USDJPY, 15-minute timeframe chart
👉Level explanation
USDJPY 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 143.330.
Set your stop loss at 143.760 above the previous high ($3.00 loss for 0.01 lot) and take profit at 142.900 ($3.00 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
USDJPY 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 143.330.
Set your stop loss at 143.760 above the previous high ($3.00 loss for 0.01 lot) and take profit at 142.900 ($3.00 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 hits five-month high
On Monday, the Australian dollar (AUD) gained 0.44% against the U.S. dollar (USD) but failed to hold above the critically important 0.65000 level.
👉 Possible effects for traders
AUD remained under pressure as fresh economic data pointed to softening domestic and external conditions. A sharper-than-expected decline in building permits signalled weakness in Australia's housing and construction sector—traditionally a key driver of economic activity. Adding to the headwinds, growth in the services sector of China, the main destination for Australian commodity exports, showed further signs of cooling. These developments raise concerns about Australia's near-term trade outlook and contribute to a more cautious sentiment among investors toward the Aussie.
Political stability following Australian Prime Minister Anthony Albanese's re-election provided a degree of reassurance on the domestic front. Markets welcomed the prime minister's renewed mandate and pledge to lead a 'disciplined, orderly' government focused on addressing cost-of-living pressures and navigating global trade volatility. Nevertheless, market participants will focus on the upcoming Reserve Bank of Australia (RBA) May monetary policy meeting. The central bank is expected to cut the cash rate by 25 basis points towards 3.85%. With inflation showing signs of moderating and economic momentum faltering, policymakers will likely shift towards a more accommodative stance. This stance will be supportive in the medium term but potentially bearish for the Australian dollar in the near term.
AUDUSD fell during the Asian and early European trading sessions. AUDUSD eased by 0.3% towards 0.64480, after reaching a five-month peak of 0.64940 overnight. The Australian currency slipped from its recent highs as a relentless rise in the Taiwanese dollar took a breather, with traders shifting their focus to the U.S. monetary policy meeting on Wednesday.
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On Monday, the Australian dollar (AUD) gained 0.44% against the U.S. dollar (USD) but failed to hold above the critically important 0.65000 level.
👉 Possible effects for traders
AUD remained under pressure as fresh economic data pointed to softening domestic and external conditions. A sharper-than-expected decline in building permits signalled weakness in Australia's housing and construction sector—traditionally a key driver of economic activity. Adding to the headwinds, growth in the services sector of China, the main destination for Australian commodity exports, showed further signs of cooling. These developments raise concerns about Australia's near-term trade outlook and contribute to a more cautious sentiment among investors toward the Aussie.
Political stability following Australian Prime Minister Anthony Albanese's re-election provided a degree of reassurance on the domestic front. Markets welcomed the prime minister's renewed mandate and pledge to lead a 'disciplined, orderly' government focused on addressing cost-of-living pressures and navigating global trade volatility. Nevertheless, market participants will focus on the upcoming Reserve Bank of Australia (RBA) May monetary policy meeting. The central bank is expected to cut the cash rate by 25 basis points towards 3.85%. With inflation showing signs of moderating and economic momentum faltering, policymakers will likely shift towards a more accommodative stance. This stance will be supportive in the medium term but potentially bearish for the Australian dollar in the near term.
AUDUSD fell during the Asian and early European trading sessions. AUDUSD eased by 0.3% towards 0.64480, after reaching a five-month peak of 0.64940 overnight. The Australian currency slipped from its recent highs as a relentless rise in the Taiwanese dollar took a breather, with traders shifting their focus to the U.S. monetary policy meeting on Wednesday.
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📊 EURUSD consolidates
On Monday, the euro (EUR) closed above 1.13000.
👉 Possible effects for traders
Analysts believe U.S. President Donald Trump's unstable policies offer a unique opportunity for the euro to become a competing global currency. If Trump continues to impose protectionist policies, the global trade war will continue, and confidence in the U.S. dollar (USD) will decline. The weakening demand for USD could be a chance for the euro to strengthen its position as a global currency. Pressure on the U.S. dollar will likely remain in the short term, including across Asian currency markets.
