Looks familiar?
👍 — Absolutely
👎 — Nope, not me

Want to know about the most significant events affecting major currency pairs?
📅 Check out our updated economic calendar for a snapshot of the upcoming week.

Which currency do you think will move the most?
🔥US CPI
🤩Australia unemployment rate
👍Japan GDP

On Nov. 19 at 1:30 pm UTC, the Canadian Bureau of Statistics will release the Core Consumer Price Index (CPI).

The CPI measures price changes for goods and services in Canada. Higher-than-expected data can boost the CAD, while lower values may weaken it.

CPI rates:
Previous — 1.6%
Forecasted — 1.5%

Here’s how the market could respond:
🔼 Data below 1.6% may drive USD/CAD up
🔽 Data above 1.6% may drive USD/CAD down

Last month, the USD/CAD pair reacted by rising 190 points (a price change of 0.14%).

Potential profit:
In FT mode: 80% (within 5 minutes)
In FX mode: up to 70% (using a x500 multiplier)

What’s your take?
👍 — USD/CAD will rise.
👎 — USD/CAD will drop.

⚡ Volatility is the heartbeat of the market. It’s what keeps traders on their toes, creating both risks and opportunities. So, is it your friend or foe in trading?

There are two types of volatility:

🔹 Historical volatility: Reflects past price changes. Think of it as the market’s “memory.”

🔹 Implied volatility: Indicates the market’s expectations for future swings, often based on option prices.

For example:

- In Forex, the London and New York sessions overlap, and can lead to sharp moves in currency pairs like EUR/USD and GBP/USD.
- Bitcoin can surge or dive from major announcements or tech updates.
- Oil prices soared from $75 to $95 per barrel in June 2024 after production cuts — a 26% rise for traders seizing the moment 🚀

💡 Pro tip: Volatility can be your ally if managed wisely. Use it to find entry points or secure profits, but always be cautious.

What’s your style — do you embrace high volatility or avoid it?

👍 I jump right in
👎 I steer clear

Last week, the spotlight was on the crypto asset Hamster Kombat (HMSTR) with its dramatic surge 🚀

Why did HMSTR rise?
From Nov. 9 to 11, HMSTR jumped by 139% after a surprise announcement of the popular game’s Season 2.
The news sparked major interest from investors and gamers expecting new monetization features.

Recent performance
📉 Initially listed at about $0.01 in late September, HMSTR dropped to a low of $0.0023 by Nov. 5.
📈 The trend reversed a few days ago to a high $0.0062.

How to trade on HMSTR now?
Following the news: It’s a great way to benefit from sudden updates.
Technical analysis: Use tools to spot support and resistance levels.
Risk management: Secure your gains by setting a Stop Loss and Take Profit to your orders.

💸 Potential profit with HMSTR
Its weekly volatility of 20% to 30% offers good opportunities for both long and short trades.
With a leverage of 5x to 10x on Olymptrade, potential profit can reach up to 300%!

Will HMSTR hit a new high by the end of the month?
👍 Yes
👎 No

Swing trading is a brilliant strategy... but does it suit you?

Four key questions can help you know if swing trading is your trading style 😎

🎬 Watch this video and let's answer them together! → https://www.youtube.com/watch?v=gTgllGfnlUs&feature=youtu.be

📅 Our freshly updated economic calendar is ready.
Check out the key events of the upcoming week that are likely to affect major currency pairs.

Which event do you think will have the biggest impact?
🔥New Zealand interest rate decision
🤩USD crude oil inventories
👍Eurozone CPI

🔔 On Nov. 27 at 1:30 pm UTC, the US will publish its final Q3 GDP. The GDP is a key indicator of economic health, reflecting whether the economy has grown or contracted.

📈 A higher-than-expected GDP could boost USD.
📉 A lower GDP is likely to weaken it.

GDP data:
Previous — 2.8%
Forecasted — 2.7%

Here’s how the market might respond:
🔼 Data above 2.8% may lead to a drop in EUR/USD.
🔽 Data below 2.8% may result in EUR/USD rising.

Last month, a weaker-than-expected US GDP led to a 67-point rise in EUR/USD, giving traders a chance to profit.

Potential profit:
In FT mode: 82% (within 5 minutes)
FX: Up to +30% (with a 500x multiplier)

How do you think EUR/USD will react?

👍 EUR/USD will rise.
👎 EUR/USD will drop.

Between Nov. 12 and 16, 2024, XRP’s price surged by 100%, mainly driven by Ripple Labs’ legal victory against the SEC. The court ruled that the XRP being sold on secondary markets is not classed as a security.

Recent price movements:

📊 Before Nov. 12, XRP was trading at around $0.60 with moderate volatility.
📈 By Nov. 14, the price climbed to $0.85.
🚀 By Nov. 16, XRP hit $1.20 (+100%).

Why invest in Ripple now?

⚡ Volatility: Ripple’s sensitivity to market and regulatory news makes it perfect for short-term trading.
🔎 Regulatory clarity: Ripple Labs’ recent legal victory has reduced regulatory risks, boosting investor confidence.
🤝 Ecosystem growth: Partnerships with banks and increasing network utility add long-term value.

Earning potential:

Ripple’s price fluctuates by 5% to 10% every week.
Using a multiplier of x10 in FX mode means you can amplify a 10% price change into a 100% gain.

Will XRP break its previous high this month?

👍 Absolutely
👎 No chance

Being informed about key economic events is vital for trading on the news.

📅 Our calendar offers a snapshot of the week’s most important market shakers.

Do you plan to trade on any of these releases?
Yes 👍
No 🔥

On Dec. 6 at 1:30 PM UTC, the US Department of Labor will release the unemployment rate.

The unemployment rate is a key indicator of labor market strength, showing the percentage of the population that is unemployed but actively seeking work.
A higher-than-expected rate may weaken the USD, while a lower rate could boost it.

Unemployment rate:
Previous — 4.1%
Forecasted — 4.0%

Here’s how the market could respond:
🔼 Data above 4.1% may drive EUR/USD up.
🔽 Data below 4.1% may drive EUR/USD down.

Last month, the US unemployment rate remained unchanged, then EUR/USD fell by 343 points (a price change of 0.32%).

Potential profit:
In FT mode: 82% (within 5 minutes)
In FX mode: up to 160% (using a 500x multiplier)

What’s your forecast for the pair?
👍 — EUR/USD will rise
👎 — EUR/USD will drop

🚀 On Nov. 26, IBM stock rose by 10%, thanks to several announcements including new AI-driven products and strategic partnerships.

Price movements:
Weekly growth — up 10% from Nov. 19 to 26.
Year-to-date growth — up 35% since January 2024.

Why trade on IBM stock?
💡 Its launch of Autonomous Security for Cloud, powered by generative AI, has attracted major clients.
📈 Increased interest in automation has led to more orders for IBM software.
🤝 IBM’s collaboration with ServiceNow to integrate generative AI into business processes is strengthening its market position.
💪 These developments have solidified IBM’s reputation as a growing player in AI and cloud technologies.

Earning potential:
IBM’s stock fluctuates by 6% to 8% per month, offering good opportunities for traders. With a 20x multiplier in Forex mode, traders can turn a 1% price change into a 20% gain.

How much will IBM stock grow by the end of 2024? Vote with an emoji.

👍 — 5%
🔥 — 10%
🤩 — 15%

Not sure which indicators best suit your day-trading strategy?

That’s fair — Olymptrade’s got a lot of them 😎

🎬 Watch this video to find out which indicators are best for day trading and why! → https://www.youtube.com/watch?v=OM4T1GClY84&feature=youtu.be