Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: USD/TWD moves directionless since four months, stay neutral

  • USD/TWD is currently trading around 30.84 marks.
     
  • It made intraday high at 30.85 and low at 30.82 marks.
     
  • Intraday bias remains neutral till the time pair moves in stiff boundaries from 30.50 to 30.90 mark.
     
  • A daily close above 30.94 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 10,111.18 points.

We prefer to take long position on USD/TWD only above 30.90, stop loss at 30.70 and target of 31.18.

  • 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 813935813935m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 813935813935m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 825755825755m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 813935813935m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 825755825755m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 813935813935m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 813935813935m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 813935813935m

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.