- USD/KRW is currently trading around 1,118 levels.
- It made intraday high at 1,118 and low at 1,112 marks.
- Intraday bias remains bullish till the time pair holds key support at 1,107 levels.
- A sustained close below 1,107 will test key supports at 1,092/1,078/1,063/1044 levels respectively.
- Alternatively, a daily close above 1,128 will drag the parity higher towards key resistances at 1,128, 1,138, 1,142, 1,152, 1,162, 1,176, 1,182, 1,196, 1,201, 1,209 (20D EMA) and 1,220 (March 03, 2016 high) marks respectively.
- In addition, South Korea’s Kospi was trading around 0.80 percent lower at 2,018.32 points.
- South Korea’s July current account balance decreases to 8.32 bln $ vs previous 11.43 bln $.
- South Korea’s August CPI growth decreases to -0.1 % (forecast 0.20 %) vs previous 0.1 %.
- South Korea’s August trade balance prelim decreases to 5.3 bln $ vs previous 7.60 bln $.
- South Korea’s August Nikkei markit manufacturing PMI decrease to 48.6 vs previous 50.1.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


FxWirePro- Woodies Pivot(Major)
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major European Indices
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD moves lower on weak UK data
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 



