EURSEK reversed off its resistance at 10.58117 where it could potentially drop further to 10.53083. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURSEK reversed off its resistance at 10.57766 where it could potentially drop further to 10.52923. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURSEK is expected to drop to 1st support at 10.48813 where it could potentially react off and up to 1st resistance at 10.50905. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURSEK long swing trade setup based on higher time frames trending up, green volume, higher highs. Entry on this pullback to .618 fib zone. Not financial advice..
EURSEK : Price is consolidating. It will break out very soon. The double top indicates it may break out to the downside, however we need to wait for confirmation because price is at a very strong support level. EURSEK
FOREXCOM:EURSEK This is currently in a strong uptrend, however a reversal may occur after it reached the previous high (Peak to the left). It is best to allow this to run and put on a short position after the support level is broken. Will still need to watch and make sure there is no bounce on the lower trend line.
there is a possible head and shoulders. for confirmation, need to close a candle above the neck-line. until the closing above the neck-line I do not open a position
EURSEK looking to bounce on the trend line to continue up long. if it does break the trend then opportunities for short will arise
Retracement on psychologial 10.00 level breakout. CB ha no intention of raising rates, deep negative real rates and problems on the housing market. Retracement has reached 50% fib level @ 9.86. Go Long @ 9.8960 Take Profit @ 10.16 Stop Loss @ 9.85
Eursek is moving in a stable uptrend on a daily basis. At the beginning of May, a long white candle, associated with unusual volumes, has broken above the range. We expect to see further strength on following days. Please follow up on www.wallstreetimes.com for further analyses.
Entry @ break of second waves 0.618 retracement Stops @ new low below first waves 0.618 retracement or below 0.500 retracement (multiple violation of strong supports) based on preference Target @ first waves -0.272 level (third wave completion), or alternatively at previous high. After 3 failed tests price broke out from range and in spite of returning a second...
As predicted, it found support on the previous high-trend line. SEK is releasing 'Industrial numbers in within the half hour, also EUR is releasing PMI within the hour. Depending on the released numbers, I strongly believe EURSEK is a long. Buying volume seems much stronger than selling. No cash build to be seen the last week. If it breaks above the 200MA (orange...
Price come back to Demand Zone, create divergence at D1 TF and starting UP.