AceTraderforex Aug 6 : Daily Outlook on Asian Exotics USD/KRW


DAILY USD/KRW OUTLOOK - 1115.5
06 Aug 2013 05:40GMT

Usd’s breach of prev. low at 1113.6 suggests
fall fm last week’s top at 1127.5 wud yield further
weakness but sup at 1108.7 wud remain intact.

Trade fm short side with stop as indicated, abv
wud signal a temp. low is made, 1119.3.

STRATEGY : Short at 1114.0

POSITION : Short at 1114.0

OBJECTIVE : 1110.0

STOP-LOSS : 1116.5

RES : 1116.0/1119.3/1122.4

SUP : 1108.7/1105.0/1100.0

[B]DAILY USD/KRW OUTLOOK - 1082.3[/B]

[B]16 Sep 2013[/B] [I]00:02GMT[/I]

Despite usd’s rebound fm 1081.5 to 1088.3 (last
fri), subsequent retreat suggests consolidation
with downside bias is seen for re-test of said lvl.

Stand aside and look to sell on recovery, only
abv 1089.7 wud risk stronger gain to 1093.8.

[B]STRATEGY :[/B] Stand aside

[B]RES :[/B] 1088.3/1089.7/1093.8

[B]SUP :[/B] 1081.5/1079.9/1076.6

[B]DAILY USD/KRW OUTLOOK - 1075.6
23 Sep 2013[/B] [I]05:39GMT[/I]

As usd has remained under pressure after the resumption of fall fm 1163.5 (Jul), suggesting down-
side bias is seen for further losses to 1069.8.

Trade fm short side with stop as inidcated, abv wud risk stronger gain to 1082.0, 1086.8.

[B]STRATEGY :[/B] Short at 1075.4

[B]POSITION :[/B] Short at 1075.4

[B]OBJECTIVE :[/B] 1070.0

[B]STOP-LOSS :[/B] 1078.4

[B]RES :[/B] 1078.3/1082.0/1086.8

[B]SUP :[/B] 1069.8/1056.4/1054.5

[B]DAILY USD/KRW OUTLOOK - 1074.5
02 Oct 2013[/B] [I]01:03GMT[/I]

Present breach of y’day’s low at 1073.3 suggests
consolidation with downside bias wud be seen for a
re-test of Sep’s low at 1069.8, break, 1067.0.

Sell on recovery with stop as indicated n only
abv 1077.8 wud abort n risk gain to 1079.2.

[B]STRATEGY :[/B] Short at 1074.5

[B]POSITION :[/B] Short at 1074.5

[B]OBJECTIVE :[/B] 1070.0

[B]STOP-LOSS :[/B] 1076.5

[B]RES :[/B] 1077.8/1079.2/1082.0

[B]SUP : [/B]1072.1/1069.8/1056.4

[B]DAILY USD/KRW OUTLOOK [/B]- 1072.4
[B]04 Oct 2013[/B] [I]00:01GMT[/I]

Usd’s gap-down open n retreat to 1072.0 suggests
consolidation with downside bias remains to re-test
Sep’s low at 1069.8, break extends to 1066.0.

Sell on recovery with stop as indicated n only
abv 1077.8 aborts bearishness, risks 1079.2.

[B]STRATEGY :[/B] Sell at 1074.5

[B]OBJECTIVE :[/B] 1070.0

[B]STOP-LOSS : [/B]1076.5

[B]RES :[/B] 1077.8/1079.2/1082.0

[B]SUP :[/B] 1072.0/1069.8/1056.4

[B]DAILY USD/KRW OUTLOOK - 1073.0
08 Oct 2013[/B] [I]00:42GMT[/I]

Y’day’ breach of Sep’s low at 1069.8 to 1068.5
suggests fall fm 1163.5 has once again resumed n
further weakness to 1066.0 is seen.

Sell on recovery with stop as indicated n only
abv 1077.8 risks stronger retrace. to 1079.2.

