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‼️ 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!

GBPUSD, 1-hour timeframe chart GBPUSD tested the resistance level of 1.34275 👉General outlook GBPUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.34275. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.34200. Set your stop loss at 1.34450 above the previous high ($2.50 loss for 0.01 lot) and take profit at 1.33950 ($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. 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

Today is Friday, which means there is yet another crypto update. The news is positive for bull traders. This week, BTCUSD surged beyond $65k due to several factors. 1️⃣ Large investments in ETF. 2️⃣ Historically high housing prices. 3️⃣ The announcement of China's economic stimulus measures. BTCUSD seems to be developing a new bullish trend. The recent breakout of the 65,000 resistance level was supported by volume, which is good for bulls. Analysts suppose the price may slightly correct towards the SMA 50 on a four-hour chart timeframe, with further confident growth towards 70,000 as a mid-term maximum. The alternative is for the price to fail, hold the 0.786 Fibonacci level, and decline towards the 60,000 support level (dashed arrow on the graph). Sign up with Octa to trade crypto. #crypto #cryptotrading #cryptonews #cryptoupdate #forextrading

📊 U.S. Elections: Kamala Harris leads Donald Trump by almost 7% Despite Kamala Harris leading over Donald Trump, the election race is far from over. The key battlegrounds will likely be in seven states where recent polls indicated a tight race. Polls conducted by the New York Times and Siena College found Trump leading in three of these states—Arizona, Georgia, and North Carolina—by a slim margin. When asked who would best address issues such as the economy, unemployment, and jobs, 43% of voters chose Donald Trump, while only 41% selected Kamala Harris. At present, there is no clear frontrunner in the presidential race, and markets are responding accordingly. 👉 Possible effects for traders Gold (XAU) has been waiting for further developments and has remained relatively stable but has retreated from historical highs. XAUUSD may continue to grow if the current U.S. policy, promoted by Kamala Harris, is maintained. If the market receives a signal that Harris will receive a majority of votes in the swing states, then the pair will likely continue rising towards new highs. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 Gold slows down as traders closely monitor the U.S. reports Gold (XAU) showed the first signs of slowing down on Thursday, as the recent U.S. reports were better than expected. 👉 Possible effects for traders The U.S. Gross Domestic Product (GDP) growth report showed a growth of 3% annually for Q2. Jobless claims unexpectedly decreased, and durable goods orders were higher than expected. Although this data is supposed to question the possibility of future aggressive rate cuts, the market still awaits another 50-basis-point (bps) reduction in November by the Federal Reserve (Fed). According to the CME FedWatch tool, there is now a 50.2% probability of a large rate decrease. Another positive factor for gold is that China's central bank unveiled its biggest stimulus this week since the COVID-19 pandemic and is expected to cut its seven-day reverse repo rate. ‘This stimulus is giving industrial metals a boost, and gold won't be an exception’, said Wang Tao, Reuters analyst. Also, the tensions in the Middle East persist, and they usually act in favour of the precious metal. Gold has been correcting downwards during Asian and early European trading hours. According to Wang Tao: ‘Spot gold may retest support at $2,654 per ounce. A break below could open the way towards the $2,633 to $2,641 range’. Market participants will be waiting for the U.S. Personal Consumption Expenditures (PCE) Price Index report, coming out today at 12:30 p.m. UTC. Stronger-than-expected data may further diminish expectations for a large rate cut by the Fed, pushing XAUUSD lower. Otherwise, gold will likely continue rising. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🚀 Bitcoin reached $65,000 on macroeconomic trends and institutional demand Bitcoin (BTC) gained 3.14% on Thursday, fueled by an increased risk appetite among investors following the third estimate of U.S. gross domestic product growth for Q2, rising by the annual 3%. 👉 Possible effects for traders Bitcoin's surge beyond $65,000 is fueled by positive macroeconomic conditions, growing institutional interest, and renewed momentum in the tech sector. Significant inflows into Bitcoin exchange-traded funds (ETFs) indicate a shift in investors' sentiment. Fears of a stock market bubble have diminished as U.S. economic data showed signs of economic growth, coupled with housing prices hitting a record high. Also, China's newly announced economic stimulus measures triggered the largest weekly surge in the CSI 300 stock index in over a decade, which sparked optimism across many other financial assets, including Bitcoin. However, the most impactful recent event driving Bitcoin's price was a $242 million inflow into spot Bitcoin ETFs over just two days. This changed investors' sentiment, as scepticism had lingered about institutional demand, especially after BlackRock's iShares Bitcoin Trust ETF saw only $5 million in inflows since its launch on 27 August, according to Farside Investors data. BTCUSD moved sideways during the Asian trading hours. Today, the U.S. Personal Consumption Expenditures (PCE) Price Index will be released at 12:30 p.m. UTC. Higher-than-expected figures could strengthen the U.S. dollar and push BTCUSD lower as the chances for a 50-basis-point U.S. rate cut in November will decrease. Meanwhile, lower-than-expected data may boost BTCUSD. Overall, this key inflation report will likely increase volatility in 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

