EUR/SEK
EUR/SEK market insights
Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.
If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.
Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.
When you trade your FOREX.com account on TradingView.com, you benefit from sharing ideas with their community of over 50 million traders, investors, and analysts in addition to their industry-leading charts and tools.
Whether you are new to trading or a seasoned investor, TradingView delivers on our joint mission to help anyone succeed in financial markets.
When it comes to trading, it’s just as important to assess your own behaviours as well as the market’s. More than a modern-day trading journal, simply log into our trading platform and select the Performance Analytics tab for in-depth insights on your strengths and weaknesses.
Economic calendar
EUR/SEK details
The EUR/SEK is a forex pair consisting of the euro as the base currency and the Swedish krona as the quote currency, representing how many kronor equal one euro. The krona, which means crown in Swedish, was first issued in 1873. Despite being a part of the European Union since 1995, Sweden opted to keep the krona at the creation of the euro in 1999. SEK is correlated closely with other Nordic currencies like the Norwegian krone. Economic decisions impacting Sweden and other Scandinavian countries affect EUR/SEK, along with economic activity in the greater Eurozone. Compared to other European countries, the Swedish krona is considered a safe-haven currency because of the country’s well-educated workforce and successful multinational companies.
| Margin from | 5.0 % |
| Min trade size | 1,000 |
| Long | -0.35 |
| Short | -2.34 |
| Min stop distance | 0.0 Points |
| Guaranteed order minimum | 100 Points |
Spreads
| Spreads from | 0.00294 Points |
Margins
| 0 - 61,000,000 | 5.0 % |
| 61,000,000 - 200,000,000 | 7.0 % |
| 200,000,000 + | 10.0 % |
Dealing
| Spreads from | 0.00294 Points |
Margins
| 0 - 61,000,000 | 5.0 % |
| 61,000,000 - 200,000,000 | 7.0 % |
| 200,000,000 + | 10.0 % |
Forex news
Forex explained
What is forex?
Forex trading has grown ever more popular with retail traders like you. But what is forex and how do you trade it?
How to trade forex
Want to know what a forex trade looks like? This section details how to place a forex trade on our platform.
Start forex trading
To begin forex trading with FOREX.com, simply follow our three-step guide to open an account and you could be placing your first forex trade in minutes.