Breaking the up trending channel $THB
This pair broke above the long term resistance (yellow) last month. EM currencies suffer a lot these days amid strong dollar and rising yields. USDTHB could finish triangular consolidation soon. The target for the further rise of USDTHB is set within the orange box at the 0.382-0.618 Fibonacci. Wait if price could break above the triangle's upside.
The US Dollar has been trading in an ascending channel against the Thai Baht for the last two months. This has guided the pair from its 2014/2018 low of 31.10 towards the 61.80% Fibonacci retracement at 32.20. From theoretical point of view, the pair has failed to form a new high this week which might be an early indication of a new wave down. In case the senior...
Everex ( EVX ) is in up trend channel. It offers good opportunity with right timing transactions. Side way strategy can be useful. Educational purposes only. Take your own risk. Chok Dee ( good luck )
Probably 24.2 would hold the price. 25 would be a good price to go change your dollar and fly to Thailand for holiday. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in...
thb seems to be weakening against the usd. i am looking at price to go up further towards then next zone at 35.4
Price broken previous low. Now at key resistance of THB25 Price has to break THB25 in order for it to go up, else more downwards to go.