UOB
Institutional, UOB
Swiss Franc: 0.8110 remains in focus against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann see USD/CHF consolidating after a sharp fall and rebound, with flat momentum indicators. For the next 24 hours, they expect the pair to hold between 0.8125 and 0.8185. On a 1–3 week horizon, there is still a chance of a dip toward 0.8110 […]
by Currency Hedger
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- 1 week ago
Institutional, UOB
Japanese Yen: Bullish bias within 157.00–159.00 band against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note a modest pickup in downside momentum in USD/JPY after a volatile session. They expect the pair to trade with a bearish intraday bias toward 157.20, potentially testing major support at 157.00, with resistance at 158.10 and 158.30. Over 1–3 weeks, they still anticipate […]
by Currency Hedger
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- 1 week ago
Institutional, UOB
British Pound: Overbought but uptrend still in place against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann, GBP/USD jumped to a seven-week high near 1.3503 before easing to 1.3472, with intraday action expected to consolidate between 1.3445 and 1.3505. Over the next one to three weeks, they retain a positive view, looking for a move toward 1.3530 while flagging 1.3410 as […]
by Currency Hedger
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- 1 week ago
Institutional, UOB
Swiss Franc: Upside momentum accelerates against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report a sharp drop in USD/CHF, with the pair closing down 0.80% and testing key supports. Intraday, they see potential for a brief break below 0.8165, though oversold conditions may limit follow-through. On a 1–3 week horizon, rapidly increasing downward momentum points to a […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Institutional, UOB
Chinese Yuan: Uptrend extends toward 6.6450 against US Dollar – UOB
United Overseas Bank strategists Quek Ser Leang and Lee Sue maintain a negative stance on USD/CNH, noting that the pair has been edging lower and remains under downward pressure. Short-term projections see scope to test nearby support, while the 1–3 week and 1–3 month views both favour continued gradual declines as long as the pair […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Institutional, UOB
Euro: Rebound extends toward resistance against US Dollar – UOB
United Overseas Bank strategists Quek Ser Leang and Lee Sue highlight a strong EUR/USD rebound after an early New York selloff, shifting their stance from negative to cautiously constructive. The Euro (EUR) is now expected to probe higher resistance levels, with upside contingent on holding nearby supports, while a failure could see the pair revert […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Institutional, UOB
Japanese Yen: Range trading persists against US Dollar – UOB
UOB strategists Quek Ser Leang and Lee Sue Ann note that USD/JPY price action has been volatile but ultimately little changed, with the pair closing near 157.82. Their short-term view is for USD/JPY to stay confined within tight intraday ranges, while over the 1–3 week horizon they expect the Dollar to trade between 157.00 and […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Institutional, UOB
Euro: Downside risk hinges on 1.1110 against US Dollar – UOB
UOB strategists Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has shifted into a short-term range phase after rebounding to 1.1152. For the next 24 hours they see consolidation between 1.1120 and 1.1190. Over a 1–3 week horizon, a sustained decline requires a break and close below 1.1110, while a corrective recovery could […]
by Currency Hedger
- 0 Comments
- 2 weeks ago
Institutional, UOB
Swiss Franc: Further weakness seen against US Dollar – UOB
UOB’s Quek Ser Leang highlights that USD/CHF extended gains to 0.8294 despite overbought conditions, with intraday scope for further upside though a move to the major 0.8320 resistance is seen unlikely. On a 1–3 week horizon, he now expects the pair to test 0.8320 after a close at 0.8290, but judges the odds of a […]
by Currency Hedger
- 0 Comments
- 3 weeks ago
Institutional, UOB
Euro: Downtrend targets 1.1095 support against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note EUR/USD’s downside bias has intensified after the pair broke below 1.1135 faster than expected, reaching 1.1121. Intraday, they see strong but stretched downside momentum, limiting a clear break under 1.1095, with support at 1.1110 and resistance at 1.1145/1.1160. Over 1–3 weeks, they still look for a […]
by Currency Hedger
- 0 Comments
- 3 weeks ago