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
3 Feb 2022

USD/CAD Price Analysis: Bulls are firming up at a critical support area

  • USD/CAD bulls are still holding the fort as the week progresses. 
  • The bulls will want to get over 1.2710 for prospects of 1.2850 as an objective. 

As per the prior session's analysis, USD/CAD Price Analysis: Bulls are holding the fort at daily support, the bulls have indeed blockaded the fort and the price is up on yesterday's close. The interested and prospective bidders will be monitoring for price action developments over the coming sessions for a bullish structure from which to engage.

USD/CAD prior analysis

The prior analysis addressed the price action in meeting the 50% mean reversion of late January's rally and for how the price was homing in on the 61.8% Fibonacci retracement target near 1.2650. This level was subsequently met during Wednesday's New York open:

USD/CAD live market

USD/CAD H4 chart

The bulls will want to get over 1.2710 and for the price to hold above it for prospects of a break of the counter-trendline resistance and onto the 1.28 area with 1.2850 as an objective. 

Feb 3, 2022

New Zealand ANZ Commodity Price increased to 1% in January from previous -0.2%

New Zealand ANZ Commodity Price increased to 1% in January from previous -0.2%
Read more Previous
Feb 3, 2022

USD/JPY prints five-day downtrend above 114.00 on sour sentiment, yields, inflation eyed

USD/JPY takes offers to refresh intraday low around 114.35 during the consecutive fifth day of downside as markets in Tokyo open for Thursday’s tradin
Read more Next