USDSEK Buy Set UpEnvironment currently bearish, waiting on a change on environment to bullish for a good buy trade.Longby TraderSebTM0
Trump tested positive on coronavirusThe Swedish krona holds onto its gains despite the recent surge of the strength of the US dollar following the breaking news that President Donald Trump and his first lady, Melania Trump testing positive for the coronavirus. It clearly looks like the safe-haven appeal of the US dollar isn’t working well against the Swedish krona and the exchange rate’s prices are bound to crash to its support level in the coming days. Most experts believe that the krona is exploited as one of the strongest currencies in the market right now, well, at least in the short-term outlook it’s undeniably strong. Also, the Swedish krona remains unfazed despite the dovish remarks of the Swedish central bank’s meeting minutes. Recent reports say that Riksbank is willing to deliver further monetary policy adjustments and stimulus which failed to weigh on the nerves of bearish investors. The interest rates of Sweden’s central bank are already sitting on negative territories.Shortby Financebroker2
USDSEK path and directionHello everyone USDSEK broke the downtrend channel Retested the broken trend now heading higher now USDSEK started a uptrend channel watch price action inside this uptrend channel and price action for more confirmation trade with care :) any question feel free to ask :) by Abu-Sushi2
USD_SEK BEAUTIFUL STRUCTURE| THE DRAWING IS COOL A.F. JUST MARVEL AT WHAT THE MKT DRAWS SOMETIMES. LOOKS LIKE A STAR CONSTELLATION OR SMTH But yeah, the pair will probably move the way I've drawn it too, so watch out for longz _______________________________________ LIKE for the pretty pic, SUBSCRIBE for more COOL stuffLongby ProSignalsFx114
USDSEK Bull TrendBullish trend for the USDSEK, set-up done over a zig-zag pattern All of my market shared technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content. At this profile page, the analysis, ideas and also, the strategy of a chart belongs to Khiwe; -it is not to advice on financial markets; please apply your own analysis and confirm it with price action.Longby KhiweUpdated 4
USDSEK Wyckoff Accumulation Setup (8 hr time frame)The downtrend that has been in place since the March 20 high may have concluded, at least temporarily. the market has moved sideways in a trading range since 31 June The market is potentially in a back-up move. Needs to hold > 8.639 by simple_donUpdated 3
Swing Trade Idea on USDSEK by ThinkingAntsOkMain items we can see on the chart: a) The price has been on a bearish trend since MARCH 2020 b) Currently, the price is below a previous Support zone now working as a resistance c) The main style of the strategy we are showing here is looking for previous situations at the same level and use them as models for possible resolutions on the current scenario. d) Based on that, we think that if the price breaks below the Daily structure, we have freeway towards the next support zone at 7.9 e) In case the price keeps rising, we will cancel the setup f) This is a Swing Setup meaning that the resolution can take several weeks or 1 to 2 months.by ThinkingAntsOk1
USD SEK BUY (US DOLLAR - SWEDISH KRONA)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.by thunderpips2210
USD/SEK: Swing Trading Analysis 📊⏲️Do you guys care to trade something bit more “exotic”? I am personally not much into day trading such pairs as USD/SEK because of big spreads and worse liquidity. But with swing trading and long-term investing it is a whole different story. The reason is that with longer-term trades spreads don’t play such an important role. The same goes for liquidity. So, let’s now have a look at swing trading analysis of USD/SEK! What caught my eye here was a strong downtrend which started in March. Within this downtrend, there was a rotation in June. In this rotation, there were pretty massive volumes traded. I identified that using my Flexible Volume Profile on the whole trend area. From this rotation, the downtrend continued. This means that the volumes accumulated in this rotation were mostly sellers entering more short positions and then making another push. For this reason, it is likely that when the price makes it back into this strong volume zone again, those sellers should become active again and they should start defending their short positions (with aggressive selling activity). This should drive the price downwards again from there. And that’s why I think this area with POC around 9.3000 will work as a strong long-term resistance. Price Action analysis If you look at the picture above, you can see how nicely the price reacted to the 9.3000 zone in the past. There were two really strong rejections in December and in March. This tells us, that this zone worked as a strong support. When the price made it past this support in July, then this support turned into a resistance. This is an old and simple Price Action setup, and you can read more about it here: Price Action Setup: Support Becomes a Resistance So, not only we have the volume-based setup (the Trend Setup), but we also have a Price Action setup at the same level. Both those setups point to the same place (9.3000) which is telling us that there is a strong resistance. That’s it for today’s analysis guys. I hope you liked it. Let me know what you think in the comments below! Happy trading! -Daleby Trader_Dale114
USD/SEK and EUR/SEK Breakout Trades!USDNOK has been one of my favourite Dollar pairs I have kept tabs on ever since the DXY was showing signs of a reversal. This market structure analysis can be used for ANY MARKET since ALL MARKETS move the same three ways. USDNOK was in a long downtrend with multiple lower highs and lower lows. Price then began to base/range/consolidate. This was a sign that the downtrend was over or was exhausting as no new lower lows were being made. Scrolling back, price did find support at an important support/flip zone of 8.60. The trigger for an entry is the breakout. We wanted a nice clean and strong breakout. This occurred with today's daily candle. Placing my stop loss just below the daily candle, and targeting the 9.20 zone. A good risk vs reward set up. EURSEK is very similar. A lot of market structure confluences. We have had the break out too. Notice the large sell off and buyers stepping in on the retest already. Similar approach: A stop loss below the daily breakout, and targeting the 10.55 zone. As a bonus, I was watching USDNOK too. We had a nice long downtrend with multiple swings, which hit a large support/flip zone at 8.70. From here, I was watching for an inverse head and shoulders reversal pattern. Unfortunately, we did not get that. BUT we did get a close above the previous lower high (9.0355) zone meaning the downtrend is officially over. What I would like to see now is our first HIGHER LOW in this new uptrend, and this will provide us with an opportunity to enter, and we can place our stop loss below this higher low. Ideally, we would like this higher low to be formed with a retest of the breakout zone.Longby Uncharted-FX3
USDSEKPRICE MOVING IN A WEDGE , AND I EXPECT A FALL FROM THE PRICE BACK TO THE WEDGE LINK DUE TO WEAKNESS FROM THE US DOLLAR Shortby PAFG0
Potential Bearish Movement on USDSEK Main items we can see on the chart: a) The price is below a support/resistance zone b) We can see a similar corrective structure as the one that happened in the past c) The next support zone is at 8.00 d) If the price breaks below the current structure, we expect a bearish movement towards the mentioned zoneby ThinkingAntsOk2
USDSEK video top-down AnalysisHello everyone, here is the top-down analysis for USDSEK, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!Long01:57by TheSignalyst449
USDSEKThis thing is slowly grinding downwards still, would maybe go back to USD around 7.9 level which I think could be reached around the Election in November because of all the uncertainty and ambiguity that will be leading up to it. Anyways, I'd expect the USD to keep losing value against other G10 currencies, which will/is shown through the $DXYShortby cryptohunt420