Thursday, October 15, 2026

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FxWirePro: USD/SEK hits 1-week peak above 21-EMA, outlook remains bullish

The Swedish Krona plunged to a 1-week low as the greenback surged across the board. The greenback against a basket of currencies traded 0.3 percent higher at 97.73, having touched a high of 97.80 earlier, its highest sin…

By FxWirePro Team
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FxWirePro: USD/SEK hits 1-week peak above 21-EMA, outlook remains bullish
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  • The Swedish Krona plunged to a 1-week low as the greenback surged across the board. 
     
  • The greenback against a basket of currencies traded 0.3 percent higher at 97.73, having touched a high of 97.80 earlier, its highest since June 2.
     
  • USD/SEK trades 0.4 percent up at 9.3674, having hit a high of 9.3878 earlier, its highest since June 23.
     
  • Immediate resistance is located at 9.3972, any close above could take it near 9.4252.
     
  • On the lower side, support is seen at 9.3086, break below could take it till 9.2975 (21-DMA).

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