Octa Analytics

🤖 Financial market players use AI to analyse markets quickly and forecast market movements. Also, AI helps in algorithmic trading, where computer automatically executes trades based on predefoned criteria. You can already try AI in trading with OctaVision—a new powerful tool for quick, easy, and more accurate market data assessment and potential opportunities identification. ⛓️‍ Blockchain is a technology for recording transactions in a decentralised and immutable way. Now, AI can boost its security and usability via a user-friendly interface to identify opportunities instantly and automatically implement trading strategies. 💡 Big data is a technology to analyse thousands and even millions of transactions almost in real-time. The technology helps traders to enhance their market analysis. We in Octa also use big data to enhance platform efficiency and to customise your user experience. In OctaTrader, we offer you personalised market insights for potential trading ideas and informed trading decisions. #AItrading #blockchain #Forex101 #TradeSmart #dataanalytics

🤖 Financial market players use AI to analyse markets quickly and forecast market movements. Also, AI helps in algorithmic trading, where computer automatically executes trades based on predefoned criteria. You can already try AI in trading with OctaVision—a new powerful tool for quick, easy, and more accurate market data assessment and potential opportunities identification. ⛓️‍ Blockchain is a technology for recording transactions in a decentralised and immutable way. Now, AI can boost its security and usability via a user-friendly interface to identify opportunities instantly and automatically implement trading strategies. 💡 Big data is a technology to analyse thousands and even millions of transactions almost in real-time. The technology helps traders to enhance their market analysis. We in Octa also use big data to enhance platform efficiency and to customise your user experience. In OctaTrader, we offer you personalised market insights for potential trading ideas and informed trading decisions. #AItrading #blockchain #Forex101 #TradeSmart #dataanalytics

Do you know you can speed up your analysis, power your decision-making, and secure your financial operations just with a couple of clicks? New technologies like AI, blockchain, and big data help companies and individuals to do it. Read this post to learn how to level up your trading with technologies in the Octa app.

It is anticipated that the upcoming October CPI report will significantly impact the market. Given its potential to influence interest rate expectations and investor sentiment, we expect sharp price movements in various financial instruments, including EURUSD and XAUUSD. Both pairs weakened significantly last week following the U.S. presidential and congressional elections. This upcoming CPI report may pause and weaken the underlying bullish trend in the U.S. Dollar Index. The market expects a monthly 0.3% and an annual 3.3% increase in core inflation. If the figures fall below expectations, the dollar will weaken sharply, pushing EURUSD and XAUUSD higher. Conversely, if the statistics exceed expectations, EURUSD and XAUUSD may continue to decline, but only slightly. EURUSD is in a long-term downtrend, so look for selling opportunities. Consider placing pending sell limit orders on EURUSD in case of a bullish reaction to the CPI data. In the event of a bearish response, consider placing pending sell-stop orders on EURUSD. Monitor the EURUSD levels 1.06210 and 1.06000 for potential support and 1.06650 and 1.07150 for possible resistance. Update your portfolio and trade in the Octa app. #Trading #Forex #WeeklyTradingCalendar #MarketUpdates

Prepare to update your portfolio—the week's most important event is coming!

The U.S. Bureau of Labor Statistics will release its monthly Consumer Price Index (CPI) report on Wednesday, 13 November, at 1:30 p.m. UTC.

Let’s meet IRL in Dubai! Come to IFXExpo on 14 – 16 January for: 🔹 meeting with our experts 🔹 connect with the world’s brightest finance minds 🔹 unlimited networking opportunities. We will bring innovations, breakthrough financial solutions, and, of course, lots of fun. Meet us there! Will you be at IFXExpo? Let us know in the comments. And do not forget to add our contact on LinkedIn to stay in touch - click here! #ifxexpo #forexevents #tradinglifestyle #habibicometodubai #tradingevents

