NEAR Protocol Wave Analysis – 29 October 2026

NEAR Protocol: ⬆️ Buy

– NEAR Protocol reversed from support level 4.340

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EURUSD Wave Analysis – 29 October 2026

– EURUSD reversed from key support level 1.1120

– Likely to rise to resistance level 1.1260

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Palladium Wave Analysis – 29 October 2026

– Palladium broke support level 1030.00

– Likely to fall to support level 950.00

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Market Sentiment for October 29, 2026

Bitcoin has failed to break through resistance, whereas BNB is gaining ground

The crypto market has returned to the region of local lows, with a market capitalisation of $2.67T. Cryptocurrencies failed to mount a rally as stock indices resumed their downward trend, with markets pricing in a slightly higher probability of interest rate rises over the coming year and growing concerns about corporate earnings following a 10% slump in Alphabet shares. The decline in altcoins over the past day was widespread. BNB (+0.6%), Tron (+0.02%) and Litecoin (−0.7%) outperformed the market, while the three worst-performing coins were Basic Attention Token (−9.5%), Near Protocol (−8.3%) and Dash (−7.4%).

On Wednesday, Bitcoin encountered resistance at its 50-day moving average, reversing lower from the $81.7K region and retreating to $79.9K at the time of writing. This marks yet another test of support within the very narrow trading range in which BTC has found itself. Given the close correlation between cryptocurrencies and the Nasdaq-100, the greatest risk today is a decline in the price of the leading cryptocurrency toward $75K, as the bears have demonstrated their strength in curbing the uptrend.

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⚠️ USA — Gross Domestic Product at 12:30 GMT

✔️ Prev: 2.2%

🕒 Exp: 3.2%

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⚠️ USA — Core PCE Price Index at 12:30 GMT

✔️ Prev: 0.2% | 3.0%

🕒 Exp: 0.3% | 3.1%

▶️ Nat Gas. Triangle completed?

Today is Thursday, October 29th, and we’re going to talk about the gas market, where a multi-year triangle has most likely been completed. Let’s look at the daily chart. You can see this large triangle that began forming back in 2020. Note that wave E has probably been completed within it.

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🇺🇸 Pre-market trading trends on the US stock market

📈 Pre-market trading in the US stock market is mixed, with a moderate upward bias: the largest companies by market capitalisation across sectors are mostly posting gains, despite sharp declines in individual stocks.

In the Information Technology sector, NVIDIA (NVDA) is down 0.67%, while Apple (AAPL) is up 1.22%.

In the Financials sector, Berkshire Hathaway (BRK.B) is up 1.29%, while JPMorgan Chase (JPM) is up 1.22%.

In the Health Care sector, Eli Lilly (LLY) is up 4.94%, while Johnson & Johnson (JNJ) is up 2.17%.

Given that a significant proportion of mega-caps are trading in positive territory, the market environment is closer to a risk-on mode: interest in risky assets is heightened, while demand for the dollar as a safe-haven asset remains subdued.

In the short term, this creates a neutral backdrop for the dollar, shifting investors’ focus toward Treasury yield dynamics.

⚠️ EU — ECB Interest Rate Decision at 13:15 GMT

✔️ Prev: 2.65%

🕒 Exp: 2.65%

The ECB, the Bank of Japan and the Fed prefer to wait until December

Signals from the Bank of Japan about a December rate hike will favour the bears on USDJPY.

The ECB is likely to follow the Fed’s lead and adopt a cautious stance.

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⚠️ EU — ECB Press Conference at 13:45 GMT

⚠️ Japan — Overnight Call Rate at 03:00 GMT

✔️ Prev: 1.25%

🕒 Exp: 1.25%

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⚠️ Japan — Monetary Policy Statement at 03:00 GMT

🗓 Economic Calendar at 2026/10/31 (GMT)

08:55 🇩🇪 Unemployment Change — Exp: 5K Actual: 4K

08:55 🇩🇪 Unemployment Rate — Exp: 6.4% Actual: 6.4%

09:00 🇩🇪 Gross Domestic Product — Exp: 0.1% | 1.1% Actual: 0.2% | 1.2%

10:00 🇪🇺 Gross Domestic Product — Exp: 0.2% | 1.1% Actual: 0.4% | 1.3%

12:30 🇨🇦 ⚡️ Gross Domestic Product — Exp: 0.2% Actual: 0.0% | 1.5%

12:30 🇺🇸 Employment Cost Index — Exp: 0.8% Actual: 0.8%

13:00 🇩🇪 Consumer Price Index — Exp: 0.1% Actual: -0.2% | 2.8%

13:00 🇩🇪 Consumer Price Index - EU Harmonised — Exp: 0.1% | 3.1% Actual: -0.1% | 2.8%

01:30 🇨🇳 Manufacturing PMI — Exp: 49.9

01:30 🇨🇳 Non-Manufacturing PMI — Exp: 50.0


[Updated in real time]

Nokia Wave Analysis – 30 October 2026

– Nokia reversed from support level 8.30

– Likely to rise to resistance level 10.00

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Silver Wave Analysis – 30 October 2026

– Silver broke key support level 55.00

– Likely to fall to support level 50.00

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Alphabet Wave Analysis – 30 October 2026

– Alphabet broke round support level 300.00

– Likely to fall to support level 270.00

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⚠️ Japan — BOJ Press Conference at 06:30 GMT

Market Sentiment for October 30, 2026

The impact of the Binance hack is unlikely to last long

The crypto market has fallen by 2.2% over the past 24 hours to $2.61T, having dipped to $2.57T at its lowest point, matching the lows seen on 16 September. The market is currently undergoing a crucial test of buyer sentiment. In theory, we could see a wave of sell-offs due to a reassessment of risks facing the sector. However, it is worth remembering that even the collapse of FTX at the end of 2022, an event on a larger scale than the recent Binance hack, dealt a short-lived blow, and the market stabilised within the following days.

Bitcoin fell below $76.5K early on Friday, hitting its lowest level in nearly 6 weeks amid the $6.3 billion Binance hack, the largest in history. Following reassuring comments from the exchange, the leading cryptocurrency rebounded to $78K, but external factors, such as sell-offs in big-tech shares and metals, are creating a negative backdrop, hindering any recovery. The technical picture also favours the bears, as the sell-off in BTC has intensified after a failed attempt to return to the 50-day MA. On the downside, the nearest support level appears to be $75K, from where a rebound occurred in the middle of last month. However, a slide down to $73.3K, near which the 200-day MA lies, cannot be ruled out.

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⚠️ Canada — Gross Domestic Product at 12:30 GMT

✔️ Prev: 0.0% | 1.4%

🕒 Exp: 0.2%