- EUR/KRW is currently trading around 1,296 mark.
- Pair made intraday high at 1,296 and low at 1,293 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 1,302 mark.
- A sustained close above 1,295 will take the parity higher towards key resistances around 1,302, 1,308, 1,315, 1,327, 1,338, 1,358 and 1,380 marks respectively.
- On the other side, a daily close below 1,292 will drag the parity down towards key supports around 1,282, 1,277, 1,267, 1,258, 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.
- Seoul shares open up 0.56 pct.
- Korea, South Aug 2018 consumer sentiment index decrease to 99.2 balance vs previous 101 balance.
We prefer to take long position on EUR/KRW only above 1,298, stop loss at 1,290 and target of 1,315.


Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: USD/JPY steadies around 158.75, bias bullish
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
FxWirePro- Woodies Pivot(Major)
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro -Major European Indices
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite 



