4 Hour Bullish Divergence Breakout Trade at SupportWe are Breaking above a Trendline after Bouncing from a Support/Resistance Zone and are showing lots of 4 Hour Bullish Divergence and are making a new Local High I think our next target will be near our last major SR lvl near out previous HighLongby RizeSenpai1
Short Vision on EUR SEK for 07/03/2022Hello Dear Traders, You find below my analysis for EUR/SEK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/SEK will fall to 10.78 as I am showing in my chart. Our Daily Goal is 10.75. Currently, EUR/SEK is moving towards the resistance level 10.87,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/SEK. Good Luck and enjoy your Bearish Market for today. Entry:@10.87 TP1: @10.84 TP2: @10.81 TP3: @10.78 SL: @10.91 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!Shortby HugoAJROUCHE3
Short Vision on EUR SEK for 04/03/2022Hello Dear Traders, You find below my analysis for EUR/SEK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/SEK will fall to 10.78 as I am showing in my chart. Our Daily Goal is 10.75. Currently, EUR/SEK is moving towards the resistance level 10.85,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/SEK. Good Luck and enjoy your Bearish Market for today. Entry:@10.85 TP1: @10.83 TP2: @10.81 TP3: @10.76 SL: @10.89 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends! Shortby HugoAJROUCHE4
Short Vision on EUR SEK for 02/03/2022Hello Dear Traders, You find below my analysis for EUR/SEK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/SEK will fall to 10.73 as I am showing in my chart. Our Daily Goal is 10.71. Currently, EUR/SEK is moving towards the resistance level 10.81,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/SEK. Good Luck and enjoy your Bearish Market for today. Entry:@10.81 TP1: @10.78 TP2: @10.76 TP3: @10.73 SL: @10.85 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends! Shortby HugoAJROUCHE3
EURSEK: Technical Divergence @ ResistanceFudamentals : None Technicals : Divergence Horizontal resistance RSI "Overbought" Price testing the backside of the long term trendline Emotion : Cool and collected Daily Chart: Weekly Chart: Shortby Rocketman110
SHORTEURSEK - Storng resistance level Break BB, RSI overbought,. Correction back to BB. Shortby orimichaeli0
Short Vision on EUR SEK for 10/02/2022Hello Dear Traders, You find below my analysis for EUR/SEK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/SEK will fall to 10.41 as I am showing in my chart. Our Daily Goal is 10.39. Currently, EUR/SEK is moving towards the resistance level 10.485,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/SEK. Good Luck and enjoy your Bearish Market for today. Entry:@10.485 TP1: @10.45 TP2: @10.43 TP3: @10.41 SL: @10.51 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!Shortby HugoAJROUCHE3
eursek longEUR / SEK has retested the upper zone of the bull flag again. It has approximately 200 EMA axes. 21:34 Longby FxHiru1
EURSEK Short ScalpEURSEK Short Scalp. 100x leverage. Targets on the chart. SL is liquidation. Shortby loxxUpdated 1
EURSEK Horizontal Support LevelsEURSEK Trend: Up Level: Horizontal Support Level, EMA 10 Support Level, EMA 20 Support Level, Fibonacci Retracement Support Level Signal: Rejection CandlestickLongby TradeLive-0
EURSEK D pending sellaaskodbkodkbsobksd bsdobfsd kbose kbosobksbeorgkser rter gngnghng hnhnghnghn nfgfnghnffby tururswingtraders0
eursek longThe EUR / SEK has shown a clear accumulating condition and its high slope has been broken, you can get a long order if a pullback occurs as marked. (These are exotic pairs and have an unexpected volatility so do not trade unless you have experience) Longby FxHiru111
Eur sek LOW AND TOP possible upside +8%Eur sek LOW AND TOP possible upside +8% . . . . . . . . . . . . . . . . . . . . . . . . . . Longby Tor_Trolte199909240
EURSEK - Daytrade1. If price cannot break parallel line we'll see short opportunity; 2. If price break the resistance level and retest it, we'll open long position;by folibok0
EURSEK short againAfter breaking the SL, I waited for the price to hit the previous major peak. Designated zone, price. I got a signal from the market and opened a short positionShortby TradeWave07110
3 White Soldiers Bullish Dragon Breakout on the Weekly3 white soldiers on the weekly breaking out of bullish dragon targeting between the 61.8% and 78.6% retracement from high to low.Longby RizeSenpai1
EURSEK shortThe higher-end market is down, so the trade follows the direction. I marked the zone, the price, got the signal from the chart and opened the positionShortby TradeWave070
EURSEK Target Price 10.14286EURSEK Foreign Currency Trend: Up Level: Diagonal Support Level, Dynamic Support Level (EMA 10 EMA 20)Longby TradeLive-0
