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
10 Sep 2013

EUR/CHF on the upper level as Syria’s jitters wane

FXstreet.com (Athens)- The EUR/CHF is trading higher today after risk-on sentiment got well back.

The EUR/CHF seems to be ahead of the ending of the recent pullback

While the monthly reads on Swiss unemployment and Swiss retail sales figures came in just about as expected fell entirely to affect the pair, as risk sentiment hits the “on” button again. The data regarding Europe let down investors today, as both Sweden and French released poor data. ECB's Liikanen, mentioned to say that “Increased liquidity needed to cut bank vulnerability.” Mostly and above all, it seems that the ‘swissie’ lost its appeal on news wires that suggest ““Syria welcomed Russian proposal to put its chemical weapons under international control and US military strike could be abating.”

Technical outlook on EUR/CHF

At the time of writing, EUR/CHF is trading as of 1.2374, up 0.12%, not far away from its daily high of 1.2385. It is of great importance that the pair closed on Monday above its 50 daily EMA, thus the recent pullback may well coming to an end. The FXstreet.com Trend Index shows the pair to be strongly bearish in the 15-minutes timeframe chart. Daily pivot point support can be found at 1.2288, 1.2257, 1.2227, and resistance at 1.2378, 1.2409 and 1.2434, respectively.
Sep 10, 2013

EUR/GBP sheds earlier games as losses mount

The EUR/GBP technical cross started off on a positive foot Tuesday during European trading, having relinquished its gains and steadily dropped lower thus far.
Read more Previous
Sep 10, 2013

Flash: EUR/USD trend higher unlikely - Danske Bank

Danke Bank strategists note that yesterday, USD came under pressure as speculation mounted that the Fed will delay tapering after the weaker-than-expected payrolls report on Friday.
Read more Next