EURSEK reversed off its resistance at 10.58117 where it could potentially drop further to 10.53083. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURSEK reversed off its resistance at 10.57766 where it could potentially drop further to 10.52923. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURSEK is expected to drop to 1st support at 10.48813 where it could potentially react off and up to 1st resistance at 10.50905. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Pattern: Channel Down on 1D. Signal: Bearish as the price made a new Lower High rejection. Target: 10.43000 (top of the 1D Support Zone).
there is a demand from 15 min TF possible turning point
Main items we can see on the 4HS chart: a)Price has broken a major descending channel b)After the breakout, the price made a Flag Pattern c)Flag patterns are considered continuation structures d)Using Elliott Wave Theory we can deduce that a 5th wave still remaining Based on that if price breaks down the Flag pattern with close candlesticks we expect a...
Waiting on a break of support and further momentum to the downside to take a short EURSEK.
Not going to enter into details about Sweden. Sweden central bank "Uh we have no idea why our currency is falling and why our economy is falling behind" duuuuh! Am already shorting it via EURSEK & added a bit with USDSEK, have a limit order at that green level. If I am in the green on EURSEK & add on USDSEK as it goes does can I call this adding to my...
EURSEK made a double bottom, looking at the weekly and monthly charts we can see that after breaking multi year high it retested it. The trend is obviously bearish on the Krona. Buy the dip... Sweden economic future is grim. The price managed to break the first resistance and make a bull flag. If it breaks the second one it could easilly go retest this decade...
price hit the supply on weekly time frame go to 4 hour and there are 3 demand zones