- USD/THB is currently trading around 31.83 marks.
- It made intraday high at 31.83 and low at 31.76 marks.
- Intraday bias remains neutral till the time pair holds key support at 31.70 mark.
- On the top side, key resistances are seen at 31.92, 32.02, 32.10, 32.22 and 32.54 marks respectively.
- Alternatively, a daily close below 31.78 will drag the parity down towards key supports around 31.70, 31.58, 31.42, 31.28, 31.20 and 31.06 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:NZD/USD drifts lower, could be on verge of bigger drop
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: AUD/USD downside pressure builds, key support level in focus
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro- Woodies Pivot(Major)
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: EUR/AUD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: USD/CNY dips as China’s yuan strengthens on Iran war de escalation hopes
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions 



