USD/JPY advance to test 151.20 – UOB Group
03.03.2025, 11:16

USD/JPY advance to test 151.20 – UOB Group

Chance for overbought US Dollar (USD) advance to test 151.20 vs Japanese Yen (JPY); a sustained rise above this level is unlikely. In the longer run, downward momentum has faded; current price movements are likely part of a rebound that could potentially reach 151.90, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.  

Downward momentum has faded

24-HOUR VIEW: "We did not expect USD to rise sharply to 150.98 last Friday; we were expecting range trading. Although overbought, strong momentum suggests there is a chance for USD to test 151.20. A breach of this resistance is not ruled out, but a sustained rise above this level is unlikely. The major resistance at 151.90 is also unlikely to come into view today. To sustain the overbought momentum, USD must remain above 150.05, with minor support at 150.40." 

1-3 WEEKS VIEW: "After maintaining a negative USD view since the middle of Feb (see annotations in the chart below), we cautioned last Friday (28 Feb, spot at 149.60) that 'downward momentum is slowing.' We added, 'if USD breaks above 150.20 (‘strong resistance’ level), it would mean that the weakness has stabilised.' That said, we did not expect the strong rise in USD that sent it to a high of 150.98. Not only has downward momentum faded, but upward momentum has increased somewhat. We view the current price movement as part of a rebound that could potentially reach 151.90. On the downside, should USD breach the ‘strong support’ level, currently at 149.45, it would suggest that it is likely to trade in a range instead of rebounding further."

© 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