USD/THB: Room for extra upside near term – UOB – by pabspiovano Thailand Currencies Crosses Banks
“We expected USD/THB to edge higher last week but we were of the view that ‘a sustained rise above 34.55 appears unlikely’. Our expectations did not materialize and USD/THB traded in a relatively quiet manner between 3.97 and 34.41 before settling slightly higher for the week .”
Upward momentums has improved somewhat and this week USD/THB is likely to trade with an upward bias. However, USD/THB is still unlikely to rise above 34.75 in a sustained manner . Support is at 34.20, followed by 34.05.”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.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
EUR/USD: Upside momentum alleviated below 1.0940 – UOBEconomist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group suggest further gains in EUR/USD remain on the cards above 1.0940 in the near
Leer más »
AUD/USD faces further consolidation near term – UOBIn the opinion of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, AUD/USD is still seen navigating the 0.6620-0.6785 range i
Leer más »
GBP/USD faces a major support at 1.2275 – UOBFurther downside in GBP/USD is likely to face a tough contention around 1.2275 according to Economist Lee Sue Ann and Markets Strategist Quek Ser Lean
Leer más »
USD/JPY: Next on the upside comes 134.80 – UOBFurther upside could prompt USD/JPY to revisit the 134.80 region in the next weeks, note Economist Lee Sue Ann and Markets Strategist Quek Ser Leang a
Leer más »
USD/CNH clings to the consolidative theme so far – UOBIn the view of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, USD/CNH is expected to stick to the current range bound theme
Leer más »
Two Friends on Their Coachella Debut, Touring and Friendship | The Green RoomIlana Woldenberg caught up with Two Friends ahead of their Coachella debut. In the latest episode of The Green Room, the pair discuss their current residency, collaborating on music for over a deca…
Leer más »