Chart USD/CAD Update: Still a chopfest range for now, but expecting break upside soon


Published at 00:48 (GMT) 23 Jul


Chart USD/KRW Update: Retains downside pressure (PLXC7301)

23 Jul USD/KRW Daily

00::34 GMT - Below the 1025.50 resistance with the negative stance seen on daily tools are helping to retain downside pressure to next support at 1021.40 ahead of 1020.80. Only move above 1026.40 resistance to fade current downside risk. [W.T]
R5: 1042.0 22 Apr high
R4: 1040.2 28 Apr high
R3: 1036.1 * 16 Jul high
R2: 1029.2 21 Jul high
R1: 1026.4 22 Jul high

S1: 1021.4 25 Jun high
S2: 1020.8 11 Jul high
S3: 1018.9 15 Jul low
S4: 1017.6 14 Jul low
S5: 1015.1 11 Jul low, gap

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD trades weak below 1.0800 amid Good Friday lull, ahead of US PCE

EUR/USD trades weak below 1.0800 amid Good Friday lull, ahead of US PCE

EUR/USD remains depressed below 1.0800 after soft French inflation data, amid minimal volatility and thin liquidity on Good Friday. The pair keenly awaits the US PCE inflation data and Fed Chair Powell's speech for fresh hints on next week's price action. 

EUR/USD News

GBP/USD holds steady above 1.2600 as markets stay calm on Good Friday

GBP/USD holds steady above 1.2600 as markets stay calm on Good Friday

GBP/USD trades sideways above 1.2600 amid a typical Good Friday trading lull. A broadly firmer US Dollar could keep any upside attempts limited in the pair ahead of the US PCE inflation data and Fed Chair Powell's appearance. 

GBP/USD News

Gold reaches to all-time highs near $2,230, US PCE eyed

Gold reaches to all-time highs near $2,230, US PCE eyed

Gold price appreciates to all-time highs near $2,230 per troy ounce, attempting to continue its winning streak for the fifth successive session on Friday. However, trading volumes are light as market participants are likely observing Good Friday.

Gold News

Jito price could hit $6 as JTO coils up inside this bullish pattern

Jito price could hit $6 as JTO coils up inside this bullish pattern

Jito (JTO) price has been on an uptrend since forming a local bottom in early January. Since then, JTO has revisited the key swing point formed in early December, suggesting the bulls’ intention to move higher.

Read more

Key events in developed markets next week

Key events in developed markets next week

Next week, the main focus will be inflation and the labour market in the Eurozone. We expect services inflation to be impacted by the easter effect, while the unemployment rate to be unchanged.

Read more

Majors

Cryptocurrencies

Signatures