EUR/Sek setbacks have once been very well supported in advance the level of 8.75 and the market appears to once more be tempting to carve a bottom for the new force to the area of 8.90 on upcoming sessions. Ultimately, only back below 8.75 deny and gives reason to worry.
USD/Sek remains very well supported on any form of dip and risk here is force to upper range several days recently by 6.88. A break above will accelerate, then just one back below 6.57 delays.
USD/Nok even though the market has been confined to a consolidation of several days, dips have been very well supported and we continue to see the evidence of a possible breach of this range in reverse. Locate rear thrust over 5.84 to confirm prejudices and to accelerate the gains. Only back under 5.65 would delay and give reason to worry.
EUR/NokLooks to be finally attempts to establish a basic shape after very well provided in recent weeks. The last break back above 7,49 triggered a a double bottom that has already achieved its goal of 7.60 area. From there, look for additional gains to 7.75 in the coming weeks. Ultimately, only return 7.45 under deadlines.
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