Octa Analytics

GBPJPY, 15-minute timeframe chart GBPJPY retested the support level of 193.550 👉General outlook GBPJPY has been under selling pressure within the last couple of hours. The pair moved down to the support level of 193.550. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 193.670. Set your stop loss at 193.215 below the previous low ($2.96 loss for 0.01 lot) and take profit at 194.125 ($2.96 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

GBPJPY, 15-minute timeframe chart GBPJPY retested the support level of 193.550 👉General outlook GBPJPY has been under selling pressure within the last couple of hours. The pair moved down to the support level of 193.550. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 193.670. Set your stop loss at 193.215 below the previous low ($2.96 loss for 0.01 lot) and take profit at 194.125 ($2.96 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 🔹Trade now If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇹🇭TH 🇹🇷TR 🇵🇰PK

AUDUSD, 1-hour timeframe chart AUDUSD rebounded from the support level of 0.65000 👉Level explanation AUDUSD has been under selling pressure within the last couple of hours. The pair moved down to the support level of 0.65000. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 0.65150. Set your stop loss at 0.64900 below the previous low ($2.50 loss for 0.01 lot) and take profit at 0.65400 ($2.50 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

XAUUSD, 15-minute timeframe char XAUUSD retested the resistance level of 2,673.50 👉Level explanation XAUUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 2,673.50. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 2,671.00. Set your stop loss at 2,688.00 above the previous high ($17.00 loss for 0.01 lot) and take profit at 2,648.00 ($23.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.35. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

EURUSD, 15-minute timeframe chart EURUSD broke the support level of 1.04650 👉Level explanation EURUSD has been under selling pressure within the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.04500. Set your stop loss at 1.05050 above the previous high ($5.50 loss for 0.01 lot) and take profit at 1.03950 ($5.50 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 USDJPY moves sideways for the second week The Japanese yen (JPY) has been trading in a sideways range on Friday and throughout the week. Today, the U.S. Dollar Index (DXY) declined by 0.5%, pulling back from two-year highs, following the announcement by the U.S. President-elect Donald Trump that he has nominated hedge fund manager Scott Bessent as a Treasury Secretary. 👉 Possible effects for traders Bessent has expressed support for Trump's tariff and tax reduction proposals, but the market anticipates that he will prioritise economic and market stability above swift policy changes. Investors are eagerly awaiting this week's release of the minutes from the latest Federal Open Market Committee meeting, the Personal Consumption Expenditures (PCE) inflation report, and other economic data to assess expectations for future decisions regarding interest rates. Last week, the value of the U.S. (USD) dollar reached its two-year high, driven by expectations that Trump's policies would lead to increased inflation, reducing the Federal Reserve's (Fed) ability to lower borrowing costs. In the past seven days, economic statistics from Japan haven't provided a clear indication of the future direction of monetary policy. However, Kazuo Ueda, the governor of the Bank of Japan, indicated the possibility of another interest rate increase in December, citing concerns about the recent decline in the yen's value. Additionally, it has been reported that Prime Minister Shigeru Ishiba's administration is considering a stimulus package worth $90 billion to help households cope with the effects of rising prices. USDJPY has been trading sideways during Asian and early European trading hours. Today, no major releases that may affect the pair are expected. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽 Positive news from the Middle East brought down gold Gold (XAU) reached the resistance level of $2,740 on Friday, rocketing by 1.74%. However, the price has decreased sharply by more than 1.5% during today's Asian trading session. XAUUSD is now testing the support level at $2,660. 👉 Possible effects for traders Several factors have contributed to the XAUUSD decrease on Monday. First is the appointment of Scott Bessent as the new Treasury Secretary by Donald Trump, which removed a major source of uncertainty for the markets. Second is the growing expectation that Trump's policies may lead to increased inflation, limiting the Federal Reserve's (Fed) ability to lower interest rates further. Recently, comments from the U.S. central bank regarding inflation in December have become more hawkish. The CME FedWatch tool suggests that traders expect the Fed to reduce interest rates by 25 basis points next month, with a probability of around 55%. Another factor pressuring gold prices is news that Israel is nearing a ceasefire agreement with the militant group Hezbollah in Lebanon. Although the agreement has not yet been finalised, both sides in the conflict seem to be close to reaching an agreement, according to media reports. Possible de-escalation of the long-standing conflict in the Middle East has boosted investor confidence at the beginning of the new week, damaging the appeal of safe haven gold. Given the potential for easing conflict in the Middle East, gold could reverse its underlying upward trend and continue to decline. If XAUUSD drops below the support levels of $2,660 and $2,640, it could potentially reach $2,600 or lower. Alternatively, the price could rebound towards $2,700. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 USDJPY moves sideways for the second week The Japanese yen (JPY) has been trading in a sideways range on Friday and throughout the week. Today, the U.S. Dollar Index (DXY) declined by 0.5%, pulling back from two-year highs, following the announcement by the U.S. President-elect Donald Trump that he has nominated hedge fund manager Scott Bessent as a Treasury Secretary. 👉 Possible effects for traders Bessent has expressed support for Trump's tariff and tax reduction proposals, but the market anticipates that he will prioritise economic and market stability above swift policy changes. Investors are eagerly awaiting this week's release of the minutes from the latest Federal Open Market Committee meeting, the Personal Consumption Expenditures (PCE) inflation report, and other economic data to assess expectations for future decisions regarding interest rates. Last week, the value of the U.S. (USD) dollar reached its two-year high, driven by expectations that Trump's policies would lead to increased inflation, reducing the Federal Reserve's (Fed) ability to lower borrowing costs. In the past seven days, economic statistics from Japan haven't provided a clear indication of the future direction of monetary policy. However, Kazuo Ueda, the governor of the Bank of Japan, indicated the possibility of another interest rate increase in December, citing concerns about the recent decline in the yen's value. Additionally, it has been reported that Prime Minister Shigeru Ishiba's administration is considering a stimulus package worth $90 billion to help households cope with the effects of rising prices. USDJPY has been trading sideways during Asian and early European trading hours. Today, no major releases that may affect the pair are expected. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

​​#weekly_outlook 🔎 Keeping up-to-date with the market helps you make better trading decisions Here’s a Weekly Market Outlook for 25 – 29 November from Vito Henjoto. Stay informed and trade wisely. We wish you a successful trading week!

​​#webinars_schedule #education 💫 Webinars are now right within the Octa Trading App on your smartphone. Download the latest update and master your trading even more conveniently. 🔎 Apply filters to find videos for your learning needs. Set notifications for upcoming webinars to catch the moment when a live stream starts. 👋 Join and learn more about trading: 🇮🇩 26/11, 7 p.m. WIB – INDONESIAN – Live trading session with Vito Henjoto 🇬🇧 28/11, 6 p.m. WAT – ENGLISH – Live trading session with Tunmise Olaoluwa 🇲🇾 28/11, 9 p.m. MYT – MALAY – Live trading session on with Cikgu Danie 🇮🇩 29/11, 7 p.m. WIB – INDONESIAN – Q&A session with Vito Henjoto

GBPUSD, 15-minute timeframe chart GBPUSD pulled back from the resistance level of 1.25370 👉Level explanation GBPUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.25370. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.25233. Set your stop loss at 1.25544 above the previous high ($3.11 loss for 0.01 lot) and take profit at 1.24923 ($3.11 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. Some traders may close their positions on Friday, which can add more pressure to the market. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

BTCUSD, 30-minute timeframe chart BTCUSD broke the support level of 97,700.00 👉Level explanation BTCUSD has been under selling pressure within the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 97,510.00. Set your stop loss at 98,860.00 above the previous high ($13.50 loss for 0.01 lot) and take profit at 96,160.00 ($13.50 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. Some traders may close their positions on Friday, which can add more pressure to the market. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

Meet Overanalyzilla: the legendary creature born from coffee-fueled chart sessions and too many indicators. It breathes fire on perfectly good setups, muttering, 'What if the market doesn't respect my trendline?' If you've ever cancelled a trade because 'it felt too obvious', congrats—you're its sidekick. Sounds relatable? React with 🤯 #wordoftheday #forexmeme #trading #technicakanalysis #forextrends

Technical analysis BTCUSD has come to a psychological resistance level of $100,000. Analysts expect the price to pull back from this level, although we may have observed a false breakout of it before. If the price eventually pulls back from this level, it may retest the $90,000 support level. This is the price at which the fourth correctional Elliot wave has finished. An alternative way for the price is to go through the resistance level of $100,000 and aim towards $120,000 (dashed arrow on the graph). The asset is in a strong bullish trend and shows no reversal signs yet. #crypto #cryptotrading #cryptonews #cryptoupdate #forextrading