🔽Gold continues to fall Gold (XAU) declined by over 2.4% yesterday, settling near the $2,600 support level. Experts believe this correction could lead to a further decrease. 👉 Possible effects for traders Traders expect the U.S. Federal Reserve (Fed) to soften its stance on interest rates, given that Donald Trump's policies may drive economic growth and inflation. The decline in gold prices paused around $2,600 as investors worry that the new President's protectionist policies could impact the global economy, increasing demand for safe-haven assets like gold. However, growth prospects for gold remain limited due to the continued strengthening of the U.S. dollar (USD). Traders are also cautious ahead of the upcoming U.S. Consumer Inflation report and remarks from key Federal Open Market Committee (FOMC) members. Meanwhile, the U.S. dollar hit new highs after Trump's election victory, prompting significant gold sales on Monday. Minneapolis Fed President Neel Kashkari noted that the Fed would need more evidence of inflation reaching its 2% target before considering further rate cuts. Traders are waiting for statements from FOMC members, including Fed Chair Jerome Powell, who may offer insights on the future direction of interest rates. According to the CME Group FedWatch Tool, there is a 65% chance of a 25-basis-point (bps) rate cut at the next Fed meeting. In the short term, XAUUSD may continue its decline, potentially breaking below the $2,600 support level and reaching $2,575. Investors are currently closing their positions in gold in favour of riskier assets. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽EURUSD remains under pressure as Trump's policies threaten the eurozone economy The euro (EUR) fell by 0.6%, reaching a fresh six-month low against the U.S. dollar (USD) on Monday. Investors continued to favour the greenback over the euro following the Republican victory in the U.S. presidential and congressional elections. 👉 Possible effects for traders The U.S. dollar is expected to benefit from the incoming Trump administration. Indeed, planned mass deportations of illegal immigrants may put upward pressure on U.S. wages, while the introduction of new tariffs could drive up import costs. If these policies accelerate nationwide inflation, the Federal Reserve (Fed) may be forced to adopt a tighter monetary policy, keeping high interest rates longer. This would widen the interest rate differential between the eurozone and the U.S., exerting downward pressure on EURUSD. Additionally, broad-based tariffs of 10–20% on all U.S. imports could harm the eurozone economy. These policies may prompt the European Central Bank (ECB) to cut rates more aggressively, widening the interest rate gap even further. However, it's unclear whether Trump's plans will have a lasting inflationary effect. For now, their impact on U.S. monetary policy is minimal, meaning the recent decline in EURUSD is largely driven by forward-looking expectations. Thus, EURUSD bears should be cautious as the pair may experience a sharp rebound. EURUSD continued to decline during the Asian and early European trading sessions. Today, the macroeconomic calendar is relatively quiet, though EUR pairs might experience additional volatility due to Germany's ZEW Economic Sentiment Index report at 10:00 a.m. UTC. A stronger-than-expected figure could trigger a slight recovery above 1.06770, while weaker data might extend the decline towards 1.06200. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽 Japanese yen declines as DXY strengthens USDJPY rose by 0.71% on Monday as the U.S. Dollar Index (DXY) reached its highest level in over four months, with 'Trump Trades' continuing to dominate financial markets. 👉 Possible effects for traders Expectations of a second term for President Trump, alongside a potential Republican takeover of Congress, have driven optimism for regulatory rollbacks and tax cuts, which could boost economic growth and potentially increase inflation. This scenario could limit the Federal Reserve's (Fed) ability to reduce interest rates further. Also, Trump's plans to raise tariffs on key trading partners, particularly China and the eurozone, along with tighter immigration policies, have added to concerns over inflationary pressures. Meanwhile, the Bank of Japan (BOJ) recently had its October monetary policy meeting, where policymakers disagreed on the timing of future rate adjustments. Some officials voiced worries over the economic uncertainties and increased market volatility, especially given the yen's significant depreciation. Despite these concerns, the BOJ maintained its projection to raise the benchmark interest rate towards 1% in the second half of 2025. In response to the yen's weakness, Finance Minister Katsu Kato signalled that the Japanese government might take 'appropriate measures' to address foreign exchange volatility. USDJPY was moving sideways during the Asian and early European hours. Two key economic releases this week could impact the pair's movement. The Japanese Producer Price Index is due at 11:50 p.m. UTC today. Stronger-than-expected figures may trigger a correction in USDJPY, while weaker data could support the pair. The U.S. Consumer Price Index (CPI) report will come out tomorrow at 1:30 p.m. UTC. A higher-than-expected number could push USDJPY to new highs, while softer data may trigger a downward correction. 📲 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 153.900 👉Level explanation USDJPY has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 153.900. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 153.750. Set your stop loss at 154.050 above the previous high ($1.95 loss for 0.01 lot) and take profit at 153.450 ($1.95 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, 30-minute timeframe char USDCAD tested the resistance level of 1.39500 👉Level explanation USDCAD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.39500. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.39500. Set your stop loss at 1.39700 above the previous high ($1.44 loss for 0.01 lot) and take profit at 1.39200 ($2.15 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.5. 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 11 November. 🔥 Don't forget to get a 100% deposit bonus!

