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
2 Dec 2019

USD/JPY now looks to 110.00 and possibly above – UOB

In light of the ongoing price action, USD/JPY could move to levels above the 110.00 handle, suggested FX Strategists at UOB Group.

Key Quotes

24-hour view: “We expected USD to trade sideways between 109.30 and 109.65 last Friday. USD subsequently traded in a quiet manner within a 109.38/106.66 range before ending the day little changed at 109.51 (+0.01%). The underlying tone has improved and this could lead to test of the strong 109.75 resistance. For today, a sustained rise above this level appears unlikely (next resistance is at 110.00). On the downside, only a move below 109.30 would indicate that the current mild upward pressure has eased”.

Next 1-3 weeks: “USD eked out a 6-month high of 109.66 last Friday before closing largely unchanged at 109.51 (+0.01%). The price action was not out of line with our view from last Thursday (28 Nov, spot at 109.40) wherein ‘upward momentum has improved’ and the ‘focus is at 109.75’. As highlighted, a clear break of 109.75 would greatly increase the prospect for USD to move above the next resistance at 110.00. All in, USD is expected to stay firm unless it moves below 109.10 (‘strong support’ level previously at 108.80)”.

Dec 2, 2019

EUR/USD extends the recovery to the 1.1020 region, ECB, data on sight

The single currency has started the week on a positive mood and is now lifting EUR/USD to fresh daily highs in the 1.1020 zone. EUR/USD looks to data,
Read more Previous
Dec 2, 2019

A rebound in EUR/GBP is not ruled out in the very near term – Commerzbank

Following the recent price action, EUR/GBP could attempt a bounce in the next days, according to Karen Jones, Team Head FICC Technical Analysis Resear
Read more Next