By the close of last week's trading session, the top 3 worst performing currency pairs came out to be the USD/PKR (-4.91%), NZD/USD (-2.61%), and USD/SEK (-2.04%). To help determine the direction that these pairs will take this week, we will use the Hacolt Indicator (Vervoort Heiken-Ashi Longterm Candlestick Oscillator). Will the pairs continue to slide, or are...
The USDSEK has been in a bit of a tight range lately, but it looks like there could be a breakout coming. From a 4h chart perspective, the USDSEK looks like it could break out to the upside. Could it be possible to go up to 10,90 or more from here?
The Donchian channel is violated upside, and the bottom channel is shaping similar direction. Further, we have the DMI DI+ crossing above signal line showing we may see strong up move of USDSEK coming trading sessions. Strategy BUY USDSEK 8.8700 with stop-loss below 8.5500. Profit objective 9.7500.
Series of higher highs and higher lows is visible, which indicates it is in bullish trend.
D1 Chart. If you find my analysis useful, you can support it by liking and commenting.
USDSEK Long You can set a longer stop loss. I would love to hear your feedback do you think the trade will complete in profit or will the stop loss get hit!? This is not financial advise, trade at own risk.
Hi Traders, This is my view on this cross for the next few days. #USDSEK Waiting for the price to break 8.6, which is a very important MONTHLY resistance. As it will become support we can go long on the retest BUY 8.6 SL 8.426 TP 8.94 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated...
Shark is appearing a lot nowadays in the markets. Here is A Shark pattern confluence with daily demand zone. the best price to go long is mentioned.
Hello traders! - NEW SUPPORT was formed - BULLISH ENGULFING PATTERN appeared on the 11st of June - MACD reversal TARGET can be set in proximity of the 3 Fibonacci Levels, drawn thanks to FIBONACCI EXTENSIONS TOOL. Please, notice that the 61.8 FIBONACCI LEVEL coincides with the RESISTANCE Remember to put a stop loss in order to secure your capital! Not a...
USD/SEK is going through a steep downtrend which will not last forever so be ready to buy! RSI 14 is OVERSOLD and the price seems really closed to the support line! My suggestion is to GO LONG waiting for a strong rebound which might last until either the 38.2 Fibonacci level (dotted line) or the price resistance started in the first part of May. DO NOT FORGET...
Happy Sunday Traders! Let's get started with this week's report. This pair is pushing down towards the Monthly Support Zone (Brown Area) that has been tested multiple times. This level of support is likely to provide some type of bounce out of this market. Because of that, this is an area that I will be looking at for possible long opportunities throughout...
Hi Guys, if the breakup of the horizontal resistance will be confirmed over the next week, we can project a new monthly target at 13. Thank you, Simone
Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation. Market-Buy-Order: 10,01315 Stop-Loss: 9,83750 Target 1: 10,20400 Target 2: 10,32330 Target 3: 10,44300 Stop-Loss: 750 pips Risk: 1-2% Risk-Reward: 2,45 LEAVE A LIKE AND A...
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable. Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators...
ZIG ZAG correction complete, see how this can fit into your trade idea.
USDSEK is expected to drop to 1st support at 9.5442 where it could potentially react off and up to 1st resistance at 9.7015. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.