The risk mood is on the more positive side to start the day but there’s not too much appetite in major currencies for now. The dollar is lightly changed with dollar pairs holding narrow ranges, all within 0.1% change as we get things going in European morning trade.USD/JPY remains the more interesting one with the pair having run up to a high of 151.20 earlier but the move was denied by the 100-hour moving average. The pair is now trading flattish, with traders having to balance out lesser political uncertainty in Japan against the backdrop of Sanae Takaichi’s premiership.Besides that, EUR/USD continues to hold closer to its 100-day moving average of 1.1650 after the run up last week was dealt a setback on Friday. Overall, major currencies remain largely cautious amid a mix of having to watch out for US-China headlines, the US government shutdown, and waiting on the FOMC meeting decision later this month. This article was written by Justin Low at investinglive.com. 🔗 Read Full Article 💡 DMK Insight As the day begins, the market’s cautious optimism is palpable, yet major currencies seem to be playing it safe. The dollar’s stability, with pairs barely budging, suggests traders are waiting for a catalyst before making any bold moves. This tepid atmosphere could signal a broader trend of indecision, where investors are reluctant to commit until clearer signals emerge from economic data or geopolitical developments. In a world where volatility is the norm, this calm before the storm might just be the eye of the hurricane. 📮 Takeaway Keep an eye on upcoming economic data; it could shake up this cautious market mood.

Domestic sight deposits CHF 451.1 bn vs CHF 451.7 bn priorSwiss sight deposits are little changed in the past week, keeping thereabouts as we have seen recently. Carry on as you will. This article was written by Justin Low at investinglive.com. 🔗 Read Full Article 💡 DMK Insight Swiss sight deposits are holding steady, reflecting a sense of stability in the domestic banking landscape. This stagnation suggests that consumers and businesses are adopting a wait-and-see approach, perhaps wary of external economic pressures. While it may seem like a snooze-fest for traders, this consistency can signal a broader confidence in the Swiss economy, or at least a reluctance to rock the boat. In a world of volatility, sometimes doing nothing is the boldest move of all. 📮 Takeaway Monitor Swiss sight deposits for signs of changing consumer confidence and potential market shifts.

Fundamental OverviewThe USD strengthened a bit on Friday following some positive Trump’s comments on China as Treasury yields bounced and erased the Thursday’s losses. Overall, the US dollar performance has been mixed as markets have been driven by quick changes in risk sentiment since Trump’s tariffs threat. On the domestic side, the US government shutdown continues to delay many key US economic reports. The dollar “repricing trade” needs strong US data to keep going, especially on the labour market side, so any hiccup on that front is weighing on the greenback. The BLS will release the US CPI report on Friday despite the shutdown, so that’s going to be a key risk event. That will need to be seen in the context of US-China relations and any negative shock by that time though. If things go south, then the CPI will not matter much as growth fears will trump everything else. On the CHF side, nothing has changed. The SNB left interest rates steady and kept everything unchanged at the last meeting. SNB’s President Schlegel didn’t offer any forward guidance but he did say that the bar to cut rates further is very high and negative inflation prints in the short-term won’t be enough. The last Swiss inflation prints rebounded a bit but there’s a long way to go before breaching their 2% inflation limit. So, this leaves the CHF trading mostly based on risk sentiment.USDCHF Technical Analysis – Daily TimeframeOn the daily chart, we can see that USDCHF broke below the major upward trendline last week and extended the drop into the 0.7872 level before pulling back a bit after some positive Trump’s comments on tariffs. If the price rolls over again, we can expect the buyers to step in around the 0.7872 level with a defined risk below it to keep targeting a rally into the 0.8073 level. The sellers, on the other hand, will want to see the price breaking lower to increase the bearish bets into new lows. USDCHF Technical