[B]STRATEGY :[/B] Short at 1073.0

[B]POSITION :[/B] Short at 1073.0

[B]OBJECTIVE :[/B] 1069.0

[B]STOP-LOSS :[/B] 1075.0

[B]RES :[/B] 1077.8/1079.2/1082.0

[B]SUP :[/B] 1068.5/1066.0/1062.6

[B]DAILY USD/KRW OUTLOOK - 1070.9
11 Oct 2013[/B] [I]05:48GMT
[/I]
Despite y’day’s rise to 1077.0, present retreat
suggests recovery fm Mon’s 1068.5 low has ended
there n downisde bias remains to re-test said sup.

Stand aside n look to sell on pullback as only
abv 1077.8 aborts n risks retrace. to 1079.2.

[B]STRATEGY :[/B] Stand aside

[B]RES :[/B] 1077.8/1079.2/1082.0

[B]SUP :[/B] 1068.5/1066.0/1062.6

[B]DAILY USD/KRW OUTLOOK[/B] - 1068.9
[B]15 Oct 2013[/B] [I]00:07GMT[/I]

Present re-test of last Mon’s nr 9-month low at
1068.5 signals erratic fall fm 1163.5 has resumed n
further weakness to 1066.0 is seen b4 rebound.

Sell on recovery with stop as indicated n only
abv 1074.7 wud abort, risk retrace. to 1077.0.

[B]STRATEGY[/B] : Sell at 1071.5

[B]OBJECTIVE [/B]: 1067.5

[B]STOP-LOSS [/B]: 1073.5

[B]RES[/B] : 1074.7/1077.0/1079.2

[B]SUP[/B] : 1068.5/1066.0/1062.8

[B]DAILY USD/KRW OUTLOOK - 1062.5
21 Oct 2013[/B] [I]03:02GMT
[/I]
Despite intra-day rebound fm fresh 9-mth low at
1059.9, as long as 1063.7 holds, downside bias re-
mains for one more fall, below 1059.9, 1056.4.

Trade fm short side with stop as indicated n only
abv 1066.6 aborts bearishness, risks 1069.8.

[B]STRATEGY :[/B] Short at 1062.0

[B]POSITION :[/B] Short at 1062.0

[B]OBJECTIVE :[/B] 1058.0

[B]STOP-LOSS :[/B] 1064.0

[B]RES :[/B] 1066.6/1069.8/1074.7

[B]SUP :[/B] 1059.9/1056.4/1054.5

[B]DAILY USD/KRW OUTLOOK - 1061.8
22 Oct 2013[/B][I] 02:28GMT
[/I]
Despite y’day’s rebound fm a fresh 9-mth low at
1059.9, as long as 1063.7 holds, downside bias re-
mains for one more fall, below 1059.9, 1056.4.

Trade fm short side with stop as indicated n only
abv 1066.6 aborts bearishness, risks 1069.8.

[B]STRATEGY :[/B] Short at 1062.0

[B]POSITION :[/B] Short at 1062.0

[B]OBJECTIVE :[/B] 1058.0

[B]STOP-LOSS :[/B] 1064.0

[B]RES :[/B] 1066.6/1069.8/1074.7

[B]SUP :[/B] 1059.9/1056.4/1054.5

[B]DAILY USD/KRW OUTLOOK - 1055.8
23 Oct 2013[/B] [I]02:29GMT[/I]

Present breach of Mon’s 9-mth low at 1059.8 sig
nams MT decline remains in force n further weakness
to 1054.5, then 1051.0 is envisaged.

Trade fm short side with stop now as indicated n
only abv 1060.1 aborts n risks retrace. to 1066.6.

[B]STRATEGY :[/B] Short at 1057.7

[B]POSITION :[/B] Short at 1057.7

[B]OBJECTIVE :[/B] 1053.0

[B]STOP-LOSS :[/B] 1059.0

[B]RES :[/B] 1060.1/1066.6/1069.8

[B]SUP :[/B] 1056.4/1054.5/1051.0

[B]DAILY USD/KRW OUTLOOK - 1061.0
29 Oct 2013[/B] [I]05:52GMT[/I]

Despite Fri’s fall to fresh 9-mth low at 1054.3,
subsequent strg rebound suggests a temp. low has
been made n retrace. to 1066.6 is seen.

Hold long with stop as indicated n only below
1054.3 wud abort n risk weakness to 1051.0.

