Octa Analytics

GBPJPY, 15-minute timeframe chart 👉Level explanation GBPJPY has been trading in a sideways market for the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 190.400. Set your stop loss at 190.850 above the previous high ($3.05 loss for 0.01 lot) and take profit at 189.950 ($3.05 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. @octa_analytics

#weekly_outlook 🔎 Keeping up-to-date with the market helps you make better trading decisions Here’s a Weekly Market Outlook for 10 – 14 March from Vito Henjoto. Stay informed and trade wisely.

#weekly_outlook 🔎 Keeping up-to-date with the market helps you make better trading decisions Here’s a Weekly Market Outlook for 10 – 14 March from Vito Henjoto. Stay informed and trade wisely.

#webinars_schedule #education 📱 You can now watch our educational webinars in the Octa Trading App on your Android smartphone. Install the latest version, tap Webinars in the menu, and enjoy fast and easy access to all upcoming and past videos. 🔎 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: 🇵🇰 10/03, 6:30 p.m. PKT – URDU – Live trading session with Mateen Awan 🇬🇧 11/03, 1 p.m. UTC – ENGLISH – Webinar 'News trading. Theory and practice' with Vito Henjoto 🇬🇧 11/03, 9 p.m. MYT – ENGLISH – Live trading session on OctaTrader with Kar Yong Ang 🇬🇧 12/03, 1 p.m. UTC – ENGLISH – Webinar 'News trading. Inflation' with Vito Henjoto 🇬🇧 12/03, 6 p.m. WAT – ENGLISH – Live trading session with Ambrose Ebuka 🇲🇾 13/03, 9 p.m. MYT – MALAY – Live trading session with Cikgu Danie

‼️ Join Octa Analytics VIP Unlock premium signals, exclusive offers, and important events to boost your trading success. To become a member of Octa Analytics VIP, follow these easy steps: 1️⃣ Make sure you have $50 or more in your account. 2️⃣ Take a screenshot of your balance and send it along with your Octa real account ID to our @octa_vip_bot chatbot. 3️⃣ Await verification—usually, it’s completed within one business day. Ready to take your trading to the next level? Let us steer you toward success. The sooner you join, the more you’ll benefit from our elite trading community! 💯 Limited-time offer 💯 Don’t miss the opportunity to use the BONUSVIP100 promo code for a 100% deposit bonus!

💡 What's happening? Bitcoin dropped below $85,000 after U.S. President Donald Trump signed an executive order to establish a strategic Bitcoin reserve. The order outlines plans to hold Bitcoin, Ethereum, XRP, Solana, and Cardano. 🔹 Market expectations weren't fully met, as the order mostly confirmed that the U.S. government won't sell its Bitcoin holdings. 🔹 Investors remain uncertain about how the reserve will function and whether taxpayers will benefit. 🔹 Bitcoin has been consolidating, but analysts suggest this may not last long. However, there are potential upside scenarios: 🔹 BTC could rally toward $100,000 long-term once the market adapts to U.S. tariff concerns and inflation uncertainty. 🔹 Since Trump's tariff announcement on 1 February, Bitcoin has dropped nearly 14%. 📊 Technical outlook Bitcoin has been moving sideways within a triangle pattern, hovering below the $90,000 resistance. - If BTC breaks below $85,000, bears could push it toward $75,000. - A breakout above $90,000 could open the door to $100,000. 🔗 Trade crypto in the Octa app

