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XAU/USD. Analysis and Forecast

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Today, gold has updated its all-time high, driven by a series of fundamental factors. This week has been marked by new threats from U.S. President Donald Trump, who announced the possible suspension of trade operations with China — including shipments of vegetable oil and other goods — in response to Beijing's refusal to purchase American soybeans. In turn, China announced additional special port fees for American vessels entering its ports, as well as stricter export restrictions on rare earth metals.

These measures indicate a significant escalation of the trade conflict between the world's two largest economies. At the same time, geopolitical risks and concerns that the U.S. administration could influence economic indicators are driving increased investment in gold as a safe-haven asset. On Wednesday, a new record high was recorded for the precious metal.

The International Monetary Fund (IMF) has raised its forecast for global economic growth in 2025 for the second time since April — to 3.2% from the previous 3.0% — but warned that renewed trade conflicts between the U.S. and China could significantly slow down production. At the same time, the report notes that the Trump administration's tariff measures have proven to be less damaging than expected.

According to media reports, Trump has considered supplying Ukraine with long-range American Tomahawk cruise missiles to put pressure on Russian President Vladimir Putin and push him toward negotiations. These actions sustain geopolitical tensions and contribute to the rise in gold prices.

Meanwhile, the vote on a temporary funding bill supported by Republicans — aimed at ending the partial shutdown of the federal government — failed to gain the required number of votes in the Senate on Tuesday. This means the shutdown, which began on October 1, will enter its third week, with no resolution in sight.

Yesterday, on Tuesday, Federal Reserve Chair Jerome Powell did not provide specific guidance regarding interest rates, but his comments about labor market weakness suggest that further monetary easing remains possible.

According to the CME Group's FedWatch Tool, markets have already priced in a 25-basis-point rate cut in October, and there is a 90% probability that the Fed will lower borrowing costs again in December. This has been weighing on the U.S. dollar for the second consecutive day, supporting the rise in gold prices. Given that important U.S. macroeconomic data releases have been delayed due to the government shutdown, attention should be paid to speeches by influential FOMC members — they will play a key role in driving dollar demand and providing additional momentum.

From a technical standpoint, gold has shown strong resilience below the round level of $4,100. Moreover, the rally seen over the past three weeks has been moving along an upward trendline, indicating that the path of least resistance for gold remains upward. However, the extremely overbought RSI (Relative Strength Index) on the daily chart calls for caution when opening new long positions.

A corrective pullback toward the $4,100 round level can be viewed as a buying opportunity, likely limited to the $4,060–4,055 area. A convincing break below this zone could trigger technical selling, pushing the price toward the psychological level of $4,000. A strong breakout below that level could be seen as the first sign of exhaustion in the bullish trend, signaling the potential for deeper losses.

The material has been provided by InstaForex Company - www.instaforex.com.

EUR/USD Analysis on October 15, 2025

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The wave pattern on the 4-hour EUR/USD chart has transformed. It is still too early to conclude that the upward trend segment has been canceled, but the recent decline of the European currency has made it necessary to clarify the wave count. Thus, we now see a series of three-wave structures labeled a-b-c. It can be assumed that they are part of the global wave 4 of the upward trend. In this case, wave 4 has taken on an unnaturally extended form, but overall the wave structure remains coherent.

The formation of the upward trend segment continues, while the news background remains generally unfavorable for the dollar. The trade war started by Donald Trump continues. The confrontation with the Federal Reserve continues. The market's "dovish" expectations regarding the Fed's rate are growing. The "shutdown" in the U.S. continues. The market rates the results of Donald Trump's first 7–8 months in office quite low, even though economic growth in the second quarter was nearly 4%.

In my view, the formation of the upward trend segment is not yet complete. Its targets extend up to the 1.25 level. Based on this, the European currency may still decline for some time, even without any fundamental reason for it (as has been the case over the past two weeks). However, the wave structure will still retain its integrity.

The EUR/USD exchange rate practically did not change during Wednesday. The news background today was almost nonexistent. In the morning, the Eurozone published a report on industrial production volumes, which, of course, was disappointing. However, the euro even received a small boost from this report. How can that be?

Industrial production volumes fell by 1.2% month-on-month in August. However, markets had expected a drop of 1.6–2.2%. As a result, the negative outcome for August turned out to be less pessimistic than the market had anticipated.

Still, this report is not significant enough for the euro to feel better compared to recent weeks. Even Jerome Powell's speech yesterday did not particularly help the buyers. The reason is that in Powell's recent statements it has become extremely difficult to extract anything concrete. In essence, everything boils down to the Fed's intention to make rate decisions solely based on economic data.

Consequently, the FOMC is shifting the responsibility for its decisions onto economic reports — that is, onto Donald Trump, who currently steers the U.S. economy. In simpler terms, Powell is saying: if the labor market continues to "cool," we may lower the interest rate; if inflation rises, we may refrain from cutting it. Such "specifics" are unlikely to satisfy market participants.

General Conclusions

Based on the conducted EUR/USD analysis, I conclude that the pair continues to form an upward trend segment. The wave structure still entirely depends on the news background connected with Trump's decisions and the internal and external policies of the new White House administration. The targets of the current trend segment may extend up to the 1.25 level.

At the moment, we are observing the formation of corrective wave 4, which is nearing completion but is taking on a very complex and extended form. Therefore, in the near future, I continue to consider only buying positions. By the end of the year, I expect the euro to rise to 1.2245, which corresponds to 200.0% on the Fibonacci scale.

On a smaller scale, the entire upward segment of the trend is visible. The wave structure is not the most standard one, since the corrective waves differ in size. For example, the larger wave 2 is smaller in size than the internal wave 2 within wave 3. However, this can happen. I remind you that it is best to identify clear structures on the chart rather than trying to account for every single wave. The current upward structure raises almost no questions.

Basic Principles of My Analysis

1. Wave structures should be simple and clear. Complex structures are difficult to trade and often change.
2. If you are uncertain about what is happening in the market, it's better not to enter it.
3. There can never be 100% certainty about market direction. Always use protective Stop Loss orders.
4. Wave analysis can be combined with other types of analysis and trading strategies.

The material has been provided by InstaForex Company - www.instaforex.com.

EUR/CAD. Analysis and Forecast

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Today, the EUR/CAD pair continues its advance following Friday's rebound from the 1.6170 level, gaining momentum for the second consecutive day.

This marks the third day of positive performance in the past four sessions, pushing spot prices above the key 1.6300 level. From a technical standpoint, the breakout above the confluence of the 9-day EMA and 14-day EMA around 1.6280 can be seen as a key bullish signal. Moreover, the oscillators on the daily chart are gathering positive momentum, confirming a constructive outlook for further growth in the EUR/CAD pair.

Some follow-through buying beyond the 1.6350 resistance level would reinforce the bullish scenario, opening the way toward the next psychological level at 1.6400.

On the other hand, a decline below the confluence of the 9-day and 14-day EMAs, located around 1.6280, would likely find solid support in the 1.6250–1.6245 level. Below that lies the 1.6220 level and the weekly low near the 1.6200 round level — a decisive break below which would negate the bullish bias and shift the momentum in favor of the bears.

The material has been provided by InstaForex Company - www.instaforex.com.

Why the Euro Is Showing Some Signs of Growth

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Yesterday's statements by Federal Reserve Chair Jerome Powell reminded everyone who still had doubts that the regulator has no intention of sitting idly by and waiting for labor market and inflation data before taking action.

But apart from the Fed's dovish tone, attention should also be paid to the comments of European Central Bank (ECB) officials — without whom nothing ever happens.

ECB Governing Council member Gabriel Makhlouf yesterday dismissed concerns about inflation falling below the 2% target, saying that in fact he is more worried that it might once again rise above that threshold. This provided additional support for the euro, as it reaffirmed the ECB's commitment to a restrictive policy stance.

"Overall, I'm more focused on the factors that could push inflation up than on those that could slow it down," said the head of Ireland's central bank. "In these debates about missing the target level, I'm more concerned that we'll end up above, rather than below, 2%."

Makhlouf's statement came amid a growing debate about the future of ECB monetary policy. While some analysts predict slowing inflation and are calling for policy easing, others — including Makhlouf — remain cautious about the potential resurgence of inflationary pressures.

Arguments in favor of a tighter policy are supported by several factors. First, despite recent declines, inflation in the eurozone remains above target, indicating persistent risks. Second, continued wage growth and steady demand in the economy could create conditions for further price increases. Finally, geopolitical uncertainty and potential supply disruptions stemming from U.S.–China trade tensions also pose a threat to price stability.

In response to concerns about falling inflation, Makhlouf emphasized that the ECB's main task is to ensure price stability. He noted that to achieve this goal, it is necessary to maintain a restrictive monetary policy until inflation sustainably returns to the target level.

The euro's rise following Makhlouf's remarks indicates that markets view his comments as confirmation of the ECB's commitment to fighting inflation. This could lead to further strengthening of the European currency, which, in turn, might slightly ease inflationary pressure. However, the ultimate impact of these factors on the economy and monetary policy will depend on future developments and the ECB's decisions.

Makhlouf's comments also underscore that policymakers remain alert to the uncertainty facing the eurozone economy, even though inflation is hovering near the target level. Several ECB officials have recently said that they see risks to the inflation outlook as balanced. Makhlouf took a different view, saying he believes they are "slightly tilted to the upside." He also stated that the latest economic data gave him more confidence in the ECB's September forecasts, which project GDP growth of 1.2% in 2025 and 1% in 2026.

