USD/SEK will reverse back in the following daysThe pair will reverse back in the following days after being whipsawed, sending the pair lower toward its previous low. Sweden leaves the negative territory of interest rate in the last month of 2019. This has fueled the Swedish Krona against the US dollar. However, the greenback managed to fight the krona following the signing of the US-China trade deal. Despite this, investors are worried about the future of the US dollar as impeachment in the House of Senate begins. Under the Trump Administration, US indices hit record levels and unemployment reached 50-years low. Another concern from investors was the diminishing leadership of America in the global arena. As Europe introduces a greener economy, the US is moving away and pumping oil as much as possible. America even reached records of daily oil production as demand for the black gold continues to surge. A street in Stockholm became the first location in Sweden to ban old diesel cars.by Financebroker6
USDSEK - Building bullish strengthUSDSEK (1H) - short term bullish bias The US dollar has regained strength overnight and is aiming for the previous high. Last week's rally had shown signs of exhaustion with the RSI indicator forming a double top in the over-bought area. Yesterday's pullback was a temporary pause to let buyers catch their breath. The demand zone of 9.4900 revealed strong buying pressure and was enough to contain the retracement. The uptrend is still intact and we would expect the pair to challenge the major resistance of 9.5380. A breakout could extend the rally towards 9.5500. Key support: 9.5080 Key resistance: 9.5380Longby INFINOX_Capital5
Sell USD/SEKWE ARE IN THE BEGINNING OF WAVE A, WILL WAIT FOR AN UPWARD MOVEMENT TO COMPLETE THE WAVE B, AND THEN LOOK FOR A SELL SETUP DOWNWARD WITH WAVE C TO THE LEVEL OF 9.4425.Shortby Joe_Damien3
USD/SEK Upward MoveUSD/SEK changes the trend starting from this week and goes for the eye! Follow for more. Entry: 9.37 Stop-Loss: 9.27 Target: 9.55 Have a nice week!Longby UpbeatFXUpdated 6
USDSEK, Trading plan!The best places for open Buy positions will be above the Mirror Level and above the Support/Resistance Zone. If I'll se an accurate entry point I will make an update. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support! Longby Yuriy_Bishko4440
Sell USD/SEKWe are in the Wave downward. Perfect time to sell. We are expecting this price to reach 9.3925 with a stop loss 9.5330/Shortby Joe_Damien4
Nice sell opportunityFlat structure. Clear sell, decent risk/reward. Daily timeframe looks attractive to the downsideShortby UnknownUnicorn338258021
USDSEK Heading Up?Broken trendline and rest of previous support structure are speaking of bullish move.by UnknownUnicorn16321695
USDSEK - Forecast on H1 - approaching daily resistanceapproaching daily resistance wait break down rising wedge pattern and retest => SELLShortby AnhThuc01116
USDSEK - Upbeat sentimentUSDSEK (1H) - short term bullish bias The US dollar maintains its way up across the board ahead of today's jobs report. After bouncing off the psychological support level of 9.3000, the greenback has been climbing higher and breaking through resistance. Sentiment remains upbeat as the moving averages and the trend line provide a strong incentive to go with the uptrend. Volatility from the non-farm payrolls may test buyers' commitment as the RSI is pointing to an over-extension. But as long as the support lines stay in place, we would expect an extended rally. Key support: 9.4700 Key resistance: 9.5400Longby INFINOX_Capital10
USDSEK: Pressure by the MA50. Buy opportunity lower.USDSEK had a strong enough rebound on the July 19, 2019 Support, managing to turn 1D bullish again (RSI = 55.827, ADX = 26.453, Highs/Lows = 0.0481) since November. We are expecting this bounce to accumulate more buyers in the process aiming at the 9.7000 Symmetrical Resistance. Conservative traders may enter a little lower as a pull back is very much possible if the 1D MA50 (blue line) holds. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.Longby InvestingScope12
USDSEK Continuation of downtrend ShortUSDSEK has been in a downtrend and has hit the trend line with signs that it is not going to reverse, I will be watching the movements in the near future. I am expecting the price to drop from hereShortby drbeppo4
USDSEK potential reversal! USDSEK expected to rise up to 1st resistance at 9.4554 where it could potentially react off and drop down to 1st support at 9.3148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby easyMarkets6
USDSEK correctionUSDSEK is the $ Canary in the Mine Target for this correction is 9.54 best wishes Nidal Alzubaidi by Nidal-Alzubaidi4
USDSEK reversed from resistance, potential drop! USDSEK reversed off its resistance at 9.4554 where it could potentially drop further to 9.3148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby TradeGATEHub5
USDSEK Bearish Tendency towards ~9.11 The market is consistently below the 200, 50, and 20-Day EMA, the weekly upward trend since JAN2018 broken around 20 November 2019, since then consistent bearish movement. Around 9.44300 strong resistance upwards, if broken to ~9.50 and beyond, bullish reversal quite likely. Otherwise anticipate continuous bearish trend with supports at ~9.34500, ~9.25500, and ~9.11500 with upward spikes along the way. Bounce-back from 9.34 zone still a possibility, given the strong fundamentals of USD in general. The Abyss-Scenario could be bearish until ~8.70, then recovery. by UnknownUnicorn62234234
USDSEK reversed from resistance, potential drop! USDSEK reversed off its resistance at 9.4554 where it could potentially drop further to 9.3148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby easyMarkets2
USDSEK reversed from resistance, potential drop! USDSEK reversed off its resistance at 9.4554 where it could potentially drop further to 9.3148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks Shortby FlowState4
USDSEK potential reversal! USDSEK expected to rise up to 1st resistance at 9.49144 where it could potentially react off and drop down to 1st support at 9.32237. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Shortby Pepperstone4
USDSEK ShortI am getting ready to add to short position established @ 9.72 Target set earlier at 8.787 new position could be at or around 9.5 best of luck Nidal AlzubaidiShortby Nidal-Alzubaidi4