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 Jun 2014

EUR/GBP stuck in a range until 0.8167

FXStreet (Guatemala) - EUR/GBP is trading at 0.8084, down -0.07% on the day, having posted a daily high at 0.8097 and low at 0.8063.

Strategists at RBS explained that the pair rejected the 0.8065 retracement during the ECB conference, suggesting that after a period of consolidation and perhaps rangy theme within 0.8065 – 0.8150, a bullish reversal would be possible with the next resistance of 0.8167 (the 138.2% Fibonacci projection from the Aug-Oct move), as 0.8116 saw a sustained breakout. “Therefore, the EUR/GBP will likely stay in a range for some time, but will move further North to 0.8231 once the 0.8167 is broken”.

EUR/GBP Levels

Current price is 0.8084, with resistance ahead at 0.8088 (Yesterday's Low), 0.8090 (Monthly Low), 0.8090 (Weekly Low), 0.8090 (Annual Low) and 0.8090 (YTD Low). Next support to the downside can be found at 0.8084 (Hourly 20 EMA), 0.8077 (Daily Classic S1), 0.8071 (Weekly Classic S1), 0.8063 (Daily Classic S2) and 0.8063 (Daily Low).
Jun 10, 2014

USD/JPY technicals still mixed - Scotiabank

Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank explained there are mixed signals suggesting that USDJPY lacks a catalyst to push it out of its recent range.
Read more Previous
Jun 10, 2014

GBP in hands of the bears - Scotiabank

Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank suggested that near‐term studies all warn of downside risk.
Read more Next