USD/JPY faces some near-term consolidation – UOB
05.12.2022, 08:28

USD/JPY faces some near-term consolidation – UOB

According to Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group, USD/JPY could attempt some consolidation in the very near term ahead of the probable resumption of the downside.

Key Quotes

24-hour view: “Last Friday, we highlighted that ‘While further weakness is not ruled out, the massive drop over the past couple of days is overextended and it remains to be seen if USD could challenge the next support at 134.00’. USD subsequently plummeted to 133.60, rebounded to 135.97 before dropping back down to close at 134.30 (-0.72%). Downward pressure appears to have eased somewhat and this combined with oversold conditions suggests USD is unlikely to weaken further. Today, USD is more likely to trade sideways between 133.80 and 135.65.”

Next 1-3 weeks: “Last Friday (01 Dec, spot at 137.20), we highlighted that downward momentum is still strong but it is left to be seen if USD can maintain the frenetic pace of decline. We indicated, the next level to watch is at 134.00. USD subsequently plummeted to 133.60 before rebounding. Further USD still appears likely even though oversold short-term conditions could lead to 1-2 days of consolidation first. The next level to monitor is at 133.00. On the upside, a breach of 136.70 (‘strong resistance’ level was at 137.05 last Friday) would indicate that the weakness in USD that started late last month has stabilized.”

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik