AUD/USD defies gravity; focus is back to 0.7000
AUD/USD has maintained its bid bias around 0.6970 ahead of the opening bell in Asia on Tuesday. The pair has added to Friday’s rebound, retargeting the 0.7000 hurdle despite another day of firm gains in the Greenback. Looking ahead, Westpac will publish its Consumer Confidence gauge on the domestic calendar.
EUR/USD stays under pressure near 1.1200
EUR/USD has rapidly forgotten about Friday’s bullish attempt, refocusing on the downside and receding to the vicinity of the 1.1150 region, or 17-month lows, earlier in the day. The solid performance of the US Dollar along with fresh fiscal concerns in France has kept spot under scrutiny at the beginning of the week.
Gold treads water around $4,150
Gold now regains some composure and approaches the $4,150 mark per troy ounce late on Monday. The precious metal’s vacillating price action comes in response to the persistent advance in the US Dollar in combination with the resurgence of the upside momentum in US Treasury yields across the curve.
Bitcoin and Gold Outlook: BTC slips, XAU downtrend persists as US Services PMI misses forecasts
DEEPER DIVE
Eurozone inflation just hit 3.8%, its highest in three years. This chart shows why the ECB can’t simply hike its way out
The ECB would normally have a relatively straightforward answer to inflation running almost twice its target: raise interest rates. But these are not normal circumstances. This time, the bond market is already doing part of the tightening for it, leaving the ECB facing an increasingly difficult dilemma.
Eurozone inflation just hit 3.8%, its highest in three years. This chart shows why the ECB can’t simply hike its way out
Why the RBI is trapped — and why a rate hike could make the Indian Rupee weaker
The Indian Rupee (INR) is under renewed pressure as oil prices hover around $100 a barrel and US yields rise.
CRYPTOCURRENCIES
Ripple seeks higher support amid cooling on-chain activity and ETF demand
Ripple (XRP) is trading above $1.50 on Monday, as bulls struggle to sustain recovery. Despite the sideways price action between support at $1.45 and supply at $1.60, XRP remains supported by uptrending major moving averages and key momentum indicators.
Crypto Today: Bitcoin rally slows while Ethereum and XRP extend recovery amid slowing ETF inflows
Bitcoin is narrowly consolidating while trading above $86,000 at the time of writing on Monday. Altcoins, on the other hand, show a positive outlook, with Ethereum edging higher above $2,700 while Ripple steadies above $1.52.
AI Tokens Price Prediction: Capital rotation fuels FET, VIRTUAL, and NEAR rallies
AI tokens, including Artificial Superintelligence Alliance, Virtuals Protocol, and NEAR Protocol, are leading gains over the last 24 hours. This suggests a rotation of capital from previously favored DeFi tokens into AI tokens.
STOCKS
Tesla Elliott Wave analysis: Bulls attempt to regain control
Nasdaq 100 rebound looks strong… or is it just a trap?
The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.
WEEKLY FORECAST
EUR/USD: EU inflation outpaces US price growth as ECB, Fed meetings loom
France’s 10-year yield hits highest since 2002: This chart shows the market losing faith
Gold: Precious metal extends slide but safe-haven flows limit losses
Bitcoin: Is BTC setting up for an Uptober rally?
US Dollar: Rally faces next test as inflation retakes centre stage
Week ahead – Fed minutes in the spotlight amid bond market rout
Energy crisis and soaring bond yields to stay in driver’s seat in quiet week. Fed minutes eyed after drop in October rate hike bets. ISM services PMI and Treasury auctions to be watched too. Canadian employment, Japanese wages and ECB minutes also on tap.
EDUCATION
How economic uncertainty changes bullion buying patterns across generations
When the economy becomes uncertain, investors react differently depending on their goals and circumstances. But, generally, periods of high inflation, market volatility, or geopolitical tension push investors to look beyond traditional assets for ways to diversify and manage uncertainty.
![You’re watching pre-market levels wrong [Video]](https://editorial.fxsstatic.com/images/i/Fear-2_Medium.png)
You’re watching pre-market levels wrong [Video]
If you trade NQ, you’ve probably been told to watch the pre-market high and pre-market low. That part is easy. The harder question is: what are you actually supposed to do when price gets there? Most traders react too quickly, and that’s usually where the trouble starts.
PRESS RELEASES
Elev8 broker's Charity October: seeing new opportunities together
This October, the global broker Elev8 is running Charity October, a social initiative that supports underprivileged schoolchildren in Bangladesh.
"The turnout was beyond what we imagined," says Olympus Capital CEO Ashmeet Arora after Forex Expo Dubai 2026
Brokerage wraps two days at the record breaking event with copy trading demonstrations, partner meetings and on site activities.
Elev8 received 'Top Client Funds Protection Broker' at Forex Expo Dubai 2026
The global broker Elev8's partner program received a 'Top Client Funds Protection Broker' award at the Forex Expo Dubai 2026.