| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Sell | Sell |
| Stochastic (5; 3) | Neutral | Neutral | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The USD/SEK exchange rate has been tended north since the beginning of August when it reversed from the senior channel near 8.75.
By the time of this analysis, the rate had reached the 9.25 mark, breached a medium-term channel and retraced from the upper boundary of this pattern.
The most common scenario for such a breakout would be a surge towards the upper channel line located circa 9.45. However, technical indicators suggest that this advance might not be immediate, as some downward pressure is likely to push the rate down to the 200-hour and 55-period (4H) SMAs at 9.10 or slightly lower within the following sessions.
It is expected that the bullish scenario eventually prevails in the market and thus allows the pair to reach the 9.45/50 area.