Flagging...The pair this huge bullish flag (USDSEK is doing something similar). SL triggers if the flag is busted (daily candle should closed below the bottom of the flag)
EURSEK trade ideas
Trading Signal: EURSEK Buy OpportunityWe have identified a potential buying opportunity for the EURSEK currency pair based on our advanced analysis using the EASY Quantum Ai strategy.
Direction: Buy
Enter Price: 11.39205
Take Profit: 11.42587
Stop Loss: 11.34365
Analysis:
Our strategy suggests a bullish movement. Several factors contribute to this projection:
1. Technical Indicators: Our algorithms have detected strong support at the 11.39205 level, indicating a good entry point. Additionally, trend indicators like Moving Averages and RSI suggest an upward momentum.
2. Fundamental Analysis: Recent economic data from Sweden, including lower-than-expected GDP growth and rising inflation, suggests that the Swedish Krona may weaken against the Euro.
3. Market Sentiment: Sentiment analysis shows increased buying activity from institutional investors, indicating a bullish outlook for EURSEK.
4. Correlation Analysis: Cross-asset correlations support the bullish view, especially with the current market trends in European equity and bond markets influencing EUR positively.
Remember to follow proper risk management principles. Always set your Take Profit at 11.42587 and Stop Loss at 11.34365 to protect your investment.
Trade wisely and stay updated with the latest market trends through our EASY Quantum Ai strategy.
EUR/SEK "Swedish Krona" Bank Money Heist Plan on Bullish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist EUR/SEK "Swedish Krona" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
EURSEK in bullish trend EURSEK in bullish trend making a rising channel with RSI diversions, trade wilt a limit order sell stop.
EURSEK printing a cup and handle EURSEK making a cup and handle with no RSI diversions a good long trade setup can be seen, buy at a breakout with a buy stop.
EURSEK Trading Signal: Buy OpportunityAttention traders! A significant trading opportunity has been identified for the EURSEK currency pair. Based on the latest analytics using the EASY Quantum Ai strategy, we recommend the following trade:
Direction: Buy
Enter Price: 11.54785
Take Profit: 11.57526
Stop Loss: 11.5105
Our forecast is derived from several crucial factors:
1. Technical Analysis: Recent technical indicators show a strong bullish trend. The currency pair has broken through key resistance levels, suggesting continued upward momentum.
2. Market Sentiment: Current market sentiment towards the EUR is positive, driven by favorable economic data from the Eurozone, including better-than-expected GDP growth and declining unemployment rates.
3. Economic Indicators: The Swedish Krona (SEK) has shown weakness amid ongoing economic uncertainties in Sweden, particularly related to inflation control and lower-than-expected industrial output.
4. Algorithmic Insight: The EASY Quantum Ai strategy has identified a pattern that historically signals a high probability of upward movement.
This combination of technical and fundamental factors, bolstered by sophisticated AI analysis, points towards a profitable buying opportunity for the EURSEK currency pair. Execute the trade at the specified Enter Price, and target the Take Profit level while guarding against potential losses with the recommended Stop Loss.
Happy Trading!
EURSEK Trade Update: Now Up 1300 Pips!🚀 EURSEK Trade Update: Now Up 1300 Pips! 🚀
In this update video, I'm excited to report that our past trade recommendation for EURSEK is now up an incredible 1300 pips! This strong move today brings us closer to our target price of 11.62910.
Don’t be scared of trading exotic pairs – they can offer fantastic opportunities. I'll break down the factors driving this surge and why I believe we're on track to hit our target.
We’ll cover:
Recap of the initial trade recommendation
Analysis of the current market conditions and factors behind the strong move
Updated strategy and what to watch for as we approach the target price
Join me as we celebrate this massive gain and stay focused on reaching our goal. Don't forget to like, comment, and subscribe for more trading updates and expert insights. Let's ride this momentum together! 🚀💹 And remember to hit the Boost Button on this video to support our Trading View community!
Disclaimer: Forex trading involves significant risk and is not suitable for every investor. Carefully consider your financial situation and risk tolerance before entering any trade. Always perform your own research and seek advice from a licensed financial advisor if needed.
Oversold euro and dovish RiksbankFundamentals & Sentiment
SEK: Dovish rhetoric from the regulator: 3 cuts this year instead of 2
EUR:
- Market internals
- CFTC
- Euro has been holding despite the looming elections in France
Technical & Other
Setup: TR(B)
Setup timeframe: 4h
Trigger: 4h
Medium term: Sideways
Long-term: Down
Min target:
Risk: 0.28%
Massive Opportunity: EURSEK Buy for a Potential 2500 Pip Gain!In this thrilling video, I'm diving into an incredible buy opportunity on EURSEK, targeting a massive 2500 pip gain! We're witnessing a breakout breach strategy unfolding for the bearish harmonic, signaling a powerful move ahead.
I'll walk you through the key indicators and technical analysis that highlight this breakout as a signal of strength. Whenever there is a break in a common pattern, it often points to a significant market shift, and EURSEK is primed for such a move.
