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‼️ 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!

#economic_calendar These events may affect the market on 29 October. 🔥 Don't forget to get a 100% deposit bonus!

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GBPUSD, 15-minute timeframe char GBPUSD tested the resistance level of 1.29950 👉Level explanation GBPUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.29950. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.29900. Set your stop loss at 1.30050 above the previous high ($1.50 loss for 0.01 lot) and take profit at 1.29650 ($2.50 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.67. 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

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📊 Gold holds steady as the U.S. dollar strengthens Gold (XAU) traded sideways last week, fluctuating between $2,720 and $2,750. Robust U.S. economic data strengthened the U.S. dollar (USD) and Treasury yields, limiting XAUUSD gains. 👉 Possible effects for traders The U.S. Dollar Index (DXY) has surged by 3.6% towards 104.49 in October—the biggest monthly gain since April 2022. This rise follows a rally in Treasury yields fueled by indicators of a resilient U.S. economy and growing bets on Donald Trump winning the presidential election on 5 November. Also, the market expects the Federal Reserve (Fed) to proceed with a more cautious path for rate cuts, likely favouring smaller 25-basis-point (bps) reductions. Politically, market odds increasingly favour Trump returning to the White House, driving the U.S. dollar and Treasury yields higher due to anticipated inflationary policies like higher tariffs and lower taxes. XAUUSD losses remain limited due to safe-haven demand fueled by ongoing Middle East tensions and uncertainties surrounding the upcoming U.S. election. However, on Saturday, Iran signalled it would refrain from retaliating against Israeli strikes on its military targets if a ceasefire agreement is reached in the Gaza Strip and Lebanon. If countries agree on a ceasefire, XAUUSD may face reduced safe-haven demand and increased downward pressure. XAUUSD fell during the Asian trading hours. Today's trading session will likely be quiet as the economic calendar features no major news releases. The key levels to watch are $2,720 and $2,750. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽 EURUSD drops to a three-month low amid diverging central banks' policies The euro (EUR) lost 0.41% against the U.S. dollar (USD) on Friday after a series of better-than-expected U.S. macroeconomic reports pushed the greenback higher. 👉 Possible effects for traders In September, the U.S. Commerce Department reported a 0.5% increase in non-defense capital goods orders (excluding aircraft). This key indicator of business investment exceeded economists' expectations of a 0.1% rise. Additionally, the University of Michigan's Consumer Sentiment Index climbed to 70.5 in October, surpassing the forecast of 69. Notably, consumer expectations for inflation over the next year decreased to 2.7%, aligning with September's final reading. EURUSD has now been falling for four consecutive weeks as positive U.S. economic data has lowered expectations about the size and speed of the Federal Reserve's (Fed) rate cuts and lifted U.S. Treasury yields. ‘We had a massive recalibration in economic expectations for the U.S., and that process seems to have largely run its course; the Fed's policy trajectory looks much more reasonable, and interest rate differentials between the U.S. and other major economies are stabilizing here’, said Karl Schamotta, chief market strategist at Corpay in Toronto. Meanwhile, the eurozone economy continues to struggle with producer prices falling amid low consumer confidence and weak demand. Last week, the European Central Bank (ECB) cut interest rates for the third time this year, and four sources close to the decision told Reuters that a fourth cut would likely be in December unless data turned around in the coming weeks. Although some ECB officials tried to ease speculation about rate cuts, investors see a 40% chance that its next move in December will be a 50-basis-point (bps) reduction, twice the size of previous cuts. EURUSD was falling during the Asian and early European trading sessions. Today's macroeconomic calendar doesn't feature prominent events, so the established bearish trend might continue. Bears are now targeting 1.07760 and 1.07600. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 Traders await economic data to define the GBPUSD trend On Friday, the British pound (GBP) declined by 0.12%, losing 0.7% over the week as the U.S. economic data released last week strengthened the U.S. dollar (USD). 👉 Possible effects for traders The Department of Commerce announced that orders for non-defence capital goods—a closely monitored indicator of business spending plans— increased by 0.5% in the previous month, following a 0.3% increase in August. This figure exceeded the forecast of economists surveyed by Reuters, who had anticipated a rise of 0.1%. Meanwhile, the University of Michigan report revealed that consumer sentiment in October rose from 70.1 towards 70.5, surpassing the expected 69. Additionally, the one-year inflation outlook decreased towards 2.7% from the preliminary reading of 2.9%, aligning with the final result for September. This week, investors will focus on Thursday's U.S. PCE Price Index and Friday's U.S. nonfarm payroll data. ‘Clearly, payroll data is a crucial variable, and it remains an open question whether September's figure was an unusual move or a statistical anomaly. The next week's report will help clarify this, but in reality, we should take it with a grain of salt,’ said Karl Schamotta, Chief Market Strategist at Corpay, based in Toronto. GBPUSD moves sideways during Asian and early European trading hours. Today, no major events can influence the pair, so it may continue moving within the established trend. 📲 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 chart XAUUSD retested the support level of 2,736.00 👉General outlook XAUUSD has been trading in a bearish trend within the last day. The pair moved down to the support level of 2,736.00. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 2,739.00. Set your stop loss at 2,731.60 below the previous low ($7.40 loss for 0.01 lot) and take profit at 2,746.40 ($7.40 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

BTCUSD, 15-minute timeframe chart BTCUSD retested the resistance level of 67,890.00 👉Level explanation BTCUSD has been trading in a sideways market within the last day. The pair moved up to the resistance level of 67,890.00. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 67,800.00. Set your stop loss at 68,550.00 above the previous high ($7.50 loss for 0.01 lot) and take profit at 67,050.00 ($7.50 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

​​#webinars_schedule #education ⚡️ Webinars are now available in the Octa Trading App on your smartphone. Update the app to the latest version and access all live streams and past videos in just a few taps. 🔎 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: 🇵🇰 28/10, 6:30 p.m. PKT – URDU – Live trading session with Mateen Awan 🇮🇩 29/10, 7 p.m. WIB – INDONESIAN – Live trading session with Vito Henjoto 🇮🇩 30/10, 5 – 9 p.m. WIB – INDONESIAN – Online conference 'Fair trading winds: mastering theory and practice' 🇲🇾 31/10, 5 – 9 p.m. WIB – MALAY – Online conference 'Profit Formula' 🇬🇧 1/11, 12 p.m. UTC – ENGLISH – Webinar 'Nonfarm Payroll' with Vito Henjoto

‼️ 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!

Traders, are you ready for our weekly crypto digest? Price This week, BTCUSD has failed to confidently break out of its long-term descending channel, which has been in place since June 2024. The pair is facing a very strong resistance in the 68,500–71,000 area, where a lot of important levels converge (see the chart). Still, bulls remain in control and Bitcoin continues to trade in a clear uptrend. However, given that the moment is weakening, BTCUSD may now retrace towards the 64,500–63,000 area before it can continue to move higher again. Bulls are targeting 69,900, 71,300, 72,900, and 75,000 (green Fibo projection levels on the chart). Bears are targeting 67,000, 65,500, 63,000, and 61,000 (red Fibo retracement levels on the chart). Regulatory news On 23 October, the Pennsylvania House of Representatives approved HB-2381, a pro-crypto regulatory bill aimed at protecting self-custody and digital asset payments. The bill must still pass through the Pennsylvania Senate and receive Governor Josh Shapiro's signature to become law. Despite recent challenges posed by unfavourable U.S. crypto policies, some industry leaders remain optimistic that regulations will shift in a positive direction with a potential new administration in the White House. Long-term forecast Perspective is favourable to crypto investors, with $75k being the worst-case price at the end of the year. Head of EM FX Research, West, and Crypto Research at Standard Chartered, Geoff Kendrick, predicts Bitcoin could reach $125,000 by year-end if Republicans take control of Congress after the 5 November elections. Kendrick expects BTC to hit around $73,000 by election day, with Trump's victory potentially pushing the price up 4% initially, followed by a further 10% rise. If Vice President Kamala Harris wins, BTC may dip temporarily but is expected to close the year around $75,000. Don't just watch the market—trade crypto in the Octa app! #crypto #cryptotrading #cryptonews #cryptoupdate #forextrading

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XAUUSD, 15-minute timeframe chart XAUUSD retested the resistance level of 2,732.00 👉Level explanation XAUUSD has been trading in a bullish trend for the last couple of hours. The pair moved up to the resistance level of 2,732.00. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 2,729.00. Set your stop loss at 2,740.00 above the previous high ($11.00 loss for 0.01 lot) and take profit at 2,718.00 ($11.00 profit for 0.01 lot). 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, 15-minute timeframe chart USDJPY retested the resistance level of 152.000 👉Level explanation USDJPY has been trading in a bullish trend for the last couple of hours. The pair moved up to the resistance level of 152.000. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 151.880. Set your stop loss at 152.160 above the previous high ($1.84 loss for 0.01 lot) and take profit at 151.600 ($1.84 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. 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

GBPJPY, 15-minute timeframe chart GBPJPY formed a bullish Doji pattern 👉General outlook GBPJPY has been trading in a bearish trend for the last couple of hours. Now, the price displays a bullish Doji pattern. The price is ready to rise. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 196.620. Set your stop loss at 196.290 below the previous low ($2.18 loss for 0.01 lot) and take profit at 196.950 ($2.18 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

‼️ 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!

#economic_calendar These events may affect the market on 25 October. 🔥 Don't forget to get a 100% deposit bonus!