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.
Back

EUR/USD Price Analysis: Further upside now looks to 1.1830

  • EUR/USD regains buying interest in the vicinity of 1.1700.
  • Extra gains now target the area of recent peaks around 1.1830.

EUR/USD trades at shouting distance from the key barrier at 1.18 the figure following a recent drop to the 1.1690/80 band, where some solid contention seems to have turned up.

If the buying impetus picks up pace, then the pair should look to the minor hurdle at the 55-day SMA (1.1795) ahead of the more relevant resistance in monthly tops at 1.1830 (October 9).

Looking at the broader scenario, the bullish view on EUR/USD is expected to remain unchanged as long as the pair trades above the critical 200-day SMA, today at 1.1283.

EUR/USD daily chart

 

US Dollar Index Price Analysis: Next stop on the downside is at 93.00

Following another failure at the tough 6-month resistance line in the 93.80/90 band, DXY sparks a correction lower to the 93.20 region so far, or new
Read more Previous

US Elections: President Trump victory with a split Congress, the most positive outcome for financial markets – HSBC

The US Election season is now well underway, with Congressional and Presidential elections set for November 3. Strategists at HSBC believe there are t
Read more Next