The prospects for further gains in USD/CNH appear unchanged while the pair trades above the 6.8700 level, suggest Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group.
24-hour view: “Yesterday, we held the view that ‘there is room for USD to break above 6.9000 but the next major resistance level at 6.9300 is unlikely to come under threat’. Our view was not wrong as USD rose to 6.9080. Despite the advance, upward momentum has not improved much. Today, USD could edge higher to 6.9150; the major resistance at 6.9300 is still unlikely to come under threat. Support is at 6.8990, followed by 6.8910.”
Next 1-3 weeks: “We have held a positive USD view since early this month. In our latest narrative from yesterday (22 Feb, spot at 6.8920), we indicated that if USD were to break above 6.9000, the next level to monitor is at 6.9300. While USD took out 6.9000 as expected (high of 6.9080), upward momentum has not improved much. That said, the USD strength is intact as long as it stays above 6.8700 (‘strong support’ level previously at 6.8480). Looking ahead, a breach of 6.9300 will shift the focus to 6.9500.”
© 2000-2025. 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.
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.
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.