Head and Shoulders Pattern Signals Reversal for USD/SEK
November 23, 2010 3:22 pm by Russell GlaserThe daily chart of the USD/SEK is showing an interesting chart pattern that hints at a reversal in the long term trend of the pair.
Denmark May Raise Rates; Swedish Krona in Decline
November 9, 2010 9:59 pm by Greg HoldenThe liquidity exit of the European Central Bank (ECB) may soon drive regional rates higher than Denmark’s and subsequently dampen demand for the Danish krone (DKK). Despite their dependence on euro zone credit, Ireland, Greece, and Portugal may find themselves ...
SEK, NOK Losing Momentum from Monetary Policy Statements
November 2, 2010 9:16 pm by Greg HoldenScandinavian interest rate decisions have been affecting the SEK and NOK heavily these past few trading days. Sweden decided to lift interest rates by 25 base points last Tuesday, following a fiery speech by the deputy governor of the Riksbank ...
USD/SEK at 2-Yr Low after Fiery Speech from Riksbank
October 20, 2010 6:57 am by Greg HoldenThe Swedish krona has undergone one of its strongest rallies in recent memory these past few days after the Riksbank Deputy Governor Barbro Wickman-Parak delivered a hawkish statement last Thursday. The SEK climbed to a 2-year high against the US ...
Swedish Krona Running Into Support Levels
September 6, 2010 12:57 pm by Russell GlaserThe USD/SEK is fast approaching both a minor and a major support level as the bearish trend looks set to continue.
USD/SEK Rises on Negative Swedish Economic Data
June 28, 2010 6:24 pm by Russell GlaserThe Swedish trade surplus for the month of May unexpectedly dropped, fueling losses for the Swedish krona versus the dollar. Despite the negative news for Sweden, the krona was unchanged against.
Swedish Kroner Due for Reversal against USD?
May 24, 2010 5:26 pm by Greg HoldenThe US Dollar's recent resurgence has caused a stir across a number of markets, but the subsequent rumblings are not unexpected. Any time investors see a sharp movement by any currency there is an understanding that a correction is in ...
USD/SEK – The Rally Proceeds
May 4, 2010 4:45 pm by Yan Petters• For the past 2 months, the USD/SEK pair gained about 3,000 pips, and is currently trading at the 7.2950 level.
Kroner Gains on Euro-Zone as Volcanic Ash Disrupts Region
April 22, 2010 8:51 am by Greg HoldenFollowing a boost to the Scandinavian Kroner against the US Dollar, it appears that the greenback has undergone another short-term surge and has regained the upper hand against these currencies. The Danish Krone in particular has continued to decline against ...
USD/SEK May Go Bearish
March 23, 2010 11:39 am by Anton EljwizatThe USD/SEK cross has been experiencing much bullish behavior in the last few days. However, there is much technical data that supports a bearish move for today. As I demonstrate below, that the USD/SEK may very well be heading for ...
