Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: USD/THB touches key resistance at 32.10 mark in early Asia, consistent close above targets 32.54 mark

  • USD/THB is currently trading around 32.03 marks.
     
  • It made intraday high at 32.09 and low at 32.00 marks.
     
  • Intraday bias remains bullish till the time pair holds key support at 31.87 mark.
     
  • On the top side, key resistances are seen at 32.10, 32.22 and 32.54 marks respectively.
     
  • Alternatively, a daily close below 32.05 will drag the parity down towards key supports around 31.87, 31.70, 31.58, 31.42, 31.28, 31.20 and 31.06 marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.

We prefer to take long position on USD/THB only above 32.10, stop loss at 31.87 and target of 32.22/32.54.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 815798815798m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 815798815798m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 827618827618m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 815798815798m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 827618827618m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 815798815798m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 815798815798m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 815798815798m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.