EUR/SEK
EUR SEK
- SEK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURSEK
ISIN:

EUR/SEK - Daily - Technical analysis published on 05/21/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 10.2319 SEK
My targets
10.0209 SEK (-0.1120)
9.6391 SEK (-0.4938)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/SEK as long as the price remains well below 10.2319 SEK. The sellers' bearish objective is set at 10.0209 SEK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 9.6391 SEK. In case of crossing, the next objective would be the support located at 9.4557 SEK.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.3

Complete this analysis for another time unit:
15 min. 1H Weekly
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

EUR/SEK rating 10.1329 SEK. The price registered a decrease of -0.21% on the session and was traded between 10.1148 SEK and 10.1640 SEK over the period. The price is currently at +0.18% from its lowest and -0.31% from its highest.

10.1148
10.1640
10.1329

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in Daily of this EUR/SEK chart shows a bearish trend. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily


Horizontal support is broken

Type : Bearish

Timeframe : Daily


Support of triangle is broken

Type : Bearish

Timeframe : Daily



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9.6391 10.0209 10.1073 10.1329 10.2319 10.2827 10.4157
Change (%) -4.87% -1.11% -0.25% - +0.98% +1.48% +2.79%
Change -0.4938 -0.1120 -0.0256 - +0.0990 +0.1498 +0.2828
Level Major Major Major - Major Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.092510.117310.136410.161210.180310.205110.2242
Camarilla10.143510.147610.151610.155610.159610.163710.1677
Woodie10.089810.115910.133710.159810.177610.203710.2215
Fibonacci10.117310.134010.144410.161210.177910.188310.2051


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.975710.034310.075910.134510.176110.234710.2763
Camarilla10.090010.099110.108310.117510.126710.135910.1451
Woodie9.967210.030110.067410.130310.167610.230510.2678
Fibonacci10.034310.072610.096210.134510.172810.196410.2347


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.85799.969510.074310.185910.290710.402310.5071
Camarilla10.119710.139510.159410.179210.199010.218910.2387
Woodie9.85469.967810.071010.184210.287410.400610.5038
Fibonacci9.969510.052110.103210.185910.268510.319610.4023

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 48.07
MACD (12,26,9): -0.0039
Directional Movement: 1.4941
AROON (14): -35.7143
DEMA (21): 10.1391
Parabolic SAR (0,02-0,02-0,2): 10.1025
Elder Ray (13): -0.0037
Super Trend (3,10): 10.2549
Zig ZAG (10): 10.1334
VORTEX (21): 1.0117
Stochastique (14,3,5): 50.78
TEMA (21): 10.1342
Williams %R (14): -75.85
Chande Momentum Oscillator (20): -0.0676
Repulse (5,40,3): -0.5453
ROCnROLL: 2
TRIX (15,9): -0.0094
Courbe Coppock: 0.28
MA7: 10.1379
MA20: 10.1437
MA50: 10.1640
MA100: 10.1330
MAexp7: 10.1387
MAexp20: 10.1453
MAexp50: 10.1500
MAexp100: 10.1628
Price / MA7: -0.05%
Price / MA20: -0.11%
Price / MA50: -0.31%
Price / MA100: +0.00%
Price / MAexp7: -0.06%
Price / MAexp20: -0.12%
Price / MAexp50: -0.17%
Price / MAexp100: -0.29%

Quotes : - Real time data - Forex

News


The last news published on EUR/SEK at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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