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.
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.
Octa trading broker
Buka akaun dagangan
Back

EUR/JPY Price Analysis: More gains in pipeline above 145.00 amid dovish BoJ minutes

  • EUR/JPY is facing hurdles in extending its recovery move above 144.40, upside bias still intact.
  • Hawkish ECB bets have supported the Euro amid an absence of contagion effects in the European banking sector.
  • The RSI (14) is on the verge of shifting into the bullish range of 60.00-80.00.

The EUR/JPY pair is struggling to extend its gains above the immediate resistance of 144.40 in the Asian session. The cross is expected to extend its upside journey as the release of the dovish Bank of Japan (BoJ) minutes has impacted the Japanese Yen.

Ex-BoJ Governor Haruhiko Kuroda maintained its expansionary stance on monetary policy in order to stabilize inflation above the 2% target for a sustained period. Japan’s domestic demand has not picked up yet and wages are still vulnerable to trigger price pressures.

On the Eurozone front, the European Central Bank (ECB) is expected to continue its 50 basis points (bps) interest rate hike spell as inflation has spiked again and restrictive monetary policy could support in taming the persistent inflation.

Economists at Commerzbank are of the view that “From the market’s point of view, the ECB has suddenly become one of the most hawkish central banks, which might support the Euro as long as there are no contagion effects in the European banking sector.”

A V-shape recovery demonstrated by EUR/JPY on March 13 low at 141.37 amid hawkish ECB bets has pushed it back into the long consolidation formed on an hourly scale. The consolidation has formed in a wide range of 143.87-145.57 and a break into the same indicates solid strength in the Euro bulls.

The 20-period Exponential Moving Average (EMA) at 143.93 would continue to provide a cushion to the Euro.

Meanwhile, the Relative Strength Index (RSI) (14) is on the verge of shifting into the bullish range of 60.00-80.00. An occurrence of the same would trigger the upside momentum.

Going forward, an upside move above the round-level barricade of 145.00 will drive the cross toward March 02 high at 145.57, followed by November 23 high at 146.14.

On the flip side, a downside move below March 14 low at 142.53 would negate the bullish reversal and will expose the cross to February 24 low at 142.13. A slippage below the latter would further drag the asset toward March 13 low at 141.37.

EUR/JPY hourly chart

 

GBP/USD dribbles around mid-1.2100s as UK Budget, US Retail Sales loom

GBP/USD portrays the typical pre-data anxiety as it seesaws around 1.2150-60 during early Wednesday. That said, the Cable pair traders await the key U
Baca lagi Previous

NZD/USD looks comfortable above 0.6200 amid softer US Dollar

NZD/USD is keeping its bullish momentum intact after hitting the low near0.6220 level. The NZD/USD advance comes on the back of US Dollar weakness ami
Baca lagi Next