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- Support Levels are normally defined as where market participants see good value and start to push prices higher again.
- Resistance Levels are normally regarded as a ceiling, as the price levels prevent the market from moving prices upward.
Risk disclosure and disclaimer:
Please note that the indicative support and resistance level are given for general reference only. Customers should not rely on this information to buy or sell currency. This information is only for a reference and does not represent recommendation from HSBC for customer to buy or sell based on the information provided. Customer should not rely on the views or information expressed in this document solely to make investment decisions. HSBC shall not be held liable for damages arising out of any person’s reliance upon this information. Customer should make his/her buy and sell decision based on his/her own view. Also, past performance is not indicative of future performance.
Time deposit rates are for reference only. Exchange rate offers are available at any HSBC branches, call center 24/7 and public website. Terms and Conditions apply.
This document is issued by HSBC Bank (Vietnam) Ltd.. Information contained in this document is obtained from sources believed to be reliable; however HSBC does not guarantee its completeness or accuracy. This material is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment or securities nor shall it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. The specific investment objectives, personal situation and particular needs of any person have not been taken in consideration. You should therefore not rely on it as investment advice. Opinions and estimates expressed are subject to change without notice and HSBC expressly disclaims any and all liability for representations and warranties, express or implied, contained herein, or for omissions. All charts and graphs are from publicly available sources or proprietary data. The mention of any foreign currency should not be construed as representing a recommendation to buy or sell that foreign currency, nor does it represent a forecast on future performance of the foreign currency.