USD/SEK, USD/NOK Outlook Aiming to Break Above Key Resistance

NORDIC FX, NOK, SEK WEEKLY OUTLOOK

NORDIC FX，NOK，SEK每周展望

• USD/NOK, USD/NOK aiming to break above upper ranges

  USD / NOK，USD / NOK瞄准突破高于上限

• Fundamental triggers this week may propel pairs higher

  本周基本触发因素可能会推高货币对

• Breaks above key resistance may reinforce bullish sentiment

  突破关键阻力可能会加强看涨情绪

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As outlined in last week‘s technical outlook, USDNOK and USDSEK’s long term outlook suggests an upward bias for the pair‘s movement. In the short term, however, both pairs may seem some minor congestion and possible consolidation before they resume their upward trajectory. Fundamental factors this week may be a key catalyst for breaking above the upper lip of each pair’s respective range.

正如上周的技术展望所述，USDNOK和USDSEK的长期前景表明该货币对的走势存在上行偏见。然而，在短期内，两个货币对可能会出现一些小的拥堵，并可能在它们恢复上行轨迹之前进行整合。本周的基本因素可能是突破每对价格上限的关键催化剂。

USDSEK TECHNICAL ANALYSIS

USDSEK技术分析

Since last week, the Swedish Krona has been outperforming relative to the US Dollar, though this appears to be more of a result of the latters overall weakness than a broader strengthening of SEK. The pair is expected to trade between the 9.2273-9.3110 (red and yellow line) range with some possible friction in soft-inter range resistance levels.

自上周以来，瑞典克朗一直表现优于美元，尽管这似乎更多地是由于后者整体疲软而不是更广泛的瑞典克朗走强。预计该货币对将在9.2273-9.3110（红线和黄线）区间交易，并且在软区间阻力水平可能存在摩擦。

USDSEK – Daily Chart

USDSEK - Daily Chart

Breaking above the upper lip would send a bullish signal to investors and could result in the pair trading higher if the breakthrough is met with follow-through. Following the March 7 ECB meeting, the pair jumped over one percent and reached a 17-year high before retreating. Despite the turn lower, it left a checkpoint and set the stage for what other potential re-entries will have to overcome to confirm uptrend resumption.

突破上限将向投资者发出看涨信号，如果突破得到跟进，可能会导致该货币对走高。继3月7日欧洲央行会议之后，该货币对飙升超过百分之一，达到了17年的高点，之后再次回落。尽管转低，但它留下了一个检查点，为其他潜在的重新进入必须克服以确定上升趋势的恢复奠定了基础。

USDNOK TECHNICAL ANALYSIS

USDNOK技术分析

Since last week, USDNOK has fallen over one percent as crude oil prices climbed and overall US Dollar weakness was seen across the board. The pair is now stuck in what appears to be range between 8.6323-8.5956 (red lines) with possible inter-range resistance at 8.5956 (yellow dotted line). Despite the retreat, fundamental themes and triggers appear to be still in play and are set to continue pushing the pair higher.

自上周以来，USDNOK下跌超过百分之一原油价格攀升，美元整体走弱。该货币对现在位于8.6323-8.5956（红线）范围内，可能的区间阻力位于8.5956（黄色虚线）。尽管进行了撤退，基本主题和触发器似乎仍在发挥作用，并将继续推动该对更高。

USDNOK – Daily Chart

USDNOK - 每日图表

If USDNOK breaks and holds above the upper lip (8.6323), it could signal a reinforcement of bullish sentiment toward the pair and mark a significant price move. Since December, the pair has broken above this key psychological barrier but ultimately always retreated – albeit, with some hesitancy. The overall trend for the pair‘s movement and several efforts to breach reinforce the pair’s stubborn persistence to climb higher.

如果USDNOK突破并保持在上唇（8.6323）之上，这可能预示着对该货币对的看涨情绪增强，并标志着重大的价格走势。自去年12月以来，该货币对突破了这一关键的心理障碍，但最终总是退缩 - 尽管有些犹豫不决。这对运动的整体趋势和一些突破的努力加强了这对顽强的坚持攀登更高。