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USD/SEK

USDSEK
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9.992

+0.028+0.28%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+0.28%

5 Days

-0.43%

1 Month

+3.25%

6 Months

+7.85%

Year to Date

+8.54%

1 Year

+5.30%

Key Data Points

Opening Price

9.956

Previous Closing Price

9.964
Price Range of the Day
9.94010.009
52-Week Price Range
8.73710.106

USD/SEK Trading Strategy

Intraday
Short Term
The downside prevails as long as 9.9776 is resistance, with 9.9228 and 9.9070 as targets

Trading Strategy

The downside prevails as long as 9.9776 is resistance, with 9.9228 and 9.9070 as targets

Alternative scenario

above 9.9776, look for 10.0041 and 10.0200.

Comment

The downside prevails as long as 9.9776 is resistance, with 9.9228 and 9.9070 as targets

Fri, Oct 9
Source: Trading Central(Reference Only)
Swedish Krona: Riksbank tightening supports SEK against US Dollar - BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes USD/SEK is firmer on broad US Dollar (USD) strength, while Sweden’s September Consumer Price Index (CPI) data were mixed.

FxstreetWed, Oct 7
Swedish Krona: Technical setup points to further weakness – Societe Generale

Societe Generale notes USD/SEK broke out of a large base in September, extending its rebound and recently posting an interim high near 10.10 before a brief pullback.

FxstreetWed, Oct 7
Swedish Krona: Riksbank hawkish hold backs currency – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad reports the Swedish Krona (SEK) rallied after the Riksbank delivered a hawkish hold, keeping rates unchanged but signaling more tightening ahead.

FxstreetThu, Sep 24
Swedish Krona: Growth and future rate outlook favour SEK – Societe Generale

Kit Juckes at Societe Generale argues that Swedish Krona (SEK) is poised to benefit from Sweden’s superior growth outlook and expected Riksbank tightening.

FxstreetWed, Sep 23
Swedish Krona: Riksbank seen keeping hike option – Commerzbank

Commerzbank’s Antje Praefcke argues that despite currently low Swedish inflation readings, the Riksbank is likely to maintain its guidance that the policy rate could rise by year-end.

FxstreetWed, Sep 9
Swedish Krona: Inflation risks may prompt tougher Riksbank stance - BNY

BNY’s Geoff Yu says rising Swedish import prices and continued weakness in the krona are adding to inflation risks. He expects the Riksbank to adopt firmer language on SEK valuations and sees scope for the market to bring forward expectations for the next rate hike.

FxstreetThu, Aug 27

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Neutral
Sell(4)
Neutral(3)
Buy(5)
Indicators
Sell(2)
Neutral(3)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
-0.011
Neutral
RSI(14)
66.532
Neutral
STOCH(KDJ)(9,3,3)
41.059
Sell
ATR(14)
0.087
High Vlolatility
CCI(14)
17.617
Neutral
Williams %R
36.318
Buy
TRIX(12,20)
0.166
Sell
StochRSI(14)
18.755
Oversold
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
9.994
Sell
MA10
9.996
Sell
MA20
9.917
Buy
MA50
9.689
Buy
MA100
9.622
Buy
MA200
9.405
Buy

About USD/SEK

Can individuals invest in the USD/SEK exchange rate?

Yes, individuals can invest in the USD/SEK exchange rate through the foreign exchange market. This can be done by trading currency pairs through forex brokers, using contracts for difference (CFDs), or by purchasing currency futures and options. However, forex trading carries risks and is not suitable for all investors.

How is the USD/SEK exchange rate determined?

The USD/SEK exchange rate is determined by the foreign exchange market, which is a global decentralized market where currencies are traded. The rate is influenced by various factors, including economic indicators, interest rates, political stability, and market sentiment.

What role does Sweden's economy play in USDSEK fluctuations?

Sweden's economic performance, including key indicators like industrial production, export levels, and consumer confidence, can influence the value of the SEK. Strong economic data typically leads to a stronger SEK against the USD.

USD/SEK

9.992
+0.028+0.28%
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