OctaFX | OctaFX Forex Broker
Open trading account
Back

USD/SEK MACD higher lows indicates upside ahead

A run of USD/SEK MACD higher highs and lows, could imply a shift in sentiment ahead.

In recent weeks, the pair has suffered declines, but in the short term at least, we could experience a move to bullish sentiment. This is highlighted by the MACD posting higher highs and lows on the 4-hour chart. At the same time, price action is posting lower lows, which should indicate that spot has bottomed out for the time being.

EUR/SEK gaining upside traction

EUR/SEK gaining upside traction
Read more Previous

Indicators signaling AUD/NZD is oversold

Indicators signaling AUD/NZD is oversold
Read more Next
Start livechat