USD/CNH looks firmer and now targets 6.3800 – UOB By pabspiovano China Currencies Crosses Banks
24-hour view: “We highlighted last Friday that ‘despite the quiet trading, upward momentum appears to be building’. We added, ‘a break of 6.3350 could lead to a rise to 6.3450’. While our view for higher USD turned out to be correct, we did not expect the strong surge that sent USD soaring to 6.3641. The rapid rise appears to be running ahead of itself but there is scope for USD to advance to 6.3720. The next resistance at 6.3800 is unlikely to come under threat. Support is at 6.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/JPY Price Analysis: Bulls are firmer in a rising channel formation, 118.00 eyedUSD/JPY Price Analysis: Bulls are firmer in a rising channel formation, 118.00 eyed By Sagar_Dua24 USDJPY Technical Analysis SupportResistance Momentum ChartPatterns
Read more »
Gold Price Forecast: XAU/USD eyes $1,950 as the next bearish target – Confluence DetectorGold price is facing a double whammy from an improved market mood on hopes for diplomacy on the Ukraine crisis. While the expected 25 bps Fed rate hik
Read more »
College baseball wrapup: Toreros' Brycen Mautz continues to set down hittersUSD sophomore from Westview High is among the nation's leaders with 45 strikeouts this season
Read more »
Target introduces 'Target Zero' initiative to help shoppers identify products that reduce wasteAs the world aims to figure out ways to live and shop more sustainably, Target is adding to those efforts with one of its latest initiatives.
Read more »
USDJPY Forecast, News and Analysis - FXStreetCheck our updated for USDJPY News including real time updates, forecast, technical analysis and the economic latest events from the best source of Forex News.
Read more »
BNB/USD: Fast Trading Results and Technical Headwinds SeenBNB/USD remains under pressure in the short term as the cryptocurrency reacts to nervousness being displayed across the broad digital asset market.
Read more »