📊 Gold dips on profit-taking as NFP looms The gold (XAU) price declined by 0.3% on Thursday as U.S. Treasury yields rose and traders took profits on their long positions. 👉 Possible effects for traders 'We are just seeing some mild profit-taking pressure from recent gains; the underlying fundamentals are still bullish... Another thing that's putting some mild pressure on the gold market is a rise in bond yields', said Jim Wyckoff, senior market analyst at Kitco Metals. XAUUSD has increased by more than 10% this year amid geopolitical uncertainties but has been struggling to break above the $2,950 level lately. The simmering global trade war has fueled speculations that the global economy may be destabilised, inflation will surge, and long-term economic growth will be significantly hampered, leading to a protracted period of stagnation. These fears prompt investors to buy safe-haven assets like gold and silver. On Tuesday, the U.S. imposed a 25% tariff on imports from Mexico and Canada and duties on Chinese goods. On Wednesday, however, the White House confirmed it will exempt Canadian and Mexican automakers from tariffs for a month, subject to their compliance with existing free trade rules. At the same time, the Federal Reserve (Fed) is still expected to cut the rates only once this year. Moreover, several Fed officials gave hawkish signals, suggesting that the U.S. central bank will unlikely have enough clarity to move on interest rates before late spring or summer. XAUUSD was falling during the Asian and early European trading sessions. Today's main event is the U.S. nonfarm payroll (NFP) report, influencing the Fed monetary policy expectations. The report at 1:30 p.m. UTC will likely trigger heightened volatility in the Forex market, including gold. The market expects the number of jobs created to increase by around 160,000 in February and hourly earnings to grow by 4.1% annually. If the NFP report is stronger than expected, XAUUSD may pull back noticeably. Weaker-than-expected NFP numbers may give XAUUSD a minor boost. 'Spot gold is biased to break support at $2,894 per ounce and fall into the $2,861 to $2,879 range', said Reuters analyst Wang Tao. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH Follow @octa_analytics for more expert information

📊 Profit-taking and bond yields pressure euro On Thursday, the euro (EUR) lost 0.06% against the U.S. dollar (USD) as it failed to hold above the critical 1.08500 level.. 👉 Possible effects for traders Despite a drop in the U.S. Dollar Index (DXY), the euro weakened as traders took profit on their long positions after a strong three-day rally. Also, EURUSD failed to hold above an important technical level. In addition, the rout in the German bond market weighed on investors' sentiment. Yields on 10-year bunds continued rising, adding as much as 14 basis points on Thursday and reaching 2.93%, the highest since October 2023. The rate jumped by 30 basis points on Wednesday, the biggest increase since the Berlin Wall fell in November 1989. At the same time, investors are now worried about the potential impact of the Trump administration's tariffs on the U.S. economy. These worries are exerting downward pressure on the U.S. dollar. 'The narrative has shifted on tariffs, which are now viewed as a hindrance to economic growth. The market is starting to see that there are a lot of U.S. companies dependent on exports and imports. If our trade numbers decrease overall, that's probably not good for the economy, which could slow down as a result', said Eugene Epstein, head of trading and structured products of North America at Moneycorp. Overall, EURUSD is caught between two powerful and opposing forces. On one hand, there's the growing anticipation of a potential shift in U.S. monetary policy towards a more dovish stance. This anticipation comes from increasing signals of a slowing U.S. economy, with economic indicators pointing towards weakening growth. On the other hand, this potential weakness of the U.S. dollar is balanced by the challenges the eurozone faces, including concerns about the debt level. Also, the ongoing geopolitical tensions often lead to increased demand for the U.S. dollar as a safe-haven asset, regardless of the Fed's monetary policy. EURUSD was rising during the Asian and early European trading sessions. Today, the main focus is on the U.S. nonfarm payroll (NFP) report at 1:30 p.m. UTC. The data may influence interest rate expectations and investors' sentiment, so we expect sharp price movements in various instruments, including EURUSD. The market expects the number of jobs created to increase by around 160,000 in February and hourly earnings to grow by 4.1% annually. If the NFP report reveals stronger-than-expected results, EURUSD may drop towards 1.07000. Otherwise, EURUSD may rise above 1.08500 on weaker NFP data. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH Follow @octa_analytics for more expert information

