The panorama is still mixed, but it is likely that the US dollar (USD) cite in a narrower range of 7,2500/7,3300. In the long term, Momentum indicators remain neutral; It is likely that the USD Cotice in a range of 7,2700/7.3000, indicate the FX analysts of the UOB group, to be Leang and Peter Chia.
Momentum indicators remain neutral
24 -hour view: “The USD quoted between 7,2765 and 7,2991 yesterday, narrower than our expected range of 7,2650/7,3050. The USD closed practically unchanged at 7,2880 (+0.07%). Momentum indicators remain neutral, and we are still waiting A rank trade, probably in a range of 7,2700/7.3000. “
View of 1-3 weeks: “Two days ago (05 of Feb, spot in 7,2915), we indicate that ‘the USD panorama is mixed after the volatile price movements of recent days.’ We had the opinion that the USD ‘could quote in a wide range of 7.2430/7,3580. .
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
