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#economic_calendar These events may affect the market on 7 February. 🔥 Don't forget to get a 100% deposit bonus!

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BTCUSD, 30-minute timeframe chart BTCUSD formed a bullish Triangle pattern 👉General outlook BTCUSD has been trading in a sideways market within the last day. Now, the price displays the Triangle pattern. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 98,781.84. Set your stop loss at 97,628.84 below the previous low ($11.53 loss for 0.01 lot) and take profit at 99,934.84 ($11.53 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 pulled back from the resistance level of 152.900 👉General outlook USDJPY has been trading in a bullish trend for the last couple of hours. The pair rose to the resistance level of 152.900. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 152.628. Set your stop loss at 153.199 above the previous high ($3.74 loss for 0.01 lot) and take profit at 152.058 ($3.74 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 retested the support level of 2,852.00 👉General outlook XAUUSD has been under selling pressure within the last couple of hours. The pair dropped to the support level of 2,852.00. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 2,856.00. Set your stop loss at 2,845.80 below the previous low ($10.20 loss for 0.01 lot) and take profit at 2,866.20 ($10.20 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 continues rising The gold (XAU) price rose by 0.81% on Wednesday as investors continued to flock to safe-haven assets amid escalating concerns about the economic impact of a potential U.S.–China trade war. Also, weaker-than-expected U.S. macro statistics gave bullion an additional boost. 👉 Possible effects for traders Gold continues to be largely influenced by trade uncertainties—the tariffs with China and the retaliation has the market on edge, so safe-haven flows remain the dominant factor', said Peter Grant, vice president and senior metals strategist at Zaner Metals. In response to U.S. actions, China imposed its own tariffs on U.S. goods earlier this week as the U.S. President showed no interest in engaging with Chinese President Xi Jinping to mitigate the tensions. Economists largely agree that trade tariffs could drive U.S. inflation higher, making the Federal Reserve (Fed) more likely to hold its base interest rate higher for longer. At the same time, yesterday's U.S. ISM Services report came out much weaker than expected, improving the chances for an additional interest rate cut later this year. Overall, while the strong U.S. dollar and still relatively hawkish Fed exert downward pressure on XAUUSD, geopolitical uncertainty continues to push investors into safe-haven assets. XAUUSD was rising slightly during the Asian and early European trading sessions. Today, the formal macroeconomic calendar is relatively uneventful, but traders should monitor the news for any developments regarding U.S.-China trade relations. In addition, the Jobless Claims report at 1:30 p.m. UTC may spur some extra volatility. Lower-than-expected figures will likely have a slight bearish impact on XAUUSD, while higher-than-expected results may help the pair retest recent highs. 'Spot gold may rise to $2,934 per ounce, as suggested by a projection analysis and 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 rises slightly on weakened U.S. dollar The euro (EUR) gained 0.24% against the U.S. dollar (USD) on Wednesday as the greenback weakened following lower-than-expected U.S. ISM Services Index figures. 👉 Possible effects for traders Also, the absence of a U.S. response to China's newly imposed import tariffs may have contributed to a belief among some investors that a full-scale trade war could be avoided. This may have led some traders to close their long positions in the U.S. dollar, helping the euro recover. 'Markets continuing to price out tariff risks from FX markets', said Nick Rees, head of macro research at Monex Europe. Still, the eurozone economy remains deeply troubled, with little sign of a significant turnaround. Yesterday, French and Spanish Services Purchasing Managers' Indices (PMIs) came out weaker than expected. The data raised concerns about a potential slowdown in Europe's non-manufacturing sector, which has been a key driver of the eurozone economy's growth lately. Earlier today, EURUSD fell during the Asian and early European trading sessions. Traders should pay attention to any developments regarding U.S.–China trade relations. In addition, the German Factory Orders report at 7:00 a.m. UTC and Jobless Claims data at 1:30 p.m. UTC may heighten volatility. Technically, a failure to close above the key 1.04000 level means that bearish sentiment continues to dominate in EURUSD. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 Canadian dollar rises after a pause in U.S. trade tariffs The Canadian dollar (CAD) gained 0.1% yesterday after Canada won a reprieve from U.S. trade tariffs. 👉 Possible effects for traders Overall, USDCAD has been one of the most volatile Forex pairs lately. Trade tensions between the U.S. and Canada created significant uncertainty, impacting investor confidence and driving rapid price movements in the pair. However, despite a few substantial swings, USDCAD seems to have stabilised as Donald Trump paused the implementation of new tariffs and gave way to negotiations. Tariff worries are easing—for now, at least—allowing the CAD to stabilise. Unless trade talks deteriorate significantly again, there is a chance that the USDCAD peak reached Monday near 1.48 will represent a significant high-water mark for spot', said Shaun Osborne, chief currency strategist at Scotiabank. In addition, Canada Statistics reported yesterday that the country has managed to achieve a trade surplus for the first time in 10 months, as exports expanded faster than imports. The news may have also contributed to the USDCAD decline. Earlier today, USDCAD was rising during the Asian and early European trading sessions. Today, the formal macroeconomic calendar is relatively uneventful, but traders should monitor the news for any developments regarding U.S.–China trade relations. Also, Jobless Claims data due at 1:30 p.m. UTC may spur some extra volatility in the market. However, the major event for the USDCAD traders is tomorrow's Labour Force Survey report. Most traders will focus on the change in employment over the past month. Higher-than-expected figures may push USDCAD below 1.42200, whereas lower-than-expected results may prolong the bullish trend in USDCAD. 📲 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 6 February. 🔥 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!

