Short Sell USD/NOKWe have a short sell set up for USD/NOK as the U.S Dollars have haven demand decreases as equity markets push higher.Short01:43by KayansMarketsPublished 224
USD/NOK is approaching the verge of the waterfallUSD/NOK surged nearly 4.00% this week already. This was mostly fired up by the buying appetite of USD bulls. We noticed that the pair was moving in a correction direction during the last week whose results appeared this week. But now, we see that our pair is moving very aggressively to form new highs, which triggers bears interest to sell after a bullish failure. Moving in an ascending channel after a bullish run is very overbought environment and a break of the channel is a clean sell signal. We can also see that the price stalled on the touch of the Weekly R4. I don't expect it to move higher this week, as I believe that week highs have been set. The level I look as a bearish target is set to be Weekly R1 at 190 pips below channel limit. Good luck with your choices! :) Shortby GeorgeZiiUpdated 2
USDNOK five wave , potential head and shouldersThe big five waves possible finish and the fourth wave may be completed, the potential head and shoulders buy limit:8.85 sl:8.64 tp:9.4775 risk reward ratio 1:3by GaryChienUpdated 443
Beautiful Setup for US Dollar / Norwegian KronePair has surged ~2% during the last week reaching a multi-week high and fell from it several days ago. Price seems to have bottomed below 9.00 level, from where it jumped up suddenly. We now notice that a bullish flag is slowly being shaped and is able to break at any time, opening the gates for 9.15 and then for further bullish waves, assisted by the ambitious Dollar strength which is yet to come. A dive in the red zone I have drawn means either that market needs more orders to shoot high or that sellers have won the medium-term game and will drive the price down, with no support anywhere close. We stay patient while the flag hasn't completed yet so we have to see a break in order to place any trade, either to the long side or to the downside. Longby GeorgeZiiUpdated 333
USD/NOK BuyDaily down trend from April appears to have ended. Price has broken above of horizontal resistance and now looks to be testing breakout area. Initial target of 9.40Longby namrusPublished 221
USDNOK Reverses off of 'Perfect' LevelUSDNOK reversed sharply last week from the line off of the 2016 and 2018 highs. This line was precise resistance AND support in 2019. The area around last week’s low has been a major horizontal level since 2016. I also like that the 200 week average is just under the low. General upside focus is 9.87-9.98. This is the former 4th wave high (5 waves down from the March high) and 38.2% retrace of the drop.Longby jsaettelePublished 113
watch for possible short setup!When USDNOK breaks below the structure we can open a nice short setup to the -0.272 fib. level! ...on our watchlist for today!Shortby Lion247Published 112
USD NOK BUY (US DOLLAR - NORWEGIAN KRONE)Hi there. Price is forming a reversal pattern to change its direction. Wait for the price to complete the pattern and watch strong price action for buy.by thunderpipsPublished 11
USDNOK timeline about what impacted the swingstimeline about what impacted the swingsby MoneysharXPublished 0
Two scenarios on USDNOK by ThinkingAntsOkMain items we can see on the chart: a) The major structure we can see is a Daily Ascending channel b) Currently, the price is on the lower trendline of the channel + major support resistance zone / That provides us with a strong level c) Now we have to pay attention either for a reversal movement or a continuation one d) We have established those 2 zones one for the bullish and one for the bearish direction. The idea is not to trade directly but to wait for the adequate corrective structures by ThinkingAntsOkPublished 116
Short: USD/NOKFollowing the weak dollar, I have placed another short on USD/NOK Doji's and hammers show uncertainty in the marketShortby JD_FXPublished 220
NOKUSDdont short one of the richest, happiest countries in the world pr capita with its oil fund owning 1% of all world stocks,properties and other investment sectors 10 179 billion NOK, and excessive natural resources in a small country with only 5million people, this is going be a squeeze to fill the empty gap, as other countries printing more and more money to help their people. Longby MoneysharXPublished 1