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
In this update we review the recent price action in the USDSEK and identify the next high probability trading opportunities and price objectives to target
As USDSEK works its way into previous resistance it may be time to start covering longs and look for short entries.
looking for a similar plays in USDCHF and USDSEK. looking for price action to put in a bottom and head for new highs
A few of the basket pairs seem to be lagging behind DXY. Did DXY pave the way? Is DXY showing us what the near future will hold for these pairs? Watching and waiting to see what happens here
As you can see, price action on the chart to the left (DXY) has broken and is currently trading above last week's highs. The chart to the left (USDSEK) appears to be "lagging" compared to DXY, and the other basket pairs. Looking for USDSEK to move high and get back into correlation with DXY basket
Despite some slow down of inflation in Sweden, this one looks to be ready to break down from a triangle soon. If FED dissapoints to bring more hawks after US PCI miss last week, I think this one can easily break down into a fifth wave.
Found the lagger.. now we wait. Watching for this to move in correlation with the rest of the basket pairs
off the 4H chart usdsek is making a classic head and shoulders pattern to go along with my bearish DXY idea . Watching for the neckline break and bearish continuation
this is exactly the kind of chart I need right now.. with RR this good I could easily make up for last week and then some!
USDSEK - Let's sit & wait... Most favourite plan to do on the weekend is my weekend analysis. The market is close, going through higher TF, getting into the zone and ready to crush another week of trading! USDSEK - Another trading pair I occasionally trade. I feel the behaviour of SEK is very interesting, i'd say I do trade relatively small on this pair but the...
USDSEK Target Price 10.53910. Buy Limit Entry At 10.42160.
Looking for sells on USDSEK. Hopefully USD news does not cause an issue.
The USDSEK pair has been rising parabolically all year due to the well-known fundamental reasons empowering the USD amidst the high inflation. The price has finally reached though a technical level that we have to consider as it has been forming long-term tops over the past 7 years. As you see on this 1W chart, the Resistance we are referring to is the Higher...
Buying abc 100% retracement for another push higher R:R 3.5
By the close of last week's trading session, the top 3 worst performing currency pairs came out to be the USD/PKR (-4.91%), NZD/USD (-2.61%), and USD/SEK (-2.04%). To help determine the direction that these pairs will take this week, we will use the Hacolt Indicator (Vervoort Heiken-Ashi Longterm Candlestick Oscillator). Will the pairs continue to slide, or are...
1 hour short. Maybe Im a little too early. But hey. - USD might be over extended here. - Seasonality - Small heads and shoulder Tight stop and see if it can break the smaller trend line and then carry on further down. The idea is that we will see some counter-trend move until new year. Seasonally it can be a bit more risk on.