enDaily Analysis 13/10/2025
Latest Economic Insights
Top headlines
The US dollar stabilizes near 99.0 points after trade tensions between Washington and Beijing eased.
Trump softens his tone on China, saying trade relations “will be fine,” temporarily boosting risk appetite.
Gold hovered near $4,050 an ounce, supported by fears of a US government shutdown and continued global uncertainty.
Oil rises to $63 for Brent and $59 for West Texas Intermediate as the US softens its stance on China.
Bitcoin rebounds above $114,000 but faces strong resistance at $116,000.
Smart technical reports
How they work
A likely scenario for today is proposed, and the probability of this scenario occurring according to technical analysis may be between 60% and 75%.
If the first scenario fails, the probability of the second scenario occurring becomes between 60% and 75%.
The first scenario fails when the price reaches the level of the alternative scenario condition, and immediately the alternative scenario is activated and the prediction from the first scenario is cancelled.
These reports are not considered a substitute for a trader’s decision, but rather a tool to assist the follower in making their own decisions, as a reference based on the principles of classical technical analysis.
GOLD
General trend: Upward within a narrow price channel
Time interval: Half an hour (30 minutes)
Current price: 4,068
First scenario: Buy gold with a breakout and hold above 4,074, targeting 4,083 and then 4,091.
Alternative scenario: Sell gold with a breakout and hold below 4,058, targeting 4,049 and then 4,040.
Comment: Gold is regaining positive momentum after a strong rebound from the 4,049 support level, and a close above 4,074 will be key to extending the rally towards the weekly highs.
CRUDE OIL
General trend: Sideways, bullish after a previous sharp decline.
Time interval: Half an hour (30 minutes).
Current price: 59.40.
First scenario: Buy oil with a breakout and stability above 59.66, targeting 60.02 and then 60.37.
Alternative scenario: Sell oil with a breakout and stability below 58.76, targeting 58.40 and then 57.97.
Comment: Oil is attempting to consolidate after a strong correction, and any break above 59.70 would signal the return of buyers to the market.
EURUSD
General trend: Sideways, slightly upward.
Time interval: Half an hour (30 minutes).
Current price: 1.1625.
Scenario 1: Buy the euro on a breakout and hold above 1.1636, targeting 1.1662 and then 1.1683.
Alternative scenario: Sell the euro on a breakout and hold below 1.1610, targeting 1.1594 and then 1.1577.
Comment: The pair is moving within a sideways range, and monitoring today’s close is important to determine whether the trend will continue towards 1.1680 or return to negative pressure.
GBPUSD
General trend: bullish bounce from major support
Time interval: half an hour (30 minutes)
Current price: 1.3361
First scenario: Buy the pound with a breakout and hold above 1.3371, targeting 1.3389 and then 1.3409.
Alternative scenario: Sell the pound with a breakout and hold below 1.3342, targeting 1.3327 and then 1.3303.
Comment: The pound is showing signs of recovery from strong support at 1.3340, and a close above 1.3370 would confirm the start of a new corrective upward wave.
NAS100
General trend: Bearish after a sharp decline
Time interval: Half an hour (30 minutes)
Current price: 24,800
Scenario 1: Buy Nasdaq with a breakout and hold above 24,897, targeting 25,017 and then 25,124.
Alternative Scenario: Sell Nasdaq with a breakout and hold below 24,740, targeting 24,636 and then 24,527.
Comment: The index experienced a sharp decline but began to consolidate near 24,800. Maintaining the price above this level maintains the possibility of an upward correction.
Economic Calendar
(Times are in GMT+3)
From Canada: Public Holiday – Thanksgiving Day
Fundamental Analysis
The US dollar index held near 99.0 on Monday after a sharp decline in the previous session, as US President Donald Trump softened his rhetoric toward China in his latest comments on Truth Social, saying that trade relations “will be fine” and that the US “wants to support China, not hurt it.”
This softening of rhetoric came just two days after Trump threatened to impose 100% tariffs on Chinese goods starting in November, which had raised market fears of a renewed trade war. Vice President J.D. Vance reiterated the same stance, explaining that Washington is “prepared to negotiate if Beijing demonstrates reasonable responses.”
Despite this relative calm, markets remain cautious, especially as the US government shutdown continues into its third week, disrupting key economic data such as jobs and inflation and further clouding the economic outlook.
In Asia, the dollar rose against the yen after political support for Sanae Takaichi increased to become Japan’s next prime minister following the Komeito party’s exit from the ruling coalition. In Europe, the dollar stabilized against the euro after France announced a new government led by a new prime minister, succeeding Sébastien Lecornu, in an attempt to calm domestic political unrest.
In metals markets, gold continued its upward trend, soaring above $4,050 an ounce, approaching the all-time high it reached last week, supported by renewed trade tensions between Washington and Beijing and continued US political uncertainty. Despite some profit-taking, demand for the precious metal remains strong, supported by expectations of a 25 basis point Federal Reserve rate cut at its October and December meetings. Purchases by central banks and exchange-traded funds (ETFs) also helped support prices at historically high levels.
In the oil market, prices rose more than 1% after Trump softened his rhetoric toward China, helping to improve global economic sentiment and boost investor risk appetite. West Texas Intermediate crude traded near $59.7 a barrel, while Brent crude rose to $63, also supported by easing tensions in the Middle East after a ceasefire in Gaza held for a third day.
However, the outlook remains cautious, with reports indicating that global energy demand remains below target levels amid a slowdown in industrial activity in Asia and Europe.
In cryptocurrency markets, Bitcoin rebounded from last week’s lows to settle above $114,000, but faces resistance at $116,000, with technical indicators pointing to a potential sideways correction before any further upward movement.
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