The USD/KRW currency pair has demonstrated upward momentum by crossing above the 200-day moving average, according to Société Générale’s FX analysis. Resistance levels are anticipated at 1,445 and 1,454/1,457.
The daily MACD is showing a positive trend, signalling a continuation of the upward movement. There is short-term support near the 1410/1400 range, where maintaining this zone could further bolster the upward trajectory.
Fxstreet Insights Team Overview
The FXStreet Insights Team curates market observations from esteemed experts, providing insights with both internal and external analyses. These insights cover various currency pairs and market dynamics.
Related market articles discuss issues such as gold price stabilisation, impacts of UK labour market dynamics on the EUR/GBP, and silver price influences. Additionally, Fed Chair Powell’s upcoming speech is a focal point for markets, with potential rate cut hints affecting currency reactions.
In the broader financial landscape, European asset manager Amundi is expected to launch a Bitcoin exchange-traded product in 2026. Additionally, several brokers have been noted for various market trading services and features set to continue through 2025.
Usd Krw Upward Trend
The USD/KRW has confirmed a new upward trend after breaking above its 200-day moving average, a strong technical signal we’ve been watching. This suggests the period of consolidation we observed over the late summer of 2025 has concluded. The move points toward continued strength for the US dollar against the Korean won in the coming weeks.
This momentum is supported by fundamental factors, as recent data from the Korea Customs Service showed exports fell 5.2% in September 2025, the third straight month of declines. This contrasts with the US, where inflation data continues to hold above 3%, keeping the Federal Reserve from signaling any rate cuts. This policy difference is a primary driver putting pressure on the won.
For derivative traders, this environment favors strategies that profit from a rising exchange rate, such as buying USD/KRW call options with strike prices nearing the 1,445 resistance level. We see the 1,410/1,400 zone as a critical short-term support level. Any positions should consider that a drop below this area would weaken the case for a continued rally.
We remember a similar setup in late 2022, when aggressive Federal Reserve policy pushed the pair toward the 1,440 level before it retreated. The current technical indicators, including the positive MACD crossover, suggest a similar strength is building. This historical pattern supports the view that targets of 1,454/1,457 are achievable this time.