EUR/USD: Selling pressure seen alleviated above 1.0620 – UOB By pabspiovano EURUSD Currencies Majors Banks
24-hour view: “Yesterday, we expected EUR to ‘consolidate and trade within a range of 1.0510/1.0610’. EUR subsequently traded within a narrower range than expected . Despite the relatively quiet price actions, the underlying tone appears to have weakened. For today, EUR could edge lower but any weakness is expected to encounter support at 1.0500. The major support at 1.0470 is unlikely to come under threat. Resistance is at 1.0560 followed by 1.0585.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
USD/MYR could extend the uptrend beyond 4.40 – UOBAccording to Quek Ser Leang at UOB Group’s Global Economics & Markets Research, further upside in USD/MYR could see the 4.40 level retested in the nea
Baca lebih lajut »
GBP/USD faces the next support at 1.2250 – UOBFurther downside momentum could drag cable to the mid-1.2200s in the near term, suggested UOB Group’s FX Strategists Lee Sue Ann and Quek Ser Leang. K
Baca lebih lajut »
USD/CNH: Scope for a test of 6.8000 – UOBUSD/CNH could now attempt a visit to the 6.8000 level in the next weeks, commented FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang. Key Quo
Baca lebih lajut »
South Korea: Another rate hike in the pipeline? – UOBEconomist at UOB Group Ho Woei Chen, CFA, comments on the potential move on rates by the Bank of Korea later in the month. Key Takeaways “South Korea’
Baca lebih lajut »
EUR/USD Price Analysis: redistribution taking shape?As per the prior analysis, EUR/USD Price Analysis: Accumulation kicking in, or just a respite on the way to test 1.0340, EUR/USD remains in a consolid
Baca lebih lajut »
EUR/USD steadies below 1.0600 despite USD retreat ahead of German ZEW, US inflationEUR/USD steadies below 1.0600 despite DXY’s retreat ahead of US inflation, German ZEW Survey eyed too By anilpanchal7 EURUSD Inflation RiskAppetite Fed ECB
Baca lebih lajut »