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

USD/JPY: Tough resistance ahead - Commerzbank

Karen Jones, analyst at Commerzbank, explains that the USD/JPY pair has eroded its 200 day ma and short term downtrend last week and should now challenge dense resistance at the 112.13 March high.

Key Quotes

“Here we also find the 112.04 200 week ma, the 112.43 55 quarter moving average and the 112.80 2015-2019 downtrend. This is extremely tough resistance and we favour failure shortly.”

“It continues to remain underpinned by cloud support at 110.75 and its 3 month uptrend at 110.68. It is bid above here. Failure here will re-target the 109.70 recent low.”

“The 109.70 low guards the 38.2% retracement at 109.06 and there is scope for the 50% retracement at 108.11. The base of the cloud lies at 108.35.”

USD/CAD consolidates in a range below 1.3400 mark

• The USD held on the defensive on the back of declining US bond yields. • Bullish oil prices underpin Loonie and added to the pair’s weaker tone. •
Read more Previous

Oil: Prices guided by the geopolitics – Danske Bank

Kristoffer Kjær Lomholt, senior analyst at Danske Bank, points out that the Brent crude oil price closed above USD70/bbl for the first time since mid-
Read more Next