Octa Analytics

#weekly_outlook 🔎 Keeping up-to-date with the market helps you make better trading decisions Here’s a Weekly Market Outlook for 14 – 18 April from Vito Henjoto. Stay informed and trade wisely.

XAUUSD, 15-minute timeframe chart 👉Level explanation XAUUSD has been trading in a sideways market for the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 3,234.00. Set your stop loss at 3,249.60 above the previous high ($15.60 loss for 0.01 lot) and take profit at 3,218.40 ($15.60 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. @octa_analytics

#webinars_schedule #education 💫 Webinars are now right within the Octa Trading App on your Android device. Download the latest update and master your trading even more conveniently. 🔎 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: 🇮🇩 15/04, 7 p.m. WIB – INDONESIAN – Live trading session on OctaTrader with Vito Henjoto 🇬🇧 15/04, 6 p.m. WAT – ENGLISH – Live trading session with Ambrose Ebuka 🇬🇧 17/04, 6 p.m. WAT – ENGLISH – Live trading session with Tunmise Olaoluwa 🇲🇾 17/04, 9 p.m. MYT – MALAY – Live trading session with Cikgu Danie 🇮🇩 18/04, 7:15 p.m. WIB – INDONESIAN – Live trading session with Andre Rizky

💭 Your personality affects your trades more than you think. Impulsive? You might spot the bold trades others miss. Cautious? You're built for long-term survival. Analytical? Strategy is your comfort zone. Emotional? You just need to master your response. ✅ There's no 'one way' to trade right. The key is understanding yourself—and building around it. 🧠 Save this post if it made you think differently about trading.

‼️ 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!

🔗 Trade crypto in the Octa app 💡 What's happening? Crypto markets saw dramatic price swings on 7 April after President Trump announced a 90-day pause on tariffs. 🔹 Tariffs were cut to 10% for most countries but surged to 125% on Chinese imports, sparking mixed reactions. 🔹 BTCUSD rallied on the news, supported by improved short-term sentiment and a weakening USD. 🔹 However, macro uncertainty remains high, and investors are turning to safe-haven assets amid global risks. 🔹 In Europe, sentiment at the European Central Bank has turned increasingly cautious. According to Reuters, the bank now expects a sharper downturn in the eurozone economy as trade tensions escalate. 📊 Technical outlook Bitcoin has been consolidating over the past week, but analysts don't expect this to last. 📉 The long-term trend remains bearish, yet BTC has found strong support around $75,000. 📈 A breakout above $84,000 could trigger a move toward the February high at $95,128, with resistance at the exponential moving average 100 ($83,943) being the first major test. 💭 Is Bitcoin preparing for a breakout or stuck in uncertainty? Share your view below! 👇

GBPJPY, 30-minute timeframe chart 👉Level explanation GBPJPY has been trading in a sideways market for the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 186.670. Set your stop loss at 187.650 above the previous high ($6.87 loss for 0.01 lot) and take profit at 185.690 ($6.87 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. @octa_analytics

📊 Gold jumps by another 3% in one day The gold (XAU) price surged by almost 3% and hit a new all-time high on Thursday. The escalating trade war between the U.S. and China fuelled safe-haven demand and intensified concerns about global economic growth. 👉Possible effects for traders U.S. President Donald Trump raised tariffs on Chinese imports towards 125% after China retaliated against previous U.S. duties with an 84% tariff rate. According to the White House, the total U.S. duty on Chinese imports is now 145%. Rising tariffs intensify fears about the global economy's health and create a general sense of uneasiness among investors, prompting them to buy the bullion. Yesterday's gold rally was additionally fuelled by a drop in the U.S. Dollar (DXY) after the U.S. Labour Department data showed a surprise drop in consumer prices. Following the data, traders increased their bets that the U.S. Federal Reserve (Fed) will resume cutting interest rates in June and probably reduce its policy rate by a percentage point by the end of the year. 'Gold regains its safe-haven appeal and gets back on track for new all-time highs. However, prospects of deals with trading partners pose a significant risk to gold's upside potential, as they could renew pressure on the metal. Additionally, headwinds may arise from pared-back Fed rate cut bets that can strengthen the dollar', said Nikos Tzabouras, senior Market Analyst at Tradu. XAUUSD rose during the Asian and early European trading session. The market continues to focus on the unfolding trade tariff tensions. Investors closely monitor developments, assess potential economic repercussions, and adjust their portfolios in response to the ongoing uncertainty. Today's set of U.S. macroeconomic statistics may additionally fuel further volatility and influence investors' expectations of the path of U.S. interest rates. The Producer Price Index (PPI) data is due at 12:30 p.m. UTC, and the University of Michigan Consumer Sentiment report is due at 2:00 p.m. UTC. The reports may affect gold and other USD-related pairs. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH Follow @octa_analytics for more expert information

