FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115? 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000? 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15 
FxWirePro- Major European Indices 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
- USD/KRW is currently trading around 1190 levels.
- Overnight South Korea released GDP data with positive numbers.
- South Korea’s Q1 GDP growth increases to 0.5 % vs previous 0.4 % and year on year growth increases to 2.8 % vs previous 2.7 %.
- Intraday bias remains neutral till the time pair holds key resistance at 1195 marks.
- A daily close above 1194 is required to drag the parity higher towards key resistances at 1195, 1201, 1209 (20D EMA) and 1220 (March 03, 2016 high) marks respectively.
- Alternatively, a sustained close below 1182 will tests key supports at 1172, 1162, 1153 (November 2015 low) /1142 (20D EMA)/ 1134/1127 (October 2015 low) /1121/1115 levels respectively.
- Daily chart showing the 20D EMA has crossed over 30D and 55D EMA, which signals bullish trend. In addition, a sustained close above 1194(high as on May 24, 2016) is also required to confirm the same.
We prefer to take long position in USD/KRW only above 1194, stop loss 1177 and target 1209 marks.