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XAUUSD, 15-minute timeframe chart XAUUSD pulled back from the resistance level of 2,870.00 👉General outlook XAUUSD has been trading in a bullish trend for the last couple of hours. The pair rose to the resistance level of 2,870.00. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 2,869.01. Set your stop loss at 2,878.20 above the previous high ($9.19 loss for 0.01 lot) and take profit at 2,859.81 ($9.20 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. 👉Fundamental factors The U.S. ADP Employment Change report will be released in a few minutes and could affect this trade. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

EURUSD, 30-minute timeframe chart EURUSD retested the resistance level of 1.04300 👉Level explanation EURUSD has been trading in a bullish trend for the last couple of hours. The pair rose to the resistance level of 1.04300. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.04275. Set your stop loss at 1.04517 above the previous high ($2.42 loss for 0.01 lot) and take profit at 1.04033 ($2.42 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. 👉Fundamental factors The U.S. ADP Employment Change report will be released in a few hours and could affect this trade. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

USDCAD, 1-hour timeframe chart USDCAD retested the support level of 1.42700 👉General outlook USDCAD has been under selling pressure within the last couple of hours. The pair dropped to the support level of 1.42700. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 1.42793. Set your stop loss at 1.41732 below the previous low ($7.43 loss for 0.01 lot) and take profit at 1.43859 ($7.46 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. 👉Fundamental factors The U.S. ADP Employment Change report will be released in a few hours and could affect this trade.

📊 Gold rockets on persisting trade war fears The gold (XAU) price rallied by 1% on Tuesday as the U.S. dollar (USD) continued to retreat from its multi-month high, while safe-haven flows remained elected due to trade tensions between the U.S. and China. 👉 Possible effects for traders China retaliated with its own tariffs on U.S. exports in response to President Donald Trump's tariffs on China, and investors sold off the U.S. dollar and flocked into safe-haven assets, like gold and silver. 'The tariff news came out like it did overnight—I think right now that's the main driver… The dollar was strong going into the week here, but with a lower dollar, that also definitely helps the price of gold', said Bob Haberkorn, senior market strategist at RJO Futures. The combination of geopolitical uncertainty and weaker greenback, which makes gold less expensive for holders of other currencies, pulled XAUUSD to a fresh multi-year high. The pair is now less than $200 away from a major $3,000 mark. Escalating global trade tensions, especially between the world's two largest economies, damages investors' risk sentiment because it creates a general sense of unease and fuels inflation fears. One Federal Reserve (Fed) official warned on Monday that uncertainty over the price outlook calls for slower interest rate cuts. XAUUSD was rising during the Asian and early European trading sessions. U.S. President Donald Trump said he wasn't hurrying to speak to Chinese President Xi Jinping to defuse the existing trade tensions. The continuing rally in gold is probably a reaction to his comments. Today, traders should monitor any new developments around tariffs. In addition, several U.S. macrocosmic reports will likely trigger increased volatility. ADP Nonfarm Employment report is due at 1:15 p.m. UTC, and the ISM Services report is due at 3:00 p.m. UTC. Worse-than-expected results will likely pull XAUUSD higher towards $2,870. Conversely, better-than-expected figures may temporarily pause the rally and trigger a pullback towards $2,845. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH