Not a pair that I trade very often, but I couldn't resist to check it out anyway.. As you can see this pair is currently sitting at the 61.80% fib level on the daily chart and the next candle that farm is a very bearish hammer which is a really go signal for a potential short. BUT then again I would still keep an eye for a pontetial swing to the 78.60% before...
Long SEKNOK @ 0.9250' TP @ 0.9440, SL your choice
Current levels of EUR/NOK could offer interesting selling opportunities. NOK should outperform EUR in the coming weeks and months on the back of growing policy divergence between the Norges Bank’s policy outlook and the ECB’s, which is reflected in an increasingly negative 2Y EUR-NOK rate spread. The divergence could intensify as both banks start to cautiously...
Potential Long oppurtunity from 61.8% fib level. Price is currently Sitting on a Key Area Of Daily Support.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... more 4XSetUps @ 1482 Major Cross-Rates (741 on both sides) @ my GOOGLE Drive drive.google.com Best regards Aaron
I waited for almost a year for the Dollar to make the final mark up. Should be a nice ride up to the climax.
Friends, $SEK is expected to weaken in this pair, where an Elliott Wave carved out an outline of its Contracting Triangle through a series of 3-3-3 internal formations with more (leading triangle) or less (simple zig-zag) complexities. This analysis replaces a recent one, as the Geo lost its geometric validation - However, the foreground...
Friends, THE GEO RULES: The Geo completed its 5-point regimen at its ectopic 5' level, triggering its compensatory geometric rule, namely: The Geo's Off-Set Rule, whereby: 1 - A price reversal from Point-5 offers the HIGHEST probability of attainment along its 1-4 Line (Wolfe Wave rule as well) 2 - A price reversal from Point-5' offers the HIGHEST probability...