🇬🇧 If you zoom out on the weekly chart of $965275 (+0,35%) the price action is delivering a very clear and loud message. After a long distribution phase where buyers repeatedly failed to print higher highs, the bears have finally taken control of the macro narrative. The clean break below the key psychological and structural support line at 1.13850 shifts the entire market structure. In my opinion, this isn't just a temporary pullback; we are looking at the continuation of a strong bearish trend for the coming months.

Here is my detailed breakdown of the technical picture:

• The Breakdown: The weekly candle closing below that major horizontal level shows institutional selling pressure. This liquidity sweep confirms that the path of least resistance is now heavily skewed to the downside.
• The First Magnet (1.1000 Area): The first target is the upper FVG (Fair Value Gap). This area represents an old price imbalance where the market moved too quickly. Price acts like a magnet to these zones, and I expect a quick drop toward the 1.1000 psychological level to rebalance the order book.
• The Ultimate Target (1.0500 - 1.0750): If the momentum persists, the deeper and much wider FVG below will be the ultimate destination. This is a massive pool of unmitigated buy orders that the market left behind during the previous rally.

The structural setup is solid, and all clues point toward a complete rebalancing of these lower zones.

🇮🇹 Guardando il grafico weekly di $965275 (+0,35%) con una prospettiva di ampio respiro, la price action sta mandando un segnale direzionale chiarissimo. Dopo una prolungata fase di distribuzione in cui i compratori non sono mai riusciti a creare nuovi massimi relativi, i venditori hanno preso ufficialmente il controllo del trend macro. La rottura decisa del supporto chiave a quota 1.13850 non è un semplice ritracciamento, ma un vero e proprio cambio di struttura (Market Structure Shift). Per i primi mesi del futuro la mia visione rimane fortemente ribassista, con obiettivi short ben delineati.

Ecco la mia analisi dettagliata sui punti chiave del grafico:

• La Rottura Strutturale: La chiusura della candela settimanale sotto il livello orizzontale rosso conferma la pressione dei grandi capitali istituzionali. La liquidità sotto i minimi è stata presa e la strada ora è spianata verso il basso.
• Il Primo Target (Area 1.1000): Il prezzo si sta muovendo magneticamente verso il primo FVG (Fair Value Gap). Le inefficienze create dai vecchi movimenti impulsivi rialzisti devono essere ricolmate, e mi aspetto che la zona psicologica dell'1.1000 venga testata molto presto.
• Il Target Principale (1.0500 - 1.0750): Se il momentum dovesse rimanere così aggressivo, il vero obiettivo a lungo termine è il secondo FVG, decisamente più ampio. Lì si concentra una quantità enorme di ordini pendenti lasciati scoperti durante il rally precedente.

La struttura grafica parla chiaro e tutti gli indizi volumetrici portano verso una graduale discesa per andare a rimarginare queste aree di prezzo.

🇺🇸 USA

U.S. markets closed yesterday's session with mixed and predominantly negative sentiment as traders wait to see which direction the market will take next.

• $SPX500 — Closed slightly down (-0.15%), showing uncertainty after a volatile day.
• $DJ30 — The only index showing strength, it closed in positive territory (+0.45%), supported by industrial stocks.
• $NSDQ100 — Experienced a sharper decline (-0.76%), with tech stocks facing profit-taking.

💻 Tech Snapshot

• $AVGO (-0,92%) — In a clear downturn (-3.52%), the semiconductor sector appears to be under pressure.
• $AMZN (+0,18%) — Down (-1.66%), the stock is affected by the risk-averse climate in the tech sector.
• $META (-0,99%) — Closed essentially flat (+0.02%), showing relative strength compared to the sector.
• $MSFT (+0,01%) — Slight decline (-0.09%), in line with the general uncertainty in the tech space.
• $BABA (-2,31%) — In negative territory (-2.37%), hit by the sell-off in Chinese stocks listed on Wall Street.

🇪🇺 Europe (Closing data from 10/14 and today's open)

European stock exchanges closed weak yesterday, but today's futures point to a recovery at the open, following the positive wave from Asia.

• STOXX 600 — Finished yesterday down (-0.37%) with widespread selling.
• GER40 futures — Are moving in negative territory today (-1.05% in the last 24h), still reflecting yesterday's weakness but with potential for recovery at the open.

🏦 European & Italian Banks (Closing data from 10/14)

The banking sector showed weakness in the previous session.

• $$ISP (+1,31%) — Closed lower (-0.18%).
• $$BAMI (+1,21%) — In decline (-0.24%).
• $$BPE (+0,84%) — Negative performance (-0.27%).
• $$CE (+0,85%) — Was up on Friday, but today's data is awaited.
• $$BBVA (+1,03%) — Closed positive (+0.44%), bucking the trend seen in the Italian sector.

🌏 Asia (Today's closing data)

Asia is the true engine of the day, with a strong wave of buying improving global sentiment.

