📉 After Bitcoin’s drop, is this a correction and a buying opportunity — or the start of a major decline?
BTCUSD recently dropped from its all-time high near $123,000 down to the current level around $115,000.
🔍 The chart shows Bitcoin is moving within a narrow upward channel, approaching a strong support zone — the same level that previously acted as resistance.
❓ What’s your take:
Will it continue dropping and break this support?
Or is this zone the launchpad for a new rally?
BTCUSD recently dropped from its all-time high near $123,000 down to the current level around $115,000.
🔍 The chart shows Bitcoin is moving within a narrow upward channel, approaching a strong support zone — the same level that previously acted as resistance.
❓ What’s your take:
Will it continue dropping and break this support?
Or is this zone the launchpad for a new rally?
What’s your favorite trading tool?
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⏳ Patience Pays: Wait for the Right Moment
Trading isn’t about doing more — it’s about doing better.
And sometimes… the best move is no move at all.
Here’s why patience makes you a smarter trader:
1. Not every moment is a good trade
📉 The market is always moving — but that doesn’t mean you should always jump in.
Wait for a clean setup. Let the chart invite you in.
2. Rushing leads to regret
🚫 Entering early out of FOMO usually ends with:
“Why did I do that?”
Trust your strategy — not the urge.
3. Use timeframes wisely
🕒 Zoom out. A bigger picture often reveals the real direction.
Patience helps you avoid noise and catch better entries.
4. Waiting = power
🧠 Sitting on your hands takes more skill than clicking buttons.
Great traders aren’t fast — they’re selective.
The best trades don’t come from being busy — they come from being patient.
Breathe. Observe. Strike only when the moment is right.
Your edge is your discipline.
Trading isn’t about doing more — it’s about doing better.
And sometimes… the best move is no move at all.
Here’s why patience makes you a smarter trader:
1. Not every moment is a good trade
📉 The market is always moving — but that doesn’t mean you should always jump in.
Wait for a clean setup. Let the chart invite you in.
2. Rushing leads to regret
🚫 Entering early out of FOMO usually ends with:
“Why did I do that?”
Trust your strategy — not the urge.
3. Use timeframes wisely
🕒 Zoom out. A bigger picture often reveals the real direction.
Patience helps you avoid noise and catch better entries.
4. Waiting = power
🧠 Sitting on your hands takes more skill than clicking buttons.
Great traders aren’t fast — they’re selective.
The best trades don’t come from being busy — they come from being patient.
Breathe. Observe. Strike only when the moment is right.
Your edge is your discipline.
It has been a solid start to Q2 earnings, with financials setting the tone. 📈
The focus will now shift to technology giants, as following the July 23 results from Alphabet, investors will closely scrutinize earnings from Microsoft, Meta and Apple. 💻
Their earnings outlook, AI investments (Microsoft, Meta) and iPhone demand trends (Apple) could further fuel the ongoing bullish trend in both the US 500 and US 100 indices, which continue to post all-time highs almost daily. 🚀
Notably, Visa and Mastercard earnings could offer valuable information on consumers' spending power and their reliance on borrowing. 💳
Stay ahead of the markets. Get more earnings insights here: https://tlt.ink/xmbro
#XM #XMIndia #Earnings
The focus will now shift to technology giants, as following the July 23 results from Alphabet, investors will closely scrutinize earnings from Microsoft, Meta and Apple. 💻
Their earnings outlook, AI investments (Microsoft, Meta) and iPhone demand trends (Apple) could further fuel the ongoing bullish trend in both the US 500 and US 100 indices, which continue to post all-time highs almost daily. 🚀
Notably, Visa and Mastercard earnings could offer valuable information on consumers' spending power and their reliance on borrowing. 💳
Stay ahead of the markets. Get more earnings insights here: https://tlt.ink/xmbro
#XM #XMIndia #Earnings
#Ethereum has extended its winning streak for the 6th consecutive week, now approaching the key $4,000 psychological resistance level, as shown in the chart.
📊 Meanwhile, the Stochastic indicator is hovering in the overbought zone, setting the stage for two possible scenarios:
🔹 Scenario 1: Bullish continuation with a breakout above resistance — a move that could pave the way for new highs.
🔹 Scenario 2: A bearish pullback triggered by profit-taking near this crucial level.
