#economic_calendar
These events may affect the market on 29 April.
🔥 Don't forget to get a 100% deposit bonus!
These events may affect the market on 29 April.
🔥 Don't forget to get a 100% deposit bonus!
USDCAD, 15-minute timeframe chart
👉General outlook
USDCAD 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 1.38290.
Set your stop loss at 1.38000 below the previous low ($2.10 loss for 0.01 lot) and take profit at 1.38580 ($2.10 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
👉General outlook
USDCAD 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 1.38290.
Set your stop loss at 1.38000 below the previous low ($2.10 loss for 0.01 lot) and take profit at 1.38580 ($2.10 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
📊 British pound strenghtens due to U.S. dollar's weakness
The British pound (GBP) increased towards a three-year high of 1.34000 on Monday.
👉Possible effects for traders
The EY Item Club has revised the U.K. economic outlook downward, citing the impact of U.S. tariffs introduced by U.S. President Donald Trump. The group now projects a gross domestic product growth rate of just 0.8% in 2025, down from its previous estimate of 1%. The firm also lowered its 2026 forecast towards 0.9%. The downgrade reflects expectations that the escalating global tariff war will dampen consumer spending and restrain business investment.
'Given the conflicting signals, I think a deal is very unlikely in the near-term, and China might be preparing for a protracted trade war', said Carol Kong, a currency strategist at Commonwealth Bank of Australia. 'Overall, the U.S. tariff policy is very chaotic, and markets definitely don't like that, but there is indeed some growing optimism that the worst of the trade war is over'.
GBPUSD fell slightly during Asian and early European trading sessions. Today, U.S. JOLTS Job Openings data at 2:00 p.m. UTC may shift investors' monetary policy expectations and trigger volatility in GBPUSD. Numbers exceeding the forecast may lower the probability of an interest rate cut by the Federal Reserve, pushing GBPUSD lower towards 1.33000. Lower-than-expected results will confirm that the U.S. labour market is loosening, pushing GBPUSD above 1.34500.
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The British pound (GBP) increased towards a three-year high of 1.34000 on Monday.
👉Possible effects for traders
The EY Item Club has revised the U.K. economic outlook downward, citing the impact of U.S. tariffs introduced by U.S. President Donald Trump. The group now projects a gross domestic product growth rate of just 0.8% in 2025, down from its previous estimate of 1%. The firm also lowered its 2026 forecast towards 0.9%. The downgrade reflects expectations that the escalating global tariff war will dampen consumer spending and restrain business investment.
'Given the conflicting signals, I think a deal is very unlikely in the near-term, and China might be preparing for a protracted trade war', said Carol Kong, a currency strategist at Commonwealth Bank of Australia. 'Overall, the U.S. tariff policy is very chaotic, and markets definitely don't like that, but there is indeed some growing optimism that the worst of the trade war is over'.
GBPUSD fell slightly during Asian and early European trading sessions. Today, U.S. JOLTS Job Openings data at 2:00 p.m. UTC may shift investors' monetary policy expectations and trigger volatility in GBPUSD. Numbers exceeding the forecast may lower the probability of an interest rate cut by the Federal Reserve, pushing GBPUSD lower towards 1.33000. Lower-than-expected results will confirm that the U.S. labour market is loosening, pushing GBPUSD above 1.34500.
📲 More trading opportunities in our app
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📊 EURUSD remains in bearish trend
The euro (EUR) gained 0.43% against the U.S. dollar (USD) on Monday. The U.S. dollar weakened as investors underestimated the state of the U.S. economy and began forecasting tariff cuts after recent comments from Treasury Secretary Scott Bessent.
👉Possible effects for traders
'This is the calm before the storm. We're consolidating, trading broadly sideways today, mostly within Friday's ranges', said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York. 'The big stuff still lies ahead this week. We have largely seen soft survey data, but this week we will see evidence that weakness has crept into the real sector data such as Q1 GDP (gross domestic product), and that's before the tariffs', Chandler added.
