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SWEDISH KRONA / U.S. DOLLAR

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SEKUSD trade ideas

Sweden deflation incomingHere are some of the deflationary causes. - Swedish corona handling - Unopened theme parks - Mass firings on the way (less spending) - Swedes can't travel and spend due to fear of the fake virus - interest rate increased 2020 - bombings and rapes create fear (deflationary) - housing sales on market increased 28% compared to year ealier. A housing crash is deflationary - Swedish krona internationally regarded a safe haven during bad times globally (deflationary) - Cash free society in sweden generated no free market (black market), and stops money velocity from increasing (deflationary) See my video on the topic if interested... in English: www.youtube.com (or in Swedish: www.youtube.com )
Long
by UncannyDeduction
ridethepig | SEK Long-Term Macro Map📍 USDSEK Long Term Macro Map After the " Moment of Truth for SEK " flow, which was so difficult with its own inherent positional issues, the next update here should appear all too straightforward again. Of course a well planned macro flow does not have to last forever; a dollar devaluation swing which only crops up occasionally, in fact can even threaten the 6.80x support. Some 8 candles later, the flows are following the widely mapped positional forecast. This swing has the clear fundamental advantage from the soft inherent picture in Sweden. Things have not settled down on the virus front which has become quite forgotten by many. Then of course when a second wave occurs in the Northern Hemisphere during the Winter months, the almost forgotten complacency will return, bringing a zig-zag into the initial forecast into the initial 8.20x target. Dollar seller's last move sees the impulsive swing being instated, for the threat is now the clear advance onto the main targets. It is therefore logically and casually relevant to all G10 crosses to include the DXY maps: At the point when this was made, Fed was seen as a deer in the headlights via Covid capitulation / flip flop and, with what immense trouble they will have now in achieving credibility after funding the Whitehouse policies in broad daylight!! Watch for the lows next week, its not quite so easy for buyers to dispose of the momentum here: if this happens we may enter into waterfall mode.
Short
by ridethepig
USDSEKWeekly/Daily/H4/H2/H1: Price is in a downtrend direction and currently approaching a support level which is also a key zone. 30m: In the lower time starting from 30m to 5m I can see price is holding 9.4300 level in a consolidation form and it is forming a triangle wedge in the next few days." Scenario A: Price could continue to drop until 9.31000 Scenario B: Price might hold the current level 9.43000 in a consolidation form and decide either direction Scenario C: It could target 9.55600 level and then retrace back to 9.43000 which if it holds again it could rally upward with a possible stop @ 9.67500 and second target @ 9.83100/9.88300. However, if it breaks to the downside, then I think scenario A is the best option.
Short
by UnknownUnicorn6297596
1