Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: USD/TWD stabilizes above 30.90 mark, Taiwan’s economic data in focus

  • USD/TWD is currently trading around 30.94 marks.
     
  • It made intraday high at 30.98 and low at 30.92 marks.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 31.02 mark.
     
  • A daily close above 31.02 will drag the parity up towards key resistances around 31.18, 31.28, 31.42 and 31.77 marks respectively.
  • On the other side, key support levels are seen at 30.70, 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 down 0.5 pct at 9,871.30 points.
     
  • Taiwan will release export orders as well as jobless rate data at 0800 GMT.

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

  • ET PRO
  • Market Data

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

November 16 02:00 UTC Released

NZRBNZ Offshore Holdings

Actual

55.1 0

Forecast

Previous

55.4 0

November 16 02:00 UTC Released

KRTR IPSOS PCSI

Actual

42.46 %

Forecast

Previous

43.48 %

January 31 00:00 UTC 416372416372m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416372416372m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 428192428192m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 416372416372m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 428192428192m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 416372416372m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416372416372m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 416372416372m

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.