Shuael's Blog

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EUR/SEK prediction 1st of July

Weekly chart:
ON the weekly chart i pointed out the support zone which the price testes several times, i expect it to hold again and the price to retest it.
Daily chart:
On the daily chart i draw the possible scenario.
After the price will meet the support zone i expect i period of consalidation/ range market.
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EUR/SEK Prediction for the 1st of June

Weekly chart:
On the weekly cahrt i draw an important resistence and support zone.
As you can see the price had difficulties to make a new high, for this reason i expect to move a bit lower this time and break the support level.
Daily cahrt:
Using the indormation and the levels from the weekly chart, i draw the possible scenario on the daily chart.
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EUR/SEK up to 9.6234

General:
The pair is in a general uptrend, and it's moveing in a weekly tunnel
Expected rate of the pair for 1st of April: 9.6234
Support: 9.3000
Resistence: 9.6234
On the weekly chart:
On the weekly chart i just pointed out the main up trend, and the tunnel in which the price is moving
On the daily chart:
On the daily chart i draw the possible scenario
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EUR/SEK up to 9.7211

General:
A you can see from the weekly chart the pair is in a very nice up trend from 2013.
Expected rate of the pair for 2nd of March: 9.7211
Support:
Resistence: 9.3443; 9.5640
On the weekly chart:
On the weekly chart i just want you to see the tunnel in which the price is moveing.
On the daily chart:
On the daily chart , because of the tunnel, i think that the price will touch it and then it will go straight up again.
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