Trade The World
USD/CNH: Increasing momentum suggests USD may rise – UOB Group
Oleh FXStreet Insights Team
Tanggal Diterbitkan: 11 Jul 2025 | Tanggal Dimodifikasi: 11 Jul 2025
POPULAR ARTICLES
US Dollar (USD) is expected to trade in a range between 7.1730 and 7.1880 against Chinese Yuan (CNH). In the longer run, increasing momentum suggests USD may rise, but it is too early to expect 7.2000 to come into view, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
US Dollar (USD) is expected to trade in a range between 7.1730 and 7.1880 against Chinese Yuan (CNH). In the longer run, increasing momentum suggests USD may rise, but it is too early to expect 7.2000 to come into view, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Above 7.1630, USD may rise towards 7.1900
24-HOUR VIEW: "Our expectation for USD to 'edge lower and test 7.1720' did not materialise, as it traded in a range of 7.1769/7.1843 before closing largely unchanged at 7.1783 (-0.08%). The price action is likely part of a range trading phase. Today, we expect USD to trade between 7.1730 and 7.1880."
1-3 WEEKS VIEW: "Our most recent narrative was from Wednesday (09 Jul, spot at 7.1825), in which 'the increasing upward momentum suggests USD may rise above 7.1900, but it is too early to expect 7.2000 to come into view.' While USD has not been able to make further headway to the upside, as long as USD holds above 7.1630 (no change in ‘strong support’ level), there is still a chance for USD to rise above 7.1900."
FXStreet
Lebih dari satu juta pengguna mengandalkan FXStreet untuk data pasar real-time, alat charting, wawasan ahli, dan berita forex. Kalender ekonomi komprehensif dan webinar edukatif membantu trader tetap mendapat informasi dan membuat keputusan terukur. FXStreet memiliki sekitar 60 profesional yang tersebar antara kantor pusat Barcelona dan berbagai wilayah global.
Read More
