Today's KRW to AUD Price Update

Summary

This report provides the real-time exchange rate between the South Korean Won (KRW) and the Australian Dollar (AUD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The South Korean Won (KRW) is the official currency of South Korea, closely tied to the country’s electronic and automotive sectors, while the Australian Dollar (AUD) serves as a key indicator of commodity market sentiment and regional economic health. The exchange rate between them reflects market perceptions of both currencies’ relative strength and economic fundamentals.

Today’s Price

• 1 KRW = 0.00104 AUD
• 24h High: 0.001038 AUD
• 24h Low: 0.0010356 AUD

Market Analysis

The KRW/AUD pair is currently trading with modest volatility. Recent forecasts suggest the pair is positioned for potential upside movement in the near term.

• Technical levels: Key pivot point at 970.83 (Fibonacci), with support and resistance levels distributed across the 968.19–973.47 range
• Short-term outlook: The KRW/AUD exchange rate is forecasted to increase by approximately 1.03% in the next month
• Trading opportunities: Monitor technical pivot points for entry and exit strategies, utilizing multiple pivot point methodologies including Fibonacci, Camarilla, and DeMark’s levels

Conclusion

Continue to monitor the KRW/AUD pair closely, integrating technical analysis with fundamental economic data from both South Korea and Australia. Traders should pay attention to pivot point levels for potential support and resistance zones when executing trading strategies.