Could inflation differentials drive a CADNOK reversal?The Norwegian Krone has been outperforming over the course of the past week, with yesterdays inflation reading bringing greater pressure on the Norges bank to raise rates further. Scope Market Chief Market Analyst Joshua Mahony looks at CADNOK as an interesting opportunity after a six-month period o
CADNOK long term bullish outlooklooks like we could have something coming up here. bullish outlook at closing looking appealing. will consider keeping close eye on this for potential continuous move to the upside for big profits.
CADNOK will dropYes. No sign of a turnaround. Momentum drops evident. Goals in green, invalidation in red. Not financial advice, do your own research.
ridethepig | CADNOK Market Commentary 2020.03.02Eyes on the technical breakdown in CADNOK to kickstart the week, a few important updates to make here as intervention begins globally from Central Banks and OPEC.
For those tracking Oil you will know we got the massive meltdown that we have been expecting in the chart-pack since last year:
ridethepig | Apple in the worm for CADNOKA very good time to update the short-term flow setup for CADNOK after such a brilliant squeeze. For those tracking the 2020 Macro flows:
This week we have a simple technical move in play. A textbook case of "Apple in the worm" as it seems to me a poor choice of the moment for buyers to continue
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Displays a symbol's price movements over previous years to identify recurring trends.