The Thai baht over the past week started out the week sideways, but like the Singapore dollar ended the week up. This pair is a bit more impacted recently from political risk surrounding its election and because of this we may see more volatility not related to technical or fundamental components. Nonetheless, its important to keep in mind the overall trend...
Ordinary least squares method suggests we are still trending down in this pair even as many other Southeast Asian currencies are trending much further down such as USDSGD as can be seen here: In that respect, Thailand is an under-performer, but momentum has stalled even though some of the technicals are pointing towards a bit of an upward rebound. However, I am...
Using the basically technical analysis (Support and Resistance) and fundamental. I expected the price of PTT will go up in the short term depend on the oil price. Based on the oil price, now the price of it also touched the resistance at 42.20 US per Barrel in D time frame then the price go up to approximately 48.20 because of OPEC. Now we should looking closely...
the buy candle stick occurred at support line 22. Consider as buy signal the stock performing bullish flag the target price 26/28 which is 15% from this point is might irresistible trade.
The previous review of the USD/THB currency exchange rate concentrated on the newly formed less steep bullish pattern. On Tuesday, the pattern was still in force, as the currency exchange rate was declining in the borders of it. However, something else attracted the attention of Dukascopy Analytics. Namely, a long term, large scale channel up pattern was spotted...
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.
There is something about the USD/THB pair that you can observe only by changing the time frames of the charts while having set up them to show the 200-period simple moving average. Namely, the most important is the fact that the currency exchange rate has passed the 200-day SMA, which has kept the pair lower since the start of 2017. In addition, the four hour...
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...
My concept chart 1. one troy ounce is exactly 31.1034768 grams, 2. Thai gold 1 baht = 15.244 grams. Thai gold have relation between XAUUSD and USDTHB but "Thai gold price" was declared from "Gold Traders Associations" (www.goldtraders.or.th) . It have some different price from calculation method , step of price , fee , political ,market in Thai and ... Blahh...
The double bottom is not confirmed yet: the day has to close above the horizontal line. But if it closes: consider going long.