EURNOK Target Price 10.35900EURNOK
TREND DIRECTION: Down
LEVEL: Support Resistance 10.41230; EMA 10 10.39341; EMA 20 10.39977; Fibonacci Retracement 50% 10.41493
SIGNAL: Pin Bar
DATE and TIME: 16-AUG-2021 16:00
Norwegiankrone
USDNOK Target Price 8.84255USDNOK Entry Price 8.71538
Pin Bar Date Time and Price (x,y)
(12-Aug-2021 at 16:00, 8.71538)
Crude Oil - Buy Analysis Oil continues its bullish advance as Oil demand comes roaring back as governments across the world vaccinate their domestic populations and set up a global demand increase for Oil as OPEC keeps supply limited.
Investments banks such as Goldman Sach's have an extremely bullish view on the commodity, calling for Oil to enter a super cycle.
In this video I look at Macroeconomic data that predicts Oil prices and we also look at Volatility to know where the buying opportunities are if Oil continues its bullish trend.
NOK/USD Norwegian KroneNOK/USD has broken out of an Inverse Head and Shoulders Pattern and is now consolidating above the 200 EMA, a break out of this rectangle will signal more upside.
NOK JPY SELL (NORWEGIAN KRONE - JAPANESE YEN)Hi there. Price is forming a reversal pattern to change its direction.
Watch strong price action at the current levels for sell.
USD NOK BUY (US DOLLAR - NORWEGIAN KRONE)Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for buy.
USD NOK BUY (US DOLLAR - NORWEGIAN KRONE)Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current levels for buy.
Risk off sentiment ( Buy U.S Dollars & Japanese Yen ) We have Risk-off sentiment in today's markets as Trump catches Covid-19
If stocks continue to decline, we have a strong bias to sell AUD/JPY, AUD/USD, NOK/JPY, CAD/JPY RUB/JPY
NOK JPY SELL (NORWEGIAN KRONE - JAPANESE YEN)Hi there. Price is forming a reversal pattern to change its direction. Wait for the price to complete the pattern and watch strong price action for sell.
USD NOK BUY (US DOLLAR - NORWEGIAN KRONE)Hi there. Price is forming a reversal pattern to change its direction. Wait for the price to complete the pattern and watch strong price action for buy.
#USDNOK - Next upmove could starts next #NorwegianKrone #NOKMaybe another downmove left but for the next 2 years I see an massive devaluation auf Norwegian Krone.
NOK JPY SELL (NORWEGIAN KRONE - JAPANESE YEN)Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
NOKSEK: Aiming for the Support.The pair is trading within a 1D Channel Up (RSI = 48.456, STOCH = 47.038, MACD = 0.001, ADX = 30.430) which is currently neutral as it is aiming for a new Higher Low. That can be on the 0.9585 Support, which is our current target on this pull back.
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USDNOK 4H RectangleOANDA:USDNOK This pair is likely to rise and break out from the rectangle pattern, as DXY is currently getting her momentum
NOKSEK | LONG | Dabbling in something exoticGot a signal to go long.
Buy Limit
Price: 0.9777
SL: 0.9695
I'm not a financial advisor. If you seek financial advice look within your local area.
NOK JPY SELL (NORWEGIAN KRONE - JAPANESE YEN)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
NOKJPY: Long term trading plan.The pair is trading within a standard Channel Down on the 1W chart (RSI = 38.708, MACD = -0.485, ADX = 41.103) since 2013. Three weeks ago it made contact with the Lower Low trend line of the Channel Down and priced a Lower Low. Naturally it has been rebounding since and is close to the 0.382 Fibonacci (14.000 as the High).
The sequence is similar to the last Lower Low it had in June 2016, which after touching the 0.382 Fib, got rejected back to its 0.618 and then made a top on the 0.5 (from its November 2014 High). If the same sequence is replicated, then we should use the 0.5 - 0.618 Fib range (9.850 - 10.150) as the Dip buy Zone and buy every pull back towards the 0.5 (11.500). Then every rise will be the opposite, i.e. a sell opportunity towards 9.000.
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Comments and likes are greatly appreciated.
NOK JPY BUY (NORWEGIAN KRONE - JAPANESE YEN)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
NOK JPY SELL (NORWEGIAN KRONE - JAPANESE YEN)Hi there. Price is forming a possible continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