Join me for an in-depth breakdown of this exciting trade opportunity, complete with expert insights and actionable strategies to help you capitalize on this potential surge. Don't forget to like, comment, and subscribe for more high-impact trading strategies and market analysis. Let's capture those pips together! 🚀💹
EURSEKInflation in Sweden was low . That means there is no need for further rate increase to curb the infllation . We are expectin a rate cut in May . So what does that mean? Lower value for sweedish currency which means?? Lets go bulls on this pair
EURSEK: Strategy Views from BNP ParibasWe are closing our long EURSEK trade at 11 2724 for a small loss of 0 44 USD 44 k We initially added the trade to position for a more dovish Riksbank and the end of the reserve hedging programme.
However, even though these factors have played out and the USD has gained strength, the trade has failed to perform On fundamentals, we continue to view risks around EURSEK as skewed to the upside and we maintain our bearish medium term view on the SEK For now, though, we think it is prudent to move to the sidelines in the cross
EURSEK - Looking for short positionsDear traders,
EURSEK already reached key levels, lets wait for a selling signals (for now) it might change at the end of the week after BCE speaks. Nevertheless selling at aroung 11.42 is a great option as Risk Reward Ration would be good.
Best trading.
Another leg up EURSEKIt's respecting the 4HR trendline
It creates a good setup trade RR of 1:4 reward (probably 1:5) because this pair tends to create long candle wicks.
Should be safer trade to wait for breakout, (maybe tomorrow) since today is holidays in US, and there is less liquidity and more chances to be stopped out
EURSEK may try to cost 11 krones again soonEURSEK may try to cost 11 krones again soon on a strong weekly downtrend after a triple top on a weekly chart perspective.
Plus, check this out.
Sounds pretty interesting.
* research.sebgroup.com
I personally may re-enter a couple of times if my SL is hit, but who knows.
Only Safe to go Long? EUR/SEKDivergence in both, RSI and MACD
Possible reversal to target tje 0.5 zone of fibbonacci?
EUR/SEK BULLISH OUTLOOKRecent developments in the European Central Bank (ECB) and the Swedish economy are shaping the euro (EUR), Swedish krona (SEK), and their exchange rate (EUR/SEK):
ECB's Hawkish Stance: Strong messaging from ECB hawks for tighter policy before the September meeting contrasts with market expectations below 50%. Despite explicit statements and a hawkish tone from President Christine Lagarde, market pricing remains stagnant.
Data Dependency and Inflation: The ECB's data-driven approach hinges on this week's inflation data. Predictions of slight core CPI inflation slowdown to 5.3% from 5.5% could trigger a 25 basis points rate hike in September. US payroll numbers also play a role.
Swedish Data: Better-than-expected GDP and retail sales data in Sweden show Q2 contraction of 0.8% (previously -1.5%) and 1.0% growth in July retail sales. The krona already reflects economic underperformance and real estate risks.
Upcoming in Sweden: Wage figures, economic survey, manufacturing data, and Riksbank's Anna Breman's inflation panel pose events to watch.
EUR/SEK Outlook: Core inflation support for an ECB hike could pressure EUR/SEK upward. But improved external conditions and strong Swedish data might ease EUR/SEK from recent highs.
On a technical front, MACD is supporting the bullish outlook, while RSI remains neutral at this point.
If the trend continues, the currency pair might test its resistance level at 12.0417. In the opposite scenario the pair might go down to 11.8065
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
EUR/SEKHi, guys look at my 6july short signal in Eur/Sek....now you can cover your short if you put 1000usd in this position with leverage 2 now you have 30 dollar profit .
if you are amatur please make your position in forex 100usd and increase your budget little by little .
Good luck
EUR/SEKHi Guys ....
I am bearish on EUR/SEK forex .....
I opened my first short level at 11.9083 (100usd_leverage 2) and i will add to that on 12.43_12.53 ...... okay guys open your short and then I will keep you posted any change i see ...
Good luck .
EURSEK July 4th, 2023The Swedish economy will not shrink as much as previously expected, and the level of unemployment will stay relatively steady, according to a government agency. However, high inflation and higher interest rates have had a negative impact on Swedish households, leading to a significant decline in housing construction. This, along with a slowdown in exports, will result in a 0.4 percent decrease in the country's gross domestic product (GDP) in 2023, which is less severe than the 0.6 percent contraction predicted earlier. Despite the economic downturn, there are no clear signs of weakening in the labor market. Unemployment is projected to be 7.5 percent in 2023 and is expected to rise to 8.1 percent in 2024 before declining in subsequent years. Inflation is predicted to remain high at 8.7 percent in 2023 but will decrease to 2.7 percent in 2024. Inflation is then anticipated to drop to 1.2 percent in 2025 before slightly surpassing the Swedish central bank's target of 2 percent in 2026 and 2027. The Riksbank, Sweden's central bank, has raised interest rates to address inflation, with a further increase expected before a subsequent reduction in 2024. The interest rate will then be maintained at 1.75 percent from 2025 to 2027 following additional cuts.
