The US Dollar is seeing mixed performance against ASEAN currencies. The Philippine Peso may be at a turning point as the Thai Baht looks vulnerable. What are key levels to watch? Get your market update from ddubrovskyFX here:
The US Dollar aimed cautiously higher against the Thai Baht this past week, closing above the 33.463 – 33.572 resistance zone. This also followed a break above the falling trendline from December. Still, upside progress has been lacking and negative RSI divergence continues to persist. A bullish Golden Cross also remains in play between the 20- and 50-day SMAs. Further gains expose the 33.861 – 34.000 resistance zone. Beyond the latter sits the July 2017 high at 34.149.
Turning lower and falling below the SMAs could open the door to revisiting lows from February.The US Dollar aimed slightly higher against the Indonesian Rupiah last week, but USD/IDR remains mostly in a consolidative state. Guiding the pair higher appears to be rising support from November. Key resistance seems to be the 14402 – 14438 zone. Clearing the latter would shift the outlook increasingly bullish, exposing the 14465 inflection point before the July high kicks in at 14560.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NZD/USD bears in control as US dollar firmsAt 0.6944, NZD/USD is trading lower on the day so far by some 0.23% after sliding from a high of 0.6963. The US dollar is firm in the open following i
Read more »
God is with us to seek to bring Shalom to us and the worldEvery once in a while I will hear someone comment that everything happens for a reason. Usually this comment is about a terrible situation where something very good came out of it. Serendipitous moments need celebrating, but I think it…
Read more »
S&P 500 is dropping but clings to 4500, as US stocks opened mixedUS equities are trading mixed after Wall Street’s opened two hours ago. The losers are the S&P 500 and the Dow Jones Industrial Average, each losing b
Read more »
Apple Is Making Us Want to Buy the iPad Pro AgainApple is expected to debut an upgraded iPad Pro with an M2 chip and MagSafe charging later this year.
Read more »
US Capitol reopening for limited public tours after 2 yearsICYMI: The U.S. Capitol will reopen to the public on Monday for guided tours for limited groups of people who have registered in advance.
Read more »
US-backed group gets lifesaving meds to Ukrainians amid warThousands of patients in Ukraine are receiving lifesaving medicines to treat HIV and opioid addiction through a U.S.-funded group still operating despite the Russian invasion. Officials say the quiet work of the Alliance for Public Health shows how American assistance is reaching individuals in the besieged nation, on a different wavelength from U.S. diplomatic and military support for the Ukrainian government. The Ukraine-based humanitarian organization has operated for more than 20 years.
Read more »