Get started

SEK

GBPSEK: Channel Up on 1W. Long term Buy opportunity.The pair is trading within a 1W Channel Up (RSI = 71.320, MACD = 0.168, Highs/Lows = 0.2551) since the start of the year. Recently a new aggressive bullish leg has been initiated on 1D (RSI = 70.181) which aims at a new Higher High for the Channel within 13.2000 - 13.3000. Note that the very same 1W Channel Up was traded from September 2017 - April 2018. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
Swedish Krona time for a big bounceING bank keeps spreading fear about the SKrona. "Their central bank is dovish, will put it under pressure". They announced yesterday they reached their targets of 10.60, this could be when every one takes profit. On the higher time frames, we can see there is a resistance in this area, might be a little higher depends how you draw it, but it is approximately in that area. So I am not aiming for the SEK to gain strength long term, but I am betting on a bounce. Also, the EURO is no longer on an upity upitytrend, might dump soon. The SEK right now is not super negative, it is neutral (and at ING traders target and at resistance), until the 12 March (When the Swedish bonds mature). I see no reason to short the SEK until then. If it is neutral and the euro bearish well... The euro has been in a bear market for almost 1 year now. A dump looks imminent.
Short
by MrRenev
1
NZDSEK: Crossroads. Higher High or Consolidation?The pair successfully made a Higher Low within the 4H Channel Up (RSI = 57.295, MACD = 0.008, Highs/Lows = 0.0000) and at the moment is bouncing back up. Our estimate for the next Higher High is 6.2020 but we'll use a more moderate TP = 6.1800. However this time it will be face heavy Resistance at 6.1250 which is the Resistance of the 6.0495 - 6.1250 High Volatility zone on 4H, which can develop into a Consolidation Zone. Therefore manage the risk accordingly. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
NZDKSEK: Shorting the Higher High/ Resistance.The price is trading on a stable 4H Channel Up (RSI = 68.273, MACD = 0.025, Highs/Lows = 0.0242) and is approaching the patterns potential Higher High ~6.1250, which also happens to be the Resistance on 4H. This combination creates an optimal sell opportunity on a very short term basis, TP = 6.0600. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Short
by InvestingScope
EUR/SEK 1H Chart: Two scenarios likelyThe EUR/SEK currency pair has been trading in the falling wedge since the middle of August. Also, the pair has reached the lower boundary of the long-term ascending channel. Currently the rate is testing the lower channel line at 10.22. If given channel holds, a reversal north occurs in the nearest future and a breakout north from the wedge follows. Potential upside target is the Fibonacci 23.60% retracement at 10.45. If given channel does not hold, the pair continues to trade within the wedge. A possible breakout north from given pattern might occur near the 10.15 mark.
by UnknownUnicorn890690