The U.S. dollar’s sell-off against Asian currencies is partly driven by the unwinding of large unhedged positions taken by some investors—such as Taiwanese life insurers—amid talk of additional U.S. tariffs, according to Marc Chandler, chief market strategist at Bannockburn Global Forex. 'The dollar sold off in Asia partly because some people are worried there'd be semiconductor tariffs by the U.S. to be announced as early as Wednesday and talk that in these bilateral trade talks, the U.S. could transfer currency appreciation in East Asia', Chandler said.
EURUSD remained unchanged during the Asian and early European trading sessions. Although today's official macroeconomic calendar is uneventful, traders should watch any news regarding global trade tariffs. Key levels for EURUSD to watch are resistance at 1.12650 and support at 1.14250.
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On Monday, the euro (EUR) closed above 1.13000.
👉 Possible effects for traders
Analysts believe U.S. President Donald Trump's unstable policies offer a unique opportunity for the euro to become a competing global currency. If Trump continues to impose protectionist policies, the global trade war will continue, and confidence in the U.S. dollar (USD) will decline. The weakening demand for USD could be a chance for the euro to strengthen its position as a global currency. Pressure on the U.S. dollar will likely remain in the short term, including across Asian currency markets.
The U.S. dollar’s sell-off against Asian currencies is partly driven by the unwinding of large unhedged positions taken by some investors—such as Taiwanese life insurers—amid talk of additional U.S. tariffs, according to Marc Chandler, chief market strategist at Bannockburn Global Forex. 'The dollar sold off in Asia partly because some people are worried there'd be semiconductor tariffs by the U.S. to be announced as early as Wednesday and talk that in these bilateral trade talks, the U.S. could transfer currency appreciation in East Asia', Chandler said.
EURUSD remained unchanged during the Asian and early European trading sessions. Although today's official macroeconomic calendar is uneventful, traders should watch any news regarding global trade tariffs. Key levels for EURUSD to watch are resistance at 1.12650 and support at 1.14250.
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📊 Gold rockets as Trump threatens new tariffs
Gold (XAU) rose by 2.89% on Monday as the U.S. dollar (USD) continued to decline.
👉 Possible effects for traders
U.S. President Donald Trump's new tariffs threat increased demand for the safe-haven asset. On Monday, Trump said he plans to impose duties on pharmaceutical products within the next two weeks. In addition, this week traders expect signals from Federal Reserve (Fed) Chairman Jerome Powell regarding interest rates. Since December, the Fed has kept interest rates in a range of 4.25–4.5%. The market believes the meeting on Wednesday may be the last time the Fed will leave rates unchanged.
'We are seeing a continued flow of safe-haven demand, keeping gold prices elevated... prices are going to trade above the $3,000 level at least in the near-term', said Jim Wyckoff, senior analyst at Kitco Metals. 'I don't think any change in interest rates is expected at this meeting, but we'll be watching it to see if the Fed is leaning any particular way'.
XAUUSD rose by 0.8% during the Asian and early European trading sessions. Today, the calendar is relatively uneventful. Still, traders should continue monitoring developments around global trade tariffs. If the Trump administration's rhetoric continues to threaten China, XAUUSD will continue climbing towards new highs. Key levels to watch are resistance at $3,400 and support at $3,300.
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Gold (XAU) rose by 2.89% on Monday as the U.S. dollar (USD) continued to decline.
👉 Possible effects for traders
U.S. President Donald Trump's new tariffs threat increased demand for the safe-haven asset. On Monday, Trump said he plans to impose duties on pharmaceutical products within the next two weeks. In addition, this week traders expect signals from Federal Reserve (Fed) Chairman Jerome Powell regarding interest rates. Since December, the Fed has kept interest rates in a range of 4.25–4.5%. The market believes the meeting on Wednesday may be the last time the Fed will leave rates unchanged.
