empty
 
 

2017.04.2700:14:00UTC+00Fxwirepro: Usd/twd Hovers Around 30.00 Mark, Bias Remains Neutral

  • USD/TWD is currently trading around 30.08 marks.
     
  • It made intraday high at 30.15 and low at 30.00 marks.
     
  • Intraday bias remains neutral till the time pair holds key support at 30.00 marks.
     
  • A daily close above 30.10 will drag the parity up towards key resistances around 30.27, 30.40, 30.69, 30.90, 31.02, 31.15, 31.26, 31.78, 31.98, 32.12, 32.25, 32.43 and 32.63 marks respectively.
     
  • On the other side, key support levels are seen at 29.92, 29.85, 29.76 and 29.61 marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
     
  • Taiwan’s market was trading 0.13 percent lower at 9,843.93 points.

We prefer to take short position in USD/TWD only below 29.90, stop loss at 30.27 and target of 29.76/29.61.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback