SEK remains vigilant on the Riksbank – Danske Bank

Mikael Milhoj, Senior Analyst at Danske Bank, suggested the Nordic central bank keeps closely following the performance of the Swedish Krona. Key Quotes “Regarding the Scandies, there has been more action in USD/SEK than EUR/SEK lately. The significant USD sell-off pushed USD/SEK below th ...

USD/SEK hints at uptick selling

The hourly 50-period SMA broke through the slower 200-period SMA, adding credence to the recent bearish USD/SEK profile.From here, if USD/SEK spot rises closer to the level where the moving averages crossed, then sellers might see it as an opportunity to reenter at a better price. Furthermore, ...

USD/SEK sitting flat right now

The following USD/SEK set-up, outlined from an hourly perspective, consists of a weakening technical structure accompanied by very low volatility. Recent trading has been happening below the 50 exponential moving average, a bearish condition which, should it persist, would make more SAR indicato ...

USD/SEK sitting flat right now

The following USD/SEK set-up, outlined from an hourly perspective, consists of a weakening technical structure accompanied by very low volatility. Recent trading has been happening below the 50 exponential moving average, a bearish condition which, should it persist, would make more SAR indicato ...

USD/SEK sitting flat right now

The following USD/SEK set-up, outlined from an hourly perspective, consists of a weakening technical structure accompanied by very low volatility. Recent trading has been happening below the 50 exponential moving average, a bearish condition which, should it persist, would make more SAR indicato ...

Signs of exhaustion apparent in USD/SEK

Outlined from an hourly perspective, the [pair] is being carried into new low ground but reflecting an extremely low volatility.Usually associated with the formation of narrow consolidation ranges, there is a chance for volatility to expand again and for price to break out and start a new upwar ...

Signs of exhaustion apparent in USD/SEK

Outlined from an hourly perspective, the [pair] is being carried into new low ground but reflecting an extremely low volatility.Usually associated with the formation of narrow consolidation ranges, there is a chance for volatility to expand again and for price to break out and start a new upwar ...

Signs of exhaustion apparent in USD/SEK

Outlined from an hourly perspective, the [pair] is being carried into new low ground but reflecting an extremely low volatility.Usually associated with the formation of narrow consolidation ranges, there is a chance for volatility to expand again and for price to break out and start a new upwar ...

USD/SEK sitting flat right now

The following USD/SEK set-up, outlined from an hourly perspective, consists of a weakening technical structure accompanied by very low volatility. Recent trading has been happening below the 50 exponential moving average, a bearish condition which, should it persist, would make more SAR indicato ...

SMA cross injuring USD/SEK

The bearish offensive in USD/SEK has resulted in a cross of the 50-period below the 200-period SMA.The signal emerged on 4-hour charts further deteriorating the near-term USD/SEK price structure. While conservative sellers will wait for a close below recent support as a confirmation of ...

USD/SEK momentum is supportive for attempt higher

On the 4hr USD/SEK chart, the MACD has moved above zero making the near-term structure supportive for an attempt higher.Such a momentum indication, unseen for at least for 30 periods, indicates that key price breaks are on the horizon. There is a real threat of USD/SEK rate moving now considerabl ...

USD/SEK stages powerful rally

Accordingly to the 1-hour MACD, the runaway USD/SEK market has reached its highest intraday momentum of the last month of trading.Caution is advised not to trade into a buying climax as a torrent of selling could very well ensue. This could take the form of short-term profit taking or long-ter ...

USD/SEK MACD higher lows indicates upside ahead

A run of USD/SEK MACD higher highs and lows, could imply a shift in sentiment ahead.In recent weeks, the pair has suffered declines, but in the short term at least, we could experience a move to bullish sentiment. This is highlighted by the MACD posting higher highs and lows on the 4-hour chart. A ...

USD/SEK hammered support

A hammer reversal pattern hints that bearish momentum may be slackening in USD/SEK.The pattern emerged on the daily chart where the Percentage Price Oscillator - a normalized MACD- has been printing below -1. While the oscillator is not at its extremes, there is a real threat of prices moving no ...

USD/SEK closed hesitant to pick direction

The emergence of a Southern doji pattern on the USD/SEK daily chart suggests a certain degree of exhaustion in the market.During a decline, this candlestick pattern usually changes the market's short-term trend from down to neutral. In this case, with the RSI below 30% on this time frame, th ...

12