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Euro / Norwegian Krone

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EURNOK trade ideas

EURNOK - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. EURNOK is approaching a strong support in green so we will be looking for buy setups. on H4: EURNOK is forming a trendline in red but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, EURNOK would be overall bearish can still trade lower inside the support before going up. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
EURNOK- Norway Increases Interest RatesNorway's central bank raised its benchmark interest rate on Thursday as widely expected, and said more hikes were likely next year although that would depend on the impact of a surge in coronavirus infections and the emergence of the Omicron variant. Norges Bank's monetary policy committee raised the sight deposit rate to 0.50% from 0.25%, its second hike in three months, as predicted by 20 out of 22 economists polled by Reuters and in line with the central bank's own plan. In other words: Fundamentals are strong here and our chart agrees. Our Love to all our Norwegian friends, the FXPROFESSOR
Short
by FX_Professor
1
Short Vision on EUR NOK for 14/12/2021Hello 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 10.21 as I am showing in my chart. Our Daily Goal is 10.17. Currently, EUR/NOK is moving towards the resistance level 10.275, 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:@10.275 TP1: @10.24 TP2: @10.21 TP3: @10.17 SL: @10.31 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
by HugoAJROUCHE
Short Vision on EUR NOK for 13/12/2021Hello 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 10.23 as I am showing in my chart. Our Daily Goal is 10.17. Currently, EUR/NOK is moving towards the resistance level 10.23,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:@10.23 TP1: @10.21 TP2: @10.19 TP3: @10.17 SL: @10.26 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
by HugoAJROUCHE
EURNOK ANALYSIS AND TRADE IDEA - MONTHLY AND WEEKLY ICIHello 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 4H time frame on the 0.382 and take profit at the -0.272 of the impulse leg and stop loss is above the last high. Trade Signal SELL Entry: 10.05767 Take Profit: 9.37643 Stop Loss: 10.18033 SELL Entry: 10.03073 Take Profit: 9.39421 Stop Loss: 10.18033 Good luck! Trade wisely, please do proper money management. ~FX_SHIFTER
Short
by fx_shifter
1
Short Vision on EUR NOK for 11/11/2021Hello 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 9.88 as I am showing in my chart. Our Daily Goal is 9.87. Currently, EUR/NOK is moving towards the resistance level 9.945,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:@9.945 TP1: @9.925 TP2: @9.905 TP3: @9.88 SL: @9.965 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
by HugoAJROUCHE