📊 Bitcoin dips as Trump's crypto reserve plan sparks debate Bitcoin (BTC) dropped by 0.75% yesterday as a 25-day exponential moving average proves to be too strong of a resistance for now. 👉 Possible effects for traders On Thursday, U.S. President Donald Trump signed an executive order to establish a strategic Bitcoin reserve. Earlier this week, Trump announced the names of five digital assets he expects to include in the reserve, boosting these coins. The five assets are Bitcoin, Ethereum, XRP, Solana, and Cardano. However, it's unclear how exactly such a reserve would work or how it would benefit the taxpayers. David Sacks, an entrepreneur, said the federal government will have a strategy to maximise the value of its holdings, without offering details. 'The U.S. won't sell any Bitcoin deposited into the reserve. It will be kept as a store of value. The reserve is like a digital Fort Knox for the cryptocurrency often called 'digital gold', Sacks said. Proponents argue that a reserve would help taxpayers benefit from crypto's price growth. However, some crypto enthusiasts were disappointed by the announcement. 'This is the most underwhelming and disappointing outcome we could have expected for this week. No active buying means this is just a fancy title for Bitcoin holdings that already existed', said Charles Edwards, founder of Bitcoin-focused hedge fund Capriole Investments. BTCUSD fell during the Asian session and started to rise again during the early European session. Today, Donald Trump will meet with executives from the cryptocurrency industry at the White House for a crypto summit. Attendees expect the event to serve as a stage for Trump to formally announce his plans to build a strategic reserve containing Bitcoin and four other cryptocurrencies. Traders should watch the official White House statement as it may spur extra volatility in the crypto market. In addition, await the U.S. nonfarm payroll (NFP) report, due at 1:30 p.m. UTC. Lower-than-expected figures may increase the chances of more rate cuts by the Federal Reserve, supporting BTCUSD. Conversely, higher-than-expected results will likely have a bearish impact on the pair. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH Follow @octa_analytics for more expert information

BTCUSD, 15-minute timeframe chart 👉Level explanation BTCUSD has been trading in a sideways market for the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 88,200.00. Set your stop loss at 90,600.00 above the previous high ($24.00 loss for 0.01 lot) and take profit at 85,800.00 ($24.00 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. @octa_analytics

#economic_calendar These events may affect the market on 7 March. 🔥 Don't forget to get a 100% deposit bonus!

📅 Friday, 7 March, 1:30 PM UTC The U.S. Nonfarm Payrolls (NFP) Report is on the way! 🔹 Forecast: 160K jobs added, 4.1% annual wage growth 🔹 A strong NFP may push XAUUSD down; weak data could fuel gains. Stay informed and trade in the Octa app

‼️ Join Octa Analytics VIP Unlock premium signals, exclusive offers, and important events to boost your trading success. To become a member of Octa Analytics VIP, follow these easy steps: 1️⃣ Make sure you have $50 or more in your account. 2️⃣ Take a screenshot of your balance and send it along with your Octa real account ID to our @octa_vip_bot chatbot. 3️⃣ Await verification—usually, it’s completed within one business day. Ready to take your trading to the next level? Let us steer you toward success. The sooner you join, the more you’ll benefit from our elite trading community! 💯 Limited-time offer 💯 Don’t miss the opportunity to use the BONUSVIP100 promo code for a 100% deposit bonus!

Boost and win: Octa Telegram Premium giveaway!  We have something BIG for our most loyal traders! Want to unlock Telegram Premium for FREE? Here's your chance! 📌 How to enter:  1️⃣ Subscribe to our Telegram channel (https://t.me/octa_analytics)   2️⃣ Boost the channel using this link (https://t.me/boost/octa_analytics)  That's it! Easy, right?   ⏳ On 23 March, we will randomly pick 50 lucky winners who will each get 3 months of Telegram Premium — on us!   Why boost? Because supporting the channel = unlocking more exclusive trading insights, signals, and premium content 🚀   Do not miss out — boost now and win 💎

XAUUSD, 1-hour timeframe chart 👉Level explanation XAUUSD 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 2,894.97. Set your stop loss at 2,927.81 above the previous high ($32.84 loss for 0.01 lot) and take profit at 2,862.13 ($32.84 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.

EURUSD, 15-minute timeframe chart 👉Level explanation EURUSD has been trading in a sideways market for the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.07901. Set your stop loss at 1.08304 above the previous high ($4.03 loss for 0.01 lot) and take profit at 1.07498 ($4.03 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. @octa_analytics

📊Gold remains flat ahead of the NFP report Despite a declining U.S. dollar (USD), the gold (XAU) price was mostly flat yesterday as the market focused on the upcoming U.S. nonfarm payroll data, causing investors to refrain from opening large positions. 👉 Possible effects for traders Meanwhile, trade war anxieties supported gold, keeping it above the crucial $2,900 mark. 'There's still buying interest out there now... there's going to be some measure of caution ahead of Friday's payrolls data, but the underlying trend remains favourable', said Peter Grant, vice president and senior metals strategist at Zaner Metals. Indeed, worries over U.S. President Donald Trump's tariff measures have driven gold prices to record highs this year, peaking at $2,956 on 24 February and gaining 11% since the beginning of the year. In an address to Congress, Trump said that further tariffs would follow on 2 April, including 'reciprocal tariffs' and non-tariff actions aimed at balancing out years of trade imbalances. Additionally, the latest U.S. macro data has been coming out weaker than expected, improving the chances of additional rate cuts from the Federal Reserve (Fed) and providing further support to XAUUSD. Yesterday's ADP National Employment Report revealed a slowdown in U.S. private payrolls growth in February. Data showed an increase of only 77,000 jobs, substantially below the forecast. XAUUSD was relatively unchanged during the Asian and early European trading sessions. Today, the focus is on the European Central Bank (ECB) rate decision, due at 1:15 p.m. UTC. A dovish tone in the ECB statement may boost XAUUSD, whereas a hawkish stance might trigger a minor sell-off. Still, the major bullish trend will likely remain unchanged. A more important event is tomorrow's nonfarm payroll (NFP) report, so market participants will probably be cautious ahead of it. 'If the number comes out really bad, I would imagine gold sells off. If it comes out neutral, I don't think that's going to move the needle too much. But if it comes out bullish, then gold takes off, and we get pretty quick to $3,000, if not higher than that', said Daniel Pavilonis, senior market strategist at RJO Futures. 'Spot gold is poised to revisit its 25 February high of $2,956 per ounce, as suggested by an inverted head-and-shoulders', said Reuters analyst Wang Tao. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH Follow @octa_analytics for more expert information

📊Euro rockets as U.S. dollar declines on weak economic data The euro (EUR) rallied by 1.56% against the U.S. dollar (USD) on Wednesday. EURUSD reached a new four-month high as the greenback weakened despite better-than-expected ISM Services Purchasing Managers' Index (PMI) data. 👉 Possible effects for traders EURUSD is rising due to improved European economic growth expectations, driven by Germany's €500 billion ($531 billion) infrastructure plan. Meanwhile, the greenback is declining on fears of tariff-induced U.S. economic slowdown and rising inflation. Kalish, a prediction market platform, now indicates a 42% probability of a U.S. recession this year. 'We are experiencing a change in sentiment when it comes to relying on American markets. If things are headed towards restrictive protectionism, the financial system will start making adjustments, and right now, it seems shedding dollar positions is prudent. If tariffs and trade wars are perceived as negative on the American economy, we return to speculation over the chances for looser monetary policy', said Juan Perez, director of trading at Monex USA. EURUSD was rising during the Asian and early European trading sessions. Today's main event is the European Central Bank (ECB) rate decision at 1:15 p.m. UTC. The market expects the ECB to cut the rates by 25 basis points (bps). The monetary policy decision itself is unlikely to surprise the market. Instead, the market will focus on the details disclosed in the Monetary Policy Statement and during the press conference. Traders should focus on any subtle shifts in rhetoric or new policy signals that could impact market sentiment. A hawkish ECB tone may boost EURUSD, whereas a dovish stance might trigger a sell-off. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH Follow @octa_analytics for more expert information