USDTHB Eyes US DataUSD/THBOANDA:USDTHBYES_Group- Yesterday Recap 2/9/26 Yesterday, USDTHB closed at 33.31 in the Thai market. Meanwhile, ADP Nonfarm Employment Change came in at 38K, below the forecast of 47K and the previous reading of 44K, reflecting a weakening US labor market and putting pressure on the USD. Meanwhile, Factory Orders MoM came in at 0.6%, improving from the previous reading of -0.3%. However, the market continued to place greater emphasis on labor market data. Oil prices also declined after signs emerged that the US-Iran conflict may not be prolonged, while oil flows through the Strait of Hormuz began to recover. This helped ease supply concerns and reduced safe-haven demand for the USD. Fundamental 3/9/26 Key Economic Releases | Forecast | Previous US: 19:30 — Initial Jobless Claims | 205K | 203K US: 21:00 — ISM Services PMI | 54.1 | 54.1 Today, the USD market will focus mainly on Initial Jobless Claims and ISM Services PMI. Initial Jobless Claims are expected to rise to 205K from 203K. A reading above expectations would signal further weakness in the US labor market and put pressure on the USD, while a lower-than-expected figure would support the dollar. Meanwhile, ISM Services PMI is expected to remain unchanged at 54.1, which is still above the 50 level and indicates continued expansion in the US services sector. A stronger-than-expected reading would support the USD, while a weaker-than-expected figure could add pressure to the dollar. Overall, USDTHB is expected to remain volatile within a range, with the market focusing on US labor market data, ISM Services PMI, and overall USD direction, particularly ahead of Friday's Nonfarm Payrolls (NFP) release, which will be an important factor for expectations regarding the Fed's interest-rate outlook. Technical Analysis – USDTHB 1H USDTHB has started to weaken after failing to hold above 33.20, while the short-term structure has shifted to a Lower High pattern. The current price is also trading below the key EMA levels. If the price breaks below 33.08, it could move lower to test 33.00. However, if USDTHB manages to reclaim and hold above 33.20, the bearish outlook would begin to weaken. Bias: Sideway to Bearish Resistance: 33.20 Support: 33.08 / 33.00 Target: 33.08 → 33.00 Cut Loss: Above 33.20