USD/CNH is likely to trade in a range between 7.1760 and 7.1900 – Scotiabank
US Dollar (USD) is likely to trade in a range between 7.1760 and 7.1900. In the longer run, USD is expected to trade in a range of 7.1730/7.2000, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.

US Dollar (USD) is likely to trade in a range between 7.1760 and 7.1900. In the longer run, USD is expected to trade in a range of 7.1730/7.2000, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.

USD is expected to trade in a range

24-HOUR VIEW: "Yesterday, we expected USD to 'continue to expect range trading, but the softer underlying tone suggests USD is likely to trade in a lower range of 7.1760/7.1890.' USD then traded between 7.1725 and 7.1867, closing marginally higher by 0.01% at 7.1827. Further range trading still appears likely, probably between 7.1760 and 7.1900."

1-3 WEEKS VIEW: "In our most recent narrative from Tuesday (19 Aug, spot at 7.1850), we expected USD to 'trade in a range of 7.1730/7.2000.' Yesterday, USD dipped briefly to 7.1725 and then recovered. There is no increase in downward momentum, and we continue to hold the same view 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
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

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