FX Strategists at UOB Group remarked the need of EUR/USD to surpass the 1.1180 region to allow for extra gains.
24-hour view: “EUR rose to 1.1174 yesterday, just a few pips below last month’s peak near 1.1180. The rapid retreat from the high has resulted in a loss in momentum. That said, it is too early to expect a significant pullback. The current movement is viewed as part of a consolidation phase. In other words, EUR is likely to trade sideways for today, expected to be within a 1.1125/1.1175 range”.
Next 1-3 weeks: “There is not much to add to the update from yesterday (31 Oct, spot at 1.1155). As highlighted, EUR has to punch through last month’s peak at 1.1179 or the current upward momentum could deteriorate quickly. Note that the positive phase in EUR that started earlier last month is in its fourth week now and if EUR were hover below the 1.1179 peak, the risk of a top would increase quickly. Looking ahead, a clear break of 1.1179 would increase the odds for a break of 1.1200 (the next resistance is at 1.1250). On the downside, only a move below 1.1090 (‘strong support’ level finally moved higher from 1.1070) would indicate that the current EUR strength has run its course”.
© 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.
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.