"The situation can change very quickly — remember China's decision to restrict rare earth metal exports and the threat of a 100% tariff from the U.S.," he said. "But putting that aside, the European economy has shown resilience."

Technical Outlook for EUR/USD

As for the current technical picture of EUR/USD, buyers now need to think about taking control of the 1.1650 level. Only then will it be possible to aim for a test of 1.1680. From there, the pair could climb to 1.1715, but doing so without support from major players will be quite difficult. The furthest target is the 1.1745 high. In case the instrument declines, I expect significant buying activity only around 1.1615. If no large buyers appear there, it would be better to wait for a renewal of the 1.1580 low or to open long positions from 1.1545.

Technical Outlook for GBP/USD

As for GBP/USD, pound buyers need to capture the nearest resistance at 1.3360. Only then will it be possible to aim for 1.3390, above which it will be rather difficult to break through. The furthest target is the 1.3425 level. If the pair falls, the bears will try to take control at 1.3330. If they succeed, a break below this range would deal a serious blow to the bulls' positions and push GBP/USD toward the 1.3290 low, with the prospect of moving down to 1.3250.

The material has been provided by InstaForex Company - www.instaforex.com.

USD/JPY: Tips for Beginner Traders for October 15th (U.S. Session)

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Trade Analysis and Recommendations for Trading the Japanese Yen

The price test of 151.30 in the first half of the day occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. For this reason, I did not buy the dollar. The second test of 151.30 coincided with the MACD being in the overbought zone, triggering Scenario #2 for a sell trade, but the pair never actually declined, resulting in a loss.

Today's focus is on the Empire Manufacturing report. Given the lack of any other significant statistics, this release alone may provide insight into the state of the manufacturing sector in the region. Traders are unlikely to react strongly to signs of either slowdown or acceleration in economic activity. The Empire Manufacturing Index is expected to rise slightly compared to the previous period. Afterward, market participants will shift their attention to speeches by FOMC members Christopher Waller and Jeffrey Schmid. Their remarks on the current macroeconomic situation and future prospects for monetary policy will be closely analyzed for hints of potential further interest rate cuts. However, even if their position differs from Federal Reserve Chair Jerome Powell's comments yesterday, the U.S. dollar is still likely to lose ground against the yen.

As for the intraday strategy, I will mainly rely on Scenarios #1 and #2.

Buy Signal

Scenario #1: Today, I plan to buy USD/JPY when the price reaches around 151.52 (green line on the chart), targeting growth to 151.92 (thicker green line on the chart). Around 151.92, I plan to exit buy positions and open sell positions in the opposite direction, aiming for a 30–35 point movement in the reverse direction. A rise in the pair can be expected as part of the ongoing upward trend.Important: Before buying, make sure the MACD indicator is above the zero line and just beginning to rise from it.

Scenario #2: I also plan to buy USD/JPY today if there are two consecutive tests of the 151.30 level, at the moment when the MACD is in the oversold area. This will limit the pair's downward potential and lead to a reversal upward. Growth can be expected toward the opposite levels of 151.52 and 151.92.

Sell Signal

Scenario #1: Today, I plan to sell USD/JPY after it breaks below 151.30 (red line on the chart), which will lead to a quick decline in the pair. The key target for sellers will be 150.85, where I plan to exit short positions and immediately open buy positions in the opposite direction (expecting a 20–25 point upward movement from that level). Downward pressure on the pair may return if Fed officials adopt a dovish stance.Important: Before selling, make sure the MACD indicator is below the zero line and just starting to fall from it.

Scenario #2: I also plan to sell USD/JPY today if there are two consecutive tests of the 151.52 price level, at the moment when the MACD is in the overbought area. This will limit the pair's upward potential and lead to a downward reversal. A decline can be expected to the opposite levels of 151.30 and 150.85.

What's on the Chart:

• Thin green line – entry price where you can buy the trading instrument;
• Thick green line – projected price where you can set a Take Profit or manually lock in profits, as further growth above this level is unlikely;
• Thin red line – entry price where you can sell the trading instrument;
• Thick red line – projected price where you can set a Take Profit or manually lock in profits, as further decline below this level is unlikely;
• MACD indicator – when entering the market, it is important to consider overbought and oversold zones.

Important Note

Beginner traders in the Forex market should make entry decisions with great caution. Before the release of major fundamental reports, it's best to stay out of the market to avoid sudden price volatility. If you decide to trade during news releases, always set stop-loss orders to minimize losses. Without stop-losses, you can lose your entire deposit very quickly — especially if you don't apply money management and trade with large volumes.

And remember: for successful trading, you must have a clear trading plan, like the one presented above. Making spontaneous trading decisions based on the current market situation is an inherently losing strategy for an intraday trader.

The material has been provided by InstaForex Company - www.instaforex.com.

GBP/USD: Tips for Beginner Traders for October 15th (U.S. Session)

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Trade Analysis and Recommendations for Trading the British Pound

The price test of 1.3367 occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. For this reason, I did not buy the pound.

Comments from Bank of England officials did not help the pound rise. Investors, who are seeking clearer signals on the future course of monetary policy, heard nothing new — only restrained statements.

Today, attention will focus on the Empire Manufacturing Index, which may shed light on the state of industry in the region and, indirectly, across the country. Investors are extremely sensitive to any signs of a slowdown or acceleration in economic activity, as this directly affects the outlook for corporate earnings and, consequently, the movement of stock indexes. The Empire Manufacturing Index is expected to show a slight improvement compared to the previous month. However, only a significant deviation from forecasts could trigger a sharp market reaction.

After that, investors' attention will shift to speeches by Federal Open Market Committee (FOMC) members Christopher Waller and Jeffrey Schmid. Their comments on the current macroeconomic situation and the outlook for monetary policy will be closely analyzed for hints of further interest rate cuts — a topic mentioned yesterday by Fed Chair Jerome Powell.

As for the intraday strategy, I will mainly rely on scenarios #1 and #2.

Buy Signal

Scenario #1: Today, I plan to buy the pound when the price reaches around 1.3362 (green line on the chart), targeting growth to 1.3398 (thicker green line on the chart). Around 1.3398, I plan to close buy positions and open sell positions in the opposite direction, aiming for a 30–35 point movement in the opposite direction. A strong rise in the pound can be expected today if the upward trend continues.Important: Before buying, make sure the MACD indicator is above the zero line and just starting to rise from it.

Scenario #2: I also plan to buy the pound today if there are two consecutive tests of the 1.3342 price level, at the moment when the MACD is in the oversold area. This will limit the pair's downward potential and lead to a reversal upward. Growth can be expected to the opposite levels of 1.3362 and 1.3398.

Sell Signal

Scenario #1: Today, I plan to sell the pound after it breaks below 1.3342 (red line on the chart), which will lead to a rapid decline in the pair. The main target for sellers will be 1.3304, where I plan to exit sell positions and immediately open buy positions in the opposite direction (expecting a 20–25 point movement upward from that level). The pound could weaken in the second half of the day.Important: Before selling, make sure the MACD indicator is below the zero line and just starting to fall from it.

Scenario #2: I also plan to sell the pound today in the case of two consecutive tests of the 1.3362 price level, at the moment when the MACD is in the overbought area. This will limit the pair's upward potential and lead to a downward reversal. A decline can be expected to the opposite levels of 1.3342 and 1.3304.

What's on the Chart:

• Thin green line – entry price where you can buy the trading instrument;
• Thick green line – projected price where you can set a Take Profit or manually secure profits, as further growth above this level is unlikely;
• Thin red line – entry price where you can sell the trading instrument;
• Thick red line – projected price where you can set a Take Profit or manually secure profits, as further decline below this level is unlikely;
• MACD indicator – when entering the market, it's important to consider overbought and oversold zones.

Important Note

Beginner traders in the Forex market should make entry decisions with great caution. Before the release of important fundamental reports, it's best to stay out of the market to avoid sudden price swings. If you decide to trade during news releases, always set stop-loss orders to minimize losses. Without stop-losses, you can lose your entire deposit very quickly — especially if you don't use money management and trade large volumes.

And remember: for successful trading, you must have a clear trading plan, like the one presented above. Making spontaneous trading decisions based on the current market situation is an inherently losing strategy for an intraday trader.

The material has been provided by InstaForex Company - www.instaforex.com.

EUR/USD: Tips for Beginner Traders for October 15th (U.S. Session)

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Analysis of Trades and Tips for Trading the European Currency

The price test of 1.1630 occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. For this reason, I did not buy the euro.

The decline in industrial output in the eurozone countries, though expected, turned out to be less significant than analysts had predicted, allowing the European currency to maintain a positive trend against the U.S. dollar. However, the pair also did not see any major growth. The euro's rate was influenced in two ways: on the one hand, industrial figures that were better than expected supported the currency; on the other hand, the ongoing contraction puts the ECB in a more difficult position.

This afternoon, the release of the Empire Manufacturing Index will be a separate event, but the main focus of market participants will be on speeches by Federal Reserve representatives — Christopher Waller and Jeffrey Schmid. Considering the dovish tone of the Fed Chair's speech yesterday, it's unlikely that we'll hear anything new from Waller and Schmid today. The Empire Manufacturing Index will have even less impact on the market. Disappointing figures will only once again confirm the Fed's correct stance on further rate cuts, which will weaken the dollar.

As for the intraday strategy, I will mainly rely on scenarios #1 and #2.

