Potential for the Euro (EUR) to decline further; it remains to be seen whether 1.0770 is within reach today. In the longer run, downward momentum has not improved much, but there is a chance for EUR to drop to 1.0770 before stabilisation can be expected, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
24-HOUR VIEW: “Yesterday, when EUR was at 1.0865, we indicated that it ‘could edge higher, but it does not seem to have enough momentum to break above 1.0900.’ However, instead of edging higher, EUR plummeted, closing lower by 0.47% (1.0815). While downward momentum has not increased by much, there is potential for EUR to decline further. However, it remains to be seen whether 1.0770 is within reach today. Note that there is another support level at 1.0800. On the upside, resistance levels are at 1.0830 and 1.0850.”
1-3 WEEKS VIEW: “After EUR rebounded last Friday, we indicated yesterday (21 Oct, spot at 1.0865) that ‘although our ‘strong resistance’ level at 1.0900 has not been breached yet, the slowing momentum suggests 1.0770 is likely out of reach this time around.’ EUR subsequently reversed and dropped to 1.0810. Despite the relatively sharp decline, downward momentum has not improved much. That said, as long as 1.0880 (‘strong resistance’ level previously at 1.0900) is not breached, there is a chance for EUR to drop to 1.0775 before stabilisation can be 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.
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.