NZD/USD: Upside pressure alleviated below 0.6285
18.07.2023, 07:42

NZD/USD: Upside pressure alleviated below 0.6285

NZD/USD could see its bid bias losing traction on a close below the 0.6285 level, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang.

Key Quotes

 

24-hour view: We expected NZD to consolidate and trade between 0.6330 and 0.6400 yesterday. However, NZD dipped briefly to 0.6309 before closing on a soft note at 0.6326 (-0.68%). The underlying tone has softened, but while NZD is likely to edge lower today, it is unlikely to threaten the strong support at 0.6285. On the upside, if NZD breaks above 0.6355 (minor resistance is at 0.6340), it would suggest the current mild downward pressure has faded. 

 

Next 1-3 weeks: Last Thursday (13 Jul), when NZD was trading at 0.6300, we highlighted that “the risk for NZD has shifted to the upside towards 0.6385.” After NZD soared, we highlighted on Friday (14 Jul, spot at 0.6385) that “the risk for NZD remains on the upside and the levels to watch are 0.6445 and 0.6495.” NZD has not been able to build on its momentum. as it pulled back from a high of 0.6412. The pullback has diminished the likelihood of NZD rising to 0.6445 and 0.6495. However, only a breach of 0.6285 (no change in ‘strong support’ level) would suggest that the current upward pressure has fizzled out.

© 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.

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