Further gains appear on the cards once EUR/USD surpasses the 1.0930 level, suggest UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia.
24-hour view: “We expected EUR to decline further but we were of the view that ‘the major support at 1.0755 is unlikely to come under threat’. EUR dropped to 1.0786 in Asian trade and then snapped back up and soared to a high of 1.0916. The rapid advance has scope to rise above the major resistance at 1.0930. In view of the overbought conditions, EUR might not be able to hold above this level. The next resistance at 1.0970 is unlikely to come under threat. Support is at 1.0875, followed by 1.0840.”
Next 1-3 weeks: “Our view from yesterday (03 Apr, spot at 1.0815) wherein ‘the corrective pullback could extend to 1.0755’ was proven incorrect quickly as EUR snapped higher and took out our ‘strong resistance’ level of 1.0890. Despite the rapid rise, it is too early to tell if the recent EUR strength has resumed. EUR has to break and stay above 1.0930 before a sustained advance is likely. The likelihood of a clear break above 1.0930 will remain intact as long as EUR stays above 1.0800 in the next few days. Looking ahead, the resistance levels above 1.0930 are at 1.0970 and 1.1035.”
© 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.