| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro- Major Crypto levels and bias summary

FxWirePro- Woodies Pivot(Major)

FxWirePro: USD/JPY caught in narrow range, bias bearish

Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100

FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk

FxWirePro: AUD/USD dips on soft China data

FxWirePro: GBP/NZD gains some upside momentum but still bearish

FxWirePro- Major European Indices

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

FxWirePro- Woodies Pivot(Major)

FxWirePro: GBP/USD dips on UK GDP data miss

Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K

NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support

FxWirePro- Major Pair levels and bias summary

FxWirePro: AUD/USD hovers near three –month high, scope for further upside

FxWirePro: EUR/AUD trends higher, but faces potential pitfalls

FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet

©Econometrics LLC . All Rights Reserved.

FxWirePro: USD/KRW fails to break key support at 1142 mark, good to buy on dips

Tuesday, July 5, 2016 2:59 AM UTC

USD/KRW is currently trading around 1153 levels.
It made intraday high at 1154 and low at 1147 levels.
Intraday bias remains bullish till the time pair holds key support at 1142 mark.
A sustained break below 1142 will tests key supports 1134/1127 (October 2015 low) /1121/1115 levels respectively.
Alternatively, a daily close above 1152 will drag the parity higher towards key resistances at 1162, 1176, 1182, 1196, 1201, 1209 (20D EMA) and 1220 (March 03, 2016 high) marks respectively.
In addition, South Korea’s Kospi was trading 0.36% lower at 1,988.92 points.

We prefer to take long position in USD/KRW only above 1152, stop loss 1142 and target 1168/ 1176 respectively.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets

Global Leaders Condemn Deadly Antisemitic Shooting at Sydney’s Bondi Beach During Hanukkah

Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model

Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership

Ukraine’s NATO Concession Unlikely to Shift Peace Talks, Experts Say

California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FxWirePro: USD/KRW fails to break key support at 1142 mark, good to buy on dips

Editor's Picks

Welcome to EconoTimes