Since early November, when China initially hinted at lifting statewide Covid restrictions, a basket tracking assets linked to the Chinese reopening story has surged by 22%.
In the last 11 weeks, the China reopening basket, which is equally weighted with copper , Korean won , Australian dollar , and the Hang Seng index , has outperformed a global stock market...
The trend of Japanese Yen and Korean Won within most of year 2022, as can be observed when reading together with the chart of USinterest rate, show how closely linked their relationship are.
Recently government of relevant countries have been attempting to change this situation by putting money into the foreign currency exchange market, but as long as interest...
HELLO GUYS THIS MY IDEA 💡ABOUT KRW is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for...
HELLO GUYS THIS MY IDEA 💡ABOUT KRWUSD is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for...
HELLO GUYS THIS MY IDEA 💡ABOUT KRWEUR is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason...
✅USD_KRW was trading in an uptrend
But after the retest of the horizontal resistance
On the daily time-frame
The pair broke the rising support
And after the pullback bearish continuation is likely
SHORT🔥
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USDKRW reversed off its resistance at 1178.48 where it could potentially drop further to 1169.57.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDKRW expected to rise up to 1st resistance at 1175.78 where it could potentially react off and drop down to 1st support at 1150.98.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDKRW approaching support at 1150.98 where it could potentially rise further to 1175.78.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
