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

AUD/USD to challenge key support at 0.7418 – Credit Suisse

AUD/USD recovered slightly on Monday, but remains capped below the 200-day average at 0.7557 – let alone the “neckline” to the large top at 0.7587. Analysts at Credit Suisse look for a renewed turn back lower.

Close back above 0.7623 would neutralise the bearish view

“The aussie maintains its weekly close below the key band of support including the 200-day average at 0.7555/31. This completed a major top to reverse us into a medium term bearish view, with the next initial support seen at 0.7477/61, below which would complete a fresh intraday bearish continuation pattern to open up the 23.6% retracement of the entire upmove from 2020 at 0.7418 next. It’s worth noting that there is a dearth of meaningful support below here, with the “measured top objective” seen all the way down at 0.7085/43.” 

“First short-term resistance moves to the breakdown point at 0.7547/62. Above here would trigger a small intraday base to suggest a corrective move back higher, with the next level at 0.7587/92, then at most 0.7622/ 23, where we’d look for a cap.”

 

EU’s McGuinness: UK assessment to resume

With looming Brexit risks, the European Union (EU) Financial Services Chief Mairead McGuinness said that “after a regulatory forum in place, EU will c
Read more Previous

EUR/USD to extend its decline towards the 1.1760 mark – Credit Suisse

EUR/USD strength stays seen as temporary ahead of a test of its uptrend from last year and 78.6% retracement of the March/May rally at 1.1833/23. Whil
Read more Next