- EUR/KRW is currently trading around 1,290 mark.
- Pair made intraday high at 1,291 and low at 1,290 levels.
- Intraday bias remains neutral till the time pair holds key support at 1,289 mark.
- A sustained close above 1,297 will take the parity higher towards key resistances around 1,307, 1,315, 1,327, 1,338, 1,358 and 1,380 marks respectively.
- On the other side, a daily close below 1,289 will drag the parity down towards key supports around 1,277, 1,267, 1,258, 1,246 and 1,234 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Seoul shares open up 0.27 pct.
- Korea, South Oct 2018 trade balance prelim decrease to 6.55 usd vs previous 9.57 usd.
- Korea, South Oct 2018 Nikkei markit manufacturing PMI decrease to 51 vs previous 51.3.
- Korea, South Oct 2018 CPI growth mm decrease to -0.2 % (forecast -0.25 %) vs previous 0.7 %.
- Korea, South Oct 2018 CPI growth yy increase to 2 % (forecast 1.7 %) vs previous 1.9 %.
We prefer to take short position on EUR/KRW only below 1,289, stop loss at 1,302 and target of 1,277/1,267.


FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 



