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
19 Mar 2013

Forex: EUR/JPY limited below 124.00 and 50% Fibo

FXstreet.com (Barcelona) - EUR/JPY is last at 123.44, off yesterday's fresh 7-day lows at 121.55, following news on Cyprus bail-out, that would imply a levy on bank depositors, a measure markets in general didn't like as risk of contagion might spread across EZ periphery troubled countries as possible next targets. The cross printed an intraday double low around the mentioned lows level and recovered circa 50% Fibo retrace of latest leg down 126/121.5 at 123.80, printing weekly highs so far at 123.95, still unable to fill the weekly opening gap.

“EUR/JPY was the big mover yesterday, collapsing from 125.50 to 121.50 in early interbank trade but then recovering once the European trading session got underway,” said FXWW founder Sean Lee, adding: “It seems that they were much more prepared for the Cyprus news than the Asian market was, and probably felt that the market overreacted. The bottom of the previous holding channel at 124.00 provides initial resistance whilst support is to be found at yesterday’s intraday highs near 122.70,” the analyst concludes.

Immediate resistance to the upside for EUR/JPY shows at mentioned daily highs/Fibo level 123.80/90, followed by March 14 lows at 124.00, and March 12/15 lows/61.8% Fibo of same leg down at 124.20/30. To the downside, closest support lies at NY session lows 122.80, followed by Feb 21 lows/March 01 highs at 122.22, and yesterday's weekly and 7-day lows at 121.50.
Mar 19, 2013

Deposit tax may exempt Cypriot savers under €20,000

According to Nick Malkoutzis, deputy editor of Greece's daily English language newspaper, Kathimerin, "Cyprus state TV (RIK) reports revised deposit tax would exempt savers with deposits under €20,000..." Story developing.
Read more Previous
Mar 19, 2013

Forex Flash: USD/CAD should be limited by high 1.01/low 1.02 - TDS

The double topside rejection at 1.0340 and the loss of short-term support and the double top neckline trigger at 1.0257 clearly puts a softer spin on the charts for USD/CAD, says Shaun Osborne, Chief FX Strategist at TD Securities.
Read more Next