📊 Euro rockets on weak U.S. economic data The euro (EUR) gained 2.25% against the U.S. dollar (USD) on Thursday. The greenback weakened substantially following the release of a much weaker-than-expected U.S. Consumer Price Index (CPI) report. 👉Possible effects for traders Labor Department data showed that U.S. consumer prices unexpectedly fell in March. Investors immediately started to price in more rate cuts by the Federal Reserve (Fed). Now, interest rate swaps market data imply more than a 36% chance of 75 basis points worth of rate cuts by the Fed by the end of October. Meanwhile, the European Central Bank (ECB) is expected to deliver only 50 basis points worth of rate cuts over the same period. However, the improvement in U.S. inflation is unlikely to be sustained in the wake of tariffs. Investors' dovish expectations regarding the Fed could be misplaced, suggesting that EURUSD is at risk of a sharp downward correction. As for trade tariff concerns, the situation has stabilised a little. Although U.S. President Donald Trump maintained a 10% blanket import duty on most imports, he granted a 90-day freeze on reciprocal tariffs. Ursula von der Leyen, the European Commission Chief, said the EU would pause its first countermeasures against U.S. tariffs after Trump's pause. The news was treated positively by investors, driving EURUSD higher. EURUSD rose during the Asian session, but after reaching a strong resistance in the 1.13700 area, the pair started to pull back during the early European trading hours. The market now focuses on developments around trade tariffs. Investors will continue monitoring developments, assessing potential economic repercussions, and adjusting their portfolios in response to the ongoing uncertainty. Additionally, a set of U.S. macroeconomic statistics may fuel more volatility and affect expectations of U.S. interest rate directions. U.S. Producer Price Index (PPI) data is due at 12:30 p.m. UTC, and the University of Michigan Consumer Sentiment report is due at 2:00 p.m. UTC. Higher-than-expected figures may trigger a downward correction in EURUSD and bring it towards 1.11500. Conversely, lower-than-expected results may pull the pair higher towards 1.13700 again. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH Follow @octa_analytics for more expert information

📊 Bitcoin drops as risk sentiment doesn't improve The Bitcoin (BTC) price dropped by 3.7% on Thursday as risk sentiment increased amid fears over long-term tariff effects on the global economy. 👉Possible effects for traders Continuing geopolitical tensions significantly dampen investor appetite for risky assets such as cryptocurrencies, including Bitcoin. The escalating trade disputes between major economic powers like the U.S. and China and rising concerns about the overall health and stability of the global economy harm investors' risk sentiment. Upcoming U.S. macroeconomic data releases and new developments related to the unfolding U.S.-China trade war further exacerbate risk-averse sentiment. Earlier this week, Bitcoin's price fluctuated due to announcements and subsequent pauses on new U.S. trade tariffs for most countries except China. News about tariffs triggered a sharp drop in BTCUSD, but the announcement of a 90-day pause led to a recovery in the crypto market. However, the underlying tensions and the fact that tariffs on China remain in place have kept the market on edge. According to MarketPulse, Bitcoin exchange-traded funds (ETFs) experienced several consecutive days of outflows in early April. Some investors were pulling their funds from the asset, which could exert downward pressure on BTCUSD. Still, despite the short-term volatility and bearish signals, some experts hold long-term bullish views on Bitcoin. They predict BTCUSD prices may reach $250,000 by the end of 2025, driven by increasing global adoption of cryptocurrencies. BTCUSD rose during the Asian and early European trading session. Today, trade tariffs remain the main factor contributing to market volatility. Investors will closely monitor developments, assess potential economic repercussions, and adjust their portfolios to the ongoing uncertainty. Additionally, U.S. macroeconomic statistics may fuel additional volatility and influence investors' expectations of the U.S. interest rates direction. The U.S. Producer Price Index (PPI) report will come out at 12:30 p.m. UTC, and the University of Michigan Consumer Sentiment report is due at 2:00 p.m. UTC. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH Follow @octa_analytics for more expert information

