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FxWirePro: Thai baht trades flat at 32.65 mark, sustained close above requires for upside rally

  • USD/THB is currently trading around 32.61 marks.
     
  • It made intraday high at 32.67 and low at 32.61 marks.
     
  • Intraday bias remains neutral for the moment.
     
  • On the top side, key resistances are seen at 32.65, 32.90, 33.05, 33.20, 33.37, 33.52, 33.78 and 33.96 marks respectively.
     
  • Alternatively, a daily close below 32.65 will drag the parity down towards key supports around 32.42, 32.27, 32.18, 32.02 and 31.85 marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
     

Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.

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2018-11-16 11:19:27
0m

November 16 11:30 UTC Released

INFX Reserves, USD

Actual

393.01 Bln USD

Forecast

Previous

393.13 Bln USD

November 16 11:00 UTC Released

ITConsumer Prices Final YY

Actual

1.6 %

Forecast

1.6 %

Previous

1.6 %

January 31 00:00 UTC 416871416871m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416871416871m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 428691428691m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 416871416871m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 428691428691m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 416871416871m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416871416871m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416871416871m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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