empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
23.04.2025 09:03 AM
Markets Await a Massive Rally if the U.S. Starts Real Negotiations with China (There is a likelihood of continued growth in #NDX and Ethereum)
Open trading account Open demo account

A new wave of euphoria has swept through the markets. Many believe it's not a coincidence: take everything away from a person and then provide them with even the smallest amount, and they'll feel happiness. So, what is driving this renewed optimism in the markets?

On Tuesday, U.S. Treasury Secretary S. Bessent said he expects an easing of tensions in the trade war between the U.S. and China, noting that the current tariffs are "unrealistic." This news boosted hopes that the White House might walk back its decision to impose a 145% tariff on imports from China. The announcement increased demand for dollar assets after Monday's drop in stock prices, bond yields, and the dollar itself. Further optimism came from President Trump's statement that he does not plan to replace Federal Reserve Chair Jerome Powell.

Naturally, market participants seized this news and began buying risk assets, including cryptocurrencies, the dollar, and Treasuries. Meanwhile, gold prices, having hit another all-time high, pulled back and were at 3339.00 at the time of writing.

Back to Bessent's message—it essentially signals that the U.S. is beginning to consider resolving its standoff with China and is open to finding a compromise. This reflects a familiar Trump tactic: apply pressure, back off, lock in a gain. Demand more, and you'll get what you want. But the question remains—will Beijing play along? That's not so clear. It seems the U.S. is starting to realize that strong-arm tactics toward China may not succeed and that real negotiations are necessary.

This is precisely what the markets have picked up on. The positive reaction stems from the potential for real, mutually respectful negotiations. We may be witnessing a genuine shift in Trump's policy, which could set off a powerful rally in stock markets, increased demand for Treasuries, and a strengthening of the dollar on the Forex market. Improving sentiment overall, plus the reassurance that Trump doesn't plan to replace Powell—at least for now—could be a turning point. However, this will only hold if Trump doesn't revert to pressuring China or pushing the Fed to cut rates.

Can we hope that this mostly verbal easing of tensions will support demand for risk assets and tokens and strengthen the dollar?

Only real actions following the words of Bessent and Trump can be the true drivers of a broad rally in equity markets, a significant drop in gold prices, and growing demand for commodity assets—especially oil. As for the dollar, it might rebound briefly, but fundamental factors still point to weakness. Chief among them is slowing inflation, which, if it continues this month, could be a strong signal for the Fed to cut rates by 0.25% at the May or June meeting. Markets are aware of this, making it unlikely to see aggressive dollar buying.

What to expect on the markets today:

The rally that began in the U.S. equity markets yesterday is likely to continue. The dollar's growth will likely stall, as will gold prices. Cryptocurrencies will continue to gain support, as will oil. The most significant moves will likely occur during the U.S. session since much of the price action has already played out during Asian trading hours.

This image is no longer relevant

This image is no longer relevant

Forecast of the Day:

#NDX

Expectations of real negotiations between Beijing and Washington on tariffs are supporting the CFD contract for the NASDAQ 100 futures. On this news, tech sector stocks have surged. Demand for these assets may continue, supporting further growth in the NASDAQ 100 and its futures. If this scenario plays out, the contract could break above 18,603.00, with a potential further rise toward 19,229.00. The buy trigger could be the 18,736.50 level.

Ethereum

The cryptocurrency surged as market tensions eased and hopes rose that Beijing and Washington would resolve the tariff crisis. On this wave of optimism, the token may continue to see strong demand and rise toward 1952.45. The level of 1837.81 could serve as an entry point for buying.

