- USD/THB is currently trading around 31.70 marks.
- It made intraday high at 31.80 and low at 31.70 marks.
- Intraday bias remains bearish till the time pair holds immediate resistance at 31.92 mark.
- A daily close below 31.80 will drag the parity down towards key supports around 31.57, 31.28 and 31.11 marks respectively.
- On the top side, key resistances are seen at 31.92, 32.00, 32.13, 32.28, 32.39, 32.46, 32.61 and 32.85 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 in USD/THB around 31.75, stop loss at 31.92 and target of 31.57.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: EUR/ NZD recovers some ground but bears are not done yet
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115
GBPJPY Rises on Solid UK Data: Dip-Buy Setup at 214.6 Eyes 217
Bitcoin Flat Near 77k as US-Iran Tensions Escalate; ETF Inflows Near $1B for the Week
FxWirePro: AUD/USD nurses losses in subdued trading
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
ETHUSD Dips to 2285 Then Rebounds on $150–$200M ETF Inflows and Altcoin Upside
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800
BTCUSD Flat Ahead of Peace Talks: Dip-Buy Near 75k Opens Path to 80k–90k Targets
FxWirePro: GBP/USD falls as fragile ceasefire keeps investors on edge
FxWirePro: USD/ JPY remains buoyant, looks to extend gains
EURUSD Bearish Tilt: Sell Rallies Near 1.1730 as Safe-Haven Demand Keeps 1.16 in Sight
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus 



