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 posts huge bearish reversal post-Fed; bears need 1.3665 to crack

FXstreet.com (Barcelona) - The EUR/USD could still merely be in a short-term downside correction, but if 1.3665 is broken on a daily close, technicians say something more serious on the downside will be under way.

EUR/USD traders to react to light European and heavy US data Wednesday

After Wednesday’s Fed-induced downside fireworks, EUR/USD traders are having to double-check the charts to see if things have changed technically now that the Fed has changed things fundamentally (even if it was just an insignificant “token” change). As of the writing of this article, it appears that EUR/USD bulls still have one technical support level on which they are able to base any remaining optimism (see more on this below).

Thursday’s economic data points due out that may have an impact on the EUR/USD include:

• European Council Meeting
• EuroZone Current Account
• US Weekly Jobless Claims
• US Conference Board Leading Indicators
• US Existing Home Sales
• US Philly Fed Manufacturing Survey
• US 7-Year Note Auction

Technical outlook for EURUSD

Technicians say the EUR/USD is on the verge of confirming that the recent up move in the cross was just a massive correction higher that topped at 1.3810. If 1.3665 support is broken, this “correction” theory will be turning into reality. The next downside target would then be 1.3627 – the next Fibonacci projection line. If, by a surprising change in circumstances, the EUR/USD reverses back to the upside and takes out 1.3810, the next resistance level would be 1.3832.

USD/SGD breaks above 1.26, daily ichimoku cloud

USD/SGD is consolidating gains after breaking the 1.26 frontier, with the pair now under re-distribution phase with technicals suggesting further gains may lie ahead.
Read more Previous

EUR/AUD fails to hold above 1.5500

The EUR/AUD has been unable to move away from the 1.5540 – 1.5570 area.
Read more Next