Meanwhile, eurozone economic statistics released this morning surprised the market. The German GfK Consumer Sentiment report was better than expected and showed that sentiment rose from −24.3 towards −20.6—the highest since November 2024. The economic outlook for the eurozone is still complicated by geopolitical uncertainties, such as ongoing global trade tensions and the effects of international conflicts, particularly in Ukraine. These factors push higher energy prices and make it difficult for the European Central Bank (ECB) to balance economic growth and low inflation.
EURUSD fell during the Asian and early European trading sessions. Today, the market focuses on the U.S. macroeconomic reports at 2:00 p.m. UTC: JOLTS Job Openings and CB Consumer Confidence. Stronger-than-expected figures could delay rate cuts by the Federal Reserve, bringing EURUSD below 1.13000. Conversely, lower-than-expected results may weaken the greenback and push EURUSD higher, above 1.14300.
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The euro (EUR) gained 0.43% against the U.S. dollar (USD) on Monday. The U.S. dollar weakened as investors underestimated the state of the U.S. economy and began forecasting tariff cuts after recent comments from Treasury Secretary Scott Bessent.
👉Possible effects for traders
'This is the calm before the storm. We're consolidating, trading broadly sideways today, mostly within Friday's ranges', said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York. 'The big stuff still lies ahead this week. We have largely seen soft survey data, but this week we will see evidence that weakness has crept into the real sector data such as Q1 GDP (gross domestic product), and that's before the tariffs', Chandler added.
Meanwhile, eurozone economic statistics released this morning surprised the market. The German GfK Consumer Sentiment report was better than expected and showed that sentiment rose from −24.3 towards −20.6—the highest since November 2024. The economic outlook for the eurozone is still complicated by geopolitical uncertainties, such as ongoing global trade tensions and the effects of international conflicts, particularly in Ukraine. These factors push higher energy prices and make it difficult for the European Central Bank (ECB) to balance economic growth and low inflation.
EURUSD fell during the Asian and early European trading sessions. Today, the market focuses on the U.S. macroeconomic reports at 2:00 p.m. UTC: JOLTS Job Openings and CB Consumer Confidence. Stronger-than-expected figures could delay rate cuts by the Federal Reserve, bringing EURUSD below 1.13000. Conversely, lower-than-expected results may weaken the greenback and push EURUSD higher, above 1.14300.
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📊 Gold continues to consolidate
Gold (XAU) has been fluctuating within a narrow range of $3,260–3,360 since the beginning of the week, due to a lack of new drivers and trade tariff news. On Monday, U.S. Treasury Secretary Scott Bessent remarked that several key U.S. trading partners have submitted 'very good' proposals designed to forestall the imposition of U.S. tariffs. He highlighted China's recent exemption of some American goods from its counter-tariffs as a signal of Beijing's intent to de-escalate trade tensions. Still, Bessent underscored that the U.S. is actively engaged in negotiations and that the responsibility ultimately lies with China to implement substantive measures to reduce trade tensions.
👉Possible effects for traders
'We're starting to see the first signs of selling exhaustion', TD Securities commodity strategist Daniel Ghali said, adding that the risk of a downward correction in gold is extremely limited. 'Western investors, particularly discretionary traders or macro funds, have been completely under-positioned in this last leg of gold's rally, and as a result of that, there's a limited amount of selling activity, and gold prices are drifting higher to reflect that', Ghali added.
The bullish trend may continue, driven by increased demand for gold. 'Feedback from experts suggests that buyers are showing keen interest in various forms of gold, including higher karat gold jewellery, gold ETFs, digital gold, coins and bars, further strengthening its role in Indian households. Given the seasonal and wedding demand, strong gold buying is expected this festive season', Sachin Jain, regional executive director of World Gold Council India, wrote in a note.
