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

Silver Price Analysis: XAG/USD decimated, trading into 11-year lows near 13.00 figure

  • XAG/USD is trading at its lowest since 2009.
  • The level to beat for sellers is the 12.00 support.
 

Silver daily chart

 
XAG/USD fell dramatically sending the metal to its lowest since 2009. The market is currently bouncing slightly near the 13.00 figure however, XAG/USD remains vulnerable to further selling. Despite the 100bps cut from the Fed, the metal can't find any traction.
  

Silver four-hour chart

 
Silver is trading well below the main SMAs as sellers remain in full control. A break below the 12.00 figure can spark deeper losses towards the 11.00 and 10.00 price levels. Conversely, resistance is seen near the 13.50, 14.00 and 15.50 levels.
 
 
Resistance: 17.52, 17.80, 18.25
Support: 16.40, 16.10, 15.90
 

Additional key levels

 

 
 
 

EUR/PLN: Break higher towards 4.504 – Rabobank

Poland is an economy that relies both on the external and domestic demand. Analysts at Rabobank forecast the EUR/PLN pair heading to the next major re
Read more Previous

EU's von der Leyen: Introducing restrictions on non-essential travel to EU for 30 days

The European Commission (EC) will introduce restrictions on non-essential travel to the European Union for 30 days, EC President Ursula von der Leyen
Read more Next