It’s time for another crypto update! Check our analytics and trade in the Octa app. Regulatory news This week’s events indicate a growing confidence in cryptocurrency. 1️⃣ Donald Trump pledged to make the U.S. a global leader in blockchain technology and digital assets. The administration has proposed several policies for the cryptocurrency industry: 🔹 tax incentives 🔹 clearer regulations 🔹 the establishment of a strategic Bitcoin reserve. 2️⃣ Institutional investors, including hedge funds and asset management firms, are increasing their investments in Bitcoin in light of the new regulations. 3️⃣ There are preliminary discussions among Texas lawmakers about strategic Bitcoin reserves. This could have a significant impact, considering that the state has the eighth-largest economy in the world, with a GDP of over $2.4 trillion.

AUDUSD, 15-minute timeframe chart AUDUSD tested the resistance level of 0.65200 👉Level explanation AUDUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 0.65200. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 154.650. Set your stop loss at 0.65350 above the previous high ($1.50 loss for 0.01 lot) and take profit at 0.64900 ($3.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:2. The upcoming news will not influence your orders within the mentioned period. Some traders may close their positions on Friday, which can add more pressure to the market. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

USDJPY, 1-hour timeframe chart USDJPY pulled back from the resistance level of 154.900 👉Level explanation USDJPY has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 154.900. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 154.650. Set your stop loss at 155.150 above the previous high ($3.23 loss for 0.01 lot) and take profit at 154.150 ($3.23 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. Some traders may close their positions on Friday, which can add more pressure to the market. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🚀 Gold grows for the fifth consecutive day Gold (XAU) grew by 0.73% on Thursday as investors turned to safe-haven assets amid increasing geopolitical risks. 👉 Possible effects for traders Earlier this week, Ukraine launched its second missile, supplied by Western countries, towards Russia. At the same time, Kyiv's air force reported that Russia had fired a mid-range intercontinental ballistic missile—Oreshnik—in retaliation. These developments escalated the conflict to a new level and increased the appeal of safe-haven assets like gold. Meanwhile, U.S. data showed that initial weekly jobless claims had unexpectedly dropped to a seven-month low. The report also indicated some slack, as it took longer for unemployed people to find new jobs. This gives the Federal Reserve (Fed) room to consider cutting rates again in December. Recently, there's been some uncertainty about when the Fed might cut interest rates. Now, the CME FedWatch tool shows markets are pricing in a 57.8% chance of a 25-basis-point (bps) rate cut at the December meeting. Also, traders are taking into account the comments of the head of the Chicago Fed that rates might go down ‘fairly significantly’. If the central bank decreases the base rate, it will lower the opportunity cost of owning gold and push XAUUSD higher. XAUUSD continued the upward trend during Asian and early European trading hours. Today, the U.S. S&P Global Composite Flash report comes out at 2:45 p.m. UTC. Stronger data may trigger a correction in gold, while soft results will provide extra support to the precious metal. According to Reuters analyst, Wang Tao, ‘Spot gold may test resistance at $2,695 per ounce, a break above which could open the way towards $2,732’. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽 The euro dips further on positive U.S. job data The euro (EUR) lost 0.66% against the U.S. dollar (USD) on Thursday as the U.S. Dollar Index (DXY) hit a 13-month high following the release of better-than-expected Jobless Claims report. 👉 Possible effects for traders The DXY is trading near the upper border of its two-year range, and it's unlikely to move higher without a new fundamental impulse. Therefore, EURUSD bears should be very careful as the risk of a strong technical rebound upwards is possible. ‘We're just going to kind of chop around; there's a lot embedded in the dollar price at current levels, so I definitely wouldn't be chasing it’, said Brad Bechtel, global head of FX at Jefferies in New York. The market appears to have already overpriced the risks associated with U.S. President-elect Donald Trump's policies and rising inflation. Looking forward, expectations-driven markets can easily correct even if initial expectations begin to materialise. EURUSD was falling during the Asian and early European trading sessions. Today, S&P Global Market Intelligence will release its highly anticipated Purchasing Managers' Indices (PMIs). PMIs will be published for several key industrialised economies: Germany, France, the U.S., and the eurozone. The most important report is the U.S. Composite PMI, due at 2:45 p.m. UTC. However, German and eurozone reports at 8:30 a.m. and 9:00 a.m. UTC may also add substantial volatility. If European PMIs are weaker than expected, EURUSD may break below 1.04470 and head lower. Conversely, better-than-expected results may trigger a rebound towards 1.05220. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH