Free Trial
JGB TECHS

(U2) Regaining Stability

NZD

NZD Outperforms, Trade Data On Tap

AUSSIE BONDS

A Touch Better Bid At The Re-Open

AUD

AUD/USD Back Sub 0.6900​​

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Bulls Need Close Above 21-DMA......>

DOLLAR-THB TECHS
DOLLAR-THB TECHS: Bulls Need Close Above 21-DMA
*RES 4: Thb33.55 - Daily Bear channel top 
*RES 3: Thb33.53 - High July 26 
*RES 2: Thb33.41 - High July 27, 55-DMA 
*RES 1: Thb33.18 - 21-DMA
*PRICE: Thb33.13 @ 2300GMT
*SUP 1: Thb33.01 - 2017 Low Sept 7 & 8 
*SUP 2: Thb32.98 - Monthly Low May 1 2015 
*SUP 3: Thb32.55 - Daily Bear channel base 
*SUP 4: Thb32.52 - Low Apr 27 2015
*COMMENTARY: Hesitation ahead of May 2015 monthly lows continues with the 21-DMA
continuing to cap. Bulls need a close above the 21-DMA to confirm an easing of
bearish pressure. Bulls then need a close above the 55-DMA to shift focus to
layers of resistance Thb33.53-55 where the longer-term bear channel top is
located. Bears still need a close below Thb32.98 to retain focus on Thb32.52-55
where a channel base it noted.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.