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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!

GBPUSD, 1-hour timeframe chart GBPUSD retested the support level of 1.26790 👉Level explanation GBPUSD has been under buying pressure within the last couple of hours. The pair moved down to the support level of 1.26790. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 1.27055. Set your stop loss at 1.26705 below the previous low ($3.50 loss for 0.01 lot) and take profit at 1.27405 ($3.50 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

​​#weekly_outlook 🔎 Keeping up-to-date with the market helps you make better trading decisions Here’s a Weekly Market Outlook for 2 – 6 December from Vito Henjoto. Stay informed and trade wisely. We wish you a successful trading week!

AUDUSD, 30-minute timeframe chart AUDUSD retested the support level of 0.64920 👉Level explanation AUDUSD has been under selling pressure within the last couple of hours. The pair moved down to the support level of 0.64920. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 0.64960. Set your stop loss at 0.64760 below the previous low ($2.00 loss for 0.01 lot) and take profit at 0.65160 ($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, 30-minute timeframe chart 👉Level explanation XAUUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 2,634.00. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 2,628.83. Set your stop loss at 2,641.03 above the previous high ($12.20 loss for 0.01 lot) and take profit at 2,616.63 ($12.20 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

USDCAD, 15-minute timeframe chart USDCAD broke the resistance level of 1.40400 👉Level explanation USDCAD 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 1.40450. Set your stop loss at 1.40100 below the previous low ($2.50 loss for 0.01 lot) and take profit at 1.40800 ($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

📊 Gold faces mixed signals: higher tariffs and geopolitical risks Gold (XAU) rose by 0.48% on Friday, boosted by a drop in the U.S. Dollar Index (DXY). Still, XAUUSD has been set for its worst monthly loss since September last year due to a sell-off driven by Donald Trump's win. 👉 Possible effects for traders Gold dropped 3% in November, its worst monthly decline since September 2023, as expectations of big fiscal spending and higher tariffs lifted the U.S. dollar and stalled gold's rally. Gold has been supported by geopolitical risks and Federal Reserve (Fed) interest rate reductions. Still, it's now facing pressure as increased tariffs may exacerbate inflationary pressures, potentially prompting a more cautious approach to future rate cuts. 'It's uncertain, as of now, how Trump's pledged tariffs will play out. However, the uncertainty of the matter, the tariffs that could prompt a slowdown in economic growth could actually be beneficial for the gold market from a safe-haven basis', said Jim Wyckoff, a senior market analyst at Kitco Metals. XAUUSD was falling during the Asian and early European trading sessions. However, the general macro environment benefits gold as global central banks are still expected to cut the rates rather than raise them, while geopolitical risks aren't going away. 'Persistent global uncertainties continue to drive demand for gold as a safe-haven asset', said Ole Hansen, head of commodity strategy at Saxo Bank. Today, the release of the U.S. ISM Manufacturing Index at 3:00 p.m. UTC may add volatility to XAUUSD. Higher-than-expected figures may push the pair slightly lower, while lower-than-expected results may pull XAUUSD towards the $2,660 level. 'Spot gold may fall into a range of $2,593 to $2,607 per ounce', 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

