Analysis of the EURSEK Currency Pair for 09.03.2026

Analytics of currency pairs based on modified wave analysis, Fibonacci levels, and price channels.

09.03.2026.     

EURSEK

        The trend is bullish. The bearish wave structure is truncated. The Awesome Oscillator shows bullish divergence, while the Stochastic Oscillator signals oversold conditions. The bears have tested the mirror level at 10.6336.

Trading idea:

Buy upon the formation of a new bullish wave structure, where wave (A) breaks above the descending channel of the truncated bearish structure.

Stop Loss – 10.6336.

Target levels – 10.7690; 10.7880.