EUR/USD now faces some consolidation – UOB – by pabspiovano EURUSD Currencies Majors Banks
24-hour view: “EUR traded between 1.0666 and 1.0739 yesterday before closing little changed at 1.0697 . The price movements are likely part of a consolidation phase and EUR could continue to trade in a range. Expected range for today, 1.0670/1.0740.”
Next 1-3 weeks: “After dropping to a low of 1.0633 last week, EUR rebounded to 1.0778 and it has since traded between the two levels. The price movements appear to be part of a consolidation and EUR could trade between 1.0635 and 1.0785 for a while more.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
EUR/USD faces stiff barricades around 1.0700 due to weak Eurozone economic outlookThe EUR/USD pair has witnessed some selling interest after facing stiff barricades around 1.0700 in the early European session. The major currency pai
Baca lebih lajut »
EUR/USD Forex Signal: Choppy ConditionsMy previous EUR/USD signal on 25th May produced a profitable long trade from the bullish bounce at the support level which I had identified at $1.0707.
Baca lebih lajut »
EUR/USD treads water just above 1.0700 ahead of data, ECBThe single currency alternates gains with losses vs. the greenback and motivates EUR/USD to gyrate without a clear direction just above the 1.0700 yar
Baca lebih lajut »
EUR/USD to linger around 1.07 due to a lack of clear momentum – CommerzbankAntje Praefcke, FX Analyst at Commerzbank, discusses EUR/USD outlook. Not the time for new positions There is uncertainty as to what the Fed will do a
Baca lebih lajut »
EUR/USD may trade well within a 1.0680-1.0780 range into tomorrow's BoC meeting – INGEconomists at ING analyze EUR/USD outlook. May be too early to expect EUR/USD to add to yesterday's gains With US two-year yields holding onto around
Baca lebih lajut »
EUR/USD to see one more down leg on failure to surpass 1.0860/1.0900 – SocGenEconomists at Société Générale analyze EUR/USD technical outlook. Upside capped at 1.0860/1.0900 The pair has formed an interim trough near 1.0630. An
Baca lebih lajut »