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FxWirePro: USD/TWD trades in narrow range, Taiwan’s CPI data in focus

  • USD/TWD is currently trading around 30.74 marks.
     
  • It made intraday high at 30.82 and low at 30.71 marks.
     
  • Intraday bias remains neutral for the moment.
     
  • A daily close above 30.72 will drag the parity up towards key resistances around 30.90, 31.02, 31.17 and 31.42 marks respectively.
  • On the other side, key support levels are seen at 30.60, 30.47, 30.40, 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 11,042.41 points.
     
  • Taiwan will relase CPI data at 0800 GMT.

We prefer to take long position on USD/TWD only above 30.90, stop loss at 30.60 and target of 31.17.

  • ET PRO
  • Market Data

October 18 09:00 UTC Released

ZAMining Production YY

Actual

-9.1 %

Forecast

-4 %

Previous

-5.2 %

October 18 09:00 UTC Released

ZAGold Production YY

Actual

-15.5 %

Forecast

Previous

-15 %

January 31 00:00 UTC 374952374952m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 374952374952m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 386772386772m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 374952374952m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 386772386772m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 374952374952m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 374952374952m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 374952374952m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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