USD/SEK The fall of the Utopia of Sweden
Its time to strike out the greedy 25 Leverage Whales on the super fundamental chart.
The USDSEK will slightly pass the sell zone in order to make it hurt for the bulls until the Swedish central bank increases rents in June.
Promises by Swedish Central bank 2% Rate increase until 2021 but i doubt that will ever happen due to the housing market being over loaned.
A rent increase would significantly increase the chance of the bubble popping as the Swedish salaries has been at a standstill for the last years due to democrats increasing taxes even though the numbers showing positive in increase.
I see us forced to move up and the OMX30 alongside the Descent of the Krona in minus correlation.
The USDSEK will slightly pass the sell zone in order to make it hurt for the bulls until the Swedish central bank increases rents in June.
Promises by Swedish Central bank 2% Rate increase until 2021 but i doubt that will ever happen due to the housing market being over loaned.
A rent increase would significantly increase the chance of the bubble popping as the Swedish salaries has been at a standstill for the last years due to democrats increasing taxes even though the numbers showing positive in increase.
I see us forced to move up and the OMX30 alongside the Descent of the Krona in minus correlation.
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