📊 Euro hits new lows
The euro (EUR) lost 1.46% against the U.S. dollar (USD), closing at a five-week low on Monday after the U.S. and China reached a deal regarding trade tariffs.
👉Possible effects for traders
On Monday, Washington and Beijing announced a 90-day agreement to significantly reduce the hefty trade tariffs they had imposed on each other. The deal triggered a relief rally that lifted global stock markets and strengthened the U.S. dollar.
'It's way better than the market was expecting', said Rodrigo Catril, senior FX strategist at National Australia Bank. 'It's just an indication of, for one, the U.S. administration is quite sensitive to the impact (tariffs are) having on the economy, and some would say there's been a serious walk back in terms of what they've done'.
EURUSD fell during the Asian and early European trading sessions. Traders should stay alert for new developments in global trade tariffs and peace negotiations between Russia and Ukraine. In addition, the German ZEW Economic Sentiment report at 9:00 a.m. UTC today may add volatility to the market. Higher-than-expected figures could finally push EURUSD above the critical 1.11500 level. Conversely, lower-than-expected numbers may trigger a pullback towards 1.10500.
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The euro (EUR) lost 1.46% against the U.S. dollar (USD), closing at a five-week low on Monday after the U.S. and China reached a deal regarding trade tariffs.
👉Possible effects for traders
On Monday, Washington and Beijing announced a 90-day agreement to significantly reduce the hefty trade tariffs they had imposed on each other. The deal triggered a relief rally that lifted global stock markets and strengthened the U.S. dollar.
'It's way better than the market was expecting', said Rodrigo Catril, senior FX strategist at National Australia Bank. 'It's just an indication of, for one, the U.S. administration is quite sensitive to the impact (tariffs are) having on the economy, and some would say there's been a serious walk back in terms of what they've done'.
EURUSD fell during the Asian and early European trading sessions. Traders should stay alert for new developments in global trade tariffs and peace negotiations between Russia and Ukraine. In addition, the German ZEW Economic Sentiment report at 9:00 a.m. UTC today may add volatility to the market. Higher-than-expected figures could finally push EURUSD above the critical 1.11500 level. Conversely, lower-than-expected numbers may trigger a pullback towards 1.10500.
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📊 Gold collapses amid trade tariff easing
Gold (XAU) declined by over 2.69% on Monday. 'Gold, conversely, faced significant headwinds, retreating from earlier highs above $3,400 down to nearly $3,200 as easing geopolitical fears and stronger economic optimism diminished safe-haven appeal', Saxo Bank analysts wrote.
👉Possible effects for traders
The decline was driven by improved risk sentiment and reduced demand for safe-haven assets after a breakthrough in U.S.–China trade negotiations. The countries agreed to lower tariffs: U.S. rates on Chinese imports dropped from 145% towards 30%, and China's levies on U.S. goods fell from 125% towards 10% for the next 90 days.
'The progress made in trade talks between the U.S. and China over the weekend significantly dials back trade tensions, stoking risk appetite, and sapping gold's haven bid', Peter Grant, vice president and senior metals strategist at Zaner Metals, told MarketWatch.
XAUUSD rose slightly during the Asian and early European trading sessions. Today, traders should focus on the U.S. Inflation Rate report at 12:30 p.m. UTC. The data may affect interest rate expectations and investor sentiment, increasing volatility in the Forex market, including XAUUSD. Key levels to watch are support at $3,195 and resistance at $3,265.
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Gold (XAU) declined by over 2.69% on Monday. 'Gold, conversely, faced significant headwinds, retreating from earlier highs above $3,400 down to nearly $3,200 as easing geopolitical fears and stronger economic optimism diminished safe-haven appeal', Saxo Bank analysts wrote.
👉Possible effects for traders
The decline was driven by improved risk sentiment and reduced demand for safe-haven assets after a breakthrough in U.S.–China trade negotiations. The countries agreed to lower tariffs: U.S. rates on Chinese imports dropped from 145% towards 30%, and China's levies on U.S. goods fell from 125% towards 10% for the next 90 days.