'We are seeing a continued flow of safe-haven demand, keeping gold prices elevated... prices are going to trade above the $3,000 level at least in the near-term', said Jim Wyckoff, senior analyst at Kitco Metals. 'I don't think any change in interest rates is expected at this meeting, but we'll be watching it to see if the Fed is leaning any particular way'.
XAUUSD rose by 0.8% during the Asian and early European trading sessions. Today, the calendar is relatively uneventful. Still, traders should continue monitoring developments around global trade tariffs. If the Trump administration's rhetoric continues to threaten China, XAUUSD will continue climbing towards new highs. Key levels to watch are resistance at $3,400 and support at $3,300.
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AUDUSD, 30-minute timeframe chart
👉Level explanation
AUDUSD 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 Buy order at 0.64648.
Set your stop loss at 0.64324 below the previous low ($3.24 loss for 0.01 lot) and take profit at 0.64971 ($3.24 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
AUDUSD 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 Buy order at 0.64648.
Set your stop loss at 0.64324 below the previous low ($3.24 loss for 0.01 lot) and take profit at 0.64971 ($3.24 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
ETHUSD, 15-minute timeframe chart
👉Level explanation
ETHUSD 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 1,764.96.
Set your stop loss at 1,837.32 above the previous high ($7.24 loss for 0.01 lot) and take profit at 1,692.59 ($7.24 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
ETHUSD 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 1,764.96.
Set your stop loss at 1,837.32 above the previous high ($7.24 loss for 0.01 lot) and take profit at 1,692.59 ($7.24 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
📅 May Forex calendar—stay ahead of the curve
New month, new momentum. May brings crucial central bank decisions, inflation data, and key GDP figures—all ready to shift market sentiment.
If you're a trader who values preparation, now's the time to mark your calendar and refine your strategies.
📌 Know the dates
📌 Watch the markets
📌 Trade with confidence
🔁 Save this post, share with fellow traders & follow @octa_analytics for more expert information!
New month, new momentum. May brings crucial central bank decisions, inflation data, and key GDP figures—all ready to shift market sentiment.
If you're a trader who values preparation, now's the time to mark your calendar and refine your strategies.
📌 Know the dates
📌 Watch the markets
📌 Trade with confidence
🔁 Save this post, share with fellow traders & follow @octa_analytics for more expert information!
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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.
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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.
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#economic_calendar
These events will affect the market on 7 May.
🔥 Don't forget to get a 100% deposit bonus!
These events will affect the market on 7 May.
🔥 Don't forget to get a 100% deposit bonus!
BTCUSD, 30-minute timeframe chart
👉General outlook
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 96,500.00.
Set your stop loss at 97,750.00 above the previous high ($12.50 loss for 0.01 lot) and take profit at 95,250.00 ($12.50 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.
@octa_analytics
👉General outlook
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 96,500.00.
Set your stop loss at 97,750.00 above the previous high ($12.50 loss for 0.01 lot) and take profit at 95,250.00 ($12.50 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.
@octa_analytics
XAUUSD, 15-minute timeframe chart
👉General outlook
XAUUSD 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 3,393.00.
Set your stop loss at 3,414.00 above the previous high ($21.00 loss for 0.01 lot) and take profit at 3,372.00 ($21.00 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
👉General outlook
XAUUSD 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 3,393.00.
Set your stop loss at 3,414.00 above the previous high ($21.00 loss for 0.01 lot) and take profit at 3,372.00 ($21.00 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
📊USDJPY declines for the third consecutive session
On Monday, the Australian dollar (AUD) gained 0.44% against the U.S. dollar (USD) but failed to hold above the critically important 0.65000 level.
👉 Possible effects for traders
Traders closely monitored developments in U.S.-Japan trade talks as Tokyo aimed to finalise a bilateral agreement by June. On the economic side, Japan's Services Purchasing Managers' Index (PMI) data for April was revised upward, showing the strongest rise in new orders in nearly a year.