#economic_calendar These events may affect the market on 11 April. 🔥 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!

📊 New tariffs boost gold significantly The gold (XAU) price rocketed by over 3% on Wednesday. Investors flocked to the safe-haven asset in response to escalating U.S.-China trade tensions triggered by additional U.S. tariffs imposed by President Donald Trump. 👉Possible effects for traders XAUUSD recorded its largest daily gain yesterday since October 2023 as traders view gold as the ultimate safe-haven asset amid rising geopolitical uncertainty and macroeconomic instability. Yesterday, Trump authorised a 90-day pause on new tariffs for most countries while increasing tariffs on imports from China towards 125%. Concerns that tariffs would trigger inflation and impede economic growth led investors to seek safety in gold. According to FOMC minutes, Federal Reserve (Fed) policymakers were nearly unanimous last month in warning that the U.S. economy faces risks of higher inflation and slower growth. Some noted that 'difficult tradeoffs' may lie ahead. 'Gold continues to be seen as a hedge against instability here. We got a situation where tariffs are becoming a big problem, and you have inflationary expectations going higher, and that's manifested by higher yields', said Bart Melek, head of commodity strategies at TD Securities. According to the CME Fed Watch tool, traders are now pricing in a 72% chance of a rate cut in June by the Fed. XAUUSD rose during the Asian and early European trading sessions. Trade tensions continue to affect the market, so traders should monitor upcoming news about U.S. tariffs. In addition, the upcoming U.S. Consumer Price Index (CPI) report at 12:30 p.m. UTC may add extra volatility to all USD pairs, including XAUUSD. The market expects a 0.3% rise in monthly core inflation and a 3% annual increase. If the report reveals higher-than-expected inflation, XAUUSD may drop slightly. Data about slowing inflation will likely give XAUUSD a significant boost. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH Follow @octa_analytics for more expert information

📊 Trade tariff changes affect euro Initially, the euro (EUR) rallied strongly against the U.S. dollar (USD) but later lost most gains and finished the day essentially unchanged. 👉Possible effects for traders Yesterday was quite a dramatic and volatile day for Forex traders as U.S. President Donald Trump announced a 90-day pause in tariffs. He also lowered tariffs on all countries to 10% during those 90 days and increased duties on Chinese imports towards 125%. The U.S. stock market rallied on the news, and general sentiment improved, but uncertainty remains. 'Markets can only sustain extreme conditions for so long before exhaustion sets in. The 90-day suspension does allow nice breathing room to allow negotiation to settle in, and market valuations have clearly been reset. Yet, the uncertainty for companies remains', said Carol Schleif, Chief Market Strategist at BMO Private Wealth. Meanwhile, the sentiment inside the European Central Bank (ECB) remains rather pessimistic. According to Reuters, the ECB predicts a sharper-than-expected eurozone economic downturn triggered by trade tariffs. One senior official said that the worst-case economic scenarios are now unfolding in real time. José Luis Escrivá, the governor of the Bank of Spain and a member of the ECB's governing council, told the Financial Times that the tariffs imposed by Donald Trump were delivering a 'very significant negative shock on economic activity'. Officials also stressed that the euro is an alternative to the U.S. dollar in global trade and that trade disputes could affect the U.S. dollar's status as a reserve currency. The ECB had earlier estimated that a full trade war with the US could reduce the eurozone GDP growth rate by 0.5 percentage points in the initial year. Fundamentally, the pressure on EURUSD remains slightly bullish as investors believe that the Federal Reserve (Fed) will pursue a more dovish monetary policy than the ECB. However, these expectations can change at any point as the narrative surrounding global trade tariffs unfolds. EURUSD rose during the Asian and early European trading sessions. Today, investors and traders should continue monitoring news about trade tariffs as they can significantly shift market sentiment. Also, the U.S. Consumer Price Index (CPI) report at 12:30 p.m. UTC may add volatility to all USD pairs, including EURUSD. The market expects a 0.3% rise in monthly core inflation and a 3.0% annual increase. If the CPI numbers are higher than expected, EURUSD may drop significantly. Otherwise, EURUSD will likely rise slightly on lower-than-expected inflation data. Key levels to watch are resistance at 1.10150 and support at 1.09270. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH Follow @octa_analytics for more expert information

