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

EUR/JPY Price Analysis: Decent support emerged around 125.00

  • EUR/JPY manages to bounce off recent lows near 125.00.
  • Next on the upside appears the 2021 high in the mid-127.00s.

The resumption of the upside bias allows for extra gains in EUR/JPY the near-term with the next target at the YTD peaks in the 127.50 region. On the opposite side, if sellers regain control of the market, then a move below the 125.00 area should not be ruled out.

A breakdown of this region should expose the 100-day SMA at 124.75 ahead of the Fibo retracement (of the October-January rally) at 124.55.

Looking at the broader picture, while above the 200-day SMA at 122.76 the outlook for the cross should remain constructive.

EUR/JPY daily chart

 

S&P 500 Index to go through further near-term consolidation – Credit Suisse

The S&P 500 Index has scope to see further near-term consolidation but with the broader trend still leans higher for an eventual move to 3900, the Cre
Read more Previous

US: Yellen's dollar policy to rock the greenback

Former Federal Reserve Chair Janet Yellen is set to testify in Congress as part of her confirmation hearings for Treasury Secretary. According to FXSt
Read more Next