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
Test

Important information

By using this website, you confirm you are not a resident of the European Union, the United States of America, the United Kingdom, Iran, Myanmar, North Korea, Norway, Iceland, Switzerland, Liechtenstein, and the Philippines or accessing it from these jurisdictions. We assume no liability for the consequences of non-compliance with local laws.

Trading news
Back
28 Jul 2020

GBP/USD Price Analysis: Consolidates below 1.2900 amid overbought RSI

  • GBP/USD eases from 4.5-month high flashed the previous day.
  • Overbought RSI conditions, nearby resistance line favor sellers.
  • A confluence of 200-day SMA, 61.8% Fibonacci retracement is the key support.

GBP/USD recedes to 1.2880 during the initial hour of Tokyo open on Tuesday. The Cable refreshed the highest levels since March 11 on Monday. Though, overbought RSI conditions and an upward sloping trend line from March 13 seem to back the latest range between 1.2867 and 1.2902.

During the pair’s further weakness, which is more likely, 61.8% Fibonacci retracement of December 2019 to March 2020 fall and 200-day SMA, around 1.2705-15, will offer strong support. It’s worth mentioning that June month’s top near 1.2815 can act as an immediate rest-point for the pair.

Should the bears refrain from respecting 1.2700 support, 50% Fibonacci retracement level of 1.2466 and the monthly bottom around 1.2360 can entertain the bears while targeting June 29 bottom close to 1.2250.

Meanwhile, an upside clearance of 1.2915 resistance line will be a clear signal to attack 1.3000 threshold with February 13 high of 1.3069 and March month’s peak surrounding 1.3200 be the next on the bulls’ radar.

GBP/USD daily chart

Trend: Pullback expected

 

Jul 28, 2020

The US Mint says it has reduced gold and silver coin supplies to purchasers - Bloomberg

Bloomberg has reported that the US Mint says it has reduced gold and silver coin supplies to purchasers. Gold is printing fresh highs of $1,967 up 1%
Read more Previous
Jul 28, 2020

Fed's balance sheet could top $20 trillion within a decade - Deutsche Bank

Analysts at Deutsche Bank think the Federal Reserve's balance sheet may expand to over $20 trillion in less than a decade as the central bank may need
Read more Next