- EUR/KRW is currently trading around 1,274 mark.
- It made intraday high at 1,275 and low at 1,274 levels.
- Intraday bias remains neutral till the time pair holds key support at 1,274 mark.
- A sustained close above 1,289 will take the parity higher towards key resistances around 1,294, 1,307, 1,315 and 1,327 marks respectively.
- On the other side, a daily close below 1,274 will drag the parity down towards key supports around 1,268, 1,257, 1,246 and 1,234 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Korea, South Jan 2019 consumer sentiment index increase to 97.5 vs previous 96.9 (revised from 97.2).
- Seoul shares open up 0.13 pct.
We prefer to take short position on EUR/KRW only below 1,274 mark, stop loss 1,289 and target of 1,257.


UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro- Major European Indices
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro- Major Pair levels and bias summary
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: GBP/NZD remains bullish as rally continues 