GBPJPY, 15-minute timeframe chart GBPJPY retested the support level of 191.000 👉General outlook GBPJPY has been trading in a bearish trend within the last day. The pair moved down to the support level of 191.000. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 191.550. Set your stop loss at 190.600 below the previous low ($6.63 loss for 0.01 lot) and take profit at 192.500 ($6.63 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, 15-minute timeframe chart EURUSD retested the support level of 1.11590 👉General outlook EURUSD has been trading in a bearish trend for the last couple of hours. The pair moved down to the support level of 1.11590. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 1.11630. Set your stop loss at 1.11420 below the previous low ($2.10 loss for 0.01 lot) and take profit at 1.11840 ($2.10 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. 📝Fundamental factors The French Inflation Rate report will be released in a few minutes 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

Traders, prepare to update your portfolios—the week's most important event is in the offing. The U.S. Bureau of Economic Analysis will publish the Personal Consumption Expenditure (PCE) report on 27 September at 12:30 p.m. UTC. The data will include the latest U.S. consumer spending and individual prices. It will likely affect the exchange rate of all USD pairs, as it could impact the likelihood of a Federal Reserve (Fed) rate cut in November. According to Reuters, the market expects a 0.2% rise in the index. If the figures come out higher than expected, EURUSD and XAUUSD may fall. However, lower-than-expected results may push the euro and gold higher.

Apply this information to your trading setup in the Octa app via the link.

#Trading #Forex #WeeklyTradingCalendar #MarketUpdates

Traders, prepare to update your portfolios—the week's most important event is in the offing. The U.S. Bureau of Economic Analysis will publish the Personal Consumption Expenditure (PCE) report on 27 September at 12:30 p.m. UTC. The data will include the latest U.S. consumer spending and individual prices. It will likely affect the exchange rate of all USD pairs, as it could impact the likelihood of a Federal Reserve (Fed) rate cut in November. According to Reuters, the market expects a 0.2% rise in the index. If the figures come out higher than expected, EURUSD and XAUUSD may fall. However, lower-than-expected results may push the euro and gold higher.

Apply this information to your trading setup in the Octa app via the link.

#Trading #Forex #WeeklyTradingCalendar #MarketUpdates

Traders, prepare to update your portfolios—the week's most important event is in the offing. The U.S. Bureau of Economic Analysis will publish the Personal Consumption Expenditure (PCE) report on 27 September at 12:30 p.m. UTC. The data will include the latest U.S. consumer spending and individual prices. It will likely affect the exchange rate of all USD pairs, as it could impact the likelihood of a Federal Reserve (Fed) rate cut in November. According to Reuters, the market expects a 0.2% rise in the index. If the figures come out higher than expected, EURUSD and XAUUSD may fall. However, lower-than-expected results may push the euro and gold higher.

Apply this information to your trading setup in the Octa app via the link.

#Trading #Forex #WeeklyTradingCalendar #MarketUpdates

‼️ 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!

#economic_calendar These events may affect the market on 27 September. 🔥 Don't forget to get a 100% deposit bonus!

🎵 Do you remembahh trading with Octa in Septembahh🎵 Where were we? It's all about rhythm, not only for dancing but for trading and living the life itself! Let's find your style! If you are: 🎶 the quick step of a day trader—press ❤️ 🎶 the flow of a swing trader—press 🔥 🎶 the steady beat of a long-term investor—press 👌 Dance through September together with us! Stay energized, stay confident, and, most importantly, stay in sync with market movements. Trading, like a great song, is all about timing—so find your rhythm, and let's groove through the month together. #septemberblues #september #tradingstyles #tradingcommunity #tradinglifestyle

EURUSD, 15-minute timeframe chart EURUSD broke the support level of 1.11350 👉Level explanation EURUSD 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 1.11350. Set your stop loss at 1.11600 above the previous high ($2.50 loss for 0.01 lot) and take profit at 1.11100 ($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

