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BTCUSD, 1-hour timeframe chart BTCUSD tested the resistance level of 97,300.00 👉Level explanation BTCUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 97,300.00. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 97,200.00. Set your stop loss at 98,450.00 above the previous high ($12.50 loss for 0.01 lot) and take profit at 94,700.00 ($25.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:2. 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

Stay informed and trade in the Octa app. 📅 The event The U.S. Bureau of Labor Statistics will release its Consumer Price Index (CPI) on Wednesday, 15 January, at 1:30 p.m. UTC. In November 2024, annual headline inflation rose to 2.7%, the highest in four months. Core inflation remained steady at 3.3%. December CPI data is expected to significantly influence USD pairs. Should CPI figures fall below expectations, the dollar may weaken sharply, pulling EURUSD higher. Otherwise, EURUSD could slightly decline. 💡 Trading idea EURUSD remains in a downtrend. Focus on selling opportunities: 🔹 Place pending sell-limit orders in case of a bullish reaction. 🔹 Place pending sell-stop orders in case of a bearish reaction. 📊 Key levels to monitor 🔹 Support: 1.02100, 1.01550, and 1.00704 🔹 Resistance: 1.03000, 1.03500, and 1.03800 #Trading #Forex #MarketUpdates #WeeklyTradingCalendar #EURUSD

📊 Gold rises on weaker U.S. economic report Gold (XAU) gained 0.53% after the release of cooler-than-expected Producer Price Index (PPI) report. The PPI data weakened the U.S. dollar (USD) and supported the precious metals market because lower inflation could lead to earlier interest rate cuts by the Federal Reserve (Fed). 👉 Possible effects for traders The data revealed that the Producer Price Index (PPI) increased by 3.3% annually in December, lower than the 3.4% anticipated by economists surveyed by Reuters. 'The cooler PPI data surprised the U.S. Dollar Index, which benefited the bulls in the precious metals market. Lower inflation suggests that the Federal Reserve may be able to reduce interest rates sooner', said Jim Wyckoff, a senior market analyst at Kitco Metals. Investors are awaiting the release of the Consumer Price Index (CPI) today to analyse the Fed's plans for monetary policy. A poll conducted by Reuters forecasts an annual increase of 2.9%, compared to 2.7% in November, and a monthly rise of 0.3%. 'We will need to see further progress on inflation in order to restore expectations for interest rate cuts', said Philip Streible, chief market strategist at Blue Line Futures. Higher-than-expected CPI figures could lead to a decline in gold prices, as it would confirm the view that the Fed is more likely to normalise its dovish policy from last year in 2025, stated Kelvin Wong, a senior market analyst at OANDA for Asia Pacific. XAUUSD was rising during Asian and early European trading sessions. Market participants will closely monitor the U.S. CPI report at 1:30 p.m. UTC today. A higher-than-expected figure will likely push XAUUSD lower, while lower-than-expected data could extend the current bullish trend in XAUUSD. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 EURUSD climbs on weaker U.S. PPI data The euro (EUR) gained 0.61% against the U.S. dollar (USD) on Tuesday after slightly weaker-than-expected U.S. Producer Price Index (PPI) data. The report gave investors hope that the Federal Reserve (Fed) would continue on its rate-easing path this year, pushing the greenback lower. 👉 Possible effects for traders EURUSD closed above the important 1.03000 level yesterday, and bulls are now targeting the 1.03800 level. However, the fundamental pressure on the pair remains bearish as the market continues to expect the European Central Bank (ECB) to pursue a more dovish monetary policy in 2025 than the Fed. Furthermore, another important U.S. inflation report is due later today, so traders are reluctant to place big orders in USD pairs. It's possible that traders are hedging the other side of the market now before CPI, so we're seeing some pre-release volatility that's keeping the dollar a touch depressed. Tariff stories are the primary driver, it appears, for price action today', said Helen Given, associate director of trading at Monex USA in Washington. Indeed, the threat of tariffs has lifted U.S. Treasury yields and supported the greenback lately. On Tuesday, however, the market's focus shifted towards the possibility of a gradual increase in U.S. tariffs following a Bloomberg report suggesting that the Donald Trump administration will take a 'measured approach' to tariffs. EURUSD was relatively unchanged during the Asian and early European trading sessions. Today, the main focus is on the U.S. Consumer Price Index (CPI) report due at 1:30 p.m. UTC. The upcoming CPI report for December is anticipated to impact the market significantly. Given its potential to influence interest rate expectations and investors' sentiment, we expect sharp price movements in all USD pairs. The forecast is a 0.2% rise in monthly core inflation and a 3.3% annual increase. If the figures are lower than expected, the U.S. dollar will weaken sharply, pulling EURUSD higher, probably above 1.03800. Conversely, if the figures exceed expectations, EURUSD may decline slightly. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 AUDUSD rises on lower U.S. inflation data The Australian dollar (AUD) gained 0.28% on Tuesday after weaker-than-expected U.S. producer prices data kept the U.S. dollar (USD) stable and pulled bond yields down from their highs. 👉 Possible effects for traders The U.S. dollar declined on Tuesday following the release of a weaker-than-anticipated monthly Producer Price Index (PPI) report. The report revealed that prices increased by just 0.2% in December, lower than the anticipated 0.4% rise. The core PPI also remained unchanged, contrary to expectations of a 0.3% increase. Australian traders now hope that U.S. core Consumer Price Index (CPI) figures later in the day may at least match forecasts of a 0.2% rise. Numbers exceeding the forecast could further restrict the possibility of rate reductions in the U.S., boosting the U.S. dollar. Stephen Halmarick, chief economist at the Commonwealth Bank of Australia, noted that household spending also subdued in December, with a 1.8% decline in CBA's own measure of consumer spending. This was due to sales events in the previous month pulling purchases forward. Given the weak spending environment and the improving inflation outlook, Halmarick argued that the Reserve Bank of Australia could begin lowering interest rates at its first meeting this year. He continued to anticipate 100 basis points of reductions in interest rate through 2025, bringing the cash rate towards 3.35% by the year's end. AUDUSD was moving sideways during Asian and early European trading hours. Market participants will await the U.S. CPI report at 1:30 p.m. UTC today. A higher-than-expected reading may put downward pressure on AUDUSD, while softer data may give some bullish momentum to the pair. Additionally, the Australian unemployment rate report data comes out tomorrow at 12:30 a.m. UTC. Lower figures may support 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

