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

Open trading account

Trading news

Back

21 Feb 2020

AUD/USD Price Analysis: Refreshes multi-year low as Bears conquer 0.6600

AUD/USD drops to the fresh low since February 2009.
A six-week-old downward sloping trend line may offer a bounce below 0.6600.
Bearish MACD continues to counter oversold RSI conditions.

AUD/USD drops below 0.6600, low of 0.6596, during early Friday. In doing so the pair refreshes the 11-year low with the bearish MACD indicating further declines.

With that mind, highs marked during late-February 2009, near 0.6550/45 are likely nearby support ahead of highlighting a downward sloping trend line since January 07, at 0.6540.

Should there be a further weakness below 0.6540, 0.6500 round figure could flash on the chart.

Alternatively, if oversold RSI conditions could trigger a pullback, buyers will target February 07 low near 0.6660.

AUD/USD daily chart

Trend: Bearish

Feb 21, 2020

Breaking: AUD/USD prints fresh decade low below 0.66

AUD/USD pair dropped to 0.6598, the lowest level since 2009, soon before press time, taking the weekly loss to over 1.4%. The selling interest around

China’s CommerceMin: Accelerating plans for further measures to support firms and economy

A spokesman from China Commerce Ministry said on Friday that the government is accelerating plans for further measures to support firms and the econom