USD/MYR: Next key resistance level comes at 4.6570 – UOB
- ByFXStreet-
Extra gains in USD/MYR should meet a tough barrier at 4.6570 in the near term, suggests Markets Strategist Quek Ser Leang at UOB Group. Key Quotes “La
Symbol | Exchange | Currency |
|---|
Extra gains in USD/MYR should meet a tough barrier at 4.6570 in the near term, suggests Markets Strategist Quek Ser Leang at UOB Group. Key Quotes “La
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Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Sell | Strong Sell | Strong Sell | Buy | Strong Buy |
| Technical Indicators | Neutral | Neutral | Strong Sell | Strong Buy | Strong Buy |
| Summary | Sell | Sell | Strong Sell | Strong Buy | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Engulfing Bullish | 1M | 4 | Feb 23 | ||
| Three Outside Down Bearish | 1M | 6 | Dec 22 | ||
| Engulfing Bearish | 1M | 7 | Nov 22 | ||
| Three Black Crows | 1H | 18 | Jun 02, 2023 12:00 | ||
| Three Outside Down Bearish | 1H | 19 | Jun 02, 2023 11:00 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Sunday, 4 June 2023 | ||||||
| 20:00 | USD | |||||
| Monday, 5 June 2023 | ||||||
| 23:45 | USD | 54.50 | 54.50 | |||
| 23:45 | USD | 55.10 | 55.10 | |||
Federal Reserve(FED) | ||
| Current Rate | 5.25% | |
| Chairman | Jerome H. Powell |
Bank Negara Malaysia(BNM) | ||
| Current Rate | 3.00% | |
| Chairman | Tan Sri Dr. Zeti Akhtar Aziz |