The Kospi index declined
Weakening Kospi index can not be separated from the influence of South Korean trade data weakened. Korean exports declined each month, straight up last May with the rate of decline slowed progressively more.
Resistance : 243.73 244.45 244.58 High / Low : 244.01 / 240.06
Support : 243.47 242.88 242.35 Closed Price : 243.58
Comment : For intraday trade, suggest Sell at level 243.25; stop and reversal break at level 242.88; target reversal at level 243.15
The euro rose the most
EUR / USD showed a sharp increase in the trading session yesterday evening, posted the strongest movements in a single day in 3 weeks backward.
Resistance: 1.1191 1.1196 1.1200 High / Low: 1.1191 / 1.1113
Support: 1.1171 1.1160 1.1156 Running Price: 1.1184
Comment: For Intraday trade, suggest sell at level 1.1171; stop loss at level 1.1181; target at level 1.1160.
United Arab Emirates and Iran will clash over OPEC oil production target
OPEC meeting later expected to be a debate between rival Arab Emirates and Iran, with Riyadh seeks to revive coordinated action in setting production targets.
Resistance : 49.02 49.17 49.45 High / Low : 49.20 / 47.70
Support : 48.68 48.60 48.41 Running Price : 48.90
Comment : For intraday trade, suggest Buy at level 49.17; stop and reversal at level 49.45; target reversal 49.17.