Analysis – 4 hour TimeframeOn the 4 hour chart, we can see that we have a downward trendline defining the bearish momentum. We are trading a bit above the trendline with some evident rejections. This is where we can expect the sellers to step in with a defined risk above the trendline to position for a drop into new lows. The buyers, on the other hand, will likely pile in here to target a rally into the 0.8073 level next.USDCHF Technical Analysis – 1 hour TimeframeOn the 1 hour chart, we can see more clearly the price action around the trendline and the minor resistance zone around the 0.7935 level. The sellers will likely continue to step in below the resistance, while the buyers will want to see the price breaking higher to increase the bullish bets into new highs. The red lines define the average daily range for today. Upcoming CatalystsThe focus remains on the US-China developments but on Friday we will also get the US CPI report and the US flash PMIs. This article was written by Giuseppe Dellamotta at investinglive.com. 🔗 Read Full Article 💡 DMK Insight The recent uptick in the USD, spurred by Trump’s optimistic remarks on China, highlights the currency’s sensitivity to political rhetoric. As Treasury yields recover, it’s clear that traders are navigating a landscape where sentiment can shift faster than a New York minute. This volatility underscores the importance of keeping an ear to the ground for any whispers from Washington, as they can send ripples through the markets. For investors, it’s a reminder that in the world of forex, the only constant is change—and sometimes, it’s the loudest voices that carry the most weight. 📮 Takeaway Stay alert to political developments; they can swiftly impact currency valuations.

Likely to maintain view economy on course for moderate recovery, despite headwinds from US tariffsThis is a report from Reuters citing sources. There’s nothing new here though. BoJ members have already mentioned this many times. Seems like there’s no willing from the BoJ to hike rates pre-emptively at the October meeting, but keep an eye on more “leaks” ahead of the meeting. This article was written by Giuseppe Dellamotta at investinglive.com. 🔗 Read Full Article 💡 DMK Insight The Bank of Japan’s reluctance to raise interest rates, despite ongoing economic recovery signals, underscores a cautious approach in the face of external pressures like US tariffs. This hesitance could reflect a broader strategy to avoid stifling growth before it’s fully realized. Investors should note that while the BoJ’s stance might seem stagnant, it reveals a delicate balancing act between fostering recovery and managing inflationary risks. In a world where central banks are often seen as the ultimate decision-makers, this indecision could lead to increased volatility in the markets. 📮 Takeaway Watch for BoJ’s next moves; they could signal shifts in market sentiment amid global economic pressures.

Palladium Technical Analysis: Second Attempt After a 14% Collapse in Less Than Two DaysPalladium futures have just recorded one of their sharpest short-term declines in recent memory. After reaching a 50-week high of 1,695 on Thursday, October 16, and a Friday high of 1,692.5, prices plunged to 1,510.5 by the end of that same Friday — a 9.68% intraday drop.From that Friday high to today’s session low, Palladium has fallen just over 14% in less than a day and a half of futures trading. Such an abrupt decline has left traders asking a difficult question: is this the beginning of a deeper selloff or the setup for a reversal?Price is currently hovering around the 1,500 round number, a psychological battleground where both buyers and sellers are testing conviction. The speed and magnitude of the drop are unusual for this market, and attention is now focused on whether Palladium can stabilize and build a base above the key levels highlighted by orderFlow Intel.Before I dive into the order flow persepctive, you can also see the bigger picture from my Palladium Technical Anlaysis Video.Order Flow Intel PerspectiveOur orderFlow Intel analysis, designed to track buyer and seller aggressiveness inside each price range, shows that aggressive selling is finally being absorbed near the lower value area. Despite another wave of red bars, price action has stopped making lower lows, suggesting that sellers are losing effectiveness.In practical terms, this means that buyers are quietly absorbing supply