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FxWirePro: USD/TWD remains well supported below 31.00 mark, sustained close above 30.92 requires for upside rally

  • USD/TWD is currently trading around 30.82 marks.
     
  • It made intraday high at 30.92 and low at 30.83 marks.
     
  • Intraday bias remains bearish for the moment.
     
  • A daily close above 30.92 will drag the parity up towards key resistances around 31.02, 31.18, 31.28, 31.42 and 31.77 marks respectively.
  • On the other side, key support levels are seen at 30.70, 30.56, 30.45, 30.28, 30.15 and 30.05 marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
     
  • Taiwan stocks open up 0.2 pct at 9,661.72 points.

We prefer to take long position on USD/TWD only above 31.02, stop loss at 30.70 and target of 31.18/31.42.

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2019-03-27 00:47:41
0m

March 27 01:30 UTC Released

CNTurnover/sales cum Y/Y

Actual

-14 Percent

Forecast

Previous

10.3 Percent

March 27 01:00 UTC Released

NZCen Bank Interest Rate

Actual

1.75 %

Forecast

1.75 %

Previous

1.75 %

January 31 00:00 UTC 604945604945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 604945604945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 616765616765m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 604945604945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 616765616765m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 604945604945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 604945604945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 604945604945m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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