Instead of continuing to advance, USD is more likely to trade in a 153.00/154.10 range. In the longer run, upward momentum has eased; USD is expected to trade in a 151.30/154.70 range, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
Upward momentum has eased
24-HOUR VIEW: “When USD was trading at 152.80 yesterday, we noted that ‘provided that USD remains above 152.25 (minor support is at 152.50), it could edge higher to 153.25, potentially reaching 153.55.’ Our view was of a higher USD was not wrong, even though the anticipated advance exceeded our expectation as USD rose to a high of 153.95. USD then pulled back from the high to close at 153.71. The pullback in overbought conditions and slowing momentum suggests instead of continuing to advance, USD is more likely to trade in a 153.00/154.10 range.”
1-3 WEEKS VIEW: “We shifted from a positive to neutral USD stance yesterday (11 Nov, spot at 152.80), indicating that ‘upward momentum has eased.’ We expected USD to trade in a 151.30/154.70 range. We continue to hold the same view.”
作者:FXStreet Insights Team,文章来源FXStreet_id,版权归原作者所有,如有侵权请联系本人删除。
风险提示:以上内容仅代表作者或嘉宾的观点,不代表 FOLLOWME 的任何观点及立场,且不代表 FOLLOWME 同意其说法或描述,也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为,除非另有明确的书面承诺文件,否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: followme.asia
加载失败()