USDSEK reversed from resistance, potential drop! USDSEK reversed off its resistance at 9.4554 where it could potentially drop further to 9.3148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby TradeGATEHub5
USDSEK Bearish Tendency towards ~9.11 The market is consistently below the 200, 50, and 20-Day EMA, the weekly upward trend since JAN2018 broken around 20 November 2019, since then consistent bearish movement. Around 9.44300 strong resistance upwards, if broken to ~9.50 and beyond, bullish reversal quite likely. Otherwise anticipate continuous bearish trend with supports at ~9.34500, ~9.25500, and ~9.11500 with upward spikes along the way. Bounce-back from 9.34 zone still a possibility, given the strong fundamentals of USD in general. The Abyss-Scenario could be bearish until ~8.70, then recovery. by UnknownUnicorn62234234
USDSEK reversed from resistance, potential drop! USDSEK reversed off its resistance at 9.4554 where it could potentially drop further to 9.3148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby easyMarkets2
USDSEK reversed from resistance, potential drop! USDSEK reversed off its resistance at 9.4554 where it could potentially drop further to 9.3148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks Shortby FlowState4
USDSEK potential reversal! USDSEK expected to rise up to 1st resistance at 9.49144 where it could potentially react off and drop down to 1st support at 9.32237. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Shortby Pepperstone4
USDSEK ShortI am getting ready to add to short position established @ 9.72 Target set earlier at 8.787 new position could be at or around 9.5 best of luck Nidal AlzubaidiShortby Nidal-Alzubaidi4
USDSEK potential reversal! USDSEK expected to rise up to 1st resistance at 9.49144 where it could potentially react off and drop down to 1st support at 9.32237. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Shortby Pepperstone4
USDSEK approaching resistance, look out for potential reversal! USDSEK is approaching its resistance at 9.4554 where it is could reverse down to its support at 9.3148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby ICmarkets10
USD/SEK Short Opportunity After Re-TestThis idea is for demonstration and educational purposes only. Observance of break of trendline at key zone in the market. Watching for re-test to previous zone and continuation downward. Shortby mrsceleste13
USDSEK - Weak kneesUSDSEK (1H) - intraday bearish bias The greenback struggled to keep its lead after rising above the resistance level of 9.4280. The price has fallen back to test the major support of 9.3850. The bearish RSI divergence where the indicator failed to achieve a higher high despite a bullish price action foreshadows a deceleration in the upward momentum. If the US dollar cannot get back above 9.4220 we would expect the mood to turn sour and the pair could break below 9.3850 and resume its downtrend. Key support: 9.3850 Key resistance: 9.4220Shortby INFINOX_Capital2
USDSEK reversed from resistance, potential drop! USDSEK reversed off its resistance at 9.4554 where it could potentially drop further to 9.3148. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Shortby Pepperstone5
USDSEK potential reversal! USDSEK expected to rise up to 1st resistance at 9.4554 where it could potentially react off and drop down to 1st support at 9.3148. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby ICmarkets8
USDSEK - Long Idea. Second attempt to catch this one, I will be looking to take profits and/or go to break even at the daily 200EMA. I have had questions; why I'm trading the Swedish Krona?, My broker provides it and the spread is reasonable. The Krona also makes up part of the USD Index... 1% Risk, 1.75:1RR -Happy Trading!Longby MattArmstrongUpdated 446
USDSEK bounced from support, potential for a further rise! USDSEK bounced off 9.3148 where it could potentially rise further to 9.4554. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby TradeGATEHub4
USDSEK - Temporary pullbackUSDSEK (1H) - short term bearish bias The US dollar is making another attempt at the previous high of 9.4100 in what looks like a horizontal consolidation pattern. The RSI divergence suggests that the bearish momentum has slowed down, especially after the indicator penetrated the over-sold area. The recovery may have prompted some profit-taking but market sentiment remains bearish and we could expect a continuation to the downside when the price drops below the immediate support of 9.3350. Key support: 9.3350 Key resistance: 9.4100Shortby INFINOX_Capital5
usdsek in new downtrend target 9.1917 $ moving down gold silver setting stage for a move up best of luck Nidal AlzubaidiShortby Nidal-Alzubaidi6
USD/SEK Outlook.Technical confirmation of macroeconomic information on the Swedish Krona. Multiple factors point toward a weakening dollar, and a strengthening Krona, namely an increase in interest rates by the Bank of Sweden after nearly 10 years of negative rates, and the probability of further quantitative easing by the US Federal Reserve. Shortby Vercingetorix01113
USDSEK VS DXY SEK is a clear prediction where would the $ go it s sell and new down trend established see the chart Nidal Alzubaidi Shortby Nidal-Alzubaidi5
USDSEKUSDSEK has been showing some nice support at some key zones. Though I'm in for a long at the monthly S1, if the trade works out I'm probably early so there should be another chance to enter - if you think USD has some overall strength still to show. Reason for the expectation that there will be another entry - their CB will be on deck next week. They have widely telegraphed that they will tighten at this meeting - and that has been the main reason for SEK strength in the last few months. We should expect continued SEK strength into the meeting unless the USD side of the equation strengthens considerably. However, looking beyond that, they have already said that they expect rates to stand pat for a considerable length of time after this raise - so unless they change this narrative, there should be a bounce for USDSEK, perhaps after a brief sell-off immediately after the announcement. My stop could be a little too tight here - SEK likes a decent spike as it isn't as liquid as the main pairs - but the H1 price action does look promising - there's enough ammunition in the buyers to break the trendline so even if we reach new lows in the next week before the CB meeting, this is a decent sign buyers are stepping back in. Of course, this trade relies on the idea that USD strength will remain going into the end of December/ 2020. I'm in that camp so I will happily take this trade - but of course, will always on the lookout for the right signs that USD weakness is around the corner (as is widely expected for 2020).by ForexVoxUpdated 9