FX Update: At what point is euro weakness existential?Summary: A fresh spike in natural gas prices in Europe accelerated the relative weakness of the euro yesterday and the single currencies performance is so dire that we have to consider where to look if the market transitions to more existential, as opposed to cyclical concerns. Elsewhere, SEK has recently looked like the baby being thrown out with the bath water and the USD strength is broadening out. FX Trading focus: The Euro in the dumps, in part as sterling mounts steep comeback. The remarkable relative weakness of the euro has been the most prominent development among major currencies recently, accelerated yesterday by the latest spike in natural gas prices brought about by a German regulator announcing a delay in the Nord Stream 2 pipeline certification. So far, the euro weakness is arguably cyclical only (as opposed to existential – more on that below), with weakening growth prospects brought about by the ugly spike in gas- and power-related input costs clouding the growth outlook, while the ECB guidance has no relevance for addressing the situation and where the central bank forever defaults to the dovish side anyway. So far, the theme of a weakening growth outlook has played as it usually does for the pro-cyclical peripheral European currencies like SEK, which has weakened even more than the euro. But if this situation extends deep into the winter months and especially if this is accompanied by a German “stoplight” coalition that features the LDP’s Christian Lindner and his stingy stance on fiscal stimulus as finance minister, the euro weakness could begin to take on a more existential angle. What would a new “existential crisis” for Europe look like in markets and how would it differ? Likely very different, as the ECB sits so heavily now on the EU sovereign market that it would likely break every rule to keep spreads more or less in line. That leaves the currency itself as the only real speculative vehicle. Chart: EURSEK To a degree, the relative SEK weakness to the euro fits with past cycles as SEK traders often focus on the cyclical growth outlook, to which SEK is seen as high beta due to Sweden’s export-oriented economy. But the late squeeze is looking overdone, particularly if the natural gas price situation eases in Europe in coming days and weeks. As well, the Riksbank is priced to prove far more responsive to shifting guidance as inflation moves higher – with 2-year yield spreads at cycle extremes in favour of the SEK here. And eventually, if the euro concerns wax existential rather than merely cyclical, SEK looks very cheap indeed. Recall back in the late 2009-2012 period when the SEK traded as a safe haven relative to the euro during the EU existential debt crisis. The 10.10-15 area is the ultimate local resistance here if the market agrees…today already showing potential for a bearish reversal, with a close near or below 10.00 today an interesting setup for pressing the action back toward the cycle lows. US jobs drastically under-counted? – The Washington Post ran an article suggesting that poor BLS data collection and other factors mean that over 625,000 US jobs were not counted for the June to September time frame. If this is the case and these revisions show up in the next jobs on top of strong new numbers for November, etc., we could be headed for a far more drastic Fed tightening than anticipated, with the December FOMC possibly bringing a doubling of the tapering rate and the market bringing forward the lift-off timing and pace of rate hikes. USDJPY perched near 115.00 – have to watch the longer US treasury yields here, as well as oil prices, for the risk of further JPY weakness, as the JPY managed to weaken more or less as rapidly as the euro yesterday and USDJPY is near the massive psychological level of 115.00. Probably an un-moored US 10-year yield pulling above the 1.75% cycle high would be needed to sustain a major break higher for this pair and eventual attack on the 120.00 area. Note the US 20-year treasury auction late today. Brainard or Powell? Get it over with already. This is still a significant point of uncertainty for the market and I am entirely unsure how the market will respond. Lael Brainard’s odds of getting the nod are rising and she is even favoured by bookmakers at this point, but how difficult would the confirmation hearings prove for her? As mentioned before, the path of Fed monetary policy would likely differ little whether Brainard or Powell is Fed Chair from February, while Brainard is a hawkish regulator and will likely be given a prominent new post as such even if Powell is offered a second term. Disclaimer The Saxo Bank Group entities each provide execution-only service and access to Analysis permitting a person to view and/or use content available on or via the website. This content is not intended to and does not change or expand on the execution-only service. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Saxo News & Research and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Saxo News & Research is gained. Such content is therefore provided as no more than information. 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EURSEK MULTI-TIMEFRAME ANALYSIS & TRADE IDEA - ICI & M PATTERNHello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/ We can see that on all Higher Timeframes (Monthly, Weekly, Daily) EURSEK is bearish. Monthly the market has created an M pattern where we can expect a retracement back to the neckline or wick of the monthly candle, where its lining up with structure and the 0.382 of the fibonacci retracement. Dropping down on the Weekly we have an ICI to the downside where its also lining up with the 0.50 of the fibonacci retracement and structure where it was previous support turns resistant. On the 4H timeframe this is where we take our trade. We will base our entry on the 0.50 of the fibo, and our take profit is at the fibo of the impulse of the weekly W pattern, which is lining up also with the wick of the monthly M pattern. Our stop loss is above the last high. Trade Signals SELL Entry: 10.04000 Take Profit: 9.73703 Stop Loss: 10.09727 Good luck! Trade wisely, please do proper money management. ~FX_SHIFTERShortby fx_shifter112