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...
EURNOK $EURNOK Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
EURNOK LONG - Buy Entry - H4 Chart Buy @ Market Symbol: EURNOK Timeframe: H4 Type: BUY Entry Price: Buy @ Market Pivot Point Yearly @ 10.11400 Resistance @ 10.03155 Resistance @ 9.82763 Support @ 9.62460 Support @ 9.47920 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions,...
EURNOK LONG - Buy Entry - H4 Chart Buy @ Market Symbol: EURNOK Timeframe: H4 Type: BUY Entry Price: Buy @ Market Major Resistance @ 9.91497 Major Resistance @ 9.97409 Major Resistance @ 10.07712 Major Support @ 9.77623 Major Support @ 9.76160
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 Friends! I think now 'EURNOK' Short 'Buy' position. Trade_ID: #B20000292 EURNOK - Buy => Entry Point: 10.91593 => Stop Loss: 10.71138 => Take Profit: 11.14789 => Take Profit2: Open You will take only 1-2% risk for all running entry You will try to give an alert when need to close it. ....Thank you... ©Learning Forex
Im expect some bearish momentum from this pair
EURNOK Forex cross pair (Euro versus Norwegian Krone) has broken all time high again after months. A previous monthly demand imbalance gained control last June 2018 and this cross pair has been rallying ever since. Why has Norway’s Krone suffered the worst drop in half a century? Well, by doing supply and demand analysis on the monthly timeframe we can see that...