You're never gonna keep me down, I get NOKed down, but I get up again, You're never gonna keep me down! Now that you all hopefully have the song stuck as much into your head as I have ;) we can go straight to the facts: It is true that over the past two years, the Norwegian krone has all too often been one of the big losers in the FX market. Not only has it...
📈 Technical Analysis: #EURNOK Sideways Trading Strategy! 📉 Hey traders! 🌟 Today, I present to you a fascinating opportunity in the EUR/NOK forex currency pair. The 1-hour chart suggests that the pair is currently moving sideways, lacking a clear bullish or bearish trend. But fear not, as we can capitalize on this situation by employing two smart trade plans with...
First things first: all hail valhalla! Why I like this trade: - NOK with the MUCH better fundamentals - NOK clearly undervalued on a longterm timeframe - Norges Bank quite dovish in their last meeting but could get hawkish again in march as -> inflation has massively surprised to the upside - inflation expectations on thursday will be key for NB - NB could reduce...
EURNOK $EURNOK Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
EURNOK LONG - Buy Entry - H4 Chart Buy @ Market Symbol: EURNOK Timeframe: H4 Type: BUY Entry Price: Buy @ Market Pivot Point Yearly @ 10.11400 Resistance @ 10.03155 Resistance @ 9.82763 Support @ 9.62460 Support @ 9.47920 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions,...
EURNOK LONG - Buy Entry - H4 Chart Buy @ Market Symbol: EURNOK Timeframe: H4 Type: BUY Entry Price: Buy @ Market Major Resistance @ 9.91497 Major Resistance @ 9.97409 Major Resistance @ 10.07712 Major Support @ 9.77623 Major Support @ 9.76160
Hello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/ On the Monthly & Weekly we have an ICI strategy forming, we already have an impulse and a correction we are waiting for the retracement to touch the 0.382 of the fibonacci taken on the impulse of the Monthly and Weekly. Entry is at the...
Hello Dear Traders, You find below my analysis for EUR/NOK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/NOK will fall to 10.54 as I am showing in my chart. Our Daily Goal is 10.52. Currently, EUR/NOK is moving towards the resistance level 10.64,where there is some liquidity from this...
Hello Dear Traders, You find below my analysis for EUR/NOK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/NOK will fall to 10.46 as I am showing in my chart. Our Daily Goal is 10.445. Currently, EUR/NOK is moving towards the resistance level 10.506,where there is some liquidity from this...
Hello Dear Traders, You find below my analysis for EUR/NOK, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/NOK will rise to 10.485 as I am showing in my chart. Our Daily Goal is 10.5. Currently, EUR/NOK is moving towards the support level of 10.44 where there is some liquidity, from this value...
Hello guys This is the cup and handle pattern formed on the EURNOK On the 30 minute timeframe This pattern has formed over the past one week I am waiting for the price to break open above the handle but i have a question There is a 36.2 retracement level around 10.45,and the RSI on almost all the timeframes shows that it has been overbought I don't know whether to...
Hello Dear Traders, You find below my analysis to Eur NOK. This pair is strictly correlated to oil prices and S&P 500. The future trends may mirror this pattern closely. The oil fund owns more than 1.5% of all the listed stocks worldwide, and its returns alone were worth a third of Norway’s GDP in 2020—even amidst the pandemic. According to my set of rules, In...
Im expect some bearish momentum from this pair
EURNOK Forex cross pair (Euro versus Norwegian Krone) has broken all time high again after months. A previous monthly demand imbalance gained control last June 2018 and this cross pair has been rallying ever since. Why has Norway’s Krone suffered the worst drop in half a century? Well, by doing supply and demand analysis on the monthly timeframe we can see that...