Created
: 2025.07.21
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
USD/CNH: Likely to trade in a range of 7.1730/7.1860 - UOB Group
World FX news
Breaking news
USD/CNH: Likely to trade in a range of 7.1730/7.1860 - UOB Group
2025.07.21 20:57
2025.07.21 20:57
US Dollar (USD) is likely to trade in a range of 7.1730/7.1860 against Chinese Yuan (CNH). In the longer run, USD is expected to trade in a range between 7.1550 and 7.1920, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD is expected to trade in a range
24-HOUR VIEW: "We expected USD to 'trade in a range of 7.1740/7.1880' last Friday. USD then traded between 7.1755 and 7.1854, narrower than our expected range. The price movements still appear to be part of a range trading phase, most likely between 7.1730 and 7.1860."
1-3 WEEKS VIEW: "Our most recent narrative was from last Monday (14 Jul, spot at 7.1730), in which we highlighted that USD 'is expected to trade in a range between 7.1550 and 7.1920.' Our narrative remains unchanged."
Last updated
: 2025.07.21
Related articles
USD/CNH: A clear break below 7.1700 is unlikely - UOB Group
2025.08.14 21:09Dow Jones futures moves little ahead of US economic data
2025.08.14 17:20Dow Jones Industrial Average extends gains on renewed Fed rate cut hopes
2025.08.14 03:34USD/CNH: Any decline is unlikely to threaten 7.1700 - UOB Group
2025.08.13 18:54Dow Jones futures rise as US inflation data fuels Fed rate cut hopes
2025.08.13 17:06USD/CNH: Major resistance at 7.2100 is unlikely to come into view - UOB Group
2025.08.12 18:47
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
GBP/JPY Price Forecast: Continues to face selling pressure around 200.00
The GBP/JPY pair slides 0.3% to near 199.30 during the Asian trading session on Friday. The cross faces a sharp selling pressure as the Japanese Yen (JPY) has strengthened, following the release of the surprisingly upbeat preliminary Q2 Japan's Gross Domestic Product (GDP) data.
New
2025.08.15 14:21WTI holds losses below $63.00 ahead of Trump-Putin peace talks
West Texas Intermediate (WTI) Oil price loses ground after registering more than 1.5% gains in the previous session, trading around $62.90 per barrel during the Asian hours on Friday.
New
2025.08.15 14:16GBP/USD strengthens to near 1.3550 as US Retail Sales data looms
The GBP/USD pair gathers to around 1.3545 during the early European session on Friday, bolstered by a weaker US Dollar (USD). Additionally, the stronger-than-expected UK economic data underpins the Pound Sterling (GBP) against the Greenback.
New
2025.08.15 13:56India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
New
2025.08.15 13:41USD/CHF clings to gains near 0.8070 as hot US PPI supports US Dollar
The USD/CHF pair trades firmly near Thursday's high around 0.8070 during the Asian trading session on Friday.
New
2025.08.15 13:38AUD/JPY falls toward 95.50 as Japan's economy expands in Q2
AUD/JPY extends its losses for the second successive session, trading around 95.60 during the Asian hours on Friday. The currency cross depreciates as the Japanese Yen (JPY) advances following stronger-than-expected Japanese Gross Domestic Product (GDP) data for the second quarter.
New
2025.08.15 13:37Silver Price Forecast: XAG/USD flat lines around $38.00 as traders seem non-committed
Silver (XAG/USD) attracts some dip-buying during the Asian session on Friday and stalls the previous day's retracement slide from the $38.70-$38.75 area, or a three-week high. The white metal climbs back above the $38.00 mark in the last hour, though it lacks bullish conviction.
New
2025.08.15 13:26EUR/JPY falls to near 171.50 following Japan's Q2 GDP data
EUR/JPY extends its losses for the third successive session, trading around 171.70 during the Asian hours on Friday. The currency cross loses ground as the Japanese Yen (JPY) rises following stronger-than-expected Japanese Gross Domestic Product (GDP) data for the second quarter.
New
2025.08.15 13:19China warns Western companies against stockpiling rare earths -- FT
China is warning foreign companies against stockpiling rare earths or risk even greater shortages, the Financial Times reported on Friday. This statement came after Beijing tightly controls supplies of the metals vital to electric vehicles and other civilian and defence sectors.
New
2025.08.15 13:00USD/CAD Price Forecast: Trades firmly near 1.3800 ahead of US Retail Sales data
The USD/CAD pair holds onto Thursday's gains around 1.3800 during the Asian trading session on Friday. The Loonie pair trades firmly as the US Dollar (USD) has strengthened, following the release of the hotter-than-projected United States (US) Producer Price Index (PPI) data for July.
New
2025.08.15 12:53Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
