Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: USD/SEK hits 6-1/2 week peak, faces resistance at 8.7710

The Swedish Krona plunged to a 6-1/2 week low, as the greenback rallied against a basket of currencies. The dollar index surged amid renewed Brexit concerns and bets that policy signals from the European Central Bank on …

By FxWirePro Team
1 min read
FxWirePro: USD/SEK hits 6-1/2 week peak, faces resistance at 8.7710
Image from the original EconoTimes article

Read the original article

  • The Swedish Krona plunged to a 6-1/2 week low, as the greenback rallied against a basket of currencies. 
     
  • The dollar index surged amid renewed Brexit concerns and bets that policy signals from the European Central Bank on Thursday could weigh on euro.
     
  • USD/SEK trades 0.05 percent higher at 8.8240, having hit a high of 8.8558 earlier, its highest since July 24.
     
  • Immediate resistance is located at 8.8770, any close above could take it near 8.8970. 
     
  • On the lower side, support is seen at 8.7710, break below could take it till 8.7460. 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team