📊 Euro continues to be under bearish pressure The euro (EUR) gained 0.29% against the U.S. dollar (USD) on Friday but continued to trade below the important 1.06000 level. 👉 Possible effects for traders Overall, EURUSD lost approximately 3% in November, which is the worst monthly performance since April 2022. A rally in the U.S. Dollar Index (DXY), driven by strong U.S. economic performance and expectations that U.S. President-elect Donald Trump's policies will be inflationary, was the primary driver for the euro's decline. At the same time, the eurozone's economy is in a precarious state, which exerts additional downward pressure on EURUSD. While French Consumer Price Index (CPI) data for November aligned with forecasts, German inflation unexpectedly stagnated. Moreover, Francois Villeroy de Galhau, the European Central Bank (ECB) board member, suggested a more significant interest rate reduction at the next monetary policy meeting, contrasting with the hawkish tone adopted by his colleague, Isabel Schnabel. The market currently prices in more than a 75% chance of a 25-basis-point (bps) rate cut by the ECB next week. At the same time, the chances of a similar reduction by the Federal Reserve (Fed) stand at just around 60%. EURUSD was falling during the Asian and early European trading sessions. Political uncertainty in France as the government fails to agree on the budges is weight on the single currency. Later today, traders should focus on the U.S. ISM Manufacturing Index, due at 3:00 p.m. UTC. Higher-than-expected results may additionally damage EURUSD and push it down towards 1.04660. Conversely, lower-than-expected figures may temporarily pull the pair towards 1.06000 again. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 USDJPY closed the week at its lows USDJPY declined by 3.26% last week and closed just below the crucial 150.000 support level. 👉 Possible effects for traders Over the past weekend, the Bank of Japan's (BOJ) Governor Kazuo Ueda stated that the next interest rate increases are imminent, as economic data is positive. On Monday, Japanese data revealed robust business investment in Q3, growing at a healthy 8.1%. This trend encouraged markets to anticipate a 63% probability of a 25-basis-point (bps) rate increase towards the base rate of 0.5% at the next BOJ meeting scheduled for 18–19 December. Also, Christian Keller, an economist from Barclays, said that data on workers' pay this week will show more growth. He thinks there will be another big wage increase in February and stated that the wage growth and inflation pace show that the bank can raise rates again. But it's unclear when the BOJ will deliver the rate hike, in December or January. The U.S. (USD) dollar continued to rise on Monday, at the beginning of a crucial week for prospects of U.S. interest rate cuts. Also, the incoming U.S. president, Donald Trump, unexpectedly shifted in tone over the weekend. He demanded that BRICS members commit not to create a new currency or support another one that could challenge the U.S. dollar's dominance, threatening countries with 100% tariffs on their goods. Now, the market will focus on Friday's nonfarm payroll report. Forecasts indicate a rise in newly created jobs at around 195,000, following the weather-affected October report, which may be revised in light of a low response rate to that survey. Based on the CME FedWatch tool, market participants expect a 67% probability of significant interest rate reduction, although they only anticipate two more reductions for 2025 at this point. USDJPY has been growing during Asian and early European trading hours. Today, market participants will be closely monitoring the U.S. ISM Manufacturing PMI report at 3:00 p.m. UTC. A higher-than-expected reading may push USDJPY higher, while softer data will put additional bearish pressure 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

EURUSD, 15-minute timeframe chart EURUSD broke the support level of 1.05200 👉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 1.05100. Set your stop loss at 1.05400 above the previous high ($3.00 loss for 0.01 lot) and take profit at 1.04800 ($3.00 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

#webinars_schedule #education 📲 Webinars are now always at your fingertips—in the Octa Trading App on your smartphone. To access the Webinars section in the app menu, make sure you have installed the latest update. 🔎 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: 🇵🇰 2/12, 6:30 p.m. PKT – URDU – Live trading session with Mateen Awan 🇮🇩 3/12, 7 p.m. WIB – INDONESIAN – Live trading session with Vito Henjoto 🇬🇧 3/12, 9 p.m. MYT – ENGLISH – Live trading session on OctaTrader with Kar Yong Ang 🇬🇧 5/12, 12 p.m. UTC – ENGLISH – Webinar 'News trading. Theory and practice' with Vito Henjoto 🇬🇧 5/12, 6 p.m. WAT – ENGLISH – Live trading session with Ambrose Ebuka 🇲🇾 5/12, 9 p.m. MYT – MALAY – Live trading session on with Cikgu Danie 🇬🇧 6/12, 1 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!

‼️ 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!

USDCAD, 15-minute timeframe chart USDCAD retested the resistance level of 1.40410 👉General outlook USDCAD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.40410. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.40199. Set your stop loss at 1.40490 above the previous high ($2.08 loss for 0.01 lot) and take profit at 1.39909 ($2.08 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

XAUUSD, 15-minute timeframe chart XAUUSD retested the support level of 2,656.00 👉General outlook XAUUSD has been under selling pressure within the last couple of hours. The pair moved down to the support level of 2,656.00. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 2,657.00. Set your stop loss at 2,650.60 below the previous low ($6.40 loss for 0.01 lot) and take profit at 2,663.40 ($6.40 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. 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 may get a bullish momentum Given the Thanksgiving holiday in the U.S., gold (XAU) moved within a narrow range yesterday. XAUUSD rose only by 0.06%. 👉 Possible effects for traders Geopolitical risks and fears of a trade war continue to support the price of gold as a safe haven asset. Russian President Vladimir Putin said that Russia might use its new hypersonic missile to attack decision-making centres in Ukraine in response to the launch of Western missiles on its territory. Also, U.S. President-elect Donald Trump promised earlier this week that tariffs would be imposed on all goods from Canada, Mexico, and China, which could provoke trade wars. Investors appear convinced that Trump's policies will lead to higher inflation. Meanwhile, the U.S. Dollar Index (DXY) has been decreasing throughout the week in anticipation of prospects for further Federal Reserve (Fed) rate cuts, which is another factor supporting gold price growth. However, the U.S. Personal Consumption Expenditure (PCE) Price Index figures indicated a slowing in disinflation, suggesting that the Fed may slow its rate-cutting cycle. XAUUSD broke above the resistance level of $2,650 and began to grow during the Asian session. Now, the pair may rise towards the next resistance at $2,700. However, it may test $2,650 again before continuing to grow further. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 Euro struggles to gain momentum despite hawkish ECB comments The euro (EUR) lost 0.1% against the U.S. dollar (USD) during a rather quiet trading session on Thursday. 👉 Possible effects for traders The EURUSD exchange rate didn't change significantly yesterday, given the reduced trading volume on U.S. markets due to a Thanksgiving holiday. Overall, the fundamental outlook for the pair is rather mixed. A lot of bearish factors have already been priced in, but investors still continue to lack strong reasons to invest in the euro. German annual inflation remained unchanged in November, contrary to forecasts of a second consecutive uptick. Political uncertainty in Germany, with federal elections scheduled for February 2025, and Franch, with a coalition government struggling to pass a budget, are putting more downward pressure on EURUSD. Conversely, the recent hawkish commentary from Isabel Schnabel, a member of the Executive Board of the European Central Bank (ECB), advocating for a gradual reduction in interest rates, has induced investors to temper their expectations of more aggressive rate cuts. Money markets now see only a 13% chance of a larger 50-basis-point (bps) rate cut by the ECB in December, whereas a 25-bps move is fully priced in. EURUSD was rising during the Asian and early European trading sessions. Today, traders should focus on the eurozone Consumer Price Index (CPI) report due at 10:00 a.m. UTC. It could offer hints on the ECB's next steps. ‘Today's macro data releases in the eurozone should encourage the ECB hawks to object to a 50bp rate cut in December’, said Carsten Brzeski, global head of macro at ING. If CPI figures are higher than expected, EURUSD may break above the 1.06100 level. However, lower-than-expected results may push the pair below 1.05000. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 BTCUSD trades sideways Bitcoin (BTC) has been trading sideways in a range of $92,000–100,000 throughout the entire week, gaining 4% on Wednesday. 👉 Possible effects for traders The Japanese investment company Metaplanet, also known as ‘Japanese Microstrategy’, plans to raise $62 million to purchase more Bitcoins. The company plans to raise funds through the issuance of debt securities. According to a statement from the company, this latest round of investment will increase their holdings to 1,794 coins. In November, the company already announced its intention to invest $11.3 million in Bitcoin purchases. The TON Foundation has announced the launch of tokenised Bitcoin, tgBTC. This token will introduce Bitcoin's liquidity to the TON blockchain. The details of the project are outlined in the white paper for the TON Teleport BTC initiative. TON Teleport BTC acts as a cross-chain bridge, allowing users to send Bitcoin directly to the TON network and vice versa. This provides access to exchanges, lending platforms, and decentralised applications for users. TgBTC will enhance liquidity and facilitate crypto transactions. Owners can earn income from decentralised finance (DeFi) platforms and benefit from reduced transaction fees. The project aims to enhance security and transparency by integrating Bitcoin into the TON ecosystem. BTCUSD has been trading sideways during Asian and early European trading hours. No important news that can influence the price dynamics is expected today. The analysts project the price to continue moving within the established range. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH