OctaFX Official

2023-06-11 16:03:36 #economic_calendar

This event may affect the market on 12 June.

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2023-06-09 15:20:04 #intraday_trading

#EURUSD seems bearish

Opportunity: SELL
Main pattern: Strong resistance pullback
Explanation: The price has deviated substantially from its long-term trend and risen to the strong resistance level. The technical pattern suggests a possible downwards correction.
Order type: Market Sell
Risk-reward ratio: 1:1

Place order: 1.07791
Stop Loss: 1.08046
Take Profit: 1.07541

Trade now

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These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-06-09 15:15:49 OctaFX Analytics pinned a photo Open / Comment

2023-06-09 13:36:03 #intraday_trading

#XAUUSD intraday trend is bullish

Opportunity: BUY
Main pattern: Wedge
Explanation: The blue line represents a long-term trend and displays a bullish movement. The line is stronger than the orange one, which is a short-term trend. The technical pattern suggests a continuation of the long-term trend.
Order type: Market Buy
Risk-reward ratio: 1:1

Place order: 1963.70
Stop Loss: 1957.60
Take Profit: 1969.80

Trade now

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These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-06-09 13:10:00 #market_updates

Gold jumps while the U.S. dollar falls after growing jobless claims.

The euro rises sharply as the Fed is expected to pause hiking rates.

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2023-06-09 12:45:03 Find the best entry points for currency pairs in today’s
#technical_analysis

• Bears continue to bring #BTCUSD lower
• The #XAUUSD trend remains bearish
• The #USDCHF trend remains bullish

Don’t miss out on profitable trading opportunities.

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2023-06-09 11:14:02 #intraday_trading

#EURJPY is possibly bearish

Opportunity: SELL
Main pattern: Overbought
Explanation: The price has deviated substantially from its long-term trend and risen to the strong resistance level. The technical pattern suggests a possible downwards correction.
Order type: Market Sell
Risk-reward ratio: 1:1

Place order: 150.420
Stop Loss: 150.820
Take Profit: 150.018

Trade now

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These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-06-09 11:03:04 #intraday_trading

#GBPJPY may correct downwards

Opportunity: SELL
Main pattern: Overbought
Explanation: The price has deviated substantially from its long-term trend and risen to the strong resistance level. The technical pattern suggests a possible downwards correction.
Order type: Market Sell
Risk-reward ratio: 1:1

Place order: 175.183
Stop Loss: 175.685
Take Profit: 174.679

Trade now

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ID MS PK TR

These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-06-09 09:15:03 #intraday_trading

#NZDUSD seems bearish

Opportunity: SELL
Main pattern: Strong resistance pullback
Explanation: The price has deviated substantially from its long-term trend and risen to the strong resistance level. The technical pattern suggests a possible downwards correction.
Order type: Market Sell
Risk-reward ratio: 1:1

Place order: 0.60927
Stop Loss: 0.61148
Take Profit: 0.60711

Trade now

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ID MS PK TR

These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-06-08 16:00:07 #economic_calendar

These events may affect the market on 9 June.

Visit Market Insights and read daily analytics to stay up-to-date about important events and their influence on your trading.

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