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.
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 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!
Potential bullish reversal in Usd Sek daily, tricky because it has potential for bulls to spike up and also for bears to go down, market is clear to me right now but, - bearish interests.
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.
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.
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.
There's a bullish channel within a bullish channel that I see happening here, (shortened higher and lower diagonal green lines), and candles have strong suggestive bearish wicks -but, this is a Bull market.
Low volatility close to being motionless, best followed in Heikin Ashi, -and if price falls below the secured 9.82990 lower high, then the setup will be invalid.
Hello,
in Sweden, unsurprisingly, they are getting to the "book burning" step. They want to replace their history with their political agenda thing: in favor of gender roles & postmodernism.
I think this is not the first time it was proposed thought, but they are testing it each time, and getting closer to passing this law/act.
Source:...
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 9.81765 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.
The U.S. Dollar vs. the Swedish Krona. At times of market stress the U.S. dollar can act as a safe-haven asset, but swings in broad-based investor trends can make the USD/SEK exchange rates very sensitive. The pair can also sensitive to relative monetary policy expectations for the Federal Reserve vs. the Riksbank, Sweden’s central bank.
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