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
14 Apr 2025

EUR/USD: Rally may take a pause – UOB Group

Rally may take a pause; Euro (EUR) is likely to trade between 1.1240 and 1.1415 vs US Dollar (USD). In the longer run, further EUR strength is not ruled out, but it may first range-trade for a couple of days. The next resistance is at 1.1500, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

The next resistance is at 1.1500

24-HOUR VIEW: "We pointed out last Friday that '1.1275 was the high in 2023.' We also pointed out that 'a break above 1.1275 could trigger a further rally' and 'the levels to monitor are 1.1350 and 1.1400.' The ensuing breakout above 1.1275 triggered a sharper than expected rally to 1.1473. EUR pulled back from the high to close at 1.1360, up by 1.46%. Given the pullback from deeply overbought territory, the rally may take a pause. Today, we expect EUR to trade between 1.1240 and 1.1415."

1-3 WEEKS VIEW: "Last Friday (11 Apr, spot at 1.1255), we indicate that EUR 'is likely to rally further, and the levels to monitor are 1.1400 and 1.1450. We did not expect EUR to surpassed both levels as quickly, as it jumped to a high of 1.1473. While further EUR strength is not ruled out, deeply overbought short-term conditions could lead to a couple of days of range-trading first. As long as 1.1180 (‘strong support’ level previously at 1.1070) is not breached, the EUR strength that started early this month could extend to 1.1500."

Apr 14, 2025

Silver price today: Silver broadly unchanged, according to FXStreet data

Silver prices (XAG/USD) broadly unchanged on Monday, according to FXStreet data.
Read more Previous
Apr 14, 2025

GBP: Macro back in focus this week – ING

Sterling rallied against the dollar but sold off against the euro last week, ING’s FX analyst Chris Turner notes.
Read more Next