UOB Group 1/4: #EURUSD: Further sideway-trading would not be surprising even though the slightly firmed underlying tone suggests a higher range of 1.2030/1.2085.
#GBPUSD: underlying tone still appears to be positive & there is chance for GBP to edge above 1.3760. That said, next
#GBPUSD: underlying tone still appears to be positive & there is chance for GBP to edge above 1.3760. That said, next
UOB 2/4: resist at 1.3800 is not expected to come into the picture. On downside,1.3680 low is acting as a solid support and is unlikely to come under threat (1.3710 is already quite a strong level).
#AUDUSD: Upward momentum is beginning to improve and AUD could edge above 0.7730
#AUDUSD: Upward momentum is beginning to improve and AUD could edge above 0.7730
UOB 3/4: For today, next resist at 0.7765 is likely out of reach. Supp is at 0.7685 followed by 0.7660.
#NZDUSD: Upward momentum has improved & risk is for NZD to move higher. 0.7250 is a solid resist & NZD may not be able to maintain a foothold above this level. Supp is at 0.72
#NZDUSD: Upward momentum has improved & risk is for NZD to move higher. 0.7250 is a solid resist & NZD may not be able to maintain a foothold above this level. Supp is at 0.72
UOB 4/4: followed by 0.7185.
#USDJPY: Downward momentum has improved, albeit not by much. From here, there is room for USD to edge lower but any weakness is unlikely to break the strong supp at 104.80 (there is another supp at 105.00). Resistance is at 105.35 followed by 105.60
#USDJPY: Downward momentum has improved, albeit not by much. From here, there is room for USD to edge lower but any weakness is unlikely to break the strong supp at 104.80 (there is another supp at 105.00). Resistance is at 105.35 followed by 105.60
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