FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: USD/JPY catches bid ahead of BoJ meeting 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
- USD/TWD is currently trading around 30.33 marks.
- It made intraday high at 30.41 and low at 30.22 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 30.50 marks.
- A daily close above 30.39 will drag the parity up towards key resistances around 30.50, 30.69, 30.90, 31.02, 31.15, 31.26, 31.78, 31.98, 32.12, 32.25, 32.43 and 32.63 marks respectively.
- On the other side, key support levels are seen at 30.20, 30.06, 29.92, 29.85, 29.76 and 29.61 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.
