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.
EUR/USD technical analysis: Euro rolling into the Asian session near 1.1052 level
The US Gross Domestic Product this Thursday keeps the Euro under pressure.
In the New York session, the Fiber had a bullish spike which spanned the whole daily range after comments from ECB's Knot.
The level to beat for bears is the 1.1052 support followed by the 1.1033 level.
EUR/USD daily chart
On the daily time-frame, the common currency is trading in a bear trend below the main daily simple moving averages (DSMAs). Earlier in the New York session, the US Gross Domestic Product Annualized (GDP) came in line with expectations at 2% in the second quarter. In the London session, the German inflation in August (YoY) came below expectations at 1% vs. 1.2% forecast by analysts.
EUR/USD 4-hour chart
The Euro is under bearish pressure below the main SMAs as the market reached new weekly lows this Thursday. The Fiber broke below the 1.1052 support; however, it retraced back above it into the New York close. The potential for a move down towards 1.1033 and 1.1016 levels is still on the cards, according to the Technical Confluences Indicator.
EUR/USD 30-minute chart
EUR/USD is trading below the main SMAs, suggesting a bearish momentum in the near term. Immediate resistances are seen at 1.1080, 1.1098 and 1.1117 levels, according to the Technical Confluences Indicator. Earlier in the New York session, the Fiber had a bullish spike which covered the whole daily range in two minutes only to be retraced afterward. ECB's Knot said there was "no need to resume a Quantitative Easing program" and "the ECB's September meeting exactions are overdone."
Additional key levels
Sign up and start trading
Create a free trading account and join millions of satisfied traders.