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📊 USDJPY slows on Japanese officials' remarks USDJPY fell by 1.25% on Friday after Japanese Finance Minister Katsunobu Kato warned of potential intervention if the Japanese yen (JPY) weakens excessively. 👉 Possible effects for traders Bank of Japan (BOJ) Governor Kazuo Ueda reaffirmed that interest rates will continue to rise gradually in line with economic progress based on BOJ projections. However, he didn't provide any details about a possible rate increase in December. Ueda emphasised the need for the BOJ to carefully monitor various risks, including those tied to the U.S. economy, to make informed interest rate decisions. In a press conference, he also stated that the BOJ won't wait for all risks to become fully clear before making decisions, as delays could lead to more aggressive rate hikes in the future. This has led a market to price in a 54% chance of a 0.25% rate hike at the BOJ's next meeting on 19 December, up slightly from previous forecasts. Ueda's comments came after the U.S. presidential election results, raising investors' speculation regarding his potential approach to monetary policy. On Monday, USDJPY slightly rebounded after Ueda hinted at the possibility of further tightening but didn't specify when it could happen. Thus, the market is uncertain about whether rate hikes might occur next month or later. The Japanese Inflation Rate report will be released on Thursday at 11:30 p.m. UTC and is expected to influence BOJ's future monetary policy. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

USDCAD, 15-minute timeframe char USDCAD broke the resistance level of 1.40970 👉Level explanation USDCAD 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 1.40990. Set your stop loss at 1.40740 below the previous low ($1.78 loss for 0.01 lot) and take profit at 1.41240 ($1.78 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

BTCUSD, 1-hour timeframe chart BTCUSD retested the resistance level of 91,850.00 👉Level explanation BTCUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 91,850.00. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 91,700.00. Set your stop loss at 93,700.00 above the previous high ($20.00 loss for 0.01 lot) and take profit at 89,700.00 ($20.00 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

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USDJPY, 15-minute timeframe chart USDJPY retested the resistance level of 155.780 👉Level explanation USDJPY has been under selling pressure within the last couple of hours. The pair moved up to the resistance level of 155.780. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 154.667. Set your stop loss at 155.958 above the previous high ($8.35 loss for 0.01 lot) and take profit at 153.374 ($8.35 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. 📲 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 resistance level of 2,575.00 👉Level explanation XAUUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 2,575.00. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 2,572.50. Set your stop loss at 2,581.80 above the previous high ($9.30 loss for 0.01 lot) and take profit at 2,563.20 ($9.30 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. Some traders may close their positions on Friday, which can add more pressure to the market. 📲 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 broke the support level of 1.26500 👉Level explanation GBPUSD 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 1.26390. Set your stop loss at 1.26670 above the previous high ($2.80 loss for 0.01 lot) and take profit at 1.26110 ($2.80 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. 📲 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 char EURUSD retested the resistance level of 1.05770 👉Level explanation EURUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.05770. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.05730. Set your stop loss at 1.06030 above the previous high ($3.00 loss for 0.01 lot) and take profit at 1.05330 ($4.00 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. Some traders may close their positions on Friday, which can add more pressure to the market. 📲 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 to decline for the fifth consecutive day Gold (XAU) continued the decline on Thursday. The asset lost 0.32% yesterday and 5.35% since last Thursday—the biggest decline since 2023. Yesterday, the U.S. Dollar Index (DXY) rose on strong U.S. data and Federal Reserve (Fed) Chair Jerome Powell's comments. 👉 Possible effects for traders The Department of Labor reported that initial claims for unemployment benefits in the state decreased by 4,000 towards 217,000 on a seasonally adjusted basis for the week, slightly lower than the expected 223,000. This suggests that the weak October nonfarm payroll report may have been an anomaly. In the latest inflation report, the producer price index (PPI) for final demand increased by 0.2% in the previous month, aligning with market expectations, up from an upwardly revised increase of 0.1% in September. Annually, PPI rose by 2.4%, up from 1.9% in September. Yesterday, the head of the U.S. central bank said that with the economy still growing, a strong job market, and inflation still above the 2% target, there's no need to rush to cut interest rates. Fed can take its time and be more deliberate about it. According to Adam Hetts from Janus Henderson Investors, this has tempered some of the expectations that had been quite optimistic about the chances of interest rate cuts. He said it's still not clear if inflation and employment are balanced, but this message about the economy is positive. XAUUSD continues its downtrend during Asian and early European trading hours. Today, the U.S. Retail Sales data comes out at 1:30 p.m. UTC. A higher-than-expected figure may put more pressure on the gold, while a milder report may support XAUUSD. 'Gold may retest the $2,540 level once again before the rebound to the $2,600 per ounce,' 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

