Confirming you are not from the U.S. or the Philippines

Dengan memberikan pernyataan ini, saya mengaku dan mengesahkan bahawa:
  • Saya bukan seorang warganegara atau pemastautin A.S.
  • Saya bukan warga Filipina
  • Saya tidak memiliki secara langsung atau tidak langsung lebih daripada 10% saham/hak mengundi/faedah pemastautin A.S. dan/atau di bawah kawalan warganegara atau pemastautin A.S. yang dilaksanakan dengan cara lain
  • Saya tidak berada di bawah pemilikan langsung atau tidak langsung lebih daripada 10% saham/hak mengundi/faedah dan/atau di bawah kawalan warganegara atau pemastautin A.S. yang dilaksanakan dengan cara lain
  • Saya tidak berafiliasi dengan warganegara atau pemastautin A.S. dalam terma Bahagian 1504(a) FATCA
  • Saya menyedari akan liabiliti saya kerana membuat pengakuan palsu.
Untuk tujuan pernyataan ini, semua negara dan wilayah bergantung A.S. adalah sama dengan wilayah utama A.S. Saya memberi komitmen untuk mempertahan dan tidak mempertanggungjawabkan Octa Markets Incorporates, pengarah dan pegawainya terhadap sebarang sebarang tuntutan yang timbul dari atau berkaitan dengan sebarang pelanggaran pernyataan saya ini.
Batal Sahkan
Kami berdedikasi terhadap privasi anda dan keselamatan maklumat peribadi anda. Kami hanya mengumpul e-mel untuk memberi tawaran istimewa dan maklumat penting tentang produk dan perkhidmatan kami. Dengan memberikan alamat e-mel anda, anda bersetuju untuk menerima surat sedemikian daripada kami. Jika anda ingin berhenti melanggan atau ada sebarang soalan atau masalah, tulis kepada Sokongan Pelanggan kami.
Sahkan
Octa trading broker Daftar Log masuk
Octa trading broker
Buka akaun dagangan
Berita dagangan
Back
6 Jun 2023

EUR/USD Price Analysis: Out of woods now as USD Index drops further, Eurozone Retail Sales eyed

  • EUR/USD has come out of the woods after the USD Index extends its downside.
  • Unlike US Manufacturing PMI, Services PMI has managed to maintain above the 50.0 threshold but landed lower at 50.3.
  • EUR/USD has delivered a breakout of the consolidation formed in a narrow range of 1.0707-1.0724.

The EUR/USD pair has delivered an upside break of the consolidation formed in a narrow range below 1.0730 in the Asian session. The major currency pair has got strength as the US Dollar Index (DXY) has shifted its auction below 104.00.

The USD Index is attracting offers after the release of the downbeat United States ISM Services PMI. Unlike Manufacturing PMI, Services PMI has managed to maintain above the 50.0 threshold but landed lower at 50.3 than the expectation of 51.5.

Meanwhile, the Euro is expected to show a power-pack action amid the release of the Eurozone Retail Sales data (April). Monthly data is seen expanding by 0.2% vs. a contraction of 1.2% recorded last month. Annual data is seen contracting by 1.8% against a contraction of 3.8%.

On Monday, while speaking at the Hearing before the Committee on Economic and Monetary Affairs (ECON) of the European Parliament in Brussels, European Central Bank (ECB) President Christine Lagarde reiterated that price pressure remains strong in the Euro area.

EUR/USD has delivered a breakout of the consolidation formed in a narrow range of 1.0707-1.0724 on an hourly scale. Earlier, the shared currency pair delivered a break above the downward-sloping trendline from May 16 high at 1.0904, which resulted in a bullish reversal.

The 20-period Exponential Moving Average (EMA) at 1.0714 is providing a cushion to the Euro bulls.

Adding to that, the Relative Strength Index (RSI) (14) has jumped into the bullish range of 60.00-80.00, indicating more upside ahead.

Going forward, a decisive break above May 30 high at 1.0746 will drive the asset towards June 02 high at 1.0779 followed by the round-level resistance at 1.0800.

In an alternate scenario, the downside move will resume if the shared currency pair drops below the June 05 low at 1.0675. This will drag the asset towards May 31 low at 1.0635 followed by March 03 low at 1.0588.

EUR/USD hourly chart

 

Jun 6, 2023

Gold Futures: Further gains spear unlikely

CME Group’s flash data for gold futures markets noted traders trimmed their open interest positions by around 1.2K contracts on Monday, extending furt
Baca lagi Previous
Jun 6, 2023

Australian Treasurer Chalmers: No expectation economy will head into recession

Following the Reserve Bank of Australia (RBA) surprise rate hike announcement, Australian Treasurer Jim Chalmers said at a press conference on Tuesday
Baca lagi Next