UsdSek Hourly Trade another basket pair idea we can play off this chartShortby UnknownUnicorn843992Updated 8
Sweden deflation incomingHere are some of the deflationary causes. - Swedish corona handling - Unopened theme parks - Mass firings on the way (less spending) - Swedes can't travel and spend due to fear of the fake virus - interest rate increased 2020 - bombings and rapes create fear (deflationary) - housing sales on market increased 28% compared to year ealier. A housing crash is deflationary - Swedish krona internationally regarded a safe haven during bad times globally (deflationary) - Cash free society in sweden generated no free market (black market), and stops money velocity from increasing (deflationary) See my video on the topic if interested... in English: www.youtube.com (or in Swedish: www.youtube.com )Longby UncannyDeductionUpdated 8
USDSEK H1The dollar sagged significantly against the Swedish Krona. This was affected by the restoration of oil prices and the unstable situation in the United States. Sweden, in turn, refused to impose quarantine in its own country and left the economy in operation. What made it possible to keep the currency at a high level. But there is a limit to everything. The USSDEC currency pair is at a strong support level and is likely to go to correction.Longby StrongBull77777164
USDSEK H1The dollar sagged significantly against the Swedish Krona. This was affected by the restoration of oil prices and the unstable situation in the United States. Sweden, in turn, refused to impose quarantine in its own country and left the economy in operation. What made it possible to keep the currency at a high level. But there is a limit to everything. The USSDEC currency pair is at a strong support level and is likely to go to correction.Longby StrongBull777155
USD/SEK: engulfing pattern 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 financial advice. Enjoy your trade! Longby vf_investment8
USDSEK long Wait for pullback and touch MA / trendline then long with indicated levels.Longby Colargol_the_bear3
Sell USDSEK Now!Hi traders, Earlier today we sold USDSEK and believe it can drop for more than 700 pips from current levels. Updates to follow, trade safe!Shortby FollowMyForex7
ridethepig | SEK Long-Term Macro Map📍 USDSEK Long Term Macro Map After the " Moment of Truth for SEK " flow, which was so difficult with its own inherent positional issues, the next update here should appear all too straightforward again. Of course a well planned macro flow does not have to last forever; a dollar devaluation swing which only crops up occasionally, in fact can even threaten the 6.80x support. Some 8 candles later, the flows are following the widely mapped positional forecast. This swing has the clear fundamental advantage from the soft inherent picture in Sweden. Things have not settled down on the virus front which has become quite forgotten by many. Then of course when a second wave occurs in the Northern Hemisphere during the Winter months, the almost forgotten complacency will return, bringing a zig-zag into the initial forecast into the initial 8.20x target. Dollar seller's last move sees the impulsive swing being instated, for the threat is now the clear advance onto the main targets. It is therefore logically and casually relevant to all G10 crosses to include the DXY maps: At the point when this was made, Fed was seen as a deer in the headlights via Covid capitulation / flip flop and, with what immense trouble they will have now in achieving credibility after funding the Whitehouse policies in broad daylight!! Watch for the lows next week, its not quite so easy for buyers to dispose of the momentum here: if this happens we may enter into waterfall mode. Shortby ridethepig25
$USDSEK reached its retraction levels of 0.5 fib. I published this idea last September and now looks like I might get right. The 9.15 level is reached which is exactly 0.5 fib level. Pretty similar with what was observed between 2014 and 2018. Hopefully another trend upwards is coming in. Please use SL or hedge and do your own research. Longby Marto_Jekko5
Simple naked chart setupPinbar near resistance in strong trend. Entry on retrace @ 12H. Entry: 9,3068 Stop: 9,3855 Target: 9,0707Shortby mrgobeUpdated 112
USDSEK LOOKING WEAKUSDSEK has broken out of a multi-year upward bullish channel. The US Dollar could continue to lose value in the near future, and the US Economy is worse than ever. Right now, it makes sense that the US Dollar will continue to lose value in the near future. I would not hold dollars right now.... Seems like a the SEK or EURO is destined to outperform the US Dollars in the near future. Shortby cryptohunt421
USD/SEK: GO LONG!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 to protect your capital and have a stop loss! Not a financial advice. Enjoy your trade! Longby vf_investment3