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Main » Articles » Scandi daily

Entries in category: 20
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OVERVIEW – We have been seeing an acceleration in broad based USD selling early Monday, but at this point it is too early to tell whether the moves are legitimate.
Scandi daily | Views: 322 | Added by: forex-market | Date: 2010-01-11 | Comments (0)

Eur/Sek pullbacks should be well propped in the 10.15 area with the market in the process of carving a meaningful base on the daily chart. The market has been in the process of carving out a series of higher lows and higher highs and we look for a fresh higher low at current levels ahead of the next upside extension towards 10.60-70 further up. Back above 10.25 will however be required to get things going, while a break back below 10.10 is concerning. 
Scandi daily | Views: 335 | Added by: forex-market | Date: 2010-01-13 | Comments (0)

Usd/Sek our view is highly constructive at current levels and favors continued USD appreciation over the coming weeks.  We contend the market is attempting to carve out a major base rather than in the process of some bearish consolidation. The recent break back above 7.20 confirms bias and exposes 7.50-60 further up. Any setbacks are expected to be well supported ahead of 7.00.
Scandi daily | Views: 341 | Added by: forex-market | Date: 2010-01-13 | Comments (0)


Eur/Sek pullbacks should be well propped in the 10.05-10 area with the market in the process of carving a meaningful base on the daily chart. The market has been in the process of carving out a series of higher lows and higher highs and we look for a fresh higher low at current levels ahead of the next upside extension towards 10.60-70 further up. Back above 10.25 will however be required to get things going, while a close back below 10.10 is concerning. 
Scandi daily | Views: 457 | Added by: forex-market | Date: 2010-01-20 | Comments (0)

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