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 looks to regain 1.1200 ahead of US data

The shared currency has bounced off the 1.1180 area vs. the greenback today, pushing EUR/USD back to the 1.1200 neighbourhood.

EUR/USD lower on USD strength

The pair saw its downside momentum accelerated after hitting overnight peaks in the 1.1220 area, albeit bears could not push further south of 1.1180 for the time being.

In the meantime, the generalized bid tone around the greenback remains unabated so far, prompting spot to keep fading the stab towards the 1.1340 area seen after the FOMC meeting.

Data wise in the US docket, New Home Sales are due ahead of the EIA weekly report on crude oil inventories.

EUR/USD levels to watch

The pair is now retreating 0.18% at 1.1197 facing the next support at 1.1123 (38.2% Fibo of 1.0709-1.1378) ahead of 1.1078 (20-day sma) and finally 1.1042 (200-day sma). On the flip side, a break above 1.1344 (high Mar.17) would target 1.1378 (2016 high Feb.11) en route to 1.1496 (monthly high Oct.15 2015).

AUD/USD seen retreating towards 0.71 in 6-month – Danske Bank

Kristoffer Lomholt, Analyst at Danske Bank, sees the Aussie dollar deprecaiting towards the 0.7100 handle in the medium term...
Read more Previous

United States MBA Mortgage Applications remains unchanged at -3.3% in March 18

United States MBA Mortgage Applications remains unchanged at -3.3% in March 18
Read more Next