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As predicted, it found support on the previous high-trend line. SEK is releasing 'Industrial numbers in within the half hour, also EUR is releasing PMI within the hour. Depending on the released numbers, I strongly believe EURSEK is a long. Buying volume seems much stronger than selling. No cash build to be seen the last week. If it breaks above the 200MA (orange...
If the trend keeps going as is we should expect a continuation downward to 9.45 area. Top lines candles are good to short if no reverse or bullish signals kicks in with enough strenght. Stay safe, and Good Luck! (My SL is at 9.56, TP1 is 9.48, TP2 is 9.445)
Hey all of you if the pair break up the poin 1 ,Buy and take your profits at TP1 then wait , if the pair break TP1 then Buy again , Dont worry and take your profits at TP2 at the other side if the Pair break down Point 2 ,SEll and Take your profits at TP Point I will be witt any updates , See you NOte : that poistion can make you really rich ,You can...
We can enter longs if not already in, stop loss at 9.4127. Upside is significant. We have very nice action after retesting the Brexit key level in this pair. I have a small long position I took last night, at 9.4196, with a 1 average true range stop loss. My stop is now 9.4127. I'll add if today's bar closes as an up bar. Good luck, Ivan Labrie.
Price come back to Demand Zone, create divergence at D1 TF and starting UP.
If CHFNOK is breakingdown and EURSEK breaking out, SEKNOK should breakdown too. (NOKSEK to go up)
Looking at the EURSEK we can see that it is coming to an important level where there has been some support and resistance in the past. I would expect this to rebound and head towards around 9.6. RSI is indicating that this is close to being oversold and CCI is also indicating that there is some momentum upwards. If this line is broken on the downside I would look...
Order expires on 01/31/2017, 10 minutes before market close.
EURSEK has given ample confirmation that a new rally is taking off from here, you can take a half position here, risking a drop under yesterday's open, or if more conservative, entering gradually over 3-5 days. Your size should be 4000-8000usd worth per every 10k usd in your account, to risk 0.5-1%. Don't use a stop loss. Exit if we drop under today's open. Good...
FX_IDC:EURSEK Safe Trades; open.spotify.com
Price is heading toward strong resistance, in the first hand i'll be looking for shorting opportunity on this pair. But we have also possibility of a BO coz momentum looks strong this time, so it can be tricky this time. Please support, comment, share you thoughts on this, and why not follow :)
Despite pair’s rebound from around 50-DMA level yesterday the subsequent failure at 10-DMA and a retreat below 5-DMA amid bearish daily MACD and bearish 5-DMA and 10-DMA crossover suggests the pair is heading back to 100-DMA support at 9.48 and may actually breach the same for a drop to rising trend line support at 9.43. Also note the evening start formation on...
FX:EURSEK Safe Trades;
The pair that nicely shown reversal from market top, wait for right shoulder to be form.
The SEK has weakened sharply on Brexit and housing market concerns. However, valuations and growth are supportive for the SEK medium term.Positioning and technicals suggest this is a good time to buy SEK. Entry level: 9.5960 Target: 9.3000 Stop-loss: 9.7600