Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: EUR/KRW moves directionless, stay neutral

  • EUR/KRW is currently trading around 1,282 mark.
     
  • It made intraday high at 1,282 and low at 1,280 levels.
     
  • Intraday bias remains neutral till the time pair moves in stiff boundaries from 1,289 to 1,268 mark.
     
  • A sustained close above 1,289 will take the parity higher towards key resistances around 1,289, 1,294, 1,307, 1,315 and 1,327 marks respectively.
     
  • On the other side, a daily close below 1,265 will drag the parity down towards key supports around 1,257, 1,246 and 1,234 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 0.42 pct.

We prefer to take long position on EUR/KRW only above 1,289, stop loss 1,278 and target of 1,294/1,307.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

May 24 19:00 UTC Released

USCattle Marketed

Actual

106.9 %

Forecast

106.6 %

Previous

97 %

May 24 19:00 UTC Released

USCattle Placed On Fd

Actual

108.7 %

Forecast

113 %

Previous

105 %

January 31 00:00 UTC 689582689582m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 689582689582m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 701402701402m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 689582689582m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 701402701402m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 689582689582m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 689582689582m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 689582689582m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.