Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: USD/THB hovers around key support at 30.70 mark, sustained close  below requires for downside rally

  • USD/THB is currently trading around 30.76 marks.
     
  • It made intraday high at 30.85 and low at 30.73 marks.
     
  • Intraday bias remains bearish till the time pair holds key resistance at 30.90 marks.
     
  • On the top side, key resistances are seen at 30.90, 31.20, 31.50, 31.70, 31.99, 32.10, 32.22 and 32.54 marks respectively.
     
  • Alternatively, a daily close below 30.81 will drag the parity down towards key supports around 30.70, 30.42, 30.28 and 30.12 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 30.80, stop loss at 30.90 and target of 30.70/ 30.42/30.28.

  • 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 815009815009m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 815009815009m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 826829826829m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 815009815009m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 826829826829m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 815009815009m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 815009815009m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 815009815009m

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.