📊 Euro is under pressure as the U.S. housing market data exceed expectations The euro (EUR) lost 0.43% against the U.S. dollar (USD) on Wednesday following the release of a better-than-expected U.S. New Homes Sales report. 👉 Possible effects for traders The data showed that the U.S. housing market saw a smaller-than-anticipated decline in new single-family home sales in August. Additionally, the report indicated that new home sales were higher than estimated in the previous three months. Furthermore, lower mortgage rates and falling house prices may boost demand in the coming months, which may discourage the Federal Reserve (Fed) from cutting the rates too aggressively. However, traders continue to price in a 60% chance of a 50-basis-point rate cut—up from 37% a week ago—at the Fed monetary policy meeting on 7 November. Meanwhile, despite weak German economic data and concerns about the French budget, the market continues to doubt the European Central Bank’s (ECB) willingness to cut the rates at the upcoming meeting. ‘China's stimulus had earlier contributed to a stronger euro, with its resilience partly driven by a perception that a better outlook for Chinese demand could feed its way back through into Germany and through into Europe’, said Jane Foley, senior Forex strategist at Rabobank. EURUSD was rising during the Asian and early European trading sessions. Today will likely be a very volatile day for USD pairs due to a series of economic reports and scheduled speeches by Fed officials. Arguably, the main event is the publication of the U.S. Gross Domestic Product, Jobless Claims, and Durable Goods Orders reports at 12:30 p.m. UTC. Better-than-expected results will put additional bearish pressure on EURUSD, but worse-than-expected figures will likely pull the pair above 1.11800 again. In addition, Jerome Powell will speak at 1:20 p.m. UTC and may provide forward guidance on future changes in U.S. 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

📊 Gold moves within a range ahead of U.S. economic data Gold (XAU) moved within the $2,650–$2,670 range on Wednesday as investors looked forward to a series of U.S. macro data for further guidance on the Federal Reserve (Fed) monetary policy. 👉 Possible effects for traders Gold remained near $2,660 on Wednesday, hovering at record levels, as markets evaluated the extent of potential rate cuts by the Fed in its ongoing easing cycle. This week, several Fed officials advocated for a cautious stance on further policy changes following the substantial 50-basis-point (bps) cut earlier this month. However, market expectations still lean toward another rate cut in November, with fed fund futures pricing in approximately a 60% likelihood of an additional 50-bps reduction. The U.S. report on Wednesday revealed that new home sales in the previous three months were revised to be higher than initially estimated. Mortgage rates have fallen to their lowest in over 18 months, while the supply of existing homes remains limited. ‘We expect lower mortgage rates, pent-up demand, and a still relatively scarce supply of existing homes, despite recent increases, to support modest growth in new home sales through the remainder of 2024 and into 2025’, said Nancy Vanden Houten, lead U.S. economist at Oxford Economics. Last month, new home sales fell by 4.7% towards a seasonally adjusted annual rate of 716,000 units, according to the Census Bureau. XAUUSD was essentially unchanged during the Asian trading session. Today, traders should focus on the release of the U.S. Durable Goods Orders report at 12:30 p.m. UTC. Lower-than-expected figures should positively impact XAUUSD, potentially pushing the price above $2,670. However, the pair may start a downward correction on better-than-expected figures. Additionally, Fed Chair Jerome Powell will give a speech today at 1:20 p.m. UTC. His comments may provide new insights on the upcoming rate-cut strategy and affect XAUUSD's price. ‘Spot gold may break resistance at $2,667 per ounce and rise into the $2,675 to $2,689 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

🚀 USDCAD rebounds on the possibility of more cautious U.S. rate cuts USDCAD rebounded and retested the 1.34850 resistance level on Wednesday. The pair experienced a 0.4% increase after U.S. data indicated that the sales of new single-family homes declined less than anticipated in August. 👉 Possible effects for traders Sales of new single-family homes declined by 4.7% in August, reaching a seasonally adjusted annual rate of 716,000. While this drop partially offset the revised 10.3% surge from the previous month, it still slightly exceeded market forecasts of 700,000. This drop may influence the Federal Reserve's (Fed) plans regarding the U.S. monetary policy. Still, according to the CME FedWatch tool, there is a 60.5% possibility that the Fed will cut the rate by another 50 basis points (bps) in November. Overall, investors seem to have taken a more cautious approach to the U.S. interest rate reduction, pushing the U.S. Dollar Index (DXY) higher. This week, Fed officials didn't give a unified view of where they think rates will go. On Wednesday, Fed governor Adriana Kugler said she supports the decision to cut rates by 50 bps in November, but she didn't say her preferred path for future cuts. Earlier this week, Austen Goolsbee from the Chicago Fed said policymakers shouldn't lag behind in making sure the economy transitions smoothly. Raphael Bostic from the Atlanta Fed also stressed the importance of not cutting rates too quickly. Overall, there is no clear consensus on the U.S. interest rate path. USDCAD has been declining during the Asian and early European trading sessions. Today, the U.S. Jobless Claims report will be published at 12:30 p.m. UTC. These updates on the state of the U.S. labour market will provide further insight into the pace of interest rate reduction. Additionally, Fed Chairman Jerome Powell will deliver a speech at the U.S. Treasury Market Conference in New York at 1:20 p.m. UTC today. His comments may affect the U.S. dollar and related pairs, including USDCAD. 📲 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 chart USDCAD retested the resistance level of 1.34770 👉Level explanation USDCAD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 1.34770. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 1.34697. Set your stop loss at 1.34918 above the previous high ($1.64 loss for 0.01 lot) and take profit at 1.34475 ($1.64 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