Today's UAH to USD Price Update

Summary

This report provides the real-time exchange rate between the Ukrainian Hryvnia (UAH) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Ukrainian Hryvnia (UAH) is the official currency of Ukraine. The exchange rate between them reflects market conditions and investor sentiment regarding currency stability and geopolitical factors.

Today’s Price

• 1 UAH = 0.0237 USD
• 24h High: 0.023708 USD
• 24h Low: 0.023603 USD

Market Analysis

The UAH/USD pair is currently trading at 0.0238, with technical indicators suggesting mixed market sentiment. The 14-day Relative Strength Index (RSI) for UAH/USD stands at 7.806, indicating an oversold condition, which may present potential reversal opportunities.

• Technical outlook: Predicted daily closing price at 0.0239 USD and weekly closing price at 0.0240 USD
• Short-term forecast: Analytical forecasts suggest UAH/USD may move to 0.0237 within a week and 0.0236 within four weeks
• Risk note: The oversold RSI reading warrants caution, as the pair shows negative signals and carries downside risks
• Trading opportunities: Monitor for potential bounce-back from oversold levels, with attention to support formation around current price levels

Conclusion

Continue to monitor the UAH/USD pair closely, integrating technical indicators with market sentiment. Traders should remain vigilant regarding the oversold conditions while watching for potential recovery signals or further downside confirmation over the coming weeks.