USDSEK expected to rise up to 1st resistance at 9.67219 where it could potentially react off and drop down to 1st support at 9.59122. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDSEK reversed off its resistance at 9.67219 where it could potentially drop further to 9.59122. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
nice entry in deep of upward channel for usd to achieve targets as shown in pic
USDSEK just made its new all time high recently, and in case of pairs that's in all-time high spot, my mindset is always bullish! I'm interested in this daily demand pullback long around 9.7000! Let's see how it goes yo!
USDSEK is expected to drop to 1st support at 9.67147 where it could potentially react off and up to 1st resistance at 9.76839. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDSEK bounced off 9.77063 where it could potentially rise further to 9.86980. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
4H CHART EXPLANATION: On this timeframe we observe that price is on a small consolidation at this moment. If it breaks down and the Ascending Trendline is broken, then we will wait for a corrective structure (continuation pattern) like a triangle, pennant, flag, etc. to take this trade. The first short term target is the confluence zone between the Daily...
USDSEK is expected to drop to 1st support at 9.77834 where it could potentially react off and up to 1st resistance at 9.86980. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDSEK bounced off 9.77200 where it could potentially rise further to 9.98200. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDSEK bounced off 9.77834 where it could potentially rise further to 9.87290. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDSEK bounced off 9.77834 where it could potentially rise further to 9.87290. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Due to my analysis you can see price has reached the top of the Bollinger band, that means price has came to a certain resistance in the market. Besides the Bollinger band price has been moving with the trend it has created, which has been bullish. Since it reached the top of the trends resistance and top of the Bollinger we will go for a sell to about where last...
USDSEK bounced off 9.81765 where it could potentially rise further to 9.97717. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
SEK Inflation data due shortly. Given the recent PMI data, we are expecting a worse print, which would catch the market off guard and send USDSEK higher. EURSEK is also another consideration for the trade. Enter AFTER the data - do not anticipate.
USDSEK reversed off its resistance at 9.97717 where it could potentially drop further to 9.83895. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDSEK is approaching its resistance at 9.97717 where it is could reverse down to its support at 9.83895. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.