Brief advance did not result in a significant increase in momentum; Euro (EUR) is expected to trade in a 1.0465/1.0515 range vs US Dollar (USD). In the longer run, unless EUR breaks and holds above 1.0530 soon, the likelihood of it rising further will diminish, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
24-HOUR VIEW: " Following EUR’s rise to 1.0519 on Tuesday, we indicated yesterday that, 'while there is a chance for EUR to rise above the major resistance at 1.0530, it is unclear whether it can maintain a foothold above this level.' We pointed out, 'the next major at 1.0560 is unlikely to come into view.' The subsequent price movements did not quite turn out as we expected. EUR popped to a high of 1.0528 and then pulled back to close at 1.0483, lower by 0.29%. The brief advance did not result in a significant increase in momentum. Today, we expect EUR to trade in a range, likely between 1.0465 and 1.0515."
1-3 WEEKS VIEW: "Two days ago (25 Feb, spot at 1.0460), we noted that 'upward momentum has slowed somewhat.' However, we highlighted that 'only a breach of 1.0425 (‘strong support’ level) would indicate that EUR is not ready to rise above 1.0530.' Yesterday, EUR tested the 1.0530 level for the second time this week, rising briefly to 1.0528. Upward momentum is continuing to slow. Unless EUR breaks and holds above 1.0530 within these 1-2 days, the likelihood of it rising further will diminish. Conversely, a breach of 1.0440 (‘strong support’ previously at 1.0425) would suggest that EUR has entered a range trading phase."
© 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.