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
26 Feb 2013

Forex: USD/JPY slams through 92.20 key support

USD/JPY is currently testing the breaking point and key previous support at 92.20, bouncing from fresh Feb lows at 90.84, following the great sell-off the pair suffered when Italian election results started to be released in early NY session. USD/JPY printed a fresh 34-month high in early Asia-Pacific yesterday to start the week off on headlines of the new BoJ head to be elected soon, being most probably candidate Kudora, one of most dovish contenders.

According to Valeria Bednarik, Chief Analyst at Fxstreet.com: “The hourly chart shows indicators aiming for an upward corrective movement, heading slightly higher from extreme oversold readings, although some stability above 92.20 is required to see price correcting higher,” the analyst notes, adding: “In the 4 hours chart, there’s a strong bearish tone persisting, although current candle opened above 200 SMA, around 91.50 and immediate support: renewed selling pressure below this last should lead to a bearish continuation with key 90.00 level then at sight,” she concludes.

Valeria finds support levels at: 91.80, 91.40 and 91.00, while resistance levels at: 92.20, 92.70 and 93.10.
Feb 26, 2013

Quick facts from Monday, like 38 calendar days of gains in the S&P500 gone...

It has been a trading day like no other this year, and that will be remembered for quite some time as a wave of selling hysteria hit the Euro, but most importantly all Yen crosses.
Read more Previous
Feb 26, 2013

Forex: EUR/JPY pulling back the 121.00 handle

EUR/JPY is pulling back last at 121.04 the channel base broken down around the 122 handle following Italian election results, off fresh 1-month lows at 118.73. The bounce comes on the back of mostly Yen weakness, as Euro is still stable around near session and 1-month lows 1.3072 last, knowing now that quite possibly there's need of another voting in Italy before year ends, given highly mixed results, which could difficult forming a government.
Read more Next