- EUR/KRW is currently trading around 1,305 mark.
- Pair made intraday high at 1,305 and low at 1,298 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 1,298 mark.
- A sustained close above 1,306 will take the parity higher towards key resistances around 1,315, 1,327, 1,338, 1,358 and 1,380 marks respectively.
- On the other side, a daily close below 1,298 will drag the parity down towards key supports around 1,294, 1,286, 1,277, 1,267, 1,258, 1,246, 1,234 and 1,222 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Seoul shares open up 0.26 pct.
- Korea, South July 2018 Nikkei markit manufacturing PMI decrease to 48.3 vs previous 49.8.
- Korea, South July 2018 CPI growth increase to 0.2 % (forecast 0.4 %) vs previous -0.2 %.
- Korea, South July 2018 export growth prelim increase to 6.2 % (forecast 7 %) vs previous -0.2 %.
- Korea, South July 2018 import growth prelim increase to 16.2 % (forecast 16.6 %) vs previous10.8 %.
We prefer to take short position on EUR/KRW only below 1,298, stop loss at 1,315 and target of 1,277.


NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
FxWirePro: AUD/USD cedes early gains ,outlook bearish
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro- Woodies pivot (Major)
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
FxWirePro: USD/CNY edges higher, outlook bearish
FxWirePro: AUD/USD firms after upbeat consumer spending data
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 



