NZD/USD: Set to test the 0.5900 level – UOB Group
25.07.2024, 08:50

NZD/USD: Set to test the 0.5900 level – UOB Group

As long as 0.5950 is not breached, the New Zealand Dollar (NZD) could test the 0.5900 level before the risk of a rebound increases, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.

NZD moves towards 0.5900

24-HOUR VIEW: “When NZD was trading at 0.5950 yesterday, we stated that ‘as long as 0.5980 is not breached, NZD could weaken further.’ We added, ‘given the oversold conditions, the significant support level at 0.5900 is highly unlikely to come under threat.’ Our view was correct, as NZD fell to a low of 0.5914. Downward momentum has slowed to an extent, but today, as long as 0.5950 is not breached (minor resistance is at 0.5935), NZD could test the 0.5900 level before the risk of a rebound increases.”

1-3 WEEKS VIEW: “Our update from yesterday (24 Jul, spot at 0.5950) is still valid. As highlighted, downward momentum remains strong, and the next level to watch is 0.5900. On the upside, if NZD breaks above 0.5980 (‘strong resistance’ level was at 0.6000 yesterday), it would mean that the weakness that started in the middle of last week has stabilised. Looking ahead, the next support below 0.5900 is at 0.5875.”

© 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