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

EUR/USD Price Analysis: Euro under pressure, challenges 1.1000 figure

  • EUR/USD stays under selling pressure while challenging the 1.1000 figure.
  • As bears gain momentum they could reach 1.0958 price level.  
 

EUR/USD daily chart 

 
The euro is trading in a weak bear trend below its main simple moving averages (SMAs) as the market broke below an ascending trendline three days ago. The spot formed a head-and-shoulders formation which is driving the market towards its lowest point since November.
 

EUR/USD four-hour chart

 
EUR/USD is trading in a bear channel below its main SMAs as the market is grinding lower. The spot is challenging the 1.1000 figure; a beak of this psychological level could lead to further downside towards the 1.0958 levels, according to the Technical Confluences Indicator. 
  

Additional key levels 

 

US: CB Consumer Confidence Index improves to 131.6 in January from 128.2

Consumer confidence in the US improved in January with the Conference Board's Consumer Confidence Index rising to 131.6 from 128.2 in December (revise
Read more Previous

Trump warming up motors ahead of the Fed

US President Trump is on tweeter, ahead of the US Federal Reserve monthly meeting: “The Fed should get smart & lower the Rate to make our interest com
Read more Next