OctaFX Analytics

2021-07-13 10:48:16 TRADING IDEA
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Trading system - AUTOCHARTIST

#AUDUSD

Target Level: 0.7504
Target Period: 2 days
Interval: 1 hour
Pattern: Resistance

Approaching Resistance level of 0.7504 identified at 13-Jul-05:00
Supported by Upward sloping Moving Average Open / Comment

2021-07-13 10:40:59 #market_pulse

Attention!

The Consumer Price Index, USA, will be released today.

The market will face increased volatility. Use trading ideas and signals with caution.

Don’t forget to set Stop Loss and Take Profit according to your trading system.

What is Stop Loss and Take Profit Open / Comment

2021-07-13 09:47:03 #intraday_trading

Check out our intraday trading idea

XAUUSD is possibly bullish

Technical analysis
The EMA(50) and EMA(100) tend to cross, which may be suitable for opening trades
The MACD indicator is above 0 and is pointing up
The RSI is above 50

Key levels
Support 1,800.66 1,790.93
Resistance 1,819.03 1,835.61

Learn more Open / Comment

2021-07-13 07:00:23 TODAY’S HIGHLIGHTS

Harmonised Index of Consumer Prices, Germany
Consumer Price Index Ex Food & Energy, USA
API Weekly Crude Oil Stock, USA

This affects:
EUR and its subsequent pairs
USD and its subsequent pairs
Oil prices

ECONOMIC CALENDAR Open / Comment

2021-07-12 15:20:38 TRADING IDEA
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Trading system - AUTOCHARTIST

#XAUUSD

Target Level: 1793.9500
Target Period: 17 hours
Interval: 1 hour
Pattern: Triangle

Triangle identified at 12-Jul-06:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1793.9500 within the next 17 hours.
Supported by Downward sloping Moving Average Open / Comment

2021-07-12 13:53:03 #intraday_trading

Check out our intraday trading idea

EURUSD is possibly bearish

Technical analysis
The RSI is under 50, showing a potential downward movement

Key levels
Support 1.17939 1.18283 1.18489
Resistance 1.18830 1.19097

Learn more Open / Comment

2021-07-12 11:42:42 #daily_forecast

DAILY FORECAST :

#NZDUSD will likely remain within range today
#EURUSD will likely resume the downward trend
#USDJPY may resume the downward trend

DETAILED INFORMATION IS HERE Open / Comment

2021-07-12 10:31:32 #weekly_forecast

Week Jul 12 - 16

Market focus

TRADERS AND INVESTORS AWAIT RATE DECISIONS AND INFLATION DATA

During the upcoming week traders and investors look to key interest rate decisions from the Bank of Canada, Bank of Japan and the Reserve Bank of New Zealand and also the CPI inflation report from the United States economy. US CPI is not predicted to be as high as last month, while the Bank of Canada could taper QE this week, following last Friday’s blockbuster monthly jobs report.

Key events:
Monday 12th July, Japanese Producer Price Index

Tuesday 13th July, US Consumer Price Index

Wednesday 14th July, Bank of Canada Rate Decision

Thursday 15th July, FED Chair Powell Testimony

Friday 16th July, Bank of Japan Interest Rate Decision


Read more details here Open / Comment

2021-07-12 10:00:05 ​​#webinars_schedule

Hello! We want to announce the upcoming webinars to be held this week:

13/07, 9 PM IST - HINDI Live trading session with Manish Patel

13/07, 9 PM MYT - ENGLISH Live trading session with Kar Yong Ang

13/07, 7 PM WIB - BAHASA INDONESIA Webinar 'The Momentum (MOM) Trading Strategy' with Eko Bagus Setiawan

14/07, 7 PM WIB - BAHASA INDONESIA Q&A session with Vito Henjoto

15/07, 9 PM IST - HINDI Live trading session with Manish Patel

15/07, 7 PM WIB - BAHASA INDONESIA Live trading session with Eko Bagus Setiawan

16/07, 9 PM IST - HINDI Q&A session with Manish Patel Open / Comment

2021-07-09 12:54:51 #intraday_trading

Check out our intraday trading idea

XBRUSD is possibly bullish

Technical analysis
The RSI is above line 50, which means the uptrend may prevail.

Key levels
Support 70.54 71.82 72.44 73.74
Resistance 74.55 75.65

Learn more Open / Comment