Buy Signal

Scenario #1: Today, you can buy the euro when the price reaches around 1.1641 (green line on the chart), targeting growth to the level of 1.1671. At 1.1671, I plan to exit the market and also sell the euro in the opposite direction, aiming for a movement of 30–35 points from the entry point. A euro rise today can be expected only after dovish statements from Fed representatives.Important: Before buying, make sure the MACD indicator is above the zero line and just starting to rise from it.

Scenario #2: I also plan to buy the euro today if there are two consecutive tests of the 1.1615 price level, at the moment when the MACD is in the oversold area. This will limit the pair's downward potential and lead to a reversal of the market upward. Growth can be expected to the opposite levels of 1.1641 and 1.1671.

Sell Signal

Scenario #1: I plan to sell the euro after reaching the level of 1.1615 (red line on the chart). The target will be 1.1588, where I intend to exit the market and immediately buy in the opposite direction (expecting a movement of 20–25 points in the opposite direction from this level). Downward pressure on the pair is unlikely to return today.Important: Before selling, make sure the MACD indicator is below the zero line and just starting to fall from it.

Scenario #2: I also plan to sell the euro today in the case of two consecutive tests of the 1.1641 price level, at the moment when the MACD is in the overbought area. This will limit the pair's upward potential and lead to a downward reversal of the market. A decline can be expected to the opposite levels of 1.1615 and 1.1588.

What's on the Chart:

• Thin green line – entry price where you can buy the trading instrument;
• Thick green line – the projected price where you can set Take Profit or manually fix profit, since further growth above this level is unlikely;
• Thin red line – entry price where you can sell the trading instrument;
• Thick red line – the projected price where you can set Take Profit or manually fix profit, since further decline below this level is unlikely;
• MACD indicator – when entering the market, it is important to follow overbought and oversold zones.

Important Note

Beginner traders in the Forex market should make entry decisions with great caution. Before the release of important fundamental reports, it's best to stay out of the market to avoid getting caught in sharp price fluctuations. If you decide to trade during news releases, always set stop-loss orders to minimize losses. Without stop-losses, you can lose your entire deposit very quickly — especially if you don't use money management and trade large volumes.

And remember: for successful trading, you must have a clear trading plan, like the one presented above. Making spontaneous trading decisions based on the current market situation is an inherently losing strategy for an intraday trader.

The material has been provided by InstaForex Company - www.instaforex.com.

Number of public companies holding Bitcoin on their balance sheets expands by 40% in Q3

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Bitcoin is holding up relatively well after the recent sell-off, although there are few willing buyers above the $116,000 level. Most market participants are waiting for a deeper correction toward the $106,000 area before making a move — and there are fair reasons for that. The market needs time to recover after losing nearly $20 billion in less than a week. This is reflected in the ongoing consolidation observed across many cryptocurrencies.

Meanwhile, in Q3 of this year, a record number of companies increased their exposure by investing in Bitcoin. The number of public companies holding Bitcoin rose to 172, which is almost a 40% surge compared to three months earlier. As of September 30, these companies collectively held over 1.02 million BTC, valued at approximately $117 billion. Over the past two weeks, that figure has increased slightly to 1.02 million BTC and $118.4 billion.

This surge in corporate interest reflects growing recognition of Bitcoin as a legitimate asset class and a potential hedge against inflation. The trend is also supported by improved crypto market infrastructure, making investments more accessible and secure for large players. Increased corporate participation not only helps stabilize Bitcoin prices but also promotes its wider adoption as a means of payment and a store of value. Companies holding Bitcoin can use it for various purposes, including diversifying treasury reserves, facilitating international transactions, and attracting new customers.

However, it's important to note that corporate investments in Bitcoin also carry risks. Price volatility can significantly impact financial performance, and regulatory uncertainty remains a key factor that could influence future investment decisions.

The most aggressive accumulators were public companies that added over 193,000 BTC to their balances — a 20.68% rise compared to the previous quarter. Bitcoin adoption by public companies has significantly outpaced growth in other sectors, such as private companies and exchange-traded funds (ETFs), where growth reached 2.21% and 6.7%, respectively.

Among the top corporate holders are well-known names like MicroStrategy, which owns 640,031 BTC, as well as new players like Metaplanet, which more than doubled its Bitcoin assets during the quarter.

Trading recommendations

Bitcoin From a technical standpoint, buyers are now aiming to regain the $113,800 level, which opens a clear path toward $116,300, and from there it's a short distance to $118,400. The furthest target is the high around $120,600 — breaking above this would confirm a strengthening bull market. In case of a decline, buyers are expected to emerge around $111,400. A drop below this area could quickly push BTC down to $109,300, with the furthest bearish target at $106,700.

Ethereum A firm breakout above the $4,180 level opens the door for a move toward $4,318. The furthest bullish target is the high around $4,403 — breaking this level would suggest stronger buyer interest and a continuation of the bull market. If ETH pulls back, buyers are expected around $4,037. A drop below this area could send ETH quickly down to $3,858, with the furthest bearish target at $3,717.

What's on the chart

• The red lines represent support and resistance levels, where price is expected to either pause or react sharply.
• The green line shows the 50-day moving average.
• The blue line is the 100-day moving average.
• The lime line is the 200-day moving average.

Price testing or crossing any of these moving averages often either halts movement or injects fresh momentum into the market.

The material has been provided by InstaForex Company - www.instaforex.com.

US Market News Digest for October 15

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Stock indices show mixed performance

US stock indices closed in mixed territory as investor sentiment improved on the back of expectations that the Fed may lower interest rates.

This positive shift outweighed concerns over ongoing trade tensions with China, which continue to weigh on market sentiment.

At the same time, analysts note growing interest in safe-haven assets, including gold and Treasury bonds.

Follow the link for more details.

Market remains volatile amid trade-related risks

The equity market continues to experience heightened volatility, which signals the potential for a correction.

Despite strong corporate earnings reports, the S&P 500 index remains under pressure from the escalation of trade tensions with China.

Analysts point out that if tensions persist, a short-term pullback may follow.

Market participants are also noting increased trading volumes, indicating elevated speculative activity.

Follow the link for more details.

Financial sector strengthens, tech sector expands

Wells Fargo shares rose steadily after earnings forecasts were raised, reigniting investor interest in the banking sector.

Meanwhile, Google announced plans for significant investment in an AI hub in India, reinforcing its position in emerging markets.

Experts believe that such moves could intensify competition between US and Asian AI companies in the coming years.

Follow the link for more details.

Apple boosts production diversification

Apple announced its entry into the smart home market with a new $350 hub, which would be manufactured in Vietnam.

This move reflects the company's strategic shift toward reducing reliance on Chinese production and reinforcing supply chains, factors seen as potentially positive for Apple's share price.

Additional focus is being placed on integrating artificial intelligence technologies into the Apple Home ecosystem.

Follow the link for more details.

As a reminder, InstaForex offers the best conditions for trading stocks, indices, and derivatives, helping traders profit effectively from market volatility.

The material has been provided by InstaForex Company - www.instaforex.com.

EUR/USD Forecast on October 15, 2025

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On Tuesday, the EUR/USD pair rebounded from the 61.8% Fibonacci corrective level at 1.1594 and showed a slight decline. However, by evening, the pair reversed in favor of the euro and consolidated above 1.1594. Thus, the upward movement may continue today toward the resistance level at 1.1645–1.1656. A rebound from this zone would favor the U.S. dollar and a resumption of the decline toward 1.1594 and 1.1517. A firm close above the level would increase the likelihood of further growth toward the next Fibonacci corrective level at 1.1718.

The wave structure on the hourly chart remains simple and clear. The last completed upward wave failed to break the previous high, while the latest downward wave broke the previous low. Therefore, the trend is still "bearish." However, the latest labor market data and changing expectations for Fed monetary policy are supporting bullish traders, so I anticipate a shift to a "bullish" trend soon. To end the current "bearish" trend, the price must consolidate above the last high at 1.1779.

On Tuesday, bearish traders attempted another attack, and early in the day the news background made this scenario quite realistic. The ZEW Economic Sentiment Indices came in weaker than expected, allowing bears to gain new momentum. However, later in the day, Federal Reserve Chair Jerome Powell stated that while the outlook for the economy and inflation remains uncertain, it hasn't changed much since the last Fed meeting.

According to Powell, the data released before the government shutdown showed an acceleration in inflation and economic activity. He also noted a rise in unemployment in recent months but emphasized that it remains low overall. "Short-term inflation expectations have increased due to import tariffs, but in the long run, inflation forecasts remain at 2%," Powell said.

Thus, Powell didn't provide any major new information on Tuesday, but traders continue to doubt whether the Fed will decide to cut rates in October without fresh economic data. Overall, market uncertainty remains high, much of it related to Federal Reserve policy and Donald Trump's actions.

On the 4-hour chart, the pair consolidated below 1.1680, allowing traders to expect continued decline toward the 127.2% Fibonacci corrective level at 1.1495. However, a bullish divergence on the CCI indicator may help stop the current decline. A close above 1.1680 and the descending trend channel would favor the euro and signal a potential resumption of the "bullish" trend toward the 161.8% Fibonacci level at 1.1854.

Commitments of Traders (COT) Report

During the last reporting week, professional traders closed 789 long positions and opened 2,625 short positions. The sentiment among the non-commercial category remains bullish, thanks largely to Donald Trump's policies, and continues to strengthen over time. The total number of long positions held by speculators now stands at 252,000, while short positions total 138,000 — a nearly two-to-one difference.

Also, note the number of green cells in the table above: they reflect strong increases in positions on the euro. In most cases, interest in the euro continues to grow, while interest in the dollar declines.

