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Check the week's most important event and trade by the news in the Octa app. Today, the U.S. Bureau of Economic Analysis will publish two reports: the Gross Domestic Product (GDP) report at 1:30 p.m. UTC and the Personal Consumption Expenditure (PCE) report at 3 p.m. UTC. Both data releases will likely affect all USD pairs. Traders expect the GDP to expand by 2.8% in Q3. The market also expects a 0.3% rise in the monthly core PCE Price Index. The market is positioned to see strong figures. Therefore, if the figures come out higher than expected, EURUSD may drop only slightly. Otherwise, EURUSD will probably rally sharply.

Monitor the EURUSD levels of 1.04240 and 1.04000 for potential support and 1.05290 and 1.05720 for possible resistance. A break below 1.04000 would open the way towards 1.03340, offering a buying opportunity. Conversely, a break above 1.05200 would allow bulls to target a 1.06000 area, where sell orders may be considered.

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📊 Gold is trading sideways ahead of U.S. reports Yesterday, gold (XAU) rose by 0.28% after testing the $2,600 support level. The price moved sideways after a sharp decline on Monday. 👉 Possible effects for traders Increased investors' interest in safe assets following Donald Trump's recent tariff announcements continues to support gold. The newly elected U.S. president has announced plans to impose tariffs on imports from Canada, Mexico, and China, which will likely impact the dynamics of gold prices. Geopolitical tensions between Russia and Ukraine and concerns about Trump's trade policies continue to drive demand for gold as investors seek safe haven investments amidst uncertainty. This has contributed to the recent increase in gold prices. Meanwhile, the U.S. Dollar Index (DXY) has been consolidating near the lower border of its recent trading range, supporting XAUUSD despite the positive U.S. macroeconomic data released on Tuesday. The data suggests the Federal Reserve (Fed) may adopt a more restrictive approach towards monetary policy, leading to a decline in gold prices. According to the FedWatch tool provided by CME Group, investors anticipate a 63% probability of a 25-basis-point rate reduction at the next Fed meeting. During the Asian session today, XAUUSD continued to rise slightly, remaining within the $2,600–$2,650 range. Today, the release of the U.S. macroeconomic data will likely affect gold. Personal Consumption Expenditure (PCE) Price Index will come out at 3:00 p.m. UTC and add volatility to the market. If XAUUSD breaks the upper boundary of the range, it could rise towards $2,680. Conversely, if the price tests the support level at $2,600, it may indicate a downward movement. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽 Euro is under pressure due to strong U.S. dollar Yesterday, the euro (EUR) fluctuated between 1.04260 and 1.05430 against the U.S. dollar (USD) but finished the day essentially unchanged. 👉 Possible effects for traders The U.S. Dollar Index (DXY) remained relatively stable on Tuesday as market participants scrutinised President-elect Donald Trump's tariff pledges and anticipated the release of a crucial U.S. inflation indicator. ‘Markets are likely to remain edgy as a second Trump administration brings back uncertainty about policymaking in the U.S. This uncertainty can lead markets to "sell first and ask questions later", which is a positive for the USD’, said Carol Kong, currency strategist at Commonwealth Bank of Australia. Although yesterday's U.S. New Home Sales data was weaker than expected, consumer confidence remained elevated in November, additionally boosting the greenback. Furthermore, the latest FOMC minutes showed that the Federal Reserve (Fed) would prefer to go slow on rate cuts due to market volatility and uncertainty. The minutes revealed that Fed officials were split on the extent of future interest rate reductions at their recent meeting. They collectively decided against providing explicit forward guidance on the likely U.S. monetary policy trajectory. EURUSD was falling slightly during the Asian and early European trading sessions. Today, all USD pairs will likely experience above-normal volatility due to the release of important U.S. macroeconomic reports. The latest Gross Domestic Product (GDP), Jobless Claims, and Durable Goods Orders data will come out at 1:30 p.m. UTC. Then, the U.S. Bureau of Economic Analysis will publish its Personal Consumption Expenditure (PCE) Price Index at 3:00 p.m. UTC. All reports may impact the EURUSD exchange rate, but the most significant release is arguably the PCE data. The market expects a 0.3% rise in monthly core PCE Price Index and a 2.8% annual increase. Generally, the market is positioned to see strong figures that should support the recent rally in the DXY. If the figures are higher than expected, EURUSD may drop only slightly. However, EURUSD will probably rally sharply on lower-than-expected data. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 GBPUSD trades sideways, awaiting crucial PCE data The British pound has been trading sideways within the 1.25000–1.26000 range since the end of last week. The U.S. dollar (USD) remains stable as investors continue to evaluate President-elect Donald Trump's tariff plans and monitor crucial U.S. inflation figures later today. 👉 Possible effects for traders On Tuesday, the U.S. dollar initially rose in response to Trump's threat of tariffs against China, Mexico, and Canada, but it reversed as investors awaited further details about the policies. Meanwhile, the FOMC meeting minutes from the November Federal Reserve (Fed) meeting indicated that policymakers were optimistic about deflation and a robust labour market, reinforcing the notion of further interest rate cuts. However, the minutes revealed Fed members preferred a more gradual approach. Currently, markets believe there is a 63% probability that the Fed will once again lower rates by 25 basis points next month. GBPUSD has been moving sideways during Asian and early European trading sessions. The market participants are waiting for the Gross Domestic Product Growth Rate data, which will be released today at 1:30 p.m. UTC, and the PCE Price Index report, due at 3:00 p.m. UTC. A rise in PCE figures may lead to a rate hike and a rise in the DXY, while the lower-than-expected data favours rates reduction. 📲 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 broke the resistance level of 0.64840 👉Level explanation AUDUSD 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 0.64870. Set your stop loss at 0.64620 below the previous low ($2.50 loss for 0.01 lot) and take profit at 0.65120 ($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

XAUUSD, 15-minute timeframe chart XAUUSD broke the resistance level of 2,642.00 👉Level explanation XAUUSD 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 2,647.00. Set your stop loss at 2,635.00 below the previous low ($12.00 loss for 0.01 lot) and take profit at 2,660.00 ($13.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.08. 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 These events may affect the market on 27 November. 🔥 Don't forget to get a 100% deposit bonus!

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BTCUSD, 15-minute timeframe chart BTCUSD tested the support level of 91,448.50 👉Level explanation BTCUSD has been under selling pressure within the last couple of hours. The pair moved down to the support level of 91,448.50. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 93,342.06. Set your stop loss at 91,374.56 below the previous low ($19.68 loss for 0.01 lot) and take profit at 95,309.56 ($19.68 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 153.600 👉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 153.180. Set your stop loss at 153.530 above the previous high ($2.28 loss for 0.01 lot) and take profit at 152.830 ($2.28 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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GBPUSD, 30-minute timeframe chart GBPUSD tested the support level of 1.25380 👉General outlook GBPUSD has been under selling pressure within the last couple of hours. The pair moved down to the support level of 1.25380. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 1.25400. Set your stop loss at 1.25100 below the previous low ($3.00 loss for 0.01 lot) and take profit at 1.25700 ($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

