Created
: 2025.11.17
- 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 remains negative - UOB Group
Breaking news
USD/CNH remains negative - UOB Group
New
2025.11.17 21:03
2025.11.17 21:03
2025.11.17 21:03
US Dollar (USD) appears to have entered a consolidation phase between 7.0900 and 7.1070. In the longer run, USD remains negative, and the next level to watch is 7.0885, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Next level to watch is 7.0885
24-HOUR VIEW: "USD plummeted to a low of 7.0918 last Thursday. On Friday, when USD was at 7.0970, we highlighted the following: 'Further declines are not ruled out, but given the deeply oversold conditions, the major support level at 7.0885 is likely out of reach. Resistance levels are at 7.1030 and 7.1085'. USD then dropped to a low of 7.0910, rebounded to 7.1023, and then closing largely unchanged at 7.1000 (+0.03%). USD appears to have entered a consolidation phase. Today, we expect USD to trade between 7.0900 and 7.1070."
1-3 WEEKS VIEW: "Last Friday (14 Nov, spot at 7.0970), we reiterated our view, stating that 'we continue to hold a negative USD stance, and now expect a move to 7.0885'. We will maintain our view as long as 7.1170 (no change in 'strong resistance' level was at 7.1235 yesterday) is not breached."
Last updated
: 2025.11.17
Related articles
USD/CNH remains negative - UOB Group
2025.11.17 21:02S&P 500 tests 50-DMA support - Société Générale
2025.11.17 18:41Dow Jones futures gain as traders eye delayed US data, Fed signals
2025.11.17 17:03Dow Jones Industrial Average lags behind tech sector recovery
2025.11.15 03:03USD/CNH: Major support at 7.0885 is likely out of reach for now - UOB Group
2025.11.14 21:02Dow Jones Industrial Average falls below 48,000 as tech stocks slide and shutdown ends
2025.11.14 02:19
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
USD modestly higher as markets await data - Scotiabank
The US Dollar (USD) is tracking a little higher overall in cautious trading. Markets are waiting for delayed US data on the one hand and more clues on the tech sector outlook on the other, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.11.17 23:02WTI steadies above $60 amid easing disruption fears and cautious market tone
WTI inches higher on Monday, supported by steady risk sentiment and easing supply concerns after Russia's Novorossiysk hub resumed shipments following last week's Ukrainian strike.
New
2025.11.17 22:44USD/CAD treads water above 1.4000 ahead of Canadian CPI data
The Canadian Dollar holds marginal gains against a firmer US Dollar on Monday, but the USD/CAD remains trading back and forth within the last few days' trading range, with downside attempts held above the 1.4000 level and bulls capped below 1.4050.Most currency pairs are trading within recent range
New
2025.11.17 21:41USD/CHF climbs amid US Dollar strength, SNB rate hold anticipation
USD/CHF remains supported on Monday, trading around 0.7950 at the time of writing, up 0.17% on the day. The pair is lifted by renewed strength in the US Dollar (USD) as expectations for an imminent policy easing by the Federal Reserve (Fed) continue to fade.
New
2025.11.17 21:26Gold subdued as DXY rebounds and December Fed cut bets fade
Gold (XAU/USD) kicks off the week on a subdued note, consolidating losses after a two-day slide that followed last week's push to over a three-week high.
New
2025.11.17 21:13USD/CNH remains negative - UOB Group
US Dollar (USD) appears to have entered a consolidation phase between 7.0900 and 7.1070. In the longer run, USD remains negative, and the next level to watch is 7.0885, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.11.17 21:02USD/JPY: Likely to trade between 153.80 and 155.05 - UOB Group
Outlook is unclear; US Dollar (USD) could trade between 153.80 and 155.05. In the longer run, for the time being, USD could trade between 153.20 and 155.05, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.11.17 20:59NZD/USD: Likely to trade in a range between 0.5650 and 0.5690 - UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5650 and 0.5690. In the longer run, no change in view; NZD is likely to trade in a range between 0.5605 and 0.5695, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.11.17 20:54USD/JPY holds below 155 as Japan GDP beats forecasts - BBH
USD/JPY is trading just below 155.00 after Japan's Q3 GDP contracted less than expected and domestic demand held firm. Despite reduced market pricing for a December BOJ hike, rising fiscal support may raise the likelihood of policy tightening later this year, BBH FX analysts report.
New
2025.11.17 20:53USD/JPY Price Forecast: US Dollar nears 155.00 with bulls losing steam
The US Dollar trades higher against the Japanese Yen on Monday, with price action approaching the 155.00 level.
New
2025.11.17 20:49Disclaimer:
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
