USD/SEK Down 13 Pips On 4 Hour Chart, in a Downtrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart

USD/SEK 4 Hour Price Update

Updated July 30, 2020 01:10 AM GMT (09:10 PM EST)

USD/SEK is down 13 pips (0.01%) since the previous 4 hours (opening the current 4 hour candle near 8.7292), marking the 3rd candle in a row a decline has happened. Compared to its peers in the Forex, USD/SEK gave its buyers a return that ranked 17th in terms of percentage change since the previous 4 hours.

USD/SEK End of Day Recap

Updated 00:30 GMT (04:30 EST)

The back and forth price flow continues for USD/SEK, which started today off at 8.72663, up 144 pips 0.17% from yesterday. Relative to other instruments in the Forex asset class, USD/SEK ranked 3rd yesterday in terms of percentage price change. Below is a price chart of USD/SEK.

USD/SEK

USD/SEK Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 8 out of the past 14 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!