'The progress made in trade talks between the U.S. and China over the weekend significantly dials back trade tensions, stoking risk appetite, and sapping gold's haven bid', Peter Grant, vice president and senior metals strategist at Zaner Metals, told MarketWatch.
XAUUSD rose slightly during the Asian and early European trading sessions. Today, traders should focus on the U.S. Inflation Rate report at 12:30 p.m. UTC. The data may affect interest rate expectations and investor sentiment, increasing volatility in the Forex market, including XAUUSD. Key levels to watch are support at $3,195 and resistance at $3,265.
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EURUSD, 15-minute timeframe chart
👉General outlook
EURUSD has been trading in a sideways market within the last day.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1.11087.
Set your stop loss at 1.11527 above the previous high ($4.40 loss for 0.01 lot) and take profit at 1.11087 ($4.40 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 trading in a sideways market within the last day.
👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1.11087.
Set your stop loss at 1.11527 above the previous high ($4.40 loss for 0.01 lot) and take profit at 1.11087 ($4.40 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
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These events will affect the market on 14 May.
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📊The Japanese yen weakens
The Japanese yen (JPY) lost 0.66% against the U.S. dollar (USD) on Tuesday.
👉Possible effects for traders
Fundamentally, Japan's wholesale inflation remained elevated at 4% year-on-year in April, slightly easing from 4.3% in March. The decline signalled ongoing cost pressures from labour and raw materials. Persistent inflation keeps the Bank of Japan (BoJ) under pressure to tighten monetary policy further, which could support the yen. At the same time, the JPY's appreciation has contributed to a 7.2% decline in the import price index, helping to alleviate some upward pressure on overall costs.
Analysts anticipate that the BoJ could implement another rate hike in September or October, building on its January move towards 0.5%, gradually shifting away from its ultra-loose stance. In the near term, the direction of the JPY will likely hinge on incoming economic data and the central bank's assessment of inflation dynamics and global risks.
USDJPY fell during the Asian and early European trading sessions. Macroeconomic data showed that Japan's Producer Price Inflation (PPI) slowed towards 0.2% month-on-month in April from 0.4% in March. Data showed that Japan's producer prices rose by 4% year-on-year in April, down from 4.2% in March, marking the slowest pace since December. USDJPY traders should watch the critically important 148.640 level, as a break above it might trigger a major buyout. The support level for today is 147.000
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The Japanese yen (JPY) lost 0.66% against the U.S. dollar (USD) on Tuesday.
👉Possible effects for traders
Fundamentally, Japan's wholesale inflation remained elevated at 4% year-on-year in April, slightly easing from 4.3% in March. The decline signalled ongoing cost pressures from labour and raw materials. Persistent inflation keeps the Bank of Japan (BoJ) under pressure to tighten monetary policy further, which could support the yen. At the same time, the JPY's appreciation has contributed to a 7.2% decline in the import price index, helping to alleviate some upward pressure on overall costs.
Analysts anticipate that the BoJ could implement another rate hike in September or October, building on its January move towards 0.5%, gradually shifting away from its ultra-loose stance. In the near term, the direction of the JPY will likely hinge on incoming economic data and the central bank's assessment of inflation dynamics and global risks.
USDJPY fell during the Asian and early European trading sessions. Macroeconomic data showed that Japan's Producer Price Inflation (PPI) slowed towards 0.2% month-on-month in April from 0.4% in March. Data showed that Japan's producer prices rose by 4% year-on-year in April, down from 4.2% in March, marking the slowest pace since December. USDJPY traders should watch the critically important 148.640 level, as a break above it might trigger a major buyout. The support level for today is 147.000
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📊Euro rebounds from 1.11000
The euro (EUR) rose by 0.96% towards 1.11853 against the U.S. dollar (USD) on Tuesday after the U.S. dollar posted its strongest drop in three weeks. Weaker-than-expected U.S. consumer inflation data reinforced the case for a move dovish Federal Reserve (Fed) policy amid easing global trade tensions.
