Updated 06:33 WAT · 26 Oct
USD/KRW Analysis
1321.50000-0.29%Slightly Bearish
Confidence64%
Momentum-27
- Entry
- 1321.50000
- Stop Loss
- 1362.11250
- Take Profit
- 1292.32551
R:R 1:0.7 - ATR: 0.631%
Volatile
Strong trend with high volatility - wide stops recommended
ADX
45
Strong
RSI
33
Volume
1.0x
Normal
Timeframe Analysis
1D-3.0
RSI 33
ADX 45
BB 10%
1H-3.9
RSI 36
ADX 58
BB 13%
15m+0.7
RSI 43
ADX 27
BB 37%
5m-0.9
RSI 49
ADX 5
BB 59%
1m-1.3
RSI 49
ADX 2
BB 42%
Signal Rationale
- →ADX 45 on 1D - robust trend in Volatile regime
- →Market regime: Volatile - Strong trend with high volatility - wide stops recommended
About USD/KRW
USD/KRW reflects South Korea's position as a global manufacturing and export powerhouse. The Korean Won is sensitive to semiconductor demand, global trade conditions, and regional geopolitics (North Korea). The Bank of Korea occasionally intervenes to maintain export competitiveness when the Won strengthens too rapidly. This pair is most liquid during Asian hours and can become thin during the US session.
- Spread
- 10–50 pip
- Volatility
- Medium–High
- Best Session
- Tokyo–Singapore (00:00–08:00 GMT)
- Key Drivers
- Samsung and SK Hynix earnings (semiconductor industry proxy), Korean trade data, Bank of Korea policy, North Korean geopolitical events, global technology sector performance
Trading Tips
- →Semiconductor export data is the canary in the coal mine for KRW - it leads the currency by 2–4 weeks.
- →North Korean geopolitical tensions can emerge suddenly and produce sharp KRW weakeness - this risk is difficult to hedge.
- →Liquidity outside of Asian hours is limited - executing large orders during New York hours may result in significant slippage.