USDTHB trade ideas
WHAT’S FLOWING: INDEX / ENERGY / FX ( USDTHB* ) Today’s “What’s Flowing” highlights shifting market trends across FX, commodities, and indices. The sentiment tags—Bullish, Bearish, or Neutral—provide a high-level view of price action dynamics
📌 Key Market Sentiment Overview
🔵 Indices & Commodities
• US30 (Top Left) – NEUTRAL
• Market stalling near 45,000 resistance, awaiting a breakout or rejection.
• Crude Oil (CL1! – Top Middle) – NEUTRAL to BULLISH
• Bounce from 74–75 zone, indicating potential upside.
• Silver (XTIUSD – Top Right) – BULLISH
• Strong demand zone holding, buyers stepping in.
🟢 FX Pairs & Crosses
• NZD/CHF (Bottom Left) – BULLISH
• Momentum building above 0.51, potential for higher highs.
• GBP/CHF (Top Right) – BULLISH to NEUTRAL
• Buyers struggling near resistance; may consolidate.
• GBP/USD (Bottom Right) – BULLISH to NEUTRAL
• Long-term uptrend slowing; possible retracement.
🔴 Bearish Signals to Watch
• XRB/USD (Top Center) – BEARISH to NEUTRAL
• 78 level rejection, but discount zone could attract buyers.
• EUR/CAD (Bottom Middle) – BEARISH
• 1.48 rejection, potential for further downside.
• CAD/JPY (Bottom Center) – BEARISH
• Lower highs forming, further downside possible.
🔍 Key Takeaways & Potential Setups
✅ Watch US30 for breakout levels – above 45K is bullish, below 44K bearish.
✅ Crude oil upside trade if 75 holds as support.
✅ NZD/CHF bullish above 0.51 for continuation.
✅ Bearish CAD/JPY setup if resistance holds.
#WhatsFlowing #MarketSentiment #Forex #Indices #Commodities
USD/THB Bullish Pennant Breakout in Daily Time FrameIn the daily time frame, USD/THB has formed a bullish pennant pattern, and we are currently seeing a breakout. If we measure the target from the bottom of the pattern, it aligns with the pink resistance zone. This area could be a good place to consider reducing positions or potentially entering a short, depending on how the price reacts at this key level.
USDTHB a good runner when the Dollar is strong
This pair has been quiet this week, which is why I think it will start running again today.
USD CHF struggles a bit for longer term direction as technically price is below the the daily 200ema which of course presents a bearish scenario.
What I also like about Long USDTHB is that you can see in the 30m chart its price action has recently exited a huge 30m falling-wedge & triangle that complicated its Long-momentum.
The USD is expected to strengthen on the back of recent weakness, so perhaps it wont be long until this gets above it's 200 daily ema.
Trade Signal: USDTHB - Sell OpportunityWe have identified a promising opportunity for the USDTHB currency pair. Our analysis, powered by the EASY Quantum Ai strategy, suggests a downward movement for this pair. Below are the trade details:
Direction : Sell
Enter Price : 33.12
Take Profit : 32.92633333
Stop Loss : 33.41233333
Rationale for the Trade :
1. Technical Indicators : The recent price action shows a consistent downtrend reinforced by moving averages and trend-following indicators. Resistance levels have been tested and failed to break through, indicating strong selling pressure.
2. Economic Data : The latest economic data points from the United States reveal weakening growth prospects. Coupled with dovish statements from the Federal Reserve, the USD appears to be under continued pressure.
3. Risk Sentiment : In the context of global financial markets, investors currently exhibit a risk-off sentiment due to geopolitical uncertainties, favoring less volatile currencies over USD.
4. Market Sentiment : Based on our sentiment analysis, the majority of traders are net short on USDTHB, which often precedes further downside movement as the majority are betting against the pair's rise.
Our EASY Quantum Ai strategy has consistently provided reliable signals by combining these factors into a cohesive model. We recommend monitoring this trade closely and adjusting positions in accordance with market developments.
Happy trading!
U.S. Dollar / Thai Baht - Reversal incoming ???Hey Traders
We have USD/THB here on chart, my weekly fundamentals are telling me we have a potential for a reversal from demand zone, if you follow my charts I am using weekly charts for my analysis and daily chart to zone in on demand or supply to get area more accurate to place our buy or sell limit.
