- USD/TWD is currently trading around 30.89 marks.
- It made intraday high at 30.92 and low at 30.84 marks.
- Intraday bias remains neutral till the time pair moves in stiff boundaries from 30.50 to 30.90 mark.
- A daily close above 30.94 will drag the parity up towards key resistances around 31.02, 31.18, 31.28, 31.42 and 31.77 marks respectively.
- On the other side, key support levels are seen at 30.70, 30.56, 30.45, 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 9,865.00 points.
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: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: EUR/NZD edges lower but bullish outlook persists
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro- Major European Indices
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 