📊 CAD rallies on new updates of trade tariffs The Canadian dollar gained 1.26% against the U.S. dollar (USD) on Wednesday. Investors' sentiment improved following U.S. President Donald Trump's decision to pause reciprocal tariffs for 90 days. 👉Possible effects for traders USDCAD has been in a downward trend since the beginning of February as traders have become more bearish on the USD, fearing that the U.S. economy will slow due to rising trade tariffs. Yesterday, CAD experienced the strongest rise in nearly three months as a sudden change in the U.S. on tariffs bolstered the outlook for the global economy. The USDCAD exchange rate is closely linked to commodity prices. Thus, when the prospect for the global economy improves, commodities—particularly crude oil—rally and USDCAD drops. 'The global growth outlook looks better is the bottom line for the Canadian dollar right now. Extreme reciprocal tariffs were likely to create a worldwide recession, and now it's clear it was all a negotiating tactic', said Adam Button, chief currency analyst at ForexLive. Also, Japan's Ministry of Finance said that Canada and Japan have agreed to cooperate to maintain stability in financial markets and the global financial system. As for the monetary policies, there is no noticeable divergence in monetary policy expectations between the Federal Reserve (Fed) and the Bank of Canada (BoC). Both central banks are currently expected to deliver roughly three 25-basis-point rate cuts in 2025. USDCAD fell during the Asian and early European trading sessions. Traders should continue monitoring U.S. trade policies as any news can significantly shift market sentiment. Also, the U.S. Consumer Price Index (CPI) report will come out at 12:30 p.m. UTC and add extra volatility to all USD pairs, including USDCAD. The market expects a 0.3% rise in monthly core inflation and a 3.0% annual increase. If inflation is higher than expected, USDCAD may rise significantly. If the CPI number is below the forecast, USDCAD will likely fall slightly. Key levels to watch are resistance at 1.41500 and support at 1.40300. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH Follow @octa_analytics for more expert information

USDJPY, 30-minute timeframe chart 👉General outlook USDJPY has been trading in a bearish trend for the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 146.360. Set your stop loss at 145.680 below the previous low ($4.65 loss for 0.01 lot) and take profit at 147.040 ($4.65 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. @octa_analytics

BTCUSD, 15-minute timeframe chart 👉Level explanation BTCUSD 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 81,800.00. Set your stop loss at 82,630.00 above the previous high ($8.30 loss for 0.01 lot) and take profit at 80,970.00 ($8.30 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. @octa_analytics

USDCAD, 15-minute timeframe chart 👉Level explanation USDCAD 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 1.40570. Set your stop loss at 1.40810 above the previous high ($1.71 loss for 0.01 lot) and take profit at 1.40330 ($1.71 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. @octa_analytics

#economic_calendar These events may affect the market on 10 April. 🔥 Don't forget to get a 100% deposit bonus!