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

EUR/USD limited upside potential – FXStreet

FXStreet (Barcelona) - Valeria Bednarik, Chief Analyst at FXStreet, shares the technical outlook for EUR/USD, noting that technicals remain in favour of downward continuation towards 1.1050.

Key Quotes

“The EUR/USD pair has fell down to 1.1065 intraday, but recovered some ground amid an optimistic forecast from the EU Commission regarding GDP and inflation figures, both revised to the upside for this 2015. Nevertheless, the pair is accelerating above the critical 1.1120 resistance, following the release of poor US Trade balance figures.”

“Earlier in the day, market rumors pointed for more delays in the Greek drama, with the IMF retreating its support to the country, whilst German FM Schaeuble hit the wires stating he's skeptical on reaching a deal before the next due payment to the international organism.”

“The technical picture shows a limited upward potential as the 1 hour chart shows that the price can't advance its 100 SMA, whilst the technical indicators aim higher, but remain below their mid-lines.”

“In the 4 hours chart the 20 SMA turns lower around 1.1190, whilst the technical indicators maintain their strong bearish slopes in negative territory, supporting a downward continuation towards 1.1050, 38.2% retracement of its latest bullish run and former highs.”

“Should the price hold above 1.1120, the upside is favored towards the 1.1200 price zone. “

EUR/USD could reach parity by year-end – BAML

In the opinion of Athanasios Vanvakidis, Analyst at BAML, the pair’s downside could reach parity level by the end of 2015...
Read more Previous

RBA not in a hurry to cut rates again – BBH

The Brown Brothers Harriman Team views that after cutting rates in today’s meeting the RBA will likely go in a wait and see mode.
Read more Next