Trial now

Maintains A Bullish Tone


Tech Bounce Saves NASDAQ Blushes


Oil Erases Early Losses on Supply Scramble

Bulls Now Need Close Above.........>

DOLLAR-THB TECHS: Bulls Now Need Close Above Thb33.41
*RES 4: Thb33.70 - High July 20 
*RES 3: Thb33.62 - 55-DMA 
*RES 2: Thb33.53 - High July 26 
*RES 1: Thb33.41 - High July 27
*PRICE: Thb33.23 @ 2300GMT
*SUP 1: Thb33.27 - 21-DMA 
*SUP 2: Thb33.14 - 2017 Low Aug 11 
*SUP 3: Thb33.13 - Low May 5 2015 
*SUP 4: Thb32.98 - Monthly Low May 1 2015
*COMMENTARY: Bulls take comfort as the pair looks to gain traction on closes
above the 21-DMA. Bulls now need a close above Thb33.41 to confirm an easing of
bearish pressure and above Thb33.53 to shift focus to Thb33.62-80 where the
55-DMA and bear channel top are located. Narrowed Bollinger bands remain
suggestive of a breakout. Bears need a close below the 21-DMA to ease pressure
on initial resistance.