Pati Gani,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Forecast
USD/JPY: Simple Trading Tips for Beginner Traders on July 10th. Forex Trade Review Trade Analysis and Recommendations for the Japanese Yen The test of the 146.51 level occurred when the MACD indicator had just started to move down from the zero line, confirming
Jakub Novak
09:36 2025-07-10 +02:00
1030
Forecast
GBP/USD: Simple Trading Tips for Beginner Traders on July 10th. Forex Trade Review Trade Analysis and Trading Tips for the British Pound The test of the 1.3610 price level coincided with a moment when the MACD indicator had already moved significantly above
Jakub Novak
09:18 2025-07-10 +02:00
1015
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

What to Watch on July 10th: Fundamental Event Overview for Beginners

Macroeconomic Report Analysis: There are very few macroeconomic publications scheduled for Thursday, and none of them are expected to be significant. So what could traders focus on today? The second
Paolo Greco 09:07 2025-07-10 UTC+2

GBP/USD Overview on July 10, 2025

On Wednesday, the GBP/USD currency pair maintained its downward movement, which is corrective in nature and could end at any moment. The price remained below the moving average line
Paolo Greco 07:26 2025-07-10 UTC+2

EUR/USD Overview on July 10, 2025

The EUR/USD currency pair continued to trade very calmly on Wednesday. The pair maintained a slight downward bias, as we've noted in all of our recent articles. However, the current
Paolo Greco 07:16 2025-07-10 UTC+2

USD/CAD. Analysis and Forecast

Today, the USD/CAD pair is showing signs of recovery, rising toward the 1.3700 level and approaching the weekly high reached earlier. Fundamental factors point to bullish dominance and the potential
Irina Yanina 12:46 2025-07-09 UTC+2

Markets unfazed by Trump's new tariff threats

Donald Trump's bark is louder than his bite. Markets have grown so accustomed to his rhetoric that the S&P 500 barely flinched at the White House's latest threat to slap
Marek Petkovich 11:53 2025-07-09 UTC+2

AUD/USD. Analysis and Forecast

The AUD/USD pair is holding steady at current levels with a bullish bias but limited movement following the release of inflation data from China—Australia's key trading partner. In June
Irina Yanina 11:35 2025-07-09 UTC+2

USD/JPY. Analysis and Forecast

On Wednesday, the Japanese yen extended its decline for the third consecutive day, pushing the USD/JPY pair to a new two-week high above the key 147.00 level during the Asian
Irina Yanina 11:23 2025-07-09 UTC+2

Consumer lending in the US is slowing down

According to data, consumer lending in the U.S. grew at its slowest pace in three months in May amid a decline in outstanding balances on credit cards and other revolving
Jakub Novak 10:43 2025-07-09 UTC+2

The ECB Is in a Good Position

While the euro remains under pressure against the dollar, risking a complete loss of its bullish momentum, one European policymaker believes the European Central Bank should not be overly concerned
Jakub Novak 10:33 2025-07-09 UTC+2

What to Watch on July 9th: Fundamental Events Breakdown for Beginners

There are no macroeconomic publications scheduled for Wednesday. The week began fairly actively, with both currency pairs declining, even though the fundamental backdrop rather points to another decline
Paolo Greco 08:57 2025-07-09 UTC+2

Top analytics

Relevance up to 20:00 2025-07-10 UTC--5
EUR/USD Overview on July 10, 2025
07:16 2025-07-10
Fundamental analysis
Relevance up to 21:00 2025-07-10 UTC--5
EUR/USD Forecast for July 10, 2025
06:14 2025-07-10
Technical analysis
Relevance up to 23:00 2025-07-23 UTC--5
Trading Signals for EUR/USD for July 10-15, 2025: sell below 1.1753 (200 EMA - +1/8 Murray)
06:08 2025-07-10
Technical analysis
Relevance up to 23:00 2025-07-23 UTC--5
Trading Signals for GOLD (XAU/USD) for July 10-15, 2025: sell below $3,330 (21 SMA - 200 EMA)
06:10 2025-07-10
Technical analysis
Relevance up to 21:00 2025-07-10 UTC--5
AUD/USD Forecast for July 10, 2025
05:42 2025-07-10
Technical analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.