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
Trading news
Back
13 Aug 2020

NZD/USD Price Analysis: Bears stacking their chips at critical support structures

The NZD/USD is under pressure on recent comments from the central bank's officials where a lower currency is their preference. 

  • RBNZ's Yuong Ha says the Bank would like a weaker NZD

The following 1-hour chart offers the downside support structure for which the price could find its sell testing following those bearish comments on a break of current support.

Meanwhile, the following is a top-down analysis of the market structure which favours a run to the downside should daily support give out.

Monthly chart

The monthly outlook is bearish as price struggles with the upside and an equal high/resistance level. 

A head and shoulders could be in the making. 

Weekly chart

The weekly chart has test the upside resistance and is now holding at support. 

The bears need to crack this support for a resumption to extend to the downside.

Daily chart

The daily chart completed and head and shoulder reversal pattern.

However, the support needs to give at this juncture or the upside has a chance to resume. 

On a break to the downside, however, the price will enter the barroom brawl and a retest of the prior support turned resistance could open the prospect of the downside playbook for the monthly head and shoulders targets. 

 

Aug 13, 2020

EUR/CHF Price Analysis: 200-day EMA restricts immediate downside

EUR/CHF prints 0.05% gains while portraying another bounce off 200-day EMA during the early Thursday. The pair currently trades near 1.0755, which in
Read more Previous
Aug 13, 2020

China extends anti-dumping tariff on Indian fibre optic product – Reuters

China’s Commerce Ministry said in a statement on Thursday, it is extending an anti-dumping tariff on a fiber optic product made in India, per Reuters.
Read more Next