- USD/THB is currently trading around 34.04 marks.
- It made intraday high at 34.04 and low at 34.02 marks.
- Intraday bias remains bullish for the moment.
- On the top side, key resistances are seen at 34.02, 34.27, 34.34, 34.48, 34.55, 34.67, 34.74, 34.82, 34.97, 35.11 and 35.20 marks respectively.
- Alternatively, a daily close below 34.00 will drag the parity down towards key supports around 33.92, 33.82, 33.74, 33.58, 33.01 and 32.54 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.
We prefer to take long position in USD/THB around 34.02, stop loss 33.92 and target of 34.27.


FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro- Woodies Pivot(Major)
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro- Major European Indices
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 



