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
Trading news
Back
3 Mar 2020

NZD/USD Price Analysis: Kiwi bounces from 2020 lows as Fed surprises with 50bps cut

  • NZD/USD is rebounding from 2020 lows as the spot is challenging the 0.6330 resistance.
  • Fed cuts policy rate by 50 basis points to 1%-1.25% in an emergency move.
 
 

NZD/USD daily chart

 
Kiwi/Dollar is trading in a bear trend while bouncing from the 2020 lows as the quote is below the main SMAs. However, the USD selloff could lead to more gains especially on a break above the 0.6330 level which could lead to a potential advance towards the 0.6385 and 0.6450 levels. Support is seen near the 0.6250 level and the 0.6200 figure.
 

Additional key levels

 

Mar 3, 2020

WTI attempting a recovery above $ 47 amid risk-off, ahead of API

Amid broad risk aversion fuelled by the US Federal Reserve (Fed) surprise 50bps rate cut, WTI (oil futures on NYMEX) reverses the European rally to a
Read more Previous
Mar 3, 2020

US Pres. Trump says he expects $8.5B emergency coronavirus funding bill

US President Trump is back on the wires now, via Reuters, noting that he expects $8.5B emergency coronavirus funding bill. He added that he's working
Read more Next