USD/THB: Down 0.23% to 33.0140 — RSI Oversold
· Forex · MarketsFN Team
USD/THB: Down 0.23% to 33.0140 — RSI Oversold
Published: August 17, 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 | 33.0140 | -0.23% | 25.1 | 33.2919 | 33.1849 | 33.7470 | 30.5160 | 33.0980 | 33.2150 | 32.9730 |
S/R Support & Resistance Levels
Dynamic Trendlines
| Level | Type | Direction | Distance |
|---|---|---|---|
| 32.0165 | 20d Support | down (descending) | -3.02% / 9975.1 pips |
| 33.1813 | 20d Resistance | down (descending) | +0.51% / 1673.5 pips |
| 32.2016 | 50d Support | flat (flat) | -2.46% / 8123.9 pips |
| 34.1672 | 50d Resistance | up (ascending) | +3.49% / 11531.7 pips |
Static Levels
| Level | Type | Touches | Distance |
|---|---|---|---|
| 32.2535 | Support | 2x | -2.34% / 7725.0 pips |
| 32.1345 | Support | 2x | -2.70% / 8915.0 pips |
| 31.5685 | Support | 2x | -4.41% / 14575.0 pips |
USD/THB is trading at 33.0140 (-0.23%) as it continues to exhibit a downtrend, remaining below both the 20-day simple moving average (SMA) of 33.2919 and the 50-day SMA of 33.1849. The current price is situated within a descending dynamic channel, with the nearest dynamic support trendline at 32.0165, which is 9975.1 pips below the current rate, and the dynamic resistance trendline at 33.1813, 1673.5 pips above.
In terms of static levels, the closest support level is S1 at 32.9730, which is 41.0 pips away, while the nearest resistance level is R1 at 33.2150, 201.0 pips above the current price. The Relative Strength Index (RSI) is at 25.1, indicating that the currency pair is in oversold territory, suggesting potential for a corrective bounce in the near term.
The short-term outlook remains cautious as the market grapples with bearish momentum. The proximity to key static support at S1 may provide a temporary floor, but the overall trend is still downward, and any rally would likely face resistance at R1. Traders should watch for a potential shift in momentum, particularly if the price can break above the dynamic resistance trendline at 33.1813, which could signal a change in sentiment. Conversely, a breach below S1 could lead to further declines towards the next static support levels.
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.