🔽 Gold fell by more than 3% Yesterday, gold (XAU) dropped by 3.33% and reached around $2,600, losing all the gains from the previous three days. 👉 Possible effects for traders News that Israel and the Hezbollah militant group were close to a ceasefire agreement and the appointment of Scott Besset as U.S. Treasury Secretary caused investors to shift from gold towards riskier assets. Geopolitical uncertainty easing exerted significant pressure on the precious metal. Nevertheless, there is still no clear information regarding when the agreement will be finalised, and Israeli military activity in northern Gaza has increased in recent weeks, with continued strikes on Lebanon. The recent increase in demand for gold can be attributed to the tariff policy announced by the incoming U.S. President Donald Trump. His policies include a potential 25% increase in tariffs on goods from Mexico and Canada and an additional 10% on Chinese imports. Despite this, the market continues to anticipate a more lenient stance from the Federal Reserve, a potential increase in Treasury bond yields, and a resumption of the U.S. dollar purchases, which could limit demand for the yellow metal. Now, investors are closely monitoring the publication of the FOMC meeting minutes to get insights into the future monetary policy. During the Asian trading session, XAUUSD continued to decline. Gold will likely pause its decline after yesterday's significant drop. Still, FOMC meeting minutes, due at 7:00 p.m. UTC, may add volatility to the market. Analysts anticipate a range-bound movement for the day, with XAUUSD potentially testing the support level at $2,600 before determining its next movements. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 Euro rebounded, but fundamental weaknesses linger The euro (EUR) gained 0.74% against the U.S. dollar (USD) on Monday as traders closed their short positions, allowing EURUSD to recover after falling to a multi-year low. 👉 Possible effects for traders Yesterday's rise in EURUSD was mostly due to a technical rebound, as the support 1.04500 level appears to be rather strong and a lot of buying interest is concentrated there. Despite the recent stabilisation in the exchange rate, euro traders still lack substantial incentives to invest in the currency. Fundamental economic indicators, geopolitical risks, and central banks' policies continue to weigh on the euro's appeal. Yesterday, Donald Trump vowed to impose new tariffs against Mexico and Canada. Although he didn't mention the eurozone, it still shows Trump's resolve to change the U.S. policy radically. ‘It's almost as if Trump wants to remind markets, who is in control, after nominating Scott Bessent as Treasury Secretary—a man markets expected to cool Trump's potency’, said Matt Simpson, senior market analyst at City Index. Meanwhile, the eurozone economy continues to struggle with sluggish growth and corporate pessimism. Yesterday, the Ifo Institute reported that the German Business Climate Index decreased towards 85.7 in November from 86.5 in the previous month. The decline was deeper than expected and affected all sectors of the economy. EURUSD touched 1.04250 during the Asian trading session but then recovered and continued to move above the important 1.04500 level. Several U.S. macro reports may trigger substantial volatility in all USD pairs today. CB Consumer Confidence Index, New Home Sales, and Richmond Manufacturing Index will be released simultaneously at 3:00 p.m. UTC. Better-than-expected results may allow bears to finally break below that 1.04500 level and take EURUSD lower towards 1.03300. If reports indicate that the U.S. economy is slowing down, EURUSD may continue to rebound, but the break above 1.06000 is still unlikely. In addition, investors will study the FOMC Minutes from the last Federal Reserve meeting, due at 7:00 p.m. UTC. If they spot a less dovish or a more hawkish tone, signalling a cautious approach to future rate cuts, EURUSD will continue to weaken. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 The tariffs on China dropped AUDUSD The Australian dollar (AUD) has been trading sideways for the last five days. Today, the pair dropped under the significant support level of 0.65000 as U.S. President-elect Donald Trump threatened to impose an additional 10% tariff on China. 👉 Possible effects for traders Australia's economy is heavily reliant on exports to China, so it's particularly vulnerable to trade tensions between the U.S. and China. The Australian dollar is also often seen as a proxy for the Chinese yuan, so events in China can greatly impact Australian stocks. This Wednesday, investors will be watching out for Australian inflation data, as it will give a clue about the Reserve Bank of Australia's (RBA) future monetary policy. In their last meeting, the RBA said they'd keep interest rates high until inflation was closer to the target. However, they also stated they would adjust the policy based on economic data. AUDUSD has retraced towards 0.65000 during Asian and early European trading hours level after deep drop, devoted to tariffs on China. Today the market will be waiting for the U.S. CB Consumer Confidence, coming out at 3:00 p.m. UTC, and FOMC minutes at 7:00 p.m., which could provide further insight into the Federal Reserve's monetary policy path. 📲 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 26 November. 🔥 Don't forget to get a 100% deposit bonus!

USDCAD, 15-minute timeframe chart USDCAD retested the support level of 1.39510 👉General outlook USDCAD has been under buying pressure within the last couple of hours. The pair moved down to the support level of 1.39510. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 1.39925. Set your stop loss at 1.39639 below the previous low ($2.04 loss for 0.01 lot) and take profit at 1.40212 ($2.04 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 The EURUSD is among the most popular and liquid pairs in the Forex market. Anyone can easily find analyses, forecasts, and educational resources on it. The price swings for EURUSD aren't common. Beginners can start by analysing key U.S. and the Eurozone data: GDP figures, interest rate changes, and employment reports. Avoid trading when news is released to protect yourself from unexpected volatility. Crude oil Oil prices are liquid and have frequent movements, suitable for beginners to profit in both rising and falling markets. They are strongly influenced by political events, supply chain disruptions, and shifts in energy policies. This gives traders clear clues to watch for when planning their trades. Start by following OPEC decisions that influence oil prices. But be careful of volatility provoked by such events. #Gold #Brent #WTI #EURUSD #Forex101

Learn the top three assets for beginners in trading. Gold It is a stable asset with limited volatility. Gold offers opportunities to profit because it is supported by inflation and political tensions. To start, you can either buy gold when you believe prices will rise or sell when you expect prices to fall.