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
5 Feb 2020

EUR/USD could attempt some consolidation – UOB

According to FX Strategists at UOB Group, EUR/USD could likely move into a consolidative phase unless it resumes the upside in the near-term.

Key Quotes

24-hour view: “In line with our expectation, EUR traded sideways yesterday even though the registered range of 1.1031/1.1064 is narrower than our expected range of 1.1035/1.1085. Momentum indicators are still mostly neutral and the current movement is still viewed as part of a consolidation phase. In other words, we continue to expect EUR to trade sideways, likely between 1.1030 and 1.1070.”

Next 1-3 weeks: “EUR dropped to a low of 1.1031 before ending the day on a soft note at 1.1042 (-0.14%). The pick-up in momentum from last Friday’s (31 Jan) strong surge to 1.1096 has eased considerably. From here, unless EUR recover above 1.1070 within these 1 to 2 days, a breach of 1.1015 (no change in ‘strong support’ level) would indicate that our view from Monday (03 Feb, spot at 1.1090) for the rebound in EUR to extend further is premature. To put it another way, unless EUR recover soon, the current price action looks more akin to be part of a consolidation phase instead of a strong rebound.”

Feb 5, 2020

USD/JPY retreats from near 2-week tops, still comfortable above 109.00 mark

The USD/JPY pair edged lower on Wednesday and is currently placed near the lower end of its daily trading range, around the 109.35-30 region. The pair
Read more Previous
Feb 5, 2020

Moody’s: India’s growth projections appear ambitious, USD/INR keeps highs

In its latest report, the US-based Moody's Investors Service said that India’s growth projections appear ambitious amid concerns over the country’s fi
Read more Next