👉Possible effects for traders
'Despite the easing of the USD overnight, we consider there is more upside to the USD in the near term as market participants reassess the outlook for the U.S. and global economies following the temporary U.S.–China trade deal', Commonwealth Bank of Australia analysts wrote in a client note. They predicted a 2–3% rise in the U.S. Dollar Index over the next few weeks. However, the analysts added that 'we do not expect a full recovery in the USD back to levels traded at the start of the year'. 'Erratic policymaking in the U.S. has probably caused some permanent damage to the USD's status as a safe-haven currency'.
EURUSD rose slightly during the Asian and early European trading sessions. Today's macroeconomic calendar is relatively uneventful, so the pair is unlikely to break its current trend. Key levels to watch today are support at 1.11000 and resistance at 1.12000.
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The euro (EUR) rose by 0.96% towards 1.11853 against the U.S. dollar (USD) on Tuesday after the U.S. dollar posted its strongest drop in three weeks. Weaker-than-expected U.S. consumer inflation data reinforced the case for a move dovish Federal Reserve (Fed) policy amid easing global trade tensions.
👉Possible effects for traders
'Despite the easing of the USD overnight, we consider there is more upside to the USD in the near term as market participants reassess the outlook for the U.S. and global economies following the temporary U.S.–China trade deal', Commonwealth Bank of Australia analysts wrote in a client note. They predicted a 2–3% rise in the U.S. Dollar Index over the next few weeks. However, the analysts added that 'we do not expect a full recovery in the USD back to levels traded at the start of the year'. 'Erratic policymaking in the U.S. has probably caused some permanent damage to the USD's status as a safe-haven currency'.
EURUSD rose slightly during the Asian and early European trading sessions. Today's macroeconomic calendar is relatively uneventful, so the pair is unlikely to break its current trend. Key levels to watch today are support at 1.11000 and resistance at 1.12000.
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📊Gold gains on U.S. inflation data
Gold (XAU) rose by over 0.45% on Tuesday, after data showed U.S. consumer inflation picked up less than expected in April
👉Possible effects for traders
Easing trade tensions between the U.S. and China have reduced demand for safe-haven assets, resulting in a 0.4% decline in gold towards $3,234. However, ongoing concerns about global economic instability, currency devaluation, and geopolitical risks continue to support gold's role as a protective asset. Central banks—especially those in emerging markets—have increased gold purchases to diversify their reserves and safeguard against potential sanctions, further strengthening underlying demand.
'The numbers were a little higher than I was looking for, but... year-to-year, 2.3%, that's not bad', Peter Cardillo, chief market economist at Spartan Capital in New York, said about the U.S. inflation data. 'The report basically indicates that the Federal Reserve (Fed) needs to be very cautious and that the stand that they have taken is probably the right course, for now'.
XAUUSD fell slightly during the Asian and early European trading sessions. Today, the calendar is relatively uneventful, but traders should continue to monitor developments around global trade tariffs. If the rhetoric continues to ease, XAUUSD will likely experience a sharp downward correction. Additionally, three Fed policymakers will give speeches later today, and their comments may spur volatility in XAUUSD. Key levels to watch are resistance at $3,262 and support at $3,192.
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Gold (XAU) rose by over 0.45% on Tuesday, after data showed U.S. consumer inflation picked up less than expected in April
👉Possible effects for traders
Easing trade tensions between the U.S. and China have reduced demand for safe-haven assets, resulting in a 0.4% decline in gold towards $3,234. However, ongoing concerns about global economic instability, currency devaluation, and geopolitical risks continue to support gold's role as a protective asset. Central banks—especially those in emerging markets—have increased gold purchases to diversify their reserves and safeguard against potential sanctions, further strengthening underlying demand.
