Блог P3tr4
USDSEK RISING!!
Trading concept:Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below 20, the trend is bearish with …
USDSEK RISING!!
Trading concept:Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.When it crosses up above 80, it is still a good place to go long, but with caution, as suchareas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below 20,the rend is bearish with a s…
USDSEK to go higher
Indicators used:
Stochastics (default setting)
Bollinger bands (default setting)
I do not believe the dollar rally is over.
From the weekly chart, we can see the pair in a very tight range, my forecast only comes to play if price is able to breach the upper band of the bollinger bands.
we can see the stochastic indicator crossing downwards, signaling a possible correction before and more climb by the pair.
the weekly chart is showing a range, with more pressure to the down side. The Stochastic…
Stochastics (default setting)
Bollinger bands (default setting)
I do not believe the dollar rally is over.
From the weekly chart, we can see the pair in a very tight range, my forecast only comes to play if price is able to breach the upper band of the bollinger bands.
we can see the stochastic indicator crossing downwards, signaling a possible correction before and more climb by the pair.
the weekly chart is showing a range, with more pressure to the down side. The Stochastic…
Dollar rally to end!!
I think the U.S dollar has gained enough, i forecast the rally coming to a sharp end.
The usdsek has been above the bollinger bands and has been climbing up. I see a possible drop to 1.78
That area was a previous consolidation area, before the pair broke out upwards, expecting price to get back there before any further move up.
The usdsek has been above the bollinger bands and has been climbing up. I see a possible drop to 1.78
That area was a previous consolidation area, before the pair broke out upwards, expecting price to get back there before any further move up.
Dollar decline
After a strong rally, i expect the usdsek to drop.
I have marked certain support levels on the daily chart. I expect price to hit those levels before any further climb.
The pair i currently at the resistance level of its monthly range, expect a drop towards support.
I have marked certain support levels on the daily chart. I expect price to hit those levels before any further climb.
The pair i currently at the resistance level of its monthly range, expect a drop towards support.
Bears on the USDSEK
With overall united states dollar strength, the pair is very much above the 20EMA and 200EMA on the daily chart.
we can however see that there is a previous day bullish candle, and the pair has yet to breach it previous high. If the pair is unable to make new highs, then i expect a strong retracement downwards.
Possible retracement levels are between 7.0 - 7.06, my target is the lower value.
we can however see that there is a previous day bullish candle, and the pair has yet to breach it previous high. If the pair is unable to make new highs, then i expect a strong retracement downwards.
Possible retracement levels are between 7.0 - 7.06, my target is the lower value.
USDSEK rally
The USD SEK has been dropping, on the daily chart we can see that the pair is stuck in some kind of range, and price is gradually approaching the lower bottom of that range. I expect the USD to rally against the SEK.
We can see the range in the chart below.
The monthly chart shows an even smaller range, i expect a breakout upwards to 8.0
We can see the range in the chart below.
The monthly chart shows an even smaller range, i expect a breakout upwards to 8.0
USDSEK bulls on the move
Its the 3rd quarter of the year, i expect alot of safe haven investments. Risk levels on investments will be expected to drop. This situation greatly favours the U.S dollar. On the weekly chart, the USDSEK has again bounced off a major support, and the weekly candle, still not completed, already looks bullish. My target is the 200EMA on the weekly, depending on the antics of the Feds, i expect the USD is gain massively.
we can already see some bullish potential on the one hour chart, with price …
we can already see some bullish potential on the one hour chart, with price …