near the bid, while sellers continue to hit the market without pushing prices materially lower. This type of divergence between delta (net buy/sell volume) and price movement often hints at early accumulation rather than continued liquidation.Key Technical PicturePoint of Control (POC): 1,489 — This remains the most important short-term reference, serving as a line in the sand between bulls and bears.Value Area Low (VAL): 1,477 — Also the current session low, confirming this area as the first layer of structural support.VWAP: 1,501.5 — Price is oscillating just below this volume-weighted mean, located near the psychological round number of 1,500. A sustained close above it would strengthen the bullish recovery case.Value Area High (VAH): 1,512 — The next breakout threshold; a move above it could open the path toward 1,520–1,535, where the first upper VWAP deviation sits.Why the Bias Remains BullishAlthough the broader market is still digesting the steep drop, our orderFlow Intel readings show that buyers have been absorbing the most aggressive sell pressure near 1,477–1,489. This is visible in the delta and volume relationships, which reveal that sellers are still active, but their actions are being offset by hidden demand from larger participants.That’s why Palladium now carries a Prediction Score of +7 (Bullish Bias / High Confidence) on our scale of −10 to +10. The score reflects a constructive structure with solid buy absorption, even if short-term volatility remains high.Key Levels to WatchPalladium Price Prediction and the Path to the Technical RecoveryWhile Friday’s collapse shook out many long positions, current data suggests that institutional buyers may be rebuilding exposure near the lower range. The 1,489–1,477 region is now the battleground that determines whether Palladium stabilizes or resumes its slide.If prices can sustain above VWAP and later clear 1,512, a technical recovery toward 1,535–1,555 becomes likely. For now, Palladium holds a bullish bias, but with traders fully aware that this is a second attempt after a failed long last week and that such setups can carry both high reward potential and meaningful risk.Disclosure: This analysis is for educational and decision-support purposes only and does not constitute financial advice. Futures trading carries significant risk.For real-time trade ideas and execution plans, follow the investingLive Stocks Telegram channel. This article was written by Itai Levitan at investinglive.com. 🔗 Read Full Article 💡 DMK Insight Palladium’s recent rollercoaster ride, marked by a staggering 14% drop in just two days, serves as a stark reminder of the metal’s volatility. This sharp decline from a 50-week high indicates that even the most promising commodities can be at the mercy of market whims. Investors should take note: such rapid fluctuations can create both peril and opportunity, depending on how one navigates the choppy waters. As traders eye a potential rebound, the question looms: will palladium’s price stabilize, or is this just the beginning of a more tumultuous journey? 📮 Takeaway Watch for signs of stabilization in palladium prices before making any bold moves.

This paves the way for Takaichi to be elected as the first ever female prime minister of Japan in the vote tomorrow. After all the drama with Komeito leaving and what not, we’re finally seeing the dust settle. Sure, the LDP party is now much weakened and this coalition government isn’t as strong a faction as the one before. But for now, it’s enough to keep the vultures from circling and allows for things to move forward – at least for the time being. This article was written by Justin Low at investinglive.com. 🔗 Read Full Article 💡 DMK Insight The potential election of Takaichi as Japan’s first female prime minister marks a significant shift in a traditionally male-dominated political landscape. This moment isn’t just about breaking glass ceilings; it signals a broader societal change that could influence Japan’s economic policies and international relations. However, with the LDP weakened and coalition dynamics in flux, investors should brace for a period of uncertainty as new leadership could mean new strategies—or a continuation of the status quo. As the dust settles, the implications for market stability and investor confidence will be closely watched. 📮 Takeaway Keep an eye on Japan’s political landscape; it could impact market dynamics significantly.

