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📊 EURUSD drops to a one-year low The euro (EUR) declined by 0.56% against the U.S. dollar (USD) on Wednesday after the October U.S. Consumer Price Index (CPI) report aligned with expectations, suggesting a slowdown in disinflation progress. 👉 Possible effects for traders U.S. consumer prices rose in October, driven mainly by higher housing costs like rent. Even though the data aligned with market forecasts, progress in tackling inflation has slowed. The economic data may prompt the Federal Reserve (Fed) to scale back its planned interest rate cuts next year. 'I'm not sure the inflation data pushed things around too much since it was pretty much in line with expectations. I think it's just continuation of the Trump trade kind of mindset ... leading to strengthen the dollar on a broad basis, but also kind of a flushing of some of the emerging market long positions,' said Brad Bechtel, Global Head of FX at Jefferies. Economists predict higher inflation next year if Trump advances his policies, including tax cuts, increased import tariffs, and deportation measures. Although a December rate cut is still expected, further reductions in 2025 seem limited. U.S. Treasury yields rise due to investors' confidence that Trump's policies will face minimal resistance, given the Republican majority in the Senate and a near-certain majority in the House. The euro remains under pressure due to several factors. First, diverging expectations for monetary policy between the European Central Bank (ECB) and the Fed favour the USD. Second, Trump's new tariffs could harm the eurozone economy. Third, political instability in Germany has weighed on the euro, following the collapse of Chancellor Olaf Scholz's coalition. EURUSD bears are targeting support levels at 1.05243 and 1.04459. EURUSD traded lower during the Asian and early European trading sessions. Key events today include the U.S. Producer Price Index (PPI) report at 1:30 p.m. UTC, followed by speeches from ECB President Christine Lagarde at 7:00 p.m. UTC and Fed Chair Jerome Powell at 8:00 p.m. UTC. The eurozone will also release employment and industrial production data at 10:00 a.m. UTC, which could add volatility. Key levels to watch are 1.05240 and 1.05700. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 GBPUSD falls for the fourth consecutive day The British pound (GBP) declined for the fourth straight day, driven by a stronger U.S. Dollar Index (DXY) after Donald Trump's election victory on 6 November. GBPUSD has dropped about 2.7% since then but seems to find support around 1.27000. 👉 Possible effects for traders Implementation of the higher trade tariffs and stricter immigration policies by the new administration is expected to drive inflation higher. Thus, the Federal Reserve (Fed) may have to reconsider its plans for future rate cuts. The anticipated rise in government spending is also pushing up U.S. Treasury yields, supporting the U.S. dollar's value. According to Edison Research forecasts, Trump's party is expected to retain control of both chambers of Congress, granting him significant influence to advance his agenda. While trends don't persist indefinitely, a stronger U.S. dollar will likely continue to exert downward pressure on GBPUSD. GBPUSD has been trading sideways during Asian and early European sessions. Attention now turns to the upcoming U.S. Producer Price Index (PPI) release today at 1:30 p.m. UTC. It's a leading indicator of consumer price inflation, accounting for most overall inflation. Thus, higher-than-expected PPI numbers could be bearish for GBPUSD, while weaker data may trigger a slight upward correction. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

USDCAD, 30-minute timeframe char USDCAD formed a bearish Three Black Crows pattern 👉Level explanation USDCAD has been under buying pressure within the last day. Now, the price displays a bearish Three Black Crows pattern. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.39950. Set your stop loss at 1.40200 above the previous high ($1.79 loss for 0.01 lot) and take profit at 1.39700 ($1.79 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 char BTCUSD broke the resistance level of 90,600.00 👉Level explanation BTCUSD 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 90,900.00. Set your stop loss at 88,900.00 below the previous low ($20.00 loss for 0.01 lot) and take profit at 93,400.00 ($25.00 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

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#economic_calendar These events may affect the market on 14 November. 🔥 Don't forget to get a 100% deposit bonus!

GBPJPY, 30-minute timeframe chart GBPJPY rebounded from the support level of 196.800 👉General outlook GBPJPY has been under selling pressure within the last couple of hours. The pair moved down to the support level of 196.800. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 197.020. Set your stop loss at 196.520 below the previous low ($3.21 loss for 0.01 lot) and take profit at 197.520 ($3.21 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

GBPUSD, 30-minute timeframe chart GBPUSD retested the resistance level of 1.27700 👉General outlook GBPUSD has been under selling pressure within the last couple of hours. The pair moved up to the resistance level of 1.27700. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.27037. Set your stop loss at 1.27735 above the previous high ($6.98 loss for 0.01 lot) and take profit at 1.26341 ($6.98 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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XAUUSD, 15-minute timeframe chart XAUUSD rebounded from the support level of 2,601.00 👉General outlook XAUUSD has been under selling pressure within the last couple of hours. The pair moved down to the support level of 2,601.00. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 2,608.00. Set your stop loss at 2,599.00 below the previous low ($9.00 loss for 0.01 lot) and take profit at 2,617.00 ($9.00 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

BTCUSD, 15-minute timeframe chart BTCUSD retested the resistance level of 87,750.00 👉General outlook BTCUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 87,750.00. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 87,500.00. Set your stop loss at 88,800.00 above the previous high ($13.00 loss for 0.01 lot) and take profit at 86,200.00 ($13.00 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

📊 U.S. inflation report could influence gold prices Gold (XAU) has been in a downward trend for the past three days. On Tuesday, XAUUSD declined by 0.8%, continuing a significant correction. The support level at $2,600 remains relatively stable, helping to limit the losses. 👉 Possible effects for traders The recent drop in gold prices is due to the strengthening U.S. Dollar Index (DXY), which gained bullish momentum following Donald Trump's victory. Markets anticipate that the Trump administration's policies could delay the timing of interest rate cuts in the U.S., prompting a shift in investments away from gold exchange-traded funds (ETFs) towards other assets. Investors closely monitor Trump's initial actions and cabinet selections for insights into his stance on tax cuts, trade tariffs, and immigration policies. Today, all eyes are on the release of U.S. consumer inflation data, which could significantly impact the DXY and broader financial markets. This week also includes key updates on producer inflation, speeches from Federal Reserve (Fed) officials, and U.S. retail sales figures. Minneapolis Fed President Neel Kashkari has already commented on the potential impact of upcoming inflation data, noting that 'if inflation surprises to the upside between now and December, that might give us pause.' The CME FedWatch Tool recently showed that the probability of a 25-basis-point rate cut at the December 2024 meeting has fallen from 65% towards 58%. Gold remains in a wait-and-see mode ahead of the U.S. inflation report today at 1:30 p.m. UTC. XAUUSD may break below the $2,600 support level if inflation is higher than expected, potentially declining towards $2,580 or lower. Conversely, weaker data may push gold towards $2,630 or higher. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽 Trump's policies and German election uncertainty pressure the euro The euro lost 0.29% against the U.S. dollar on Tuesday as the greenback continued to rise on expectations that Donald Trump's policies would accelerate U.S. inflation. 👉 Possible effects for traders It's still an extension of the post-election moves; the economic calendar has been relatively light, although it's picking up later in the week. For now, the market is focusing on the implications of a second Trump term, particularly policies that would be positive for the U.S. dollar, such as potential higher tariffs,' said Vassili Serebriakov, an FX strategist at UBS in New York. Proposed deportations of immigrants and increased import tariffs are expected to drive inflation in the U.S., giving the Federal Reserve (Fed) less room to reduce interest rates. According to Decision Desk HQ, the Republican Party has secured a majority in the U.S. House of Representatives. Trump's party will control both chambers of Congress, enabling the president-elect to advance his policy agenda. Trump has warned that European countries will 'pay a big price' for not purchasing enough American exports. The euro is also facing additional downward pressure from political uncertainty. Germany, the eurozone's largest economy, will hold elections on 23 February after Chancellor Olaf Scholz's governing coalition collapsed due to disagreements over spending and borrowing plans. Fundamentally, investors now anticipate that the European Central Bank (ECB) is more likely to cut rates in the near term than the U.S. central bank. The likelihood of an additional 25-basis-point rate cut before year-end is currently 70% for the ECB and 63% for the Fed. EURUSD was falling during the Asian and early European trading sessions. Today, the market will focus primarily on the U.S. inflation report due at 1:30 p.m. UTC. However, several Fed officials' speeches will come out throughout the day and may trigger some volatility in all USD pairs. The market expects a 0.3% rise in monthly core Consumer Price Index (CPI) and a 3.3% annual increase. If CPI numbers exceed the expected, EURUSD may drop slightly, probably towards 1.05910. If the data shows that inflation is slowing, EURUSD will likely rise sharply, possibly towards 1.06600. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 AUDUSD stays low ahead of the U.S. CPI report AUDUSD fell by 0.62% on Tuesday as the U.S. dollar (USD) strengthened, driven by 'Trump trades'. These trades reflect traders' bets that Trump's inflationary policies may limit the Federal Reserve's (Fed) ability to lower interest rates. 👉 Possible effects for traders The U.S. dollar has been rising since Republican candidate Donald Trump won the presidential election, reaching its highest levels since May. Investors expect Trump's proposed policies, including tax cuts and import tariffs, to fuel inflation. With Republicans gaining more control in Congress, Trump will likely have more opportunities to implement his plans. This can also lead to interest rates staying higher for longer as markets anticipate a slowdown in rate cuts by the Fed. According to the CME FedWatch Tool, the likelihood of a 25-basis-point rate cut in December has dropped towards 60%, down from 84% last month. ‘Focus is likely to shift back to inflation and Fed policy later this week, but it remains uncertain if that will trigger an unwinding of Trump trades,’ said Charu Chanana, Chief Investment Strategist at Saxo Bank. With markets already pricing in Trump's policies as inflationary, the market may be 'more sensitive' to hotter-than-expected CPI data. The core CPI is projected to increase by 0.3% in October. AUDUSD traded sideways during the Asian and early European sessions as traders await the U.S. CPI report at 1:30 p.m. UTC today, which is the most important economic event of the week. A higher-than-expected CPI figure may drive AUDUSD to new local lows, while weaker data could lead to an upward correction. Additionally, Fed Chair Jerome Powell will speak, followed by the release of Producer Price Index (PPI) data and retail sales figures on Thursday and Friday, respectively. All the data may affect AUDUSD. 📲 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 broke the support level of 1.06120 👉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 1.06050. Set your stop loss at 1.06300 above the previous high ($2.50 loss for 0.01 lot) and take profit at 1.05800 ($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

‼️ 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 13 November. 🔥 Don't forget to get a 100% deposit bonus!

AUDUSD, 15-minute timeframe chart AUDUSD retested the resistance level of 0.65450 👉General outlook AUDUSD has been under selling pressure within the last couple of hours. The pair moved up to the resistance level of 0.65450. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 0.65351. Set your stop loss at 0.65584 above the previous high ($2.32 loss for 0.01 lot) and take profit at 0.65119 ($2.32 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 197.050 👉General outlook GBPJPY has been under selling pressure within the last couple of hours. The pair moved down to the support level of 197.050. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 197.140. Set your stop loss at 196.770 below the previous low ($2.40 loss for 0.01 lot) and take profit at 197.510 ($2.40 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