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USDCAD, 1-hour timeframe chart USDCAD retested the resistance level of 1.39390 👉Level explanation USDCAD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.39390. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.39340. Set your stop loss at 1.39640 above the previous high ($2.15 loss for 0.01 lot) and take profit at 1.39040 ($2.15 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

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#economic_calendar These events may affect the market on 6 November. 🔥 Don't forget to get a 100% deposit bonus!

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GBPJPY, 15-minute timeframe chart GBPJPY formed a bullish Hammer pattern 👉General outlook GBPJPY has been trading in a bearish trend for the last couple of hours. Now, the price displays a bullish Hammer pattern. The price is ready to rise. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 197.450. Set your stop loss at 197.170 below the previous low ($1.84 loss for 0.01 lot) and take profit at 197.730 ($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. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

EURUSD, 30-minute timeframe chart EURUSD broke the resistance level of 1.08940 👉General outlook EURUSD has been under buying pressure within the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 1.09000. Set your stop loss at 1.08870 below the previous low ($1.30 loss for 0.01 lot) and take profit at 1.09130 ($1.30 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

📊 Gold awaits the U.S. election results Gold (XAU) continues to decline after reaching new highs on Monday. After rebounding from $2,790, its price has fallen by more than $50. 👉 Possible effects for traders XAUUSD has been moving within a narrow range over the past few days. Investors have been hesitant to open positions before the U.S. presidential election and the upcoming Federal Reserve (Fed) meeting later this week. Based on polling, Republican nominee Donald Trump and Democratic nominee Kamala Harris appear to be running closely matched, creating uncertainty for investors. According to analysts, gold prices are expected to rise regardless of which candidate becomes president, as both have policies to increase spending rather than reduce it. Also, the Fed interest rate decision this Thursday and the following Press Conference with comments from Chairman Jerome Powell will affect the Forex market. According to the CME's FedWatch Tool, markets anticipate a 25-basis-point (bps) decrease this week, the second rate cut this year. Still, the regulator may decide to leave the base rate unchanged at the current level, but it's unlikely to impact the market significantly. Currently, XAUUSD is expected to continue moving in a narrow range of $2,730–$2,745, awaiting the U.S. election, with no increased volatility anticipated. The upcoming election results and Fed interest rate decision create uncertainty for markets. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🚀 EURUSD rises as U.S. election uncertainty weighs on the greenback The euro (EUR) gained 0.4% against the U.S. dollar (USD) during a very volatile trading session on Monday. 👉 Possible effects for traders Initially, EURUSD rallied above 1.09000 but later lost most of the gains, yet still managed to finish the day on a positive note. Traders attribute yesterday's price action in the Forex market to repositioning ahead of the U.S. presidential elections, which begin today. ‘The Trump trade is unwinding. We've seen a big pullback in the likelihood of a Republican sweep as implied by prediction markets and polling,’ said Karl Schamotta, chief market strategist at Corpay. Speculation that former Republican President Donald Trump is more likely to win the presidential election than Democratic Vice President Kamala Harris has led investors to flock to the U.S. dollar. This is because Trump's policies on tariffs and immigration are seen as inflationary, which would pull U.S. Treasury yields higher and force the Federal Reserve (Fed) to pursue a tight monetary policy. Given that traders have mostly priced out Harris's win, the U.S. Dollar Index (DXY) is now falling as her chances have improved. The currency market will likely experience more volatility in the coming 24 hours as election results will be released. Fundamentally, there is only a minor divergence in monetary policy expectations between the European Central Bank (ECB) and the Fed. Both central banks are expected to deliver roughly 75 basis points (bps) worth of rate cuts by mid-March 2025. EURUSD was essentially flat during the Asian and early European trading sessions. Today, the most important event will be the U.S. election. The first results of the Congressional and Presidential elections will appear at 11:00 p.m. UTC and immediately affect the market. If Trump wins and Republicans gain control of Congress, the DXY will rally while EURUSD will experience a large downward correction. Conversely, if Harris wins and Democrats gain control of the House of Representatives, USD will almost certainly plunge sharply, pulling the euro and other currencies higher. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽 AUDUSD is ready to reverse The Australian dollar (AUD) gained 0.39% on Monday as market participants were preparing for the Reserve Bank of Australia's (RBA) interest rate decision. 👉 Possible effects for traders The central bank's position on monetary policy remains unchanged—RBA issued a statement supporting its previous comments. The regulator continues to emphasise that underlying inflation remains too high. However, the RBA highlighted its latest forecasts regarding monetary policy in its Statement on Monetary Policy. The regulator states that it ‘doesn't expect inflation to return to the middle of the target range until 2026’. The guidance section of the statement further supports this view, with RBA noting that the November monetary policy forecast indicates it will take some time before inflation is consistently within the target range and approaches the middle point. Despite this, the RBA didn't rule out the possibility of restrictive monetary policy. Overall, the market expects the first rate reduction in May next year. However, these expectations have shifted since the middle of this year. AUDUSD continued to grow during Asian and early European trading hours. The U.S. ISM Services PMI report data will come out today at 3:00 p.m. UTC and may affect the pair. A higher-than-expected number should be taken as bearish for the AUDUSD, while softer data may support the pair. Also, the first results of the U.S. elections will start coming out at 11:00 p.m. UTC, impacting the market. Trump's victory may bring a big downward correction in AUDUSD, but the pair may have a bullish momentum if Harris wins. 📲 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 char BTCUSD retested the resistance level of 68,700.00 👉Level explanation BTCUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 68,700.00. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 68,650.00. Set your stop loss at 69,250.00 above the previous high ($6.00 loss for 0.01 lot) and take profit at 67,700.00 ($9.50 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.58. 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

GBPUSD, 15-minute timeframe chart GBPUSD broke the resistance level of 1.29610 👉Level explanation GBPUSD has been under buying pressure within the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 1.29640. Set your stop loss at 1.29440 below the previous low ($2.00 loss for 0.01 lot) and take profit at 1.29840 ($2.00 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. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

XAUUSD, 1-hour timeframe chart XAUUSD formed a bullish Engulfing pattern 👉Level explanation XAUUSD has been under selling pressure within the last day. Now, the price displays a bullish Engulfing pattern. The price is ready to rise. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 2,735.00. Set your stop loss at 2,724.00 below the previous low ($11.00 loss for 0.01 lot) and take profit at 2,746.00 ($11.00 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. 📲 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!

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USDJPY, 30-minute timeframe chart USDJPY retested the support level of 151.620 👉Level explanation USDJPY has been under selling pressure within the last couple of hours. The pair moved down to the support level of 151.620. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 151.874. Set your stop loss at 151.389 below the previous low ($3.22 loss for 0.01 lot) and take profit at 152.363 ($3.22 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 broke the support level of 196.900 👉Level explanation GBPJPY 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 196.610. Set your stop loss at 196.975 above the previous high ($2.41 loss for 0.01 lot) and take profit at 196.245 ($2.41 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 broke the support level of 2,737.00 👉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 2,736.00. Set your stop loss at 2,744.00 above the previous high ($8.00 loss for 0.01 lot) and take profit at 2,726.00 ($10.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.25. 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 char EURUSD formed a bullish Engulfing pattern 👉Level explanation EURUSD has been trading in a sideways market within the last day. Now, the price displays a bullish Engulfing pattern. The price is ready to rise. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 1.08950. Set your stop loss at 1.08750 below the previous low ($2.00 loss for 0.01 lot) and take profit at 1.09150 ($2.00 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. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH