Today's TWD to USD Price Update

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Summary

This report provides the real-time exchange rate between the Taiwan Dollar (TWD) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Taiwan Dollar (TWD) is the official currency of the Republic of Taiwan. The exchange rate between them reflects market sentiment regarding Taiwan’s economic conditions and trade dynamics, as well as investor confidence in the relative stability of both currencies.

Today’s Price

  • 1 TWD = 0.0318 USD
  • 24h High: 0.031797 USD
  • 24h Low: 0.031608 USD

Market Analysis

Recently, TWD’s price movement against the USD has been influenced by Taiwan’s trade balance dynamics and broader macroeconomic conditions. Taiwan’s reliance on imports and its trade relationship with the United States significantly impact the USD/TWD exchange rate, with trade surplus conditions generally supporting the Taiwan Dollar while deficits exert downward pressure.

  • Technical levels: Key resistance levels identified at 0.0325, 0.0335, and 0.0346 USD
  • Risk note: Recent technical analysis indicates mixed signals, with forecasts suggesting a potential decline of approximately -0.86% in the near term
  • Trading opportunities: Monitor price action around support and resistance zones for potential entry points

Conclusion

Continue to monitor the TWD/USD pair closely, integrating Taiwan’s trade dynamics and macroeconomic indicators with technical analysis. Traders should remain vigilant regarding equity outflows and broader economic shifts that could impact currency valuations in the coming weeks.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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