Get started

SWEDISH KRONA / EURO

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

SEKEUR trade ideas

EURSEK SHORT (WEEKLY) - correction of earlier long ideaI had given a vague head and shoulders pattern that suggested a long that was visible on the daily chart. The stochastic indicator which usually affirms the directional bias in some cases for me was not in agreement. So I had to dig deeper rather than just relying on the said vague head and shoulder and am convinced EURSEK will go down to 9.33 BEFORE trending LONG. The exact pattern (completed pattern) can be found on the EURJPY weekly chart. The fib ratios are the same, the difference is that the pattern on the EURJPY is inverted.
Short
by KeTrader
EUR/SEK 1D Chart: Channel in TriangleBy large the slow moving low volatile EUR/SEK pair has been slowly moving in an ascending channel pattern on the daily chart. However, it has experienced a distinct spike in the second half of September, which in general is a cause for caution. Meanwhile, on a larger scale the currency exchange rate has formed a massive scale triangle pattern. The tip of the triangle is located almost at the 9.50 mark and in the year of 2018, which means that the triangle might hold for a long time. Although one should watch for possible breakouts near its borders. In regards to shorter term trading, the pivot points and the daily simple moving averages are a good guide.
by UnknownUnicorn890690
EUR/SEK going down on all scalesThe common European currency recently reached the upper trend line of a junior descending pattern against the Swedish Krona. Due to that reason the pair can be considered at a significant crossroads for short term traders. If the pair passes the resistance, which is a lone one, it would surge first to the 100-hour SMA at the 9.50 mark and later on to the resistance cluster located from the 9.5110 mark to the 9.5165 level. On the other hand the rate might fall and search for support in the 55-hour SMA at the 9.4825 level. In addition, if the 55-hour SMA continues to decline, it will be strengthened by the weekly S1 at the 9.4796 level.
Short
by UnknownUnicorn890690
EURSEK - Daily - Karlsson is getting stronger... For now.Because, at the moment, I am a believer in the Euro weakening, I think it's a great opportunity for all other currencies to recover against it. This opportunity might not last for too long, but certainly is something to keep in mind for the time being. I think it is clear that it will try to touch the closest upward trend line. That's only if there won't be any ridiculous statements from the ECB or "Sverige". In the mean time, I am looking for it to touch that trend line and then we will have re-evaluate the situation. Maybe it will become a strong support and it will bounce from it higher. Personally me, I doubt that, because the ideal area for the bounce would be the even lower bubble on the lower trend line. But hey, what I want is not taken into consideration by the market. As always, keep an eye on the price action!
Short
by DariusAnucauskas