USDT sell-off briefly breathed life into Bitcoin (BTC)
The beginning of the week for crypto investors was unexpectedly positive: Bitcoin (BTC) and other digital currencies rose sharply by 10% or more.

One of the possible reasons for the sharp growth was Tether (USDT) sale-off on Bitfinex crypto exchange, OKEx and Huobi also intensified downward pressure, as these exchanges are also actively using USDT. As a result, its rate fell by almost 6% to $0.94.

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American markets had an impressive rally on Tuesday, triggering the growth of S&P500 and DJI indices by 2.2% during the day.

Netflix could become next hero of the day. Its shares add 12% on premarket after strong quarterly report.

Strong reporting has returned optimism to markets
Regular statistics from the United States also managed to maintain a positive attitude.

American markets had an impressive rally on Tuesday, triggering the growth of #SP500 and #DJI indices.

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Wave Analysis: Natural Gas (#NTG) is expected to rise further and re-test the next strong resistance level 3.350. Read more

Wave Analysis: #AUDNZD is expected to fall further and re-test the next support level 1.0777. Read more

Dollar has returned to growth on unanimity of Fed at rates

The dollar index rose to 10-day highs at the 95.42 level, as the Minutes updated the market momentum to buy the U.S. currency. Formally, there is nothing new in the current policy bias for the markets, as the Fed chairman voiced this position during a press conference in late September after the increase in rates, which led to a 2% increase of the U.S. currency the following week.

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Wave Analysis: #EURAUD is expected to fall further and re-test the next strong support level 1.6000. Read more

Wave Analysis: Copper (#CUU) is expected to fall further and re-test the next strong support level 271.00. Read more

Official statistics noted the slowdown of growth in the third quarter to 6.5% yoy, which is the lowest level since 2009, when the economy was suppressed by the global financial crisis.

In the American market, high-tech #Nasdaq lost over 2% on Thursday, #SP500 fell by 1.4%, and bond yields continued to rise amid the Fed's willingness to tighten its policy

Stocks are declining, but faith in growth persists
The most recent market leaders feel the worst in these conditions – IT sector shares, where we see maintaining the bias for taking profit.

At the same time, it should be noted that despite the growth of volatility, it is still very early to talk about the risks of a deep decline.

Both key American indices find support near their 200-day averages.

This is a piece of evidence that the principled belief in growth persists despite the heightened caution.

Moreover, closer look at Chinese data tell up about change growth engine rather than "hard lending"
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In the end of the next week the downward resistance will cross the support line. Technically, the markets will have to make their choice

The world's largest holding company Fidelity Investments, with $7.3 trillion of assets under management. Goldman and other investment banks have similar plans. The intentions of such giants are difficult to overestimate.

However, the strategy of large capital is unknown to anyone and usually everything happens against the expectations of the masses, therefore, it is necessary to speak about estimated growth with a high caution.

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Wave Analysis: Natural Gas (#NTG) is expected to fall further and re-test the next pivotal support level 3.100. Read more

Wave Analysis: #GBPNZD is expected to fall further and re-test the next strong support level 1.9600. Read more

Chinese indices add almost 4% in the morning, developing a rebound of the last Friday on hopes for stimulus.

At the end of last week, we saw a slowdown in the growth of the Chinese economy to a slowest pace since 2009. At the weekend, the representatives of the Central Bank and various commissions announced that they had been preparing a relief to support the economy.

President Xi Jinping also announced the forthcoming measures to support the country's private sector. Large-scale support for growth is another parallel to the current situation and that in 2009.

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Wave Analysis: Palladium (#PDU) is expected to rise further and re-test the next multi-month resistance level 1130.00. Read more

Wave Analysis: #EURGBP is expected to rise further and re-test the next strong resistance level 0.8850. Read more

Alertness quickly returned to the world markets. American stocks failed to support the positive sentiment of Asian markets overnight. As a result, #SP500 lost 0.4%. At Asian session, the futures for this index has lost another 0.8% this morning, returning to the area of monthly lows and decreasing for the fifth trading session in a row.

The American exchanges are concerned about the prospects of companies' incomes. A strong start of a reporting season was not supported, and companies are demonstrating a slowdown in growth, causing questions about their prospects.

Increased pressure on the equity markets supports the demand for the dollar as a defensive asset. In addition, the Japanese yen also turned to growth, reflecting the investors’ withdrawal from risky assets in Asia.

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