — down Volume — down Candlestick analysis — down Trend analysis — down Bollinger Bands — down Weekly chart — up Overall conclusion: Downward trend. Alternative Scenario: Today, from the 1.1617 level (yesterday's daily candle close), the price may begin mov... .. read more..
Forex forecast 24/10/2025: EUR/USD, GBP/USD USD/JPY, SP500, Gold and Bitcoin
Friday, October 24,2025,04:22
We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts of exchange rates of the US dollar, euro, ruble, bitcoin, and other currencies for today, tomorrow and this trading week. Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful when making decisions about entering the market. Before the release of important reports, it is best to stay out of the market to avoid being caught in sharp market fluctuations due to inc... .. read more..