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
3 Aug 2021

AUD/NZD Price Analysis: Bears in control ahead of RBA

  • AUD/NZD traders are attacking the daily and 4-hour support. 
  • The RBA is on the cards for later today as a major risk event.  

AUD/NZD is under pressure ahead of the Reserve Bank of Australia today. 

From a technical perspective, there are prospects of a downside continuation and the following illustrates this in regard to the market structure on both the daily and 4-hour time frames:

Daily chart

The daily chart is showing that the price has corrected a significant portion of the bearish impulse. 

At this juncture, there are expectations of an onward move to the downside to break into fresh territories. 

4-hour chart

From a 4-hour perspective, the bears are taking on support in 1.540 which could equate to a sell-off from the prior structure.

Or, the more conservative bears will want to see a break of support in 1.0540 before committing:

Aug 3, 2021

GBP/USD Price Analysis: 100-day EMA defends bulls around 1.3900

Having portrayed a two-day pullback from the highest levels since late June, GBP/USD licks its wounds around 1.3890 amid Tuesday’s Asian session. In d
Read more Previous
Aug 3, 2021

Ireland Purchasing Manager Index Manufacturing dipped from previous 64 to 63.3 in July

Ireland Purchasing Manager Index Manufacturing dipped from previous 64 to 63.3 in July
Read more Next