So details are on chart where I am placing buy limit and sl and tp
Please like comment and follow cheers
This chart material is for education purposes only / Demo account should be traded only
THB Extended Wave 3: A Wave 4 Correction on the Horizon?
The USD/THB pair has experienced a notable strengthening of the Thai Baht, which has extended into a pronounced Wave 3, as indicated by the Elliott Wave pattern on the chart. This movement has driven the price down significantly, with the Fibonacci Extension level surpassing the critical 200% mark.
This substantial drop suggests that the third wave was particularly powerful, often referred to as an "extended wave," which is a common occurrence in strong trends. Traders observing this pattern may now be anticipating a Wave 4 correction. Typically, after such an extended move, the market tends to pause or retrace before continuing in the direction of the trend.
As we move forward, it will be crucial to watch for signs of this anticipated correction, which could offer opportunities for traders looking to capitalize on the pullback before the final fifth wave unfolds. The market’s behavior in the coming sessions will be critical in determining whether this correction materializes, providing a potential entry point for those who have been waiting on the sidelines.
Signal Alert: USDTHB - Buy OpportunityDirection: Buy
Enter Price: 36.05
Take Profit: 36.225
Stop Loss: 35.835
Dear Traders,
We have identified a potential buy opportunity for the USDTHB currency pair based on our thorough analysis using the EASY Quantum Ai strategy. Here are the factors that justify this prediction:
1. Technical Indicators: Our strategy highlights that USDTHB is currently showing strong bullish signals. Key technical indicators, including moving averages and RSI (Relative Strength Index), suggest upward momentum.
2. Market Sentiment: Positive market sentiment towards the USD, possibly due to recent economic data releases, increases the likelihood of a rise in value.
3. Economic Factors: Recent economic trends and data from the US indicate potential dollar strength, while the Thai Baht may be facing pressures from local economic challenges.
Our recommended Enter Price is 36.05. Based on our analysis, setting a Take Profit at 36.225 captures a favorable risk-reward ratio, while the Stop Loss at 35.835 ensures protection against potential downside risks.
We encourage you to consider this setup according to your trading plan and risk management practices.
Happy Trading!
Trade Signal: USDTHB PairDirection: Buy
Enter Price: 36.1
Take Profit: 36.335
Stop Loss: 35.83
Traders, we have identified a promising opportunity with the USDTHB currency pair. Here's why this trade deserves your attention:
1. Technical Analysis: The pair has shown a strong upward momentum recently, breaking through significant resistance levels. This price action suggests a continued bullish trend, making now an ideal entry point.
2. Economic Indicators: Recent economic data from the United States, including robust job growth and a healthy GDP report, suggests a stronger USD. In contrast, Thailand's economy has exhibited signs of slower growth, providing further support for USD strength.
3. Market Sentiment: General market sentiment towards the USD is positive, as investors continue to seek safe-haven assets amidst global economic uncertainties. This favorable sentiment is expected to sustain the upward trajectory of the USDTHB pair.
Our analysis and forecast are executed with the sophisticated EASY Quantum Ai strategy, ensuring a high level of precision and reliability in our predictions.
This is a prime opportunity to capitalize on the pair's anticipated movement. Execute the trade as per the specified levels and monitor the market for any developments that could impact your position.
Happy trading!
THB will be weak to 41!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 March
Thailand Car Sales Slump 29.83% in March
Bank of Thailand Leaves Rates Steady
USDTHB Technical Analysis. What's next?for April 2024USDTHB 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.
USDTHB Renewed Demand for USD In Short TermBased 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 1R risk. But it depends.
What I expect from here on is some insider buying and selling before international release of the USD which would drive demand upwards for the short term, where at the peak(hopefully) we would sell for a neat profit.
I am looking at this pair on the Daily, down to 4H, however, the train has departed on the 4H, and it is giving us a second chance at the toilet stop, which allowed us to hop on with little we have, hoping to sell what we have for a profit at townhall. The demand is not certain however, so we can only keep on trying. As long as we show up enough times, we will make a profit.
Just keep showing up, and cutting our losses quickly(to minimise internal damage) and cutting losses small(to prevent financial damage) and all will be good in the long run(hopefully).
1602SGT
25032024