| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: EUR/NZD downside pressure builds, key support level in focus

FxWirePro: GBP/AUD downside pressure builds, key support level in focus

Asia Roundup: Dollar under pressure as traders bet on further easing next year, Asian stocks edges higher, Gold tops $4,500 , Oil steady -December 24th,2025

CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target

FxWirePro: GBP/AUD tracks lower on firmer Australian dollar

NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists

FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed

FxWirePro: USD/ZAR down trend loses steam, remains on bearish path

USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead

AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106

FxWirePro: GBP/USD runs out of steam but maintains bullish outlook

FxWirePro: EUR/CAD extends fall, vulnerable to more downside

FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside

FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows

FxWirePro: USD/CNY hits 15-month low , scope for further downside

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas

©Econometrics LLC . All Rights Reserved.

FxWirePro: USD/TWD exhibits range bound movement, upside limited

Tuesday, June 20, 2017 3:48 AM UTC

USD/TWD is currently trading around 30.36 marks.
It made intraday high at 30.47 and low at 30.29 marks.
Intraday bias remains neutral for the moment.
A daily close above 30.36 will drag the parity up towards key resistances around 30.48, 30.69, 30.90, 31.02, 31.15, 31.26, 31.78, 31.98, 32.12, 32.25, 32.43 and 32.63 marks respectively.
On the other side, key support levels are seen at 30.24, 30.14, 30.00, 29.90, 29.84, 29.72, 29.61 and 29.28 marks respectively.
Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
Taiwan stocks open up 0.4 pct at 10,286.79 points.

We prefer to take short position in USD/TWD around 30.50, stop loss at 30.70 and target of 30.01.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

GLP-1 Weight Loss Pills Set to Reshape Food and Fast-Food Industry in 2025

UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs

FxWirePro- Major Pair levels and bias summary

FxWirePro: GBP/AUD downside pressure builds, key support level in focus

America’s Roundup: Dollar recovers modestly in thin holiday trading ,Wall Street ends higher, Gold takes a breather after record rally, Oil settles marginally lower

FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed

Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment

Palau Agrees to Accept Up to 75 U.S.-Transferred Migrants in Deal Tied to Increased American Aid

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro: USD/TWD exhibits range bound movement, upside limited

Editor's Picks

Welcome to EconoTimes