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
Test
Trading news
Back
16 Jul 2018

USD/CHF Technical Analysis: Swissy drops below parity level

  • USD/CHF slipped below the parity level as the week started. It is now trading below its 50, 100 and 200-period simple moving averages.
  • However, USD/CHF is finding some support from the bullish trendline (dotted line) and a clear breakout below it and the 0.9950-0.9961 area would be needed to confirm a bearish bias.
  • The parity level becomes now the major resistance to the upside for bulls to overcome while bears will try to drive the market below 0.9950-0.9961 area, figure and June 21 open.  


USD/CHF 15-minute chart 

Spot rate:                  0.9968
Relative change:       -0.49%     
High:                         1.0026
Low:                          0.9962

Trend:                       Neutral

Resistance 1:           0.9989-1.0000 area June 15 high and parity
Resistance 2:           1.0026 May 11 open
Resistance 3:           1.0069 current 2018 high
Resistance 4:           1.0170 March 7, 2017 high
Resistance 5:           1.0343 December 15, 2016


Support 1:                0.9950-0.9961 figure and June 21 open
Support 2:                0.9936 daily 50-period SMA 
Support 3:                0.9920 intraday demand level
Support 4:                0.9900 figure
Support 5:                0.9856 June 25 low
Support 6:                0.9788 June 7 swing low

Jul 16, 2018

By year-end, the UK will have negotiated a relatively soft Brexit - JP Morgan

Karen Ward, a contributor to J.P. Morgan Asset Management's research material explained that, indeed, the White Paper draw up by UK's PM May is a cons
Read more Previous
Jul 16, 2018

DXY rally is overbought with glaring divergence - UOB

Analysts at UOB Group offer a snapshot of their outlook for DXY, EUR, AUD and GBP. Key Quotes: "After enduring persistent selling across the whole o
Read more Next