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: Further gains remain in the pipeline

  • EUR/JPY the initial uptick to the area above the 132.00 mark.
  • Immediately to the upside is seen the 133.50 region.

EUR/JPY’s upside bias seems to have run out of steam soon after hitting new peaks near 132.20 during early trade at the beginning of the week.

In light of the recent price action, further recovery in the cross appears likely in the short-term horizon. Against this, further upside initially targets 132.53 (high November 4) followed by 132.91 (high October 29) and finally the October 2021 peak at 133.48 (October 20).

In the near term, extra upside looks likely above the 3-month support line, today near 130.80. In the longer run, and while above the 200-day SMA at 130.45, the outlook for EUR/JPY is expected to remain constructive.

EUR/JPY daily chart

 

Chile Trade Balance rose from previous $520M to $799M in January

Chile Trade Balance rose from previous $520M to $799M in January
Read more Previous

USD/IDR could extend the upside above 14,405 – UOB

In opinion of Quek Ser Leang at UOB Group’s Global Economics & Markets Research, USD/IDR could edge higher and surpass the 14,405 level. Key Quotes “A
Read more Next