- EUR/KRW is currently trading around 1,305 mark.
- It made intraday high at 1,306 and low at 1,304 levels.
- Intraday bias remains neutral till the time pair holds key support at 1,302 mark.
- A sustained close above 1,304 will take the parity higher towards key resistances around 1,317, 1,327, 1,347, 1,363, 1,373, 1,410 and 1,434 marks respectively.
- On the other side, a daily close below 1,302 will drag the parity down towards key supports around 1,294, 1,287, 1,278 and 1,268 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Korea CPI y/y Sept stands at -0.4 pct vs 0.0 pct previous release (expected -0.3 pct).
- South Korea Sept trade balance stands at 5.97B vs 1.65B previous release.
- South Korea Nikkei manufacturing PMI Sept stands at 48.0 vs 49.0 previous release (expected 48.1).
We prefer to take short position on EUR/KRW around 1,305, stop loss 1,317 and target of 1,287/1,278.


FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro- Major European Indices
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro- Major Pair levels and bias summary
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: AUD/ USD strongly bearish despite upside attempts 



