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
21 Jun 2019

NZD/USD technical analysis: 50-day SMA caps immediate upside targeting 61.8% Fibo.

  • NZD/USD’s latest run-up towards 61.8% Fibonacci retracement confronts 50-day SMA.
  • 21-day SMA acts as an immediate support

Despite flashing 9-day high, the NZD/USD pair falls short of clearing 50-day SMA as it takes the bids near 0.6592 during the early Asian session on Friday.

Given the pair’s ability to cross 0.6595 immediate resistance, 61.8% Fibonacci retracement of its October – December 2018 upside, near 0.6632, could come back on the chart.

However, additional upside past-0.6632 will have multiple resistances to cross namely current month top of .6682, 50% Fibonacci retracement level of 0.6700 and 200-day simple moving average (SMA) level of 0.6710.

Meanwhile, pullback moves can target the 21-day SMA level of 0.6565 ahead of visiting 0.6525 and 0.6480 supports.

It should also be noted that sellers’ dominance past-0.6480 can recall 0.6460 and 0.6425 as quotes.

NZD/USD daily chart

Trend: Bearish

 

Jun 21, 2019

USD/JPY: Bulls hold in there with pdice consolidating above 107 the figure

USD/JPY is currently trading at 107.35 between a range of 107.23 and 107.37. The pair is holing up considering the focus on easier money form the cent
Read more Previous
Jun 21, 2019

USD/CNH sell-off stalls near 38.2% Fib retracement level

The sell-off in USD/CNH pair seems to have stalled near 6.8527, which is the 38.2 percent Fibonacci retracement of the rally from April 18 lows to Jun
Read more Next