USD/SEK

- SEK (-)

- Real time data - Forex

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Change:	-
Volume:	-

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

Type:	Forex
Ticker:	USDSEK
ISIN:

USD/SEK - Daily - Technical analysis published on 04/17/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 10.4312 SEK

My targets

10.1757 SEK (-0.1497)

10.0531 SEK (-0.2723)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on USD/SEK as long as the price remains well below 10.4312 SEK. The sellers' bearish objective is set at 10.1757 SEK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 10.0531 SEK. In case of crossing, the next objective would be the support located at 9.3182 SEK. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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

Force

6.4

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 10.3254 SEK. The price registered an increase of +0.00% on the session with the lowest point at 10.2811 SEK and the highest point at 10.3591 SEK. The deviation from the price is +0.43% for the low point and -0.33% for the high point.

10.2811

10.3591

10.3254

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

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

A technical analysis in Daily of this USD/SEK chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

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	9.3182	10.0531	10.1757	10.3254	10.4312	10.7303	11.1928
Change (%)	-9.75%	-2.64%	-1.45%	-	+1.02%	+3.92%	+8.40%
Change	-1.0072	-0.2723	-0.1497	-	+0.1058	+0.4049	+0.8674
Level	Major	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	10.1326	10.1840	10.2548	10.3062	10.3770	10.4284	10.4992
Camarilla	10.2919	10.3031	10.3143	10.3255	10.3367	10.3479	10.3591
Woodie	10.1422	10.1889	10.2644	10.3111	10.3866	10.4333	10.5088
Fibonacci	10.1840	10.2307	10.2596	10.3062	10.3529	10.3818	10.4284

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.8584	10.0470	10.1862	10.3748	10.5140	10.7026	10.8418
Camarilla	10.2354	10.2654	10.2955	10.3255	10.3556	10.3856	10.4157
Woodie	9.8338	10.0347	10.1616	10.3625	10.4894	10.6903	10.8172
Fibonacci	10.0470	10.1722	10.2496	10.3748	10.5000	10.5774	10.7026

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.5791	9.8954	10.1476	10.4639	10.7161	11.0324	11.2846
Camarilla	10.2436	10.2957	10.3478	10.3999	10.4520	10.5041	10.5562
Woodie	9.5472	9.8794	10.1157	10.4479	10.6842	11.0164	11.2527
Fibonacci	9.8954	10.1125	10.2467	10.4639	10.6810	10.8152	11.0324

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):	45.30
MACD (12,26,9):	-0.0296
Directional Movement:	-7.9376
AROON (14):	-28.5714
DEMA (21):	10.3553
Parabolic SAR (0,02-0,02-0,2):	10.5442
Elder Ray (13):	-0.0548
Super Trend (3,10):	10.6499
Zig ZAG (10):	10.3292
VORTEX (21):	0.9340
Stochastique (14,3,5):	20.35
TEMA (21):	10.3345
Williams %R (14):	-72.61
Chande Momentum Oscillator (20):	-0.0300
Repulse (5,40,3):	-0.0930
ROCnROLL:	2
TRIX (15,9):	-0.0345
Courbe Coppock:	0.17

MA7:	10.3840
MA20:	10.3727
MA50:	10.4446
MA100:	10.4231
MAexp7:	10.3546
MAexp20:	10.3908
MAexp50:	10.4256
MAexp100:	10.4560
Price / MA7:	-0.56%
Price / MA20:	-0.46%
Price / MA50:	-1.14%
Price / MA100:	-0.94%
Price / MAexp7:	-0.28%
Price / MAexp20:	-0.63%
Price / MAexp50:	-0.96%
Price / MAexp100:	-1.25%

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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