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
19 Apr 2018

Nikkei 225 knocking into highs near 22,400, but hesitation is capping gains

  • Asia stocks rally in early Thursday action, but hesitate and give up the day's gains.
  • The emager gains held onto through the session owe to a rally in energies.

The Nikkei 225 index walked upwards into fresh highs in the early overnight session near 22,350.00, extending yesterday's run, but walked it back through Tokyo trading to finish the day off near 22,250.00.

Asia stocks opened the day on a high note as risk rallies hit the broad markets, but the Asia indexes second-guessed themselves following dismal jobs reports from Australia and continued tensions from the Middle East, this time spurred on by Saudi Arabia, who moved the goalposts on OPEC's current production-cutting strategy, and are determined to see oil back up to $80 or even $100 per barrel. Energies rallied on the news, but Asia risk bulls are balking at the price disruption strategy, and the Nikkei is wrestling back lower in the off-market.

Nikkei Levels to watch

With the Nikkei pricing in a turnaround at the day's high, immediate resistance will be greeting bulls at 22,350.00, with further resistance at February's swing high of 22,500.00, while a bearish correction will face support from the last resistance-turned-support zone at 21,920.00, with further support priced in from April's open at 21,460.00.

Apr 19, 2018

Forex Today: AUD bulls shrug-off dismal Aus jobs, UK retail sales – key

Forex Today: AUD bulls shrug-off dismal Aus jobs, UK retail sales – key Risk-on continued to remain the main theme across the fx board for the secon
Read more Previous
Apr 19, 2018

Australia: Business conditions strong and businesses have their say on tax - NAB

The Australian business conditions index in 2018 Q1 increased by 2pts to +17, its highest level since 2007 while the Business confidence index was unc
Read more Next