XAUUSD fell during the Asian and early European trading sessions. Today, traders should continue monitoring developments around global trade tariffs. Also, U.S. macroeconomic releases may trigger extra volatility. CB Consumer Confidence and JOLTS Job Openings reports are due at 2:00 p.m. UTC. Higher-than-expected figures may pause the rally in XAUUSD but are unlikely to break the bullish trend. Lower-than-expected results may push the pair above $3,350.
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Gold (XAU) has been fluctuating within a narrow range of $3,260–3,360 since the beginning of the week, due to a lack of new drivers and trade tariff news. On Monday, U.S. Treasury Secretary Scott Bessent remarked that several key U.S. trading partners have submitted 'very good' proposals designed to forestall the imposition of U.S. tariffs. He highlighted China's recent exemption of some American goods from its counter-tariffs as a signal of Beijing's intent to de-escalate trade tensions. Still, Bessent underscored that the U.S. is actively engaged in negotiations and that the responsibility ultimately lies with China to implement substantive measures to reduce trade tensions.
👉Possible effects for traders
'We're starting to see the first signs of selling exhaustion', TD Securities commodity strategist Daniel Ghali said, adding that the risk of a downward correction in gold is extremely limited. 'Western investors, particularly discretionary traders or macro funds, have been completely under-positioned in this last leg of gold's rally, and as a result of that, there's a limited amount of selling activity, and gold prices are drifting higher to reflect that', Ghali added.
The bullish trend may continue, driven by increased demand for gold. 'Feedback from experts suggests that buyers are showing keen interest in various forms of gold, including higher karat gold jewellery, gold ETFs, digital gold, coins and bars, further strengthening its role in Indian households. Given the seasonal and wedding demand, strong gold buying is expected this festive season', Sachin Jain, regional executive director of World Gold Council India, wrote in a note.
XAUUSD fell during the Asian and early European trading sessions. Today, traders should continue monitoring developments around global trade tariffs. Also, U.S. macroeconomic releases may trigger extra volatility. CB Consumer Confidence and JOLTS Job Openings reports are due at 2:00 p.m. UTC. Higher-than-expected figures may pause the rally in XAUUSD but are unlikely to break the bullish trend. Lower-than-expected results may push the pair above $3,350.
📲 More trading opportunities in our app
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🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH
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GBPUSD, 30-minute timeframe chart
👉General outlook
GBPUSD has been trading in a bullish trend for the last couple of hours.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1.34097.
Set your stop loss at 1.34396 above the previous high ($2.99 loss for 0.01 lot) and take profit at 1.33798 ($2.99 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
👉General outlook
GBPUSD has been trading in a bullish trend for the last couple of hours.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1.34097.
Set your stop loss at 1.34396 above the previous high ($2.99 loss for 0.01 lot) and take profit at 1.33798 ($2.99 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
What moved the market this week? Our latest market movers round-up reveals the key shifts:
🚀 Top performers:
🔹USDCHF +1.40% — the Swiss franc gained as the greenback strengthened.
🔹USDJPY +1.04% — the yen weakened with a positive risk sentiment.
🔹NZDUSD +0.37% — the kiwi dollar rose as investors took on more risk.
❌ Top losers:
🔹USDMXN –1.10% — the peso weakened despite improved sentiment.
🔹USDZAR –0.78% — the rand faced pressure amid a risk-on market shift.
🔹XAUUSD –0.28% — gold retreated as traders turned to riskier assets.
💬 Easing US–China trade tensions helped boost market sentiment, driving risk-sensitive currencies higher.
Follow @octa_analytics for more expert information
🚀 Top performers:
🔹USDCHF +1.40% — the Swiss franc gained as the greenback strengthened.
🔹USDJPY +1.04% — the yen weakened with a positive risk sentiment.
🔹NZDUSD +0.37% — the kiwi dollar rose as investors took on more risk.
❌ Top losers:
🔹USDMXN –1.10% — the peso weakened despite improved sentiment.
🔹USDZAR –0.78% — the rand faced pressure amid a risk-on market shift.
🔹XAUUSD –0.28% — gold retreated as traders turned to riskier assets.
💬 Easing US–China trade tensions helped boost market sentiment, driving risk-sensitive currencies higher.
Follow @octa_analytics for more expert information
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Unlock premium signals, exclusive offers, and important events to boost your trading success.
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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.
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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!
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#economic_calendar
These events may affect the market on 30 April.
🔥 Don't forget to get a 100% deposit bonus!
These events may affect the market on 30 April.
🔥 Don't forget to get a 100% deposit bonus!
ETHUSD, 15-minute timeframe chart
👉General outlook
ETHUSD has been trading in a bullish trend for the last couple of hours.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1,810.50.
Set your stop loss at 1,836.50 above the previous high ($2.60 loss for 0.01 lot) and take profit at 1,784.50 ($2.60 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
👉General outlook
ETHUSD has been trading in a bullish trend for the last couple of hours.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1,810.50.
Set your stop loss at 1,836.50 above the previous high ($2.60 loss for 0.01 lot) and take profit at 1,784.50 ($2.60 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
GBPUSD, 15-minute timeframe chart
👉General outlook
GBPUSD 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 1.33930.
Set your stop loss at 1.34190 above the previous high ($2.60 loss for 0.01 lot) and take profit at 1.33670 ($2.60 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
👉General outlook
GBPUSD 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 1.33930.
Set your stop loss at 1.34190 above the previous high ($2.60 loss for 0.01 lot) and take profit at 1.33670 ($2.60 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
📊 EURUSD slightly declines due to U.S. dollar's increase
The euro (EUR) lost 0.28% against the U.S. dollar (USD) on Tuesday. With uncertainty about U.S. inflation, markets aren't getting clear signals about the U.S. and eurozone central banks' policy on interest rate cuts.
👉Possible effects for traders
'We expect the Federal Reserve (Fed) to delay its response to weaker economic activity, in order to avoid a further rise in inflation... only when weaker activity starts to feed through to the labour market, will the Fed begin to cut rates, but do so aggressively', said David Kohl, chief economist at Julius Baer. 'We now expect two rate cuts by 50 basis points at both the July and September Federal Open Market Committee meetings'.
To mitigate the economic impact of newly imposed auto tariffs, U.S. President Donald Trump signed executive orders introducing a package of credits and targeted relief from other material-related levies. The administration's trade team announced its first agreement with a foreign partner, signalling progress in trade negotiations. U.S. Treasury Secretary Scott Bessent added that deals with India and South Korea are in advanced stages. While it may offer temporary relief to markets, underlying fears persist that tariffs could dampen economic growth, increase inflation, and raise unemployment.
EURUSD fell slightly during the Asian and early European trading sessions. Today, traders should focus on the Gross Domestic Product (GDP) Growth Rate reports. German, eurozone, and U.S. data will come out at 8:00 a.m., 9:00 a.m., and 12:30 p.m. UTC, respectively. Lower-than-expected figures could push EURUSD below 1.13000. Conversely, higher-than-expected results may push EURUSD higher towards 1.14300.
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The euro (EUR) lost 0.28% against the U.S. dollar (USD) on Tuesday. With uncertainty about U.S. inflation, markets aren't getting clear signals about the U.S. and eurozone central banks' policy on interest rate cuts.
👉Possible effects for traders
'We expect the Federal Reserve (Fed) to delay its response to weaker economic activity, in order to avoid a further rise in inflation... only when weaker activity starts to feed through to the labour market, will the Fed begin to cut rates, but do so aggressively', said David Kohl, chief economist at Julius Baer. 'We now expect two rate cuts by 50 basis points at both the July and September Federal Open Market Committee meetings'.
To mitigate the economic impact of newly imposed auto tariffs, U.S. President Donald Trump signed executive orders introducing a package of credits and targeted relief from other material-related levies. The administration's trade team announced its first agreement with a foreign partner, signalling progress in trade negotiations. U.S. Treasury Secretary Scott Bessent added that deals with India and South Korea are in advanced stages. While it may offer temporary relief to markets, underlying fears persist that tariffs could dampen economic growth, increase inflation, and raise unemployment.
EURUSD fell slightly during the Asian and early European trading sessions. Today, traders should focus on the Gross Domestic Product (GDP) Growth Rate reports. German, eurozone, and U.S. data will come out at 8:00 a.m., 9:00 a.m., and 12:30 p.m. UTC, respectively. Lower-than-expected figures could push EURUSD below 1.13000. Conversely, higher-than-expected results may push EURUSD higher towards 1.14300.
📲 More trading opportunities in our app
If the link doesn’t work, try a special one for your country:
🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH
📊 Australian dollar edges higher on inflation data
The Australian dollar (AUD) lost 0.76% against the U.S. dollar (USD) on Tuesday.
👉Possible effects for traders
Today, AUDUSD rose slightly towards 0.64000, recovering some losses. The pair increased after the Australian inflation figures came out. Headline inflation in Australia rose by 2.4% year-over-year in Q1, maintaining the pace seen in the prior quarter and marginally surpassing consensus forecasts of 2.3%. However, the trimmed mean measure of core inflation eased towards 2.9% from 3.3%. This reinforced market expectations that the Reserve Bank of Australia (RBA) may implement a rate cut in the near term.
'The economy is facing a significant external demand shock from Q2 onwards', said Sean Langcake, head of macroeconomic forecasting for Oxford Economics Australia. 'With underlying inflation within the RBA's target range, the bank has greater scope to help support the economy through this coming shock', he added. 'We expect a 25 basis point cut in May, to be followed by two more cuts in the second half of the year'.
AUDUSD rose slightly during Asian and early European trading sessions. Today, several releases could trigger volatility in all USD pairs and affect AUDUSD in particular. Key events are the U.S. Personal Consumption Expenditures (PCE) Price Index and the Personal Income reports, both at 2:00 p.m. UTC. Stronger-than-expected figures may put downward pressure on the pair, while weaker reports might encourage AUDUSD bulls. Comments from Federal Reserve officials on monetary policy or the economic outlook can also add volatility to the market.
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The Australian dollar (AUD) lost 0.76% against the U.S. dollar (USD) on Tuesday.
👉Possible effects for traders
Today, AUDUSD rose slightly towards 0.64000, recovering some losses. The pair increased after the Australian inflation figures came out. Headline inflation in Australia rose by 2.4% year-over-year in Q1, maintaining the pace seen in the prior quarter and marginally surpassing consensus forecasts of 2.3%. However, the trimmed mean measure of core inflation eased towards 2.9% from 3.3%. This reinforced market expectations that the Reserve Bank of Australia (RBA) may implement a rate cut in the near term.
'The economy is facing a significant external demand shock from Q2 onwards', said Sean Langcake, head of macroeconomic forecasting for Oxford Economics Australia. 'With underlying inflation within the RBA's target range, the bank has greater scope to help support the economy through this coming shock', he added. 'We expect a 25 basis point cut in May, to be followed by two more cuts in the second half of the year'.
AUDUSD rose slightly during Asian and early European trading sessions. Today, several releases could trigger volatility in all USD pairs and affect AUDUSD in particular. Key events are the U.S. Personal Consumption Expenditures (PCE) Price Index and the Personal Income reports, both at 2:00 p.m. UTC. Stronger-than-expected figures may put downward pressure on the pair, while weaker reports might encourage AUDUSD bulls. Comments from Federal Reserve officials on monetary policy or the economic outlook can also add volatility 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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📊 Gold demand rises amid uncertainty
The gold (XAU) price fell by 0.79% on Tuesday as the U.S. dollar (USD) strengthened.
👉Possible effects for traders
U.S. consumer confidence in April plummeted to its lowest level since May 2020, with the Conference Board's index decreasing by 7.9 points towards 86. The decline reflects growing public concern over escalating trade tensions and inflationary pressures. Short-term expectations for the index fell sharply towards 54.4, well below the recession-warning threshold of 80. The drop indicates concerns about slowing hiring, rising prices, and volatile financial markets. Notably, inflation expectations have surged towards 7%, the highest level since 2022, underscoring fears that tariffs and supply chain disruptions could further erode purchasing.
Amid the economic uncertainty, demand for gold increased. 'Central banks may opt to ease their monetary policies further and also chart a course for potentially moving away from reliance on a dominant currency holding. Such a shift could create a more favourable environment for gold', said Chirag Mehta, chief investment officer at Quantum Mutual Fund.
XAUUSD fell during the Asian and early European trading sessions. Today, traders should focus on the U.S. and eurozone's Gross Domestic Product (GDP) Growth Rate reports. They may shed more light on the path of interest rates in the U.S. and the eurozone. Key levels to watch are support at $3,265 and resistance at $3,350.
📲 More trading opportunities in our app
If the link doesn’t work, try a special one for your country:
🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH
The gold (XAU) price fell by 0.79% on Tuesday as the U.S. dollar (USD) strengthened.
👉Possible effects for traders
U.S. consumer confidence in April plummeted to its lowest level since May 2020, with the Conference Board's index decreasing by 7.9 points towards 86. The decline reflects growing public concern over escalating trade tensions and inflationary pressures. Short-term expectations for the index fell sharply towards 54.4, well below the recession-warning threshold of 80. The drop indicates concerns about slowing hiring, rising prices, and volatile financial markets. Notably, inflation expectations have surged towards 7%, the highest level since 2022, underscoring fears that tariffs and supply chain disruptions could further erode purchasing.
Amid the economic uncertainty, demand for gold increased. 'Central banks may opt to ease their monetary policies further and also chart a course for potentially moving away from reliance on a dominant currency holding. Such a shift could create a more favourable environment for gold', said Chirag Mehta, chief investment officer at Quantum Mutual Fund.
XAUUSD fell during the Asian and early European trading sessions. Today, traders should focus on the U.S. and eurozone's Gross Domestic Product (GDP) Growth Rate reports. They may shed more light on the path of interest rates in the U.S. and the eurozone. Key levels to watch are support at $3,265 and resistance at $3,350.
📲 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
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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!
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 1 May.
🔥 Don't forget to get a 100% deposit bonus!
These events may affect the market on 1 May.
🔥 Don't forget to get a 100% deposit bonus!
XAUUSD, 15-minute timeframe chart
👉Level explanation
XAUUSD 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 3,235.00.
Set your stop loss at 3,266.00 above the previous high ($31.00 loss for 0.01 lot) and take profit at 3,204.00 ($31.00 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.
@octa_analytics
👉Level explanation
XAUUSD 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 3,235.00.
Set your stop loss at 3,266.00 above the previous high ($31.00 loss for 0.01 lot) and take profit at 3,204.00 ($31.00 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.
@octa_analytics
AUDUSD, 15-minute timeframe chart
👉General outlook
AUDUSD 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 Sell order at 0.63900.
Set your stop loss at 0.64180 above the previous high ($2.80 loss for 0.01 lot) and take profit at 0.63620 ($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.
@octa_analytics
👉General outlook
AUDUSD 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 Sell order at 0.63900.
Set your stop loss at 0.64180 above the previous high ($2.80 loss for 0.01 lot) and take profit at 0.63620 ($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.
@octa_analytics
EURUSD, 15-minute timeframe chart
👉General outlook
EURUSD has been under buying pressure within the last couple of hours.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1.13270.
Set your stop loss at 1.13630 above the previous high ($3.60 loss for 0.01 lot) and take profit at 1.12910 ($3.60 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
👉General outlook
EURUSD has been under buying pressure within the last couple of hours.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1.13270.
Set your stop loss at 1.13630 above the previous high ($3.60 loss for 0.01 lot) and take profit at 1.12910 ($3.60 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