'The numbers were a little higher than I was looking for, but... year-to-year, 2.3%, that's not bad', Peter Cardillo, chief market economist at Spartan Capital in New York, said about the U.S. inflation data. 'The report basically indicates that the Federal Reserve (Fed) needs to be very cautious and that the stand that they have taken is probably the right course, for now'.
XAUUSD fell slightly during the Asian and early European trading sessions. Today, the calendar is relatively uneventful, but traders should continue to monitor developments around global trade tariffs. If the rhetoric continues to ease, XAUUSD will likely experience a sharp downward correction. Additionally, three Fed policymakers will give speeches later today, and their comments may spur volatility in XAUUSD. Key levels to watch are resistance at $3,262 and support at $3,192.
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GBPJPY, 15-minute timeframe chart
👉General outlook
GBPJPY 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 195.700.
Set your stop loss at 196.110 above the previous high ($2.79 loss for 0.01 lot) and take profit at 195.290 ($2.79 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
GBPJPY 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 195.700.
Set your stop loss at 196.110 above the previous high ($2.79 loss for 0.01 lot) and take profit at 195.290 ($2.79 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 Buy order at 1.33250.
Set your stop loss at 1.32888 below the previous low ($3.62 loss for 0.01 lot) and take profit at 1.33612 ($3.62 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 Buy order at 1.33250.
Set your stop loss at 1.32888 below the previous low ($3.62 loss for 0.01 lot) and take profit at 1.33612 ($3.62 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
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✅No hidden fees
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Begin your trading journey with Octa today through the link
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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.
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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 will affect the market on 15 May.
🔥 Don't forget to get a 100% deposit bonus!
These events will affect the market on 15 May.
🔥 Don't forget to get a 100% deposit bonus!
📊 AUD rebounds after strong jobs report
During Wednesday's volatile trading session, the Australian dollar (AUD) lost 0.66% against the U.S. dollar (USD).
👉 Possible effects for traders
'After the optimism of the past couple of days, the market is back to being very sceptical and fearful, perhaps of the uncertainties that are ahead', said Rabobank's Head of FX Strategy Jane Foley. 'We have certainly seen the U.S. dollar behaving as a risky currency' since the tariff announcement on 2 April, she said.
The Australian unemployment rate remains steady at 4.1%, aligning with expectations. The robust employment figures have prompted markets to reassess the likelihood of aggressive monetary easing. The Reserve Bank of Australia (RBA) is anticipated to deliver a 25-basis-point rate cut at its upcoming meeting. Still, traders have moderated expectations for further rate reductions, reflecting confidence in the labour market's resilience and the potential for inflationary pressures to persist.
The Australian dollar rebounded towards 0.64400 during Asian and early European trading hours, recovering some of the losses from the previous session. The uptick followed the release of stronger-than-expected labour market data, which reinforced a more hawkish sentiment around the RBA policy outlook. The data showed the economy added 89,000 net new jobs in April—significantly surpassing the consensus forecast of 20,000—and pushing total employment to a record high of 14.64 million. Today, traders should watch for the U.S. macroeconomic data: the U.S. Retail Sales report will come out at 1:30 p.m. UTC and may affect AUDUSD. Higher-than-expected data may push the pair downward towards 0.63500, while softer data may support AUDUSD.
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During Wednesday's volatile trading session, the Australian dollar (AUD) lost 0.66% against the U.S. dollar (USD).
👉 Possible effects for traders
'After the optimism of the past couple of days, the market is back to being very sceptical and fearful, perhaps of the uncertainties that are ahead', said Rabobank's Head of FX Strategy Jane Foley. 'We have certainly seen the U.S. dollar behaving as a risky currency' since the tariff announcement on 2 April, she said.
The Australian unemployment rate remains steady at 4.1%, aligning with expectations. The robust employment figures have prompted markets to reassess the likelihood of aggressive monetary easing. The Reserve Bank of Australia (RBA) is anticipated to deliver a 25-basis-point rate cut at its upcoming meeting. Still, traders have moderated expectations for further rate reductions, reflecting confidence in the labour market's resilience and the potential for inflationary pressures to persist.
The Australian dollar rebounded towards 0.64400 during Asian and early European trading hours, recovering some of the losses from the previous session. The uptick followed the release of stronger-than-expected labour market data, which reinforced a more hawkish sentiment around the RBA policy outlook. The data showed the economy added 89,000 net new jobs in April—significantly surpassing the consensus forecast of 20,000—and pushing total employment to a record high of 14.64 million. Today, traders should watch for the U.S. macroeconomic data: the U.S. Retail Sales report will come out at 1:30 p.m. UTC and may affect AUDUSD. Higher-than-expected data may push the pair downward towards 0.63500, while softer data may support AUDUSD.
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📊 Euro rises amid trade policy uncertainty
On Wednesday, the euro (EUR) briefly touched an intraday high of 1.12661 but later retreated and closed 0.11% lower. The decline was due to investors looking for new indications that global trade tensions would continue to subside.
👉 Possible effects for traders
The U.S. dollar index surged over 1% on Monday, reaching a one-month high, after the United States and China agreed to temporarily lower mutual tariffs — easing concerns that a prolonged trade war between the world’s two largest economies could trigger a global recession.
The U.S. Dollar Index (DXY) surged by over 1% on Monday and reached a one-month high. The index strengthened after the U.S. and China agreed to temporarily lower mutual tariffs, easing concerns that a trade war between the world's two largest economies could trigger a global recession.
'Obviously, everything's still pretty focused on trade these days, that's still kind of a big catalyst moving things around', said Brad Bechtel, global head of FX at Jefferies in Global Head of FX at Jefferies in New York. 'There's a lot of volatility in the Asian currency space still, but the dollar should still be in a counter-trend bounce and then will ultimately start to turn lower again, potentially on some sort of backdoor or behind-closed-doors arrangement'.
EURUSD rose slightly during the Asian and early European trading sessions. Today, euro traders should focus on news about global trade tariffs and the peace talks between Russia and Ukraine. Additionally, the U.S. Retail Sales report, due at 12:30 p.m. UTC, may add volatility to all USD pairs. Higher-than-expected figures may push EURUSD down towards 1.11660. Conversely, lower-than-expected results could lift the pair back towards 1.12680.
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On Wednesday, the euro (EUR) briefly touched an intraday high of 1.12661 but later retreated and closed 0.11% lower. The decline was due to investors looking for new indications that global trade tensions would continue to subside.
👉 Possible effects for traders
The U.S. dollar index surged over 1% on Monday, reaching a one-month high, after the United States and China agreed to temporarily lower mutual tariffs — easing concerns that a prolonged trade war between the world’s two largest economies could trigger a global recession.
The U.S. Dollar Index (DXY) surged by over 1% on Monday and reached a one-month high. The index strengthened after the U.S. and China agreed to temporarily lower mutual tariffs, easing concerns that a trade war between the world's two largest economies could trigger a global recession.
'Obviously, everything's still pretty focused on trade these days, that's still kind of a big catalyst moving things around', said Brad Bechtel, global head of FX at Jefferies in Global Head of FX at Jefferies in New York. 'There's a lot of volatility in the Asian currency space still, but the dollar should still be in a counter-trend bounce and then will ultimately start to turn lower again, potentially on some sort of backdoor or behind-closed-doors arrangement'.
EURUSD rose slightly during the Asian and early European trading sessions. Today, euro traders should focus on news about global trade tariffs and the peace talks between Russia and Ukraine. Additionally, the U.S. Retail Sales report, due at 12:30 p.m. UTC, may add volatility to all USD pairs. Higher-than-expected figures may push EURUSD down towards 1.11660. Conversely, lower-than-expected results could lift the pair back towards 1.12680.
📲 More trading opportunities in our app
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🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH
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