Published at 02:56 (GMT) 18 Feb
18 Feb USD/THB Daily
00::53 GMT - With decline taken out the 38.2% retracement at 32.280 last session, further risk stays on the downside and current recovery should attract fresh sellers with resistance seen at 32.380. Below 32.220 low set previous session, bears targets lower support at 32.160 ahead of the 50% retracement mark at 32.010. [W.T]
R5: 32.74 6 Feb low
R4: 32.66 * 17 Jan low, break
R3: 32.62 13 Feb high
R2: 32.52 14 Feb high
R1: 32.38 17 Feb high
S1: 32.22 17 Feb low
S2: 32.16 12 Dec high, break
S3: 32.01 * 50% of 30.88-33.145 up-leg
S4: 31.99 16 Dec low
S5: 31.95 * 11 Dec low
Recommended Content
Editors’ Picks
AUD/USD bounces to 0.6450, shrugs off mixed Australian jobs data
AUD/USD is rebounding to test 0.6450 amid renewed US Dollar weakness in the Asian session on Thursday. The pair reverses mixed Australian employment data-led minor losses, as risk sentiment recovers.
USD/JPY bounces back toward 154.50 amid risk-recovery
USD/JPY bounces back toward 154.50 in Asian trading on Thursday, having tested 154.00 on the latest US Dollar pullback and Japan's FX intervention risks. A recovery in risk appetite is aiding the rebound in the pair.
Gold rebounds on market caution, aims to reach $2,400
Gold price recovers its recent losses, trading around $2,370 per troy ounce during the Asian session on Thursday. The safe-haven yellow metal gains ground as traders exercise caution amidst heightened geopolitical tensions in the Middle East.
Manta Network price braces for volatility as $44 million worth of MANTA is due to flood markets
Manta Network price was not spared from the broader market crash instigated by a weakness in the Bitcoin market. While analysts call a bottoming out in the BTC price, the Web3 modular ecosystem token could suffer further impact.
Investors hunkering down
Amidst a relentless cautionary deluge of commentary from global financial leaders gathered at the International Monetary Fund and World Bank Spring meetings in Washington, investors appear to be taking a hiatus after witnessing significant market movements in recent weeks.