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 Nov 2018

EUR/USD Technical Analysis: bullish breakout confirmed

  • The EUR/USD closed at 1.1416 on Friday, confirming a falling channel breakout, meaning the sell-off from the September high of 1.1815 has ended and the bulls have likely regained control.
  • Notably, the bull breakout is backed by the ascending 5- and 10-day exponential moving averages (EMAs). On Friday, the 14-day relative strength index (RSI) also move above 50.00 - in bullish territory.
  • The stage looks set for further gains toward the 50-day EMA of 1.1465, possibly after a minor pullback as the RSI on the hourly chart has diverged in favor of the bears.
  • The bullish outlook would be negated if the pair drops below Friday's low of 1.1321.

Daily chart

Hourly chart

Trend: Bullish

EUR/USD

Overview:
    Last Price: 1.1411
    Daily change: -5.0 pips
    Daily change: -0.0438%
    Daily Open: 1.1416
Trends:
    Daily SMA20: 1.1374
    Daily SMA50: 1.1512
    Daily SMA100: 1.1563
    Daily SMA200: 1.1815
Levels:
    Daily High: 1.142
    Daily Low: 1.132
    Weekly High: 1.142
    Weekly Low: 1.1216
    Monthly High: 1.1625
    Monthly Low: 1.1302
    Daily Fibonacci 38.2%: 1.1382
    Daily Fibonacci 61.8%: 1.1358
    Daily Pivot Point S1: 1.135
    Daily Pivot Point S2: 1.1284
    Daily Pivot Point S3: 1.1249
    Daily Pivot Point R1: 1.1451
    Daily Pivot Point R2: 1.1486
    Daily Pivot Point R3: 1.1552

 

 

Nov 19, 2018

USD/JPY dragging its feet just south of 113.00

The USD/JPY is trading into 112.75 in the new week's early action which saw the Dollar-Yen dip into a fresh two-week low before recovering quickly to
Read more Previous
Nov 19, 2018

Forex Today: Weekend headlines drive Brexit anxiety as early markets get hung up

In forex today, early market action has seen itself largely toe-dragging in thin Monday flows with broader investor sentiment completely hung up on a
Read more Next