For thirty-three consecutive weeks, major players have been reducing their short positions and increasing their long ones. Donald Trump's policies remain a major factor for traders, as they could lead to long-term, structural problems for the U.S. economy. Despite the signing of several important trade agreements, many key economic indicators are showing declines.

Economic Calendar for the U.S. and the Eurozone

Eurozone – Industrial Production Change (09:00 UTC)

For October 15, the economic calendar includes only one "second-tier" event. Therefore, the influence of the news background on market sentiment on Wednesday will likely be minimal.

EUR/USD Forecast and Trading Tips

Sell positions are possible today if the pair rebounds from the 1.1645–1.1656 level on the hourly chart, with targets at 1.1594 and 1.1517. Buy positions could have been considered upon closing above 1.1594, with targets at 1.1645–1.1656. Today, a firm close above 1.1645–1.1656 would allow traders to keep long positions open, targeting 1.1718.

Fibonacci grids are drawn from 1.1392–1.1919 on the hourly chart and from 1.1214–1.0179 on the 4-hour chart.

The material has been provided by InstaForex Company - www.instaforex.com.

GBP/USD Forecast on October 15, 2025

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On the hourly chart, the GBP/USD pair on Tuesday rebounded from the 1.3332–1.3357 level and declined toward the 127.2% Fibonacci corrective level at 1.3225. However, in the second half of the day, the pair reversed in favor of the pound and returned to the 1.3332–1.3357 level. A firm move above this zone would support continued growth toward the next 76.4% Fibonacci level at 1.3425.

The wave structure still looks "bearish." The most recent upward wave failed to break the previous high, while the last downward wave broke the previous low. The news background in recent weeks has been negative for the U.S. dollar, yet bullish traders have not taken full advantage of these opportunities. To cancel the "bearish" trend, the pair needs to rise above 1.3528 or form two consecutive "bullish" waves.

If the pound is unwilling or unable to rise on its own, help always comes from U.S. news. In recent weeks, bears have launched confident attacks, often without a strong fundamental basis. However, yesterday's weak U.K. economic data gave them new momentum. Their pressure eased by evening, though, after Donald Trump threatened China with new tariffs and sanctions, and Jerome Powell emphasized that the Fed intends to make decisions solely based on economic data.

In fact, Powell's "tough" stance is generally good news for the dollar. If the data do not justify monetary easing, the Fed will likely refrain from cutting interest rates. However, current economic indicators do point to the need for monetary easing — which is why markets now expect another rate cut at the end of October.

As for Trump's statements, they once again highlight rising tensions between the U.S. and China — something that hardly supports bearish sentiment. In my view, a "bullish" trend could soon resume.

On the 4-hour chart, the pair consolidated below the 1.3339–1.3435 level, which allows for continued decline toward the 76.4% Fibonacci corrective level at 1.3118. However, the emergence of a bullish divergence on the CCI indicator also raises the possibility of a reversal in favor of the pound and some upward movement. A close above 1.3339 would also allow expectations of further pound growth.

Commitments of Traders (COT) Report

The sentiment among non-commercial traders became more bullish during the last reporting week. The number of long positions held by speculators increased by 3,704, while the number of short positions decreased by 912. The gap between long and short positions now stands at roughly 85,000 vs. 86,000. Bullish traders are once again tipping the balance in their favor.

In my view, the pound still faces downward risks, but with each passing month, the U.S. dollar looks increasingly weak. Previously, traders worried about Donald Trump's protectionist policies without knowing their eventual outcomes — but now they are concerned about the consequences: a possible recession, the constant imposition of new tariffs, and Trump's ongoing pressure on the Fed, which could make the regulator politically dependent on the White House. As a result, the pound now seems far less risky than the U.S. currency.

Economic Calendar for the U.S. and the U.K.

For October 15, the economic calendar contains no significant releases. Therefore, news background is unlikely to influence market sentiment on Wednesday.

GBP/USD Forecast and Trading Tips

Sell positions are possible today if the pair rebounds from the 1.3332–1.3357 level on the hourly chart, targeting 1.3225. Buy positions can be considered if the pair closes above 1.3332–1.3357, targeting 1.3425.

Fibonacci grids are drawn from 1.3332–1.3725 on the hourly chart and from 1.3431–1.2104 on the 4-hour chart.

The material has been provided by InstaForex Company - www.instaforex.com.

Fresh capital returns to crypto market

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Bitcoin suffered another sell-off yesterday, but demand for the leading cryptocurrency soon revived. Inflows into spot BTC and ETH ETFs also resumed. This fresh capital inflow was first recorded yesterday, following the sharp market crash on October 10th this year.

The renewed appetite for risk emerged amid a broader stabilization of sentiment across global financial markets. Investors likely viewed the October 10th dip as a "buy-the-dip" opportunity, which in turn sparked the renewed interest in spot ETFs. Particularly noteworthy was the increased demand for spot ETH ETFs — a sign of growing recognition of Ethereum as a key component of the crypto ecosystem. Inflows into these ETFs may signal investor confidence in Ethereum's long-term potential and its critical role in the development of decentralized applications and the DeFi sector.

As for the October 10th crash, one of the largest international cryptocurrency exchanges — partially blamed for triggering the sell-off — announced yesterday the launch of a $400 million initiative titled "Together" to compensate users who suffered forced liquidations during the sudden crash last Friday. However, skepticism remains high among affected traders. Many believe the $400 million fund is merely a drop in the ocean compared to the total losses incurred. Furthermore, the criteria for compensation eligibility and the distribution mechanism remain unclear. There are growing concerns that the process will be opaque and bureaucratic, leading to delayed payments and unfair allocation of funds.

The exchange stated that it will compensate eligible traders with vouchers worth approximately $300 million and will establish a $100 million low-interest loan fund aimed at helping the ecosystem and institutional users resume trading. Interestingly, a report surfaced today claiming that a user who lost around $2 million on the platform received a compensation voucher worth just $0.26.

Trading recommendations

Bitcoin From a technical standpoint, buyers are currently targeting a return to the $113,800 level, which would pave the way toward $116,300 — and from there, a push to $118,400 is within reach. The ultimate upside target is the resistance area near $120,600, a breakout above which would signal a strengthening bull market. On the downside, buyers are expected to step in around $111,400. A drop below this level could quickly send BTC down to the $109,300 zone, with the final support target near $106,700.

Ethereum Ethereum has firmly established support above the $4,180 level, which opens a clear path toward $4,318. The furthest bullish target is the resistance near $4,403 — a breakout above this level would confirm growing bullish momentum and rising investor interest. In the event of a decline, buyers are expected around the $4,037 support level. A move below that could send ETH down to $3,858, with a final support target near $3,717.

What's on the chart

• The red lines represent support and resistance levels, where price is expected to either pause or react sharply.
• The green line shows the 50-day moving average.
• The blue line is the 100-day moving average.
• The lime line is the 200-day moving average.

Price testing or crossing any of these moving averages often either halts movement or injects fresh momentum into the market.

The material has been provided by InstaForex Company - www.instaforex.com.

Rates Should Be Lower

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Yesterday, Susan Collins, President of the Federal Reserve Bank of Boston, said that the U.S. central bank should continue lowering interest rates this year to support the labor market — while keeping them high enough to restrain inflation.

"Given that inflation risks have become somewhat more contained and the risks to employment have increased, it seems reasonable to continue normalizing policy this year to support the labor market," Collins said Tuesday in remarks prepared for an event at the Federal Reserve Bank of Boston.

Her statement came amid ongoing debates about the future of the Fed's monetary policy and its impact on the economy. Collins' speech highlights the complexity of the task facing the central bank: balancing the need to stimulate the labor market with the need to curb inflation, which, despite some decline, remains above target. Her proposal for a gradual reduction in rates — while keeping them at a relatively high level — represents a compromise approach aimed at minimizing risks to both objectives.

However, opinions among economists and experts about the Fed's optimal strategy differ. Some argue that the central bank should cut rates more aggressively to support economic growth, even at the cost of temporarily higher inflation. Others, conversely, favor a more cautious approach, warning that cutting rates too quickly could undermine efforts to stabilize prices.

"Even with some additional easing, monetary policy will remain moderately restrictive, which will help ensure that inflation resumes its decline once tariff effects work their way through the economy," she said.

Investors now expect that the Fed leadership will lower rates at the meeting later this month — a move Fed Chair Jerome Powell also clearly signaled yesterday. This would mark the second rate cut of the year, following the September decision to lower the key rate by a quarter point to the target range of 4.00–4.25%.

Collins noted that it is difficult to determine to what extent the recent decline in hiring reflects weaker demand for labor versus a reduced supply caused by a sharp slowdown in immigration. According to her, the monthly job growth needed to maintain a stable unemployment rate could soon fall to just 40,000, compared with roughly 80,000 before the pandemic. The Boston Fed chief also said she expects a relatively modest increase in the unemployment rate this year and in early 2026.

Collins was also asked about her outlook on interest rates, to which she replied that policy does not follow a preset path and that she could envision a scenario in which officials keep rates unchanged after another round of easing in October — particularly amid the escalation of a new U.S.-China trade conflict. "A small additional easing of 25 basis points could be appropriate, but I don't think we should get ahead of ourselves," Collins said.

The dollar reacted to all these comments with a solid drop against a range of risk assets.

