USD/JPY: Is set to be rangebound between 159.40 and 161.80 – UOB Group
08.07.2024, 09:09

USD/JPY: Is set to be rangebound between 159.40 and 161.80 – UOB Group

The US Dollar (USD) could drop further to 160.20 before stabilisation can be expected. USD strength from the middle of last month has come to an end, and for the time being, the pair is likely to trade in a 159.40/161.80 range, UOB Group analysts note.

USD/JPY may drop to 160.20

24-HOUR VIEW: “Last Friday, we expected USD to trade in a 160.80/161.80 range. Our view was incorrect, as USD fell to a low of 160.33 before rebounding to close at 160.72 (-0.33%). Despite the rebound, the weakness in USD has not stabilised. Today, provided that USD remains below 161.15 (minor resistance is at 160.95), USD could drop further to 160.20 before stabilisation can be expected.”

1-3 WEEKS VIEW: ” We noted last Thursday (04 Jul, spot at 161.45) that ‘upward momentum is beginning to slow, but only a breach of 160.45 would suggest that USD is not strengthening further.’ On Friday, USD fell to a low of 160.33. The breach of our ‘strong support’ level of 160.45 indicates that the USD strength from the middle of last month has come to an end. The current price movements are likely part of a range trading phase. For the time being, USD is likely to trade between 159.40 and 161.80.”

© 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