USD/MYR now seen within 4.3670-4.4010 – UOB
- ByFXStreet-
The Malaysian ringgit is expected to trade between 4.3670 and 4.4010 vs. the US dollar in the next weeks, suggested Quek Ser Leang at UOB Group’s Glob
Symbol | Exchange | Currency |
|---|
The Malaysian ringgit is expected to trade between 4.3670 and 4.4010 vs. the US dollar in the next weeks, suggested Quek Ser Leang at UOB Group’s Glob
In opinion of Quek Ser Leang at UOB Group’s Global Economics & Markets Research, further upside could encourage USD/MYR to visit 4.4000. Key Quotes “L
According to Quek Ser Leang at UOB Group’s Global Economics & Markets Research, further upside in USD/MYR could see the 4.40 level retested in the nea
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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 | Strong Sell | Strong Sell | Strong Sell | Buy | Strong Buy |
| Summary | Strong Sell | Strong Sell | Strong Sell | Buy | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Tri Star Bearish | 15 | 2 | May 27, 2022 15:30 | ||
| Tri Star Bullish | 15 | 4 | May 27, 2022 13:45 | ||
| Grave Stone Doji | 15 | 29 | May 26, 2022 09:30 | ||
| Tri Star Bullish | 15 | 30 | May 26, 2022 09:00 | ||
| Tri Star Bearish | 15 | 31 | May 26, 2022 08:45 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Mon, May 30, 2022 | ||||||
| 23:00 | USD | |||||
Federal Reserve(FED) | ||
| Current Rate | 1.00% | |
| Chairman | Jerome H. Powell |
Bank Negara Malaysia(BNM) | ||
| Current Rate | 2.00% | |
| Chairman | Tan Sri Dr. Zeti Akhtar Aziz |