📊 Meanwhile, the Stochastic indicator is hovering in the overbought zone, setting the stage for two possible scenarios:
🔹 Scenario 1: Bullish continuation with a breakout above resistance — a move that could pave the way for new highs.
🔹 Scenario 2: A bearish pullback triggered by profit-taking near this crucial level.
📊 Gold continues declining amid new trade deal
Gold (XAU) ended the week under the key $3,360 level, declining by 1.3%. XAUUSD recorded a third consecutive day of losses as newly announced U.S.–EU trade deals reduced demand for safe-haven assets.
👉 Possible effects for traders
The U.S.–EU trade agreement includes a 15% tariff on EU exports to the U.S., avoiding a steeper 30% levy. The agreement also includes EU commitments to invest billions of U.S. dollars in U.S. industry. The deal mirrors key parts of the recent U.S. trade agreement with Japan. The tariff deal has eased fears of a broader trade war, reducing gold's appeal as a safe-haven asset. A stronger U.S. dollar added to the downward pressure on gold prices, making gold more expensive for foreign buyers.
Meanwhile, investors are bracing for an eventful week ahead, featuring a Federal Reserve (Fed) policy meeting and a slew of economic data releases. The Fed is widely expected to keep rates unchanged, but investors will closely watch for any hints of a potential rate cut in September. Attention will also turn to key labour market indicators, including JOLTS, ADP employment, and the nonfarm payroll reports.
Despite the recent dip, gold remains up by approximately 30% year-to-date, reflecting strong long-term performance driven by geopolitical instability, though short-term trade optimism has caused a pullback. Key technical levels to watch are resistance at $3,360 and support along the trend line formed by higher lows since early July. If XAUUSD holds the trendline, the rebound towards $3,360 and a larger timeframe uptrend continuation are possible. Otherwise, a steep sell-off is likely as investors could rush out of the failing uptrend to cover their profits.
Gold (XAU) ended the week under the key $3,360 level, declining by 1.3%. XAUUSD recorded a third consecutive day of losses as newly announced U.S.–EU trade deals reduced demand for safe-haven assets.
👉 Possible effects for traders
The U.S.–EU trade agreement includes a 15% tariff on EU exports to the U.S., avoiding a steeper 30% levy. The agreement also includes EU commitments to invest billions of U.S. dollars in U.S. industry. The deal mirrors key parts of the recent U.S. trade agreement with Japan. The tariff deal has eased fears of a broader trade war, reducing gold's appeal as a safe-haven asset. A stronger U.S. dollar added to the downward pressure on gold prices, making gold more expensive for foreign buyers.
Meanwhile, investors are bracing for an eventful week ahead, featuring a Federal Reserve (Fed) policy meeting and a slew of economic data releases. The Fed is widely expected to keep rates unchanged, but investors will closely watch for any hints of a potential rate cut in September. Attention will also turn to key labour market indicators, including JOLTS, ADP employment, and the nonfarm payroll reports.
Despite the recent dip, gold remains up by approximately 30% year-to-date, reflecting strong long-term performance driven by geopolitical instability, though short-term trade optimism has caused a pullback. Key technical levels to watch are resistance at $3,360 and support along the trend line formed by higher lows since early July. If XAUUSD holds the trendline, the rebound towards $3,360 and a larger timeframe uptrend continuation are possible. Otherwise, a steep sell-off is likely as investors could rush out of the failing uptrend to cover their profits.
Chart: GBPJPY, Daily
GBPJPY consolidated within a tight range slightly above the ascending trendline, indicating neutral momentum while awaiting a clear breakout.
If GBPJPY breaches above 199.50, the price could gain upward momentum toward the next resistance at 201.40, confluence with the 78.6% Fibonacci Extension.
Conversely, a break below the ascending trendline and EMA21 could prompt a decline to the following support at 196.00, confluence with EMA78.
GBPJPY consolidated within a tight range slightly above the ascending trendline, indicating neutral momentum while awaiting a clear breakout.
If GBPJPY breaches above 199.50, the price could gain upward momentum toward the next resistance at 201.40, confluence with the 78.6% Fibonacci Extension.
Conversely, a break below the ascending trendline and EMA21 could prompt a decline to the following support at 196.00, confluence with EMA78.
📊Euro under pressure after trade deal reassessed
The euro (EUR) fell by 1.4% on Monday, the sharpest one-day drop in over two months, on worries about growth and the negative impact of the recent trade deal.
👉 Possible effects for traders
The euro suffered steep losses as investors digested information that the trade deal between the EU and the U.S. favoured the latter and hardly lifted the eurozone's economic outlook. France called the trade agreement a 'dark day' for Europe, saying the EU had caved in to the U.S. President Donald Trump with an unbalanced deal that slapped a headline 15% tariff on EU goods. German Chancellor Friedrich Merz said his economy would suffer significant damage due to the agreed tariffs.
Meanwhile, the U.S. dollar (USD) strengthened and climbed by 1% against a basket of currencies overnight. The key factors affecting USD are ongoing U.S.–China trade talks in Stockholm and the Federal Reserve (Fed) interest rate decision due on Wednesday.
Apart from the ongoing U.S.–China negotiations, the Fed's monetary policy meeting is the main event of the week. The market expects the Fed to leave the interest rate unchanged but price in a rate cut in September. Traders will also watch the officials' comments to get more clues on the U.S. interest rate path.
Sign Up Now ➡️https://bit.ly/attocta
The euro (EUR) fell by 1.4% on Monday, the sharpest one-day drop in over two months, on worries about growth and the negative impact of the recent trade deal.
👉 Possible effects for traders
The euro suffered steep losses as investors digested information that the trade deal between the EU and the U.S. favoured the latter and hardly lifted the eurozone's economic outlook. France called the trade agreement a 'dark day' for Europe, saying the EU had caved in to the U.S. President Donald Trump with an unbalanced deal that slapped a headline 15% tariff on EU goods. German Chancellor Friedrich Merz said his economy would suffer significant damage due to the agreed tariffs.
Meanwhile, the U.S. dollar (USD) strengthened and climbed by 1% against a basket of currencies overnight. The key factors affecting USD are ongoing U.S.–China trade talks in Stockholm and the Federal Reserve (Fed) interest rate decision due on Wednesday.
Apart from the ongoing U.S.–China negotiations, the Fed's monetary policy meeting is the main event of the week. The market expects the Fed to leave the interest rate unchanged but price in a rate cut in September. Traders will also watch the officials' comments to get more clues on the U.S. interest rate path.
Sign Up Now ➡️https://bit.ly/attocta
GBPJPY consolidated within a tight range slightly above the ascending trendline, indicating neutral momentum while awaiting a clear breakout.
If GBPJPY breaches above 199.50, the price could gain upward momentum toward the next resistance at 201.40, confluence with the 78.6% Fibonacci Extension.
Conversely, a break below the ascending trendline and EMA21 could prompt a decline to the following support at 196.00, confluence with EMA78.
If GBPJPY breaches above 199.50, the price could gain upward momentum toward the next resistance at 201.40, confluence with the 78.6% Fibonacci Extension.
Conversely, a break below the ascending trendline and EMA21 could prompt a decline to the following support at 196.00, confluence with EMA78.
Prepare for the week ahead with our financial calendar. Make the most of your trading opportunities with ExpertOption!
Trade Now: https://bit.ly/attexpertoption
Trade Now: https://bit.ly/attexpertoption
Financial markets are on high alert today as a series of important economic events loom large, starting with:
🕐 12:15 GMT – ADP Non-Farm Employment Change, offering early insight into the U.S. job market.
🏦 13:45 GMT – Bank of Canada’s overnight rate decision, with potential sharp moves for the CAD.
🔥 The Main Event at 18:00 GMT – The US Federal Reserve’s interest rate decision, a market-mover with the power to shift global sentiment.
⚠️ With such high-impact data lined up, volatility is expected to spike, possibly leading to unpredictable trading swings.
🕐 12:15 GMT – ADP Non-Farm Employment Change, offering early insight into the U.S. job market.
🏦 13:45 GMT – Bank of Canada’s overnight rate decision, with potential sharp moves for the CAD.
🔥 The Main Event at 18:00 GMT – The US Federal Reserve’s interest rate decision, a market-mover with the power to shift global sentiment.
⚠️ With such high-impact data lined up, volatility is expected to spike, possibly leading to unpredictable trading swings.