Also, the Bank of Japan (BoJ) held its benchmark interest rate at 0.5% last week and revised its growth and inflation forecasts downwards. This signalled a dovish regulator's stance and suggested that additional rate hikes are unlikely in the near future. Despite this, markets continue to expect potential tightening later this year if economic data remains strong. Meanwhile, ongoing uncertainty around the Federal Reserve's next steps continues to support the case for the Japanese yen (JPY) strengthing in the broader macro environment.
USDJPY rose by 0.44% during the Asian and early European trading sessions. Today, the Federal Reserve Interest Rate Decision will be released at 6:00 p.m. UTC, potentially triggering volatility in the market. Key levels to watch are resistance at 144.000 and support at 142.350.
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On Monday, the Australian dollar (AUD) gained 0.44% against the U.S. dollar (USD) but failed to hold above the critically important 0.65000 level.
👉 Possible effects for traders
Traders closely monitored developments in U.S.-Japan trade talks as Tokyo aimed to finalise a bilateral agreement by June. On the economic side, Japan's Services Purchasing Managers' Index (PMI) data for April was revised upward, showing the strongest rise in new orders in nearly a year.
Also, the Bank of Japan (BoJ) held its benchmark interest rate at 0.5% last week and revised its growth and inflation forecasts downwards. This signalled a dovish regulator's stance and suggested that additional rate hikes are unlikely in the near future. Despite this, markets continue to expect potential tightening later this year if economic data remains strong. Meanwhile, ongoing uncertainty around the Federal Reserve's next steps continues to support the case for the Japanese yen (JPY) strengthing in the broader macro environment.
USDJPY rose by 0.44% during the Asian and early European trading sessions. Today, the Federal Reserve Interest Rate Decision will be released at 6:00 p.m. UTC, potentially triggering volatility in the market. Key levels to watch are resistance at 144.000 and support at 142.350.
📲 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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📊 Mertz's election at the second attempt supported the euro
On Tuesday, the euro (EUR) rose broadly by 0.47% after Germany's parliament elected conservative leader Friedrich Merz a Chancellor. In turn, the U.S. dollar was pressured by fears that the trade deals with the U.S. wouldn't be realised.
👉 Possible effects for traders
'The market is getting nervous that we're starting to eat away at the schedule since the 90-day tariff reprieve without anything meaningful being announced', said Eugene Epstein, head of structuring for North America at Moneycorp. 'There's a lot of good sentiment, but because of a distinct lack of formal substance that I've seen, I think the market is starting to get uneasy again'.
Today's key event is the Federal Reserve's (Fed) Interest Rate Decision at 6:00 p.m. UTC. Together with the decision will come out the so-called 'dot plot'—an interest rate forecast by FOMC members published four times a year. The market will likely consider a 25-basis-point (bps) rate cut bearish for EURUSD, but this reduction has been priced in well in advance. If the Fed delivers a hawkish 50-bps rate cut while downplaying the likelihood of future reductions, EURUSD may move sideways. A large 50-bps cut and dovish FOMC projections will almost certainly pull EURUSD above the 1.16000 level.
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On Tuesday, the euro (EUR) rose broadly by 0.47% after Germany's parliament elected conservative leader Friedrich Merz a Chancellor. In turn, the U.S. dollar was pressured by fears that the trade deals with the U.S. wouldn't be realised.
👉 Possible effects for traders
'The market is getting nervous that we're starting to eat away at the schedule since the 90-day tariff reprieve without anything meaningful being announced', said Eugene Epstein, head of structuring for North America at Moneycorp. 'There's a lot of good sentiment, but because of a distinct lack of formal substance that I've seen, I think the market is starting to get uneasy again'.
Today's key event is the Federal Reserve's (Fed) Interest Rate Decision at 6:00 p.m. UTC. Together with the decision will come out the so-called 'dot plot'—an interest rate forecast by FOMC members published four times a year. The market will likely consider a 25-basis-point (bps) rate cut bearish for EURUSD, but this reduction has been priced in well in advance. If the Fed delivers a hawkish 50-bps rate cut while downplaying the likelihood of future reductions, EURUSD may move sideways. A large 50-bps cut and dovish FOMC projections will almost certainly pull EURUSD above the 1.16000 level.
📲 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 declines after India strikes Pakistan
Gold (XAU) rose by 2.92% on Tuesday, continuing Monday's rise.
👉 Possible effects for traders
The rise comes 'on demand from China, the world's biggest bullion buyer. While the U.S. dollar (USD) trades softer to support. Monday's near 3% surge continues to underpin gold's status as a safe haven', Saxo Bank analysts noted. However, after India's attack on Pakistan, the rise changed with a decline overnight.
'Historically, during 1965, 1971, and the Kargil War, we saw that gold prices didn't move much. Gold is more driven by developments in the Middle East and U.S. and China-related activities. This event (Operation Sindoor) is largely neutral for gold', said Tarun Satsangi, Associate Director-Research at Univest. The global factors will continue to have a higher impact on gold prices. 'Slowing world economy and trade war between China and the U.S. are driving the gold prices globally', he added.
XAUUSD fell by 1.38% during the Asian and early European trading sessions. Today, traders should expect heightened volatility due to the Federal Reserve (Fed) Interest Rate Decision at 6:00 p.m. UTC and the following press conference at 6:30 p.m. UTC. These events could spark additional movement in XAUUSD, especially if there are hints of further monetary easing. Key levels to watch are resistance at $3,450 and support at $3,200.
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Gold (XAU) rose by 2.92% on Tuesday, continuing Monday's rise.
👉 Possible effects for traders
The rise comes 'on demand from China, the world's biggest bullion buyer. While the U.S. dollar (USD) trades softer to support. Monday's near 3% surge continues to underpin gold's status as a safe haven', Saxo Bank analysts noted. However, after India's attack on Pakistan, the rise changed with a decline overnight.
'Historically, during 1965, 1971, and the Kargil War, we saw that gold prices didn't move much. Gold is more driven by developments in the Middle East and U.S. and China-related activities. This event (Operation Sindoor) is largely neutral for gold', said Tarun Satsangi, Associate Director-Research at Univest. The global factors will continue to have a higher impact on gold prices. 'Slowing world economy and trade war between China and the U.S. are driving the gold prices globally', he added.
XAUUSD fell by 1.38% during the Asian and early European trading sessions. Today, traders should expect heightened volatility due to the Federal Reserve (Fed) Interest Rate Decision at 6:00 p.m. UTC and the following press conference at 6:30 p.m. UTC. These events could spark additional movement in XAUUSD, especially if there are hints of further monetary easing. Key levels to watch are resistance at $3,450 and support at $3,200.
📲 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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‼️ 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!
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 will affect the market on 8 May.
🔥 Don't forget to get a 100% deposit bonus!
These events will affect the market on 8 May.
🔥 Don't forget to get a 100% deposit bonus!
USDCAD, 30-minute timeframe chart
👉General outlook
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 1.38470.
Set your stop loss at 1.38250 below the previous low ($1.59 loss for 0.01 lot) and take profit at 1.38690 ($1.59 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 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 1.38470.
Set your stop loss at 1.38250 below the previous low ($1.59 loss for 0.01 lot) and take profit at 1.38690 ($1.59 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
ETHUSD, 15-minute timeframe chart
👉General outlook
ETHUSD 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 1,932.50.
Set your stop loss at 1,968.50 above the previous high ($3.60 loss for 0.01 lot) and take profit at 1,896.50 ($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
ETHUSD 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 1,932.50.
Set your stop loss at 1,968.50 above the previous high ($3.60 loss for 0.01 lot) and take profit at 1,896.50 ($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