Usdthbshort
3rd top in 14 years on USDTHBUSDTHB is trying again to break above for the 3rd time in 14 years.
I feel the chances are for a good for an initial pull-back
OANDA:USDTHB
USDTHB is in possible buy zone!!USDTHB( D ) is moving in a strong up trending market.
creating a series of higher high and higher low. Currently, the price has just tested daily previous swing high previous resistance as support and it is weekly 50% fib level. On a daily there is a strong rejection candle has formed. It is a high probability that USDTBH will continue to rise from this level in the new trading week.
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USDTHB top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
📢USD/THB update short after a correction this pair is on the watch list. We have a breakout of a range. We just need to see a correction for continuation. This pair is on the watchlist 👍
USDTHB bounced from support, potential for a further rise!
USDTHB bounced off 30.150 where it could potentially rise further to 30.467.
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Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDTHB hits the support of channel | a good long opportunityThe priceline of USDTHB is moving within an Up channel and hits at the channel's support.
The MACD is turning bullish.
RSI is oversold.
Stochastic is oversold and gave bull cross.
The sell targets are as below:
Short between: 30.912 to 30.966
Regards,
Atif Akbar (moon333)
USD/THB: Swing-Setup! Very good chance to sell!Hey tradomaniacs,
welcome to another free signal!
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Type: Day-Swingtrade
Sell-Stop: 31,763
Stop-Loss: 31,798
Target 1: 31,688 - 31,677
Target 2: 31,610
Target 3: 31,590
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Peace and good trades
Irasor
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USDTHB Downward Trend Continues 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 remains downward sloping and a continued weakening of the US dollar. Moreover, price action remained in theshort-term trend line resistance range at the week's end reinforcing the notion that linear downward resistance is difficult to break. Additionally, the technical picture for USDTHB over the next week looks like it could revert back to the mean where RSI points towards overbought and the bull bear indicator suggests USDTHB long is overcrowded. Meanwhile, exponential moving averages also suggest continuation of our downward trend. In sum, USDTHB is still short.
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