Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Octa trading broker
Open trading account
Back

NZD/USD Price Analysis: Bears extend control as pair erases most recent gains

  • NZD/USD posts a four-day losing streak and approaches the 20-day SMA.
  • RSI trends lower in negative territory, reflecting a decline in bullish momentum.
  • The pair is down by more than 1% over the week.

The NZD/USD pair continued its decline on Wednesday slightly below 0.5700, marking its fourth consecutive daily loss as sellers remained in control. The pair has now erased the majority of last week’s gains and is approaching a key technical threshold, the 20-day Simple Moving Average (SMA), which could determine the next directional move.

Technical indicators are turning increasingly bearish. The Relative Strength Index (RSI) is declining and approaching negative territory, suggesting that buyers are struggling to regain traction. Meanwhile, the Moving Average Convergence Divergence (MACD) histogram prints flat green bars, indicating a slowdown in upward momentum rather than a decisive shift towards renewed strength.

If the pair breaches the 20-day SMA, it could confirm a bearish outlook, potentially leading to further downside. However, if buyers manage to defend this support level, a corrective bounce may materialize. Market participants will be closely watching price action around this technical barrier for clues on the next move.

NZD/USD daily chart

AUD/JPY Price Analysis: Bears extend control as cross nears multi-month lows

The AUD/JPY pair extended its losses on Wednesday, marking a two-day losing streak as sellers maintained their grip on the market.
Read more Previous

GBP/USD runs out of bullish gas at key technical levels

GBP/USD briefly tested a fresh 10-week high on Wednesday, piercing 1.2700 for the first time since mid-December.
Read more Next