EUR/USD: Sustained gains likely above 1.0800 – UOB
22.03.2023, 07:02

EUR/USD: Sustained gains likely above 1.0800 – UOB

Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group suggest EUR/USD could extend gains once 1.0800 is cleared.

Key Quotes

24-hour view: “Yesterday, we highlighted that ‘there is room for EUR to rise to 1.0760 before a pullback is likely’. We added, ‘The major resistance at 1.0800 is unlikely to come into view’. The anticipated advance was stronger than expected as EUR soared to a high of 1.0788. While overbought, the rapid rise is not showing signs of weakness just yet. Today, EUR could rise above 1.0800 but it remains to be seen if it can maintain a foothold above this major resistance level (the next resistance is at 1.0850). Support is at 1.0745, a breach of 1.0720 would indicate that EUR is not advancing further.”

Next 1-3 weeks: “On Monday (20 Mar, spot at 1.0680), we indicated that EUR appears to be trading in a consolidation phase, likely in a broad range between 1.0600 and 1.0800. Yesterday (21 Mar, spot at 1.0720), we highlighted that ‘the firm short-term outlook suggest EUR is likely to test 1.0800 in the next few days’.  Upward momentum is beginning to improve but EUR has to break and stay above 1.0800 before a sustained rise is likely. The likelihood of EUR breaking clearly will remain intact as long as it stays above 1.0680 in the next couple of days. Looking ahead, the next resistance level above 1.0800 is at 1.0850.”

© 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