⚠️ Australia — RBA Governor Michele Bullock Speaks at 19:45 GMT

🗓 Economic Calendar at 2025/10/16 (GMT)

00:30 🇦🇺 ⚡️ Employment Change — Exp: 20.0K Actual: 14.9K

00:30 🇦🇺 ⚡️ Unemployment Rate — Exp: 4.3% Actual: 4.5%

00:30 🇦🇺 Part-Time Employment Change Actual: 8.7K | 6.3K

06:00 🇬🇧 ⚡️ Gross Domestic Product — Exp: 0.1% | 0.3% Actual: 0.1% | 0.3%

06:00 🇬🇧 Industrial Production — Exp: 0.2% | -0.6% Actual: 0.4% | -0.7%

06:00 🇬🇧 Manufacturing Production — Exp: 0.4% | -1.0% Actual: 0.7% | -0.8%

06:00 🇬🇧 Goods Trade Balance — Exp: -21.8B Actual: -21.2B

12:30 🇺🇸 Philly Fed Manufacturing Index — Exp: 8.6 Actual: -12.8

16:00 🇺🇸 Crude Oil Inventories — Exp: 300K Actual: 3524K

16:00 🇪🇺 ECB President Christine Lagarde Speaks

17:30 🇨🇦 ⚡️ BOC Governor Tiff Macklem Speaks


[Updated in real time]

⚠️ Australia — Employment Change at 03:00 GMT

✔️ Prev: -5.4K

🕒 Exp: 20.0K

🎯 Fact.: 14.9K 📉

———

⚠️ Australia — Unemployment Rate at 03:00 GMT

✔️ Prev: 4.3%

🕒 Exp: 4.3%

🎯 Fact.: 4.5% 📉

⚠️ UK — Gross Domestic Product at 03:00 GMT

✔️ Prev: 0.0% | 0.2%

🕒 Exp: 0.1% | 0.3%

🎯 Fact.: 0.1% | 0.3%

The crypto market tests the strength of its three-month support

The crypto market capitalisation lost 2.3% from the previous day's level to $3.75 trillion. The rebound on Sunday and Monday did not develop, and the 50-day moving average acted as local resistance. The market is again testing the strength of 3-month support near current levels. Such persistence from the bears suggests that the next stage will be a test of the 200-day average, which passes through $3.5 trillion. The market broke above this line in May; touching it at the end of July triggered strong buying.

Bitcoin is trading above $110K, as is the entire market, approaching the support level of the last three months. Several facts reinforce the importance of the current moment: BTC is trading near a crucial milestone, which was also the resistance area in the first half of the year, and the 200-day moving average is approaching this level, currently at $107.4K but heading towards $109K by the end of the month.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🇺🇸 US pre-market

📈The US stocks show mostly positive dynamics before the regular session opens.

In the Electronic Technology sector, NVIDIA (NVDA) shares are up +1.53%, while Cisco (CSCO) is up +0.29%.

In the Financials sector, JPMorgan Chase (JPM) shares are up +0.40%, while Berkshire Hathaway (BRK.B) is down slightly at -0.09%.

In the Technology Services sector, Google (GOOGL) is up +0.80%, while Microsoft (MSFT) is up +0.30%.

The growth of key large-cap companies is contributing to investment inflows and supporting the strengthening of the dollar thanks to the dominance of optimistic sentiment in the market.

▶️ Silver. On the verge of correction #tradelikeapro #trading #silver #trandingshorts

Today is Thursday, October 16th. We will talk about the silver market. It is quite an interesting market at the moment. #tradelikeapro #trading #silver #trandingshorts

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

⚠️ Canada — BOC Governor Tiff Macklem Speaks at 17:30 GMT

USDCHF Wave Analysis – 16 October 2025

- USDCHF reversed from resistance zone

- Likely to fall to support level 0.7865

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Bank of America Wave Analysis – 16 October 2025

Bank of America: ⬇️ Sell

- Bank of America reversed from resistance zone

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

CADCHF Wave Analysis – 16 October 2025

- CADCHF broke support level 0.5700

- Likely to fall to support level 0.5600

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Stellar Wave Analysis – 16 October 2025

- Stellar reversed from strong resistance level 0.3515

- Likely to fall to support level 0.3000

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

The crypto is updating its three-month lows

The crypto market resumed its decline on Friday, falling 5% in 24 hours to $3.57 trillion. This time, it looks more like a painful reflex after the events of a week ago. But this is an even more dangerous dynamic because we are not seeing a slip in a thin market, but rather a massive sell-off in search of a new bottom. We will closely monitor market dynamics at the 200-day moving average of $3.50 trillion, where there could be a sharp rebound at the end of June or a further decline in March.

Bitcoin fell below $106K. The last time the price consistently exceeded current levels was in early July. The first cryptocurrency plunged below the 200-day moving average. Over the past couple of years, fixing below it triggered a sideways movement for several weeks before the market was able to find solid ground.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

US-China trade conflict bringing back Sell-America trade

The escalation of the trade conflict between the US and China brought the American dollar back down. Beijing has tightened export controls on rare earth minerals, restricted imports of soybeans from the United States, and effectively banned its companies from doing business with the American division of South Korean shipping giant Hanwha Ocean. Donald Trump threatened to raise tariffs by 100% and to stop buying vegetable oil from China.

The trade war increases the likelihood of a slowdown in the US economy and forces the Fed to continue its cycle of monetary expansion. In the futures market, there is a growing chance that the Fed’s funds rate will be cut by 50 basis points in October or December. Jerome Powell believes that sooner or later, unemployment will rise. Christopher Waller predicts a decline in employment and said the labour market is weak.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Palladium Wave Analysis – 17 October 2025

- Palladium reversed from long-term resistance level 1600.00

- Likely to fall to support level 1500.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

WTI crude oil Wave Analysis – 17 October 2025

WTI crude oil: ⬆️ Buy

- WTI crude oil reversed from strong support level 56.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🇺🇸 US pre-market

📉 The US stock market is experiencing negative dynamics in pre-market trading.

In the Electronic Technology sector, NVIDIA (NVDA) shares are down -0.86%, while Broadcom (AVGO) is losing -0.71%.

In the Finance sector, Berkshire Hathaway (BRK.B) shares are up +0.09%, while VISA (V) is adding +0.48%.

In the Technology sector, Microsoft (MSFT) shares are down -0.32%, while META (META) is losing -0.29%.

The decline in the shares of large technology companies is putting pressure on the overall market sentiment and contributing to capital outflows, which in the short term could create conditions for a weakening of the dollar.

Gold Bulls have no choice but to push

Gold's rally to record highs above $4,300 per ounce resulted from a debasement trade. Governments cannot cope with budget deficits, are accumulating debt and demanding that central banks cut interest rates, as in the US, or keep them low, as in Japan. As a result, investors are losing confidence in government bonds and currencies. They are looking for alternatives and turning their attention to precious metals.

As a result, gold has been gaining for the last nine weeks, the fifth time in the history of free currency conversion since the 1970s. However, there has never been a 10-week consecutive growth period. The gap from the 200-week moving average also shows the excessiveness of the rally. The spot price at its peak exceeded this line by 90%. There has only been one larger gap once before, in 1980. At the very least, the market needs a technical respite. But historically, its beginning could be the start of a significant multi-year reversal. Now, we are on the side of the bears, but at the same time, we understand that the bulls simply have no choice but to push the price further up, as stopping would ruin the whole game.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost