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

Ao fornecer esta declaração, declaro e confirmo explicitamente que:
  • Não sou um cidadão nem residente nos EUA
  • Não sou residente nas Filipinas
  • Não possuo, direta ou indiretamente, mais de 10% de ações/direitos de voto/juros dos residentes dos EUA e/ou não controlo cidadãos ou residentes dos EUA por quaisquer outros meios
  • Não tenha propriedade, direta ou indireta, de mais de 10% de ações/direitos de voto/juros e/ou controlo cidadãos ou residentes dos EUA exercidos por outros meios
  • Não sou afiliado de cidadãos ou residentes dos EUA nos termos da Secção 1504(a) da FATCA
  • Tenho consciência da minha responsabilidade por prestar declarações falsas.
Para efeitos da presente declaração, todos os países e territórios dependentes dos EUA são equiparados de igual modo ao território principal dos EUA. Comprometo-me a defender e a considerar isenta a Octa Markets Incorporated, os seus diretores e oficiais relativamente a quaisquer reivindicações que surjam ou estejam relacionadas com qualquer violação da minha declaração no presente documento.
Cancelar Confirmar
Dedicamo-nos à sua privacidade e à segurança das suas informações pessoais. Coletamos e-mails apenas para fornecer ofertas especiais e informações importantes sobre nossos produtos e serviços. Ao enviar seu endereço de e-mail, você concorda em receber nossas cartas. Se desejar cancelar a assinatura ou tiver alguma dúvida ou preocupação, entre em contato com o nosso Suporte ao Cliente.
Confirmar
Octa trading broker Cadastrar Entrar
Notícias de trading
Back
29 Dec 2023

USD/CAD Price Analysis: Extends recovery to near 1.3250

  • USD/CAD rebounds to near 1.3250 after a consolidation breakout.
  • The USD Index has climbed to near 101.35 while the broader bias is still downbeat.
  • A mean-reversion move to near the 20-EMA is highly likely.

The USD/CAD pair climbs to near 1.3250 after delivering a decisive break of the consolidation formed in a range of 1.3180-1.3230 from Wednesday. The Loonie asset jumps as the US Dollar Index (DXY) has recovered further and the oil price has been hit due to resumption of commercial shipment from the Red Sea route.

The oil price has been corrected almost 6% from three-week high of $76.00 as oil supply will improve ahead. It is worth noting that Canada is the leading exporter of oil to the United States and lower oil prices impact the Canadian Dollar.

Meanwhile, the recovery in the USD Index has been extended to 101.35. Investors hope that market reaction to expectations of rate cuts by the Federal Reserve (Fed) from March 2024 is overwhelming than anticipated. In spite of a swift recovery attempt, the USD Index is expected to end 2023 with significant losses.

USD/CAD has been falling since the first day of November and is expected to decline further towards June 27 low, which is around 1.3117. However, a mean-reversion move to near the downward-sloping 20-day Exponential Moving Average (EMA) around 1.3377 is highly likely.

The Relative Strength Index (RSI) (14) hovers in the bearish range of 20.00-40.00, which indicates downside momentum is intact.

Going forward, a breakdown below December 28 low of 1.3180 would expose the asset to July 25 low near 1.3150, followed by July 13 low around 1.3193.

In an alternate scenario, a recovery move above April 14 low around 1.3300 would drive the asset towards December 21 high at 1.3370. A breach of the latter would push the Loonie asset towards May 16 low at 1.3404.

USD/CAD daily chart

 

Dec 29, 2023

USD/JPY ticks higher on a light trading season and approaches 142.00

The US Dollar is attempting to extend its rebound from Thursday´s lows, yet with the pair still capped below previous support at 141.90, which leaves the 140.00 level on the bear´s focus.
Leia mais Previous
Dec 29, 2023

Greece Producer Price Index (YoY) up to -8.9% in November from previous -13.5%

Greece Producer Price Index (YoY) up to -8.9% in November from previous -13.5%
Leia mais Next