EURNOK trade ideas
EURNOK - Bullish movement within Triangle - [Hourly]Concentration of long term support levels underneath current price could attract retest of those levels prior to reaching entry price.
If price drops through 9.40 expect continuation of bearish EURO influenced by rising oil prices.
Limit entry or Entry above previous bars high.
EURO Strength on ECB Rate Hike Bets The EURO is set to potentially strengthen as investors start pricing in four interest rate hikes by the European Central Bank over the next 9 months.
Friday's Inflation data will be closely watched by the markets, as any beat above forecasts will put pressure on the European central bank to react.
If ECB policy makers start coming out and hinting Rate Hikes are coming, expect the EURO to strengthen.
EUR/JPY would be the most optimal trade on the divergence of monetary policy.
Short Vision on EUR NOK for 22/02/2022Hello 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 10.11 as I am showing in my chart. Our Daily Goal is 10.09.
Currently, EUR/NOK is moving towards the resistance level 10.195,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/NOK.
Good Luck and enjoy your Bearish Market for today.
Entry:@10.195
TP1: @10.15
TP2: @10.13
TP3: @10.11
SL: @10.22
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Short Vision on EUR NOK for 18/02/2022Hello 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 10.09 as I am showing in my chart. Our Daily Goal is 10.07.
Currently, EUR/NOK is moving towards the resistance level 10.165,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/NOK.
Good Luck and enjoy your Bearish Market for today.
Entry:@10.165
TP1: @10.13
TP2: @10.11
TP3: @10.09
SL: @10.21
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends
EURNOKPrice as no other place to go other than up because of Liquidity but could be wrong so utilize good RISK MANAGEMENT
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The content of this analysis is subject to change at any time without notice.
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EURNOK 26/01Monthly:
We have a big bull flag with a nice fakeout beneath our grey line
inv h&s pattern getting respected atm
Weekly:
inv h&s pattern
Daily:
Bullish M
4H:
Bullish M, daily zone getting respected
M formation
-68 fib completion
I put my sl a little bigger bcs the spread is higher then on a major or minor fx pair.
Sentiment:
95% long, 5% short (1,45 lots; 0,08 lots) is not representative
EURNOK Will Go Higher From Support! Buy!
Hello,Friends!
We can see that EURNOK is about to go up
Based on the current price action
Overall the market sentiment is bullish right now
And I can see smart money entering longs
So we will buy too!
Like and subscribe and comment my ideas if you enjoy them!