As for the current EUR/USD technical picture, buyers now need to think about breaking above 1.1630. Only then can they target a test of 1.1660. From there, they could climb to 1.1690, though doing so without support from major players will be quite difficult. The most distant target is the 1.1715 high. If the trading instrument falls toward 1.1600, I expect some serious action from large buyers. If none appear, it would be wise to wait for an update of the 1.1570 low or open long positions from 1.1545.

As for GBP/USD, pound buyers need to break the nearest resistance at 1.3360. Only then can they aim for 1.3390, above which it will be difficult to advance. The most distant target will be the 1.3425 level. If the pair declines, the bears will try to regain control around 1.3330. If successful, a breakout of this range would deal a serious blow to the bulls' positions and push GBP/USD down to the 1.3290 low, with the potential to reach 1.3250.

The material has been provided by InstaForex Company - www.instaforex.com.

The Dollar Plunged Sharply — Here's Why

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Yesterday, the U.S. dollar fell sharply against most risk assets — and there were objective reasons for that.

During his speech, Federal Reserve Chair Jerome Powell indicated that the U.S. central bank intends to lower interest rates, even though the government shutdown is significantly limiting its ability to forecast the state of the economy.

Speaking Tuesday at the annual meeting of the National Association for Business Economics, Powell said that the economic outlook appeared to have remained unchanged since the policymakers' September meeting, when they cut interest rates and projected two more reductions this year.

Powell repeatedly pointed to weak hiring growth and noted that it could deteriorate further. "We're at a stage where a further decline in job openings could well start affecting the unemployment rate," Powell said during a Q&A session following his prepared remarks. "We've gone through an extraordinary period when everything slowed down all at once, and now it's time to take care of the labor market."

These comments came amid rising uncertainty about the global economic situation and growing concerns over a slowdown in U.S. economic growth. Investors viewed the Fed's readiness to ease monetary policy as a positive signal that could help sustain economic activity. However, many economists expressed concern about the lack of data due to the government shutdown, which complicates assessing the real state of the economy and making informed decisions.

Given the limited data available, the Fed will be forced to rely on indirect indicators and its own expert judgment when deciding on the future path of interest rates. This introduces additional risks related to possible forecasting errors and inadequate responses to the changing economic environment. Nevertheless, Powell's signal indicates that the Fed remains committed to maintaining stability and supporting U.S. economic growth, even under heightened uncertainty.

Expectations for a rate cut in October have remained virtually unchanged following Powell's remarks. Investors are pricing in nearly a 100% probability of a reduction, according to federal funds futures contracts.

Recall that the Fed's September rate cut to a target range of 4.00–4.25% was the first since December and followed a sharp summer slowdown in hiring. However, the unemployment rate remains relatively low at 4.3%.

The next Fed meeting is scheduled for October 28–29. Last month, the median forecast of the 19 Fed members projected two more rate cuts this year. However, nine officials believed one or fewer reductions would be appropriate.

As for the current EUR/USD technical picture, buyers now need to think about breaking above 1.1630. Only then can they target a test of 1.1660. From there, they could climb to 1.1690, though doing so without support from major players will be quite difficult. The most distant target is the 1.1715 high. If the trading instrument falls toward 1.1600, I expect some serious action from large buyers. If none appear, it would be wise to wait for an update of the 1.1570 low or open long positions from 1.1545.

As for GBP/USD, pound buyers need to break the nearest resistance at 1.3360. Only then can they aim for 1.3390, above which it will be difficult to advance. The most distant target will be the 1.3425 level. If the pair declines, the bears will try to regain control around 1.3330. If successful, a breakout of this range would deal a serious blow to the bulls' positions and push GBP/USD down to the 1.3290 low, with the potential to reach 1.3250.

The material has been provided by InstaForex Company - www.instaforex.com.

Forex forecast 15/10/2025: EUR/USD, GBP/USD, USD/JPY, Oil, SP500 and Bitcoin

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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

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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 increased volatility. If you decide to trade during the news release, then always place stop orders to minimize losses.

Without placing stop orders, you can very quickly lose your entire deposit, especially if you do not use money management and trade large volumes. For successful trading, you need to have a clear trading plan and stay focues and disciplined. Spontaneous trading decision based on the current market situation is an inherently losing strategy for a scalper or daytrader.

#instaforex #analysis #sebastianseliga

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Gold's surge and three more reasons to stay invested right now

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Markets continue to display sharp movements. Gold and silver have reached record highs amid intensifying geopolitical tensions and growing expectations of Fed rate cuts. Shares of Wells Fargo surged after the bank raised its return targets and saw regulatory restrictions lifted. Google has committed a record $15 billion to develop an AI hub in India. Apple, in turn, is preparing to launch in the smart home market with a $350 premium hub while moving production to Vietnam. This article explores each of these events in depth and details the opportunities they unlock for traders.

Gold sets records amid geopolitical tensions and Fed rate cut expectations

Gold prices hit an all-time high on Wednesday, climbing to $4,185 per ounce, driven by escalating US-China trade disputes and expectations of two additional Fed rate cuts later this year. This section of the article explores the drivers behind the sharp rally in precious metals, the impact of global politics and monetary policy on commodity markets, and trading strategies for participants looking to harness current volatility.

Declining yields on US Treasuries, which hit multi-week lows after Fed Chair Jerome Powell indicated a potential rate cut, have once again made gold more attractive. Low yields and cheaper borrowing costs traditionally support precious metals, which do not generate interest income.

Rising geopolitical risks also lifted gold demand after a statement by Donald Trump signaling a possible halt to vegetable oil trade with China. Investors rotated into safe-haven assets once again, while China promised retaliatory measures following the threat of an additional 100% tariff hike.

The silver market showed even more dramatic performance: spot prices surged to a record $53.54 per ounce before sharply retreating as signs emerged of easing historical supply tightness in the London market. The spread between London and New York prices narrowed, and borrowing costs for the metal began to decline, though they remain elevated.

Investors continue to track the US Section 232 investigation involving silver, platinum, and palladium, fearing the imposition of new tariffs despite formal exemptions granted in April.

The four main precious metals have already gained 58–80% this year, making them top-performing commodity assets. This rally is supported by central bank purchases, growing ETF holdings, and expectations of further Fed policy easing.

Contributing to the demand for safe havens are several macro risks: the US-China trade conflict, concerns about the Fed's independence, partial government shutdown in the US, and investors' need to hedge capital against currency devaluation due to widening fiscal deficits, commonly referred to as the "debasement trade."

For traders, the current environment offers both short-term and medium-term opportunities. Pullbacks can serve as entry points to gradually build positions in gold and silver with limited risk, while medium-term strategies can focus on price growth driven by geopolitical catalysts and Fed policy expectations.

Wells Fargo shares rallies on improved outlook and lifted regulatory restrictions

Yesterday, shares of Wells Fargo & Co. posted an impressive gain, closing up 7.1%, the biggest daily increase since November 6 of last year, when markets rallied following Donald Trump's victory in the presidential election. The stock's rally was driven not only by strong quarterly results, but also by the first major revision in the bank's medium-term profitability target in years, following the removal of its asset cap restriction. In this article, we break down the drivers of the rally, the bank's updated guidance, and the trading opportunities this unlocks.

Wells Fargo was the top performer in the KBW Bank Index for the day, and over the past month it trails only Comerica Inc., whose stock was boosted by the announcement of 2025's largest bank merger, Fifth Third Bancorp's acquisition of Comerica. According to analyst Scott Siefers, beyond strong earnings, the key takeaway from Wells Fargo is that the bank is now executing with purpose and urgency.

The primary catalyst for the rally was the upward revision of the bank's target return on tangible common equity (ROTCE) from 15% to a range of 17–18%. This metric reflects the bank's efficiency in generating profits available to common shareholders and is a key tool for assessing growth dynamics along with related costs.

As of the end of September, the total assets of America's fourth-largest bank exceeded $2 trillion for the first time, following the Federal Reserve's decision in June to lift a cap on asset growth that had been in place since late 2017. Since the restriction was introduced, Wells Fargo's stock had significantly lagged behind peers, but the bank now has meaningful room for growth and reinvestment.

In addition, CFO Mike Santomassimo told Bloomberg in an interview that Wells Fargo plans to repurchase roughly the same amount of shares in the final quarter of the year as it did in the third quarter, when the bank bought back $6.1 billion in common stock. This move further supports the stock price, signaling management's confidence in the company's outlook.

Overall, analysts see the current momentum in Wells Fargo shares as a sign of sustained recovery after a prolonged period of regulatory constraints. The increase in ROTCE, asset growth, and active share buyback program form a strong foundation for continued appreciation in the stock's value.

For traders, this may present both short-term and medium-term speculative opportunities: buying on pullbacks, trading around earnings momentum, and strategically using long positions based on the upgraded ROTCE outlook.

To take advantage of these opportunities, register with InstaForex and download our app—receive instant market alerts, track real-time quotes, and react to every development, turning news into actionable trading decisions.

Google invests $15 billion in India's largest AI hub

Alphabet Inc., the parent company of Google, has announced a major project in India. Over the next five years, the company plans to invest around $15 billion in constructing an AI infrastructure hub in the port city of Visakhapatnam, marking Google's largest investment in the rapidly growing country. This article outlines the key details of the project, partnership agreements, market development forecasts, regional economic impact, and trading recommendations for those looking to capitalize on the new opportunities.

The project involves the creation of a data center integrated with new energy sources and a fiber-optic network, in partnership with Indian magnate Gautam Adani through his firm AdaniConneX, as well as Bharti Airtel, the country's second-largest telecom operator.

