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.
Cancel Confirm
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.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
5 Aug 2013

Precious metals trading at intraday lows, silver touching support at 1300.00

FXstreet.com (New York) - Precious metals have been trading lower across the board Monday, having failed to garner any type of momentum during US trading.

Gold trading near 1300 support

Gold rebounded strongly on Friday, forming a long lower shadow hammer candlestick pattern at 1300.00 support, and thus closed the trading session back above this key support at 1300.00, which keeps the bullish correctional wave and outlook intact for this week. At the time of writing, gold prices are trading at USD $1302.95 per oz. Monday.

Silver bearish scenario favored

Silver spot prices have been under siege Monday, with an upside held below the first tier descending resistance, and below the 50-day SMA in addition to the main descending trend line. Accordingly, the bearish scenario remains favored. The price of silver has now moved to USD $19.69 per oz. during US trading.

WTI bullishness reiterated

The latest bearish wave in WTI Crude could be a mere retest of the main broken descending resistance, where price resumed the overall bullish wave after retesting the trend line around 103.00 area. The bullish scenario is favored, towards the next key resistance area at 110.00. A break above 110.00 will be the catalyst for further gain and the continuation of the rally. In these moments, WTI crude oil is negotiating a price of USD $106.49/bbl Monday.
Aug 5, 2013

Fash: Sterling see’s strong service PMI - TD Securities

Jacqui Douglas, Senior Global Strategist, Rates and FX Research at TD Securities noted this morning’s services PMI was even stronger than last week’s remarkable manufacturing and construction surveys.
Read more Previous
Aug 5, 2013

EUR/USD it’s alive! Back to 1.3250

It seems the shared currency found some bids around 1.3230 on Monday, lifting the EUR/USD to the mid 1.3200s in a context dominated by the risk aversion....
Read more Next