📊 EURUSD may rebound in the short term but looks weak fundamentally The euro (EUR) lost 0.31% against the U.S. dollar (USD) on Thursday, declining for the fifth straight trading session. Meanwhile, the greenback strengthened due to expectations that elected U.S. President Donald Trump would pursue different policies than his predecessor. 👉 Possible effects for traders The market seems to be quite certain that Trump's policies on immigration, tax cuts, and tariffs will be inflationary and will force the Federal Reserve (Fed) to pursue tighter monetary policy. Yesterday's macro reports put additional bearish pressure on EURUSD. The U.S. Labor Department reported that U.S. producer prices picked up in October, while the number of Americans filing new applications for unemployment benefits fell last week, suggesting labour market strength. Meanwhile, Eurostat data showed that eurozone industrial production declined by 2% in September, disappointing investors expecting a less severe 1.4% decline. On top of that, Fed Chair Jerome Powell said yesterday there was no need to rush rate cuts as the economy was still growing, while the jobs market was solid and inflation was still above the 2% target. Overall, EURUSD may experience an upward technical correction in the short term, but traders still lack a fundamental reason to be bullish on the euro in the long run. EURUSD was rising slightly during the Asian and early European trading sessions. Today's macroeconomic calendar is relatively uneventful. Only U.S. Retail Sales may have a noticeable impact on volatility. The market expects a 0.3% rise in monthly retail sales figures and a 0.3% increase in core sales. Lower-than-expected figures may push EURUSD higher, but there is strong resistance at 1.06000. Conversely, stronger-than-expected figures may further weaken the pair. However, an additional bearish impulse may be limited given that EURUSD is already near a one-year low. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 Rally in BTCUSD pauses, but the pair is expected to continue rising Bitcoin (BTC) decreased by 3.48% yesterday after rising sharply to a new all-time high above $93,000 following the results of the U.S. election. After a rally, the price corrected towards $88,000. 👉 Possible effects for traders At the start of the Asian trading session on Friday, Bitcoin was trading at around $88,000. Due to investors taking profits, the price has decreased significantly over the past few days. According to Julio Moreno, Head of Research at CryptoQuant, miners transfer bitcoins from their wallets when the price exceeds $90,000. There was an extreme outflow of miners on Thursday— around 25,000 BTC were transferred. Many experts believe that Bitcoin may reach $100,000, with the increased supply of stablecoins and potential government investment fuelling the increase. Even though a significant number of miners took profits, futures contracts on exchanges have increased and futures trading volumes have reached $129 billion. It signals that there is increasing activity among traders, which may lead to high price volatility. Bitwise Investment Director Matt Hougan has stated that for Bitcoin to exceed $100,000, increased demand from investors and central banks will be necessary. He has also emphasised the possibility of Bitcoin reaching $500,000. Following a sharp rise, a correction to $84,000 is anticipated if miners continue to lock in their profits. On a global scale, reaching the $100,000 level for Bitcoin is quite probable, and many investors have already prepared for such a scenario. 📲 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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GBPJPY, 1-hour timeframe chart GBPJPY retested the resistance level of 198.400 👉Level explanation GBPJPY has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 198.400. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 198.320. Set your stop loss at 198.820 above the previous high ($3.20 loss for 0.01 lot) and take profit at 197.820 ($3.20 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. 👉Fundamental factors The U.K. Gross Domestic Product report will be released in a few hours and could affect this trade. Some traders may close their positions on Friday, which can add more pressure to the market. 📲 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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AUDUSD, 30-minute timeframe chart AUDUSD retested the resistance level of 0.64770 👉Level explanation AUDUSD has been under selling pressure within the last couple of hours. The pair moved up to the resistance level of 0.64770. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 0.64612. Set your stop loss at 0.64848 above the previous high ($2.36 loss for 0.01 lot) and take profit at 0.64376 ($2.36 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

‼️ 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!

‼️ 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!

‼️ 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!

📊 Gold continues its downward correction Gold (XAU) continued its downward correction, falling by nearly 1% yesterday. XAUUSD broke below multiple support levels, and now the support level at $2,550 may slow the drop. 👉 Possible effects for traders The latest U.S. inflation data aligned with expectations. Still, gold reacted negatively as U.S. Treasury yields and the U.S. dollar (USD) continued to rise, hitting a new yearly high. The Consumer Price Index (CPI) increased from 2.4% towards 2.6% annually, with a monthly rise of 0.2%. According to the CME FedWatch Tool, the probability of a cut increased towards 82%, up from only 58% yesterday. Despite growing expectations for a 25-basis-point rate cut by the Federal Reserve (Fed) in December, it didn't slow the U.S. dollar's rise. Analysts expect that policies under Donald Trump may hinder the Fed's plans for monetary easing if he implements tax and tariff cuts. Market participants are focused on today's Fed Chair Jerome Powell speech, U.S. Producer Price Index (PPI), and employment data releases. Recently, several Fed officials, including Minneapolis Fed President Neel Kashkari, have advocated for lowering borrowing costs and suggested inflation moves towards the 2% goal. XAUUSD may continue to decline towards support levels of $2,550 and $2,520. However, while gold is in an extended correction, it's too early to talk about a significant reversal of the long-term upward trend. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH