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Multiple Studies Says EUR/SEK to Stay Near Longterm Average

This is one of those pictures that's worth a thousand words. The chart below shows mutiple studies confirming my view that the EUR/SEK will stay near its long-term average. First we have the 200 month moving average in blue. It's currently at 9.277, only 5 percent away from the current market price. This means that the current price is just a few days worth of trading away from its average during the past 16 years.
If that doesn't show you the state of this currency pair, there's more! Notice th…
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Predicting CAD/JPY

In the pair of CAD/JPY there are not many reasons for CAD to appreciate but still CAD/JPY may rise as JPY has been depreciating against most currencies in wake of increasing Fed rate hike bets. Moreover if the OPEC members agree for Crude Oil production cap deal it will be a boost to the CAD/JPY.
On the weekly charts CAD/JPY has been in the down trend since December 2014. As of now there is not much clarity on trend on longer time frame but I am expecting the current bullish headwinds for the CA…
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Down trend EURAUD

On the weekly chart, I noted the two trend lines. The third trend on the daily level broken. It can beas long as 4 wave on the weekly chart for the growth wave OFF impulse or steer for a double zigzag.
My expectations on the daily chart in Figure. Rebound from the trend to20 EMA. And then two options:
1) break 20EMA - continue dgrowth;
2) return and break the trend.
I will support this option and expect to 01.03 price near 1.4787
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Up trend AUDUSD

On the daily chart after consolidation at the level of 0,884 saw the continuation of turn. There break through20 EMA and 89SMA with a test ofthis level. Expectation of continue dgrowth to the 365 EMA and 200 SMA.
There correction refined on 4H chart. Expect the price at 0.9277
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