EUR/SEK

- SEK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

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

Type:	Forex
Ticker:	EURSEK
ISIN:

EUR/SEK - 1H - Technical analysis published on 02/03/2025 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 11.4892 SEK

My targets

11.4456 SEK (-0.0284)

11.3830 SEK (-0.0910)

My analysis

EUR/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 11.4892 SEK. The next support located at 11.4456 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 11.3830 SEK. Below this support, sellers could then target 11.3267 SEK.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

5.7

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/SEK price is 11.4740 SEK. The price is lower by -0.21% since the last closing and was traded between 11.4729 SEK and 11.5600 SEK over the period. The price is currently at +0.01% from its lowest and -0.74% from its highest.

11.4729

11.5600

11.4740

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

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 LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of EUR/SEK indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	11.3830	11.4456	11.4657	11.4740	11.4795	11.4892	11.5052
Change (%)	-0.79%	-0.25%	-0.07%	-	+0.05%	+0.13%	+0.27%
Change	-0.0910	-0.0284	-0.0083	-	+0.0055	+0.0152	+0.0312
Level	Minor	Major	Minor	-	Minor	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.4323	11.4489	11.4737	11.4903	11.5151	11.5317	11.5565
Camarilla	11.4870	11.4908	11.4946	11.4984	11.5022	11.5060	11.5098
Woodie	11.4363	11.4510	11.4777	11.4924	11.5191	11.5338	11.5605
Fibonacci	11.4489	11.4648	11.4745	11.4903	11.5062	11.5159	11.5317

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.3891	11.4168	11.4576	11.4853	11.5261	11.5538	11.5946
Camarilla	11.4796	11.4858	11.4921	11.4984	11.5047	11.5110	11.5172
Woodie	11.3957	11.4201	11.4642	11.4886	11.5327	11.5571	11.6012
Fibonacci	11.4168	11.4430	11.4591	11.4853	11.5115	11.5276	11.5538

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.3053	11.3592	11.4288	11.4827	11.5523	11.6062	11.6758
Camarilla	11.4644	11.4758	11.4871	11.4984	11.5097	11.5210	11.5324
Woodie	11.3132	11.3631	11.4367	11.4866	11.5602	11.6101	11.6837
Fibonacci	11.3592	11.4064	11.4355	11.4827	11.5299	11.5590	11.6062

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):	37.67
MACD (12,26,9):	-0.0017
Directional Movement:	-4.1902
AROON (14):	-92.8571
DEMA (21):	11.4949
Parabolic SAR (0,02-0,02-0,2):	11.5196
Elder Ray (13):	-0.0173
Super Trend (3,10):	11.5144
Zig ZAG (10):	11.4755
VORTEX (21):	0.8713
Stochastique (14,3,5):	9.09
TEMA (21):	11.4889
Williams %R (14):	-91.30
Chande Momentum Oscillator (20):	-0.0291
Repulse (5,40,3):	-0.1578
ROCnROLL:	2
TRIX (15,9):	0.0038
Courbe Coppock:	0.30

MA7:	11.4754
MA20:	11.4827
MA50:	11.4969
MA100:	11.4730
MAexp7:	11.4884
MAexp20:	11.4949
MAexp50:	11.4900
MAexp100:	11.4833
Price / MA7:	-0.01%
Price / MA20:	-0.08%
Price / MA50:	-0.20%
Price / MA100:	+0.01%
Price / MAexp7:	-0.13%
Price / MAexp20:	-0.18%
Price / MAexp50:	-0.14%
Price / MAexp100:	-0.08%

Quotes : - Real time data - Forex

News

The latest news and videos published on EUR/SEK at the time of the analysis were as follows:

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

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