OctaFX Official

2021-10-13 10:00:27 TRADING IDEA
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Trading system - AUTOCHARTIST

#USDJPY

Target Level: 113.7820
Target Period: 21 hour
Interval: 1 hour
Pattern: Rising Wedge

Rising Wedge identified at 13-Oct-09:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 113.7820 within the next 21 hours. Supported by Upward sloping Moving Average Open / Comment

2021-10-13 09:52:58 TRADING IDEA
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Trading system - AUTOCHARTIST

#USDCAD

Target Level: 1.2434
Target Period: 17 hours
Interval: 1 hour
Pattern: Falling Wedge

Falling Wedge identified at 13-Oct-05:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2434 within the next 17 hours.
Supported by Downward sloping Moving Average Open / Comment

2021-10-13 09:46:39 TRADING IDEA
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Trading system - AUTOCHARTIST

#GBPUSD

Target Level: 1.3672
Target Period: 2 days
Interval: 4 hour
Pattern: Channel Up

Channel Up identified at 13-Oct-08:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3672 within the next 2 days.
Supported by Upward sloping Moving Average Open / Comment

2021-10-13 09:24:11 #intraday_trading

Check out our intraday trading idea

#XAUUSD is possibly bullish

Most likely scenario - BUY
Target prices: 1,763.29 1,765.01 1,766.84

Alternative scenario - SELL
Target prices: 1,760.80 1,758.99 1,756.62

Key levels
Support 1,760.80 1,758.99 1,756.62
Resistance 1,763.29 1,765.01 1,766.84

Learn more Open / Comment

2021-10-13 08:00:12 #education

Define your trading goals

To profit from trading, you must understand the markets. To understand the markets, you must first get to know yourself and your needs.

The first step to self-awareness is to ensure that your risk tolerance and capital allocation are not excessive or insufficient. It means that you must carefully study and analyse your own financial goals when engaging in Forex trading. Open / Comment

2021-10-13 07:00:02 TODAY’S HIGHLIGHTS

Harmonized Index of Consumer Prices, Germany
Manufacturing Production, UK
Gross Domestic Product, UK
Consumer Price Index Ex Food & Energy, USA
FOMC Minutes, USA
API Weekly Crude Oil Stock, USA

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

ECONOMIC CALENDAR Open / Comment

2021-10-12 16:10:03 We have great news for you!

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Make sure your friend creates an account and opens an order of any volume
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The campaign is available to clients from India, Indonesia, Malaysia, Nigeria, Pakistan, Singapore, Mexico, Argentina, Colombia, Peru, Ecuador, Chile, and the Philippines.

For more details, visit the official offer page.

Good luck and have profitable trading! Open / Comment

2021-10-12 09:27:39 #intraday_trading

Check out our intraday trading idea

#XAUUSD is possibly bullish

Most likely scenario - BUY
Target prices: 1,763.29 1,766.84

Alternative scenario - SELL
Target prices: 1,756.62 1,753.65

Key levels
Support 1,756.62 1,753.65
Resistance 1,763.29 1,766.84

Learn more Open / Comment

2021-10-12 07:00:31 TODAY’S HIGHLIGHTS

Claimant Count Change, UK
ZEW Survey - Economic Sentiment, Germany
ZEW Survey - Economic Sentiment, euro zone

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

ECONOMIC CALENDAR Open / Comment

2021-10-11 16:09:10 TRADING IDEA
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Trading system - AUTOCHARTIST

#XAUUSD

Target Level: 1742.1500
Target Period: day
Interval: 4 hour
Pattern: Support

Approaching Support level of 1742.1500 identified at 09-Oct-00:00
Supported by Downward sloping Moving Average Open / Comment