According to the government of Andhra Pradesh, the region is expected to reach 6 gigawatts of data center capacity by 2029, making Google's initiative a strategic component of the state's program to accelerate the development of the artificial intelligence industry.

The scale of investment is striking: the Visakhapatnam data center alone is valued at over $10 billion. "This is not just about jobs, it's about the broader economic impact the project will generate," Nara Lokesh, the region's technology minister and son of state leader Nara Chandrababu Naidu, noted. Lokesh emphasized that the initiative is part of a broader "dual strategy," where industrial regional development and federal support go hand in hand.

Google joins other American tech giants investing in India. Amazon plans to inject $12.7 billion into cloud infrastructure by 2030, while OpenAI is preparing to build a 1-gigawatt data center. CBRE experts forecast that investments in India's data center market will exceed $100 billion by 2027, positioning the region as one of the key beneficiaries of the global AI boom.

However, these ambitious plans face significant challenges: limited water resources and unreliable electricity supply remain major obstacles to large-scale implementation.

Nonetheless, the state government is providing land and energy incentives, while Naidu's proven track record in transforming Hyderabad into a tech hub fuels confidence in the success of the initiative.

Google Cloud CEO Thomas Kurian emphasized that the hub is being built not only for the company's internal needs but also to support entrepreneurs, enterprises, and commercial organizations across India.

For traders, the news of such a large-scale investment unlocks notable opportunities. Projects of this magnitude typically trigger volatility in the technology and infrastructure asset classes, allowing for strategic plays on both short-term price swings and medium-term trends.

In the case of Google (Alphabet Inc.) stock, this implies monitoring price dynamics related to construction progress and key partnership announcements, locking in gains on short-term spikes following major news, and using pullbacks as entry points to scale into longer-term positions.

Apple enters smart home market with $350 hub, shifts production to Vietnam

Apple has announced the launch of its long-awaited smart home hub, scheduled for March 2026, which will become the company's new flagship product in the smart home segment. The $350 device, featuring a 7-inch display and both tabletop and wall-mounted configurations, is designed to compete with the Amazon Echo Show and other segment leaders. In this article, we analyze the device's key features, Apple's strategic manufacturing shift, market forecasts, the new product's financial implications, and practical recommendations for traders.

Internally codenamed J490 for the tabletop version and J491 for the wall-mounted model, the hub resembles a HomePod mini with a screen, equipped with a FaceTime camera and software that recognizes family members to personalize features.

The initial launch was planned for March 2025 but was postponed to accommodate an updated version of Siri based on next-generation architecture.

The $350 price point is significantly higher than competitors and even the full-sized HomePod, reflecting Apple's premium positioning, delivering innovation at a price that often leaves competitors puzzled.

Strategically, the shift lies in the fact that production of the device will be carried out in Vietnam by China's BYD, rather than the company's traditional Chinese manufacturing base.

BYD will handle final assembly, testing, and packaging of the devices, aligning with Apple's broader efforts to reduce reliance on Chinese manufacturing amid ongoing trade tensions.

As of 2023, Apple suppliers operated 35 manufacturing facilities in Vietnam, with total investment in the country since 2019 reaching approximately $16 billion. Products already made there include AirPods, iPads, Apple Watch, and some Mac models. Nonetheless, exports from Vietnam are still subject to 20% tariffs in the US, which adds to costs and keeps market sentiment cautious.

Apple's ambitions extend beyond the home hub. By the end of 2026, it plans to release an indoor security camera codenamed J450, and by 2027, a tabletop robot with a 9-inch display and motorized manipulator, which is expected to cost "several hundred dollars." With these additions, Apple is gradually building a smart home ecosystem that could potentially shift the balance of power against Amazon and Google.

For traders, the news of the home hub and the production shift opens real opportunities. A direct impact could be a rise in Apple shares on news tied to the device's launch and expansion of manufacturing capabilities in Vietnam. Short-term volatility is expected around each major announcement, from the official rollout to the first demand reports.

Using pullbacks as entry points allows for position-building with limited risk. Medium-term investors may view Apple stock as a proxy for participating in the smart home segment's expansion and the company's reinforced manufacturing footprint in Southeast Asia.

To seize this opportunity, open an account with InstaForex and download our mobile app. Trade Apple shares and other instruments right from your smartphone, track the market in real time, and respond instantly to every important news trigger!

The material has been provided by InstaForex Company - www.instaforex.com.

Stock market on October 15: S&P 500 and NASDAQ rebound

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Yesterday, US stock indices closed mixed. The S&P 500 declined by 0.16%, while the Nasdaq 100 dropped by 0.76%. The industrial Dow Jones rose by 0.44%.

Equity indices advanced and the dollar weakened as optimism around a potential interest rate cut by the Federal Reserve revived risk appetite and outweighed renewed US-China trade tensions. Markets recovered much of the previous week's losses as traders focused on the prospect of a more dovish monetary policy signaled by the Fed, while largely ignoring continued reports of difficulties in US-China trade negotiations.

A growing conviction of an inevitable Fed rate cut exerted pressure on US Treasury yields, making the dollar less attractive to investors. This, in turn, supported asset prices denominated in other currencies and triggered a rally in equity markets. However, lingering uncertainty surrounding US-China trade relations continues to have a dampening effect on investor sentiment.

Further escalation of the trade war could offset the positive impact of a Fed rate cut and once again redirect capital into safe-haven assets such as gold and Treasuries.

Asian stocks jumped 1.9%, marking the largest intraday gain in over two months, after Fed Chair Jerome Powell's concerns about labor market weakness bolstered expectations of a rate cut in October. The yield on two-year US Treasury notes remained near its lowest levels since 2022. Gold reached a new peak.

Powell signaled that the US central bank intends to cut interest rates by another quarter point at the end of this month, despite the government shutdown significantly reducing the Fed's capacity to forecast economic trends. Swap contracts are pricing in a total rate cut of approximately 1.25 percentage points by the end of next year, compared to the current range of 4-4.25%.

Meanwhile, US Trade Representative Jameson Greer stated that escalating tensions with China over export controls are expected to ease following negotiations between officials from both nations. Trump also expressed cautious optimism about the possibility of a positive outcome. "We have a fair relationship with China, and I think it'll be fine. And if it's not, that's okay too," Trump told reporters Tuesday at the White House. "We're taking a lot of hits, but we've made great progress."

As for the technical picture of the S&P 500, the key objective for buyers today will be to overcome the nearest resistance level of $6,672. This would support further price appreciation and open the path toward a push to the next level at $6,682. No less important for bulls will be maintaining control above the $6,697 mark, which would strengthen buyer positioning. In the event of a downside move amid declining risk appetite, buyers must assert themselves around $6,660. A break below this level would quickly push the instrument back to $6,648 and open the way to $6,638.

The material has been provided by InstaForex Company - www.instaforex.com.

With technical conditions indicating the strengthening, XPD/USD has the potential to rise today. Wednesday, November 15,

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[XPD/USD] – [Wednesday, October 15, 2025]

With the condition of technical indicators which showing a bullish momentum for XPD/USD, such as both EMAs forming a Golden Cross and the RSI positioned in the Neutral-Bullish zone. This suggests that XPD/USD has the potential to strengthen today.

Key Levels:

1. Resistance. 2 : 1649.30

2. Resistance. 1 : 1605.71

3. Pivot : 1539.32

4. Support. 1 : 1495.73

5. Support. 2 : 1429.34

Tactical Scenario:

Positive Reaction Zone: If Palladium strengthens above 1539.32, it may continue its rally toward 1605.71.

Momentum Extension Bias: If 1605.71 is successfully broken, there is potential for XPD/USD to test the 1649.30 level.

Invalidation Level / Bias Revision:

The upside bias weakens if XPD/USD falls and closes below 1429.34.

Technical Summary:

EMA(50) : 1545.45

EMA(200): 1486.42

RSI(14) : 57.55

Economic News Release Agenda:

Tonight, the only economic release from the United States is the Empire State Manufacturing Index at 19:30 WIB.

The material has been provided by InstaForex Company - www.instaforex.com.

Platinum has the potential to strengthen toward its nearest resistance level today. Wednesday, October 15, 2025.

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[Platinum] – [Wednesday, October 15, 2025]

Even though the intersection of the Golden Cross of the two EMA(50) & (200) is relatively narrow, but with the RSI in the Neutral-Bullish zone suggests that buyers are still dominant in Platinum.

Key Levels:

Level-Level Kunci

1. Resistance. 2 : 1743.0

2. Resistance. 1 : 1704.0

3. Pivot : 1672.5

4. Support. 1 : 1633.5

5. Support. 2 : 1602.0

Tactical Scenario:

Positive Reaction Zone: If Platinum breaks and closes above 1704.0, it may move to test 1743.0.

Momentum Extension Bias: If Platinum successfully breaks and closes above 1743.0, there is potential for it to reach 1774.5.

Invalidation Level / Bias Revision:

The upside bias weakens if Platinum falls and closes below 1602.0.

Technical Summary:

EMA(50) : 1674.9

EMA(200): 1670.1

RSI(14) : 55.03

Economic News Release Agenda:

Tonight, the only economic release from the United States is the Empire State Manufacturing Index at 19:30 WIB.

The material has been provided by InstaForex Company - www.instaforex.com.

The Market Misses a Correction

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The storm in the U.S. equity market shows no signs of calming. The S&P 500 opened with a gap for the second consecutive trading session—this time to the downside—following news of an escalation in the trade conflict. Beijing effectively barred Chinese companies from doing business with the U.S. subsidiary of South Korean shipbuilding giant Hanwha Ocean. Yet upbeat corporate earnings and dovish comments from Jerome Powell helped the broad market index ride the volatility rollercoaster and rebound.

