OctaFX Official

2021-10-20 07:00:31 TODAY’S HIGHLIGHTS

PBoC Interest Rate Decision, China
Producer Price Index, Germany
Producer Price Index, UK
Consumer Price Index, UK
Consumer Price Index, euro zone
Consumer Price Index, Canada

This affects:
CNY and its subsequent pairs
EUR and its subsequent pairs
GBP and its subsequent pairs
CAD and its subsequent pairs

ECONOMIC CALENDAR Open / Comment

2021-10-19 15:26:33 TRADING IDEA
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Trading system - AUTOCHARTIST

#USDCHF

Target Level: 0.9234
Target Period: 8 hours
Interval: 15 minutes
Pattern: Channel Down

Channel Down identified at 19-Oct-14:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.9234 within the next 8 hours.
Supported by RSI below 40 Open / Comment

2021-10-19 15:19:21 #intraday_trading

Check out our intraday trading idea

#EURUSD is possibly bullish

Most likely scenario - BUY
Target prices: 1.16713 1.16865 1.16996

Alternative scenario - SELL
Target prices: 1.16543 1.16396 1.16236

Key levels
Support 1.16543 1.16396 1.16236
Resistance 1.16713 1.16865 1.16996

Learn more Open / Comment

2021-10-19 14:29:16 TRADING IDEA
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Trading system - AUTOCHARTIST

#BTCUSD

Target Level: 62,978.2600
Target Period: 7 hours
Interval: 30 Minutes

Rising Wedge identified at 19-Oct-14:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 62978.2600 within the next 7 hours.
Supported by Upward sloping Moving Average Open / Comment

2021-10-19 14:27:40 TRADING IDEA
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Trading system - AUTOCHARTIST

#USDJPY

Target Level: 114.3580
Target Period: 11 hours
Interval: 30 Minutes

Approaching Resistance level of 114.3580 identified at 19-Oct-14:00 Open / Comment

2021-10-19 14:26:07 TRADING IDEA
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Trading system - AUTOCHARTIST

#EURUSD

Target Level: 1.1608
Target Period: 12 hours
Interval: 30 Minutes

Channel Up identified at 19-Oct-14:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.1608 within the next 12 hours.
Supported by RSI above 60 Open / Comment

2021-10-19 10:30:01 #trading_spotlight

Every day we analyze the market trends, select the most newsworthy asset, and prepare technical analysis on it—to help you reduce risks and get prepared.

Today's tickers:

In our most likely scenario, the #EURUSD pair may challenge the first resistance level of 1.16484

The #GBPUSD pair may reach the first resistance level of 1.37800

The #USDJPY pair may reach the first support level of 113.798

View detailed analytics Open / Comment

2021-10-19 10:29:49 TRADING IDEA
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Trading system - AUTOCHARTIST

#GBPCAD

Target Level: 1.6956
Target Period: 8 hours
Interval: 1 hour
Pattern: Channel Down

Channel Down identified at 19-Oct-07:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.6956 within the next 8 hours. Open / Comment

2021-10-19 10:27:45 TRADING IDEA
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Trading system - AUTOCHARTIST

#USDCAD

Target Level: 1.2315
Target Period: 15 hours
Interval: 1 hour
Pattern: Support

Broke through Support level of 1.2348 at 19-Oct-09:00
Supported by Downward sloping Moving Average Open / Comment

2021-10-19 10:02:29 #intraday_trading

Check out our intraday trading idea

#XAUUSD is possibly bearish

Most likely scenario - SELL
Target prices: 1,771.54 1,762.34

Alternative scenario - BUY
Target prices: 1,781.77 1,791.57

Key levels
Support 1,771.54 1,762.34
Resistance 1,781.77 1,791.57

Learn more Open / Comment