USDJPY Wave Analysis – 23 October 2025

- USDJPY reversed from support area

- Likely to rise to resistance level 153.40

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EURGBP Wave Analysis – 23 October 2025

- EURGBP reversed from support area

- Likely to rise to resistance level 0.8735

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USDJPY Wave Analysis – 23 October 2025

- USDJPY reversed from support area

- Likely to rise to resistance level 153.40

——————
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EURGBP Wave Analysis – 23 October 2025

- EURGBP reversed from support area

- Likely to rise to resistance level 0.8735

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🗓 Economic Calendar at 2025/10/24 (GMT)

00:05 🇦🇺 RBA Governor Michele Bullock Speaks

06:00 🇬🇧 Retail Sales With Auto Fuel — Exp: -0.2% | 0.6% Actual: 0.5% | 1.5%

06:00 🇬🇧 Retail Sales Ex Auto Fuel — Exp: -0.6% | 0.7% Actual: 0.6% | 2.3%

07:15 🇫🇷 Manufacturing PMI — Exp: 48.2 Actual: 48.3

07:15 🇫🇷 Services PMI — Exp: 48.7 Actual: 47.1

07:15 🇫🇷 PMI Composite — Exp: 48.4 Actual: 46.8

07:30 🇩🇪 Manufacturing PMI — Exp: 49.5 Actual: 49.6

07:30 🇩🇪 Services PMI — Exp: 51.1 Actual: 54.5

07:30 🇩🇪 PMI Composite — Exp: 51.5 Actual: 53.8

08:00 🇪🇺 Manufacturing PMI — Exp: 49.8 Actual: 50.0

08:00 🇪🇺 Services PMI — Exp: 51.2 Actual: 52.6

08:00 🇪🇺 PMI Composite — Exp: 51.1 Actual: 52.2

08:30 🇬🇧 Manufacturing PMI — Exp: 46.6 Actual: 49.6

08:30 🇬🇧 Services PMI — Exp: 51.0 Actual: 51.1

08:30 🇬🇧 PMI Composite — Exp: 50.6 Actual: 51.1

10:30 🇷🇺 ⚡️ Key bank rate — Exp: 17% Actual: 16.5%

12:30 🇺🇸 ⚡️ Consumer Price Index — Exp: 0.4% | 3.1% Actual: 0.3% | 3.0%

12:30 🇺🇸 ⚡️ Core CPI — Exp: 0.3% | 3.1% Actual: 0.2% | 3.0%

13:45 🇺🇸 ⚡️ Manufacturing PMI — Exp: 51.9 Actual: 52.2

13:45 🇺🇸 ⚡️ Services PMI — Exp: 53.5 Actual: 55.2

13:45 🇺🇸 PMI Composite — Exp: 53.5 Actual: 54.8

14:00 🇺🇸 UoM Consumer Sentiment — Exp: 55.0 Actual: 53.6


[Updated in real time]

Tesla Wave Analysis – 23 October 2025

- Tesla reversed from support area

- Likely to rise to resistance level 467.30

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Verizon Wave Analysis – 23 October 2025

- Verizon falling inside sharp impulse wave 5

- Likely to reach support level 37.60

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The crypto market is recovering, but fears Friday

The crypto market capitalisation grew by 1.5% in 24 hours to $3.76 trillion. This is a return to the highs seen at the start of the week. A reversal below this level will be further confirmation of the formation of a sequence of declining local peaks. The last two Fridays have been bearish, so there is a risk that a reflex will form with increased selling before the weekend.

Bitcoin is trading near $111K, close to Thursday's intraday highs and Monday's downward reversal area. From a technical analysis perspective, BTCUSD remains trapped between the 200-day moving average below (around $108.5K) and the 50-day moving average above (just above $114K). A sustained breakout from this range could signal further movement in the direction of the breakout.

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⚠️ Russia — Key bank rate at 03:00 GMT

✔️ Prev: 17%

🕒 Exp: 17%

🎯 Fact.: 16.5% 📉

⚠️ USA — Consumer Price Index at 03:00 GMT

✔️ Prev: 0.4% | 2.9%

🕒 Exp: 0.4% | 3.1%

🎯 Fact.: 0.3% 📉 | 3.0% 📉

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⚠️ USA — Core CPI at 03:00 GMT

✔️ Prev: 0.3% | 3.1%

🕒 Exp: 0.3% | 3.1%

🎯 Fact.: 0.2% 📉 | 3.0% 📉

In a rare push, the dollar and indices both rise

A reassessment of the fate of the federal funds rate and the weakness of its main competitors has allowed the US dollar to rise. Since the Fed resumed its monetary easing cycle in September, the dollar index has increased by 3%. The greenback got help from the budget deadlock in France, the change of prime minister in Japan, and concerns about the British government's ability to plug budget holes. Investors are dumping the euro, yen, and pound because of these policies.

Markets have priced in five rate cuts in 2025 to 2026. The FOMC forecasts only three. At the same time, fears that the Fed will be proven right force investors to return to the US dollar. The acceleration of US inflation in September is unlikely to dissuade the central bank from cutting rates in October and December. However, it may then take a long pause. This supports the US currency.

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🇺🇸 US pre-market

📈Following inflation data, the US stock market premarket shows mostly positive dynamics.

In the Finance sector, JPMorgan Chase (JPM) shares are up +0.34%, while Goldman Sachs (GS) shares are up +0.83%.

In the electronics sector, Advanced Micro Devices (AMD) shares are up +3.50%, while Texas Instruments (TXN) shares are up +0.60%.

In the Technology Services sector, Google (GOOGL) shares are up +1.11%, while Palantir Technologies (PLTR) shares are up +1.40%.

The prevalence of growth in companies with the largest capitalisation and high activity in the technology segments may contribute to further capital attraction, supporting the dollar and creating a comfortable investment climate.

Ethereum Wave Analysis – 24 October 2025

- Ethereum reversed from support zone

- Likely to rise to resistance level 4095,00

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EURUSD Wave Analysis – 24 October 2025

- EURUSD reversed from support zone

- Likely to rise to resistance level 1.1740

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⚠️ USA — Manufacturing PMI at 03:00 GMT

✔️ Prev: 52.0

🕒 Exp: 51.9

🎯 Fact.: 52.2 📈

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⚠️ USA — Services PMI at 03:00 GMT

✔️ Prev: 54.2

🕒 Exp: 53.5

🎯 Fact.: 55.2 📈

The decline in gold has just begun

On Tuesday, gold experienced its most significant sell-off in 12 years. In dollar terms, Monday's intraday drop of $230 per ounce was the worst in history. Gold has never risen for more than nine consecutive weeks in history. This time was no exception. However, the price remained above $4,000, fuelling optimism among those who saw the collapse at the start of the week as an opportunity to join the further rally.

Bespoke Investment Group notes that in the 21st century, there have been only six cases when the precious metal fell by 3% or more in a single day. And in the following month, it lost an average of 18%.

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What is ahead: Fed Rate & Trump’s trip to Asia

In the last week of October, investors will be focused on US-China trade negotiations and news surrounding Donald Trump's visit to Asia. The main event on the economic calendar will be the Fed meeting.

The futures market gives a 97% probability of a cut in the federal funds rate. The chances of another cut in December are estimated at 93%. The Fed is ready to continue despite a lack of data due to the shutdown. However, accelerating inflation could increase the number of hawks. In addition, monetary conditions are very relaxed, and the leading indicator from the Atlanta Fed signals an acceleration of the economy to 3.9% in the third quarter. Is it worth lowering the rate in such conditions?

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Google Wave Analysis – 24 October 2025

- Google broke key resistance level 255.00

- Likely to rise to resistance level 270.00

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Nvidia Wave Analysis – 24 October 2025

- Nvidia reversed from support zone

- Likely to rise to resistance level 190.00

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