- USD/THB is currently trading around 34.96 marks.
- It made intraday high at 34.97 and low at 34.90 marks.
- Intraday bias remains neutral till the time pair holds key support at 34.91 mark.
- On the top side key resistances are seen at 35.00, 35.11, 35.20, 35.32, 35.42, 35.62, 35.74, 35.84, 35.93, 36.01, 36.08 and 36.39 marks respectively.
- Alternatively, a daily close below 34.91 will drag the parity down towards key supports around 34.83, 34.64, 34.51 and 34.20 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 short position in USD/THB around 34.99, stop loss at 35.11 and target of 34.83.


FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: GBP/USD bulls remain cautiously optimistic
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: USD/JPY holding bid into weekend
FxWirePro -Major European Indices
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 



