EurNok Panorama completoPanorama Completo de que esperar en el par EurNok, de confirmarnos el cambio de estructura al romper el ultimo minimo, se viene una cambio de tendencia con un TP 1 de +7400pips
EURNOK
EURNOK 1:4 / 1:5 Risk Reward LONGEntry : Bottom of the trendline
TP : Top of the channel, could potentially hold and see if it breaks,in which case take your profits on a 1D wick backwards/a clear sign of reversal (RSI,BB, previous resistances)
SL : 0.20%
EurNOK Sell Hi All ,
Still Holding a sell on this pair . Entry and SL and TP marked . LONG term Swing ,
Many Thanks.
EURNOK: Possible bearish move.The pair is consolidating on 4H (RSI = 49.952) awaiting for a break out. 1D has followed a perfect symmetry so far on 1D (Inverse Head and Shoulders) and if the 1D MA50 breaks, we expect the price to test the 9.6450 Support.
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EURNOK Short Opportunity Ideally, catch it at the swing high and short it back down to the trend line.
EUR NOK LongI see a positive trend, with 2 opportunities for profit. tp1: 9.81749. tp2: 9.83563 Sl: 9.77744
*Risky Trade* approach with caution, also well done to everyone who followed my previous signals and in the telegram group it has been a very solid week.
EUR/NOK will dropIf we get a close below entry point and pullback towards the blue line, then I believe that shorting will be a way to go
Waiting signal on EURNOKif the EURNOK manages to break its major resistance zone at 9.87311 then it will be a buy until its previos major resistance zone at 10.03895
or if it is rejectecting that level and giving any reversal sign then we can sell.
EURNOK : Norges Bank is most likely raise rates in JuneScandinavia’s richest corner breaks global central banking mold - Bloomberg -
As much of the world’s central banking community goes into a defensive crouch, Norway is signalling it’s ready to deliver multiple interest rate hikes.
Governor says March forecast may imply 2-3 rate hikes in 2019
Norway’s oil wealth is allowing it to buck the global trend
Near-term Levels As described on the chart.
I will share the detailed report later.
Waiting sell signal on EURNOKThe EURNOK shows that is it on a downtrend on daily timeframe
Therefore I am expecting it to touch the outer trendlin since the inner trendline has been broken meaning it is going to re-test on the resistance
zone at 1.74046 and should make a touch on the outer trendline.
EUR/NOK_H4_4/27/2019H4
bullish engulfing on weekly timeframe
tendency is up
tested supply zone ahead
and a fresh supply zone
forexTrdr EURNOK- NOK THAT PAIR BACK DOWN FROM EXTREME LEVELSMorning traders,
This morning we have had the Swedish central bank come out and delay interest rate rises with market now pricing no rise until early 2020 (from mid 2019). This has had a secondary effect on the Norwegian Krona leading to a 700 pips drop versus the Euro. We are looking to capitalise on this move into extreme overbought territory and looking for a pull back into the previous trading range of 9.55 to 9.60.
The spike bounced off of resistance levels dating back to early 2019 and forming a descending trendline from previous high levels in April and early February as shown in our Trading View charts.
Simple clean trade on event driven news.
As always this is not a trade recommendation and simply technical observation.
Good luck trading
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EURNOK - BuyWe have spotted a long term uptrend about to test the support line, looking to buy as long as support is not broken.
EURNOK - short on economic surprise differentialFundamentals:
-EU: eco slowdown continues, underpinned by ECB
-NOR: inflation picking up, central bank will further hike this year -> carry trade
-NOK gained even under risk-off sentiment
-CitiBank Eco Surprise Index (1mo) differential: -53.9 vs +53.6 in favor of NOK
TIME FOR EURNOK TO GO UP NORTH?Will we use the S/R consolidate here and go up from here or are we going to retest the old range first (BLUE LINE)? Im long on the midterm on this pair. looking at price action as a hawk for a new long entry.