Financial results from major banks, including Goldman Sachs, JPMorgan Chase, and Wells Fargo, exceeded expectations, while BlackRock announced that assets under management surpassed $13 trillion for the first time in history. According to FactSet, third-quarter earnings for S&P 500 companies are expected to rise by 8%. The actual figures could come closer to 13%. Historically, earnings have beaten estimates in three out of every four quarters, which has been a strong support for the U.S. stock market.

On the other hand, the S&P 500 bull market has now stretched into its fourth year, and the index hasn't experienced at least a 5% pullback in 97 trading sessions. The long-term average for such streaks is just 59 days. This raises the question: Is it time for a correction?

Chart: S&P 500 Streaks Without 5% Drawdowns

A return of trade war tensions could be the trigger. Beijing is playing hardball—it seems to have found Donald Trump's Achilles' heel: his unwillingness to see stock indices decline. The president views them as a personal success metric. After the market closed, he announced 100% tariffs, only to reassure the public on social media shortly afterward with posts like "Everything will be fine with China" and "The United States doesn't want to hurt China; we want to help!"

Markets react quickly to messages from the White House and continue to buy S&P 500 dips under the TACO strategy. But China may well believe that Trump will eventually yield. If not, the standoff could escalate into a full-blown trade war, triggering a meaningful correction in the S&P 500 and weighing down both the U.S. and global economies. The Fed would then be left with no choice but to cut rates aggressively.

Jerome Powell gave no concrete indication that another round of monetary easing would occur in October. However, he did note that a continued slowdown in job growth would eventually lead to higher unemployment. Despite another round of blows traded between Beijing and Washington, the S&P 500 managed to edge upward, though it retreated slightly as the trade tension news settled. China halted soybean purchases from the U.S., and in return, the U.S. will stop buying vegetable oil from Chinese exporters.

From a technical perspective, the S&P 500 on the daily chart has twice tested an inside bar pattern. Bulls have yet to close a session above fair value at the 6655 level. A breakout above the large-bar high at 6680 would be a buying signal. On the other hand, a failure to reclaim the 6655 resistance would increase the likelihood of a correction and raise the case for entering short positions.

The material has been provided by InstaForex Company - www.instaforex.com.

USD/JPY: Simple Trading Tips for Beginner Traders on October 15. Review of Yesterday's Forex Trades

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Trade Review and Advice for Trading the Japanese Yen

The 151.89 level test occurred when the MACD indicator began moving downward from the zero line, confirming a valid entry point for selling the U.S. dollar, which resulted in a 25-pip drop in the pair.

The Japanese yen resumed its upward movement against the dollar after Federal Reserve Chair Jerome Powell announced plans for a 25-basis-point rate cut. His statement acted as a catalyst for currency markets, triggering a reassessment of risk and outlooks for both the U.S. and Japanese economies. Investors shifted their focus back to the yen—a traditional safe-haven currency.

Despite the release of weak industrial production data in Japan, the yen continued to strengthen against the dollar. In the medium term, the future direction of the pair will depend on multiple factors, including policy decisions from both the Fed and the Bank of Japan, geopolitical developments, and global economic conditions. However, the course toward yen strength is likely to hold for now.

As for today's intraday strategy, I will primarily rely on implementing Scenarios 1 and 2.

Buy Scenarios

Scenario 1: I plan to buy USD/JPY today if the pair reaches the 151.30 entry level (thin green line on the chart), targeting a rise toward 151.80 (thicker green line). Around 151.80, I plan to exit long positions and enter short positions on a reversal, expecting a pullback of 30–35 pips from that level. It is best to return to long trades on corrections and significant pullbacks in USD/JPY.

Important: Before buying, ensure the MACD indicator is above the zero line and has just started to rise.

Scenario 2: I also plan to buy USD/JPY today if the pair tests the 150.97 level twice while the MACD indicator is in the oversold area. This would limit the downside potential and could lead to an upward reversal, with expected growth toward 151.30 and 151.80.

Sell Scenarios

Scenario 1: I plan to sell USD/JPY today only after a breakout below 150.97 (thin red line on the chart), which may lead to a quick decline in the pair. The main target for sellers will be the 150.43 level (thicker red line), where I plan to exit short positions and consider direct long entries on a bounce, targeting a 20–25 pip reversal. It is optimal to sell from as high a level as possible.

Important: Before selling, make sure the MACD indicator is below the zero line and just beginning to decline.

Scenario 2: I also plan to sell USD/JPY today in the event of two consecutive tests of the 151.30 level while the MACD indicator is in the overbought area. This would cap the pair's upside potential and could lead to a downward reversal, with anticipated movement toward 150.97 and 150.43.

Chart Notes

• Thin green line: Entry level for buy positions
• Thick green line: Target level for taking profit or manually exiting a long position
• Thin red line: Entry level for sell positions
• Thick red line: Target level for taking profit or manually exiting a short position
• MACD indicator: Use overbought and oversold zones as guidance for trade timing

Important for Beginners

Beginner traders in the forex market should make trade decisions with utmost caution. During the release of key economic data, it is often best to stay out of the market to avoid erratic price swings. If you choose to trade during such events, always use stop-loss orders to control risk. Trading without stop-losses can result in rapid loss of your entire deposit, especially if proper money management practices are not in place.

And remember: successful trading requires a clear, structured plan—such as the one presented here. Random trade decisions based on short-term price fluctuations are not a viable strategy for any intraday trader.

The material has been provided by InstaForex Company - www.instaforex.com.

GBP/USD: Simple Trading Tips for Beginner Traders on October 15. Review of Yesterday's Forex Trades

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Trade Review and Advice for Trading the British Pound

The test of the 1.3284 level coincided with the MACD indicator having already moved significantly above the zero line, which limited the pair's bullish potential. The second test of this level occurred while MACD was in the overbought zone, triggering the implementation of Sell Scenario No. 2. However, the anticipated decline in the pair did not materialize.

The pound surged sharply on Tuesday after Federal Reserve Chair Jerome Powell signaled that the U.S. central bank plans to lower the key interest rate by 0.25% at the end of the month. The market reacted instantly with widespread buying of the British currency, as investors interpreted Powell's comments as a signal of U.S. economic weakness and, consequently, decreased attractiveness of the dollar. His announcement came as a surprise to many analysts who had expected a more cautious Fed stance, especially given the absence of new U.S. labor market data. Powell justified the need to cut rates based on continued risks tied to economic uncertainty, trade tensions, and fears of a rising unemployment rate.

No economic data is scheduled for release from the UK today. However, speeches are expected from Sir David Ramsden, Deputy Governor of the Bank of England responsible for markets and banking, and Sarah Breeden, a member of the Financial Policy Committee. Sir David's speech is of particular interest. He is expected to provide an updated assessment of the health of the UK banking system and detail the BoE's efforts to support financial stability. Sarah Breeden, representing the Financial Policy Committee, will likely focus on broader macroeconomic threats. Her comments on the state of the economy and inflation outlook will be closely studied, as the committee plays a key role in formulating the UK's macroprudential policy.

As for today's intraday strategy, I will primarily focus on implementing Scenarios No. 1 and No. 2.

Buy Scenarios

Scenario 1: I plan to buy the pound today if the entry point at 1.3367 (thin green line on the chart) is reached, with a target at 1.3416 (thick green line). Around 1.3416, I will close long positions and consider opening short positions on a reversal, expecting a pullback of 30–35 pips. This buying strategy should only be applied if the BoE assumes a hawkish tone.

Important: Before buying, make sure the MACD indicator is above the zero line and just beginning to rise.

Scenario 2: I also plan to buy the pound today in the event of two consecutive tests of 1.3342 while the MACD indicator is in the oversold zone. This would limit the pair's downside and may lead to a reversal upward. A price move toward 1.3367 and 1.3416 should be expected.

Sell Scenarios

Scenario 1: I plan to sell the pound today if the market breaks below 1.3342 (thin red line on the chart), triggering a quick drop. The primary target would be 1.3304 (thick red line). I plan to exit short positions there and consider immediate long entries on a bounce from the level, with an expected pullback of 20–25 pips. Pound sellers are likely to trade cautiously.

Important: Before selling, ensure that the MACD indicator is below the zero line and has just started to decline.

Scenario 2: I also plan to sell the pound today in the event of two consecutive tests of the 1.3367 level while MACD is in the overbought zone. This would signal limited upside potential and may lead to a downward reversal toward 1.3342 and 1.3304.

Chart Notes

• Thin green line: Entry level for buy positions
• Thick green line: Target level for taking profit or manually exiting a long position
• Thin red line: Entry level for sell positions
• Thick red line: Target level for taking profit or manually exiting a short position
• MACD indicator: Use overbought and oversold zones as guidance for trade timing

Important for Beginners

Beginner traders in the forex market should make trade decisions with utmost caution. During the release of key economic data, it is often best to stay out of the market to avoid erratic price swings. If you choose to trade during such events, always use stop-loss orders to control risk. Trading without stop-losses can result in rapid loss of your entire deposit, especially if proper money management practices are not in place.

And remember: successful trading requires a clear, structured plan—such as the one presented here. Random trade decisions based on short-term price fluctuations are not a viable strategy for any intraday trader.

The material has been provided by InstaForex Company - www.instaforex.com.

