• USD/THB is currently trading around 31.76 marks.
• It made intraday high at 31.78 and low at 31.74 marks.
• Intraday bias remains bullish till the time pair holds key support at 31.58 mark.
• On the top side, key resistances are seen at 31.78, 31.92, 32.02, 32.10, 32.22 and 32.54 marks respectively.
• Alternatively, a daily close below 31.77 will drag the parity down towards key supports around 31.58, 31.42, 31.28, 31.20, 31.06, 30.94, 30.20 and 29.66 marks respectively.
• Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
• Thailand will release forex reserves and currency swap data at 0730 GMT.
We prefer to take long position on USD/THB only above 31.78, stop loss 31.70 and target of 31.92/32.02 mark.


FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD downside pressure builds, key support level in focus
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro- Major European Indices
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns 



