- USD/THB is currently trading around 34.61 marks.
- It made intraday high at 34.63 and low at 34.59 marks.
- Intraday bias remains bullish till the time pair holds key support at 34.50 mark.
- On the top side, key resistances are seen at 34.67, 34.85, 34.97, 35.11, 35.20, 35.32, 35.42, 35.62, 35.74, 35.84, 35.93, 36.01, 36.08 and 36.39 marks respectively.
- Alternatively, a daily close below 34.50 will drag the parity down towards key supports around 34.45, 34.35, 34.20 and 34.01 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.


FxWirePro: EUR/NZD downside pressure builds, key support level in focus
0.7870 Break Looms – Next Stop 0.7800 for USDCHF?
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: USD/JPY extends fall as yen rises on intervention fears
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro- Major Crypto levels and bias summary
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660? 