[B]STRATEGY :[/B] Long at 1061.0

[B]POSITION :[/B] Long at 1061.0

[B]OBJECTIVE :[/B] 1065.0
[B]
STOP-LOSS :[/B] 1059.0

[B]RES :[/B] 1066.6/1069.2/1071.5

[B]SUP :[/B] 1054.3/1051.0/1049.8

[B]DAILY USD/KRW OUTLOOK - 1062.2
05 Nov 2013[/B] [I]03:04GMT[/I]

Usd’s rebound fm Oct’s 9-mth low at 1054.3 sug-
gests upside bias remains for a minor retrace. to
1066.6 but res 1069.2 wud hold n yield retreat.

Hold long for this move n only a daily close
below 1060.7 may risk weakness to 1057/58 later.

[B]STRATEGY :[/B] Long at 1062.5

[B]POSITION :[/B] Long at 1062.5

[B]OBJECTIVE :[/B] 1066.5

[B]STOP-LOSS :[/B] 1060.00

[B]RES :[/B] 1066.6/1069.2/1071.5

[B]SUP :[/B] 1060.7/1054.3/1051.0

[B] DAILY USD/KRW OUTLOOK - 1063.3
20 Jan 2014[/B] [I]05:38GMT
[/I]
Despite usd’s intra-day breach of 1065.5 to 1065.7, subsequent retreat suggests choppy trading be-
low Jan’s high at 1071.0 wud continue.

Abv 1065.7 yields re-test of 1071.0 whilst below
1059.5 brings weakness to 1056.7. Stand aside.

[B]
STRATEGY :[/B] Stand aside

[B]RES : [/B]1065.7/1071.0/1074.2

[B]SUP : [/B]1059.5/1056.7/1055.6

[B]DAILY USD/KRW OUTLOOK - 1075.2
07 Feb 2014[/B] [I]05:41GMT[/I]

Despite dlr’s recovery after opening lower to 1073.0,
fall fm Tue’s 4-month top at 1089.9 shud head
twd 1070 after consolidation but 1067.8 wud hold.

Stand aside n look to sell on pullback next week
as 1080 wud cap upside n yield another selloff.

[B]DAILY USD/KRW OUTLOOK - 1061.7
17 Feb 2014[/B] [I]05:32GMT[/I]

US Dollar’s rebound after opening lower to 1058.5 suggests
consolidation is in store today b4 recent decrease line
from Feb’s 1089.9 top resumes to 1056/57 later.

Sell on ‘further’ recovery and only above 1066.5 con
firms a temporary low is made, risks 1069/70.

[B]DAILY USD/KRW OUTLOOK - 1072.6
21 Feb 2014[/B] [I]00:11GMT[/I]

Despite opening marginally higher to 1073.9, present sent retreat suggests up move from 1058.2 (Mon) has made a minor top n pullback to 1069/70 likely b4 up.

Exit long at 1071.3 n buy again on dips to 1070.0. Above 1073.9 would extend subsequent gain to 1075/76.

[B]DAILY USD/KRW OUTLOOK - 1069.0
06 Mar 2014[/B] [I]01:13GMT[/I]

US Dollar’s strong rebound from yesterday’s low at 1067.6
suggests choppy trading above last Fri’s 1063.5 low would
continue and gain to 1075.2 is seen before retreat.

Buy on dips with stop as indicated and only below
1067.6 aborts and risks weakness to 1065.0

[B]DAILY
USD/KRW OUTLOOK - 1063.5
11 Mar 2014[/B] [I]05:38GMT[/I]

Despite US Dollar’s rebound from 1060.2 (Fri) to 1067.1
yesterday, intra-day stronger-than-expected retreat to
1063.5 suggests choppy sideways move would continue.

Stand aside as price is expected to gyrate inside
indicated range of 1058.2-1078.3 for now.

[B]STRATEGY :[/B] Stand aside

[B]RES :[/B] 1067.6/1070.0/1073.0

[B]SUP :[/B] 1063.5/1061.5/1060.2

[B]DAILY USD/KRW OUTLOOK[/B] - 1071.00
[B]19 Mar 2014[/B] [I]00:55GMT [/I]

Yesterday’s retreat to 1065.8 suggests recent upmove
from 1060.2 has made a temp. top at 1073.5 and weakness
to 1063.2 is likely after consolidation.

Sell on recovery with stop as indicated and only
above 1073.5 aborts bearishness, risks 1075.2.