EUR/USD expected to trade in a range between 1.1580 and 1.1745 – UOB Group
There has been no increase in either downward or upward momentum; Euro (EUR) is likely to trade in a range of 1.1610/1.1675. In the longer run, EUR is expected to trade in a range between 1.1580 and 1.1745, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

There has been no increase in either downward or upward momentum; Euro (EUR) is likely to trade in a range of 1.1610/1.1675. In the longer run, EUR is expected to trade in a range between 1.1580 and 1.1745, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

No increase in either downward or upward momentum

24-HOUR VIEW: "EUR pulled back sharply to a low of 1.1601 two days ago. Yesterday, when EUR was at 1.1630, we stated that 'the sharp decline appears to be running ahead of itself, and EUR is unlikely to weaken much further.' We expected EUR to 'trade in a range of 1.1600/1.1690.' Our

view of range trading was not wrong, even though EUR traded between 1.1599 and 1.1665, a narrower range than we expected. There has been no increase in either downward or upward momentum, and we continue to expect EUR to trade in a range today, probably between 1.1610 and 1.1675."

1-3 WEEKS VIEW: "We continue to hold the same view as yesterday (26 Aug, spot at 1.1630). As highlighted, we expect EUR to trade in a range between 1.1580 and 1.1745 for now."

FXStreet
Trade The World
Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
NVDA/NAS
1 D change
+0%
0
ON/NAS
1 D change
+0%
0
MSFT/NAS
1 D change
+0%
0

ALL ABOUT TECHNICAL

Explore Mais Ferramentas
Academia de Trading
Navegue por uma ampla gama de artigos educacionais cobrindo estratégias de trading, insights de mercado e fundamentos financeiros, tudo em um só lugar.
Saiba Mais
Cursos
Explore cursos de trading estruturados projetados para apoiar seu crescimento em cada etapa de sua jornada de trading.
Saiba Mais
Webinar
Participe de webinars ao vivo e sob demanda para obter insights de mercado em tempo real e estratégias de trading de especialistas da indústria.
Saiba Mais