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
Market has broken below the horizontal line suggesting that price action is due for a temporary reversal of the most current bullish push. Market bias is short term Sell.. Target is shown
Market analysis of currency markets. The Main driving force of the U.S. Dollars currency is the DXY symbol, this; U.S. dollar Currency Index is the base of one of the most powerful currencies in the world. In this video Instock Chartist Jrow demonstrates how a Sunday at the office with a view overlooking Southside Wal streets firms Currency sector.
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
USDSEK is likely to pull back if the pair moves higher near 10.72. As long as USDSEK trades below 10.818, the outlook remains bearish within the first half of 2023. Resistance zone = 10.726, 10.748 and 10.818
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
We can see price came down impulsively and begins to range, (bear flag formation), will look for an entry on the third touch on the resistance of the flag for short
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
USDSEK price action has completed two touches on a potential expanding formation whilst forming a structure within in the form of an ascending channel. The potential third touch on the ascending aligns with the potential third touch on he outer expanding structure..Will be watching price action closely for potential shorts .
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
new highs are a long ways up from here.. I'm looking for usdsek to but in a higher low here and continue to the upside
The trend of The USD in heavy relation to USD Economy's Strength and direction. Forex Currency pairs: USDCAD, USDJPY, USDDKK, USDSEK Follow the lead of the DXY; U.S. Dollar Currency Index The USD has Been In a Bearish Trend Since September 28th, 2022. The floor of this trend has not been yet identified and confirmed with high timeframe rejections. TVC:DXY