Technical analysis prediction for the 1st of October 2018

Instrument; usd sek

Indicators; Ema200,50, Macd 12,26,9, Rsi 14, S/R

speculative position ; long position

price prediction ; 9.3000


weekly chart


Daily chart


usd sek mkt trend is strongly bullish bias, technical view on the weekly chart indicates strong rise in price movement in the recent months and the long term outlook is expected to remain bullish bias, Ema signal is uptrend, Rsi (66.90), Macd signal is uptrend while on the daily chart view, mkt trend is strongly bullish bias and in coming months i expect the currency pair to continue uptrend probably above 9.3000 level, Ema signal is uptrend, Rsi (69.02), Macd signal is uptrend and prediction for the 1st of October 2018 is 9.3000
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