EUR/USD: Simple Trading Tips for Beginner Traders on October 15. Review of Yesterday's Forex Trades

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Trade Review and Trading Advice for the Euro

The test of the 1.1565 price level occurred when the MACD indicator began to move upward from the zero line, confirming a valid entry point for buying the euro. As a result, the pair climbed toward the target level at 1.1599.

Following comments made by Federal Reserve Chair Jerome Powell indicating a planned 25-basis-point rate cut by the end of the month, the U.S. dollar experienced a sharp decline. The announcement triggered a broad sell-off in the greenback across global markets, as investors reassessed their expectations for future Fed policy. Powell emphasized that the U.S. economy remains stable but noted that risks related to the labor market call for vigilance and may warrant further easing.

This morning, market participants await the French Consumer Price Index (CPI) and Eurozone industrial production data for August. The French CPI, a key measure of inflation, will show how effectively the country is managing price growth. Readings above forecasts may signal stronger inflationary pressure, reinforcing the ECB's cautious policy stance. The Eurozone's industrial production data will also be important, as it reflects the health of the manufacturing sector—a key component of economic growth. A decline may suggest growth is slowing and could put pressure on the euro.

For today's intraday strategy, I will focus on the implementation of Scenarios 1 and 2.

Buy Scenarios

Scenario 1: I plan to buy the euro today if the price reaches 1.1630 (thin green line on the chart), targeting a rise toward 1.1663. Upon reaching 1.1663 (thick green line), I will exit the market and consider selling the euro on a reversal, expecting a pullback of 30–35 pips from the entry point. A long position is justified only if the incoming data is positive.

Important: Before buying, make sure that the MACD indicator is above the zero line and just beginning to rise.

Scenario 2: I also plan to buy the euro today in the event of two consecutive tests of the 1.1615 level, while the MACD indicator is in the oversold zone. This would limit the pair's downside potential and could lead to an upward reversal toward the 1.1630 and 1.1663 targets.

Sell Scenarios

Scenario 1: I plan to sell the euro if the price reaches 1.1615 (thin red line on the chart), aiming for a decline toward 1.1588. At that level (thick red line), I will exit the short position and potentially buy on a bounce, expecting a 20–25 pip rebound. Market pressure on the pair is unlikely to persist today.

Important: Before selling, ensure that the MACD indicator is below the zero line and just beginning to move downward.

Scenario 2: I also plan to sell the euro today if there are two consecutive tests of the 1.1630 level (buy entry level) and the MACD is in the overbought zone. This would limit the pair's upside potential and could result in a reversal down to 1.1615 and possibly 1.1588.

Chart Notes

• Thin green line: Entry level for buy positions
• Thick green line: Target level for taking profit or manually exiting a long position
• Thin red line: Entry level for sell positions
• Thick red line: Target level for taking profit or manually exiting a short position
• MACD indicator: Use overbought and oversold zones as guidance for trade timing

Important for Beginners

Beginner traders in the forex market should make trade decisions with utmost caution. During the release of key economic data, it is often best to stay out of the market to avoid erratic price swings. If you choose to trade during such events, always use stop-loss orders to control risk. Trading without stop-losses can result in rapid loss of your entire deposit, especially if proper money management practices are not in place.

And remember: successful trading requires a clear, structured plan—such as the one presented here. Random trade decisions based on short-term price fluctuations are not a viable strategy for any intraday trader.

The material has been provided by InstaForex Company - www.instaforex.com.

Intraday Strategies for Beginner Traders on October 15

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The U.S. dollar collapsed against the euro, pound, and other assets following yesterday's interview with Jerome Powell.

The Chairman of the Federal Reserve, Jerome Powell, indicated that the U.S. central bank intends to lower the key interest rate by another 25 basis points, likely as early as the end of October. This statement served as a trigger for widespread dollar selling across global markets, as investors adjusted their expectations for future monetary policy easing.

Powell noted that the U.S. economy continues to show resilience, but risks related to slowing employment growth and ongoing trade tensions require caution and may justify further policy accommodation. According to him, a 25-basis-point rate cut is intended to support economic growth.

In the first half of the day, market participants will be watching the release of the French Consumer Price Index and Eurozone industrial production data for August. The European Central Bank will carefully analyze these reports to gauge inflation pressure and the trajectory of regional economic growth.

France's Consumer Price Index, a key inflation metric, will show how effectively the country is managing rising prices. Higher-than-expected figures could signal accelerating inflation, although many economists are forecasting a decline in price pressure.

Industrial production data for the Eurozone is also important. It reflects the health of the manufacturing sector, which is a key driver of economic growth. A decline in production could suggest an economic slowdown, potentially prompting the ECB to consider renewed stimulus measures.

As for the pound, no UK economic reports are scheduled for today. However, speeches are expected from Sir David Ramsden, Deputy Governor for Markets and Banking at the Bank of England, and Sarah Breeden, member of the Financial Policy Committee. Ramsden's remarks will be particularly important in the context of current market volatility and ongoing inflation-related concerns. He is expected to give an update on the UK banking sector, credit risks, and the BoE's actions to maintain financial stability. Sarah Breeden will likely focus on broader macroeconomic risks.

If incoming data aligns with economists' forecasts, it is best to apply a Mean Reversion strategy. If the data significantly exceeds or falls short of expectations, a Momentum strategy is more appropriate.

Momentum Strategy (Breakout-Based):

EUR/USD

• Buy on a breakout above 1.1627 with targets at 1.1661 and 1.1691
• Sell on a breakout below 1.1600 with targets at 1.1575 and 1.1545

GBP/USD

• Buy on a breakout above 1.3360 with targets at 1.3390 and 1.3424
• Sell on a breakout below 1.3325 with targets at 1.3290 and 1.3265

USD/JPY

• Buy on a breakout above 151.35 with targets at 151.75 and 152.10
• Sell on a breakout below 151.00 with targets at 150.65 and 150.35

Mean Reversion Strategy (Reversal-Based):

EUR/USD

• Look for selling opportunities after a failed breakout above 1.1643, on a return below this level
• Look for buying opportunities after a failed breakout below 1.1605, on a return to this level

GBP/USD

• Look for selling opportunities after a failed breakout above 1.3371, on a return below this level
• Look for buying opportunities after a failed breakout below 1.3319, on a return to this level

AUD/USD

• Look for selling opportunities after a failed breakout above 0.6535, on a return below this level
• Look for buying opportunities after a failed breakout below 0.6495, on a return to this level

USD/CAD

• Look for selling opportunities after a failed breakout above 1.4050, on a return below this level
• Look for buying opportunities after a failed breakout below 1.4024, on a return to this level

The material has been provided by InstaForex Company - www.instaforex.com.

What to Watch on October 15: Fundamental Event Overview for Beginners

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Macroeconomic Report Analysis:

Very few macroeconomic reports are scheduled for Wednesday. The only notable report is industrial production in the Eurozone, which is once again unlikely to impress traders with a strong result. However, expectations for this indicator are already quite low, so exceeding them may be relatively easy. No other significant reports are expected throughout the day.

Fundamental Event Overview:

Several fundamental events are scheduled for Wednesday, but several important points should be noted straight away. Jerome Powell and Christine Lagarde have both spoken frequently in recent weeks. As a result, the market now has a clear understanding of what to expect from the European Central Bank and the Federal Reserve in the near term. The U.S. government shutdown continues, meaning key macroeconomic indicators are not being published. Without new data, Fed officials have little basis to alter their communication or policy stance. The ECB has likely concluded its monetary policy easing cycle, as it has successfully brought inflation down to its target level. The Bank of England is also likely to enter a prolonged pause in its easing cycle, as inflation in the UK currently exceeds the target by nearly twofold. Therefore, no significant policy shifts or major announcements are expected from central bank officials at this time.

General Conclusions:

On the third trading day of the week, both EUR/USD and GBP/USD may continue to move erratically and illogically. So far, we have observed declines in both pairs that are difficult to explain from a fundamental perspective. Today, the euro may resume growth and target the 1.1655–1.1666 area, as it has now consolidated above the 1.1571–1.1584 zone. The British pound may also continue its recovery after consolidating above the trendline and the 1.3329–1.3331 resistance area, aiming for the 1.3413–1.3421 target zone.

Core Trading System Rules:

1. Signal strength is based on how quickly a clear signal forms—a bounce or breakout. The faster the formation, the stronger the signal.
2. If a level has produced two or more false signals recently, ignore future signals from that level.
3. In a sideways (flat) market, many false signals may occur—or none at all. It's best to stop trading if a flat pattern becomes evident.
4. Trades should be opened between the start of the European trading session and the middle of the U.S. session. All trades should be closed manually afterward.
5. Trades on the hourly timeframe using MACD signals should only be made when there's good volatility and trend confirmation via trendlines or channels.
6. If two levels are within 5 to 20 pips of one another, they should be treated as a single support/resistance area.
7. Once the price moves 15-20 pips in the right direction, stop loss should be moved to breakeven.

Chart Elements:

• Support and resistance levels (targets for buy/sell trades, suitable for setting Take Profit)
• Red lines: trendlines or channels indicating the current trend or directional bias
• MACD (14,22,3) histogram and signal line — used as a supplemental signal generator

Important Note:

Major speeches and reports (always listed in the news calendar) can have a significant impact on currency pair movements. During such events, it is best to trade with maximum caution or exit the market entirely to avoid getting caught in sharp price reversals.

Beginner traders should remember:

Not every trade will be profitable. Developing a sound strategy and utilizing proper money management are key to success over the long run.

The material has been provided by InstaForex Company - www.instaforex.com.