#economic_calendar These events may affect the market on 15 January. 🔥 Don't forget to get a 100% deposit bonus!

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​​#weekly_outlook 🔎 Keeping up-to-date with the market helps you make better trading decisions Here’s a Weekly Market Outlook for 13 – 17 January from Vito Henjoto. Stay informed and trade wisely.

📊 Gold is caught between technical sell-off and Trump policy uncertainty Gold (XAU) fell by over 1% on Monday, pressured by a strong U.S. dollar (USD). The greenback remained near a two-year high following Friday's robust jobs report that reinforced expectations of a more cautious approach to rate cuts by the Federal Reserve (Fed) this year. 👉 Possible effects for traders We had a better-than-expected U.S. job report, which strengthened the U.S. dollar and the Treasury yields. Gold's move lower here is some follow-through on the stronger-than-expected report', said Bob Haberkorn, senior market strategist at RJO Futures. Additionally, gold bulls may have closed some of their long positions, so part of the reason for Monday’s decline was purely technical. Fundamentally, XAUUSD remains under bullish pressure amid uncertainty around the incoming Donald Trump administration's policies. His proposed trade tariffs and immigration policies are expected to be inflationary and could spark trade wars, adding to gold's allure as a safe-haven asset. XAUUSD was rising during the Asian and early European trading sessions. Today, the market will focus on the U.S. Producer Price Index (PPI) report, due at 1:30 p.m. UTC, and Fed officials' speeches. Analysts anticipate a 0.3% rise in monthly core PPI and a 3.8% annual increase. If the numbers are higher than expected, XAUUSD may drop towards the $2,635 level. Conversely, lower-than-expected results may push the pair above $2,700. 'Spot gold may fall towards $2,635 per ounce, a level pointed by a rising channel', 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 remains under bearish pressure despite a brief rebound Yesterday, the euro (EUR) dropped below the 1.01800 level but later recovered most of the losses and finished the day essentially unchanged from Friday. 👉 Possible effects for traders Fundamentally, EURUSD is still under bearish pressure due to the divergence in monetary policy expectations between the European Central Bank (ECB) and the Federal Reserve (Fed). This underlying divergence results from many factors, including the comparatively stronger performance of the U.S. economy relative to the eurozone. The latter experiences more sluggish growth and faces challenges such as energy dependence and geopolitical instability. Most recently, a better-than-expected U.S. nonfarm payroll (NFP) report made traders scale back their U.S. rate cut bets in 2025. Furthermore, with President-elect Donald Trump returning to the White House next week, attention has turned to his policies, which analysts predict will stimulate growth and intensify inflationary pressures. ING strategists said the combination of a stronger U.S. dollar (USD) and higher Treasury yields is crowding out financial flows to the rest of the world and is starting to cause problems. 'Using the tariff era of 2018–2019 as a template, we expect the dollar to stay strong all year', they wrote in a note. Meanwhile, Olli Rehn, a Finnish policymaker, stated that the ECB will keep cutting interest rates and should end policy restrictions in the coming months. This means that traders continue to lack any fundamental reasons to invest heavily in the euro. EURUSD rose during the Asian session but started to fall again during the early European trading hours. Today's focus is on the U.S. Producer Price Index (PPI) report, due at 1:30 p.m. UTC, and the handful of speeches by the Fed officials. The market expects a 0.3% rise in monthly core PPI and a 3.8% annual increase. If the PPI report indicates higher-than-expected figures, EURUSD may drop towards the 1.01550 level. Conversely, lower-than-expected results may pull the pair above the 1.03000 mark. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 GBPUSD decline may pause On Monday, the British pound (GBP) continued to fall against the U.S. (USD) dollar, driven by concerns about Britain's fiscal sustainability. Gilt yields rose again for the sixth day in a row, but GBP recovered during the afternoon trading hours and finished the day slightly above the important support level of 1.22000. 👉 Possible effects for traders On Monday, U.K. Prime Minister Keir Starmer stated that the government would continue to follow the fiscal guidelines outlined in the October budget presented by Finance Minister Rachel Reeves. He expressed his full confidence in her abilities. However, there was little market response to his remarks. Reeves has set a narrow margin for error when it comes to balancing public spending and tax revenue by the end of the decade. Nevertheless, recent increases in borrowing costs and slower U.K. economic growth in the second half of 2024 have made it more challenging to achieve this goal. This week, the market will focus on British inflation data. The Consumer Price Index (CPI) is projected to increase by 2.6% annually in December, while core CPI is anticipated to slow towards 3.4%, down from 3.5% in November. The British pound has been a target for global currency traders, as British markets have been affected by increased bond yields. This trend started in the U.S. due to concerns about rising inflation and a reduced likelihood of interest rate cuts from the Federal Reserve (Fed). On Friday, the release of strong U.S. employment data further fuelled the upward trend in global bond yields, as financial markets no longer fully expect a rate cut from the central bank this year. While higher bond yields often support a national currency, U.K. analysts expect that higher borrowing costs could force the government to cut spending or increase taxes to meet fiscal obligations. This could hinder future economic growth. GBPUSD was moving sideways, slightly above the 1.22000 support level during Asian and European trading hours. Today, the U.S. Producer Price Index (PPI) report comes out at 1:30 p.m. UTC. A higher-than-expected reading will put downward pressure on GBPUSD, while softer data may help GBPUSD rebound from the support level and gain short-term bullish momentum. 📲 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 rebounded from the support level of 1.22000 👉General outlook GBPUSD has been trading in a sideways market within the last day. The pair moved down to the support level of 1.22000. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 1.22180. Set your stop loss at 1.21625 below the previous low ($5.55 loss for 0.01 lot) and take profit at 1.22735 ($5.55 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