• $JPN225 — Closed with a strong gain (+1.82%), leading the region's optimism.
• $HK50 — Excellent performance, closing with a gain of +1.78%, driven by local tech stocks.

💱 Forex

• $965275 (+0,35%) — Stable around the 1.1620 area, with the dollar waiting for the next moves after yesterday's mixed data.

💰 Crypto (Today's data) The crypto sector is showing signs of weakness in the early hours of the day, moving against the trend of Asian equities.

• $BTC (-1,28%) — Trending down, trading below €97,000 after starting the day above this level. The performance in the last few hours is approximately -1.02%.
• $ETH (-1,21%) — Following Bitcoin's weakness with a similar trend.

🔎 Deep Dive: Asia Leads, the West Waits

Today's session is marked by a clear divergence between Asia and the West. While Asian markets, particularly Japan ($JPN225) and Hong Kong ($HK50), posted strong gains and fueled a positive global sentiment, European and American markets are coming off a session of weakness and uncertainty.

• Stock Markets: The optimism from Asia is positively influencing the European open. The real question is whether this momentum will be enough to reverse the negative trend seen on Wall Street yesterday, especially in the tech sector ($NSDQ100). All eyes are on the U.S. market open to see if the Asian risk-on sentiment will be sustained.
• Crypto Market: The crypto world seems disconnected from the positive equity sentiment today. The decline in Bitcoin and Ethereum suggests that crypto investors are proceeding with more caution, perhaps waiting for confirmation from Western markets before pushing higher. This period of weakness could present an interesting accumulation zone if the global sentiment continues to improve.

PS: The strong push from Asia is an encouraging sign. I am closely monitoring the European open to see if the rebound materializes. If Europe follows Asia, we could see a return of confidence in the U.S. as well. I'm holding my positions but remain ready to manage volatility.

⚠️ Disclaimer: Past performance is not an indication of future results. Investing involves risks, including the loss of capital.

With EUR/USD trading at 1.18, European investors are getting more bang for their buck—literally. A weaker dollar means U.S.-based assets like crypto and American stocks are effectively “on sale” for euro holders. That Tesla share or Ethereum token now costs less in euros than it did months ago, making it an opportune moment to increase exposure without overextending your capital.

For crypto traders, this can be a double win: cheaper entry in USD terms and potential upside if the dollar rebounds. Same goes for U.S. equities—especially tech stocks, which tend to benefit from international inflows during dollar dips.

But it’s not all upside. A weak dollar often signals economic uncertainty in the U.S., which can ripple through global markets. Plus, if the dollar strengthens later, your euro-based gains could shrink when converting back. Currency risk is real—and often overlooked.

Bottom line: a soft dollar opens doors, but only for those who manage FX risk wisely.

$965275 (+0,35%)
$VWRL (-0,52%)
$BTC (-1,28%)
$ETH (-1,21%)

🇺🇸 USA

$SPX500 slightly down (~–0.3%)

$DJ30 modestly higher

Tech snapshot:

• $NVDA (-1,02%) ~USD 175.40 (–0.14%)

•$AVGO (-0,92%) ~USD 291.17 (–1.28%)

🇪🇺 Europe

Markets cautious ahead of Powell’s Jackson Hole speech

$EUSTX50 futures ~–0.4%

$GER40 futures ~–0.3%

Selected Stocks:

• $RR. (+1,49%) (Rolls-Royce) ~1,035 GBp (+0.9%)

•$LDO (+3,38%) (Leonardo S.p.A.) ~€46.65 (+4.0%)

•$GOOGL (-1%) (Alphabet) ~USD 168.20 (+0.5%)

•$META (-0,99%) (Meta Platforms) ~USD 562.70 (+0.7%)

•$NVDA (-1,02%) A (NVIDIA) ~USD 175.40 (–0.14%)

• $AVGO (-0,92%) ~USD 291.17 (–1.28%)

🌏 Asia

Nikkei –0.6% — $JPN225

KOSPI +0.7%, Australia at record highs

China & Hong Kong flat

💱 Forex

$965275 (+0,35%) EUR/USD ~1.163 — $EURUSD (USD steady pre-Powell)

🥇 Gold (ETF GLD)

$GLD (+0,4%) ~ $304.80 (–0.2%) — gold softer, Jackson Hole in focus

🛢 Oil

$WTI ~ $79.50 (+0.8%) — boosted by lower US inventories

💰 Crypto

$BTC (-1,28%) ~113,735 (–0.1%)

$ETH (-1,21%) ~4,294 (+1.7%)

$TRX (-0,32%) ~0.354 (+1.4%)

🔎 Crypto Insight:

Bitcoin is stabilizing after testing recent lows, showing resilience above the $110k level. Ethereum rebounded with strength, holding above $4,200, while TRON continues its steady climb, attracting attention for its strong on-chain activity. Overall, crypto sentiment remains cautiously bullish despite broader market volatility.

👉 Follow for daily market insights and updates! - https://www.etoro.com/people/farlys

Currency strength over the last year:$965275 (+0,35%)