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    Asian equities could take a boost after strong gains seen on US equities

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    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

    Asian equities could take a boost after strong gains seen on US equities

    Asian equities likely to trade within narrow range following volatile session on Wall Street

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

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    Asian equities could take a boost after strong gains seen on US equities

    Asian equities may trade on the back foot as traders took profits during Wall Street session

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

    Asian equities could take a boost after strong gains seen on US equities

    Asian equities likely to trade within narrow range following volatile session on Wall Street

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

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USD/MYR Technical Analysis

Dyogenes Rodrigues Diniz
May 10, 2021
in Forex
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USD/MYR Technical Analysis
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The US Dollar has fallen against the Malaysian Ringgit this Monday to retest the broken level of 4.1000 and it already showed some upward strength at the end of the US trading session. Despite that movement, this has been a quiet day in the markets due to the lack of macroeconomic news. Investors should pay attention to the GDP for the Malaysian economic due later today. From a technical point of view, if the price manages to break above the 4.11 level, it could rise to the 4.1250 and then to the 4.1500 level.

Tags: USD/MYR
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