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
10 Aug 2018

EUR/USD Technical Analysis: Sell-off now targets sub-1.1400 levels

  • Spot has quickly left behind the key support at 1.1500 the figure today, accelerating the decline and testing fresh 2018 lows in the 1.1430 region.
  • The persistent leg lower has now prompted investors to shift their focus to the area of 1.1310, where sits June’s 2017 low.
  • Looking at the broader picture in the daily chart, the pair has resumed the downside following April-May drop, seconded by a brief consolidation (June-July) and then breaking below the pennant figure (continuation pattern).
  • On the upside, occasional bullish attempts should meet interim hurdle at the 10-day SMA at 1.1597, while the area of recent tops above 1.1600 the figure appears as a more significant resistance. This area is also reinforced by the 21-day SMA (1.1640) and the bottom of the pennant pattern (resistance line now).
  • Furthermore, the offered stance should remain unchanged as long as the 1.1745/50 band caps.

EUR/USD daily chart

 

 

 

Daily high: 1.1537

Daily low: 1.1432

Support Levels

S1: 1.1495

S2: 1.1463

S3: 1.1401

Resistance Levels

R1: 1.1589

R2: 1.1652

R3: 1.1684

Aug 10, 2018

NZD/USD could see 0.6540 tested – UOB

The weakness around the Kiwi Dollar could push spot to drop as low as the 0.6540 area in the next weeks, suggested FX Strategists at UOB Group. Key Q
Read more Previous
Aug 10, 2018

USD/JPY risks a visit to 110.60 – UOB

FX Strategists at UOB Group noted the pair could drop and test the 110.60 region in the short-term horizon. Key Quotes 24-hour view: “USD rebounded
Read more Next