EUR/SEK

- SEK (-)

- Real time data - Forex

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Change:	-
Volume:	-

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

Type:	Forex
Ticker:	EURSEK
ISIN:

EUR/SEK - Daily - Technical analysis published on 06/15/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

33%

28%

My opinion

Bullish above 11.4253 SEK

My targets

11.6856 SEK (+0.0798)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/SEK as long as the price remains well above 11.4253 SEK. The buyers' bullish objective is set at 11.6856 SEK. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

Force

6.3

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

The EUR/SEK price is 11.6058 SEK. On the day, this instrument lost -0.02% with the lowest point at 11.5720 SEK and the highest point at 11.6602 SEK. The deviation from the price is +0.29% for the low point and -0.47% for the high point.

11.5720

11.6602

11.6058

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by EUR/SEK:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of EUR/SEK in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 5 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

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:

Bearish harami

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	11.1931	11.4253	11.5637	11.6058	11.6856
Change (%)	-3.56%	-1.56%	-0.36%	-	+0.69%
Change	-0.4127	-0.1805	-0.0421	-	+0.0798
Level	Major	Intermediate	Intermediate	-	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.3328	11.4091	11.5088	11.5851	11.6848	11.7611	11.8608
Camarilla	11.5602	11.5763	11.5925	11.6086	11.6247	11.6409	11.6570
Woodie	11.3446	11.4150	11.5206	11.5910	11.6966	11.7670	11.8726
Fibonacci	11.4091	11.4763	11.5178	11.5851	11.6523	11.6938	11.7611

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.4301	11.4956	11.5674	11.6329	11.7047	11.7702	11.8420
Camarilla	11.6013	11.6139	11.6265	11.6391	11.6517	11.6643	11.6769
Woodie	11.4332	11.4972	11.5705	11.6345	11.7078	11.7718	11.8451
Fibonacci	11.4956	11.5481	11.5805	11.6329	11.6854	11.7178	11.7702

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.7477	10.9546	11.2747	11.4816	11.8017	12.0086	12.3287
Camarilla	11.4498	11.4981	11.5464	11.5947	11.6430	11.6913	11.7396
Woodie	10.8042	10.9829	11.3312	11.5099	11.8582	12.0369	12.3852
Fibonacci	10.9546	11.1560	11.2803	11.4816	11.6830	11.8073	12.0086

Numerical data

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

Technical indicators

Moving averages

RSI (14):	56.72
MACD (12,26,9):	0.0630
Directional Movement:	-1.0623
AROON (14):	-35.7142
DEMA (21):	11.6503
Parabolic SAR (0,02-0,02-0,2):	11.6866
Elder Ray (13):	0.0226
Super Trend (3,10):	11.4060
Zig ZAG (10):	11.6014
VORTEX (21):	1.1437
Stochastique (14,3,5):	41.32
TEMA (21):	11.6598
Williams %R (14):	-45.50
Chande Momentum Oscillator (20):	-0.0597
Repulse (5,40,3):	-0.1357
ROCnROLL:	1
TRIX (15,9):	0.0986
Courbe Coppock:	1.60

MA7:	11.6194
MA20:	11.5821
MA50:	11.4232
MA100:	11.3207
MAexp7:	11.6071
MAexp20:	11.5615
MAexp50:	11.4511
MAexp100:	11.3342
Price / MA7:	-0.12%
Price / MA20:	+0.20%
Price / MA50:	+1.60%
Price / MA100:	+2.52%
Price / MAexp7:	-0.01%
Price / MAexp20:	+0.38%
Price / MAexp50:	+1.35%
Price / MAexp100:	+2.40%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on EUR/SEK. At the time of publication of this analysis, the latest news was as follows:

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

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