Dear Client,

As part of our commitment to provide the most reliable service to our clients, there will be maintenance this weekend.

Maintenance Details:

Please note that the following aspects might be affected during the maintenance:

1. The price quote and trading management will be temporarily disabled during the maintenance. You will not be able to open new positions, close open positions, or make any adjustments to the trades.
2. There might be a gap between the original price and the price after maintenance. The gaps between Pending Orders, Stop Loss, and Take Profit will be filled at the market price once the maintenance is completed. It is suggested that you manage the account properly.
3. Due to the adjustment from Daylight Saving Time to Standard Time, the server time zone will change from GMT+3 to GMT+2. This change will take effect after the server maintenance on November 2 at 13:00 GMT+2.

The above data is for reference only. Please refer to the MT4/MT5 software for the specific maintenance completion and marketing opening time.

Thank you for your patience and understanding about this important initiative.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

Dear Client,

Affected by international holidays, the trading hours of some VT Markets products will be adjusted. Please check the following link for the affected products:

Holiday Trading Adjustment Notice

Note: The dash sign (-) indicates normal trading hours.

Friendly Reminder:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

Gold (XAUUSD) enters the week consolidating near $4,100, after reaching a record high of $4,381 last week. As the market digests this historic rally, attention now turns to the next rate decision from the U.S. Federal Reserve, which could provide the next directional cue for XAUUSD. With safe-haven demand fluctuating due to U.S.–China trade sentiment, the near-term path of gold hinges on both macro policy and technical confirmation.

Fed Easing vs Waning Safe-Haven Demand

Markets are pricing in a 0.25% rate cut from the Fed on 30 October 2025, with a another cut likely in December. Softer-than-expected CPI data and signs of labor market cooling have strengthened the case for easing. A dovish tone from Chair Powell could weaken the dollar and push real yields lower, both of which are bullish for gold.

However, safe-haven flows have recently cooled. Progress in U.S.–China trade talks has lifted risk sentiment, reducing demand for defensive assets. Gold slipped below $4,000 last week as investors rotated into risk-on trades. Still, with geopolitical risks and monetary uncertainty lingering, gold remains a key hedge in diversified portfolios.

Technical Setup: Consolidation Before the Next Move

Gold is currently consolidating after its record run, with price action coiling between $4,030 and $4,351.

• Support: $4,030, followed by a range between $3,960 and $3,940, then $3,850
• Resistance: $4,400, then $4,450 and beyond
• Bullish bias: Go long on breakout above $4,400 with volume confirmation, or buy pullback near $4,030 if support holds. Target $4,400 and beyond $4,450.
• Bearish setup: Short if price breaks below $4,030 with momentum. Target the range between $3,960 and $3,940, even possibly $3,850. Use stops above $4,100.
• Range Play: Trade the $4,030 to $4,351 range with tight stops until breakout or breakdown confirms direction.

Fed Decision to Set the Tone for Gold

With the Fed poised to cut rates and global risk sentiment in flux, the next move of gold depends on policy tone and macro data. A dovish Fed could reignite bullish momentum and drive a breakout above $4,400. Conversely, if safe-haven demand continues to fade, gold may test deeper support levels. Watch for a breakout above $4,351 or a breakdown below $4,030 to guide positioning.

Click here to open account and start trading.

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.

Ethereum (ETH) opens the final week of October trading between $3,950 and $4,050, holding firm after a strong run above $4,000. While price action remains range-bound, a breakout above $4,150 could unlock upside toward $4,400–$4,500, especially as crypto markets digest fresh ETF approvals and shifting dominance dynamics.

ETF Tailwinds and Altcoin Rotation

The crypto landscape saw a major milestone last week with the approval of the first Solana staking ETF (BSOL) in the U.S., which posted $10 million in trading volume within its first 30 minutes. This follows a greenlight from Hong Kong for a Solana spot ETF, signaling rising institutional appetite for altcoin exposure. The ETF rollout is expected to drive $3 billion to $6 billion in inflows and could spark renewed interest in Layer 1 assets like Ethereum.

Meanwhile, Bitcoin dominance remains elevated at 58%, delaying a full-blown altcoin season. Once the Bitcoin dominance drops toward the 40% range, altcoins could see explosive upside. For now, the performance of Ethereum is closely tied to the macro sensitivity of Bitcoin, but ETF-driven rotation and improving sentiment may shift flows toward altcoins in the coming weeks.

Technical Analysis: ETH Consolidates, Breakout Loom

Ethereum has been consolidating in the between $3,900 and $4,100, with price action coiling ahead of key resistance.

• Support: $3,850–$3,900, followed by $3,750 and $3,600
• Resistance: $4,400 then $4,500 and beyond
• Bullish bias: Go long on breakout above $4,150 or buy pullback near $3,850 and $3,900 with confirmation. Target $4,400 and $4,500+ with stop-loss below $3,800.
• Bearish setup: Short if price breaks below $3,850 with momentum. Target $3,750 and $3,600. Stop-loss above $4,000.
• Range play: Trade between $3,900 and $4,150 with tight stops. Flip bias on breakout or breakdown.

ETF and Macro Signals to Guide the Crypto Market

With ETF momentum building and macro catalysts in play, Ethereum could be on the verge of a breakout. A decisive move above $4,150 would confirm bullish continuation, while failure to hold $3,850 could trigger deeper correction. Traders should watch for ETF-driven altcoin rotation, Bitcoin dominance shifts, and macro data releases to guide positioning. Stay nimble, manage risk, and monitor breakout levels closely.

Click here to open account and start trading.

As markets brace for a pivotal week of central bank decisions, the USD/JPY pair finds itself at the intersection of macro policy shifts and technical momentum. With the Federal Reserve and Bank of Japan both scheduled to announce rate decisions on October 30, market participants are watching for signals that could reshape currency dynamics heading into year-end.

Macro Focus: Fed Easing vs BoJ Tightening

The Federal Reserve is widely expected to deliver a 25–50 bps rate cut, marking a dovish turn amid signs of cooling growth. Advance U.S. GDP is forecast at 3.00% (down from 3.80%), and Core PCE inflation is holding steady at 0.20% m/m, both of which are indicators that support a more accommodative stance. However, the real market driver will be Chair Powell’s tone: A cautious or data-dependent message could stabilise the dollar, while a clear easing bias may pressure it lower.

In contrast, the Bank of Japan is expected to hold rates at 0.50%, but with growing anticipation of a December hike. The core CPI of Japan remains elevated at 2.9% y/y, and services PMI at 52.4 signals resilient domestic demand. While manufacturing PMI lags at 48.3, the BoJ may lean hawkish to preempt inflation persistence. Markets will be watching for any hints of liftoff timing or balance sheet adjustments.

Adding to the backdrop is the recent election of Sanae Takaichi as the new Prime Minister of Japan, a historic shift that could influence fiscal-monetary coordination. Her pro-growth stance and emphasis on wage-driven inflation may embolden the BoJ to normalize policy sooner than expected.

Technical Analysis: Bullish Breakout in Play

The USD/JPY pair has broken above the key resistance at 151.82, confirming a bullish wave structure and opening the door to further upside.

• Resistance: 154.30 for short-term and 157.57 for longer-term
• Support: 149.00 as breakout pivot, 146.60 as corrective support and 145.00 as deeper downside buffer
• Bullish take: Enter long on a retest of 149.00 with confirmation, or on momentum above 152.00. Target 154.30 and 157.57, with stop-loss below 148.50.
• Bearish view: If price breaks below 149.00 with volume, consider short or hedge. Target 146.60 and lower with stop-loss above 152.50.
• Range play: If price consolidates between 149.00 and 152.00, trade the range with tight stops until breakout or breakdown.

Volatility Ahead as Policy Divergence Peaks

With the Fed leaning dovish and the BoJ potentially hawkish, rate differentials may begin to narrow, putting downward pressure on USDJPY despite the bullish technical setup. A surprise Fed cut or soft tone could accelerate yen strength, while a steady BoJ could reinforce the breakout. As the USDJPY is technically bullish but fundamentally vulnerable, traders should stay nimble and monitor between 149.00 to 152.00 closely, always ready to pivot as central bank signals unfold.

Click here to open account and start trading.

Markets start the week on cautious footing ahead of a heavy central-bank lineup that includes the Federal Reserve, Bank of Japan, and European Central Bank. The dollar index (USDX) remains near 98.80 after retreating from 99.28, while gold hovers around $4,190 following a corrective pullback.

The upcoming days could see sharp repricing if the Fed delivers a widely anticipated 25 to 50 bps cut and the BoJ signals a December lift-off. Equity traders are also eyeing mega-cap earnings from Apple, Microsoft, Alphabet, Meta and Amazon, which could sway broader sentiment.

