The USDSEK pair followed our trading plan to perfection last time we made a sell call on it (October 06 2023, see chart below) as it completed the Head and Shoulders pattern and aggressively declined to hit our 10.4500 Target: At the moment the price is ranging within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) being Support and Resistance...
DXY - 48 hrs. Today a personal friend who has known me for years, even decades, told me that if one doesn't know you personally and only reads your writings, one might get the impression that you are a critic of the Fed's current monetary policy. No, that's definitely not me! I am even of the opinion that the FED did the best possible thing it could do -...
USDSEK crossed over the LH trend-line as well as the 1D MA50, ending the 1 month pullback and turning the 1D timeframe bullish again (RSI = 57.915, MACD = -0.004, ADX = 28.535). According to two same fractals within 2023, we should be expecting at least a test of the Resistance, if not the 1.236 Fibonacci extension. As long as the 1D MA50 holds, we are short term...
We haven't looked at the USDSEK pair in exactly 1 year but it was that Higher Higher rejection (see chart below) that gave us the best sell opportunity since COVID: On the 1D time-frame an Ascending Triangle has emerged since and the price has been rejected on the latest September 21 Higher High. We can see the emergence of a Head and Shoulders pattern that...
What do we have here ? A Bottom Fishing Program signal which indicates the trend reversal . everything else is on the chart
USDSEK is trying to confirm a Right Shoulder of a Bearish Head and Shoudlers Pattern at the PCZ of a Harmonic Bearish AB=CD. If it is able to goback down from here and break through the neckline then we could see action similar to what we saw on the EURHUF.
This ticker is hovering under the ropes getting ready for a strong potential sneak drop. These sneak drops are good to catch because once you are in you can rest easy and goto bed. Simply because the move is almost guaranteed to be steady for hours in the direction. This happens because the candle wants to create the pattern it creates a solid black or white...
usdsek is currently at a range low. long for bullish continuation
This one is trying to sneak drop before anyone notices. Under emas and wanting to drop.
With two news releases today, the volatility in the markets may provide a few opportunities.
i think this chart is my favorite one out of the basket pairs; Its hard to beat 1:5 RR
With the global economy showing more resilience and the Fed slowing its pace of tightening, we believe EM currencies can outperform relative to G10 peer currencies this year. Attractive real yields should result in market participants accumulating exposure to developing currencies, while our assumption for contained banking sector stresses should lead to improved...
four thousand pips up for grabs on the usdsek 1H/4H chart if you agree with the bullish bias
* USDEK trade between Support & resistance USDSEK chart i searched & i got total 3 Support & 3 Resistance price on the chart if USDSEK go up trend site my trade plane is Buy stop order Entry point :- 10.76414 Stop lose :- 10.65767 Target 1 :- 10.87061 Target 2 :- 10.97708 Risk 2% 216USD Capital :- 10800USD if USDSEK go down trend site my trade plan is Sell...
looking for USDCHF shorts as it comes into market structure and a nice round number
Target 1 :- 10.8423 Target 2 :- 11.05496 Risk 2% on 10000USD capital First trade lot size :- 0.05 Second trade lot size :- 0.05
Taking a risky entry looking for a top here in USDSEK. DXY gapped right up into a resistance zone, looking to take this pair lower