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...
First things first: all hail the vikings! 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...
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...
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 10.46 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 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 strugling near its strong support now there is a high probability to of breakout......
EURNOK currently showing some turnaround. If you monitor the movements well, then you can make a shit-ton of money. My bias is sell
EURNOK will continue downward movement after breaking support level, momentum downwards is still strong...
Analysis team sold EURNOK @ 9.7925 with 2 targets TP1 9.7650 TP2 9.6695
EU have had a good run lately, but it seems over, for now at least. EURNOK is a bit special to me. Won a lot, lost a bit, yet, I keep fixating on it because of the large swings and very clear formations it makes. Finally it has come to a point when it is either breaking out short or consolidating. Looking at the past six days, it couldn't make new tops, it's...
A breakout just happened on this pair. I'm only in for a small amount, because EUR has released strong numbers and volume isn't strong. It have been building up cash for over a weak now. But it's a solid breakout, with an exhausted candle yesterday. There is always the chance it might pull back a bit, in US market open, so you could wait. If RSI is diving under...
It's rebounding on the fan. EUR is not having a good morning, so a nice add for those that jumped in the last time I had this pair up. For new comers it might be a small entry for you. We are below all ema/ma's, rsi can't make new high. I believe a few coins can me made on this trade.