Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: USD/THB hits fresh 4-week low at 31.51 mark, good to sell on rallies

  • USD/THB is currently trading around 31.54 marks.
     
  • It made intraday high at 31.77 and low at 31.51 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 31.78 mark.
     
  • On the top side, key resistances are seen at 31.78, 31.92, 32.02, 32.10, 32.22 and 32.54 marks respectively.
     
  • Alternatively, a daily close below 31.60 will drag the parity down towards key supports around 31.42, 31.28, 31.20 and 31.06 marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.

We prefer to take short position on USD/THB around 31.58, stop loss 31.78 and target of 31.20.

  • ET PRO
  • Market Data

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

April 22 19:00 UTC Released

USCold Pork Belly Stocks

Actual

58.788 Pounds M

Forecast

Previous

53.795 Pounds M

April 22 19:00 UTC Released

USBeef Stocks

Actual

450.657 Pounds M

Forecast

Previous

479.282 Pounds M

January 31 00:00 UTC 643490643490m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 643490643490m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 655310655310m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 643490643490m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 655310655310m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 643490643490m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 643490643490m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 643490643490m

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.