Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: USD/TWD hits fresh 2-week low at 30.19 mark, Taiwan’s industrial output data in focus

  • USD/TWD is currently trading around 30.28 marks.
     
  • It made intraday high at 30.33 and low at 30.22 marks.
     
  • Intraday bias remains neutral till the time pair holds key support 30.20 mark.
     
  • A daily close above 30.35 will drag the parity up towards key resistances around 30.50, 30.65, 30.77, 30.90, 31.02, 31.15, 31.26 and 31.44 marks respectively.
     
  • On the other side, key support levels are seen at 30.20, 30.10, 30.01, 29.90, 29.84, 29.72, 29.61 and 29.28 marks respectively.
     
  • Taiwan stocks open up 0.3 pct at 10,353.37 points.
     
  • Taiwan will release jobless rate at 0800 GMT.

We prefer to take short position in USD/TWD only below 30.20 mark, stop loss at 30.40 and target of 30.01/29.84.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • ET PRO
  • Market Data

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

2017-09-22 21:05:48
0m

September 22 14:30 UTC Released

USECRI Weekly Annualized*

Actual

0.0 %

Forecast

Previous

0.3 %

September 22 14:30 UTC Released

USECRI Weekly Index*

Actual

143.4 %

Forecast

Previous

143.3 %

September 25 00:30 UTC 25612561m

JPNikkei Mfg PMI

Actual

Forecast

Previous

52.2 bln $

September 25 08:00 UTC 30113011m

DEIfo Business Climate*

Actual

Forecast

116.0 %

Previous

115.9 %

September 25 08:00 UTC 30113011m

DEIfo Current Conditions*

Actual

Forecast

124.8 %

Previous

124.6 %

September 25 08:00 UTC 30113011m

DEIfo Expectations*

Actual

Forecast

107.9 %

Previous

107.9 %

September 25 11:30 UTC 32213221m

TRCapacity Utilisation*

Actual

Forecast

Previous

78.8 %

September 25 11:30 UTC 32213221m

TRManufacturing Confidence*

Actual

Forecast

Previous

110.7 %

September 25 12:30 UTC 32813281m

USNational Activity Index*

Actual

Forecast

Previous

-0.01 %

September 25 13:00 UTC 33113311m

MXIGAE Econ Activity YY

Actual

Forecast

Previous

2.4 %

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.