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
6 Mar 2020

EUR/USD picks up pace, now eyes 1.1330/70 – UOB

FX Strategists at UOB Group highlighted the upbeat mood in EUR/USD and noted it could visit 1.1330 and 1.1370 in the next weeks.

Key Quotes

24-hour view: “Our view that a ‘short-term top is in place’ was wrong as EUR not only broke above Tuesday’s peak of 1.1212 but also the late December top of 1.1239 (overnight high of 1.1244). While the rally is overbought, solid momentum could continue to carry EUR higher from here. That said, 1.1285 is a major level and is expected to offer solid resistance. Support is at 1.1185 but only a breach of 1.1155 would indicate that the current upward pressure has eased.”

Next 1-3 weeks: “We highlighted yesterday (05 Mar, spot at 1.1135) that ‘there is no change to our view even though shorter-term momentum is beginning to wane and unless EUR can move and stay above 1.1190 within these 1 to 2 days, the odds for a move to 1.1239 would diminish quickly’. EUR not only moved above 1.1190 but managed to crack 1.1239 as well (overnight high of 1.1244). Upward momentum is given a strong boost and from here, the next level to focus at is 1.1330 followed by 1.1370. On the downside, the ‘strong support’ has moved higher to 1.1100 from yesterday’s level of 1.1050.”

Mar 6, 2020

USD/CHF slips below 0.9400 mark for the first time since March 2018

The USD/CHF pair tumbled to fresh two-year lows in the last hour, with bears now looking to extend the momentum further below the 0.9400 round-figure
Read more Previous
Mar 6, 2020

EUR/USD: Euro’s rallying

The spread of the disease to NYC has had a profound impact on markets and the dollar's weakness has already sent EUR/USD to 1.1278, which is 501 pips
Read more Next