UOB

USD/CNH has likely moved into a 7.1620/7.2200 range – UOB Group

US Dollar (USD) could edge higher, but any advance is likely limited to a test of 7.2070. In the longer…

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USD/JPY: Increase in momentum is not sufficient to indicate a sustained advance – UOB Group

The current price movements are likely part of a range trading phase between 143.60 and 145.10. In the longer run,…

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NZD/USD: Likely to trade in a sideways range of 0.6015/0.6055 – UOB Group

New Zealand Dollar (NZD) is likely to trade in a sideways range of 0.6015/0.6055 against US Dollar (USD). In the…

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AUD/USD: Expected to trade in a range – UOB Group

Australian Dollar (AUD) is expected to trade in a range against US Dollar (USD), likely between 0.6490 and 0.6535. In…

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GBP/USD: Unlikely to reach 1.3620 for now – UOB Group

Further rebound is not ruled out, but Pound Sterling (GBP) is unlikely to reach 1.3620 against US Dollar (USD). In the longer…

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EUR/USD: Likely to continue rising towards 1.1575 – UOB Group

Scope for Euro (EUR) to continue to rise; the major resistance at 1.1535 is probably out of reach for now.…

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USD/CNH: Expected to trade in a range of 7.1730/7.1970 – UOB Group

US Dollar (USD) is expected to trade in a range of 7.1730/7.1970 against Chinese Yuan (CNH). In the longer run,…

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AUD/USD: Major resistance at 0.6555 is likely out of reach – UOB Group

Increasing momentum suggests further upside pressure; the major resistance at 0.6555 is likely out of reach. In the longer run,…

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EUR/USD: Likely to trade in a range of 1.1385/1.1460 – UOB Group

There has been no increase in either downward or upward momentum; Euro (EUR) is likely to trade in a range…

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GBP/USD: Any decline may be limited to a retest of the 1.3460 level – UOB Group

Further Pound Sterling (GBP) weakness is not ruled out against US Dollar (USD); oversold conditions suggest any decline may be limited to…

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