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U.S. Dollar / Swedish Krona
FX
USDSEK
KeytoMarkets
11 views
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Supports are at 9.0340 below here, 9.0000 exists. A break of these would be needed to initiate further retracement to 8.9830 and 8.9550 its 50MA. Resistances at 9.0925, 9.1630 and 9.1880. The erosion of these thresholds would be needed to initiate a more pronounced recovery to August high 9.2470 and 9.3280. The daily RSI has been propelling down, and the...
Pedro_amad0
57 views
・
We are buying a bullish trend reversal at the bottom of an ascending channel. The stop loss was placed at the las botton and the target is at the channel top. The stop should be moved to bottoms left after the buy.
Profile
The U.S. Dollar vs. the Swedish Krona. At times of market stress the U.S. dollar can act as a safe-haven asset, but swings in broad-based investor trends can make the USD/SEK exchange rates very sensitive. The pair can also sensitive to relative monetary policy expectations for the Federal Reserve vs. the Riksbank, Sweden’s central bank.
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