- USD/THB is currently trading around 32.61 marks.
- It made intraday high at 32.67 and low at 32.61 marks.
- Intraday bias remains neutral for the moment.
- On the top side, key resistances are seen at 32.65, 32.90, 33.05, 33.20, 33.37, 33.52, 33.78 and 33.96 marks respectively.
- Alternatively, a daily close below 32.65 will drag the parity down towards key supports around 32.42, 32.27, 32.18, 32.02 and 31.85 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro-Major European Indices
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: EUR/NZD edges lower but bullish outlook persists
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 



