Eursekshort
EURSEK approaching support, potential for a further rise!
EURSEK approaching support at 10.3924 where it could potentially rise further to 10.6061.
*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.
EUR/SEK: Daytrade-Opportunity#SELLHey tradomaniacs,
welcome to another free signal!
Important: Wait for the market to retrace back to entry and wait for rejection before you sell.
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Type: Daytrade
Market Sell: 10,47000
Stop-Loss: 10,48830
Target 1: 10,45360
Target 2: 10,43665
Target 3: 10,42370
Stop-Loss: 184,3 pips
Risk: 1-2%
Risk-Reward: 2,5
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
EURSEK bounced from support, potential for a further rise!
EURSEK bounced off 10.3924 where it could potentially rise further to 10.6061.
*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.
EURSEK approaching resistance, look out for potential reversal!
EURSEK is approaching its resistance at 10.58175 where it is could reverse down to its support at 10.48990.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EUR/SEK Short Trade: Goldman is also BearishGoldman Sachs : "Stay short EUR/SEK; target: 10.30, stop loss: 10.90.
Sweden, the most open economy in the G10,
stands to benefit from improving global growth and lower recession risk in the Euro area.
SEK tends to outperform in relatively benign growth scenarios with a modestly stronger Euro ,
which is close to our baseline scenario of a better—but not stellar—global environment.
The trade should also benefit from asymmetric monetary policy reaction functions.
While a number of global central banks (including the ECB) appear to have a lower hurdle for cuts than hikes,
the Riksbank has shown a strong desire to get out of negative territory.
We therefore think that it is highly likely to hike in December, and will then be reluctant to cut even if data deteriorate further."
Source: Sorry, No links in Ideas section ( violating House Rules ).
Comment on their Stop Loss: I would not recommend it to my worst enemies.
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
EURSEK approaching support, potential for a bounce!
EURSEK is expected to drop to 1st support at 10.61569 where it could potentially react off and up to 1st resistance at 10.74378.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.