Short
EURNOK 1:1 High probability TC setup
Insight:
------------------------------------------
- Below TC red line
- Below Vwap
- Above expectation Norway CPI
- Weak EUR into U.S. CPI release
------------------------------------------
- Below TC red line
- Below Vwap
- Above expectation Norway CPI
- Weak EUR into U.S. CPI release
Trade active
Technically same kind of setup on related ideaTrade active
Note: will close this position pre U.S. CPI releaseNote
NOK Core CPI YTD (Jul) 4.50% 3.80% 3.60%NOK Core Inflation (MoM) (Jul) 1.50% 0.80% 0.50%
NOK CPI (MoM) (Jul) 1.30% 0.90% 0.90%
NOK CPI (YoY) (Jul) 6.80% 6.30% 6.30%
NOK PPI (YoY) (Jul) 73.60% 68.80%
Trade closed: target reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.