EURUSD, 15-minute timeframe chart EURUSD rebounded from the support level of 1.06370 👉General outlook 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 Buy order at 1.06478. Set your stop loss at 1.06077 below the previous low ($4.01 loss for 0.01 lot) and take profit at 1.06879 ($4.01 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 chart XAUUSD rebounded from the support level of 2,660.00 👉General outlook 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 Buy order at 2,665.50. Set your stop loss at 2,657.50 below the previous low ($8.00 loss for 0.01 lot) and take profit at 2,673.50 ($8.00 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

🔽Investors lose faith in gold Gold (XAU) declined by 0.82% on Friday. The outcome of the U.S. presidential election negatively affected the precious metal as investors shifted investments towards stocks and Bitcoin (BTC). Gold has broken below the resistance level at $2,700 and now continues to decline. 👉 Possible effects for traders Investors were waiting to exit safe-haven assets for some time. Market participants began investing in the stock market and BTC after the election results, believing Trump could improve the economic situation and reduce the risk of global conflicts. Additionally, corporate tax cuts proposed by Trump supported risk appetite and capital outflows from gold. Policies of the new President may lead to economic growth and increased inflation, which could prevent the Federal Reserve (Fed) from aggressively lowering interest rates. This development could pressure gold prices as the asset doesn't generate any income. Gold saw its longest weekly decline in the past five months. The ongoing trade enthusiasm around Trump's victory continues to support the U.S. dollar. Meanwhile, the Fed is planning to ease the monetary policy further, with market participants pricing in the chance of another interest rate reduction in December at approximately 65%. This week, investors will watch for data on U.S. Consumer Inflation on Wednesday, the Producer Price Index (PPI) on Thursday, and Retail Sales on Friday. In the near term, XAUUSD may decline towards the support level of $2,650, tested at the end of the previous trading week. According to analysts, the pair may break below the level and decline towards $2,600. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽 USD rally continues, bringing the euro down The euro (EUR) lost 0.8% against the U.S. Dollar (USD) on Friday as investors continued to evaluate the likely impact of Donald Trump's policies on the eurozone and U.S. economies. 👉 Possible effects for traders Although the Federal Reserve's (Fed) 25-basis-point (bps) rate cut pushed Treasury yields lower and weakened the greenback, investors decided to sell the rally in EURUSD as the U.S. election results are seen to impact the USD exchange rate more significantly. Analysts expect Trump's policy proposals—more trade tariffs, a clampdown on illegal immigration, lower taxes, and business deregulation—will boost U.S. economic growth and inflation in the long term. ‘We don't really know how much campaign rhetoric was, how much a negotiating position is, and how much of it is speaking principle. Part of the volatility we're seeing in the dollar and in interest rates is that the market is trying to figure it out’, said Marc Chandler, chief market strategist at Bannockburn Global Forex. Meanwhile, the European Central Bank (ECB) looks set to remain on an easing path. ECB Governing Council member Robert Holzmann said on Sunday that a December interest rate cut is almost guaranteed. ‘As things look at the moment, it is possible that there will be a cut in December. There is nothing at the moment that would argue against that’, Holzmann said. The market currently prices in an 80% probability that the ECB deposit rate will be 50 bps lower by the end of January 2025. At the same time, the market believes that the Fed will lower its base rate by just 25 bps over the same period. Thus, the fundamental pressure on EURUSD will persist as investors' monetary policy expectations between the ECB and the Fed continue to diverge. EURUSD was relatively flat during the Asian and early European trading sessions. The macroeconomic calendar is relatively uneventful today. There are bank holidays in France and the U.S., so volatility may be lower than usual. EURUSD is trading near a three-month low, and traders may buy the pair hoping for a short-term rebound. However, the long-term bearish trend is likely to persist. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH