AUD/USD rebound expected to move near 0.6830 – UOB
05.09.2019, 08:09

AUD/USD rebound expected to move near 0.6830 – UOB

FX Strategists at UOB Group suggest the corrective recovery in AUD/USD has scope to move near the 0.6830 area.

  • "24-hour view: Our view yesterday was AUD “could advance further but expect strong resistance at 0.6800”. The expectation was not wrong as AUD touched 0.6801 before settling just below the high (closed at 0.6797). While the strong advance over the past two days appears to be ‘tiring’, there is room for AUD to edge higher from here. That said, a break of the solid 0.6825 resistance is unlikely. Support is at 0.6780 followed by 0.6760.
  • Next 1-3 weeks: We detected the weakened underlying tone… and cautioned that “only a NY closing below 0.6690 would suggest AUD could move to 0.6640”. AUD subsequently touched 0.6688 before soaring to end the day sharply higher at 0.6763 (+0.69%). The strong gain (largest 1-day rise in 3 weeks) coupled with the bounce from the strong 0.6690 level suggest AUD could be trying to form a bottom. That said, it is too early to expect a sustained up-move. For now, we view the price action as a ‘corrective rebound’ but there appears to be ample scope for AUD to test the strong 0.6825 resistance. Looking forward, if AUD were to register a NY close above 0.6850, it would indicate that last month’s low of 0.6678 is a more significant bottom than currently expected."

© 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