Central Banks in Focus

Federal Reserve: Policy Pivot in Sight

Markets currently price a 25 bps Fed rate cut at the October meeting, with a smaller probability of a deeper 50 bps move. The Advance GDP report (forecast 3.0% q/q vs 3.8% prior) and Core PCE (expected 0.2% m/m) will test whether the easing narrative by the Fed remains justified.

A dovish Fed cut could weaken the dollar further, lifting gold and risk assets, though traders may stay cautious until Chair Powell’s post-meeting guidance clarifies the pace of future easing.

Bank of Japan: December Hike Base Case

The inflation rate of Japan remains above the 2% target, with September core CPI at 2.9% y/y and October services PMI at 52.4, underscoring resilient domestic demand. However, weak manufacturing data (PMI at 48.3) supports a cautious approach. Markets largely expect a “hawkish hold” this week, with the first rate hike (to 0.75%) now seen as more likely in December.

This divergence of Fed cutting while BoJ tightens later could narrow the USDJPY rate gap and pressure the pair lower into year-end.

Upcoming Events

Key Symbols to Watch for the Week

Gold (XAUUSD)

• Gold retreated after testing $4,190 resistance.
• A move above $4,200 could reopen gains toward $4,275.
• Support lies near $4,000
• Watch PCE data for direction.

US Dollar Index (USDX)

• Currently around 98.80, facing resistance at 99.28 and 99.80.
• A dovish Fed cut could push USDX below 98.50.
• A surprise 25 bps cut or cautious tone may stabilise it above 99.00.

USDJPY

• Trading above 153.20
• A hawkish BoJ could drive the pair lower toward 151.80.
• If the Fed cuts aggressively, downside pressure could intensify.
• Resistance seen near 153.80 to 154.00 if BoJ holds steady.

SP500

• Printed new highs with immediate support at 6,750.
• Earnings from big tech will guide sentiment.
• Sustained breakout above 6,800 keeps the uptrend intact.

USOil

• Consolidating near support zone between $61.00 and $60.30.
• A break above $62.50 could target $65.00.
• Demand concerns remain tied to global growth data.

Bottom Line

As the new week unfolds, the market focus sharpens on upcoming policy decisions from the Fed and BoJ, both could recalibrate major currency pairs. At the same time, gold and the Japanese yen remain highly reactive to shifts in yield spreads and inflation dynamics, underscoring their role as barometers of macro sentiment. Meanwhile, a packed calendar featuring U.S. Core PCE data and heavyweight tech earnings promises to inject fresh volatility across global markets.

Click here to open account and start trading.

The Nikkei 225 climbed on Friday, recovering from a sharp pullback in the previous session as traders rotated back into large-cap technology stocks. The benchmark index rose 49,386.15 extending the market’s winning streak to eight weeks out of the past nine.

Investor sentiment improved after Sanae Takaichi, the newly elected prime minister of Japan, signalled intentions to pursue fiscal expansion and policies supportive of domestic growth.

Market participants continued to position around the so-called “Takaichi trade”, rotating between AI, defence and industrial plays based on anticipated government spending priorities.

Technical Analysis: Nikkei225

The Nikkei 225 is buoyed by a wave of risk-on sentiment across Asian markets. Traders cheered upbeat corporate earnings and a weaker yen, which helped export-heavy sectors extend their recent rally. The index is now edging closer to the symbolic 50,000 level, a mark that could act as both a psychological and technical barrier in the near term.

From a technical perspective, the uptrend remains firmly intact. The 5-, 10-, and 30-day moving averages continue to slope upward, confirming sustained bullish momentum since the breakout above 45,000 in mid-September.

Price action has consistently respected the 10-day moving average as dynamic support, while the most recent rebound near 48,000 reaffirmed the market’s appetite for higher levels. Immediate resistance lies at 49,500–50,000, while strong support is seen around 47,800–48,000.

The MACD remains in positive territory with a widening spread above the signal line, indicating robust momentum.

The histogram continues to print green bars, reflecting ongoing buying pressure. Unless momentum stalls or the MACD line crosses downward, the current rally could carry further gains.

Market Outlook for the Japanese Stock Market

With policy optimism and robust sector rotation underpinning sentiment, Japanese equities appear well-supported heading into the final quarter. Traders will be watching for any concrete details of Takaichi’s fiscal programme, which could set the tone for further gains in AI, semiconductor, and infrastructure-linked shares.

Click here to open account and start trading.

Dear Client,

Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume”.

Please refer to the table below for more details:

The above data is for reference only, please refer to the MT4/MT5 software for specific data.

If you’d like more information, please don’t hesitate to contact info@vtmarkets.com.