USD/KRW exchange rate drops below 1,420 won in London trading, reaching its lowest level since December 6 last year, amid continued dollar weakness and market perceptions of reduced US pressure on South Korea.
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The GBPUSD pair remains below the resistance level of 1.2671. Continued closure of the 4-hour bar below this level could indicate potential bearish trends. In such a scenario, the first support level to observe is 1.2572. However, if the pair establishes persistence above 1.2671, attention may shift to the resistance level of 1.2768. Support: 1.2572 - 1.2502 - 1.2428 Resistance: 1.2671 - 1.2768 - 1.2838 #GBPUSD #ForexAnalysis #SupportLevels #ResistanceLevels #TradingSignals #MarketOutlook

The EURUSD pair remains below the resistance level of 1.0799. Continued daily closure below this level may signal further bearish activity. In this scenario, the first support level to monitor is 1.0722. However, if there's persistence above 1.0799, attention will shift to the support level of 1.0876. Support: 1.0722 - 1.0632 - 1.0555 Resistance: 1.0799 - 1.0876 - 1.0930 #EURUSD #ForexAnalysis #SupportLevels #ResistanceLevels #TradingSignals #MarketOutlook

The EURGBP pair remains above the support level of 0.8535. Sustained closure of the 4-hour bar above this level could signal further bullish activity. In such a scenario, the first resistance level to watch is 0.8626. Conversely, if the pair persists below 0.8535, attention will shift to the 0.8488 support level. Support: 0.8535 - 0.8488 - 0.8433 Resistance: 0.8626 - 0.8664 - 0.8703 #EURGBP #ForexAnalysis #SupportLevels #ResistanceLevels #TradingSignals #MarketOutlook

In the cryptocurrency market, Bitcoin fell below the $39,000 level, worrying investors. Terraform Labs' official bankruptcy filing in Delaware and FTX's asset sales supported the ongoing downtrend. When we examine the Bitcoin chart, if the downward movement continues, the levels of 38,870, 38,000, 36,600 as support, and in possible recovery movements, the levels of 39,400, 40,240, 41,080 as resistance above may come to the agenda #BitcoinPrice #SupportLevels #ResistanceLevels #Cryptocurrency