invalidation below yellow line recon we tag the 200 ema by day after then continue to smash the downtrend
will reassess at yellow line but for now force is strong and recovery time
Thailand Factory Activity Shrinks for 9th Month
Thailand Private Investment Falls in March
Thailand Personal Spending Drops in March
Thailand Current Account Surplus Narrows Sharply
Thailand Retail Sales Growth Eases to 5-Month Low
Thailand Industrial Output Falls More than Expected
Thailand Imports Notch 10-Month Peak
Thailand Unexpectedly Posts Trade Gap in...
I forecast this to predict the price of USDTHB
for Thais, you better diversify some of your portfolio to USD and never hold the THB just for now
It's interesting to see that the price is significantly increasing due to time even it was hit around 38 bucks last two years
USDTHB is consolidating in a very small region at the end of March 2024 . USDTHB has got a history of breakout's. Million dollar Question? Will the price breakout in coming days. How far price can go? and what is going to be the course of action in days to come.
Based on previous Black Friday Sales, it is clear to me that Aha! Now I know #002 is the next pre-release initial investors buying in cheap period before the other market players catch on.
There is never certainty that this time round's Black Friday Sales will be a success, and if it happens to fail, I would exit for a small loss as usual, probably at 40% of my...
Over here I would be interested in a short side trade into the DOL. The only concern is that the sweep of order block as highlighted. Expecting for a bounce and then a sell possibility. the sell zone is where i would be interested in, acting as a premium array. OANDA:USDTHB
The Bank of Thailand has decided to keep its key interest rate steady despite political pressure, as a divided vote raises expectations of a more dovish stance. This decision comes amidst uncertainties in the global economy and concerns about the impact of the Omicron variant.
this is my idea for this week about usdthb using supply demand zone and key level ,this video is not a finacial advice trading require a lot of knowledge .
THB has been in a strength reversal from a previously weaking USD.
Watch how it approaches the previous pivot high to assess whether USDTHB will continue with its bullish run to test the previous months high.
"Don't overlook this USD/THB sell opportunity, targeting 35.60154. The trade carries a 24-hour deadline, and if the target isn't reached before the daily candle close, the trade becomes invalid. Updates will follow as necessary."
Wait for confirmed break of Channel before entering a Short trade.
A Divergence on the MACD indicator is suggesting price is losing some upward momentum
Price make higher high and higher low
then price reject to go lower when the prime minister announce about Heli copter money to digital wallet for citizen in thailand 10,000 baht per head/ im not sure about the details. but its clear that this would led thai baht depreciate against usd in the mid term
Hey everyone! Hope you're having a blessed weekend! Wanted to come on here and make a post for a potential short opportunity I see here on USDTHB (THAI BAHT). So when taking a look at this chart on the higher TF (context) you can see that price has been rising for quite some time. Showing us that prices are due for a correction of some sort, even potentially a...
USD will continue to rise against BTH in the coming months. The expected growth of the dollar against the Thai baht over the next year will be about 20%. But a stronger movement is possible. On the chart, the timeframe is 15 weeks.
