USD/THB: Down 0.05% to 33.0970 — RSI Oversold
· Forex · MarketsFN Team
USD/THB: Down 0.05% to 33.0970 — RSI Oversold
Published: August 14, 2026 · MarketsFN Team · US Session · Emerging FX
| Pair | Rate | Change | RSI(14) | SMA-20 | SMA-50 | 52W High | 52W Low | Pivot | R1 | S1 |
|---|---|---|---|---|---|---|---|---|---|---|
| USD/THB | 33.0970 | -0.05% | 28.3 | 33.3242 | 33.1813 | 33.7470 | 30.5160 | 33.1037 | 33.1933 | 33.0243 |
S/R Support & Resistance Levels
Dynamic Trendlines
| Level | Type | Direction | Distance |
|---|---|---|---|
| 32.0593 | 20d Support | down (descending) | -3.14% / 10377.3 pips |
| 33.2227 | 20d Resistance | down (descending) | +0.38% / 1256.9 pips |
| 32.2075 | 50d Support | flat (flat) | -2.69% / 8895.2 pips |
| 34.1485 | 50d Resistance | up (ascending) | +3.18% / 10515.3 pips |
Static Levels
| Level | Type | Touches | Distance |
|---|---|---|---|
| 32.2535 | Support | 2x | -2.74% / 9085.0 pips |
| 32.1345 | Support | 2x | -3.10% / 10275.0 pips |
| 31.5685 | Support | 2x | -4.81% / 15935.0 pips |
USD/THB is trading at 33.0970 (-0.05%) as it continues to reflect a downtrend, remaining below both the 20-day simple moving average (SMA) at 33.3242 and the 50-day SMA at 33.1813. The current price is situated within a descending 20-day dynamic channel, with the nearest dynamic support trendline at 32.0593, which is 10377.3 pips below the current rate, and the dynamic resistance trendline at 33.2227, just 1256.9 pips above.
In terms of static support and resistance levels, the closest static support level is S1 at 32.2535, which is 9085.0 pips away, while the nearest resistance level is R1 at 33.1933, located 96.3 pips above the current price. The RSI(14) reading of 28.3 indicates that the pair is in oversold territory, suggesting potential for a short-term rebound, although the prevailing trend remains bearish.
Looking ahead, the short-term outlook for USD/THB appears cautious. The market may be underpricing the potential for a corrective bounce given the oversold RSI, but the overall downtrend and proximity to significant support levels suggest that any upward movement could be limited. A decisive break below the S1 level at 32.2535 would further confirm bearish sentiment, while a rally past R1 at 33.1933 could signal a shift in momentum.
Disclaimer
The content on MarketsFN.com is provided for educational and informational purposes only and does not constitute financial advice. All investments involve risk and past performance does not guarantee future results.