USD/SEK

- SEK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	USDSEK
ISIN:

USD/SEK - Daily - Technical analysis published on 01/27/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

50%

22%

My opinion

Bearish under 10.4312 SEK

My targets

10.1684 SEK (-0.1504)

9.8473 SEK (-0.4715)

My analysis

USD/SEK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 10.4312 SEK. The next support located at 10.1684 SEK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 9.8473 SEK. Below this support, sellers could then target 9.6712 SEK. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

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

Force

6.8

Comment on the analysis

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

USD/SEK rating 10.3188 SEK. The price has increased by +0.49% since the last closing and was between 10.2574 SEK and 10.3203 SEK. This implies that the price is at +0.60% from its lowest and at -0.01% from its highest.

10.2574

10.3203

10.3188

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of USD/SEK indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 5 are bullish, 4 are neutral and 9 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.6712	9.8473	10.1684	10.3188	10.4312	10.6963	11.1928
Change (%)	-6.28%	-4.57%	-1.46%	-	+1.09%	+3.66%	+8.47%
Change	-0.6476	-0.4715	-0.1504	-	+0.1124	+0.3775	+0.8740
Level	Intermediate	Minor	Major	-	Major	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.0521	10.1197	10.1940	10.2616	10.3359	10.4035	10.4778
Camarilla	10.2293	10.2423	10.2553	10.2683	10.2813	10.2943	10.3073
Woodie	10.0555	10.1214	10.1974	10.2633	10.3393	10.4052	10.4812
Fibonacci	10.1197	10.1739	10.2074	10.2616	10.3158	10.3493	10.4035

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.9808	10.1101	10.1985	10.3278	10.4162	10.5455	10.6339
Camarilla	10.2270	10.2470	10.2669	10.2869	10.3069	10.3268	10.3468
Woodie	9.9604	10.0999	10.1781	10.3176	10.3958	10.5353	10.6135
Fibonacci	10.1101	10.1933	10.2446	10.3278	10.4110	10.4623	10.5455

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.8189	9.9844	10.2100	10.3755	10.6011	10.7666	10.9922
Camarilla	10.3281	10.3639	10.3998	10.4356	10.4715	10.5073	10.5432
Woodie	9.8490	9.9994	10.2401	10.3905	10.6312	10.7816	11.0223
Fibonacci	9.9844	10.1338	10.2261	10.3755	10.5249	10.6172	10.7666

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	44.45
MACD (12,26,9):	-0.0594
Directional Movement:	-5.5724
AROON (14):	-85.7143
DEMA (21):	10.2782
Parabolic SAR (0,02-0,02-0,2):	10.4577
Elder Ray (13):	-0.0323
Super Trend (3,10):	10.5911
Zig ZAG (10):	10.3105
VORTEX (21):	0.9378
Stochastique (14,3,5):	22.97
TEMA (21):	10.2588
Williams %R (14):	-60.83
Chande Momentum Oscillator (20):	-0.1510
Repulse (5,40,3):	0.4144
ROCnROLL:	2
TRIX (15,9):	-0.0559
Courbe Coppock:	4.16

MA7:	10.2599
MA20:	10.3905
MA50:	10.4111
MA100:	10.6911
MAexp7:	10.2815
MAexp20:	10.3486
MAexp50:	10.4470
MAexp100:	10.4981
Price / MA7:	+0.57%
Price / MA20:	-0.69%
Price / MA50:	-0.89%
Price / MA100:	-3.48%
Price / MAexp7:	+0.36%
Price / MAexp20:	-0.29%
Price / MAexp50:	-1.23%
Price / MAexp100:	-1.71%

Quotes : - Real time data - Forex

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

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Londinia AI

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