Palladium Futures Technical Analysis: Testing the August Pivot ChannelI’m Itai Levitan from investingLive.com, and today we’re revisiting Palladium futures (PA DEC25) through a broader one-hour technical perspective.investingLive.com — previously ForexLive.com — delivers real-time market news and analysis across forex, stocks, commodities, and global markets, providing traders and investors with fast, data-driven insights to support informed decision-making.Earlier today, I published “Palladium Technical Analysis: What’s Next After a 14% Collapse Since Friday,” which explored the recent selloff through our proprietary orderFlow Intel system. That piece focused on what the underlying order flow data revealed about buyer and seller behavior and where institutional traders might be accumulating positions.This follow-up takes a technical charting perspective using the one-hour timeframe to explore where Palladium stands after the retest of its August pivot channel — and what may come next. See the following Palladium Technical Analysis Video from Today:In the Palladim Analysis Video Above: From the August Pivot to the PresentThe current structure traces back to the August 27, 2025 pivot low, formed after roughly a 20% correction from the June–July highs. That low established a major structural base, and since then Palladium has traded inside a rising yellow channel that has defined the market’s trajectory for nearly two months.After breaking above the channel, price advanced to $1,550 on October 9, confirming strong momentum.It then backtested the upper boundary, held it successfully, and pushed higher — a bullish continuation pattern when an upward-sloping channel turns into support after breakout.This rally extended to the 50-week high of $1,695 on October 16, before reversing sharply.The Collapse and the RetestFriday’s decline was extraordinary — from $1,692.5 down to $1,510.5, a −9.68% drop within one session. In less than two days of futures trading, Palladium fell just over 14%, reaching today’s low of $1,456.5.Technically, that move perfectly retested the same rising channel drawn from the August pivot, a critical area that often determines whether a longer-term uptrend survives or fails.Given the magnitude of the selloff, the fact that price is stabilizing near the $1,500 round number — a strong psychological magnet — suggests that the market may be preparing for a short-term rebound or controlled retracement.Key Technical Context for Palladium Futures TodayVWAP (1,501.5) – The volume-weighted average price remains near the 1,500 handle. A decisive move above this level would indicate renewed buyer control.Point of Control (1,489) – A crucial short-term “line in the sand” between bulls and bears. Staying above it maintains the constructive bias.Value Area Low (1,477) – Also today’s session low, reinforcing this zone as the first structural support.Value Area High (1,512) – The next breakout threshold. A confirmed close above 1,512 could open the door toward 1,520–1,535, where the first upper VWAP deviation sits.Palladium at an interesting technical crossroad…From a pure technical standpoint, Palladium is sitting at an important inflection zone. The market has retested its long-term channel and key value levels, and so far, the structure remains orderly rather than impulsive, implying potential for a controlled rebound.For traders, this area presents a legitimate contrarian long setup within the 1,477–1,489 support cluster — provided that risk is managed carefully and partial profits are taken progressively if price moves higher.As discussed in the earlier orderFlow Intel report, the structure still supports a bullish bias, though confirmation depends on Palladium holding above 1,489 and reclaiming VWAP around 1,501.5.In summary: After one of its steepest two-day declines in years, Palladium futures are once again testing the same rising channel that launched the August rally. Whether this becomes a second rebound leg or a trend failure will hinge on how price behaves between 1,489 and 1,512 in the coming sessions.For more detailed trade setups, including partial profit strategies and stop placement logic, follow the investingLive Stocks Telegram channel for real-time updates. This article was written by Itai Levitan at investinglive.com. 🔗 Read Full Article 💡 DMK Insight Palladium futures are currently testing the August pivot channel, a crucial technical level that could dictate the market’s next move. This moment is particularly significant as it reflects broader trends in the commodities market, influenced by supply chain dynamics and industrial demand. Traders should keep a keen eye on this pivot point; a breakout could signal a bullish trend, while a failure to hold might lead to a bearish reversal. In the world of commodities, timing is everything, and this pivot could be the key to unlocking new opportunities—or pitfalls. 📮 Takeaway Monitor the August pivot channel closely; it could dictate palladium’s next significant price movement.

