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
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
1 Feb 2022

USD/CAD Price Analysis: Bulls are holding the fort at daily support

  • USD/CAD bulls could be about to step in again at critical support.
  • The 61.8% golden ratio is in view near 1.2650.

As per the prior analysis, USD/CAD Price Analysis: Bears have eyes on 61.8% golden ratio, the bears sank their teeth into the bullish rally and hit the 61.8% target. Since then, the bears gave way to the bulls and a fresh corrective high has been scored. This leaves prospects for a fresh surge to the upside depending on a number of conditions, as illustrated in the analysis below. 

USD/CAD, prior analysis

The W-formation's neckline near the 61.8% Fibonacci level was a target area for the imbalance in price which has since been mitigated as follows:

As illustrated, the price tested the area near the neckline and rallied to score a fresh recovery high. The pair is now correcting that rally and is on the verge of making another 61.8% ratio retracement towards 1.2650. If this zone holds, then there will be prospects for an upside extension in the coming days. 

Feb 1, 2022

AUD/JPY reverses to upper 81.00s from earlier post-RBA sub-81.00 session lows

AUD/JPY has reversed sharply higher from its post-RBA lows beneath the 81.00 level to trade in the 81.75 area, up roughly 0.5% on the day. The central
Read more Previous
Feb 1, 2022

United States API Weekly Crude Oil Stock: -1.645M (January 28) vs previous -0.872M

United States API Weekly Crude Oil Stock: -1.645M (January 28) vs previous -0.872M
Read more Next