AUDUSD, 15-minute timeframe chart AUDUSD formed a bullish Flag pattern 👉Level explanation AUDUSD has been trading in a bullish trend within the last day. Now, the price displays the Flag pattern. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 0.61950. Set your stop loss at 0.61800 below the previous low ($1.50 loss for 0.01 lot) and take profit at 0.62150 ($2.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.33. 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

#economic_calendar This event may affect the market on 14 January. 🔥 Don't forget to get 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!

GBPJPY, 30-minute timeframe chart GBPJPY retested the resistance level of 191.720 👉Level explanation GBPJPY has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 191.720. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 191.650. Set your stop loss at 192.470 above the previous high ($5.21 loss for 0.01 lot) and take profit at 190.830 ($5.21 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

USDJPY, 15-minute timeframe chart USDJPY broke the support level of 157.300 👉Level explanation USDJPY 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 157.150. Set your stop loss at 157.650 above the previous high ($3.18 loss for 0.01 lot) and take profit at 156.650 ($3.18 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. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 Gold rises ahead of Donald Trump's inauguration On Friday, gold (XAU) increased by 0.74%, as the uncertainty regarding the policies of the incoming Donald Trump administration boosted the appeal of safe-haven assets. The rise occurred despite stronger-than-anticipated U.S. labour data, supporting the expectation that the Federal Reserve (Fed) may not decrease interest rates significantly this year. 👉 Possible effects for traders The price of gold dipped briefly towards $2,663 after the nonfarm payroll (NFP) report showed 256,000 jobs added last month, exceeding the expected increase of 160,000. The unemployment rate stayed at 4.1%, matching the forecast of 4.2%. Traders now expect the Fed to lower interest rates by only 27 basis points (bps) this year, down from the previous forecast of around 45 bps rate cuts. Still, XAUUSD quickly recovered and reached its highest level since 12 December, indicating a potential weekly increase of more than 1.7%. 'Gold's price movement indicates a lack of sellers willing to sell the metal, a sentiment reinforced by the significant rise last year', said Tai Wong, an independent metals trader. Despite a stronger-than-expected U.S. employment report, gold remained steadfast. One reason for gold's resilience may be the uncertainty surrounding President-elect Donald Trump's inauguration. David Meger, Director of Metals Trading at High Ridge Futures, explains: 'With the inauguration of President-elect Trump on 20 January approaching, investors are concerned about his plans to impose tariffs on a wide range of imports. This could lead to inflation and restrict the ability of the Fed to reduce interest rates'. XAUUSD was moving sideways during Asian and early European trading hours. No significant events that may affect the market are expected today. 'Spot gold may retest resistance at $2,700 per ounce, a break above which could open the way towards $2,707–$2,715 range', 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