| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Buy | Buy | Buy |
| Stochastic (5; 3) | Sell | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The American Dollar is gradually loosing value against the Swedish Krone in a three week long narrow descending channel. The pattern represents a continuation of the general downtrend that has started in beginning of the year. During the last two weeks the currency rate has been moving along the 20- and 55-period SMAs, which blocked any attempts to break to the top. As a result, the pair has successfully slipped through the monthly S1 at 8.3063 and S2 at 8.1729. However, both times the drop was attributed to announcement of the ECB's and Fed's interest rates. Hence, when technical indicators will be updated, there is a high chance that one of them or combination of them will force the pair to make a rebound. But for the rest of the week is expected to continue to move downwards.