Fundamental OverviewThe USD strengthened a bit on Friday following some positive Trump’s comments on China as Treasury yields bounced and erased the Thursday’s losses. Overall, the US dollar performance has been mixed as markets have been driven by quick changes in risk sentiment since Trump’s tariffs threat. On the domestic side, the US government shutdown continues to delay many key US economic reports. The dollar “repricing trade” needs strong US data to keep going, especially on the labour market side, so any hiccup on that front is weighing on the greenback. The BLS will release the US CPI report on Friday despite the shutdown, so that’s going to be a key risk event. That will need to be seen in the context of US-China relations and any negative shock by that time though. If things go south, then the CPI will not matter much as growth fears will trump everything else. On the GBP side, we haven’t got any meaningful change in the fundamentals. The BoE left interest rates unchanged at the last meeting but slowed the pace of QT. The forward guidance was mostly the same with the focus being more on the inflation side now. The UK continues to have a serious inflation problem with high core CPI, high wages and rising consumer inflation expectations. We saw some dovish repricing following the soft UK employment report with the market now seeing 11 bps of easing by year-end and 50 bps by the end of 2026. This week we have the UK CPI report which is going to be more important for the BoE.GBPUSD Technical Analysis – Daily TimeframeOn the daily chart, we can see that GBPUSD probed below the key 1.3332 level a couple of times in the past two weeks but eventually the breakout got invalidated and the price bounced back strongly. If the price rises all the way back to the 1.3588 level, we can expect the sellers to step in there with a defined risk above the resistance to position for a drop back into the 1.3332 level. The buyers, on the other hand, will want to see the price breaking higher to increase the bullish bets into the 1.3789 level next.GBPUSD Technical Analysis – 4 hour TimeframeOn the 4 hour chart, we can see that we have a minor support zone around the 1.3365 level. If we get a pullback, we can expect the buyers to step in there with a defined risk below the support to position for a rally into the 1.3588 level. The sellers, on the other hand, will want to see the price breaking lower to pile in for a drop into new lows. GBPUSD Technical Analysis – 1 hour TimeframeOn the 1 hour chart, we can see that we have a minor resistance zone around the 1.3443 level. This is where we can expect the sellers to step in with a defined risk above the resistance to position for a pullback into the 1.3365 support. The buyers, on the other hand, will look for a break higher to increase the bullish bets into new highs. The red lines define the average daily range for today.Upcoming CatalystsOn Wednesday, we have the UK CPI report, while on Friday we get the US CPI and the US Flash PMIs data. Keep in mind that the US-China developments continue to be a key market focus. This article was written by Giuseppe Dellamotta at investinglive.com. 🔗 Read Full Article 💡 DMK Insight The recent uptick in the USD, fueled by Trump’s optimistic remarks on China, highlights the market’s sensitivity to political rhetoric. As Treasury yields recover, traders are reminded that currency values can swing wildly on the whims of sentiment rather than solid economic fundamentals. This volatility signals a precarious balance; investors should brace for more turbulence as geopolitical tensions and trade negotiations continue to unfold. In short, the dollar’s mixed performance is a reflection of a market that’s still trying to find its footing amidst uncertainty. 📮 Takeaway Stay alert to political developments, as they can swiftly impact currency values and market sentiment.

As mentioned before, don’t hold your breath on meetings such as this one. It’s clear that China played this ace card as a way to control the narrative before the upcoming meeting between Trump and Xi in South Korea. That sets the tone for measured optimism and not for the Trump to bully his way out of this one.The EU and other countries are caught in the crossfire of it all and Beijing definitely knows that. However, that’s the price to pay as the trade conflict continues to brew between the US and China – no matter what “deal” they claim to be making. This article was written by Justin Low at investinglive.com. 🔗 Read Full Article 💡 DMK Insight In the world of geopolitics, timing is everything, and China’s strategic maneuvering ahead of the Trump-Xi meeting underscores its desire to shape the narrative. This isn’t just a game of chess; it’s a high-stakes poker match where each player is trying to bluff their way to a favorable outcome. Investors should take note: such diplomatic dance-offs can send ripples through markets, influencing everything from trade policies to currency valuations. As the stakes rise, so does the need for vigilance in how these developments could impact global economic stability. 📮 Takeaway Stay alert to geopolitical shifts; they can dramatically affect market sentiment and investment strategies.